Hannover House Inc (HHSE)

[speckulater]

VODwiz: 250,000 Subscriber Base = $18,000,000 Annual Revenues




















ITEM 1 - MINUTES OF THE BOARD OF DIRECTORS MEETING OF JAN. 29, 2014


1). APPROVAL OF VODWIZ SUBSCRIPTION STRUCTURE -
The Board reviewed and unanimously approved the proposal to add the option of offering a consumer "monthly subscription" option to the VODWIZ business plan (which business model previously only included a pay-per-transaction basis). Subject to the capabilities of operational supplier NanoTech Entertainment (NTEK) in providing a tracking mechanism for streaming of titles covered under the subscription offering, VODWIZ believes that all of the independent studio partners will support the subscription-option model. Individual titles would still be available for streaming on a pay-per-transaction basis, for consumers electing to not accept the monthly subscription option, as well as for selected titles and major studio fare not included in the subscription package (a PPT and Subscription Model similar to Amazon). Subject to a profitability analysis, the monthly subscription fee of $5.99 was recommended, which would generate approximately $18-mm in annual revenues from a subscriber base of only 250,000 members. The Company has set a goal of 500,000 VODWIZ subscribers under a monthly, automatic billing membership.

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=115818




VODwiz Monthly Subscription Fee = $5.99


250,000 Subscriber Base = $18,000,000 Yearly

500,000 Subscribers = HHSE Monthly Subscriber Goal







HHSE