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Posted On: 04/07/2021 10:29:11 PM
Post# of 7452
P.R. HELD FOR THURSDAY
REGARDING THE PLANNED PRESS RELEASE FOR TODAY - We have elected to hold the press release until tomorrow. One of the executives that we have been negotiating with to join MYFLIX is still under a non-compete provision with a prior employer (an SVOD industry leader). While neither HHSE nor the individual believe that a hiring by MyFlix violates this post-employment restriction, we do not feel that the publicity or distraction of a legal battle is in the best interests of MyFlix at this time. Tomorrow's news will address other exciting and relevant topics.... WEDNESDAY AFTERNOON UPDATE: Press Release was held for PRE-MARKET tomorrow (Thursday), as we have been advised that such timing is more beneficial for investor enthusiasm, volume and liquidity. THANKS!!
http://hannoverhousemovies.blogspot.com/2021/...s-for.html
REGARDING THE PLANNED PRESS RELEASE FOR TODAY - We have elected to hold the press release until tomorrow. One of the executives that we have been negotiating with to join MYFLIX is still under a non-compete provision with a prior employer (an SVOD industry leader). While neither HHSE nor the individual believe that a hiring by MyFlix violates this post-employment restriction, we do not feel that the publicity or distraction of a legal battle is in the best interests of MyFlix at this time. Tomorrow's news will address other exciting and relevant topics.... WEDNESDAY AFTERNOON UPDATE: Press Release was held for PRE-MARKET tomorrow (Thursday), as we have been advised that such timing is more beneficial for investor enthusiasm, volume and liquidity. THANKS!!
http://hannoverhousemovies.blogspot.com/2021/...s-for.html
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