HHSE NEWS: Hannover House Completes Updated Film L
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Posted On: 06/13/2022 9:23:59 AM
HHSE NEWS: Hannover House Completes Updated Film Library Valuation Report
Press Release | 06/10/2022
https://www.otcmarkets.com/stock/HHSE/news/Ha...?id=360819
As a key step towards the company's registration filing with the Securities and Exchange Commission, the Film and Television Library Valuation report for Hannover House, Inc. (OTC: HHSE) has been completed, the company reported today. The prior library valuation was completed in 2010 and did not meet the current market conditions requirements for accuracy under changing viewership and revenue models. The prior report showed DVD and Blu-Rays revenues as the lion's share of value, whereas the new report is heavily weighted towards Video-On-Demand and other direct-to-consumer delivery platforms.
Hannover House has stated its plan to file a Form 10-12(g) registration statement with the Securities and Exchange Commission in order to enhance the credibility and accessibility of the company's stock shares to a broader market of traders and funds. Prior issues of unresolved litigation, going concern and the library report, had posed obstacles to obtaining the proper auditor and securities counsel clearance opinions. Hannover House believes that all such issues have been sufficiently resolved to enable the company to complete this registration project.
For more informaiton, contact:
ERIC PARKINSON, C.E.O. / 818-481-5277 / Eric@HannoverHouse.com
Press Release | 06/10/2022
https://www.otcmarkets.com/stock/HHSE/news/Ha...?id=360819
As a key step towards the company's registration filing with the Securities and Exchange Commission, the Film and Television Library Valuation report for Hannover House, Inc. (OTC: HHSE) has been completed, the company reported today. The prior library valuation was completed in 2010 and did not meet the current market conditions requirements for accuracy under changing viewership and revenue models. The prior report showed DVD and Blu-Rays revenues as the lion's share of value, whereas the new report is heavily weighted towards Video-On-Demand and other direct-to-consumer delivery platforms.
Hannover House has stated its plan to file a Form 10-12(g) registration statement with the Securities and Exchange Commission in order to enhance the credibility and accessibility of the company's stock shares to a broader market of traders and funds. Prior issues of unresolved litigation, going concern and the library report, had posed obstacles to obtaining the proper auditor and securities counsel clearance opinions. Hannover House believes that all such issues have been sufficiently resolved to enable the company to complete this registration project.
For more informaiton, contact:
ERIC PARKINSON, C.E.O. / 818-481-5277 / Eric@HannoverHouse.com
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