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Hannover House Inc. HHSE
Posted On: 06/25/2013 10:40:22 AM
Post# of 7461
Posted By: HHSErocks

10).  How come I couldn't find "Toys in the Attic" at some Wal-Mart locations? 

     A:  In January of this year, the Company's relationship with the Vendor-Manager / distribution partner that had been placing our products into Wal-Mart deteriorated over a sales and cash dispute;  a prior agreement for this vendor to remit monthly payments to Hannover House, as well as an agreement for direct payment to the replication lab, were both ignored by this distribution partner.  These actions caused a disruption in the product flow and nationwide roll-out of units to Wal-Mart on the initial street date.  The dispute with this former distribution partner continues, and may result in litigation by Hannover House with our Company's demand that they render payment.  Accordingly, HH would be remiss to publicly release additional details at this time.  Hannover House has since replaced this former distribution partner with a much larger entity with greater placement strength and higher per-unit net pricing to Hannover House.  This new distribution relationship is one of the exciting and  pending new announcements for the Company.














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