BLOG: HHSE Completes Financing Structure for $12-m
Post# of 7290
Wednesday, December 15, 2021
http://hannoverhousemovies.blogspot.com/2021/...e-for.html
Fayetteville, AR - Hannover House, Inc. C.E.O. Eric Parkinson announced today the completion of a financial structure that has been utilized to secure approximately $12-mm for the April 2022 production of "The Legend of Belle Starr." This historic and factually-based feature western tells the story of the notorious Bandit Queen of the Indian Territory, Maybelle Shirley Starr, aka "Belle Starr" and her outspoken opposition to the Oklahoma Land Rush of April 22,1889. Some historians - and the premise of this film - suggest that Belle Starr's opposition to the Oklahoma Land Rush was the catalyst for her unsolved, ambush murder in February of 1889.
Subject to the delivery of two major stars (that the company has already been negotiating to secure), a domestic presale to a major studio and an international presale to a top-tier international sales agency will contribute $7-million towards the production funds. State rebates and incentives from Oklahoma and a private investor fund are expected to deliver another $5-million to complete the funding of the feature. Hannover House, Inc. will serve as a primary production company for the film, and will receive a fee and overhead from the production budget, along with ongoing sales fees and participations from the distribution revenues in the film.
Principal roles for stars in the film include the lead of Belle Starr, as well as the role of Senator Henry Dawes and a featured cameo for a star in the role of Buffalo Bill Cody. Parkinson believes that the engagement of high profile stars in these principal roles will motivate additional stars to join the cast.
Photography is expected to launch on April 26, 2022 with eight or nine weeks in Oklahoma and two weeks at historic Old Cowtown in Wichita, Kansas. The Cowtown location is a large western town comprised of more than fifty 1880's era buildings on a forty-acre park, which has rarely been used in major feature films. Cowtown will double for old Fort Smith scenes as well as all courtroom scenes with Judge Isaac Parker.
"The production of this film is one of the key steps in the business model for Hannover House and MyFlix," said Parkinson. "This high profile film will be a locomotive not only for the the company's stature and credibility, but also in terms of cash flow for our operations. The company's 2022 business model is to pursue major feature productions such as 'Belle Starr' and to focus our distribution energy towards the MyFlix multi-studio streaming venture. Both media models are accesible and profitable for HHSE, and therefore merit our focus," he concluded.
In support of the private equity portion of funding for "The Legend of Belle Starr," an action sequence was shot last month to evidence the venture's proof of concept as well as to qualify the film for 2021 investment benefits. Scene 111 - The Ambush of Standing Bear - was shot in Cherokee County, Oklahoma and featured Native American actor Phoenix Ghost as Standing Bear, along with Mike Graham ("Killers of the Flower Moon" and Chuck Mere' ("Freedom's Path" as gunmen Perkins and Hart, the hired thugs of attorney Mark Epperson (who was implementing a plan to take control of thousands of acres of Indian Territory land). Historical consultation on the film's screenplay was provided by historian Jay Casey, based on the script written by Eric Parkinson.
Hannover House also believes that funding (approx. $20-mm) will be secured under a similar financial structure for the Sept. 2022 production of "Meltdown" - which the company describes as "Die Hard in a Nuclear Plant."
NOTE TO HHSE SHAREHOLDERS: The "Belle Starr" feature project is a key element to the company's "going concern" qualifications for the Form 10 Registration - which made the proof-of-concept sequence an important milestone to evidence to the S.E.C. and opining attorneys the viability of the project to generate operating funds for HHSE during the first 6-months of 2022.