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Regardless of our little Picasso, nice day all around. Now we need some news. ETMM is at least 750,000 lighter today after their incessant selling at .038. That bodes well if the PPS does not drop further as whoever our little seller is can't repeat their bash and pump exercise here...
I would love for news to hit afterhours after somebody (ETMM) just parted with hundreds of thousands of shares. Please, Eric, make it happen!
To the Seller at .038
Suppose news comes out in 10 minutes, after the bell, that outlines in detail the BDE or any number of key items we're waiting for? How, oh how would you be able to wash, rinse and repeat if TDGI gapped up?
Think it can't happen? Time is running short for it to not happen.
VERT on the bid at .036 and the ask at .037. Not an everyday occurrence around here.
Oh, the horror! Isn't it funny how the market can mess with your mind? One day we're giddy and excited, the next depressed and anxious. I think by the time we're done here, there will be something aptly named TDGI Syndrome, an emotional syndrome where you experience euphoria and depression simultaneously with each print of the ticker tape.
I hear Twentieth Century Fox is working on a cure for that:)
Easy there Trevstor, no need to be so literal... Someone is dumping lots on the bid, and to me that's killing the bid. Never said that my friend was buying millions of shares either, jeez...
I understand your frustration, we're all frustrated... There will be better days ahead.
TDGI!
He tells me he has a 200k buy order staggered. Can't blame him, folks keep killing any decent bid that's there.
I've got a buddy of mine sitting on the bid at .036 with a sizeable order now for 2+ hours. Nobody's selling any shares to him. Good sign?
Market Ideas for Twelve #2
2. Get one of the stars of Twelve on the Howard Stern radio show. Love him or hate him, that guy polarizes a fan base like nobody else. Best of all, it's free:)
Go TDGI!
What's interesting is historically the number of board reads was always in the 15,000 to 25,000 range for the TDGI board. Now it's up over 60,000 and has been as high as over 100,000 within the past week. I wonder how they calculate it? Any way you slice it, still a lot of interest here. Glad to see TDGI staying atop of the heap!
You're not being negative but keeping it real. Here's what the email said:
"1). Audited materials -- Fred Shefte tells me that some (but not all) of the audited materials are ready to release this week."
You can take that to mean that they're ready to release this week and that they will be released or alternatively that they are ready to be released this week and who knows whether they'll be released. Whether they come this week or next, all they do is add transparency and legitimacy to TDGI. I'm positive the legacy numbers won't have much in them, but the key is we'll have insight into their audited numbers. Maybe then we can put to rest all the chatter about the financials. They really only serve one purpose in my thinking anyway.
65,694 Board Reads
Now, I'm no mathematician, but these numbers have recently changed. The metric by which iHub is calculating a board read is unknown to me, but I do know that more is better. Lots of eyes on this no matter how you measure it!
Go TDGI!
I've heard it said many times that this might be your last chance to get in at some level. Look, the key here is reading all the DD and getting comfortable with the direction Eric is taking us. If you're looking for an investment, then it's a no brainer, you buy now. If you're looking to flip out, then I don't know what to tell you as only the very stealthy have been able to do that here (and maybe not with very much success).
I'm hearing that audited financials will be forthcoming this week. I don't expect much from them in the way of a higher PPS, but you never know. All those audited financials do is put to rest all the naysayers who try to bastardize Hannover.
Good luck in whatever you decide to do. I can only tell you that you will be happier and richer if you just buy and hold...
Agreed, the manipulation is on in full force. I've watched level 2, and it's being pinged down. The name of the game is to see people with massive red on their position here and getting them to sell. But that only happens if you let it. You never know, news can break at any moment. Just remember why you invested here. If you have to, turn the computer off and go do something else. But whatever you do, don't sell into this nonsense.
Well put Engineer. If you're going to sell out people, you'll do it sub .03. I'll significantly add to my holdings if you would like to go there. Just waiting on news like everyone else here...
You know, that wouldn't surprise me one bit. We tend to go down on good news, run on no news and stay flat on the not so good news.
It's like the bizarro world on Seinfeld....
These are great questions, but they're questions that are not likely to be answered. Question, would you expect the CEO of another publicly traded film company to answer these questions? Of course you wouldn't, as it's the company's internal strategy. Hannover is a competitor for box office share with all the other distributors that have films in theaters. I don't see anywhere where another film company is divulging its business strategy for the release of films. I know some of the information isn't necessarily "proprietary", but some of it is.
All that is to say it's great to ask questions, but we're getting a little far afield here expecting Eric to divulge his battle plans. You either believe in him or you don't. I simply can't see where he'd ever release the answers to the questions you ask - as much as I'd want him to. If you choose to base your opinion on Eric and Hannover by the release of Racing Dreams and one weekend of Twelve, that is your prerogative and I think you know what you need to do. But there's no reason to think that Hannover is over and done at this point. In fact, not even close. There's just too much happening with this company both short and long term for them to be written off so soon.
Twelve hasn't performed -- yet. But this story is still being written. You of all people should know when to pronounce something dead. We're still breathing last I checked.
Redji, the audited financials are almost here. I think it's safe to say we'll see them before the end of the month. I too look forward to them as they instantly will elevate TDGI to another level...
That HH library value just went up 4 million too. That's in addition to what they already had. When the audited financials get filed (looking like any day now) we will see what our book value is. Any bets on whether it's better than expected?
TDGI Scores Top Sundance Title "Twelve"
Feb 02, 2010
Target Division Hannover House Scores Top Sundance Title
Theatrical Veteran Tom Ortenberg Tapped to Handle Release
------------------------------------------------
PARK CITY, UT - Sundance Film Festival -- Hannover House, the film and video distribution division of Target Development Group, Inc., prevailed over three other studio bidders at last week's Sundance Film Festival to purchase the North American distribution rights to director Joel Schumacher's acclaimed teen drama, "Twelve." Based on the best-selling book by Nick McDonnell, "Twelve" presents a powerful and insightful look into the secret lives of today's youth, and stars Chase Crawford ("Gossip Girls"), Emma Roberts ("Nancy Drew"), Rory Culkin ("Lymelife"), Ellen Barkin ("Ocean's 13"), Keifer Sutherland ("24") and multi-platinum-selling rap music superstar Curtis "50-Cent" Jackson.
"This is a major acquisition and positive step towards the realization of our 2010 business plans for Hannover House and Target Development Group," said Eric Parkinson, C.E.O. "Major feature titles such as 'Twelve' have tremendous commercial value, and will contribute significantly to our revenues. We are extremely pleased to have prevailed in our acquisition efforts for this title, and are excited about the film's theatrical release plans for this summer."
Hannover House plans to release "Twelve" to theaters on June 18, 2010. The marketing and distribution plan is being handled by industry veteran Tom Ortenberg, who set multiple theatrical releasing achievement records during his 12 years as President of Lionsgate Films. While at Lionsgate, Ortenberg managed the release of more than 100 films including Academy Award winners "Crash" and "Monster's Ball," as well as "Fahrenheit 9-11," the first five "Saw" movies and four successful Tyler Perry / Madea films. Ortenberg will consult with Hannover House through his recently formed entertainment venture, One Way Out Media.
"The principal cast of 'Twelve' shares our enthusiasm for the film's release and will be supporting our premiere and media campaign this summer," said Parkinson.
"The film resonates and connects with today's youth like nothing else I've ever seen. Films such as 'Rebel Without A Cause,' 'Risky Business' and even 'Napoleon Dynamite' have provided a voice for generations of youth to be heard. But 'Twelve' really gets into the hearts and minds of today's teens and young adults," concluded Parkinson.
http://www.marketwire.com/press-release/Target-Division-Hannover-House-Scores-Top-Sundance-Title-1188394.htm
Emma Roberts Nominated For Teen Choice Awards for role in Twelve
ctress Emma Roberts has received a Teen Choice Awards nomination as "Female Choice Summer Movie Star" for her performance in "Twelve." Roberts will be attending the Teen Choice Awards August 8, and will also be a featured presenter. The Teen Choice Awards will be broadcast nationwide on Monday, August 9 on Fox at 8-pm Eastern time / 7-pm Central. Winners are determined by popular votes placed on-line at www.TeenChoiceAwards.com
FYI: Emma Roberts is Julia Roberts Niece.
http://www.imdb.com/title/tt1407084/board/nest/167984505
Yet Another Email from Eric
Posted By Gigolo Jason
Email from Eric:
I wrote Eric and asked for details on the controversy that has sprouted up today. This was his response. If you need a picture I can take one after my son goes to sleep. HTYMP is still ours.
Hi Jason -- Yes, we're swamped today (SUNDAY) as it's 12-days til 12!!! Yikes.
Anyway, let me briefly answer about HTYMP. 1). Yes, we have a fully executed and legally enforceable contract for the film. We intend to enforce it if the producers continue to delay in delivering the materials. 2). We have the $500,000 advance due to the producers segregated and ready to release. However, under the contract, the producers were required to "deliver" on or before June 20th to our lab, and we had approx. 10 days to inspect and accept the materials for technical suitability and completeness-of-documentation. Thereafter, we release the advance of $500k on July 1st. 3). On June 30th, we contacted the attorneys for the production company to ask "what was happening with delivery." Instead of apologetically complying and explaining that they didn't have all the music rights, they adopted a bizarre posture that somehow Hannover House was obliged to pay the advance BEFORE delivery. Such a position is clearly not in the contract and not industry standard. If I weren't so busy with TWELVE, we would have already taken more aggressive actions to compel delivery. And we will in about 2-weeks. But for now, I see it as a distraction of time that I cannot afford... so we simply "indefinitely delayed" the release date and suspended new ads.
Keep the faith. We do what we say we're going to do!
Cheers,
ERIC PARKINSON, CEO
This was my email to him:
Mr. Parkinson:
First off, please accept my apologies for bothering you on a Sunday. There is a lot of speculation floating around and a lot of concern about the status of Happy Thank You More Please. Unfortunately, there is an abundance of misinformation on the internet. May I ask you a few questions on the matter? Does Hannover House have a signed and enforceable contract to release the film Happy Thank You More Please? Is the initial escrow account money different from the advance for the money upon delivery of the master copy? If so, when was the escrow money released?
How are things developing on the other fronts? How are the corporate opportunities developing?
I am still supporting you in your endeavors, but I may be buying more this week if/when the price per share reaches back into the .02's.
Sincerely,
Jason
Photo of Email
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52628399
Another Email from Eric
Posted by: tajitj Date: Thursday, July 29, 2010 10:06:02 AM
In reply to: just-for-fun who wrote msg# 37471 Post # of 37553
Reposting latest Email exchange with Eric via justforfun
I asked Eric some questions about the HH Youtube titles, this is what he sent me.
Hi Gary -- actually, the YouTube titles are just one of about 75 outlets that we'll be opening up in the next few weeks for "the smaller" Hannover House titles. The "bigger" theatrical titles will be going out through a major new venture with 20th Century Fox. So we'll pursue VOD (and all other applicable revenue streams) via parallel paths: smaller, more "direct to video" level pictures will be self distributed on video and V.O.D., whereas major theatrical releases will be handled through our new venture with Fox. It's all good, amazingly good, actually. And it's the beginning of a series of significant new announcements. Best Regards, ERIC PARKINSON
EMAIL FROM ERIC
Part 1 of more than 4 releases, actually. We had to announce the FOX deal before we could announce certain new acquisitions (that had our partnership with FOX as a condition to the acquisition). Also, the audit had been delayed as the titles that are covered under the FOX deal have a much greater valuation than if they were self-distributed by Hannover's own video label... so hopefully, the delays and strategy will all start to come into focus for our shareholders soon! Best Regards, ERIC PARKINSON / Hannover House
"Twelve" 609 Screens Breakdown
Mark my words....no rollout....no numbers.....no promo at least for a while.....
From Hannover House Facebook:
Hannover House Over 600 Theaters Booked for "TWELVE"!!! Film launches FRIDAY on 222 Screens in 56 markets; expands Aug. 30 to approx. 170 more locations, and a second expansion Labor Day for a total fo 609 unique playdates, covering 165 of the 210 DMA markets in the USA! PLEASE, GO SEE "TWELVE" THIS WEEKEND, AND BRING A CROWD!!
222 Screens - August 6
170 Screens - August 20
217 Screens - Labor Day - September 3?
609 Screens Total Run
TDGI: Top 10 Reasons To Invest In TDGI
(By thommygun88 and speckulater)
1.) Target Development Group Has a New Distribution Pact With 20th Century Fox:
"Twelve" Will Benefit From Distribution Pact With 20th Century Fox Home Entertainment. Twentieth Century Fox Home Entertainment will distribute the title on DVD, Blu-ray Disc, Video-On-Demand and other non-theatrical media in early 2011.
http://finance.yahoo.com/news/Hannover-House-Announces-the-iw-2468640685.html?x=0&.v=1
From the Hannover House Facebook Page:
"Hannover House is pleased to announce our new distribution relationship with 20th Century Fox Studios, commencing with "TWELVE." This venture represents a tremendous new growth opportunity for Hannover House. Stay tuned!"
2.) Assets worth over $21 million:
As of September 30, 2009, the unaudited and unreviewed balance sheet for TDGI listed total assets of $21,112,938, including a library valuation of $16,015,670 (the value of the Hannover library does not include recently acquired titles and other libraries added since Dec. 1, 2009).
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=27997
3.) Exponential 2010 Growth:
Projecting 2010 Revenue of $22-$39 million with earnings of $3.75-$8.55 million dollars.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52133892
4.) New Projects Pipeline:
VI-a). Base Business Forecasts for 2010 – Based upon the Company’s current release slate of 30 video releases, 4 theatrical titles (now 6) and 5 books in 2010:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=27997 (Page 6)
The 6 Releases to Theaters Include:
a) "Racing Dreams": Award-winning documentary from academy Award-nominated documentary filmmaker Marshall Curry.
b) "Twelve": Joel Schumacher's teen thriller starring Chase Crawford, Emma Roberts, 50 Cent and Kiefer Sutherland.
c) "The Wild Hunt": Award-winning action/adventure
d) "Happythankyoumoreplease": 2010 Sundance Film Festival Audience Award winning debut from writer-director-actor Josh Radnor ("How I Met Your Mother") starring Josh Radnor, Malin Akerman and many more.
e) 2 Unannounced Major Titles for the fall of 2010
5.) Experienced, Competent, Share-Holder Friendly CEO:
Eric Parkinson Former NASDAQ CEO of Hemdale Communications, Inc. where he managed to achieve more than $150-million in revenues through the release of 90 feature films. Including "The Terminator" and Oscar Winner "Platoon".
http://www.imdb.com/name/nm0003826/bio
http://en.wikipedia.org/wiki/Eric_Parkinson
http://www.empirefilmgroup.com/eparkinson.html
6.) In process of Financial & Library Audits with Hogan Taylor, LLP: To become SEC Compliant and Uplist to a higher stock exchange
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51949024 (Questions 5,6,7)
7.) Low share structure:
A/S 700,000,000 (recently reduced from 10 billion that was inherited from the reverse merger)
O/S 461,206,692
Float: 269,600,578
Restricted: 191,606,114
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51964738
http://www.marketwire.com/press-release/Update-on-Target-Development-Group-Corporate-and-Financial-Matters-1144319.htm
https://wyobiz.wy.gov/Business/FilingDetails.aspx?FilingNum=2009-000565408
8.) No Dilution Policy:
Share Structure unchanged since TDGI formed in December 2009.
ITEM “C” – Limitation on Future Stock Issuances – The Board held a discussion and unanimously agreed to not pursue new financing for the company that would require an issuance of additional common or preferred shares.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=28922
9.) Established Distribution Footprint:
Nationwide Key Retailers carrying Hannover House products include thousands of independently owned and operated retail video stores and book stores, including Barnes & Noble, Best Buy, Blockbuster Video, Borders Group, Circuit City, Fred Meyer Group, Hastings, Hollywood Video, Movie Gallery, SAM’S Club, Transworld Group and Wal-Mart as well as all major Internet retailers.
http://www.hannoverhouse.com/key-retailers/
10.) Lucrative Business With Opportunities For Growth:
"We're looking for a film we can hang our hat on," Parkinson said. He points to Summit Entertainment as an example of a company that went through an instant transformation. The company had annual revenues of $8 million, he said, and then it acquired the rights to Stephanie Meyer's Twilight series. When "Twilight" came out, their revenue grew to $400 million, Parkinson said. The second film in the series, "Twilight Saga: New Moon" was released in November and grossed almost $700 million worldwide. Summit will release the third film, "Eclipse," in June. "We're in the same business," Parkinson said. "If we can acquire a franchise like that, we can transform our company from $10 million annual business to a $500 to $600 million annual business."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45856009&txt2find=
Appreciate you coming here and posting your thoughts. Contrary to what many think, it's okay to voice contrarian opinions here. But the facts are the facts. Glad you're invested with TDGI. Here on iHub, things aren't always as they seem.
Hannover House Announces the National Theatrical Release of Joel Schumacher's Expose, "Twelve," Beginning August 6
Film Will Benefit From Distribution Pact With 20th Century Fox Home Entertainment
NEW YORK, NY, Jul 27, 2010 (MARKETWIRE via COMTEX) -- Target Development Group Inc. (PINKSHEETS: TDGI) -- "TWELVE," the acclaimed new thriller from renowned director Joel Schumacher, will receive a national theatrical release beginning August 6.
Based on the controversial Nick McDonnell novel, "TWELVE" follows high school dropout turned successful drug dealer White Mike (Chace Crawford) in New York's Upper East Side. Business is booming when all of the kids are home from boarding school and everyone has money to blow. Mike leads a double life, concealing the truth from his childhood friend Molly (Emma Roberts) while his supplier Lionel (Curtis Jackson, aka 50 Cent) pulls Mike further into the world of the Manhattan drug trade. Mike's two lives begin to collide when his cousin is brutally murdered on an East Harlem playground and a new drug, twelve, emerges as the recreational drug of choice.
A bold portrait of indulgence and tragedy among privileged teenagers, "TWELVE" premiered at the Sundance Film Festival earlier this year and will be released to theaters nationwide by Hannover House beginning August 6. Twentieth Century Fox Home Entertainment will distribute the title on DVD, Blu-ray Disc, Video-On-Demand and other non-theatrical media in early 2011.
"TWELVE" is the first major acquisition and wide theatrical release for Hannover House, which has been publishing books since 1993 and distributing DVDs since 2002. Prior theatrical releases for Hannover House include the Dakota Fanning drama, "Hounddog" in 2008, the praised baseball buddy-film "War Eagle, Arkansas" last summer and the award-winning kart racing documentary "Racing Dreams," now in theatres. The Hannover House home entertainment library includes exclusive U.S.A. distribution rights to over 175 DVD and Blu-ray Disc releases.
Hannover House is the entertainment and media distribution division of Target Development Group, Inc. (PINKSHEETS: TDGI) (Other: www.HannoverHouse.com).
About Twentieth Century Fox Home Entertainment Twentieth Century Fox Home Entertainment, LLC (TCFHE) is a recognized global industry leader and a subsidiary of Twentieth Century Fox Film Corporation, a News Corporation company. Representing 75 years of innovative and award-winning filmmaking from Twentieth Century Fox, TCFHE is the worldwide marketing, sales and distribution company for all Fox film and television programming, acquisitions and original productions on DVD, Blu-ray Disc Digital Copy, Video On Demand and Digital Download. The company also releases all products globally for MGM Home Entertainment. Each year TCFHE introduces hundreds of new and newly enhanced products, which it services to retail outlets from mass merchants and warehouse clubs to specialty stores and e-commerce throughout the world.
TDGI CEO Eric Parkinson BIO
Mini Biography
Parkinson is known within the industry primarily for his film marketing and distribution skills, especially with respect to the U.S. Home Video Market. As a film distributor, he has handled the release of over 750 titles, including major hits such as "The Terminator", "Little Nemo" and "Highlander 2". Schooled primarily in film production (University of Kansas), Parkinson is also a skilled filmmaker, with extensive production credits, and a directorial (feature) debut in the works. As a child, Parkinson was considered a musical prodigy with performance level classical piano training, awards and accolades.
As of 2010 he is the CEO of Hannover House, the film and video distribution division of Target Development Group, Inc. (OTCBB: TDGI). Hannover House is an entertainment media distributor, specializing in the manufacture and release of prerecorded movies and programs onto DVD and Blu-Ray video devices, and the publication of literary and non-fiction books. Hannover is also active in the release of higher-profile films to theaters and to the domestic (North American) television markets.
http://www.imdb.com/name/nm0003826/ style='background-color:yellow;'>bio
An old Bio from his days at Empire Film Group:
ERIC PARKINSON - DISTRIBUTION CONSULTANT
As President and C.E.O. of Truman Press, Inc. (d/b/a “Hannover House”) since January of 2002, Parkinson expanded the company’s product scope from book publishing into the growing DVD production and distribution marketplace. In only five years, Parkinson has built the film and DVD catalog for Hannover House to over 170 titles. Hannover has direct sales relationships with most of the key USA mass merchants and video retailers, as well as theatre chains, book sellers and other forms of film distribution.
Prior to Empire/Hannover, Eric founded and managed (as CEO/President) Hemdale Communications, Inc. and Hemdale Home Video, Inc., a NASDAQ Traded, Independent Video and Film Distribution Studio. During Parkinson’s five-year contract with Hemdale, he managed the business to achieve more than $150-million in revenues through the release of 90 feature films. Parkinson has over twenty-four years of experience as a President or C.E.O. in the Motion Picture, Television, Video and International Film Distribution industries, handling all aspects of acquisition, production, campaign design, publicity, advertising and marketing implementation, as well as the administration and management of support staff of over 100 employees. As a motion picture marketing executive, Parkinson has had more #1 best selling titles than any other independent distributor in North America, and has more R.I.A.A. Gold or Platinum certified hits than any other marketer. Parkinson has also produced 20 feature films, over 30 made-for-video programs, and released over 800 titles to the U.S. video marketplace. Former # 1 best-selling titles for Parkinson include "Terminator", "Little Nemo" (both BILLBOARD # 1 titles), "Savage Land", "Magic Voyage" and "Highlander: The Gathering" (all Video Business Magazine # 1 titles).
Eric attended Wichita State University and the University of Kansas where he majored in Radio, Television-Film. He is also founder and a board member of the $100-million dollar "Science Springs" museum project for N.W. Arkansas, a world-class, Smithsonian-affiliated museum complex to showcase and explain science and technology.
http://www.empirefilmgroup.com/eparkinson.html
from Wikipedia
Eric F. Parkinson (born December 15, 1958) is an American entertainment producer and distributor, and is CEO of Target Development Group, Inc. and Hannover House.
Background
A former news photographer for NBC-Affiliate station KKRD in Wichita, Kansas, Parkinson moved to Los Angeles in 1983 and began working in the emerging home video industry at Continental Video, Inc. He won his first RIAA Platinum Sales Award the next year with his ABC-Sports co-production release of "The 1984 Summer Olympic Highlights" video, the first of 137 sales achievement awards to be earned over the next 25 years.
From 1985 to 1988, Parkinson was President of the specialty video production company, Twin Tower Enterprises, Inc. From 1989 to 1991, he was President of A.I.P. Home Video, Inc., before moving to Hemdale Film Corporation in March 1991 to become President of Hemdale Home Video, Inc. and Hemdale Communications, Inc., with partners John Daly and Derek Gibson. From 1996 to 2001, Parkinson was a partner in Plaza Entertainment, Inc. (with John Herklotz and later with Charles von Bernuth), and in January 2002, he took over sales, marketing and eventually the ownership of Truman Press, Inc., d/b/a "Hannover House" a respected, botique book publishing company, and added a DVD products line.
In December, 2009, Parkinson and his operating partner at Hannover House, D. Frederick Shefte, entered into an agreement to merge with the publicly-traded Target Development Group, Inc., in order to create a financing structure to facilitate the company's move into higher-profile, theatrical level films and release activities.
Current releases for Target / Hannover House include the May 18th theatrical release of The Wild Hunt from director Alexandre Franchi; the May 21st theatrical release of Racing Dreams (film), from Academy Award nominated director Marshall Curry; the July 18th theatrical release of Twelve (film) from legendary director Joel Schumacher starring Chace Crawford, Emma Roberts and 50 Cent; and the August 27th release of Happythankyoumoreplease from writer-director-actor Josh Radnor.
Hannover House also distributes a library of over 175 titles, including Hounddog starring Dakota Fanning, and the award-winning family drama, War Eagle, Arkansas starring Brian Dennehy, Mare Winningham, Mary Kay Place, Luke Grimes, and newcomer Dan McCabe. Other upcoming releases include "The Countess" starring Julie Delpy and William Hurt, Chelsea on the Rocks from film director Abel Ferrara, and the science fiction animated adventure Thru the Moebius Strip.
Parkinson has also produced or executive produced over forty feature films and television specials, and is currently at work on his film directing debut with ShadowVision a science-fiction thriller for release in 2011.
Personal
Parkinson attended the University of Kansas beginning in the Fall of 1977 and was a member of the varsity football team, while majoring in Film and Television.
Eric is the brother of Mark Parkinson, the Governor of Kansas.
http://en.wikipedia.org/wiki/Eric_Parkinson
Eric Parkinson has brought in an old friend from his days at Hemdale in the form of industry veteran Tom Ortenberg, to assist Hannover House in the release of their acquired films for distribution. Tom was President of Theatrical Distribution for Hemdale while Eric Parkinson was President of Hemdale Home Video, Inc. the video distribution arm of Hemdale Communications. After leaving Hemdale, Tom became President of Distribution at Lionsgate where he stayed for 12 years. Tom, set multiple theatrical releasing achievement records during his 12 years as President of Lionsgate Films. While at Lionsgate, Ortenberg managed the release of more than 100 films including Academy Award winners " Crash " and " Monster 's Ball," as well as "Fahrenheit 9-11," the first five "Saw" movies, and four successful Tyler Perry / Madea films. Ortenberg will consult with Hannover House through his recently formed entertainment venture, One Way Out Media.
https://docs.google.com/Doc?docid=0AX6y5qD4PXUsZGN6czQzYzRfMWZnczJjMmYy&hl=en
CEO Eric Parkinson Video Interview At Sundance Film Festival 2010:
http://link.brightcove.com/services/player/bcpid63890712001?bctid=63906860001
TDGI
Let me share with you why I invested in TDGI.
First, I really like the fact that Eric is hanging a shingle for himself out there and trying to make a name for himself and HH in the indie film market. I own a successful business, and I too didn't come out of the gate hitting homeruns. If my personal business were to play out publicly here, none of you would have stayed invested with me because almost nothing I wanted to happen in the time I thought it would happen did happen. But I learned and kept pressing on evolving and adapting my business plan at each turn. Now I sit out almost 9 years later and my company is a success.
Second, I really like the opportunity to get in on the ground floor. We aren't going to the basement here as TDGI will not be diluting us. Getting in on the ground floor means to me that there will be lots of stops on lots of floors on our way to where we're going. Those stops are opportunities for HH to refocus and adapt.
Third, I really like the business plan laid out by HH. They aren't a one trick pony. Many of us here from December-January know that HH has multiple revenue streams. Statistically, only one of the films has to hit big to really put HH on the map. I personally never thought Twelve was it. But I believe when all is said and done, Twelve will make a profit. That said, there are more films, a legacy library and books, DVDs and VOD that add to the bottom line here.
These are the major reasons I invested here. There are many more, but this highlights what makes this an appealing company to me. I expected there would be stops on floors I didn't want to get off on. Don't lose sight of the fact that HH still will file audited financials and has plans to uplist. Don't forget that HH still has other films to release in 2010, a few of which haven't been announced. Don't forget that HH has sold many books, most of which we have no idea how many. Don't forget that HH will not be diluting us. Don't forget that HH structured the off balance sheet financing so that any film that tanks won't hurt shareholders.
I know it seems like there's good reason at this moment to second guess yourself, but there are far more reasons to sit tight and let HH unravel what they have planned. I for one plan on being here as long as they remain honest and don't dilute.
Redji, nice post. Finally, a voice of reason here today. This board is degenerating into a spiral of negativity. Maybe we'll finally clear out all the folks who never understood that TDGI truly is a long term play. I for one didn't expect much from this weekend alone, let alone Twelve period. A lot of hype crept in lately as to how well Twelve should do. But standing back and seeing why I invested in TDGI, it certainly wasn't only for the release of Twelve.
Great perspective Choppers. I'm with you, I have funds for the purchase of people selling their shares Monday if they are so inclined. I too am in this for the long haul, and I know darn well that this weekend was not a make or break for TDGI. We will be just fine...
Its actually laughable, Duke. No way Twelve only does approximately 100k this weekend. If so, I'll relinquish my mod spot to asrmal...
Read the Top Sticky Re: Weekend Projections
Some have already started reporting the numbers as of Saturday morning. Think for yourself, people. This is starting earlier than I expected.
To balance the board, my sources say Twelve has brought in 50 million already. I think you get the point. Stop and think about what you're reading...
We're Talking About Audited Financials?
Wow, some folks really surprise me. We've waited a long time to get to this day, where one of TDGI's larger films gets released. We're literally experiencing this real time as we write this, and yet some folks are still talking about the audited financials and cooking books, etc.
I know different things are important for different reasons to different folks, but come on. There is no good reason to be discussing audited financials at this moment in time, period. This is a major accomplishment and event for TDGI. Can't we put aside agendas for the time being and enjoy the moment?
Agreed. Top of the morning to everyone!
Go TDGI!