Hannover House Inc (HHSE)

[ds22]

1). MEDALLION STUDIO PARTNERS PRESS RELEASE - On Thursday, HHSE prepared and submitted to three (3) new studio partners what we thought was a kick-ass announcement of new suppliers and product for the multi-studio venture. The plan was to release this news on Friday (yesterday). To our surprise, all three suppliers requested individual announcements (as they did not want to be "lumped-in" with other suppliers). We agreed, as each of these label affiliations represents a minimum of $2-mm in annualized video revenues (and potentially much more). So, we have agreed to put out individual news releases for GREEN APPLE FILMS, FEVER DREAMS and GDC ENTERTAINMENT on Monday, Tuesday and Wednesday of next week. Yes, it's politics, but understandable. The politics goes a step further as "certain titles" from each supplier need priority listing in the releases, and other titles need to be withheld entirely (as their higher-profile statures merit a free-standing announcement). Ahh...well if what we're doing was easy to do, ostensibly, others would be doing it.