HHSE blog post today. The last line is particularly apt, concise and to the point.
Seems like those from ILie who spew vomitus so widely have been called out. The only problem is that HHSE can't make certain ILie posters truthful.
Blog Posting
Legal issues - reality vs. rumor!
Greetings HHSE Friends - Two "legal" questions arose onto the chat boards today. The purpose of this blog is to address and clarify what these issues are and what they mean.
1). ELDER MANAGEMENT - As previously addressed, the lawsuit filed in April by Elder Management was resolved in less than 24 hours. The attorney for Elder neglected to file the case withdrawal. We have communicated with her (again) to please withdraw / close the action as it's been resolved.
2). ANDERSON'S LOAN - As stated previously, the "Andersons P&A Loan" for the 2010 theatrical release of "TWELVE" is one of only two outstanding P&A loans still being carried on the books. This is nothing new; it's long since been known and disclosed. The Anderson's sued HHSE four years ago (2011), and have twice (in the past) issued "levy" garnishments against the Company, usually resulting in minimal benefit to them because of the Company's practice of immediately reinvesting cash flow into new product sales. Fred Shefte has made several proposals to the attorney for the Andersons to persuade them into considering various payment structures and payment plans. We remain perplexed at their insistence on not accepting an installment agreement, ostensibly due to a concern that accepting partial payments might somehow jeopardize the collectibililty of the total debt (which is a legal position our HHSE counsel disagrees with). As a result of a new garnishment issued today by the Andersons against Liberty Bank, they will likely collect less than $1,000. Last October, we offered a $40,000 payment that was not accepted; accordingly, those funds were allocated to other creditors. The Anderson's garnishment action is a distraction, but not an issue at all impacting the Company's daily operations and activities.
We would love to structure a payment plan with the Anderson's attorney. Perhaps now, after trying a third time via the "adversarial method" and not getting relief, the receptivity to our HHSE payment plan will be considered.
As has been often stated, HHSE immediately reinvests almost all cash flow into new release marketing and the fulfillment of orders. We don't sit on cash, we put it immediately back to work. Accordingly, when the attorney for a creditor doesn't want to structure a payment plan - but instead prefers to attack the windmill - the result is usually futile. We remain hopeful that the Andersons will decide to accept a payment plan from HHSE, as we could pay off their balance in 12-to-18 months.
The attorney for the Anderson's is GEORGE RHODES in Bentonville. For those of you that live in a shadowy "anonymous" world of chat boards, where you can make brash and false statements (in this case, disputing that HHSE offered funds and a payment plan to the Andersons that was refused), I remind you that HHSE management is REQUIRED under disclosure laws to be truthful and accurate... even when circumstances later change. We cannot hide anonymously under a rock like a slug. My suggestion: Come on out and reveal your identity to all of the Chat Board trolls, stand behind your statements... or do you prefer that HHSE simply publish the civil lawsuit which lists your name, address, telephone and known accomplices / acquaintances? Before you will be allowed to spew your diarrhea onto the HHSE reputation, get your facts straight and stand behind your statements. Be proud of your statements: come out and say MY NAME IS _____ and I LIVE AT ____ and this is what I believe about HHSE and the managers. But maybe that's too much reality for your factually challenged world?
There are those in the world that create something of value... and there are those that live a parasitic existence off these creators. Some of us would like our lives to generate something positive; others simply generate carbon dioxide and fecal material. HHSE management finds it amusing that some of the chat board trolls PRETEND to be in the movie business (but cannot cite a single credit), or PRETEND to be super experts at S.E.C. rules because they can cut-and-paste paragraphs off the Edgar site. So - you all know ERIC PARKINSON and FRED SHEFTE. These guys stand behind everything they do and say - proudly, publicly, without shame. Who are the trolls? Either ask them to stand behind their statements, reveal their true resumes and identities, or STFU.
Seems like those from ILie who spew vomitus so widely have been called out. The only problem is that HHSE can't make certain ILie posters truthful.
Blog Posting
Legal issues - reality vs. rumor!
Greetings HHSE Friends - Two "legal" questions arose onto the chat boards today. The purpose of this blog is to address and clarify what these issues are and what they mean.
1). ELDER MANAGEMENT - As previously addressed, the lawsuit filed in April by Elder Management was resolved in less than 24 hours. The attorney for Elder neglected to file the case withdrawal. We have communicated with her (again) to please withdraw / close the action as it's been resolved.
2). ANDERSON'S LOAN - As stated previously, the "Andersons P&A Loan" for the 2010 theatrical release of "TWELVE" is one of only two outstanding P&A loans still being carried on the books. This is nothing new; it's long since been known and disclosed. The Anderson's sued HHSE four years ago (2011), and have twice (in the past) issued "levy" garnishments against the Company, usually resulting in minimal benefit to them because of the Company's practice of immediately reinvesting cash flow into new product sales. Fred Shefte has made several proposals to the attorney for the Andersons to persuade them into considering various payment structures and payment plans. We remain perplexed at their insistence on not accepting an installment agreement, ostensibly due to a concern that accepting partial payments might somehow jeopardize the collectibililty of the total debt (which is a legal position our HHSE counsel disagrees with). As a result of a new garnishment issued today by the Andersons against Liberty Bank, they will likely collect less than $1,000. Last October, we offered a $40,000 payment that was not accepted; accordingly, those funds were allocated to other creditors. The Anderson's garnishment action is a distraction, but not an issue at all impacting the Company's daily operations and activities.
We would love to structure a payment plan with the Anderson's attorney. Perhaps now, after trying a third time via the "adversarial method" and not getting relief, the receptivity to our HHSE payment plan will be considered.
As has been often stated, HHSE immediately reinvests almost all cash flow into new release marketing and the fulfillment of orders. We don't sit on cash, we put it immediately back to work. Accordingly, when the attorney for a creditor doesn't want to structure a payment plan - but instead prefers to attack the windmill - the result is usually futile. We remain hopeful that the Andersons will decide to accept a payment plan from HHSE, as we could pay off their balance in 12-to-18 months.
The attorney for the Anderson's is GEORGE RHODES in Bentonville. For those of you that live in a shadowy "anonymous" world of chat boards, where you can make brash and false statements (in this case, disputing that HHSE offered funds and a payment plan to the Andersons that was refused), I remind you that HHSE management is REQUIRED under disclosure laws to be truthful and accurate... even when circumstances later change. We cannot hide anonymously under a rock like a slug. My suggestion: Come on out and reveal your identity to all of the Chat Board trolls, stand behind your statements... or do you prefer that HHSE simply publish the civil lawsuit which lists your name, address, telephone and known accomplices / acquaintances? Before you will be allowed to spew your diarrhea onto the HHSE reputation, get your facts straight and stand behind your statements. Be proud of your statements: come out and say MY NAME IS _____ and I LIVE AT ____ and this is what I believe about HHSE and the managers. But maybe that's too much reality for your factually challenged world?
There are those in the world that create something of value... and there are those that live a parasitic existence off these creators. Some of us would like our lives to generate something positive; others simply generate carbon dioxide and fecal material. HHSE management finds it amusing that some of the chat board trolls PRETEND to be in the movie business (but cannot cite a single credit), or PRETEND to be super experts at S.E.C. rules because they can cut-and-paste paragraphs off the Edgar site. So - you all know ERIC PARKINSON and FRED SHEFTE. These guys stand behind everything they do and say - proudly, publicly, without shame. Who are the trolls? Either ask them to stand behind their statements, reveal their true resumes and identities, or STFU.
