Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It continues to defy logic. I think the pent up demand for a strong rise in PPS will occur fairly soon. Lots of good news expected within a few weeks. The news we are waiting on is the solid news that builds a strong foundation in a company.
Remember, the float is tight on this one. Many of us here have a lot of shares we've been holding for a good amount of time. Watching level 2 shows you how scarce shares are for sale looking at the bigger picture.
News: Hannover House Pacts for International Sales Venture
http://www.marketwatch.com/story/hannover-house-pacts-with-final-cut-films-for-international-sales-venture-2010-08-25?reflink=MW_news_stmp
NEW YORK, NY, Aug 25, 2010 (MARKETWIRE via COMTEX) -- Hannover House, the film and video distribution division of Target Development Group, Inc. (PINKSHEETS: TDGI), has entered into an international sales and marketing venture with Vancouver-based Final Cut Films, announced today by Hannover House president D. Frederick Shefte and Final Cut CEO Craig Adlard. The sales venture will be launched at the American Film Market-IFTA marketplace in Santa Monica in November, and will highlight three new release feature films and approximately seventeen recent or catalog titles from the Hannover House library.
"We are excited to enter the foreign distribution arena for our line-up of titles from Hannover House," said Shefte. "Craig Adlard is a well-known and highly respected international rights sales executive whom we have known and dealt with for more than ten years. Our venture with his new company, Final Cut Films, is a great vehicle for Hannover House to maximize revenues from these previously unexploited rights," he continued.
Prior to forming Final Cut Films, Adlard was a senior sales and marketing executive with Industry-Works International, and also held sales posts with Lionsgate and Sony Pictures Home Entertainment. He has more than 12 years of experience in the sales and marketing of independent feature films, with market presence at all of the major international festivals, including Cannes, MIPCOM, AFM, Toronto and Berlin.
The library of titles owned or controlled by Hannover House includes over 170 film and video titles, including the recent theatrical releases of "War Eagle, Arkansas," "Racing Dreams," "Twelve" and "Chelsea on the Rocks." In addition to USA distribution rights, many of the titles in the Hannover House library also have international rights availabilities, which have previously not been exploited by the company.
A complete list of new release features and catalog titles from Hannover House at the AFM-IFTA market will be released in September. The American Film Market is an annual film, television and video show for international rights and buyers, organized and operated by the Independent Film & Television Alliance (IFTA). For more information on the American Film Market, visit: www.AmericanFilmMarket.com
For more information on Hannover House / TDGI, contact:
SUSANNAH PATTON
Susannah@HannoverHouse.com
479-751-4500
Fact, nobody is ever happy when they part ways with a possession only to see it rise in value. So it will be with TDGI.
Nice find on that. Wow, an amazing fact for the board to ponder:
That’s the hottest news I’ve yet to hear from any publisher! I must say the press release they sent out about you and your book, Nobody Has to Know, is one of the most impressive I’ve ever read. Parkinson has to be the most innovative, cutting-edge publisher in the world. To actively seek books not only to publish but to film is mind-boggling to me, but since they have their own film subsidiary that makes perfect sense. What a coup for an author to get “in” with them. That is one company that thinks “out of the box.” WOW!
Fact, lots of great info coming out in the next several weeks that could materially impact the PPS in a positive light. Your *opinion* of the forward looking sentiment on this stock is duly noted. No need to repeat that sentiment anymore, thanks...
We will close above .025. Again, another fact you choose to ignore is this stock can't seem to break down below it's massive support and close there.
Fact, TDGI Up 2,272% On 1 Year Chart. Nuff said...
Wow, massive support at .025 and .024. Check out ARCA rockin the 40K lot bid at .024. Someone really, really wants shares there I suppose.
Also, you notice how the ask RARELY ever drops nice and tight down to the bid at this level? When it does it quickly gets taken out. Ever wondered why that is? Yet when we get to .03 and above, the bid is significantly tighter. Food for thought...
Fact, EP is petitioning the judge to intervene because the defendants' lawyer won't respond. That's the only fact in that statement. Since this is about TDGI's CEO, let's stick to the facts and not interject something that's not there. For all we know, he may have an incompetent, overworked attorney. But that is just speculation, not fact. I'm in the legal field and I know there's a million and one possibilities of why an attorney isn't communicating with a client.
Nice to see you check in. Why don't you hop onto Amazon, YouTube, Google or Netflix and rent some video-on-demand content from TDGI and support the cause.
Interesting, because I just looked at level 2 and saw the ask at .0261 and put in an order for 25K and got it right away. The ask usually doesn't get that low...
TDGI Level 2 - ARCA is parked on the bid with a 40k lot. What's up with that? Anyone seen that before?
Ten For Ten Sell-Thru Campaign
This is an old PR from February 25, 2010, but is very much relevant today. Some of you were not invested back then, so I thought I'd dig it up to add to the cache of facts for TDGI. This PR talks about their Ten For Ten sell-thru campaign where they're reducing the suggested retail price of ten of their DVDs from their legacy library for $10. The PR also has some other summary info that backs up more great facts asserted often here about TDGI. This very campaign captures the bread and butter of the distribution business of Hannover House and what makes it a profitable company. Now imagine they've added Racing Dreams, Twelve and soon The Wild Hunt. Add in the mix a major distribution pact with TCF. Add in the additional titles they've PR'd throughout 2010. Then read the line where they state the profit they made in all of 2009 due to one theatrical release. This doesn't even take into consideration the Truman Press side of their business. Just some facts to think about...
http://finance.yahoo.com/news/Hannover-House-Pursues-iw-2197006203.html?x=0&.v=1
Hannover House Pursues Catalog Gold-Feb 25, 2010
Hannover House, the film and video distribution division of Target Development Group, Inc. (PINKSHEETS: TDGI) (Other: www.TargetDevelopmentGroup.com, www.HannoverHouse.com), has announced its first major DVD catalog promotion since adding video to its product lines eight years ago. The sell-thru campaign, coined "Ten for Ten," will reduce the suggested retail pricing on ten of the company's top selling DVD releases to just under ten dollars each.
All ten DVD items will be available to retail and wholesale customers at the reduced pricing of $9.95 suggested retail each, effective April 6, 2010.
Leading the package will be the extremely popular-selling DVD feature, "Hounddog," starring Dakota Fanning in a critically-praised, breakout role. Other titles include: "Teen Yoga," "Come Away Home," "Dawn of the Living Dead," "Grand Champion," "Kingdom of Gladiators," "Samurai: The Last Warrior," "Mind Your Manners," "Tyra Banks: Supermodels In The Rainforest" and the Spanish-language, 4-movie package, "The Antonio Aguilar Coleccion Classica."
"This is a very exciting promotion for Hannover House," said C.E.O. Eric Parkinson. "The title selection is very commercial, and our wholesale pricing will enable some of the major retailers to significantly sell beneath the $9.95 list pricing. Our film and video library has over 150 titles and a significant valuation. This sell-thru campaign will be the first of many that the company will be pursuing to maximize revenues and bottom line results from the catalog."
Due to corporate restructuring, Hannover House only released one title to DVD and Blu-Ray for the entire year of 2009, specifically "Hounddog," which was originally listed at $19.95 for DVD and $24.95 for Blu-Ray units. Despite the absence of other releases or catalog sales efforts, Hannover House still posted a respectable bottom-line profit for 2009 of $485,000. For the calendar year 2010, the company is pursuing a greatly enhanced release slate, led by six, major theatrical releases, five new release books, and thirty new release DVD / Blu-Ray titles. Additionally, Hannover is implementing a variety of catalog promotions and pricing strategies, including a Blu-Ray product line with $14.95 list pricing.
"There is a major market opportunity for what we are pursuing at Hannover House," said Parkinson.
Additional financial data on Hannover House and parent-company Target Development Group, Inc. can be found at www.Pinksheets.com under the company trading symbol: TDGI.
Per their latest PR, they are returning back to the core of their business which is distribution. They passed on HTYMP and already had The Wild Hunt ready to roll out, so I'm guessing - not FACT - that they scrapped that to only distribute it on DVD/VOD. Thanks for sharing all the titles you found on the Hannover web site for sale. If you keep digging in other places such as little known outfits like Netflix and Amazon VOD and Google VOD and YouTube VOD, you'll come up with more titles that are available for immediate download rental.
Couldn't have asked for a better infomercial for Hannover, thanks!
That was posted 7 hours ago, coincidentally when someone on this board mistakenly got a news alert from their brokerage reciting the old news. It's not official *yet*
I'm glad that our recitation of facts has led you to buy some of TDGI's products. Let us know how you liked it!
Fact, some private investors don't think T3000 is a losing proposition as they're willing to place $70 million with a pink sheet indie film company whose CEO has the animation rights to develop the film. I've never known someone with that kind of money willing to burn it up.
It's a FACT that TCF is distributing Twelve. Here's a snippet from a *filing* and not a PR or email:
If you read that filing, it states that the net revenue payable to TDGI/HH under the TCF distribution deal are significantly higher than if the film were to be released solely under the TDGI arm. That's a fact. And something that might not be known, but distributors such as TCF have national distribution deals in place with retailers wherein the retailer is required to buy X amount of film units and pay for them up front which in turn brings revenue into TDGI quicker rather than having to wait for the units to sell themselves. Those are again facts.
Also, RD is being placed in national retailers such as Walmart, Best Buy, Netflix and the like. To think that TDGI won't recoup their paltry investment into RD through these channels is just not feasible. So while there is speculation on *exactly* how much RD will do, there is no speculation on the fact that this little pink sheet indie film CEO has gotten the attention of major retailers and has gotten placements already for the film through those retailers. That's a fact...
Fact #1 Racing Dreams Bombed at theaters
We all know this, and yes it is a fact - rather old one. Good thing is we hardly paid anything for it and will make it up with the major retailers who have placement commitments to sell RD. Ever heard of Walmart or Best Buy? I like the odds there
Fact #2 Tweleve bombed in theaters
Again, another fact we all concede. But thankfully Twentieth Century Fox has agreed to distribute Twelve on DVD/VOD. TCF has clout and resources to move units of Twelve in major retailers, something HH couldn't do on their own.
Fact #3 HH lost Happythankyoumore please
Again, another fact anyone will concede here. But as you know and are not telling, there's a lot more to the story. HH *walked* away, not lost, HTYMP. They did not want to have another failure at the box office and commit business suicide. EP did the *right* thing and walked away from it electing not to potentially harm his business. This shows business accumen, something extremely rare for a pink sheet CEO. How would HTYMP have been good for TDGI if it flopped at the box office? It wouldn't have, it would have severely harmed the company. This has kicked off a series of events causing EP and company to return to their core, *already profitable business* That makes me as a shareholder very happy saying thank you, more (profits) please
Fact #4 Which is the most disturbing is EP put out a PR that he is going to make a Terminator toon movie and he doesn't have the rights to. How could you attempt to make a movie when you don't have all the legal details worked out. EP is lucky that Pacificor sent them that cease and desist letter, Pacificor could have waited till the movie was made and then taken them to court. Not very smart. I wonder if EP is even really planning to make the movie or just putting out random PRs.
You have some of your FACTS incorrect here. First off, it's not a toon. Second, EP had been in talks with William Morris agency who had been hired *by* Pacificor to work out deals for the Terminator franchise. Once the C&D letter came out and EP was able to speak with Pacificor's legal counsel, they retracted the C&D letter and agreed to come to the table to discuss the terms of the deal. It's as if you think that EP is just so negligent that he would pony up $70 million without the rights to the film. You can't even effectively argue that period. Fact, talks have been ongoing now for a week. There has been no follow up PR stating that TDGI is not doing the film. I'm 100% certain as I work in the legal field that a clarifying/correcting PR would have been issued the moment Pacificor passed on the deal. But it hasn't yet, and that's a fact. Your assertion that he's just putting out random PRs is not worth arguing.
Fact #5 TDGI is down more that 50% since March
That is a fact as of today, one which you couldn't have argued last week or the week before. Stocks don't just go straight up as I'm sure you're aware. But we are nowhere near the sub penny level TDGI was trading at when EP took Hannover public, so it's still a net gain for the stock on a 52 week chart from early December 2009.
The point of this exercise is it's easy to point out the flaw and shortcomings of anything. A rule I teach my children that is applicable to the situation here at TDGI is that it's not so much the mistake you make but how you rectify the mistakes. EP is human, has had some trial and errors. But he has not managed to run TDGI into the ground or dilute us, something most other pink sheet companies cannot boast about.
And you are correct. But it still is a fact in direct opposition to another post that states EP has done nothing but "hype" the company but not deliver. I will go out on a limb and say that the TCF distribution deal is what will save TDGI's butt on Twelve. If anyone can move units of Twelve, TCF will.
Fact, EP has landed us a distribution deal with Fox. Fact, EP owns the animation rights to Terminator franchise. Fact, EP has not diluted the company since going public and has a no dilution policy in multiple filings. Fact, TDGI has already distributed more media this year than any other year of Hannover House's existence. Fact, the share price has risen above the sub penny level since Eric has taken Hannover public and has never even gotten close to going back to the sub penny level. Fact, Racing Dreams is about to be sold by major retailers nationwide with placement commitments already in place. Fact, EP has lowered the A/S 93% since taking Hannover public.
These are facts, let's stick to them. The reader will decide for themselves whose "facts" are correct.
Finally some great advice! I suggest anyone who is underwater at this point be buying the .02s up. Historically we don't stay in the .02s very long. That's another FACT...
Fact, we've never in the history of TDGI going public had consistent down days every day in a week. That's a FACT...
Most people are cutting through all the noise and seeing that it's wise for TDGI to return to their core business, what's made them profitable. I can't underscore enough how glad I am that Eric stopped the bleeding at the box office with Twelve. Our losses were effectively capped on two low budget films, a hole that can be dug out of. In a perfect world, I wanted to see HTYMP distributed by HH at the box office. That was before box office failure was a known factor. But being able to make that tough, seeming unpopular decision may have been one of the best moves he could have made. He would have possibly been committing business suicide by ignoring the facts and pushing HTYMP through the box office. No doubt a flop of that magnitude would have severely hurt TDGI. Thank goodness Eric has the business accumen to make that decision. I'm not in the camp that thinks we lived and died by HTYMP. But I would be lying to say I wasn't disappointed. I drank the koolaid too that thought HTYMP was going to be a cash cow, but that was again before understanding that box office failure was a known factor.
But as a business owner myself I'll call a spade a spade and say he made the right decision. Many are still here because they know TDGI can turn a decent profit on distribution rather than theatrical releases. While many have lost confidence in Eric as of late due to the issues we've gone through, most are savvy enough to see a CEO who's owning up to the company's shortfalls and stopping the losses while they're still repairable and turning back to what's made them money. Now if we could get a few key pieces of information we'll be set...
Money is the be all end all for the Pacificor deal. What can sweeten the pot greatly is if TCF were to be behind TDGI in this. And think about it, why wouldn't they? Here are the facts as we know them. TCF signed on to distribute Twelve. We've read that TCF may be involved in future films released by Hannover. Following the logic, and once again the money train, TCF would be crazy not to be in on any T3000 deal that HH is pitching. TCF doesn't have to pay for any of the production or licensing fees, they'll simply have to distribute a franchise that has major brand recognition thereby mitigating their risk of dollars spent on advertising. Pacificor would love to get 20 to 30 million up front in licensing fees thereby recouping most, if not all, of their initial investment in the franchise, and then reap the royalty windfall that will come from the box office and a possible TCF distribution of the film. Pure speculation on my part, but I'm seeing more and more how TCF is bigger than we all may think. A T3000 type film is what makes total sense in partnering with a little pink sheet indie film company for TCF.
Sticking to the facts, Eric has conceded that the theatrical releases haven't panned out. We all know that, we're moving on. That said, they are returning to focus on the core of their business which is profitable without dilution. Another juicy FACT is that HH has Fox as a distributor of Twelve. Also, in the recent PR they've stated regarding Racing Dreams:
Hannover House has received placement commitments for the item with Blockbuster, Best Buy, Netflix, Walmart and other, major national retailers.
An alternative way of looking at it is how much is Hannover willing to pay for the licensing rights to do the T3000 movie? We know they've already said they have $20 to $30 million to plunk down on the table right now to Pacificor for the right to make the movie. How many pink sheet companies have access to that capital without diluting? I haven't seen one yet. That FACT is bigger than any opinion that could be offered by anyone.
Book value was .13 based on legacy library prior to any 2010 events/acquisitions and the issuance of shares to get rid of the shell debt. Book value is now .058 based on 2009 and prior legacy library. Should be significantly more going forward, even with the box office flops of Twelve and Racing Dreams.
Book value is still significantly higher than where we are today:)
Since we are not allowed to engage you as we would like, you will hear nothing but facts here. Get them right.
Once again, only part of the picture. Stock up several hundred percent since December 21, 2009. Holding its significant gains too. Try again...
Or false facts are being conjured up that are entirely not true about TDGI. Do your DD, these are not true facts, folks.
NO, TDGI no just have tons of debt. I think you forgot a word or two in there:)
I don't believe any pumping or share price manipulation is going on here. We have never had a 3rd party pumper and or dilution which tells me eric is trying to actually grow a legit business.
Oh, I've taken my fair share of baths on pinkies. This won't be one of them because there is a real audit coming, and soon. No dilution. Take that to the bank.
Fair enough, a lot of pinks make a lot of claims. Not unreasonable to be suspect when things don't happen as planned. However, as has been pointed out and is worth repeating again, Eric has now put a date in a filing. I think it's fair to say that Sept. 9 is a bona fide date of accountability at this point.
It is rather absurd to think they haven't done any audited financials. I go back to why would anyone who owns a stock make such an assertion publicly? Kind of shooting yourself in the foot don't ya think? I appreciate your concerns about the delays, but that is outside the realm of reasonable to me at this point.
Maybe to offer a different perspective, if we haven't heard any news yet one way or the other, it's a reasonable assumption that talks/negotiations are still underway. Don't you think that if Pacificor nixed the deal, they would have required an immediate retraction PR? I'm no business guru, but I'm positive if talks failed we'd know about it by now.
No need to further reduce the A/S at this point. TDGI PPS is currently waiting on news and financials that will dictate where the price goes. Our CEO already delivered bigtime on reducing the A/S in order to gain credibility. Remember, he didn't have to do that. The financials will be the next key piece of the puzzle to bring that credibility home. I also disagree that the PPS is in critical condition. To put it into perspective, how many pinks have risen several hundred percent in less than a one year period and retained their gains? Our PPS may be range bound, but we've retained significant gains and are poised to keep adding to those gains. All Eric needs to do is deliver the much needed transparency and give some guidance based on the events of this year and we'll break out of this range. September 9 is just around the corner...
Sweepstakes not canceled.
Here is the website. Took me 10 seconds to find it:)
http://12-themovie.com/sweepstakes.html
Low Volume Days
As a long in TDGI I welcome the recent volume slowdown in light of the facts as they've played out on this board. Occasional low volume helps solidify the true base on this stock. TDGI still stands on its own merits. The audited financials will be out early September. That should be a game changer. I wouldn't want to be flipping this stock and miss out on any wild cards Eric has up his sleeve with the financials or with any T3000 info. The fact that we have heard NO news on the T3000 front is a huge positive to me. I'm nearly 100% sure that if the talks broke down, we'd have heard about it already because Pacificor would mandate we retract the last PR.
I know it's a ghost town in here now, but that can and will change in a heartbeat. Still many eyes on this board, just people gun shy to post in fear of selective enforcement. Good time to dig back through old posts and reassure what you already know.
Or on the flip side, could Eric make a movie with more than 50% animation and the other part live action and still be within his rights? That's a self-defeating question I asked because none of us know what Eric's rights exactly are. But objectively we know Eric has publicly stated he has the animation rights to the Terminator franchise. He has used those rights to earn him a prompt meeting with Pacificor. My thinking is Pacificor must have been intrigued at what Eric is claiming and therefore agreed to a meeting stat. If these rights were of no value or were not legitimate or simply were not worth having, Pacificor wouldn't have agreed to a meeting stat. What I think happened was Pacificor got wind of this info about T3000, the attorney fired off his C&D letter. But what was happening in the background in the midst of all this was Pacificor pulling out the Terminator franchise rights contract Pacificor bought and going line by line to see if indeed things were as Eric says. I'm betting that they immediately saw they don't own the animation rights to Terminator and *poof* there was an agreed upon meeting with Eric. Now three days later, no public comments. Things hopefully are progressing and maybe coming to a meeting of the minds...
Everyone is just waiting for the inevitable news to roll out. We've all beat a dead horse here into oblivion, so I think most people are just keeping their ear to the ground listening for news.
Choppers, I've asked that question a few times over the past 8 months too. I've really reasoned out that there's no way we can lose here at this PPS simply because we're not being diluted. There's a million and one things anyone can say as to why the audit has been delayed, but nobody has offered an answer as to what Eric Parkinson stands to benefit by delaying and delaying the audit. In fact, one could make the argument effectively that it's hurt him personally and financially. That in and of itself is telling to me. If Eric is lying and never intends to produce audited financials - which make no mistake, that's the insinuation, then he needs to re-read his How To Run A Pink Sheet Company And Get Rich handbook again. I mean, if you're going to "allegedly" string people on by delaying an audit that's "never" going to occur, then at least sell some shares or do something to get some benefit from it, right?