Hannover House Inc (HHSE)

[speckulater]

HHSE/VODwiz Offered Expansion Opportunity; 6,500 Fully Mastered/Conformed Titles

vi). Company has been offered a significant opportunity to dramatically expand the VODWIZ venture, by accessing a film library of approximately 6,500 titles (which are already fully mastered and conformed for digital streaming). The implementation of such a move for VODWIZ would require a modification or cancellation of the current “hosting” agreement set forth with Nanotech Entertainment several years ago. It is Company’s belief that other, more lucrative and less-labor intensive ventures and projects for Nanotech have proven to be a greater priority than the on-boarding of new titles for the VODWIZ streaming portal. Accordingly, it is Company’s belief that a revision or cancellation of the Nanotech Entertainment hosting-services agreement for VODWIZ may be in the mutual best interests of both companies. It is the position of Hannover House / VODWIZ that the consumer portal site cannot be reasonably “launched to consumers” until 500 or more titles are immediately available and accessible to consumers for downloading. Company and Nanotech reached an impasse last summer due to certain demands by Nanotech which were not prescribed in the services agreement, and which were not deemed to be functionally realistic. While there are many digital portals, websites and O-T-T entertainment service providers, Company feels that there is a market for the VODWIZ site if a significant quantity of independent films can be offered to consumers (even on a non-exclusive basis).

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HHSE