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the default judgment and the Blog have two different payoffs. I wonder witch one is correct.
AS OF THESE CONVERSION TRANSACTIONS - THERE EXISTS ONLY ONE MORE AGING NOTE (which is for a modest sum of $25,000 and which HHSE plans to pay off in cash before it's maturation in October). As for the remaining balance due to TCA ($156,000), HHSE is working to create a mechanism for the accelleration of receivables from NETFLIX licenses - in order to pay off TCA in CASH rather than carrying the painful burden of them forcing a share conversion. It is not necessary to email or call Shefte and Parkinson to express shareholder disatisfaction for these transactions; the officers share this sentiment and fought to stop these from occurring.
LOOK time warp.....is this Eric standing on the right ?
STAND BY FOR MAJOR ANNOUNCEMENT re USA Cinema Release of my New Award Winning Film "DANCIN'-IT'S ON!" pic.twitter.com/uXUXG8T4tA
— David Winters (@Dawin1) August 30, 2015
Tuesday, September 1, 2015
Stock issuance error is being corrected
Good afternoon HHSE Friends - a clerical error at Standard Registrar & Transfer Co., Inc. resulted in 9.8-million shares being mistakenly issued last Thursday. This transaction has been voided, the shares have been frozen from clearance, and the issuance will be reversed back to restore the prior share count.
HHSE Management has received lots of emails about "dilution shares being dumped onto the market" from this transaction. This is clearly wrong, as these shares were never cleared for sale, and have been recalled. The stock volume occurring today would be occurring from other market factors.
THANKS!!
moviesam acting ability means nothing to Eric. Remember, he was married to Vivian.
"Dancin' it's on" how did this cost $12,000,000 to make, "Sharknado" only cost $1,000,000
This genre looks to be fading
YOUTH-ORIENTED DANCE FEATURES
Comparable Titles to "Dancin' It's On"
STEP UP
2006
Buena Vista/Disney
$65.3-Million
$51.8-Million
STEP UP 2 THE STREETS
2008
Buena Vista/Disney
$58.0-Million
$26.1-Million
HIGH SCHOOL MUSICAL 3
2008
Buena Vista/Disney
$90.5-Million
$60.8-Million
STEP UP 3-D
2010
Buena Vista/Disney
$42.4-Million
$12.4-Million
STEP UP REVOLUTION
2012
Buena Vista/Disney
$35.0-Million
$11.5-Million
STEP UP ALL IN
2014
Lionsgate
$14.9-Million
$2.6-Million
Would be a lot better if HHSE wasn't down 125% over last 30 days.
puts us in good company with other low PE stocks. LOL
List of Low PE Ratio Stocks in this Slideshow:
Company Ticker PE Ratio
Delta Air Lines, Inc. (DE) DAL 3.87
Noble Corp plc NE 6.44
Yahoo! Inc. YHOO 6.64
Valero Energy Corp. VLO 7.03
American International Group Inc AIG 8.91
AFLAC Inc. AFL 9.26
Assurant Inc AIZ 9.42
Denbury Resources, Inc. (DE) DNR 9.50
Unum Group UNM 9.59
Deere & Co. DE 9.69
Travelers Companies Inc (The) TRV 9.94
CF Industries Holdings Inc CF 9.94
Lincoln National Corp. LNC 10.04
Ford Motor Co. (DE) F 10.23
Hess Corp HES 10.36
International Business Machines Corp. IBM 10.39
Verizon Communications Inc VZ 10.48
LyondellBasell Industries NV LYB 10.52
Masco Corp. MAS 10.55
Murphy Oil Corp MUR 10.69
Chevron Corporation CVX 10.72
AT&T Inc T 10.88
Capital One Financial Corp COF 10.91
Allstate Corp. ALL 10.92
Goldman Sachs Group, Inc. GS 10.95
Any guess to what the new 30MM+ shares were used for ? Debt ? or given away to the next vodwiz technical provider ? Maybe Eric will let us know.
How close is HHSE to it's goal of 90 DVD releases in 2015 ? Only 4 months left.
Definitely would take back those 28 million shares.
New VODwiz excuse, It's never HHSE fault.
too bad 28,000,000 shares were given away to make VODwiz happen.
Since the end of the applicable reporting period, Company has grown concerned with the status of a services-agreement entered into in 2013 with Nanotech Entertainment for the operational (technical upload and delivery) needs for the upcoming VODWIZ digital-streaming service. HHSE is concerned that the insufficient attention and resources may have been committed to uploading new titles to VODWIZ, and is currently, actively seeking to address these concerns and to work towards establishing a mutually acceptable framework for a moving-forward relationship. HHSE acknowledges that Nanotech may also have concerns about masters and other delivery elements from HHSE and HHSE supplier studios that are participating in the VODWIZ launch. The establishment of the VODWIZ site and portal is complex, and involved literally thousands of feature films and more than a dozen suppliers, each delivering elements in a wide assortment of formats. It is not unreasonable that the task of uploading titles has proven time-consuming and, at times, problematic. It is HHSE’s intention to continue working with Nanotech, provided that an acceptable game-plan and schedule can be agreed. HHSE has been approached by other technical services providers, and anticipates that there would be no negative impact to the consumer roll-out of the VODWIZ site and portal if, for any reason, including mutual dissolution, that the services agreement with Nanotech is not continued. There are no other material disputes or lawsuits requiring Company’s response.
Item
Is HHSE filing the Quarterly today or are they going to be late, again.
Yes, #2 for the Sunday matinee. How did it stack up Friday and Saturday. I bet we'll never know.
Where is the Audit?? all that matters...i thought it was "very close" like three weeeks ago
Having the debt all but wiped out would be absolutely HUGE....
I remember clearly the TCA deal required audited financials. Maybe that's why their being hard on HHSE. HHSE never fulfilled their obligation.
Serious question about the Blog: refer to the bolded and underlined. Why ?
Both of the funding parties that are offering this plan have indicated that they will require that HHSE make some changes: a). The hiring of an experienced public-company Chief Financial Officer; b). The requirement that the Form 10 be filed expeditiously, but not prior to the closing and funding; c). The HHSE Board be increased to at least three (and preferably five) members; d). That a separate "President" and general manager for the VODWIZ division be hired and paid for with a portion of the funding proceeds.
So if the form 10 is ready to file, HHSE can't because its a requirement that it's not filed for the new MEGA funding ????
I can't believe all the interest in HHSE
HHSE Blog Update - Monday, July 27
Greetings HHSE Friends & Shareholders - As a follow-up to our blog last Monday (which many complained as reading rather glum) - we are releasing today a significant spread of news and developments which more clearly define the current activities of the company. There's so much positive activity in motion that it's been difficult to stop the process long enough to write-up informative blogs. Accordingly, today's summary will be in bullet point format for brevity.
Watch this space!
SECOND UPDATE: 7:33 pm Central Time
Crazy Monday - lots on our plates...
Anyway, for next Friday's opening of THE ALGERIAN in Washington, DC (and for the opening the following weekend in NYC), we are pleased to announce the appearance and "meet-in-person" support of our principal cast members. HARRY LENNIX from the hit NBC Show, "The Blacklist" and TARA HOLT ("Californication") will be joined by the film's lead BEN YOUCEF and producer-director GIOVANNI ZELKO. Should create a happening event!
Blog: I'd a thought the second or third update would be here by now. Probably won't see another today.
HHSE once again talked about a multi million dollar Netflix agreement yet can't pay TCA the last $150,000. Where did all the pre-sale money go ?
HHSE strikes multititle deal for FreeStyle Releasing / Netflix Subscription V.O.D.
Greetings HHSE Friends - As previously mentioned, FreeStyle Releasing will be representing upcoming Hannover House theatrical films, including "THE SUMMONING." We are pleased to announced that "BONOBOS: BACK TO THE WILD" and "THE ALGERIAN" have also been added for the sales representation venture, based on the upcoming / qualifying theatrical release schedule for these two new films. "DARK AWAKENING" - also opening at theatres this summer from HHSE - is not eligible for the Netflix Subscription Video-On-Demand placement due to a major pre-sale for the film on SHOWTIME NETWORKS.
For eligible films meeting programming and quality requirements, Hannover House is required to release each to a predetermined number of Top 25 theatrical markets. plus aThe value of the licensing fees begins with a significant (6-figure) base fee,n overage formula tied into box office performance. For the initial three titles, a valuation of $3-million is considered to be realistic and obtainable - but may vary based upon the actual box office performance that the films will be generating during their release window. From a revenue-reporting standpoint, HHSE will only book the base contract amount for each film until box office overages are known.
Management should use shares to pay-off at least some, if not all the TCA debt.
as all revenue from Bonobos is donated to their cause in case people forgot. No revenue will be made off of Bonobos.
Sad thing about this company is they had a chance to sell maybe 100 million shares 4-5 years ago and paid off Twelve.
Blog update....
A SHAREHOLDER EMAILED US THIS MORNING: "WHY IS TODAY'S BLOG SO GLUM"?
Fair question. For the past few years, this Blog has concentrated only on the upbeat developments, and tended to provide little attention to some of the less-than-shiny parts of the company. Yes, there is a tremendous amount of positive activity for HHSE and much to be excited about. But we cannot also ignore that TCA has been like a ball-and-chain around management's necks... and we cannot pretend that our cash flow is superb when it's actually challenging due to TCA, corporate mergers and general market conditions that happen when a small supplier goes from 6-titles per year to 90-titles in the same amount of time. Throughout the past few years, a barrage of positively-spun blogs has had no measurable impact to the stock volume or pricing. In fact, the more positive our blogs have been worded, the more pressure that seemed to arrive against the PPS. Almost like a challenge to the good news? Who are we kidding? It's DEFINITELY a challenge to the good news... the chat board trolls BRAG about pushing hard against HHSE whenever press releases come out. So rather than focus on only the shiny bits, we felt that a more candid blog - with the less than exciting parts exposed - offered a new approach to corporate communications. Maybe we're wrong? Guess we'll find out. But there's a logical conclusion if you think it through... there is "a method to the madness" to coin a phrase.
I am not sympathetic to ep's problem.
Eric on TCA
Maybe someday, federal regulators will be stricter or prohibit such lending practices?
I'm sure some of the longs have begged Eric for Dark Awakening results, what did he say ?
Kinda funny to leave all of the investors in the Dark. No pun intended.
Any word yet on that multi million dollar civil law suit ?
MINUTES OF THE BOARD OF DIRECTORS MEETING OF JULY 24, 2014
This was the last minutes of a BOD meeting that were made public.
Don't they have BOD meetings anymore ?
The countdown has begun! DARK AWAKENING begins it assault in Theatres this weekend - and rolls our nationwide during the next four weeks! Go see it!
Off to play golf, please keep the board going.
All 3 movies are being released on the dates that were revealed at the media event.
Where is it scheduled to play ?
It is my opinion the great theatrical releasing month of July fell apart for HHSE. The dismal past history of HHSE's box office results makes it next to impossible to book theaters in advance leaving HHSE a few screens hear and there.
Says the Algerian was released on June 26th, how did it do ? Where is it playing now ?
Dark awakening release date of July 17th in unlikely.