HHSE NEWS: Hannover House Structures Film Funding
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Posted On: 06/17/2022 4:07:27 PM
HHSE NEWS: Hannover House Structures Film Funding for "Modern Antiquities"
Press Release | 06/17/2022
https://www.otcmarkets.com/stock/HHSE/news/Ha...?id=361752
"Modern Antiquities," a feature drama about a Cherokee teen struggling for success, will be one of the new productions facilitated by Hannover House, Inc. (OTC: HHSE) under the company's new two-tier business model. The film, scheduled for production this November, will be branded as a "MyFlix" production - although its initial release will be intended for U.S. theatres. Funding for the production will be through bank financing utilzing existing private equity, state incentives and presale contracts as the primary collateral mechanism.
"We're very excited to be presenting this unique and moving story," said Eric Parkinson, C.E.O. of Hannover House and MyFlix. "The commercial success of the 'Reservation Dogs' television series proves that there is a market for native-themed programming, which to date has been almost ignored by the mainstream entertainment industry. This film has a relatable theme and inspiring outcome, which we believe audiences will embrace."
Hannover House anticipates hiring two well-known stars for the film, along with a cast of more than twenty Native American performers. The film will be shot in and around Tahlequah, Oklahoma, with scenes also occuring in Bentonville, Arkansas and New York City.
The film tells the story of Jeremiah Kanoska, a Cherokee teen and recent high school graduate. When Jeremiah comes into possession of an album of historic and valuable postage stamps, his life - and the lives of his family and closest friends (Lucas and Sparky) - are forever transformed. The sudden surge of wealth both corrupts and inspires. But, ultimately the opportunity enables Jeremiah to open a successful retail and on-line business with his family, selling Native American goods.
Principal casting will be announced in October.
Hannover House is a 29-year-old entertainment company which has been successfully involved in most aspects of the North American production and distribution market. The company's prior focus as a DVD distributor for third-party productions was modified in 2018 to focus on a two-tier model of creating original programming and launching the MyFlix multi-studio streaming service. By facilitating the production of films such as "Modern Antiquities," "Legend of Belle Starr" and "Meltdown," Hannover House is able to fund operational costs as well as build long-term balance sheet equity for the company and its shareholders. Hannover House stock is currently traded on the OTC Markets Pinksheets, but is expected to be elevated this summer onto the OCT: QB listings following the release of the company's registration statement with the Securities and Exchange commission.
For more information, contact: ERIC PARKINSON / 818-481-5277 / Eric@HannoverHouse.com
Press Release | 06/17/2022
https://www.otcmarkets.com/stock/HHSE/news/Ha...?id=361752
"Modern Antiquities," a feature drama about a Cherokee teen struggling for success, will be one of the new productions facilitated by Hannover House, Inc. (OTC: HHSE) under the company's new two-tier business model. The film, scheduled for production this November, will be branded as a "MyFlix" production - although its initial release will be intended for U.S. theatres. Funding for the production will be through bank financing utilzing existing private equity, state incentives and presale contracts as the primary collateral mechanism.
"We're very excited to be presenting this unique and moving story," said Eric Parkinson, C.E.O. of Hannover House and MyFlix. "The commercial success of the 'Reservation Dogs' television series proves that there is a market for native-themed programming, which to date has been almost ignored by the mainstream entertainment industry. This film has a relatable theme and inspiring outcome, which we believe audiences will embrace."
Hannover House anticipates hiring two well-known stars for the film, along with a cast of more than twenty Native American performers. The film will be shot in and around Tahlequah, Oklahoma, with scenes also occuring in Bentonville, Arkansas and New York City.
The film tells the story of Jeremiah Kanoska, a Cherokee teen and recent high school graduate. When Jeremiah comes into possession of an album of historic and valuable postage stamps, his life - and the lives of his family and closest friends (Lucas and Sparky) - are forever transformed. The sudden surge of wealth both corrupts and inspires. But, ultimately the opportunity enables Jeremiah to open a successful retail and on-line business with his family, selling Native American goods.
Principal casting will be announced in October.
Hannover House is a 29-year-old entertainment company which has been successfully involved in most aspects of the North American production and distribution market. The company's prior focus as a DVD distributor for third-party productions was modified in 2018 to focus on a two-tier model of creating original programming and launching the MyFlix multi-studio streaming service. By facilitating the production of films such as "Modern Antiquities," "Legend of Belle Starr" and "Meltdown," Hannover House is able to fund operational costs as well as build long-term balance sheet equity for the company and its shareholders. Hannover House stock is currently traded on the OTC Markets Pinksheets, but is expected to be elevated this summer onto the OCT: QB listings following the release of the company's registration statement with the Securities and Exchange commission.
For more information, contact: ERIC PARKINSON / 818-481-5277 / Eric@HannoverHouse.com
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