Here's some good DD. Some may be redundant but it'
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(Total Views: 780)
Posted On: 07/18/2018 7:01:14 PM
Here's some good DD. Some may be redundant but it's a good start to see where HHSE is headed. Getting excited for uplist and Myflix announcements!
The Accum/Dist technical-indicator is a visual representation of the Accumulation (Buying, "holding"
, of a stock versus the Distribution (Selling, "releasing" of stock back into the market.
Anyone can see HHSE has been accumulated with an uptrend (up-sloping trend-line) over a WIDE RANGE of prices (that's important), across the ENTIRE 6yr+ history of the chart. What makes the ACCUMULATION over a price range important is that IT SHOWS HHSE having been BOUGHT at HIGHER PRICES TOO,... & the trend REMAINS to ACCUMULATE (BUY & HOLD) rather than distribute (Sell & liquidate).
NO DILUTION ... The Transfer Agent on HHSE is listed below. "Ungagged" means HHSE's T.A. has been INSTRUCTED by the COMPANY (HHSE) to give their share structure out; to whoever asks for it. For self-verification:
Standard Registrar and Transfer Co., Inc.
Transfer Agent
440 East 400 South
Suite 200
Salt Lake City, UT 84111
801-571-8844
This extremely low P/E rate for Hannover House shares relative to the other publicly traded companies operating in the same business sector, suggests that the shares are currently trading at a price that is undervalued by a factor of approximately 6-times when compared to the industry average.
A frivolous lawsuit is any lawsuit that is filed with the intention of harassing, annoying, or disturbing the opposite party. It may also be defined as any lawsuit in which the plaintiff knows that there is little or no chance of the lawsuit succeeding if pursued in court.
EXCELLENT UPDATE FOR SHAREHOLDERS $$$$$
Greetings HHSE Friends & Followers - Management has been very focused on the build-up and launch of Myflix, plus post-Cannes follow-ups, ongoing theatrical releas activities and the build up of an impressive Q3 and Q4 video release slate through SONY and CINEDIGM (which will transform our physical distribution structure and revenues). However, there are corporate and legal housekeeping issues of concern or interest to Shareholders. Accordingly, we are drafting a rather voluminous BLOG to address a variety of issues that Shareholders have presented. Specifically:
1). Status of Q1 filings - we have elected to proceed and file the Q1's despite our frustrating inability to receive a detailed ledger from the IRS of funds received against our prior garnishments (which information - or lack of - directly impact the accuracy of our balance sheet listing of Accounts Receivable). We have received verification from the IRS that our principal balance of taxes are fully paid - but not a ledger of the starting balance amount and which payments from HHSE and customers were applied to wipe out this principal balance. Accordingly, the Q1 filing will have this item addressed on a balance sheet footnote. HHSE is seeking to obtain IRS verification of three payments not currently showing in their system as credits for HHSE, specifically, one Netflix payment, one cashier's check paid in 2015 and an overpayment in 2015 - collectively totaling approximately $82,000 - which would put HHSE well into the "over-payment" category.
2). Resolution of Nuisance Legal Matters - HHSE has already prevailed in one nuisance producer lawsuit, and is now facing three nearly identical claims which we feel are basic math matters. We believe that our filings in the next few days will move to oppose or otherwise dismiss inaccurate claims in the UPTONE matter ("Union Bound" , the ORIGIN FILMS matter ("Brian Jaynes films" from 2012) and the Crimson Forest matter (for which HHSE has not yet been served, but we plan to file a response based on the court filing on line - NOTE: HHSE has just been informed that a process server left a copy of the lawsuit with an office temp while the principals were out of the country at the Cannes Festival - which action does NOT constitute proper, legal service!). The Producer statements issued by HHSE to our various suppliers lists the Gross Shipments, actual net unit sales revenues, less HHSE distribution fee, less HHSE costs, with the remaining balances going to the producer/licensor. A prior case (AMITYVILLE) attempted to circumvent the structure of the agreements and ignore these contractually agreed costs and product returns. HHSE ultimately prevailed in that case. We feel the same contract structure and math will apply to these other current matters - and that these nuisance lawsuits from small titles will no longer be an issue in the future under the new HHSE plan (which concentrates on higher-profile, better selling titles, as well as digital streaming over physical video units as the preferred revenue model). With our proper and timely responsive filings, none of the current legal matters poses a material threat to the business operations of HHSE or will impede our Registration filing. It should be noted that once HHSE is fully registered and fully reporting, that the company will be required to make more frequent and detailed disclosure filings for future legal matters if they meet the qualification of having a material impact to the business. At present, as an OTC Pinksheets equity, all disclosures are fully voluntary or to the standards as required by the OTC Markets listing service.
3). Status of Form 10-Registration - With Q1 accounts receivable balance to be filed under a footnote as described above, we can complete the audit document package for the PCAOB auditors and submit to them on Monday. We do not see the auditor as requiring a lengthy process due to the organization of the materials to be submitted.
4). Prognostications? - The elimination of nuisance lawsuits, the elimination of significant balance sheet debts, and the filing of a registration statement should have a positive impact on the company's credibility, profile and investor confidence. Add to this mix the launch of what could be the #2 streaming site in North America (in terms of total quantities of programming available), the Myflix venture could be the rocket that propels HHSE to far greater heights than the old model of film distribution even anticipated. Clearly, the old-model of distributing low-budget films to video is no longer a solid basis for HHSE or any distributor. Retailers are still willing to put up 25,000 copies of micro-budget films onto their shelves... but with multiple other delivery means and entertainment options, consumers are no longer supporting the purchase of such secondary home video releases (and a majority of shipped units end up as "returns" . The solution? Only handle higher profile theatrical titles... move physical distribution to outside wholesale partners... and concentrate on the low-cost, high-margin delivery medium accessible through the Myflix streaming venture... a three-pronged strategy for success!
MORE TO FOLLOW>>>
DD on HHSE must include remembering this common tool ...
Quote:
Fear, uncertainty and doubt (often shortened to FUD) is a manifestation of the appeal to fear.
Another common trick utilized ...
Quote:
A frivolous lawsuit is any lawsuit that is filed with the intention of harassing, annoying, or disturbing the opposite party. It may also be defined as any lawsuit in which the plaintiff knows that there is little or no chance of the lawsuit succeeding if pursued in court.
“Now, with distribution channels firmly in place, the HHSE corporate status no longer uncertain, and significant new theatrical titles in the upcoming pipeline, HHSE / Medallion are finally empowered to begin harvesting the significant revenue streams to be enjoyed from the release of these titles via physical, digital, television and international markets.”
EXCELLENT UPDATE FOR SHAREHOLDERS $$$$$
Greetings HHSE Friends & Followers - Management has been very focused on the build-up and launch of Myflix, plus post-Cannes follow-ups, ongoing theatrical releas activities and the build up of an impressive Q3 and Q4 video release slate through SONY and CINEDIGM (which will transform our physical distribution structure and revenues). However, there are corporate and legal housekeeping issues of concern or interest to Shareholders. Accordingly, we are drafting a rather voluminous BLOG to address a variety of issues that Shareholders have presented. Specifically:
1). Status of Q1 filings - we have elected to proceed and file the Q1's. We have received verification from the IRS that our principal balance of taxes are fully paid. HHSE is seeking to obtain IRS verification of three payments not currently showing in their system as credits for HHSE, specifically, one Netflix payment, one cashier's check paid in 2015 and an overpayment in 2015 - collectively totaling approximately $82,000 - which would put HHSE well into the "over-payment" category.
2). Resolution of Nuisance Legal Matters - HHSE has already prevailed in one nuisance producer lawsuit, and is now facing three nearly identical claims which we feel are basic math matters. We believe that our filings in the next few days will move to oppose or otherwise dismiss inaccurate claims in the UPTONE matter ("Union Bound" , the ORIGIN FILMS matter ("Brian Jaynes films" from 2012) and the Crimson Forest matter (for which HHSE has not yet been served, but we plan to file a response based on the court filing on line - NOTE: HHSE has just been informed that a process server left a copy of the lawsuit with an office temp while the principals were out of the country at the Cannes Festival - which action does NOT constitute proper, legal service!). The Producer statements issued by HHSE to our various suppliers lists the Gross Shipments, actual net unit sales revenues, less HHSE distribution fee, less HHSE costs, with the remaining balances going to the producer/licensor. A prior case (AMITYVILLE) attempted to circumvent the structure of the agreements and ignore these contractually agreed costs and product returns. HHSE ultimately prevailed in that case. We feel the same contract structure and math will apply to these other current matters - and that these nuisance lawsuits from small titles will no longer be an issue in the future under the new HHSE plan (which concentrates on higher-profile, better selling titles, as well as digital streaming over physical video units as the preferred revenue model). With our proper and timely responsive filings, none of the current legal matters poses a material threat to the business operations of HHSE or will impede our Registration filing. It should be noted that once HHSE is fully registered and fully reporting, that the company will be required to make more frequent and detailed disclosure filings for future legal matters if they meet the qualification of having a material impact to the business. At present, as an OTC Pinksheets equity, all disclosures are fully voluntary or to the standards as required by the OTC Markets listing service.
3). Status of Form 10-Registration - With Q1 accounts receivable balance to be filed under a footnote as described above, we can complete the audit document package for the PCAOB auditors and submit to them on Monday. We do not see the auditor as requiring a lengthy process due to the organization of the materials to be submitted.
4). Prognostications? - The elimination of nuisance lawsuits, the elimination of significant balance sheet debts, and the filing of a registration statement should have a positive impact on the company's credibility, profile and investor confidence. Add to this mix the launch of what could be the #2 streaming site in North America (in terms of total quantities of programming available), the Myflix venture could be the rocket that propels HHSE to far greater heights than the old model of film distribution even anticipated. Clearly, the old-model of distributing low-budget films to video is no longer a solid basis for HHSE or any distributor. Retailers are still willing to put up 25,000 copies of micro-budget films onto their shelves... but with multiple other delivery means and entertainment options, consumers are no longer supporting the purchase of such secondary home video releases (and a majority of shipped units end up as "returns" . The solution? Only handle higher profile theatrical titles... move physical distribution to outside wholesale partners... and concentrate on the low-cost, high-margin delivery medium accessible through the Myflix streaming venture... a three-pronged strategy for success!
MORE TO FOLLOW>>>
The elimination of nuisance lawsuits, the elimination of significant balance sheet debts, and the filing of a registration statement should have a positive impact on the company's credibility, profile and investor confidence. Add to this mix the launch of what could be the #2 streaming site in North America (in terms of total quantities of programming available), the Myflix venture could be the rocket that propels HHSE to far greater heights than the old model of film distribution even anticipated. Only handle higher profile theatrical titles... move physical distribution to outside wholesale partners... and concentrate on the low-cost, high-margin delivery medium accessible through the Myflix streaming venture... a three-pronged strategy for success!
Quote:
Friday, June 15 - HHSE Blog Report
Greetings HHSE Friends & Followers - Most of the "post-Cannes" follow-up work has been completed (sales, new acquisitions and Myflix launch partners); accordingly, it's a good time for us to highlight SOME of the release items set for the upcoming month. Not listed below are the NEW titles recently acquired (Cannes and Post-Cannes) - including two Q4 theatrical titles. However, as some of these titles have been long-delayed from home video release, we wanted to provide the update as to the imminent status for these items.
There is still a reasonably robust "physical" market (DVD and BluRay) for the right products (and usually for theatrical-caliber titles). Revenues from Video-On-Demand streaming (including transactional, subscription and electronic sell-thru) are beginning to surpass physical DVD and BluRay revenues. The release slate below for physical video dates & forecasts does not include V.O.D. revenues sources, television or international for these particular titles.
Customarily, some of these titles would have been released to home video quite some time ago, most notably: BONOBOS, SLEEPER CELL, RIDE UNITED, AMERICA UNITED and DINOSAURS OF THE JURASSIC. Due first to the move over from Anderson / Alchemy to Cinedigm as principal two-step wholesaler... then the protracted, "slow-dance" of a proposed merger with Crimson Forest, both of which contributed to strategic delays in these home video releases. Now, with distribution channels firmly in place, the HHSE corporate status no longer uncertain, and significant new theatrical titles in the upcoming pipeline, HHSE / Medallion are finally empowered to begin harvesting the significant revenue streams to be enjoyed from the release of these titles via physical, digital, television and international markets.
MORE TO FOLLOW...
The Accum/Dist technical-indicator is a visual representation of the Accumulation (Buying, "holding" , of a stock versus the Distribution (Selling, "releasing" of stock back into the market.
Anyone can see HHSE has been accumulated with an uptrend (up-sloping trend-line) over a WIDE RANGE of prices (that's important), across the ENTIRE 6yr+ history of the chart. What makes the ACCUMULATION over a price range important is that IT SHOWS HHSE having been BOUGHT at HIGHER PRICES TOO,... & the trend REMAINS to ACCUMULATE (BUY & HOLD) rather than distribute (Sell & liquidate).
The Transfer Agent on HHSE is listed below.
"Ungagged" means HHSE's T.A. has been
INSTRUCTED by the COMPANY (HHSE) to give
their share structure out; to whoever asks for it.
NO DILUTION
For self-verification:
Standard Registrar and Transfer Co., Inc.
Transfer Agent
440 East 400 South
Suite 200
Salt Lake City, UT 84111
801-571-8844
$HHSE Revolutionary Digital Streaming Site, MyFlix, Warmly Embraced by World Media Partners at Cannes Market
www.myflix.com
http://www.digitaljournal.com/pr/3772172
https://www.otcmarkets.com/stock/HHSE/news/Re...?id=192235
"Private investment capital for the creation and launch of Myflix has been secured under a structure in which Hannover House will manage the venture and earn a significant upside."
Funding secured and Amazon as the host and suppliers lined up.
https://www.facebook.com/hannoverhouse?ref=br_rs ;
Initial Target Annualized Gross Revenues $10,200,000
http://hannoverhousemovies.blogspot.com/2017/...erful.html ;
CANNES, FRANCE / ACCESSWIRE / May 14, 2018 /
http://www.wave3.com/story/38181707/revolutio...nes-market
https://finance.yahoo.com/news/revolutionary-...00878.html
THE TOP THREE HHSE ACTIVITIES OCCURRING NOW:
1). post - CANNES Activities - including myflix.com information and general sales and licensing activities;
2). AUDIT / FORM 10 Activities
3). DISTRIBUTION UPDATES - from films currently playing in theatres - to home video activities (including those with new distribution partners).
CANNES, FRANCE__ACCESSWIRE__May 14, 2018__After four years of development under the project name of VODWIZ, independent studio Hannover House, Inc. (OTC PINK: HHSE) has announced the formal branding and launch of a multifaceted digital streaming platform, website and OTT channel. The venture, announced today at the Cannes Film Festival, will be branded as MyFlix, and will feature literally thousands of feature films and episodic television programs from more than twenty major suppliers.
https://www.otcmarkets.com/stock/HHSE/news/Re...?id=192235
https://myflix.com
https://hannoverhouse.com
http://hannoverhousemovies.blogspot.com
https://www.accesswire.com/498027/First-Look-...-Screening
https://www.nasdaq.com/press-release/first-lo...0430-01212
“The Riot Act”
https://www.imdb.com/title/tt6702308/fullcred...t_ov_st_sm
https://www.facebook.com/theriotactmovie/vide...511205184/
ACCESSWIRE February 23, 2018 Arkansas-based production companies Mad Possum Pictures and Riot Act Productions, LLC have completed principal photography on the epic western-thriller, The Riot Act, shot during October and November in Northwest Arkansas. The period thriller is set in Van Buren, Arkansas during 1901-1903, and was inspired by real-life events that occurred in and around the historic Opera House. Writer-Director Devon Parks and Producer-Star Lauren Sweetser (''Winter's Bone'', ''Pali Road'') are joined by an impressive cast including Brett Cullen (''Ghost Rider'', ''Dark Knight Rises''), Connor Price (''X-Company'', ''Being Human'') and Micah Hauptman (''Everest'', ''Homeland''). Indie-distributor Hannover House (OTC PINK: HHSE) will handle the worldwide distribution of the film, commencing with a summer, USA Theatrical launch.
https://hannoverhouse.com/press-releases
MYFLIX UPDATE - We are working on a variety of pre-launch activities for Myflix, including website development, mastering and uploading of titles, long-lead P.R. campaigns, launch ads and videos and strategic positioning and goals. However, for competitive reasons, we cannot publicly disclose more than just these broad strokes at this time. The total inventory of available content from our current suppliers is over 10,000 programs (feature films and or television episodics). About 800 of the initial 2,500 titles set for our July 27 launch date are already properly formatted / mastered for streaming access. .
Quote:
Monday, June 25, 2018 - The Summer is Sizzlin'
Greetings HHSE Friends & Followers - It's been said that if you don't actually ever sleep... that life is like one incredibly long day. Maybe that explains the 10-day lapse in HHSE Blog postings? Or the long summer days thick with heat and humidity?
For those of you who have not yet been involved with a "start-up" business like MYFLIX, long, sleepless days and nights are the norm, not the exception. This digital platform venture will have thousands of films and hours of TV episodic programming... so it's not dissimilar to launching 100 cable channels simultaneously in terms of product diversity and offerings.
That said, some HHSE longs are still awaiting news of core activities and operations. In this respect, we have been asked to comment on the status of the HHSE audit package for presentation to the PCAOB auditors. While this is not our first audit... it is definitely the most thorough and specific examination the myriad of investments, deals and financial activities comprising the operations of HHSE. Our goal with the audit prep project has been to anticipate issues that could arise with the auditors as well as with the S.E.C. in the review of our Form 10 registration filing. We are comfortable and confident with our back-up and methodologies; accordingly, we are optimistic that our audit process can now proceed with minimal comments and delay.
The audit package is being presented Thursday morning; we are anticipating a process of about four weeks before the audited financials can be dropped into the otherwise completed Form 10 registration filing. An outside service has been engaged to format the audited financials into the XBRL formatting, and to submit to the S.E.C. Edgar department. This should put the Form 10 filing date at or near August 1st, approximately the same time that consumer promotions for the MYFLIX launch will be at a frenzied peak. We think the coordination of these two material events for HHSE could be a one-two punch to knock the stock into significant attention.
Will Myflix be the tail that wagged the dog? Will Myflix become a top destination portal for digital streaming... and a widely recognized consumer brand name? Will the HHSE core business of indie film distribution grow significantly as the Myflix launch results in a rising tide of revenues, profits and visibility?
Watch this space…
1.) FORM 10 REGISTRATION
2.) MAJOR INSTITUTIONAL INVESTORS / FUNDS
3.) ELIMINATION OF BALANCE SHEET DEBTS
4.) ELIMINATION OF NUISANCE LEGAL MATTERS
5.) WIDESPREAD SUPPLIER SUPPORT FOR MYFLIX
6.) TIMING IS IMMINENT:
a). Registration will occur
b). Myflix will be launched
c). New "whale" investor funds will begin accumulating shares
d). The new key-titles distribution pact through SONY and ongoing title releases through CINEDIGM will begin to monetize
e). The IRS Tax issue - the principal for which is now fully paid - will result in a formal "release of levy" filing
f). Production funding for two "event" level films will be finalized
g). HHSE's general credibility and financial position will dramatically increase.
$HHSE - The Accum/Dist technical-indicator is a visual representation of the Accumulation (Buying, "holding" , of a stock versus the Distribution (Selling, "releasing" of stock back into the market.
Anyone can see HHSE has been accumulated with an uptrend (up-sloping trend-line) over a WIDE RANGE of prices (that's important), across the ENTIRE 6yr+ history of the chart. What makes the ACCUMULATION over a price range important is that IT SHOWS HHSE having been BOUGHT at HIGHER PRICES TOO,... & the trend REMAINS to ACCUMULATE (BUY & HOLD) rather than distribute (Sell & liquidate).
3. The Transfer Agent on HHSE is listed below. "Ungagged" means HHSE's T.A. has been INSTRUCTED by the COMPANY (HHSE) to give their share structure out; to whoever asks for it. For self-verification:
Quote:
Standard Registrar and Transfer Co., Inc.
Transfer Agent
440 East 400 South
Suite 200
Salt Lake City, UT 84111
801-571-8844
www.hannoverhouse.com
$HHSE Revolutionary Digital Streaming Site,
MyFlix, Warmly Embraced by World Media Partners
at Cannes Market
www.myflix.com
http://www.digitaljournal.com/pr/3772172
https://www.otcmarkets.com/stock/HHSE/news/Re...?id=192235
"Private investment capital for the creation and launch of Myflix has been secured under a structure in which Hannover House will manage the venture and earn a significant upside."
Funding secured and Amazon as the host and suppliers lined up.
https://www.facebook.com/hannoverhouse?ref=br_rs ;
Initial Target Annualized Gross Revenues $10,200,000
http://hannoverhousemovies.blogspot.com/2017/...erful.html ;
The Accum/Dist technical-indicator is a visual representation of the Accumulation (Buying, "holding"
, of a stock versus the Distribution (Selling, "releasing" of stock back into the market. Anyone can see HHSE has been accumulated with an uptrend (up-sloping trend-line) over a WIDE RANGE of prices (that's important), across the ENTIRE 6yr+ history of the chart. What makes the ACCUMULATION over a price range important is that IT SHOWS HHSE having been BOUGHT at HIGHER PRICES TOO,... & the trend REMAINS to ACCUMULATE (BUY & HOLD) rather than distribute (Sell & liquidate).
NO DILUTION ... The Transfer Agent on HHSE is listed below. "Ungagged" means HHSE's T.A. has been INSTRUCTED by the COMPANY (HHSE) to give their share structure out; to whoever asks for it. For self-verification:
Standard Registrar and Transfer Co., Inc.
Transfer Agent
440 East 400 South
Suite 200
Salt Lake City, UT 84111
801-571-8844
This extremely low P/E rate for Hannover House shares relative to the other publicly traded companies operating in the same business sector, suggests that the shares are currently trading at a price that is undervalued by a factor of approximately 6-times when compared to the industry average.
A frivolous lawsuit is any lawsuit that is filed with the intention of harassing, annoying, or disturbing the opposite party. It may also be defined as any lawsuit in which the plaintiff knows that there is little or no chance of the lawsuit succeeding if pursued in court.
EXCELLENT UPDATE FOR SHAREHOLDERS $$$$$
Greetings HHSE Friends & Followers - Management has been very focused on the build-up and launch of Myflix, plus post-Cannes follow-ups, ongoing theatrical releas activities and the build up of an impressive Q3 and Q4 video release slate through SONY and CINEDIGM (which will transform our physical distribution structure and revenues). However, there are corporate and legal housekeeping issues of concern or interest to Shareholders. Accordingly, we are drafting a rather voluminous BLOG to address a variety of issues that Shareholders have presented. Specifically:
1). Status of Q1 filings - we have elected to proceed and file the Q1's despite our frustrating inability to receive a detailed ledger from the IRS of funds received against our prior garnishments (which information - or lack of - directly impact the accuracy of our balance sheet listing of Accounts Receivable). We have received verification from the IRS that our principal balance of taxes are fully paid - but not a ledger of the starting balance amount and which payments from HHSE and customers were applied to wipe out this principal balance. Accordingly, the Q1 filing will have this item addressed on a balance sheet footnote. HHSE is seeking to obtain IRS verification of three payments not currently showing in their system as credits for HHSE, specifically, one Netflix payment, one cashier's check paid in 2015 and an overpayment in 2015 - collectively totaling approximately $82,000 - which would put HHSE well into the "over-payment" category.
2). Resolution of Nuisance Legal Matters - HHSE has already prevailed in one nuisance producer lawsuit, and is now facing three nearly identical claims which we feel are basic math matters. We believe that our filings in the next few days will move to oppose or otherwise dismiss inaccurate claims in the UPTONE matter ("Union Bound"
, the ORIGIN FILMS matter ("Brian Jaynes films" from 2012) and the Crimson Forest matter (for which HHSE has not yet been served, but we plan to file a response based on the court filing on line - NOTE: HHSE has just been informed that a process server left a copy of the lawsuit with an office temp while the principals were out of the country at the Cannes Festival - which action does NOT constitute proper, legal service!). The Producer statements issued by HHSE to our various suppliers lists the Gross Shipments, actual net unit sales revenues, less HHSE distribution fee, less HHSE costs, with the remaining balances going to the producer/licensor. A prior case (AMITYVILLE) attempted to circumvent the structure of the agreements and ignore these contractually agreed costs and product returns. HHSE ultimately prevailed in that case. We feel the same contract structure and math will apply to these other current matters - and that these nuisance lawsuits from small titles will no longer be an issue in the future under the new HHSE plan (which concentrates on higher-profile, better selling titles, as well as digital streaming over physical video units as the preferred revenue model). With our proper and timely responsive filings, none of the current legal matters poses a material threat to the business operations of HHSE or will impede our Registration filing. It should be noted that once HHSE is fully registered and fully reporting, that the company will be required to make more frequent and detailed disclosure filings for future legal matters if they meet the qualification of having a material impact to the business. At present, as an OTC Pinksheets equity, all disclosures are fully voluntary or to the standards as required by the OTC Markets listing service. 3). Status of Form 10-Registration - With Q1 accounts receivable balance to be filed under a footnote as described above, we can complete the audit document package for the PCAOB auditors and submit to them on Monday. We do not see the auditor as requiring a lengthy process due to the organization of the materials to be submitted.
4). Prognostications? - The elimination of nuisance lawsuits, the elimination of significant balance sheet debts, and the filing of a registration statement should have a positive impact on the company's credibility, profile and investor confidence. Add to this mix the launch of what could be the #2 streaming site in North America (in terms of total quantities of programming available), the Myflix venture could be the rocket that propels HHSE to far greater heights than the old model of film distribution even anticipated. Clearly, the old-model of distributing low-budget films to video is no longer a solid basis for HHSE or any distributor. Retailers are still willing to put up 25,000 copies of micro-budget films onto their shelves... but with multiple other delivery means and entertainment options, consumers are no longer supporting the purchase of such secondary home video releases (and a majority of shipped units end up as "returns"
. The solution? Only handle higher profile theatrical titles... move physical distribution to outside wholesale partners... and concentrate on the low-cost, high-margin delivery medium accessible through the Myflix streaming venture... a three-pronged strategy for success! MORE TO FOLLOW>>>
DD on HHSE must include remembering this common tool ...
Quote:
Fear, uncertainty and doubt (often shortened to FUD) is a manifestation of the appeal to fear.
Another common trick utilized ...
Quote:
A frivolous lawsuit is any lawsuit that is filed with the intention of harassing, annoying, or disturbing the opposite party. It may also be defined as any lawsuit in which the plaintiff knows that there is little or no chance of the lawsuit succeeding if pursued in court.
“Now, with distribution channels firmly in place, the HHSE corporate status no longer uncertain, and significant new theatrical titles in the upcoming pipeline, HHSE / Medallion are finally empowered to begin harvesting the significant revenue streams to be enjoyed from the release of these titles via physical, digital, television and international markets.”
EXCELLENT UPDATE FOR SHAREHOLDERS $$$$$
Greetings HHSE Friends & Followers - Management has been very focused on the build-up and launch of Myflix, plus post-Cannes follow-ups, ongoing theatrical releas activities and the build up of an impressive Q3 and Q4 video release slate through SONY and CINEDIGM (which will transform our physical distribution structure and revenues). However, there are corporate and legal housekeeping issues of concern or interest to Shareholders. Accordingly, we are drafting a rather voluminous BLOG to address a variety of issues that Shareholders have presented. Specifically:
1). Status of Q1 filings - we have elected to proceed and file the Q1's. We have received verification from the IRS that our principal balance of taxes are fully paid. HHSE is seeking to obtain IRS verification of three payments not currently showing in their system as credits for HHSE, specifically, one Netflix payment, one cashier's check paid in 2015 and an overpayment in 2015 - collectively totaling approximately $82,000 - which would put HHSE well into the "over-payment" category.
2). Resolution of Nuisance Legal Matters - HHSE has already prevailed in one nuisance producer lawsuit, and is now facing three nearly identical claims which we feel are basic math matters. We believe that our filings in the next few days will move to oppose or otherwise dismiss inaccurate claims in the UPTONE matter ("Union Bound"
, the ORIGIN FILMS matter ("Brian Jaynes films" from 2012) and the Crimson Forest matter (for which HHSE has not yet been served, but we plan to file a response based on the court filing on line - NOTE: HHSE has just been informed that a process server left a copy of the lawsuit with an office temp while the principals were out of the country at the Cannes Festival - which action does NOT constitute proper, legal service!). The Producer statements issued by HHSE to our various suppliers lists the Gross Shipments, actual net unit sales revenues, less HHSE distribution fee, less HHSE costs, with the remaining balances going to the producer/licensor. A prior case (AMITYVILLE) attempted to circumvent the structure of the agreements and ignore these contractually agreed costs and product returns. HHSE ultimately prevailed in that case. We feel the same contract structure and math will apply to these other current matters - and that these nuisance lawsuits from small titles will no longer be an issue in the future under the new HHSE plan (which concentrates on higher-profile, better selling titles, as well as digital streaming over physical video units as the preferred revenue model). With our proper and timely responsive filings, none of the current legal matters poses a material threat to the business operations of HHSE or will impede our Registration filing. It should be noted that once HHSE is fully registered and fully reporting, that the company will be required to make more frequent and detailed disclosure filings for future legal matters if they meet the qualification of having a material impact to the business. At present, as an OTC Pinksheets equity, all disclosures are fully voluntary or to the standards as required by the OTC Markets listing service. 3). Status of Form 10-Registration - With Q1 accounts receivable balance to be filed under a footnote as described above, we can complete the audit document package for the PCAOB auditors and submit to them on Monday. We do not see the auditor as requiring a lengthy process due to the organization of the materials to be submitted.
4). Prognostications? - The elimination of nuisance lawsuits, the elimination of significant balance sheet debts, and the filing of a registration statement should have a positive impact on the company's credibility, profile and investor confidence. Add to this mix the launch of what could be the #2 streaming site in North America (in terms of total quantities of programming available), the Myflix venture could be the rocket that propels HHSE to far greater heights than the old model of film distribution even anticipated. Clearly, the old-model of distributing low-budget films to video is no longer a solid basis for HHSE or any distributor. Retailers are still willing to put up 25,000 copies of micro-budget films onto their shelves... but with multiple other delivery means and entertainment options, consumers are no longer supporting the purchase of such secondary home video releases (and a majority of shipped units end up as "returns"
. The solution? Only handle higher profile theatrical titles... move physical distribution to outside wholesale partners... and concentrate on the low-cost, high-margin delivery medium accessible through the Myflix streaming venture... a three-pronged strategy for success! MORE TO FOLLOW>>>
The elimination of nuisance lawsuits, the elimination of significant balance sheet debts, and the filing of a registration statement should have a positive impact on the company's credibility, profile and investor confidence. Add to this mix the launch of what could be the #2 streaming site in North America (in terms of total quantities of programming available), the Myflix venture could be the rocket that propels HHSE to far greater heights than the old model of film distribution even anticipated. Only handle higher profile theatrical titles... move physical distribution to outside wholesale partners... and concentrate on the low-cost, high-margin delivery medium accessible through the Myflix streaming venture... a three-pronged strategy for success!
Quote:
Friday, June 15 - HHSE Blog Report
Greetings HHSE Friends & Followers - Most of the "post-Cannes" follow-up work has been completed (sales, new acquisitions and Myflix launch partners); accordingly, it's a good time for us to highlight SOME of the release items set for the upcoming month. Not listed below are the NEW titles recently acquired (Cannes and Post-Cannes) - including two Q4 theatrical titles. However, as some of these titles have been long-delayed from home video release, we wanted to provide the update as to the imminent status for these items.
There is still a reasonably robust "physical" market (DVD and BluRay) for the right products (and usually for theatrical-caliber titles). Revenues from Video-On-Demand streaming (including transactional, subscription and electronic sell-thru) are beginning to surpass physical DVD and BluRay revenues. The release slate below for physical video dates & forecasts does not include V.O.D. revenues sources, television or international for these particular titles.
Customarily, some of these titles would have been released to home video quite some time ago, most notably: BONOBOS, SLEEPER CELL, RIDE UNITED, AMERICA UNITED and DINOSAURS OF THE JURASSIC. Due first to the move over from Anderson / Alchemy to Cinedigm as principal two-step wholesaler... then the protracted, "slow-dance" of a proposed merger with Crimson Forest, both of which contributed to strategic delays in these home video releases. Now, with distribution channels firmly in place, the HHSE corporate status no longer uncertain, and significant new theatrical titles in the upcoming pipeline, HHSE / Medallion are finally empowered to begin harvesting the significant revenue streams to be enjoyed from the release of these titles via physical, digital, television and international markets.
MORE TO FOLLOW...
The Accum/Dist technical-indicator is a visual representation of the Accumulation (Buying, "holding"
, of a stock versus the Distribution (Selling, "releasing" of stock back into the market. Anyone can see HHSE has been accumulated with an uptrend (up-sloping trend-line) over a WIDE RANGE of prices (that's important), across the ENTIRE 6yr+ history of the chart. What makes the ACCUMULATION over a price range important is that IT SHOWS HHSE having been BOUGHT at HIGHER PRICES TOO,... & the trend REMAINS to ACCUMULATE (BUY & HOLD) rather than distribute (Sell & liquidate).
The Transfer Agent on HHSE is listed below.
"Ungagged" means HHSE's T.A. has been
INSTRUCTED by the COMPANY (HHSE) to give
their share structure out; to whoever asks for it.
NO DILUTION
For self-verification:
Standard Registrar and Transfer Co., Inc.
Transfer Agent
440 East 400 South
Suite 200
Salt Lake City, UT 84111
801-571-8844
$HHSE Revolutionary Digital Streaming Site, MyFlix, Warmly Embraced by World Media Partners at Cannes Market
www.myflix.com
http://www.digitaljournal.com/pr/3772172
https://www.otcmarkets.com/stock/HHSE/news/Re...?id=192235
"Private investment capital for the creation and launch of Myflix has been secured under a structure in which Hannover House will manage the venture and earn a significant upside."
Funding secured and Amazon as the host and suppliers lined up.
https://www.facebook.com/hannoverhouse?ref=br_rs ;
Initial Target Annualized Gross Revenues $10,200,000
http://hannoverhousemovies.blogspot.com/2017/...erful.html ;
CANNES, FRANCE / ACCESSWIRE / May 14, 2018 /
http://www.wave3.com/story/38181707/revolutio...nes-market
https://finance.yahoo.com/news/revolutionary-...00878.html
THE TOP THREE HHSE ACTIVITIES OCCURRING NOW:
1). post - CANNES Activities - including myflix.com information and general sales and licensing activities;
2). AUDIT / FORM 10 Activities
3). DISTRIBUTION UPDATES - from films currently playing in theatres - to home video activities (including those with new distribution partners).
CANNES, FRANCE__ACCESSWIRE__May 14, 2018__After four years of development under the project name of VODWIZ, independent studio Hannover House, Inc. (OTC PINK: HHSE) has announced the formal branding and launch of a multifaceted digital streaming platform, website and OTT channel. The venture, announced today at the Cannes Film Festival, will be branded as MyFlix, and will feature literally thousands of feature films and episodic television programs from more than twenty major suppliers.
https://www.otcmarkets.com/stock/HHSE/news/Re...?id=192235
https://myflix.com
https://hannoverhouse.com
http://hannoverhousemovies.blogspot.com
https://www.accesswire.com/498027/First-Look-...-Screening
https://www.nasdaq.com/press-release/first-lo...0430-01212
“The Riot Act”
https://www.imdb.com/title/tt6702308/fullcred...t_ov_st_sm
https://www.facebook.com/theriotactmovie/vide...511205184/
ACCESSWIRE February 23, 2018 Arkansas-based production companies Mad Possum Pictures and Riot Act Productions, LLC have completed principal photography on the epic western-thriller, The Riot Act, shot during October and November in Northwest Arkansas. The period thriller is set in Van Buren, Arkansas during 1901-1903, and was inspired by real-life events that occurred in and around the historic Opera House. Writer-Director Devon Parks and Producer-Star Lauren Sweetser (''Winter's Bone'', ''Pali Road'') are joined by an impressive cast including Brett Cullen (''Ghost Rider'', ''Dark Knight Rises''), Connor Price (''X-Company'', ''Being Human'') and Micah Hauptman (''Everest'', ''Homeland''). Indie-distributor Hannover House (OTC PINK: HHSE) will handle the worldwide distribution of the film, commencing with a summer, USA Theatrical launch.
https://hannoverhouse.com/press-releases
MYFLIX UPDATE - We are working on a variety of pre-launch activities for Myflix, including website development, mastering and uploading of titles, long-lead P.R. campaigns, launch ads and videos and strategic positioning and goals. However, for competitive reasons, we cannot publicly disclose more than just these broad strokes at this time. The total inventory of available content from our current suppliers is over 10,000 programs (feature films and or television episodics). About 800 of the initial 2,500 titles set for our July 27 launch date are already properly formatted / mastered for streaming access. .
Quote:
Monday, June 25, 2018 - The Summer is Sizzlin'
Greetings HHSE Friends & Followers - It's been said that if you don't actually ever sleep... that life is like one incredibly long day. Maybe that explains the 10-day lapse in HHSE Blog postings? Or the long summer days thick with heat and humidity?
For those of you who have not yet been involved with a "start-up" business like MYFLIX, long, sleepless days and nights are the norm, not the exception. This digital platform venture will have thousands of films and hours of TV episodic programming... so it's not dissimilar to launching 100 cable channels simultaneously in terms of product diversity and offerings.
That said, some HHSE longs are still awaiting news of core activities and operations. In this respect, we have been asked to comment on the status of the HHSE audit package for presentation to the PCAOB auditors. While this is not our first audit... it is definitely the most thorough and specific examination the myriad of investments, deals and financial activities comprising the operations of HHSE. Our goal with the audit prep project has been to anticipate issues that could arise with the auditors as well as with the S.E.C. in the review of our Form 10 registration filing. We are comfortable and confident with our back-up and methodologies; accordingly, we are optimistic that our audit process can now proceed with minimal comments and delay.
The audit package is being presented Thursday morning; we are anticipating a process of about four weeks before the audited financials can be dropped into the otherwise completed Form 10 registration filing. An outside service has been engaged to format the audited financials into the XBRL formatting, and to submit to the S.E.C. Edgar department. This should put the Form 10 filing date at or near August 1st, approximately the same time that consumer promotions for the MYFLIX launch will be at a frenzied peak. We think the coordination of these two material events for HHSE could be a one-two punch to knock the stock into significant attention.
Will Myflix be the tail that wagged the dog? Will Myflix become a top destination portal for digital streaming... and a widely recognized consumer brand name? Will the HHSE core business of indie film distribution grow significantly as the Myflix launch results in a rising tide of revenues, profits and visibility?
Watch this space…
1.) FORM 10 REGISTRATION
2.) MAJOR INSTITUTIONAL INVESTORS / FUNDS
3.) ELIMINATION OF BALANCE SHEET DEBTS
4.) ELIMINATION OF NUISANCE LEGAL MATTERS
5.) WIDESPREAD SUPPLIER SUPPORT FOR MYFLIX
6.) TIMING IS IMMINENT:
a). Registration will occur
b). Myflix will be launched
c). New "whale" investor funds will begin accumulating shares
d). The new key-titles distribution pact through SONY and ongoing title releases through CINEDIGM will begin to monetize
e). The IRS Tax issue - the principal for which is now fully paid - will result in a formal "release of levy" filing
f). Production funding for two "event" level films will be finalized
g). HHSE's general credibility and financial position will dramatically increase.
$HHSE - The Accum/Dist technical-indicator is a visual representation of the Accumulation (Buying, "holding"
, of a stock versus the Distribution (Selling, "releasing" of stock back into the market. Anyone can see HHSE has been accumulated with an uptrend (up-sloping trend-line) over a WIDE RANGE of prices (that's important), across the ENTIRE 6yr+ history of the chart. What makes the ACCUMULATION over a price range important is that IT SHOWS HHSE having been BOUGHT at HIGHER PRICES TOO,... & the trend REMAINS to ACCUMULATE (BUY & HOLD) rather than distribute (Sell & liquidate).
3. The Transfer Agent on HHSE is listed below. "Ungagged" means HHSE's T.A. has been INSTRUCTED by the COMPANY (HHSE) to give their share structure out; to whoever asks for it. For self-verification:
Quote:
Standard Registrar and Transfer Co., Inc.
Transfer Agent
440 East 400 South
Suite 200
Salt Lake City, UT 84111
801-571-8844
www.hannoverhouse.com
$HHSE Revolutionary Digital Streaming Site,
MyFlix, Warmly Embraced by World Media Partners
at Cannes Market
www.myflix.com
http://www.digitaljournal.com/pr/3772172
https://www.otcmarkets.com/stock/HHSE/news/Re...?id=192235
"Private investment capital for the creation and launch of Myflix has been secured under a structure in which Hannover House will manage the venture and earn a significant upside."
Funding secured and Amazon as the host and suppliers lined up.
https://www.facebook.com/hannoverhouse?ref=br_rs ;
Initial Target Annualized Gross Revenues $10,200,000
http://hannoverhousemovies.blogspot.com/2017/...erful.html ;
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