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Hannover House Inc. HHSE
Posted On: 06/25/2013 10:36:27 AM
Post# of 7460
Posted By: HHSErocks

5).  What's the update on "Mother Goose"?  How can HHSE finance a $12-mm production when the Company is otherwise tightly managing cash flow?

     A:  There's a lot of exciting activities happening with this production, from distribution partnerships and presales, to an amazing cast of box-office superstars.  HHSE is not "financing" the movie with existing credit lines, cash flow or debt.  The film is being financed primarily through a bank structure that includes a direct assignment of international presales, tax incentives, rebates and a senior lien on the asset and revenue streams.  The announcement of distribution partners will be withheld until its deemed most beneficial for the partners (perhaps timed for a major festival or market, or timed to correspond with a theatrical and network broadcast debut of the first teaser-trailer).  The announcement of cast members will be subject to the approval of the agents, managers and publicists for the principal stars, as required.














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