Posted On: 07/15/2016 11:25:23 AM
Post# of 7474
SUMMARY: Opportunities/Ventures; HHSE Pursuing Significant Revenues Opportunities/Ventures ; Alchemy Implosion
Recent news that Our Alchemy LLC. ceased operations and is filing Bankruptcy. The case has now been formally converted from Chapter 7 no-asset liquidation, to "Asset" based, and all creditors are being notified.
This development has big implications For HHSE / Medallion:
1.) Alchemy owes HHSE about $754,000. Since the case has now been formally converted to "Asset" based, there is a chance that HHSE may be able to recover some of that monies.
2.) The cessation of Alchemy has left a void in Distribution Duties of Entertainment Industry. HHSE is/has been Pursuing Significant Revenue Changing Opportunities/Ventures. Simply put, HHSE may be able to assume/acquire/take-over a chunk(s) of Alchemy former business.
3.) Alchemy former business in simple terms:
a.) Various Distribution Duties for Supplier Studios.
b.) Valuable "Vendor" Access to Walmart and Target Stores.
c.) Alchemy owns 1,000 Titles Film Library (of which 250 are considered "high-profile catalog" hits), and more than 50 new and unreleased titles.
May 12
NEWS: "Cinedigm Signs Distribution Agreement with HHSE/Medallion Releasing":
http://files.shareholder.com/downloads/AIXD/0...eneral.pdf
June 23
BLOG: Alchemy on shaky ground. HHSE/Cindigm Venture doing well (placing two and three HHSE Titles Per Month into Walmart and Best Buy):
http://hannoverhousemovies.blogspot.com/2016/...tions.html
June 30
BLOG: HHSE prior disclosures and proactive actions (Alchemy):
http://hannoverhousemovies.blogspot.com/2016/...ve_30.html
July 5,
Alchemy Files Bankruptcy:
http://www.ouralchemy.com/
July 13
HHSE Opportunities/Ventures: Alchemy/Implosion; HHSE Focused, Pursuing Revenue Changing Significant Opportunities/Ventures
http://investorshangout.com/post/view?id=3901928
July 14
BLOG: HHSE/MEDALLION First-Stage Victory in Alchemy Matter:
http://investorshangout.com/post/view?id=3902038
Quote:
It is our belief that a substantial amount of recovery is possible... and simultaneously, HHSE / Medallion are being solicited to take-over distribution duties for many of the Supplier studios formerly represented by Alchemy. So for HHSE / Medallion and the key Supplier studios, there appears to be a golden-lining to the Alchemy storm clouds. More news will be posted as authorization is obtained.
PLEASE NOTE: There are several parallel paths being pursued by HHSE / MEDALLION at present involving Alchemy matters - and an exciting variety of new opportunities that have presented themselves to HHSE / MEDALLION as a result of the Alchemy implosion. Any one of these opportunities / ventures could significantly change the stature and revenues of HHSE / MEDALLION. Accordingly, Management has been focused and occupied for the past week on the pursuit of these significant opportunities.
Recent news that Our Alchemy LLC. ceased operations and is filing Bankruptcy. The case has now been formally converted from Chapter 7 no-asset liquidation, to "Asset" based, and all creditors are being notified.
This development has big implications For HHSE / Medallion:
1.) Alchemy owes HHSE about $754,000. Since the case has now been formally converted to "Asset" based, there is a chance that HHSE may be able to recover some of that monies.
2.) The cessation of Alchemy has left a void in Distribution Duties of Entertainment Industry. HHSE is/has been Pursuing Significant Revenue Changing Opportunities/Ventures. Simply put, HHSE may be able to assume/acquire/take-over a chunk(s) of Alchemy former business.
3.) Alchemy former business in simple terms:
a.) Various Distribution Duties for Supplier Studios.
b.) Valuable "Vendor" Access to Walmart and Target Stores.
c.) Alchemy owns 1,000 Titles Film Library (of which 250 are considered "high-profile catalog" hits), and more than 50 new and unreleased titles.
May 12
NEWS: "Cinedigm Signs Distribution Agreement with HHSE/Medallion Releasing":
http://files.shareholder.com/downloads/AIXD/0...eneral.pdf
June 23
BLOG: Alchemy on shaky ground. HHSE/Cindigm Venture doing well (placing two and three HHSE Titles Per Month into Walmart and Best Buy):
http://hannoverhousemovies.blogspot.com/2016/...tions.html
June 30
BLOG: HHSE prior disclosures and proactive actions (Alchemy):
http://hannoverhousemovies.blogspot.com/2016/...ve_30.html
July 5,
Alchemy Files Bankruptcy:
http://www.ouralchemy.com/
July 13
HHSE Opportunities/Ventures: Alchemy/Implosion; HHSE Focused, Pursuing Revenue Changing Significant Opportunities/Ventures
http://investorshangout.com/post/view?id=3901928
July 14
BLOG: HHSE/MEDALLION First-Stage Victory in Alchemy Matter:
http://investorshangout.com/post/view?id=3902038
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