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GENERAL HHSE UPDATES...
At the request of various shareholders, listed below are updates on some key subjects of interest.
1). FORM 10 – Final review is occurring this weekend, covering all of the revisions that have been drafted and incorporated into the Form 10 document over the past few weeks. Schedule wise, the company plans to upload to the S.E.C. by Tuesday; we do not know how long it might take for the Form to appear onto the Edgar database. However, we will post to this blog the confirmation email from the S.E.C. regarding the filing.
2). RELEASE UPDATES – Here’s a quick recap of current and upcoming releases, relative to the schedule of key retail placements.
a) LENNON BERMUDA - will be a featured CD Music title for Amazon.com during Dec. 12 – 20; the CD will also be placed into general retail distribution with Walmart, Best Buy and Barnes & Noble for March.
b) AMERICAN JUSTICE – Initial release into Walmart Canada in October was successful. Title will hit Walmart USA Stores (and Best Buy) on Feb. 10 – and Redbox on Feb. 17.
c) DINOSAURS OF THE JURASSIC – Production delays (talent schedules) required that this title be moved to February for Walmart Canada and April for Walmart, Best Buy and Target locations in the U.S.A. Primary “expert” utilized is Dr. Scott Sampson, otherwise known as “Dr. Scott The Paleontologist” from the hit PBS series, “Dinosaur Train.” As owner of the film and 95% profit participant, this title is positioned to be extremely profitable for Hannover House.
d) ON ANY SUNDAY: THE NEXT CHAPTER – The support of Redbull Media House continues to be epic. The Feb. 10 home video release will be supported with a national TV ad campaign (valued at over $800,000), and tagged with “buy it now at Walmart, Target Stores or Best Buy locations.” Rarely is the release of an independent video title supported with a national television ad campaign; we’re grateful and thankful that Redbull sees the success of this film and video as being a part of their overall corporate branding.
e) THE WEATHER STATION – The planned December release into a single theatre in New York City (specifically, the heavily-Russian neighborhood of Brighton Beach), has been expanded due to an enthusiastic response from Regal Entertainment Group. There are over 3.1-million self-reported Russians living in the USA, and Regal has found them to be responsive attendees for movies shot in their native land. The film will now be opening January 30 in New York, Los Angeles, Chicago, Philadelphia, Boston, San Francisco, Dallas-Ft. Worth, Detroit, Portland and Seattle-Tacoma. Opening the film via Regal, Cinemark and Laemmle locations in these markets will make the film “eligible” for a Netflix Streaming contract (which can be lucrative if obtained).
f) BORRAR DE LA MEMORIA – Also slated for December, but moved into a less competitive window for theatrical screens in February. Cloud 19 Labs in Los Angeles was able to fix certain technical problems with the 4k master that was delivered to Hannover House, thus enabling the film’s release to proceed.
g) BLACK EYED DOG – Due to a breakdown in negotiations with the counsel for the production company (including issues of music licenses and their request to significantly increase the advance M.G. that had previously been agreed to), we have removed this title from our Q1 (2015) release plans. If these deal points can be resolved, we would be pleased to proceed with the release; as predicted the visibility / star-stature of young Mackenzie Foy has benefited tremendously from her starring role in the current hit, “Interstellar.”
h) GABRIELLE – the thriller starring Michael Madsen, will be released in the USA and Canada simultaneously on April 7, 2015 (including Blu-Ray).
i) GRIM – The revenge film that pits oppressed minorities against corrupt cops, will be released in May. It’s a timely story in the wake of Ferguson, Missouri and Staten Island New York, police activities; but May is the fastest release window that we can service for Walmart on this title.
j) VALLEY OF THE WITCH / SPRING BREAK MURDERS / POSSESSION: THE INGLODA WITHIN and MIDNIGHT HORROR SHOW all have staggered release dates beginning in January (Possession in Canada) and finishing in May with Midnight Horror Show in the USA.
k) MEDALLION – There will be a separate press release on Dec. 15 listing the first three “label” suppliers for the Medallion Releasing / Multi-Studio Label venture. The initial new releases under Medallion labels will begin in March, 2015, and we anticipate two or three new release titles each month thereafter; additionally, one of the supplier studios is turning over their entire catalog (over 100 titles!) for Medallion to represent in the U.S.A.
3). VODWIZ – The company has signed-up a significant theatrical distributor to the VODWIZ family of supplier studios. A major effort will be implemented this month to launch this venture; HHSE Management has been focused on release activities and the Form 10 document, and frankly, the roll-out of VODWIZ has taken a second seat. However, with the credibility of some current theatrical titles to launch the website and IPTV channel, the consumer roll-out is better positioned for initial success.
4). CORPORATE FINANCING – The company is working with a Canadian-based investor group to create an asset-based credit facility for general and theatrical releasing costs. The company is also working with a U.S. bank on a similarly structured credit line, but based on eligible accounts receivable. The Company is finalizing a settlement offer with the counsel for the National Bank of California (regarding the “All’s Faire In Love” release), which could be very beneficial if completed as presently structured. The Company believes that the Fantastic Film, Intl. matter will finally be fully paid out this month (including the legal fees and interest), and will be seeking a “Satisfaction of Judgment” release from their attorney.
5). PENDING ACQUISITIONS – Although neither deal is currently “signed,” it appears likely that Hannover House / Medallion will be handling both “VALLEY INN” and “THE ALGERIAN” for worldwide sales. Both titles will be launched to theatres in February (2015), with home video / V.O.D. dates planned for June and July. The Company expects the agreements to be finalized on Tuesday or Wednesday of this coming week. Both titles will be enjoy theatrical release support at a level which will also make them eligible for the lucrative Netflix SVOD license.
6). PRODUCTIONS – Principal photography has been completed on “WILD OATS” starring Demi Moore, Shirley MacLaine, Jessica Lange and Bill Connolly. Hannover House controls the USA Home Video rights, with an option to Wild Pictures and The Weinstein Company to “buy out” these rights from HHSE. “THE UNWELCOME” is being retitled (likely to “THE SUMMONING”), and is set for principal photography in February in Louisiana. “MOTHER GOOSE: JOURNEY TO UTOPIA” has received a major private investor funding commitment, which will enable HHSE to move this title into active production mode in February. “LEGEND OF BELLE STARR” is undergoing script changes / polish; it’s possible that this title will be ready for filming in June. “WITHIN SCREAMING DISTANCE” is also set for production in March, but HHSE is only a passive entity with that venture (a presale for North American rights). A major director (and STAR!) have attached to the company’s urban-redemption film, “SHUCK AND JIVE,” with an announcement of all creative elements and schedule planned for early January. The script for "CLOWN TOWN" reads like a classic horror tale, and we're hopeful to get this film into production in the Spring, with a promo reel ready for the Cannes Market, 2015.
WOOOOW !! WE ARE GREEN !!
Don't think SEC is working that fast.... But we should get the confirmation email
Thx,, we have to stick to the facts.
Actually I would just like a proof. It would be nice to see what it contains?
Could it be that every time something has been finished in the "report" HHSE has cleared their concerns? So they had to remove it from the report and start over?
Like the atty letter, ticker change, name change, library valuation etc.?
Well said Marty... the company has been getting better and better, stronger and stronger, however the PPS has been dropping and dropping. Something is not logical here. HHSE is valued at least a factor 5 under true PPS, however I would say we could see .1 in the very very near future.
Everyone will be watching and refreshing the blog all day tomorrow for the form10 confirmation e-mail!
Shareholder will certainly spread the word
Why ? I think longs have enough shares. We should see people buy when the form10 is available through SEC... EP has missed his self-imposed deadline too many times, this week is the week IMO.
And BTW this is from Saturdays blog post:
A major director (and STAR!) have attached to the company’s urban-redemption film, “SHUCK AND JIVE,” with an announcement of all creative elements and schedule planned for early January.
Why should there be any buying? The buying will show up when form10 is filed! When VODWiz is launched, when MG is in the cinema etc.
Don't worry about the volume, I think the gates will open VERY SOON
It has been a long run! But the finish line is so close
FORM 10 – Final review is occurring this weekend, covering all of the revisions that have been drafted and incorporated into the Form 10 document over the past few weeks. Schedule wise, the company plans to upload to the S.E.C. by Tuesday; we do not know how long it might take for the Form to appear onto the Edgar database. However, we will post to this blog the confirmation email from the S.E.C. regarding the filing.
And like the Ticker change, name change, atty letter etc. etc. etc.
Everything happens eventually, EP is just not good at making his self-imposed deadlines.
Why would anyone sell anything now? Form 10 to be filled today,,, and big news hitting when form10 drops... selling now would be the worst decision.. maybe if the form 10 doesn't happen (I don't think it's possible) you could argue to hold or sell,,, IMO
Well summed up, md!
It's easy to verify that this is not a scam. They are very close with the form10, if we get it this week or next week, let's see... But it will come, like everything else,,, just not on EP's deadline! lol
Form10 is something they just have to get out of the way... News is stacked!!! ~1 week
Why should it excite anyone here??? It's gonna excite people when it's offical... like the form10 next week
Especially these lines are getting me excited
ITEM 1 – FORM 10 REGISTRATION – Notification is hereby made that Company Managers have completed the additional disclosures, clarifications and formatting required for the Form 10 Registration Statement, and will be submitting the document for final review of outside counsel on Friday, Nov. 28. It is the Company’s intention to submit the filing immediately upon approval of counsel, which is expected by early next week. The plan is to file the Form 10 on Thursday, December 4th to the S.E.C. Edgar Department through a submission via MacReport Media. Additional news and material developments affecting the Company, including the VODWIZ partner updates and roll-out, will commence following the publication of the registration statement.
News are being held back. It could finally be the December to remember!!
Hope it's a form10
Its gonna be a HAPPY thanksgiving indeed... And 5000+ movies sounds great to me that is more than a double from the original 2000.
That is completely wrong.
Hannover House plans to offer approximately 2,000 titles for consumers to stream through the VODwiz.com
I have been waiting 24 hours, lol! Just checked in, boring day at the uni
It was me, thx. From my DD on other companies this is excatly what happens, so no biggie here
Why all this arguing because of an update from the CEO explaining exactly how things are? It is common that the companies filling a FORM10 for the first time get some things to correct by the SEC.
Buy all you can, nothing has changed since yesterday. A lot of thing will change in the following weeks IMO.
You were right about, HHSE getting feedback on their form10, do you have any experience if they'll get it again? or is it simply just correct what they have pointed out and sent it back?
I read it as if it is done before Wednesday, if not something has to be changed
Formal publication onto Edgar could happen at anytime after Tuesday, or up to a week later, depending upon how quickly the filing is reviewed and approved by them for publication.
Yes, it is not EP's deadline. The deadline is something SEC have told EP. Blame HHSE for the delay but they have done their part and it is up to SEC now to finish it.
You will get the answers if you pay attention and read the blog...
Formal publication onto Edgar could happen at anytime after Tuesday, or up to a week later, depending upon how quickly the filing is reviewed and approved by them for publication.
Once the filing is published onto Edgar, HHSE will apply to the OTC Markets for uplisting to the QB exchange. This is also not an immediate or automatic procedure as the OTC Markets will need to verify that HHSE has met all of the criteria for uplisting to QB. But the hard part is done... the project is off our desks and into processing... and the timing is superb.
If we haven't had any news before Wednesday people can complain! It is out of HHSE hands now and we are relying on someone else to finish the job... We will get a form10 before Wednesday, just like EP told us.
But they will when it is posted....
Very well explained DB ! Can't be explained any clearer
I think the form10 will bring in new investors and volume,,If Im wrong, VODWiz will, OAS will and uplist,, etc
As soon as volume picks up in the following days we should see 0.0175 pretty fast, IMO
VODWiz turning out to be bigger than projected!
Due to the insane workload involved with this current theatrical release - as well as ongoing releasing activities and the VODwiz mega-project - it's unlikely that key HHSE managers (Parkinson and Shefte) will be accessible this week. If any of you are writing emails or calling, please don't be dismayed if your response is delayed. It's because we're crazy-good-busy!
This is still a gem, when publicly announced things will happen
What if this part is already done? From what I've heard they've worked closely with SEC
Actually it is a lot of %% ? Why force the price up when it is being forced down?
4). WHAT IS HAPPENING WITH THE ENFORCEMENT ACTIONS AGAINST HHSE SHARE PRICE MANIPULATORS? - HH has been instructed to send letters to known XXXXXXX in order to establish legal notice of demand; otherwise, we have been instructed to not comment publicly on the status of the investigation and federal prosecution activities. It is okay to say that we are VERY EXCITED as to where this situation finally stands.
The form10 message has only reached HHSE followers/investors? When it is posted public hopefully together with a PR things will change, IMO
HHSE CEO and President buying stocks at .031 !
HHSE Officers Stock Purchase
Good Morning HHSE Friends & Shareholders. This has been an amazing week at Hannover House, and one that we feel is the first of many to come.
As some of you already know (from HHSE filings to the OTC), both Eric Parkinson and Fred Shefte have purchased $200,000 worth of restricted HHSE common stock at a price of $.031 per share. The Form 4 for Shefte has already been published; the Form 4 for Parkinson was delayed due to a filer's identifying number error, that goes back to 1995 when Parkinson was CEO of Hemdale Communications, Inc. (NASDAQ). The Parkinson form has been corrected and is expected to be filed tomorrow.
The officer purchase of shares was intended as a mechanism to provide financial relief to HHSE without the pursuit of unpopular (and painful) "debt-conversion" ventures. As has been oft-stated by management, based on industry P/E formulas and baseline valuations, the HHSE stock carries a value of $.10 per share, and logically should be trading in the $.06 to $.10 range. Purchasing shares at $.031 each is a premium price over the current "open market" pricing for shares... but it's still only half of what management feels is the baseline value of shares. The purchase price was deemed to be fair and reasonable based upon management's knowledge of the company. A lower price - while theoretically available on the open-market - would not have provided funds to the company and would not have been made at a logical and fair price per share.
Very well formulated Myth, this is just a validation of HHSE... Uplist will attract new and bigger investors.
The problem with Form10 from HHSE it that it has been promised for years. EP just came through with another thing that was not supposed to happen ... LOL
Well said Marty!
4). WHAT IS HAPPENING WITH THE ENFORCEMENT ACTIONS AGAINST HHSE SHARE PRICE MANIPULATORS? - HH has been instructed to send letters to known XXXXXXX in order to establish legal notice of demand; otherwise, we have been instructed to not comment publicly on the status of the investigation and federal prosecution activities. It is okay to say that we are VERY EXCITED as to where this situation finally stands.
Who was expecting a pre-market release? Everything EP told us was it would be out before the end of the month