On Any Sunday made lots $$$ with its first movie and has a cult following heading into Nov 7th release.
79 days til HHSE biggest theatrical release partnered w a company everyone might know... RED BULL!!!
HHSE Stock Message Board http://investorshangout.com/Hannover-House-Inc-HHSE-67495/
wasn't the purpose for the shareholders meeting in nyc to meet all these same people? did it not work or do we just need to do a more involved marketing?
HHSE Blog... Www.hannoverhousemovies.blogspot.com
The Company markets its service to consumers primarily through
pay-for-performance marketing programs, including online promotions,
advertising insertions with most leading DVD player manufacturers and
promotions with electronics and video software retailers. These
programs encourage consumers to subscribe to the Company's service and
include a free trial period of typically 14 days. At the end of the
trial period, subscribers are automatically enrolled as paying
subscribers, unless they cancel their subscription. Approximately 90%
of trial subscribers become paying subscribers. All paying subscribers
are billed monthly in advance by credit card. The Company stocks
almost every title available on DVD, excluding mature and adult
content."
NetFlix.com, Inc. (NFLX)
Do we know the 10 plus indie studios joining vodwiz as of yet? I think they should advertise vodwiz at all independent film festivals, advertise during preview of on any sunday movie, and other theatrical releases..
Got this from a Netflix thread
" Online Portals
"Marketing was key in the early adoption and success of Netflix. By
getting the word out through major portals, Yahoo, MSN, and AOL, and
through its relationship with BestBuy, consumers were deluged with
information about the Netflix service"
Free Trials
"Free trials addressed the skeptics of a radically new service, and
resulted in high conversion rates to continuing customers. The
recurring transaction model helped consumers adopt the discipline of
selecting films each week but without pressure."
NETFLIX Free Resources
Also Word of mouth which drov..40% of signup came from word of mouth for Netflix.
NEWS: Profits, VODwiz Launches 8/30/14, Investor Relations Hired
Aug 19, 2014
Despite Increases in Q2 Revenues and Profits, Hannover House Stock Price Wallows Under Artificial Pressures
Springdale, AR / ACCESSWIRE / August 19, 2014 / Hannover House, Inc. HHSE, a leading independent distributor of films, books and entertainment products, posted its eighteenth consecutive quarter of profitability with the Q2, 2014 filings released to the OTC Markets and S.E.C. Edgar database. But despite the company's solid results and fundamentals, limited investor awareness has created an artificially suppressed share price, which Hannover House feels can be turned into a tremendous growth opportunity for savvy traders.
Revenues for the three-month period ending June 30, 2014 were $891,190 with operating, pre-tax profits of $241,647. These 2014 results represent a significant improvement over the company's Q2 results from 2013, which tallied revenues of $223,802 and operating, pre-tax profits of $39,377.
"We need to do a better job of communicating our successes, results and activities at Hannover House," said Fred Shefte, President. "Our current share price is illogically and irrationally low, trading at a Price-Earnings Ratio of only 3.3 against our industry sector P/E average of 22. By all measures, the company's stock should be trading at a 6-times greater share price. With our upcoming launch of the VODWIZ portal and our major theatrical and video release schedule, there's strong evidence that the stock value indicator is even greater," he concluded.
To build investor awareness, Hannover House will immediately implement a long-term "investor-relations" outreach program, including a full-time, dedicated staff representative. The company will expand on its current social media activities (with Facebook and Twitter), and will add outreach to stock groups, investment funds and high-net-worth investors. Additionally, the first in a series of quarterly investor "Report Card and Update" brochures will be mailed to all shareholders of record in early September, and will highlight current and upcoming activities for the company. It is Hannover's belief that an informed - and expanded - shareholder base will dramatically increase the share price and volume of daily trades, and in doing so, reduce the absurdity that sometimes occurs in a low-volume, low-information environment.
"Over the past four years, Hannover House management has focused all resources on building our film and video distribution activities," said C.E.O., Eric Parkinson. "Now that we have established a consistent core business, we can reallocate managerial and financial resources to better communicate our mission to the investment community. We want to build our shareholder base with savvy, long-term investors who recognize our unique market position and the company's tremendous growth opportunities."
The company's newly hired in-house investor relations director will be announced and introduced to the shareholders and investment communities on Monday, August 25.
Full financials for the Q2, 2014 period for Hannover House, Inc. are published on the OTC Markets site, as well as through S.E.C. Edgar filings. Operating divisions for Hannover House also include Medallion International Pictures (international sales and financing), Bookworks, Inc. (publishing and specialty products), and VODwiz (a multi-studio video-on-demand website and IPTV portal launching August 30, 2014).
Key retail accounts carrying Hannover House DVD's and Blu-Ray products include Walmart Stores, Inc., Redbox, Netflix, Best Buy, Barnes & Noble and thousands of independent video retailers, schools, libraries and booksellers. The company also sells entertainment products to a wide range of internet sites, and services most major video-on-demand portals. Hannover House stock is traded on the OTC Markets under ticker symbol:
http://www.otcmarkets.com/stock/HHSE/news
http://www.marketwatch.com/story/despite-incr...2014-08-19
HHSE
Tom Sims is the man. He will bring in millions of dollars innew business. Along with VODwiz HHSE's pps will be heading due north.
The rise of HHSE is making some very very nervous. Winky face. lol
Vodwiz is going to generate millions to bottom line. Launch is coming shortly. Www.vodwiz.com
Addition of tom sims will pay off ten fold
Tom Sims
VP of Sales at Hannover House
Fayetteville, Arkansas Area Entertainment
Tom Sims's Overview
Current
VP of Sales at Hannover House
Past
VP Corporate Development at Allegro Media Group / Softland International
Senior Director of National Accounts at Vivendi Entertainment
Sales Director at UMGD / Vivendi Entertainment
Education
Amarillo College
Connections
500+ connections
Tom Sims' Summary
Ambitious, results oriented with experience in all phases of a supplier/mass merchant - studio/retailer relationship. Demonstrated track record of sales increases combined with proven efficiency. Qualified and eager to conduct sales/leadership functions in the mass merchant/club channel.
Specialties
National Account Management
Entertainment Category
Sales and Marketing Strategies
Strategic Planning and Execution
Leadership and Team Building
Store of the Community
Niche Title Placement
Merchandising
Tom Sims' Experience
VP of Sales
Hannover House
Entertainment industry
May 2014 – Present (2 months) Bentonville, AR
Hannover House is a full service media company, specializing in the production and distribution of feature films for theatres, home video and the Video-On-Demand formats for the North American retail marketplace. Formed in 1993, Hannover House concentrated it’s activities exclusively in the literary, book-publishing industries until 2003 when the company entered into the DVD marketplace.
Now, with over 200 titles in its growing film library -- over half of which are in active distribution -- Hannover House has quickly ascended to a dominant role as a leading, independent distributor in the U.S. market. The company is particularly noted for its successes in placing DVD titles within mass merchandisers and key chain stores. Retailers carrying Hannover House products include thousands of independently owned and operated retail video stores and book stores, and most mass merchants and major retailers. In addition to this "core" distribution activity, Hannover House is launching two, major new ventures in 2014. "VODwiz" is a new video-on-demand portal for independent films, structured similarly to Netflix and Amazon's streaming services; "Medallion International Pictures" is the company's international sales and financing operation, designed to provide Hannover House with up to five, high-profile theatrical features each year.
VP Corporate Development
Allegro Media Group / Softland International
February 2010 – May 2014 (4 years 4 months) Bentonville, AR
Focus growth in DVD, Blu ray, and Digital distributed content and Studio/Account relationships along with managing overall direction and initiatives for the category and Allegro.
• Coordinated a 980% growth in overall sales with licensed Video content.
• Manage Sam’s Club business including initiating direct business along with establishing sales at WalMart stores.
• Assist in account visits with Sales Representatives (selling of product and managing account relationships).
• Negotiate licensing and distribution deals with Independent video studios and accounts to help strengthen the overall growth and visibility in the market (includes digital, physical, and VOD placement of titles).
• Manage key marketing initiatives including coordinating Allegro’s New Release Video books , release schedules for monthly new releases, launch catalog re-promote programs (corporate and account specific), facilitate monthly new release calls.
• Direct all Rental, VOD, TV, and Digital business (Studios, titles, programs, and accounts).
• Wide interaction within Allegro and its divisions, Studio partners, Accounts, and direct reports.
Senior Director of National Accounts
Vivendi Entertainment
Public Company; 51-200 employees; VIVDY; Entertainment industry
January 2008 – February 2010 (2 years 2 months)
Responsible for the placement and sales growth of UMGD: Vivendi Entertainment’s DVD product in WalMart, Sam’s Club, and Hastings Entertainment including direct reports handling Target and Toys R Us.
• Direct interaction and responsible for accounts making up 40% of overall VE business.
• Led sales team that represented Vivendi Entertainment at WalMart, Sam’s Club, Hastings, Best Buy, Target, and Toy R Us including personnel in Bentonville office.
• Managed team with consistent sales increases in each account in a declining industry.
• Developed and executed plans for title placement, promotions, and discount programs.
• Created programs and pricing initiatives to achieve placement and plan on WalMart and Sam’s new release and modular sets including the development and implementation to support each.
• Cultivated relationships at buyer and executive levels in accounts.
• Consistent Retail Link analysis / reporting, Excel, and PowerPoint.
• Executive interaction and reporting within Vivendi, studio partners, and accounts.
• Effectively managed budget and placement fees for VE titles in accounts.
• Initiate and execute account specific promotions for key catalog and new release titles.
Sales Director
UMGD / Vivendi Entertainment
July 2004 – January 2008 (3 years 7 months)
Responsible for the placement and sales growth of UMGD: Vivendi Entertainment’s DVD product in select mass merchant accounts, club accounts, and specialty market accounts (WalMart, Sam’s Club, Costco, Virgin Megastore, Tower Records, and Hastings). Innovative ideas, experience, and solid rapport with buyers and marketing teams helped produce double digit sales increases in all accounts year after year.
• Executed title selection and placement for WalMart and Sam’s new releases and modulars.
• Facilitated and delivered presentations for account specific meetings and conference calls.
• Negotiated pricing and placement on all selections.
• Worked title life cycle at accounts through tiered pricing strategies.
• Managed office personnel and Latin field team including executing Anglo and Latin initiatives in the market place.
• Performed administrative duties such as advertising authorizations, weekly reports to executive team, weekly title forecasting with studio partners, promotional plans and coop approvals, sales tracking and projections.
• Assisted in acquisitions and overall sales direction for Independent video product.
• Assisted in acquiring and setting up distribution deals with Independent video studios to help strengthen the overall growth and visibility in the market.
Video Merchandise Manager
Anderson Merchandisers
Privately Held; 1001-5000 employees; Retail industry
April 2002 – July 2004 (2 years 4 months)
Responsible for the sales growth and purchasing direction of all Anderson supplied Independent video product to WalMart stores with goals to increase business, lower returns, and increase margins for both WalMart and Anderson.
• Successfully executed plans and programs that produced a $265M category for Anderson.
• Liable for negotiation, promotions, co-op, and overall profitability of the video category.
• Communicated buys and priorities to operational team for implementation.
• Responsible for communicating WalMart’s video initiatives in regards to sales, execution, instocks, and plans for Independent video to WalMart and Anderson.
• Created additional business through store promotions and increased title selection within WalMart stores.
• Aggressive negotiating that produced low costs for titles selected. Final product sold to WalMart obtaining all margin requirements/goals for all parties.
• Maintained double-digit sales increases for 3 years straight.
• Upheld strong communication between WalMart corporate, Anderson Merchandisers, Suppliers, and WalMart stores.
Video Buyer
Anderson Merchandisers
Privately Held; 1001-5000 employees; Retail industry
January 1999 – April 2002 (3 years 4 months)
Responsibilities included the negotiating, selling, buying and distribution of video product to WalMart stores. Effectively managed category and personnel. Maintained store and DC inventory levels with a growing Independent title selection in stores. Increased sales, ships, margins and lowered returns for an overall growth and revenue increase. Facilitate communication throughout the supply chain.
Music Analyst
Anderson Merchandisers
Privately Held; 1001-5000 employees; Retail industry
March 1997 – January 1999 (1 year 11 months)
Responsible for preparing timely and accurate reports/analysis for all aspects of the Music category including title specific reporting, store by store analysis, and Sound Scan. Experienced with spreadsheet software Lotus, Excel, AS400 queries, and WalMart Retail Link reporting.
Systems Analyst
Anderson Merchandisers
Privately Held; 1001-5000 employees; Retail industry
February 1996 – March 1997 (1 year 2 months)
Investigate systematic opportunities and errors in regards to the Anderson Replenishment system and WalMart stores. Responded to stores and representatives aiding them in proper merchandising of stores while helping to eliminate system problems at store level.
Department Manager
Anderson Merchandisers
Privately Held; 1001-5000 employees; Retail industry
June 1993 – February 1996 (2 years 9 months)
Managed 35 employees while overseeing the Book Returns Department with an average inventory of $10 million. Reduced Anderson Merchandisers’ payroll costs by increasing efficiencies, motivating employees, and cross training. Downsized department to 21, enabling 14 associates to work in other areas of the Returns Center. Position led to managing Music and Video departments responsible for recycling product back out to 3 distribution centers.
Dedicated Merchandiser
Anderson Merchandisers
Privately Held; 1001-5000 employees; Retail industry
August 1992 – June 1993 (11 months)
Assisted in the servicing of WalMart’s book, music, and video departments. Duties included returns processing, stocking of orders, product ordering, inventory, and general organization of merchandise.
Set Crew Associate
Anderson Merchandisers
Privately Held; 1001-5000 employees; Retail industry
February 1992 – August 1992 (7 months)
Traveled the Eastern United States aiding in the constructing of WalMart book, music, and video departments. Helped coordinate store sets with assistance from Anderson store representatives, district managers, and WalMart store managers.
http://www.linkedin.com/in/tomasims
6/2/14
Top Industry Distribution Executive Tom Sims joins Hannover House as Vice-President of Sales
Bentonville, AR / ACCESSWIRE / In response to rapid growth in sales and distribution activities, Hannover House, Inc. (OTC: HHSE), has made a major executive move with the engagement of entertainment industry veteran Tom Sims as Vice-President of Sales. The hire is effective immediately, with Sims already working out of the Hannover House world headquarters in N.W. Arkansas. Hannover House is a leading U.S.A. producer and distributor of independent films, books and entertainment products.
“The engagement of an executive of the stature of Tom Sims is a major leap forward for Hannover House,” said Eric Parkinson, C.E.O. “With our recent successes at Cannes and our enhanced release slate for 2014 and 2015, the expansion of our management and support team is an essential step to maximize our corporate growth. Tom Sims holds an elite status in the distribution community, having worked through retail, wholesale and studio levels. His track record for success is profound and his relationships are unsurpassed. We are extremely honored to have Tom join the Hannover House team, and know that his contribution will help us quickly reach the next level of revenues, industry profile and bottom-line growth,” Parkinson concluded.
Tom Sims is a highly respected and proven executive with over 20-years of experience in the home video industry. For more than ten years, Sims was the Video Manager for Anderson Merchandisers, coordinating the nationwide sales and placement of video products into Walmart Stores, Inc. He accepted the position as Senior Director of National Accounts for Vivendi (Universal) in 2004, and in 2009 became the Vice President of Corporate Development for Allegro Media Group. As Vice President of Sales for Hannover House, Inc., Sims will be coordinating and managing the release strategies and sales solicitation for all consumer products and domestic media, including DVDs, Blu-Rays, Video-On-Demand, Television and Books.
Hannover House was established in 1993 as a book publisher, with a DVD product line added in 2002. The company quickly grew into one of the top indie-studio suppliers for Walmart and Anderson Merchandisers (working at that time with Tom Sims, who was managing national video placements for Anderson Merchandisers, a primary D5 supplier for Walmart). During the past 12 years, Hannover House has released over 150 titles to the home video market in North America, and has added theatrical, television and video-on-demand activities over the years as title demands would merit. The company’s film and television library now has over 250 titles.
In addition to the core release activities of Hannover House in the entertainment packaged goods market, the company has successfully expanded into the international marketplace, with a robust launch and booth presence last month at the Cannes Film Festival and Marche Du Film. This summer, the company’s proprietary video-on-demand portal, VODwiz.com, will launch to consumers, expanding beyond the beta-test site and rolling out with more than 2,500 titles (most of which are being provided through ten participating supplier studios). The company’s international sales and financing activities are being handled through the recently launched Medallion International Pictures division, which has been designed by Hannover House as a financing vehicle and releasing label for higher-end, theatrical programming. The VODwiz website and IPTV venture has been described by the Media Analyst Group as “the Netflix of independent studios” based on the business model of offering movies for streaming both under a “pay-per-transaction” basis, as well as through a monthly subscription model.
Existing, key retail accounts for Hannover House consumer packaged products include Walmart Stores, Inc., Redbox, Netflix, Barnes & Noble and thousands of independent video retailers, schools, libraries and booksellers. Under the direction of Tom Sims, as the newly hired Vice President of Sales, Hannover House expects to quickly and significantly add to its base of key accounts. The company also sells entertainment products to a wide range of internet sites, and services most major video-on-demand portals. The company has been profitable for each of the past eighteen quarters, and feels that the 2014 and 2015 new activities will significantly increase both revenues and bottom line results.
HHSE's core business expanding from dvd distribution to include and not limited to VODwiz. The blueprint for the company is currently being implemented. I have over the last few years let other investors and potential shareholders know that I like to pick up cheaper shares whenever possible.
Yes, lower lows and lower highs still prevail.
Good luck though!
hhse
Hangover House will blog a report on 'Shadow Vision' in 2018,
if still in business, until then, they are working diligently at compromising a 5 year old audit.
LOL, more dated, more regurgitated hhse blogs that state their doing the same they were going to do early 2013.
These dudes are full of shet, imo.
hhse
I would surmise some hhse investors are in on it as well, imo.
Hangover House is in a severe world of hurt, being objective and non biased regarding hhse and bringing up links which prove fictitious rant otherwise are easily dismissed when investors are losing daily, imo.