saw $hhse "valley inn" @ walmart ( $9.96) ne

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The Linda Vista Project
www.imdb.com/find?ref_=nv_sr_fn&q=the+linda+vista+project&s=all


Salvation
http://www.imdb.com/title/tt1457764/?ref_=fn_al_tt_3


Jeffrey Reiner
http://www.imdb.com/name/nm0718001/?ref_=tt_ov_dr


Another film in which HHSE is associated
http://www.imdb.com/title/tt2950418/


1st Valley Inn & now Greater (filmography)

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1). NOW SHIPPING TO WALMART - "Dark Awakening" - "Brutal Colors" - "Salvation" - "Union Bound" - "Linda Vista Project." It's an understatement to note that any single supplier - esepcially an independent distributor - would have successfully placed FIVE titles in Walmart at one time. This bodes very well for Q4 cash flows. Someone asked, how does this impact Q2 / Q3 revenues? The answer is that the Company is now working on CASH-BASIS accounting rather than accrual accounting. The prior policy of "accruing" sales as they become activated (rather than when they are paid), has created some issues of confusion in reconciling the Company's A.R. vs Available Cash (as well as the dual issue of cash-basis tax returns vs accrual basis pubco filings). As previously disclosed, contracts such as NETFLIX and SHOWTIME are paid over the length of the licensing term. So for HHSE to book three-years of receivables (against Netflix, for instance) during the specific revenue quarter that the sale was activated does not conform to the cash-flow from the contract. Yes, booking a contract "immediately" is allowed under GAAP rules, because it's essentially "credit terms" as opposed to executory performance issues. It was decided that cash-basis accounting would reduce our work load and simplify future reporting and auditing requirements.

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