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No. Right now all I have is my free shares of TDGI. Hope to start trading next Monday.
You and your thoughts are always welcome here.
The board is suppose to be stock friendly during the day. After market close the board has been open to respectful and friendly discussion. Now if name calling were to appear, messages will be deleted. While I probably disagree with most of my conservative friends they have always been respectful of me and my musings and I them.
All people can be wrong on any given day. Look at QASP history. Look at boards that discuss stocks with out pumping but actually discuss stocks. No one likes losing money, however if you really trade and not trying to make an unrealistic amount of money QASP has been good to traders. Ihub was created to discuss stocks, some of us actually do that and are not Rha Rha people but realist who discuss a situation at hand. I can promise you I and others have been on both sides of a stock. Sometimes we share what we have learned. Now you can think we are all wet, but 99.9 percent of the time we are not. Why? we got burnt and learned before some people have.
TDGI
Posted by: rylawi Date: Friday, July 02, 2010 1:25:48 PM
In reply to: None Post # of 34240
Eric's answered questions. I placed our questions in bold black and his answers in red text.
1 Can you share with us a schedule of upcoming HH-published book releases? The film release schedule is well-documented, but whatever books are in the pipeline are more obscure (at least for me to find).
Answer: We have acquired five significant book properties that have not been announced. This is due to several factors, the most critical of which is due to an existing (but soon-to-expire) distribution venture with NBN Books for wholesale delivery to certain key accounts. We prefer to wait until the NBN agreement ends in August before we announce these titles, as announcing them now could result in key account orders being placed through NBN (and we prefer to ship them directly and make the additional sales margins).
2 How many theatres will Twelve be in?
Answer: As of July 1st, we have confirmations for 199 locations, of which 155 are set for August 6th and 44 are for secondary markets to roll into on Aug. 13, Aug. 20 and Aug. 27. We are right in the middle of the bookings process, and fully expect that we'll have 250 to 300 primo locations set for August 6th... with about 150 to 200 "expansion or roll-out" markets in the weeks to follow the launch.
3 Will the big news come out by the end of June as you stated in a recent NR?
Answer: There are actually four significant pieces of "news," any one of which would qualify as big. When these are announced, you will not have to wonder "gee, is this one of the big news items or not?" because it will be quite obvious. We had hoped that all four items would be ready to release by June 30, but that has proven impossible, primarily due to a delay in what we feel (logically) should be 'the first news' announcement, which involves a venture with another (much larger) company. It would be difficult to discuss the other three items without the foundation set of the first announcement. I will be back in L.A. next week, and we will press to make the "joint announcement" that will trigger the release of the other three items.
4 What are the current plans/timeline for Racing Dreams?
Answer: Well, it would be inaccurate to characterize the initial launch of "Racing Dreams" to multiplexes as any form of success. It was not. We focused in on "NASCAR-friendly" markets in the S.E., had heavy support from NASCAR and the racing industry media, had great P.R., great reviews, lots of trailer and poster visibility and heavy newspaper ad support. We spent about $200,000 total to gross an initial weekend of around $20k, which is pretty bad math, in my humble opinion. So we've "regrouped" and refocused the campaign. Next weekend, we open at the IFC Theater in New York City, focusing to an audience that's "documentary friendly" or keen in independent cinema. We think this has a greater likelihood of success than mainstream multiplexes. We're opening July 23 in six theaters in Los Angeles (all "art-or-doc" friendly locations), and have a slate of dates lined up through Landmark calendar houses and digital locations. We decided to cancel the 100+ theater expansion opportunity through ScreenVision as all of the ScreenVision locations are all multiplexes, and we felt that booking the film and doing little business would hurt Hannover's reputation with these key theater chains (we've transferred our ScreenVision support programs to enhance "Twelve" instead). We think there's still a reasonable goal of 100-total locations for "Racing Dreams" by September.
5 When can we expect audited financials? Are the audited financials done and you have just not made them public yet? If not done, when do you expect they will be. Seems to be a sticking point with some.
Answer: Hogan Taylor is performing full year-end audits for 2008 and for 2009, plus reviewed quarterly reports for 3-31-10 and 6-30-10. We will give them the June 30 worksheets later today. I hate to predict when all this will be completed, because they've already taken weeks longer than originally forecast. I can say that it's my hope and goal (and we'll be pressing them hard) to have all these reports and audits completed and ready to post by July 16.
6 What would be your guess on how soon we will uplist to OTCBB or AMEX?
Answer: All the audit activities have been pursued with the intention of compliance to fully reporting status, which would quality the company to look for uplist opportunities. I know that we will move as quickly as possible and allowable to pursue these opportunities, but I do not know how many weeks or months the entire process will take.
7 Assuming the audit is completed, how soon would the results be filed with the S.E.C.?
Answer: Next day following receipt from Hogan Taylor, we will post to the OTC Pinksheets. I'm an not certain if the Pinksheets filing would constitute a filing with the S.E.C.? Fortunately, we have corporate and securities counsel, so if we need to file with the S.E.C. separately from the Pinksheets, they will instruct us accordingly.
8 What do you feel is a fair current valuation of the stock price - and what is your 12 month target share price, based on new releases and other developments in the pipeline for the company?
Answer: Based on the titles already in the library as of 12-31-09, and the release plans for those specific items -- and further taking into account the total of all common, restricted and preferred shares in issue, as well as the current Price-Earnings ratios for publicly traded media companies -- we feel the current TDGI stock should be $.13 to $.15 per share. As you know, new capital in both equity and off-balance sheet forms (along with significant vendor credit lines) have been obtained during 2010, and some significant properties have since been acquired for release. The new titles could significantly spike the company's gross revenues for F/Y/E 2010 as well as gross profits... in which case, the share price should be higher, presuming all other stock market factors remain at present assumptions.
9 Eric's 6/17/10 email to the group said $300K debt was paid and $300K cash was received as of 3/31/10, with $1.2M in term payments still due. 200M shares were issued and are included in the O/S for the $1.8M. Have all 200M shares been given to these investors, and are they able to sell these shares before full payment is received by TDGI?
Answer: We were satisfied with the payment schedule of the $1.5-mm (on top of the $300k in debt), and have already released the 200-mm shares. Most of the balance still due (less funds paid in Q2) will be utilized in support of the theatrical release of "TWELVE."
10 How did the press day for twelve go?
Answer: Confusing question. We had a successful press day for "TWELVE" at ShoWest in March. But the "official Press Media Day" for the film in New York City is July 28. We have confirmations from all major entertainment media to attend and cover interviews with our cast that day. FYI, that morning starts with 50-Cent on "THE VIEW", followed by our press day, and then 50-Cent on "LETTERMAN" followed by our official movie premiere at the Landmark Sunshine Theater in New York City, with a major after-party event cosponsored by Andrew Safir Promotions, MTV and Cosmopolitan.
11 What is the specific reason for the significant time delay in posting the audited financials (corporate opportunity, library valuation, etc)?
Answer: The questions makes several assumptions that are not based in fact. It suggests that the audited financials have been delayed due to some 'specific reason' when in fact, Hogan Taylor has encountered no problems at all (other than the voluminous review work involved with 2-1/2 years of audits and reviews).
12 Are you getting distribution rights to the new Michael Jackson movie from Sony?
Answer: I would have thought that most were aware that Michael Jackson died on June 25, 2009. I'm unaware of any new Michael Jackson movie in the works, although there was a concert documentary late last year called "This is It." No, we're not dealing with any new Michael Jackson projects.
13 Any plans for a corporate shareholder conference call in the near future?
Answer: Had not been previously suggested. Might be a good idea, but not until we release the audits and the first of our key venture announcements. We have, however, planned to have a shareholder "discussion" call set up, as Fred and I want to obtain as close to 100% shareholder consensus as reasonably possible, before closing one of the four ventures.
14 Do you and Fred have any type of plans, other than performing well and making a ton of money, to bring new, large investors to the table? Are you working with any market makers?
Answer: We are not working on any equity financings or with any "Market Makers." During the time that Hannover House was attempting to merge into Empire Film Group (2008 and until June 2009), we watched the Empire stock price plummet from $3.00 to $.02 cents, which arguably could be attributed to "Market Makers" who talk a fast game and promise a lot of funding, but ultimately proved to be shorters looking for a way to jam down the price in order to obtain shares at a discounted level below the ever spiraling share price. So I have no interest in dealing with Market Makers and no interest in issuing shares for working capital. What we've found to be a wiser strategy is pursuing vendor credit lines (with liens against receivables), and pursuing private investors for "off-balance-sheet" ventures for bigger title acquisitions (wherein we provide the outside investors with a percentage of Hannover's distribution fees for specific titles, and achieve this without having to issue new shares and dilute the stock).
15 From everything we've learned, the big deal you're working on will be more complex than a simple merger or target of acquisition. This can lead to a lot of confusion on the part of investors - if the deal goes through, are you planning on holding a conference call to explain the intricacies & address Q&A?
Answer: Again "the big deal" is actually four ventures, so all the speculation is either mental masturbation or intentional misrepresentation designed to drive down our share price before the news is released. As stated previously, part of our news will be discussed with shareholders prior to implementation,.
16 How many copies of the book Made in the USA have you sold so far?
Answer: We sold our initial pressing of 40,000 copies, but do not have depletion results for how many are still in bookstores. We have a major legislative initiative with the U.S. Senate, the "Made in the USA" initiative, that was delayed form announcement in early May, and moved to the July session. We believe that the national media coverage likely to result from the news of a bill in Congress will create a major spike in sales for "Made in the USA" and will likely necessitate a reprinting.
17 Are you able to comment if Tom Ortenberg is related to the deal?
Answer: Tom is committed to be our consultant through September. Until last week, we were his only client (but he is now handling a Brad Pitt film for Apparition Releasing / likely set for October or November). He will be available to continue on with us as a consultant beyond September, if we so elect. He has also indicated his receptivity to joining the company on an exclusive basis; but he has expressed similar sentiments to stepping in at MGM. So his status is in flux.
18 How can one see all comments on the Hannover House Facebook page? If we need to be a "friend," how is that accomplished?
Answer: I will refer this question to Susannah Patton.
19 In the May19th PR, you mention two new releases for the fall in addition to four announced. Are the two new ones in addition to "The Countess" and "Thru the Moebius Strip"?
Answer: No, those two titles have already been announced. The unannounced titles have not yet been announced. They are major titles, and as such, require a coordinated announcement with the production entities.
20 How much capital does Hannover currently have at its disposal to complete future negative pickups? What sources of future financing are contemplated?
Answer: We're not doing "negative pick-up" deals. I do remember that term from the 1980's however, back when production ventures were not sophisticated in structure. Most of the deals Hannover / TDGI has closed (or are pursuing) are for the North American rights to already produced / completed features. This is a far safer business model than investing in scripts and hoping-to-hell that the movies turn out to be watchable / releasable. Our financing sources for acquisitions include cash flow from current and upcoming releases, and the ongoing availability of off-balance-sheet private investors for specific title acquisitions. For instance, we had a private investor group supporting a Hannover TDGI bid of $17-million for the franchise rights to "TERMINATOR" (we did not win this bid, as Pacificor prevailed at $29.5-million!). If we had tried to raise $17-million through a TDGI stock venture at $.03 per share, that would have required the issuance of about 566-MILLION shares of stock, effectively doubling our total shares. Not a great idea. I do think it's exciting that Hannover / TDGI is being invited into such high profile opportunities as the "TERMINATOR" franchise, and that we have significant off-balance sheet sources available for big ventures.
21 How does Hannover finance its P&A?
Answer: Already answered, but for clarity, I'll cover the film "TWELVE." Of the $2.2-million being spent on "TWELVE," approx. $1-mm is from cash (mostly from the stock venture) and about $1.2-mm is from vendor credit lines (with the broadcast agency, the newspapers and the labs). As we collect the revenues from "TWELVE," we'll use receipts to pay off (and "replenish") our vendor credit lines, and we'll recycle the $1-mm or so in cash expenditures into future releases. Basically, we'll keep rebooting the same $2-mm to $2.5-mm every six to eight weeks. If we need more funds, then we have the option of investing some of our distribution fee income, or accessing off-balance sheet private participant funds.
22 Why did Fotis (of old TDGI) receive a presentation / Exec Producer credit on Twelve? Is he involved with the company going forward?
Answer: Fotis introduced Hannover to the TDGI opportunity, but is not involved with the management, board, etc... Regarding "TWELVE", he was one of the partners in the private group that raised the off-balance sheet funds that enabled Hannover House to acquire this major title. His "deal" was that he would get a shared presentation credit. His other partners declined.
23 What firms performed the library valuations on TDGI? Are their valuations in line with the value presented in Hannover's unaudited balance sheet?
Answer: I will need to check if this is information to be disclosed. However, the two separate,independent valuation reports were both from top executives in the entertainment industry; one was a former library valuator at Houlihan Lokey Howard & Zukin; the other is a 30-year distribution veteran who knowledge of film values is so accurate, that he's often utilized as an expert witness in litigations against the studios. But like I said, I'm not confident that they want general public dissemination of their participation in evaluating the library.
24 Do you contemplate resetting the company's ticker to reflect the name and business of the company?
Answer: It's been discussed as an option, but for now, it's okay to stay as TDGI.
25 If TDGI is moved to another exchange such as OTCBB or other, do you think a reverse split will be in the cards to get the PPS higher?
Answer: Moving TDGI to OTCBB and doing a reverse split to get the PPS higher is not being considered. I'm unsure if such a move has ever resulted in a sustainable higher PPS, but perhaps you know of some exceptions.
TDGI
Posted by: rylawi Date: Friday, July 02, 2010 1:25:48 PM
In reply to: None Post # of 34240
Eric's answered questions. I placed our questions in bold black and his answers in red text.
1 Can you share with us a schedule of upcoming HH-published book releases? The film release schedule is well-documented, but whatever books are in the pipeline are more obscure (at least for me to find).
Answer: We have acquired five significant book properties that have not been announced. This is due to several factors, the most critical of which is due to an existing (but soon-to-expire) distribution venture with NBN Books for wholesale delivery to certain key accounts. We prefer to wait until the NBN agreement ends in August before we announce these titles, as announcing them now could result in key account orders being placed through NBN (and we prefer to ship them directly and make the additional sales margins).
2 How many theatres will Twelve be in?
Answer: As of July 1st, we have confirmations for 199 locations, of which 155 are set for August 6th and 44 are for secondary markets to roll into on Aug. 13, Aug. 20 and Aug. 27. We are right in the middle of the bookings process, and fully expect that we'll have 250 to 300 primo locations set for August 6th... with about 150 to 200 "expansion or roll-out" markets in the weeks to follow the launch.
3 Will the big news come out by the end of June as you stated in a recent NR?
Answer: There are actually four significant pieces of "news," any one of which would qualify as big. When these are announced, you will not have to wonder "gee, is this one of the big news items or not?" because it will be quite obvious. We had hoped that all four items would be ready to release by June 30, but that has proven impossible, primarily due to a delay in what we feel (logically) should be 'the first news' announcement, which involves a venture with another (much larger) company. It would be difficult to discuss the other three items without the foundation set of the first announcement. I will be back in L.A. next week, and we will press to make the "joint announcement" that will trigger the release of the other three items.
4 What are the current plans/timeline for Racing Dreams?
Answer: Well, it would be inaccurate to characterize the initial launch of "Racing Dreams" to multiplexes as any form of success. It was not. We focused in on "NASCAR-friendly" markets in the S.E., had heavy support from NASCAR and the racing industry media, had great P.R., great reviews, lots of trailer and poster visibility and heavy newspaper ad support. We spent about $200,000 total to gross an initial weekend of around $20k, which is pretty bad math, in my humble opinion. So we've "regrouped" and refocused the campaign. Next weekend, we open at the IFC Theater in New York City, focusing to an audience that's "documentary friendly" or keen in independent cinema. We think this has a greater likelihood of success than mainstream multiplexes. We're opening July 23 in six theaters in Los Angeles (all "art-or-doc" friendly locations), and have a slate of dates lined up through Landmark calendar houses and digital locations. We decided to cancel the 100+ theater expansion opportunity through ScreenVision as all of the ScreenVision locations are all multiplexes, and we felt that booking the film and doing little business would hurt Hannover's reputation with these key theater chains (we've transferred our ScreenVision support programs to enhance "Twelve" instead). We think there's still a reasonable goal of 100-total locations for "Racing Dreams" by September.
5 When can we expect audited financials? Are the audited financials done and you have just not made them public yet? If not done, when do you expect they will be. Seems to be a sticking point with some.
Answer: Hogan Taylor is performing full year-end audits for 2008 and for 2009, plus reviewed quarterly reports for 3-31-10 and 6-30-10. We will give them the June 30 worksheets later today. I hate to predict when all this will be completed, because they've already taken weeks longer than originally forecast. I can say that it's my hope and goal (and we'll be pressing them hard) to have all these reports and audits completed and ready to post by July 16.
6 What would be your guess on how soon we will uplist to OTCBB or AMEX?
Answer: All the audit activities have been pursued with the intention of compliance to fully reporting status, which would quality the company to look for uplist opportunities. I know that we will move as quickly as possible and allowable to pursue these opportunities, but I do not know how many weeks or months the entire process will take.
7 Assuming the audit is completed, how soon would the results be filed with the S.E.C.?
Answer: Next day following receipt from Hogan Taylor, we will post to the OTC Pinksheets. I'm an not certain if the Pinksheets filing would constitute a filing with the S.E.C.? Fortunately, we have corporate and securities counsel, so if we need to file with the S.E.C. separately from the Pinksheets, they will instruct us accordingly.
8 What do you feel is a fair current valuation of the stock price - and what is your 12 month target share price, based on new releases and other developments in the pipeline for the company?
Answer: Based on the titles already in the library as of 12-31-09, and the release plans for those specific items -- and further taking into account the total of all common, restricted and preferred shares in issue, as well as the current Price-Earnings ratios for publicly traded media companies -- we feel the current TDGI stock should be $.13 to $.15 per share. As you know, new capital in both equity and off-balance sheet forms (along with significant vendor credit lines) have been obtained during 2010, and some significant properties have since been acquired for release. The new titles could significantly spike the company's gross revenues for F/Y/E 2010 as well as gross profits... in which case, the share price should be higher, presuming all other stock market factors remain at present assumptions.
9 Eric's 6/17/10 email to the group said $300K debt was paid and $300K cash was received as of 3/31/10, with $1.2M in term payments still due. 200M shares were issued and are included in the O/S for the $1.8M. Have all 200M shares been given to these investors, and are they able to sell these shares before full payment is received by TDGI?
Answer: We were satisfied with the payment schedule of the $1.5-mm (on top of the $300k in debt), and have already released the 200-mm shares. Most of the balance still due (less funds paid in Q2) will be utilized in support of the theatrical release of "TWELVE."
10 How did the press day for twelve go?
Answer: Confusing question. We had a successful press day for "TWELVE" at ShoWest in March. But the "official Press Media Day" for the film in New York City is July 28. We have confirmations from all major entertainment media to attend and cover interviews with our cast that day. FYI, that morning starts with 50-Cent on "THE VIEW", followed by our press day, and then 50-Cent on "LETTERMAN" followed by our official movie premiere at the Landmark Sunshine Theater in New York City, with a major after-party event cosponsored by Andrew Safir Promotions, MTV and Cosmopolitan.
11 What is the specific reason for the significant time delay in posting the audited financials (corporate opportunity, library valuation, etc)?
Answer: The questions makes several assumptions that are not based in fact. It suggests that the audited financials have been delayed due to some 'specific reason' when in fact, Hogan Taylor has encountered no problems at all (other than the voluminous review work involved with 2-1/2 years of audits and reviews).
12 Are you getting distribution rights to the new Michael Jackson movie from Sony?
Answer: I would have thought that most were aware that Michael Jackson died on June 25, 2009. I'm unaware of any new Michael Jackson movie in the works, although there was a concert documentary late last year called "This is It." No, we're not dealing with any new Michael Jackson projects.
13 Any plans for a corporate shareholder conference call in the near future?
Answer: Had not been previously suggested. Might be a good idea, but not until we release the audits and the first of our key venture announcements. We have, however, planned to have a shareholder "discussion" call set up, as Fred and I want to obtain as close to 100% shareholder consensus as reasonably possible, before closing one of the four ventures.
14 Do you and Fred have any type of plans, other than performing well and making a ton of money, to bring new, large investors to the table? Are you working with any market makers?
Answer: We are not working on any equity financings or with any "Market Makers." During the time that Hannover House was attempting to merge into Empire Film Group (2008 and until June 2009), we watched the Empire stock price plummet from $3.00 to $.02 cents, which arguably could be attributed to "Market Makers" who talk a fast game and promise a lot of funding, but ultimately proved to be shorters looking for a way to jam down the price in order to obtain shares at a discounted level below the ever spiraling share price. So I have no interest in dealing with Market Makers and no interest in issuing shares for working capital. What we've found to be a wiser strategy is pursuing vendor credit lines (with liens against receivables), and pursuing private investors for "off-balance-sheet" ventures for bigger title acquisitions (wherein we provide the outside investors with a percentage of Hannover's distribution fees for specific titles, and achieve this without having to issue new shares and dilute the stock).
15 From everything we've learned, the big deal you're working on will be more complex than a simple merger or target of acquisition. This can lead to a lot of confusion on the part of investors - if the deal goes through, are you planning on holding a conference call to explain the intricacies & address Q&A?
Answer: Again "the big deal" is actually four ventures, so all the speculation is either mental masturbation or intentional misrepresentation designed to drive down our share price before the news is released. As stated previously, part of our news will be discussed with shareholders prior to implementation,.
16 How many copies of the book Made in the USA have you sold so far?
Answer: We sold our initial pressing of 40,000 copies, but do not have depletion results for how many are still in bookstores. We have a major legislative initiative with the U.S. Senate, the "Made in the USA" initiative, that was delayed form announcement in early May, and moved to the July session. We believe that the national media coverage likely to result from the news of a bill in Congress will create a major spike in sales for "Made in the USA" and will likely necessitate a reprinting.
17 Are you able to comment if Tom Ortenberg is related to the deal?
Answer: Tom is committed to be our consultant through September. Until last week, we were his only client (but he is now handling a Brad Pitt film for Apparition Releasing / likely set for October or November). He will be available to continue on with us as a consultant beyond September, if we so elect. He has also indicated his receptivity to joining the company on an exclusive basis; but he has expressed similar sentiments to stepping in at MGM. So his status is in flux.
18 How can one see all comments on the Hannover House Facebook page? If we need to be a "friend," how is that accomplished?
Answer: I will refer this question to Susannah Patton.
19 In the May19th PR, you mention two new releases for the fall in addition to four announced. Are the two new ones in addition to "The Countess" and "Thru the Moebius Strip"?
Answer: No, those two titles have already been announced. The unannounced titles have not yet been announced. They are major titles, and as such, require a coordinated announcement with the production entities.
20 How much capital does Hannover currently have at its disposal to complete future negative pickups? What sources of future financing are contemplated?
Answer: We're not doing "negative pick-up" deals. I do remember that term from the 1980's however, back when production ventures were not sophisticated in structure. Most of the deals Hannover / TDGI has closed (or are pursuing) are for the North American rights to already produced / completed features. This is a far safer business model than investing in scripts and hoping-to-hell that the movies turn out to be watchable / releasable. Our financing sources for acquisitions include cash flow from current and upcoming releases, and the ongoing availability of off-balance-sheet private investors for specific title acquisitions. For instance, we had a private investor group supporting a Hannover TDGI bid of $17-million for the franchise rights to "TERMINATOR" (we did not win this bid, as Pacificor prevailed at $29.5-million!). If we had tried to raise $17-million through a TDGI stock venture at $.03 per share, that would have required the issuance of about 566-MILLION shares of stock, effectively doubling our total shares. Not a great idea. I do think it's exciting that Hannover / TDGI is being invited into such high profile opportunities as the "TERMINATOR" franchise, and that we have significant off-balance sheet sources available for big ventures.
21 How does Hannover finance its P&A?
Answer: Already answered, but for clarity, I'll cover the film "TWELVE." Of the $2.2-million being spent on "TWELVE," approx. $1-mm is from cash (mostly from the stock venture) and about $1.2-mm is from vendor credit lines (with the broadcast agency, the newspapers and the labs). As we collect the revenues from "TWELVE," we'll use receipts to pay off (and "replenish") our vendor credit lines, and we'll recycle the $1-mm or so in cash expenditures into future releases. Basically, we'll keep rebooting the same $2-mm to $2.5-mm every six to eight weeks. If we need more funds, then we have the option of investing some of our distribution fee income, or accessing off-balance sheet private participant funds.
22 Why did Fotis (of old TDGI) receive a presentation / Exec Producer credit on Twelve? Is he involved with the company going forward?
Answer: Fotis introduced Hannover to the TDGI opportunity, but is not involved with the management, board, etc... Regarding "TWELVE", he was one of the partners in the private group that raised the off-balance sheet funds that enabled Hannover House to acquire this major title. His "deal" was that he would get a shared presentation credit. His other partners declined.
23 What firms performed the library valuations on TDGI? Are their valuations in line with the value presented in Hannover's unaudited balance sheet?
Answer: I will need to check if this is information to be disclosed. However, the two separate,independent valuation reports were both from top executives in the entertainment industry; one was a former library valuator at Houlihan Lokey Howard & Zukin; the other is a 30-year distribution veteran who knowledge of film values is so accurate, that he's often utilized as an expert witness in litigations against the studios. But like I said, I'm not confident that they want general public dissemination of their participation in evaluating the library.
24 Do you contemplate resetting the company's ticker to reflect the name and business of the company?
Answer: It's been discussed as an option, but for now, it's okay to stay as TDGI.
25 If TDGI is moved to another exchange such as OTCBB or other, do you think a reverse split will be in the cards to get the PPS higher?
Answer: Moving TDGI to OTCBB and doing a reverse split to get the PPS higher is not being considered. I'm unsure if such a move has ever resulted in a sustainable higher PPS, but perhaps you know of some exceptions.
Everything right now looks like junk in pinkie land.
Howdy. Will be home sunday and will try to start making money again. Grandkids are exspensive.lol Good to see people talking stocks again.
Do you know the difference between a zoo and the white house?
A zoo has a African Lion. The white house has a lion african.
Remember I am the boards resident liberal. :}
Popping in to say howdy. I am having a great time with my family especially my adorable Grandchildren. Still waiting to see what happens with my TDGI. Hope everyone is making money. Catch you all later.
If it was that easy we would all be making money hands over fist. Unless you can see the future there is no guarantee that every stock you buy will go up.
Last post then I am out of here. My dad originally from Conn. Beautiful country your in. Enloy.
Some times got changed do to family and friends schedule. I am retired and people just think I am at their leisure to set my schedule.lol
Still in west palm till wed. Getting ready to go for lunch.
Everyone Have a great Holiday Weekend. Please remember all who Fought and Died for this Country. See you Tuesday.
Everyone Have a great Holiday Weekend. Please remember all who Fought and Died for this Country. See you Tuesday.
Sooooooooooo True.lol
Until further clarification on the PR. This is going to be a waiting game. IMO
Congrats. I have 5 grandkids and I spoil them rotten. Will be seeing them June 8 thru June 27.
It is my sincere hope we both hit it big.
TDGI
Target Board Evaluates Merger and Venture Opportunities
Date : 05/26/2010 @ 4:43PMs
The Board of Directors for Target Development Group, Inc. (Pinksheets: TDGI) (Other: www.HannoverHouse.com), announced today that they are reviewing and analyzing opportunities that will be designed to expedite the company’s planned move onto the Bulletin Board or American Stock Exchange, including the possibility of an asset sale structure and stock swap with an existing, fully-compliant Bulletin Board listed entity. The intention of such a move would be to provide enhanced value and liquidity for the existing Target shareholders as well as create a corporate structure better suited to accommodate and support the rapidly growing Hannover House entertainment division.
Hannover House, the publishing and media division of Target, has acquired six films for theatrical release in 2010, in addition to thirty titles slated for DVD and Blu-Ray release. The company anticipates rapid revenue growth over the next 24 months and feels that a move to the Bulletin Board or American Stock Exchanges would benefit the company and shareholders.
“There are a variety of paths available that could help the company mature into the next level of activity,” said Eric Parkinson, C.E.O. of both Hannover House and Target Development Group, Inc. “We are working with the auditors to determine the value of TDGI assets as we move towards fully compliant status with S.E.C. requirements. We are also reviewing merger or corporate acquisition opportunities. The goal is to identify and pursue the best course of action to deliver the greatest overall return for our shareholders.”
Upcoming theatrical releases for Hannover House include Joel Schumacher’s acclaimed drama, “TWELVE” starring Chace Crawford, Emma Roberts and Curtis ’50 Cent’ Jackson, and the Sundance Film Festival Audience Award Winner, “HappyThankYouMorePlease.” Hannover’s current theatrical release of “Racing Dreams” will be prominently featured over the Memorial Day weekend as a radio advertising sponsor of the Indianapolis 500 Race.
http://ih.advfn.com/p.php?pid=nmona&article=42988689&symbol=TDGI
Watch Qasp when it gets to .015 if it does some of the longs with those averages will run for the door.
Tell me. Sept is my thinking.
Been doing the same, on a small scale. :)
I was willing to go to jail, lol
Since I am going on vacation soon. I have been doing a little flipping trying to make a hundred or two here and there. QASP made 220 bucks. Cool
I have a feeling most walls will be fake till.06
Unlike others I still have things to learn. It was explained to me. Yes I was incorrect. I find in life we all have things to learn and we have things to teach. That being said to start getting excited about AMEX is premature. IMO
Thanks learned something.
I could be wrong. I thought you used AS times share price for Company worth.
That to. 700 million AS times 3 bucks a share. That is 1.2 billion. We got a great Company here, but not a 1.2 billion dollar Company.
IMO way to early for AMEX. Share structure would have to do a drastic change for that. Lower AS for one.
Well at least it wasn't your head.lol You will bounce back I am sure.
Now that makes me real happy.
TDGI spend some pocket change on this one.lol
TDGI spend some pocket change on this one.lol
Tis a good Day
Yep. 15 cents by Sept. OUI
TDGI NEWS --
NEW YORK, May 19, 2010 (BUSINESS WIRE) -- Encouraged by support from film
critics and major theatre chains, four upcoming theatrical titles from Hannover
House will see a significant expansion of their rel ease plans, reports C.E.O.
Eric Parkinson.
"Racing Dreams," the acclaimed, award-winning documentary from Academy Award
nominated director Marshall Curry premiered last night in Charlotte, NC to an
enthusiastic, standing-room-only audience at the EpiCentre Theatre, followed by
a Best Buy sponsored reception at the new, $200-million dollar NASCAR Hall of
Fame. Hannover's original theatrical plans for the film called for a limited
release in 4 key markets. However, following the film's screening to theatre
chains at ShoWest, Hannover expanded the release to 35 prints in 11 markets
beginning this Friday. By June 18, the Hannover expansion should reach over 150
theaters in 45 markets nationwide.
"It's turning into a much larger release than any of us anticipated," said
Parkinson. "There's so much enthusiasm that some theatres will be holding
midnight screenings on Thursday night to get a jump start on the weekend."
Other thea trical titles from Hannover House, including Joel Schumacher's
star-studded "Twelve," as well as the Sundance Audience Award Winner,
"HappyThankYouMorePlease" and the action-adventure, "The Wild Hunt," will also
benefit from expanded theatrical release plans.
"The exhibitors are responding very positively to our titles," continued
Parkinson. "The quality is there, and the marketing support materials are
proving to be extremely effective. We plan to make the most of the summer
theatrical market, to maximize our box office performance and to set the stage
for strong revenues from video and ancillary income streams."
In addition to the four, previously announced theatrical titles, Hannover House
will be announcing two new releases for this fall, and is currently seeking
additional acquisitions at the Cannes Film Festival. The expanded release plans
and additional new titles are expected to accelerate Hannover's revenues and
growth during 2010.
Corporately, parent company Target Development Group, Inc. is exploring
opportunities that could accelerate the company's move off the Pinksheets and
onto the Bulletin Board or American Stock Exchange. A 2009 year-end audit is
underway with Hogan Taylor, LLP, the completion for which will open new
corporate options, including beneficial merger structures.
"Our 3-to-5 year plan now seems obtainable in only 1-to-3 years," said
Parkinson.
Hannover House is the entertainment and media distribution division of Target
Development Group, Inc. (Pinksheets: TDGI) (Other: www.HannoverHouse.com)
SAFE HARBOR STATEMENT
This press release may contain certain forward-looking statements within the
meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of
1933-34, which are intended to be covered by the safe harbors created thereby.
Although the company believes that the assumptions underlying theforward-looking statements contained herein are reasonable, there can be no
assurance that these statements included in this press release will prove
accurate.
TDGI NEWS --
NEW YORK, May 19, 2010 (BUSINESS WIRE) -- Encouraged by support from film
critics and major theatre chains, four upcoming theatrical titles from Hannover
House will see a significant expansion of their rel ease plans, reports C.E.O.
Eric Parkinson.
"Racing Dreams," the acclaimed, award-winning documentary from Academy Award
nominated director Marshall Curry premiered last night in Charlotte, NC to an
enthusiastic, standing-room-only audience at the EpiCentre Theatre, followed by
a Best Buy sponsored reception at the new, $200-million dollar NASCAR Hall of
Fame. Hannover's original theatrical plans for the film called for a limited
release in 4 key markets. However, following the film's screening to theatre
chains at ShoWest, Hannover expanded the release to 35 prints in 11 markets
beginning this Friday. By June 18, the Hannover expansion should reach over 150
theaters in 45 markets nationwide.
"It's turning into a much larger release than any of us anticipated," said
Parkinson. "There's so much enthusiasm that some theatres will be holding
midnight screenings on Thursday night to get a jump start on the weekend."
Other thea trical titles from Hannover House, including Joel Schumacher's
star-studded "Twelve," as well as the Sundance Audience Award Winner,
"HappyThankYouMorePlease" and the action-adventure, "The Wild Hunt," will also
benefit from expanded theatrical release plans.
"The exhibitors are responding very positively to our titles," continued
Parkinson. "The quality is there, and the marketing support materials are
proving to be extremely effective. We plan to make the most of the summer
theatrical market, to maximize our box office performance and to set the stage
for strong revenues from video and ancillary income streams."
In addition to the four, previously announced theatrical titles, Hannover House
will be announcing two new releases for this fall, and is currently seeking
additional acquisitions at the Cannes Film Festival. The expanded release plans
and additional new titles are expected to accelerate Hannover's revenues and
growth during 2010.
Corporately, parent company Target Development Group, Inc. is exploring
opportunities that could accelerate the company's move off the Pinksheets and
onto the Bulletin Board or American Stock Exchange. A 2009 year-end audit is
underway with Hogan Taylor, LLP, the completion for which will open new
corporate options, including beneficial merger structures.
"Our 3-to-5 year plan now seems obtainable in only 1-to-3 years," said
Parkinson.
Hannover House is the entertainment and media distribution division of Target
Development Group, Inc. (Pinksheets: TDGI) (Other: www.HannoverHouse.com)
SAFE HARBOR STATEMENT
This press release may contain certain forward-looking statements within the
meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of
1933-34, which are intended to be covered by the safe harbors created thereby.
Although the company believes that the assumptions underlying theforward-looking statements contained herein are reasonable, there can be no
assurance that these statements included in this press release will prove
accurate.