Hannover House Inc (HHSE)

[speckulater]

Plethora Reasons Move From Warehouse To Executive/Offices Suites










* After 8-years and $350,000 in rent payments to the landlord

* Most of the current office space is for warehousing, which has been moved to off-site fulfillment (for far lesser costs)

* Outgrown the office-warehouse combo location in Springdale

* Final move-out of our warehouse facility

* 'Getting out of the warehousing business' and turning this task over to Technicolor

* New duties (warehousing, replicating, storing, physical inventory, shipping) to be handled by Technicolor

* HHSE will be moving out of the warehouse location in Springdale within the next two weeks - and occupying executive office suites in the Fayetteville business district.

* Separating Executive and Administrative functions from Operations

* Enable HHSE management to focus on "the big stuff," the big projects, the big picture

* Company focused more on theatrical activities and production of higher profile films

* Moving to higher-end offices (instead of staying in a warehouse district), seemed like the right move based on these changing, growing and improving circumstances.

* “We’re stepping up our game,” HHSE CEO Eric Parkinson said.




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* 5). Final move-out of our warehouse facility (with new duties handled by Technicolor) will be completed in the next few days (but possibly, NOT by this coming Friday).


* 5). After 8-years and $350,000 in rent payments to the landlord, HHSE will be moving out of the warehouse location in Springdale within the next two weeks - and occupying executive office suites in the Fayetteville business district. We are pleased to be 'getting out of the warehousing business' and turning this task over to Technicolor, after a few years of struggling to resolve "Twelve" debts incurred with them. They are a great replication and warehousing partner, and we're happy to be back on the Technicolor team. Separating Executive and Administrative functions from Operations will enable HHSE management to focus on "the big stuff," the big projects, the big picture so to speak. It's an exciting time and an exciting move that will be presented in greater detail as a free-standing media announcement.
http://hannoverhousemovies.blogspot.com/2016/10/week-of-oct-3-7-lots-in-motion_2.html


* As disclosed recently, we have outgrown the office-warehouse combo location in Springdale, where we've resided since March, 2008. Most of the current office space is for warehousing, which has been moved to off-site fulfillment (for far lesser costs), and with the company focused more on theatrical activities and production of higher profile films, moving to higher-end offices (instead of staying in a warehouse district), seemed like the right move based on these changing, growing and improving circumstances.


* Hannover House Moving to Fayetteville
Media distribution company Hannover House Inc. is in the process of relocating its corporate office from Springdale to Fayetteville, CEO Eric Parkinson said.

The move to the Today’s Bank building at 300 N. College St. comes after the company secured high-profile actors Samuel L. Jackson and Shirley MacLaine to star in “Mother Goose: Journey to Utopia,” which is expected to start filming in Northwest Arkansas in January.

“We’re stepping up our game,” Parkinson said.

Parkinson expects the move from 1428 Chester St. in Springdale to be completed by mid-October.
http://hannoverhousemovies.blogspot.com/2016/10/state-of-arkansas-production-financing.html













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