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Posted On: 01/18/2019 11:51:52 AM
Post# of 7542
IS HHSE CONSIDERING ANY "NON FILM" ACQUISITIONS WITH THE PROCEEDS FROM THE S-1 REGISTRATION?
A: Yes, the company is looking at several "related business opportunities" that would be a complement to HHSE / Medallion, but not specifically falling in the existing operational categories. At present, there are three cash-flow positive / profitable businesses that could be acquired by HHSE following the S-1 revenues which may be of merit to the diversification and expansion of the company. However, it would be detrimental to the negotiating process to prematurely begin public discussion / disclosure of new business opportunities that are still in the pre-documentation discussion and research stages.
A: Yes, the company is looking at several "related business opportunities" that would be a complement to HHSE / Medallion, but not specifically falling in the existing operational categories. At present, there are three cash-flow positive / profitable businesses that could be acquired by HHSE following the S-1 revenues which may be of merit to the diversification and expansion of the company. However, it would be detrimental to the negotiating process to prematurely begin public discussion / disclosure of new business opportunities that are still in the pre-documentation discussion and research stages.
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