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.
The best part of this horror show will be the new cast of excuses being thrown anywhere but the top.
PRICELESS AMID LOWFO hhse INFO, IMO.
hhse
...and several more excuses already 'baked' into end of October no audit...protocol for this POS stock...kick the can down the road that goes from coast to coast....
Hey Eric*, let's see you finagle out of this one THIS TIME BUDDY, a few days my arse.
* POS CEO of hhse
hhse
True.
hhse
Saturday, April 09, 2011 6:23:37 PM
FRED: The Hannover numbers are certainly available. Now when we started the audit process they weren’t available necessarily in the format that the auditors wanted them, but the raw numbers were there, and they’ve been developed and put in a proper format by our accountant before going to the auditor. The auditors still have some questions, although I think that they have the information now, at least our accountant has the information to provide to the auditors to answer all of those questions. So…
ERIC. Again, we’re starting to get into redundancy, but someone asked is there a timeframe when the audit will be complete. That was asked and answered previously. But I’ll summarize it that we have completed the materials including the library that is going to be given to our review accountant on Tuesday. That was the biggest obstacle because it involves changing projections and media streams. And everything else is going to be turned over to Hogan & Taylor shortly.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61903482
d). Audit Status Update with Hogan-Taylor – As previously disclosed, the Company has engaged Eduardo Suarez-Moreno, CPA as in-house Controller. During the past six weeks, Moreno has been reviewing and compiling all information required for a complete audit-package to be presented to Hogan-Taylor. A meeting has been scheduled for Monday, April 25, 2011 with Todd Wisdom of Hogan-Taylor, along with Moreno, Parkinson and Shefte, to formally present all of the reports, materials and back-up items previously requested and customarily required for Hogan-Taylor to conduct a full audit of the Company’s activities for the years 2009 and 2010. The format of the reports being delivered to Hogan-Taylor is anticipated to expedite the formal audit process and to reduce the timeframe required by Hogan-Taylor. At the meeting, Company will ask Mr. Wisdom to advise on the necessity, cost and value of also auditing the year 2008 results, or more simply, reviewing same.
Dated: 19 April 2011
HOGAN TAYLOR AUDIT STATUS – Fred Shefte, Eric Parkinson, and in-house controller / CPA Eduardo Suarez-Moreno had a lengthy meeting with Hogan Taylor on April 25 to review the documents and files and discuss the timeline and procedures for the audit of activities covering the calendar years ending 12-31-2009 and 12-31-2010. A list of back-up materials was provided at this meeting, and these additional items are being assembled for Hogan Taylor, with the expectation of delivery to them by Friday, June 3rd. It is possible that the actual “audit” by Hogan Taylor may not be a lengthy, time-consuming process due to the extensive detail and organization of the materials prepared by HH / TDGI for Hogan Taylor. However, Company cannot yet predict a date for completion and filing of the audit until after all requested materials have been delivered to Hogan Taylor.
Dated: 31 May 2011
(4) Company has engaged HoganTaylor, LLP, to conduct a full audit of the combined entities for the 12-months ending 12-31-2010, and a full audit of the Target Development Group, Inc. activities for the 12-months ending 12-31-2009. Materials, reports and back-up documents provided to HoganTaylor have been assembled by Company Management, including the company?s in-house Controller, Eduardo Suarez-Moreno, and Company principals Fred Shefte and Eric Parkinson. HoganTaylor, LLP is licensed in Arkansas and Oklahoma, with a large staff of CPAs and auditing / reporting professionals experienced in public company auditing and financial reporting obligations.
EDUARDO SUAREZ-MORENO – CONTROLLER – Eduardo has a BS in Accounting from La Salle University and has been a licensed CPA since 1983. He was Financial Comptroller of Virgin Entertainment & Television (Latin America) and has extensive experience in the specialized considerations of entertainment accounting, as well as general bookkeeping, tax preparation and pre-audit reviews.
Dated: 5 August 2011
Feb. 21, 2012
"The market has not been responding logically to the value of our company," said Parkinson. "Shareholders have been combating a campaign of intentionally false information from a small group of day-traders hoping to profit from daily swings in our stock price. We are taking legal steps to stop such share price manipulation efforts, while at the same time, expanding the company's market presence through enhanced visibility and information clarity."
Tuesday, November 19, 2013
AUDIT UPDATE - We're pleased to announce two positive developments relating to the Company's audit projects. First of all, we have engaged an outside firm that specializes in helping OTC Market companies assemble their audit report materials. Next, we have received ten responses to our ad for an executive level bookkeeper / controller level accountant (yes, raising the salary by $10,000 has made a world of difference in the caliber of respondents!). A decision will likely be made this week on the full-time accounting position. Both developments should help us meet our goal. And what IS that goal? The goal is to have Hogan Taylor render their audit letter prior to February 15, 2014. And the sooner the better. However, as some have observed, if we do NOT "beat" the Feb. 15 date, then the applicable years changes (from 2011 and 2012... to 2012 and 2013). The rule is that the Form 10 filing must be accompanied by audits of the "two most recent reporting years"
http://hannoverhousemovies.blogspot.com/2013/11/follow-ups-and-updates-as-requested.html
VODWIZ: Coming this summer, Hannover will launch a Video-On-Demand website and IPTV Channel known as VODwiz. The VODwiz brand hopes to become "The Netflix of Independent Movies" by offering thousands of foreign, independent, esoteric and "art" films that are otherwise unavailable or difficult to find on existing V.O.D. sites. Already, 10 key indie studios (collectively representing over 4,000 titles) have agreed to participate in the VODwiz roll-out... and discussions are underway with fourteen other suppliers, plus three major studios. Consumers will have the option of watching VODwiz titles on either a "Pay-Per-Transaction" basis (for as little as $.99 per movie), or on a subscription basis (ala Netflix) with an all-you-can-watch option for $5.99 per month. As the total number of movies uploaded reaches a threshold of 2,000 titles, then the VODwiz consumer launch campaign will begin.
Monday, March 3, 2014
http://hannoverhousemovies.blogspot.com/2014/03/welcome-to-our-new-hhse-shareholders.html
(June 3, 2012)
IV. CORPORATE GOVERNANCE UPDATE – Following a consultation meeting with Audit Project Mgr., Lisa Purkayasha, Company believes it is still on schedule this month. Changes to this schedule, if any, would be disclosed. In another corporate governance issue, Company’s application for DWAC transfers of its shares through the DTCC was rejected on Friday, ostensibly due to the large number of shares in issue, as well as the share pricing of the stock being under $.10. Until HHSE shares are approved for DWAC transfer, the company will continue transactions with paper certificates. The Company plans to apply for DWAC transfer eligibility with the DTCC again in July, following the release of the audits.
http://www.otcmarkets.com/financialReportViewer?symbol=HHSE&id=83077
hhse 2010 a Look Back
Terminator 3000 Coming from Hannover House and Red Bear Entertainment
http://www.movieweb.com/news/NENVmxHtd4OHRQ
Pacificor Sends Cease and Desist Letter to Makers of Animated 3D Feature TERMINATOR 3000
http://collider.com/terminator-3000-3d-animated-film-cease-and-desist-hanover-house-pacificor/43826/
In response, Hannover House’s Eric Parkinson is behaving very calmly about the situation, telling the site,
We’ve arranged a meeting, we’ll show them our money and if the rational brain prevails, they’ll take the deal. If not, I can’t do it without them. You’ll have a followup next week that we are either holding hands, or not doing the film. At least we now have our meeting
http://spinoff.comicbookresources.com/2010/08/16/terminator-3000-gets-cease-desist-letter/
The release plans set forth by Parkinson for these titles
indicated a collective gross revenue potential exceeding $25-million, approximately half of
which was attributable alone to “HappyThankYouMorePlease,” a highly commercial “datefriendly”
romantic comedy that has garnered enthusiastic reviews and significant revenue
predictions from top film industry publications.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=30013
Josh Radnor's feature directorial debut Happythankyoumoreplease has severed ties with distributor HannoverHouse
http://www.deadline.com/tag/hannover-house/
Hannover House plans to release “Girlfriend” before the end of the year.
http://www.thewrap.com/movies/column-post/exclusive-hannover-house-buys-tiff-film-girlfriend-21189
BOARD AGENDA ITEM “A” – Approval of Off-Balance Sheet Financing Opportunities –
The Board reviewed the proposal set forth by C.E.O. Eric Parkinson regarding the financing for
the acquisition and release of major, theatrical-caliber titles, including director Joel
Schumacher’s drama, “TWELVE.” Under the Parkinson plan for “TWELVE”, the financing
required to pay for the film’s license fee advance (USD $1.75-mm) and for the film’s Prints &
Advertising / theatrical releasing costs (approximately USD $2-mm) would be funded through a
combination of private investor funds, supplier credit terms, pre-paid advertising and internal
corporate cash resources, and would not require an issuance of company stock or equity. The
private investor funding portion would be repaid with a priority recoupment position from
incoming revenues of “TWELVE” and an ongoing participation in the company’s applicable
distribution fees for that specific title, but that the venture would not be structured as a corporate
debt obligation.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=30013
Desperate: Hannover House CEO Eric Parkinson Begs People To Raise IMDB Ranking Of Joel Schumacher's 'Twelve
http://theplaylist.blogspot.com/2010/08/desperate-hannover-house-ceo-eric.html
Joel Schumacher's 'Twelve' May Become the Biggest Bomb of 2010
http://blog.moviefone.com/2010/08/11/joel-schumachers-twelve-may-become-the-biggest-bomb-of-2010/
Twelve Domestic Total: $183,920
http://boxofficemojo.com/movies/?id=twelve.htm
Racing Dreams Domestic Total Gross: $65,082
http://boxofficemojo.com/movies/?id=racingdreams.htm
Hannover House on Target to Acquire Phoenix Entertainment
http://www.marketwire.com/press-release/Hannover-House-on-Target-to-Acquire-Phoenix-Entertainment-1310527.htm
Phoenix Entertainment Venture With Hannover House on Hold
http://www.marketwire.com/press-release/Phoenix-Entertainment-Venture-With-Hannover-House-on-Hold-1310758.htm
"The Wild Hunt," from director Alexandre Franchi, is a dramatic thriller that delves into the complex world of Live Action Role Playing. Hannover will release the film to theaters beginning May 7, with a video release expected for September. A more detailed announcement on the film will be released by Hannover House later this week.
http://finance.yahoo.com/news/Wild-Hunt-and-Four-Titles-iw-4270273134.html?x=0&.v=1
The Wild Hunt Theatrical Release: August 27, 2010
http://www.hannoverhouse.com/category/the-wild-hunt/
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.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51949024
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.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51949024
VI-e). Financial Statements and other Financial Filings – Company is scheduled to
commence a full audit for the year ending 12-31-2009 in late January, 2010. Preliminary figures,
from management prepared worksheets are expected to be posted in late January, prior to the
completion of the audit. The Company has engaged Hogan Taylor, LLP as its auditing firm.
http://www.otcmarkets.com/otciq/ajax
Fantastic Films Wins $340,000 Judgment Against Hannover House
May 12, 2011 – Los Angeles based Fantastic Films won an IFTA arbitration award and a court judgment
totaling over $340,000 against Hannover House (Truman Press Inc. d.b.a Hannover House), Target
Development Group Inc. and Empire Film Group Inc. for failing to distribute the film “Thru The Moebius
Strip” in the United States and for failing to pay a six figure Minimum Guarantee.
Lincoln Bandlow of Lathrop & Gage LLP, counsel for Fantastic Films said that the Arbitrator’s award and
judgment was entered only after the Arbitrator had offered the principals of defendant Hannover House,
Eric Parkinson and Fred Shefte, an opportunity to cure their breach of contract and proceed with the
distribution of the film provided that certain conditions were met (which included paying the outstanding
Minimum Guarantee and extending the film release window for Hannover), but Mr. Parkinson and Mr.
Shefte did not comply with the Arbitrator’s requirements resulting in the award to Fantastic Films.
“The IFTA Arbitrator found that it was undisputed that the defendants, particularly Hannover House, had
repeatedly breached their contractual obligations and, indeed, the Arbitrator witnessed yet another breach
firsthand by watching Hannover break a promise made at the arbitration to finally comply with the
contract,.” said Bandlow. “Although Fantastic Films is disappointed in Hannover’s failure to release this
film in the US, my clients are happy that the Arbitrator and the Court have held defendants responsible for
their improper conduct. We are pursuing every avenue to collect this award, including seeking to have
defendants barred from participating in future film markets and we will continue to take any and all
necessary steps until the Judgment is satisfied.”
http://www.fantasticfilmsinternational.com/articles/11-05-12-FFI-wins-340K-judgment-against-Hannover-House.pdf
Aug. 17, 2012
"Industry P/E ratios suggest that our stock should be currently trading at about $.07 per share," noted Parkinson.
http://finance.yahoo.com/news/hannover-house-posts-improved-sales-182346132.html
(January 15, 2010)
Excluding the value of the ongoing operations of
Hannover, the direct and immediate balance sheet benefit of the Hannover House assets and
library relative to the total number of Target shares exchanged to acquire Hannover represents a
valuation of approximately $.13 per share.
http://www.otcmarkets.com/financialReportViewer?symbol=TDGI&id=27997
d). Audit Status Update with Hogan-Taylor – As previously disclosed, the Company has engaged Eduardo Suarez-Moreno, CPA as in-house Controller. During the past six weeks, Moreno has been reviewing and compiling all information required for a complete audit-package to be presented to Hogan-Taylor. A meeting has been scheduled for Monday, April 25, 2011 with Todd Wisdom of Hogan-Taylor, along with Moreno, Parkinson and Shefte, to formally present all of the reports, materials and back-up items previously requested and customarily required for Hogan-Taylor to conduct a full audit of the Company’s activities for the years 2009 and 2010. The format of the reports being delivered to Hogan-Taylor is anticipated to expedite the formal audit process and to reduce the timeframe required by Hogan-Taylor. At the meeting, Company will ask Mr. Wisdom to advise on the necessity, cost and value of also auditing the year 2008 results, or more simply, reviewing same.
Dated: 19 April 2011
HOGAN TAYLOR AUDIT STATUS – Fred Shefte, Eric Parkinson, and in-house controller / CPA Eduardo Suarez-Moreno had a lengthy meeting with Hogan Taylor on April 25 to review the documents and files and discuss the timeline and procedures for the audit of activities covering the calendar years ending 12-31-2009 and 12-31-2010. A list of back-up materials was provided at this meeting, and these additional items are being assembled for Hogan Taylor, with the expectation of delivery to them by Friday, June 3rd. It is possible that the actual “audit” by Hogan Taylor may not be a lengthy, time-consuming process due to the extensive detail and organization of the materials prepared by HH / TDGI for Hogan Taylor. However, Company cannot yet predict a date for completion and filing of the audit until after all requested materials have been delivered to Hogan Taylor.
Dated: 31 May 2011
(4) Company has engaged HoganTaylor, LLP, to conduct a full audit of the combined entities for the 12-months ending 12-31-2010, and a full audit of the Target Development Group, Inc. activities for the 12-months ending 12-31-2009. Materials, reports and back-up documents provided to HoganTaylor have been assembled by Company Management, including the company?s in-house Controller, Eduardo Suarez-Moreno, and Company principals Fred Shefte and Eric Parkinson. HoganTaylor, LLP is licensed in Arkansas and Oklahoma, with a large staff of CPAs and auditing / reporting professionals experienced in public company auditing and financial reporting obligations.
EDUARDO SUAREZ-MORENO – CONTROLLER – Eduardo has a BS in Accounting from La Salle University and has been a licensed CPA since 1983. He was Financial Comptroller of Virgin Entertainment & Television (Latin America) and has extensive experience in the specialized considerations of entertainment accounting, as well as general bookkeeping, tax preparation and pre-audit reviews.
Dated: 5 August 2011
Wednesday, August 10, 2011 10:49:54 AM
Quote:
TDGI: The Eric Parkinson (CEO) delivered in a MAJOR way yesterday. TDGI has turned the corner. Atty letter DONE, audit papers were submitted to Hogan Taylor in June, so the audited fins are right around the corner. Q2 should be fantastic, and uplist happening very soon too. TDGI, a profitable company) is a dream stock and does not belong in the pinksheets. Soon it won't be. Now is the time to get in while the pps is ridicalously low. Turtle movie expansion in theatres is in progress. Turtle DVD in November will be a blockbuster and a huge Xmas gift for kids. Every school and library in the country will be buying a copy. All's faire in Love, the funny romantic comedy is about to hit the theatres, and it is expected to be huge, now that the summer blockbusters are out of the way. MOST IMPORTANTLY, (as if the above is not enough), CEO/CFO just announced they will be buying TDGI shares on the open market for THEIR OWN retirement accounts. That's the BIGGEST endorsement for a low pps and a bright future for ANY company. Talk about a no brainer and an UNDISCOVERED GEM. still accumulating...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66042227
Yearly audit delays for hhse are not completely irrelevant, they give outside potential investors a clue at how a company is willing to kick the can down the road for several years for their loyal hhse sh's and gives hindsight at a companies lack of credibility to handle such an EZ and formidable task.
hhse
d). Audit Status Update with Hogan-Taylor – As previously disclosed, the Company has engaged Eduardo Suarez-Moreno, CPA as in-house Controller. During the past six weeks, Moreno has been reviewing and compiling all information required for a complete audit-package to be presented to Hogan-Taylor. A meeting has been scheduled for Monday, April 25, 2011 with Todd Wisdom of Hogan-Taylor, along with Moreno, Parkinson and Shefte, to formally present all of the reports, materials and back-up items previously requested and customarily required for Hogan-Taylor to conduct a full audit of the Company’s activities for the years 2009 and 2010. The format of the reports being delivered to Hogan-Taylor is anticipated to expedite the formal audit process and to reduce the timeframe required by Hogan-Taylor. At the meeting, Company will ask Mr. Wisdom to advise on the necessity, cost and value of also auditing the year 2008 results, or more simply, reviewing same.
Dated: 19 April 2011
HOGAN TAYLOR AUDIT STATUS – Fred Shefte, Eric Parkinson, and in-house controller / CPA Eduardo Suarez-Moreno had a lengthy meeting with Hogan Taylor on April 25 to review the documents and files and discuss the timeline and procedures for the audit of activities covering the calendar years ending 12-31-2009 and 12-31-2010. A list of back-up materials was provided at this meeting, and these additional items are being assembled for Hogan Taylor, with the expectation of delivery to them by Friday, June 3rd. It is possible that the actual “audit” by Hogan Taylor may not be a lengthy, time-consuming process due to the extensive detail and organization of the materials prepared by HH / TDGI for Hogan Taylor. However, Company cannot yet predict a date for completion and filing of the audit until after all requested materials have been delivered to Hogan Taylor.
Dated: 31 May 2011
(4) Company has engaged HoganTaylor, LLP, to conduct a full audit of the combined entities for the 12-months ending 12-31-2010, and a full audit of the Target Development Group, Inc. activities for the 12-months ending 12-31-2009. Materials, reports and back-up documents provided to HoganTaylor have been assembled by Company Management, including the company?s in-house Controller, Eduardo Suarez-Moreno, and Company principals Fred Shefte and Eric Parkinson. HoganTaylor, LLP is licensed in Arkansas and Oklahoma, with a large staff of CPAs and auditing / reporting professionals experienced in public company auditing and financial reporting obligations.
EDUARDO SUAREZ-MORENO – CONTROLLER – Eduardo has a BS in Accounting from La Salle University and has been a licensed CPA since 1983. He was Financial Comptroller of Virgin Entertainment & Television (Latin America) and has extensive experience in the specialized considerations of entertainment accounting, as well as general bookkeeping, tax preparation and pre-audit reviews.
Dated: 5 August 2011
(c) – VODwiz.com Update – Managers reviewed a report submitted by employees Garret Krier and Tim Ellis, covering the hardware, software and infrastructure requirements for the VODwiz venture for streaming of movies over the internet. Operating out of the Company’s principal headquarters in Springdale, AR, the VODwiz venture could be ready for a beta or “soft” launch within eight weeks or less; however, once demand exceeds 1,000 films to be streamed daily, the primary switch and storage banks will need to be located nearer to a major trunk line for maximum internet traffic accessibility. A list of films ready to post to the site was reviewed and discussed. The discussion also covered financing opportunities that have been presented to the Company regarding this new Video-On-Demand venture. A determination was made that no outside financing will be required at this point for the Company to complete the basic infrastructure and beta-launch; a study of results following 30+ days from the beta launch is expected to provide the Company with better data as to the scope of outside financing ultimately needed to build the brand to a major portal status.
HHSE Management Discussion and Analysis - Discussion & Update report on various corporate matters - September 25, 2012:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=91502
(June 3, 2012)
IV. CORPORATE GOVERNANCE UPDATE – Following a consultation meeting with Audit Project Mgr., Lisa Purkayasha, Company believes it is still on schedule this month. Changes to this schedule, if any, would be disclosed. In another corporate governance issue, Company’s application for DWAC transfers of its shares through the DTCC was rejected on Friday, ostensibly due to the large number of shares in issue, as well as the share pricing of the stock being under $.10. Until HHSE shares are approved for DWAC transfer, the company will continue transactions with paper certificates. The Company plans to apply for DWAC transfer eligibility with the DTCC again in July, following the release of the audits.
http://www.otcmarkets.com/financialReportViewer?symbol=HHSE&id=83077
Saturday, December 15, 2012 4:19:45 PM
a) Eric Filson Parkinson, Chief Executive Officer and member of the board; business address for Mr. Parkinson is: 1428 Chester St., Springdale, AR 72764. At all times during the prior five years, Mr. Parkinson has been employed as the C.E.O. of Truman Press, Inc., d/b/a “Hannover House.” Mr. Parkinson has an accrued salary of one-hundred-eighty-thousand dollars (USD $180,000) per year, for which the vast majority has been, and continues to be
deferred and accrued. As of September 30, 2012, Mr. Parkinson beneficially owned 64,051,649 shares of Class A common stock in the Company, and 600,000 shares of Series A Preferred Stock. Mr. Parkinson has voluntarily surrendered back into company treasury a total of 26,800,000 shares of stock, to be held pending satisfaction of corporate and sales achievements. Parkinson has no other Board memberships or affiliations other than volunteer, non-profit associations. Effective January 1, 2013, Mr. Parkinson has agreed to reduce his base salary to $72,000 per year.
Shefte has voluntarily surrendered back into company treasury total of 5-million shares of stock, to be held pending satisfaction of corporate governance achievements.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=97247
Thursday, October 16, 2014
4). WHAT IS HAPPENING WITH THE ENFORCEMENT ACTIONS AGAINST HHSE SHARE PRICE MANIPULATORS? - HH has been instructed to send letters to known xxxxxxx in order to establish legal notice of demand; otherwise, we have been instructed to not comment publicly on the status of the investigation and federal prosecution activities. It is okay to say that we are VERY EXCITED as to where this situation finally stands.
Wednesday, February 13, 2013
Form 10 Registration Filing with the S.E.C.
We are pleased to report that our efforts to begin full-reporting with the S.E.C. / Edgar have been resolved, with the preparation and filing of a Form 10 Statement to re-register as a reporting entity. The Form 10 route was clearly the fastest route to reporting approval, and we thank the helpful team at the S.E.C. / Edgar Department for corporate finance and compliance. The Form 10 document is being reviewed by HHSE corporate counsel, with the plan to submit it back to the S.E.C. within the next few days. The S.E.C.'s approval of the HHSE Form 10 will enable periodic reports (including 10Q's and 10K's) to be automatically filed on a going-forward basis. The reinstatement of reporting status will also automatically elevate the company's OTC status to "QB" and will provide greater security for shareholders. Thanks for your patience in resolving this matter.
http://www.hannoverhousemovies
Tuesday, November 19, 2013
AUDIT UPDATE - We're pleased to announce two positive developments relating to the Company's audit projects. First of all, we have engaged an outside firm that specializes in helping OTC Market companies assemble their audit report materials. Next, we have received ten responses to our ad for an executive level bookkeeper / controller level accountant (yes, raising the salary by $10,000 has made a world of difference in the caliber of respondents!). A decision will likely be made this week on the full-time accounting position. Both developments should help us meet our goal. And what IS that goal? The goal is to have Hogan Taylor render their audit letter prior to February 15, 2014. And the sooner the better. However, as some have observed, if we do NOT "beat" the Feb. 15 date, then the applicable years changes (from 2011 and 2012... to 2012 and 2013). The rule is that the Form 10 filing must be accompanied by audits of the "two most recent reporting years"
http://hannoverhousemovies.blogspot.com/2013/11/follow-ups-and-updates-as-requested.html
Monday, March 3, 2014
VODWIZ: Coming this summer, Hannover will launch a Video-On-Demand website and IPTV Channel known as VODwiz. The VODwiz brand hopes to become "The Netflix of Independent Movies" by offering thousands of foreign, independent, esoteric and "art" films that are otherwise unavailable or difficult to find on existing V.O.D. sites. Already, 10 key indie studios (collectively representing over 4,000 titles) have agreed to participate in the VODwiz roll-out... and discussions are underway with fourteen other suppliers, plus three major studios. Consumers will have the option of watching VODwiz titles on either a "Pay-Per-Transaction" basis (for as little as $.99 per movie), or on a subscription basis (ala Netflix) with an all-you-can-watch option for $5.99 per month. As the total number of movies uploaded reaches a threshold of 2,000 titles, then the VODwiz consumer launch campaign will begin.
http://hannoverhousemovies.blogspot.com/2014/03/welcome-to-our-new-hhse-shareholders.html
Monday, March 11, 2013
1). FORM 10 FILING -- We did not complete all of the table / financial line-item formatting on Friday, but are working on it today and plan to submit this revised Form 10 to our S.E.C. / Edgar project manager tomorrow.
3). AUDIT STATUS -- This is the next focus project this week. In the six weeks that have transpirsed since our shareholder's meeting, we had been focusing on product shipments, corporate financing and Edgar reporting issues as slightly more critical priorities than the audit back-up. However, Leigha and Nate are back in the warehouse, sorting historic files for data relating to the Producer Recoupment line-item entry, and will assemble this final report for Hogan Taylor this week.
http://www.hannoverhousemovies.blogspot.com/2013/03/misc-updates-requested-from-shareholders.html
Hannover House Investor Relations Blog
Tuesday, May 27, 2014
Welcome to the beginning of the New Era for Hannover House!
Dear Friends & Shareholders - The Cannes 2014 market was robust and successful for Hannover House, and proved quite a few points that have material impact on the company's immediate results and long term direction.
Some of our new items are already featured on the HannoverHouse.com website, which is shaping up very impressively! Meanwhile, here's a brief recap of key events and issues resulting from Cannes 2014:
1). MULTI-MILLION DOLLAR PRE-SALES AND CO-PRO DEALS - First of all, we proved that top tier titles such as "Mother Goose: Journey to Utopia" (with solid casts, scripts and "the right budgets") can and will attract major territorial buyers, presales and co-production opportunities. This opens HHSE to be a significant player in the product and financing space of companies such as MILLENNIUM and LIONSGATE.
2). CATALOG AND D-T-V ITEMS DO HAVE INTERNATIONAL VALUE - HHSE offered ten catalog titles (and one "new" production of "Dinosaurs of the Jurassic World"), and we were pleased with response from key territories, including deals for France, Spain, Italy, U.K. and more. This is "found" money from the company's library, and evidence that our international valuations were overly conservative.
3). MAJOR TITLES CAN BE ACQUIRED "FOR THE RIGHT PRICE" IF LICENSED EARLY - The Company's acquisition of "Within Screaming Distance" for $1-mm plus a P&A Commitment (all of which is being privately funded on behalf of HHSE), proves that early participation in higher-end titles can result in dramatic savings over "bidding-war-mania" that often accompanies finished films at festivals such as Toronto, Tribeca and Sundance.
4). HHSE CAN ACQUIRE OTHER "FINISHED" FILMS OF A WIDE RANGE - At Cannes, HHSE acquired quite a few titles that will be announced over the coming days and weeks... ranging from "re-releases" for budget-bin placements, to mega-budgeted, national theatrical release titles. It's an impressive line up that will keep our product pipeline at near capacity.
ABOUT PRE-SALES AND PRODUCTION FINANCING...
The vast majority of sales at Cannes 2014 for Hannover House were pre-sales and co-production deals for "Mother Goose." Some shareholders have inquired about how such agreements work and are recognized under industry practices and Generally Accepted Accounting Principles. Here's a brief overview:
I. Presales and Co-Production funding for major films such as "Mother Goose: Journey to Utopia" are assigned to the funding bank, and the proceeds from the production loan are used to actually produce the movie.
II. The Bank Requires that a "completion bond" be purchased, which is their guarantee that the movie will be completed, delivered and that the pre-sale contracts can therefore be enforced. A suitable bond is in place for "Mother Goose."
III. The studio or production entity (in this case, HHSE), can book these agreements as revenue, but must simultaneously "expense" out the cost for the production, and only recognize the applicable distribution fee / commission on the balance sheet. This results in a nice reporting quarter (or year), but has no immediate benefit to the company's cash flow as the contracts are assigned to the production loan.
IV. After the film is delivered and the bank's production loan retired, HHSE can "capitalize" the movie on it's balance sheet as a permanent asset - in the same way that "Gone With The Wind" or "Wizard Of Oz" appear on the MGM balance sheet and library report.
WATCH WHAT HAPPENS WITH NEWS AND FILINGS OVER THE NEXT FEW DAYS AND WEEKS!
SUCCESS - IN HHSE'S CASE HUGE SUCCESS
Feb. 21, 2012
"The market has not been responding logically to the value of our company," said Parkinson. "Shareholders have been combating a campaign of intentionally false information from a small group of day-traders hoping to profit from daily swings in our stock price. We are taking legal steps to stop such share price manipulation efforts, while at the same time, expanding the company's market presence through enhanced visibility and information clarity."
Saturday, April 09, 2011 6:23:37 PM
FRED: The Hannover numbers are certainly available. Now when we started the audit process they weren’t available necessarily in the format that the auditors wanted them, but the raw numbers were there, and they’ve been developed and put in a proper format by our accountant before going to the auditor. The auditors still have some questions, although I think that they have the information now, at least our accountant has the information to provide to the auditors to answer all of those questions. So…
ERIC. Again, we’re starting to get into redundancy, but someone asked is there a timeframe when the audit will be complete. That was asked and answered previously. But I’ll summarize it that we have completed the materials including the library that is going to be given to our review accountant on Tuesday. That was the biggest obstacle because it involves changing projections and media streams. And everything else is going to be turned over to Hogan & Taylor shortly.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61903482
Friday, December 28, 2012
The beginning of a new era in HHSE reporting...
Fingers crossed HHSE Friends & Shareholders:>> we have just completed the preparation and upload of our first Edgar (10-Q) report filing, and submitted it to MacReport Media for processing. This report covers the quarter ending Sept. 30, 2012, and is functionally identical to the filings already made to the OTC Markets (except, formatted into XBLR for the EDGAR submission). This filing will bring the company current with Edgar until the next scheduled period, which would be the annual report (10-K), due in March. It has been the company's stated plan to begin filing with Edgar, and once started, to maintain this schedule. We needed confirmation that our 2010 and 2011 audits would be completed in time for H-T to release the 2012 audit for this forthcoming 10-K deadline. It's been a tough year for the HHSE stock trading price, which is especially ironic due to this also being our most profitable year by a huge margin (with our refocus on high-margin DVD releases). We've also reduced debts by nearly $750,000 this year, to continue to strengthen our balance sheet and operational focus. We look forward to another great year in 2013, and hope that we'll see some positive activity within the investor community to our current "bargain-priced" stock shares! Best Regards and Happy New Year from all of us at Hannover House!
http://www.hannoverhousemovies.blogspot.com/search?updated-max=2013-01-31T09:11:00-08:00&max-results=7&reverse-paginate=true
Saturday, April 09, 2011 6:23:37 PM
FRED: The Hannover numbers are certainly available. Now when we started the audit process they weren’t available necessarily in the format that the auditors wanted them, but the raw numbers were there, and they’ve been developed and put in a proper format by our accountant before going to the auditor. The auditors still have some questions, although I think that they have the information now, at least our accountant has the information to provide to the auditors to answer all of those questions. So…
ERIC. Again, we’re starting to get into redundancy, but someone asked is there a timeframe when the audit will be complete. That was asked and answered previously. But I’ll summarize it that we have completed the materials including the library that is going to be given to our review accountant on Tuesday. That was the biggest obstacle because it involves changing projections and media streams. And everything else is going to be turned over to Hogan & Taylor shortly.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61903482
Thursday, January 31, 2013
3). Audit -- We expect to have the Y/E 2012 results ready to submit to the auditors by Jan. 18. With respect to the audits for 2010 and 2011, the remaining issue of consolidated tax returns should be finalized after our meeting next week with the IRS on this topic.
http://www.hannoverhousemovies.blogspot.com/2013/01/otc-compliance-edgar-filing-audit.html
Monday, March 11, 2013
1). FORM 10 FILING -- We did not complete all of the table / financial line-item formatting on Friday, but are working on it today and plan to submit this revised Form 10 to our S.E.C. / Edgar project manager tomorrow.
3). AUDIT STATUS -- This is the next focus project this week. In the six weeks that have transpirsed since our shareholder's meeting, we had been focusing on product shipments, corporate financing and Edgar reporting issues as slightly more critical priorities than the audit back-up. However, Leigha and Nate are back in the warehouse, sorting historic files for data relating to the Producer Recoupment line-item entry, and will assemble this final report for Hogan Taylor this week.
http://www.hannoverhousemovies.blogspot.com/2013/03/misc-updates-requested-from-shareholders.html
Friday, December 28, 2012
The beginning of a new era in HHSE reporting...
Fingers crossed HHSE Friends & Shareholders:>> we have just completed the preparation and upload of our first Edgar (10-Q) report filing, and submitted it to MacReport Media for processing. This report covers the quarter ending Sept. 30, 2012, and is functionally identical to the filings already made to the OTC Markets (except, formatted into XBLR for the EDGAR submission). This filing will bring the company current with Edgar until the next scheduled period, which would be the annual report (10-K), due in March. It has been the company's stated plan to begin filing with Edgar, and once started, to maintain this schedule. We needed confirmation that our 2010 and 2011 audits would be completed in time for H-T to release the 2012 audit for this forthcoming 10-K deadline. It's been a tough year for the HHSE stock trading price, which is especially ironic due to this also being our most profitable year by a huge margin (with our refocus on high-margin DVD releases). We've also reduced debts by nearly $750,000 this year, to continue to strengthen our balance sheet and operational focus. We look forward to another great year in 2013, and hope that we'll see some positive activity within the investor community to our current "bargain-priced" stock shares! Best Regards and Happy New Year from all of us at Hannover House!
http://www.hannoverhousemovies.blogspot.com/search?updated-max=2013-01-31T09:11:00-08:00&max-results=7&reverse-paginate=true
BAM!
Wednesday, February 13, 2013
Form 10 Registration Filing with the S.E.C.
We are pleased to report that our efforts to begin full-reporting with the S.E.C. / Edgar have been resolved, with the preparation and filing of a Form 10 Statement to re-register as a reporting entity. The Form 10 route was clearly the fastest route to reporting approval, and we thank the helpful team at the S.E.C. / Edgar Department for corporate finance and compliance. The Form 10 document is being reviewed by HHSE corporate counsel, with the plan to submit it back to the S.E.C. within the next few days. The S.E.C.'s approval of the HHSE Form 10 will enable periodic reports (including 10Q's and 10K's) to be automatically filed on a going-forward basis. The reinstatement of reporting status will also automatically elevate the company's OTC status to "QB" and will provide greater security for shareholders. Thanks for your patience in resolving this matter.
http://www.hannoverhousemovies
Feb. 21, 2012
"The market has not been responding logically to the value of our company," said Parkinson. "Shareholders have been combating a campaign of intentionally false information from a small group of day-traders hoping to profit from daily swings in our stock price. We are taking legal steps to stop such share price manipulation efforts, while at the same time, expanding the company's market presence through enhanced visibility and information clarity."
Tuesday, November 19, 2013
AUDIT UPDATE - We're pleased to announce two positive developments relating to the Company's audit projects. First of all, we have engaged an outside firm that specializes in helping OTC Market companies assemble their audit report materials. Next, we have received ten responses to our ad for an executive level bookkeeper / controller level accountant (yes, raising the salary by $10,000 has made a world of difference in the caliber of respondents!). A decision will likely be made this week on the full-time accounting position. Both developments should help us meet our goal. And what IS that goal? The goal is to have Hogan Taylor render their audit letter prior to February 15, 2014. And the sooner the better. However, as some have observed, if we do NOT "beat" the Feb. 15 date, then the applicable years changes (from 2011 and 2012... to 2012 and 2013). The rule is that the Form 10 filing must be accompanied by audits of the "two most recent reporting years"
http://hannoverhousemovies.blogspot.com/2013/11/follow-ups-and-updates-as-requested.html
Hannover House Investor Relations Blog
Tuesday, May 27, 2014
Welcome to the beginning of the New Era for Hannover House!
Dear Friends & Shareholders - The Cannes 2014 market was robust and successful for Hannover House, and proved quite a few points that have material impact on the company's immediate results and long term direction.
Some of our new items are already featured on the HannoverHouse.com website, which is shaping up very impressively! Meanwhile, here's a brief recap of key events and issues resulting from Cannes 2014:
1). MULTI-MILLION DOLLAR PRE-SALES AND CO-PRO DEALS - First of all, we proved that top tier titles such as "Mother Goose: Journey to Utopia" (with solid casts, scripts and "the right budgets") can and will attract major territorial buyers, presales and co-production opportunities. This opens HHSE to be a significant player in the product and financing space of companies such as MILLENNIUM and LIONSGATE.
2). CATALOG AND D-T-V ITEMS DO HAVE INTERNATIONAL VALUE - HHSE offered ten catalog titles (and one "new" production of "Dinosaurs of the Jurassic World"), and we were pleased with response from key territories, including deals for France, Spain, Italy, U.K. and more. This is "found" money from the company's library, and evidence that our international valuations were overly conservative.
3). MAJOR TITLES CAN BE ACQUIRED "FOR THE RIGHT PRICE" IF LICENSED EARLY - The Company's acquisition of "Within Screaming Distance" for $1-mm plus a P&A Commitment (all of which is being privately funded on behalf of HHSE), proves that early participation in higher-end titles can result in dramatic savings over "bidding-war-mania" that often accompanies finished films at festivals such as Toronto, Tribeca and Sundance.
4). HHSE CAN ACQUIRE OTHER "FINISHED" FILMS OF A WIDE RANGE - At Cannes, HHSE acquired quite a few titles that will be announced over the coming days and weeks... ranging from "re-releases" for budget-bin placements, to mega-budgeted, national theatrical release titles. It's an impressive line up that will keep our product pipeline at near capacity.
ABOUT PRE-SALES AND PRODUCTION FINANCING...
The vast majority of sales at Cannes 2014 for Hannover House were pre-sales and co-production deals for "Mother Goose." Some shareholders have inquired about how such agreements work and are recognized under industry practices and Generally Accepted Accounting Principles. Here's a brief overview:
I. Presales and Co-Production funding for major films such as "Mother Goose: Journey to Utopia" are assigned to the funding bank, and the proceeds from the production loan are used to actually produce the movie.
II. The Bank Requires that a "completion bond" be purchased, which is their guarantee that the movie will be completed, delivered and that the pre-sale contracts can therefore be enforced. A suitable bond is in place for "Mother Goose."
III. The studio or production entity (in this case, HHSE), can book these agreements as revenue, but must simultaneously "expense" out the cost for the production, and only recognize the applicable distribution fee / commission on the balance sheet. This results in a nice reporting quarter (or year), but has no immediate benefit to the company's cash flow as the contracts are assigned to the production loan.
IV. After the film is delivered and the bank's production loan retired, HHSE can "capitalize" the movie on it's balance sheet as a permanent asset - in the same way that "Gone With The Wind" or "Wizard Of Oz" appear on the MGM balance sheet and library report.
WATCH WHAT HAPPENS WITH NEWS AND FILINGS OVER THE NEXT FEW DAYS AND WEEKS!
SUCCESS - IN HHSE'S CASE HUGE SUCCESS
December 18, 2009
ITEM “A” – Engagement of Hogan Taylor, LLC as Corporate Auditors – The Board unanimously approved the action to engage Hogan Taylor, LLC as the company’s auditors to conduct a full audit in compliance with S.E.C. requirements.
http://www.otcmarkets.com/financialReportViewer?symbol=HHSE&id=28922
VODWIZ: Coming this summer, Hannover will launch a Video-On-Demand website and IPTV Channel known as VODwiz. The VODwiz brand hopes to become "The Netflix of Independent Movies" by offering thousands of foreign, independent, esoteric and "art" films that are otherwise unavailable or difficult to find on existing V.O.D. sites. Already, 10 key indie studios (collectively representing over 4,000 titles) have agreed to participate in the VODwiz roll-out... and discussions are underway with fourteen other suppliers, plus three major studios. Consumers will have the option of watching VODwiz titles on either a "Pay-Per-Transaction" basis (for as little as $.99 per movie), or on a subscription basis (ala Netflix) with an all-you-can-watch option for $5.99 per month. As the total number of movies uploaded reaches a threshold of 2,000 titles, then the VODwiz consumer launch campaign will begin.
Monday, March 3, 2014
http://hannoverhousemovies.blogspot.com/2014/03/welcome-to-our-new-hhse-shareholders.html
Provide proof they have completed the audit they stated was completed from 2 years ago....hint....it's impossible lmfao...
hhse
LMFAO, ooohh...the big book, the Jungle Book, a chart from November 19th until today shows what the market thinks about this POS, IMO.
hhse
How does a company with no cash pay for an audit using their own inventory to pay for it? No cash means inventory (if there is even any supposed inventory) sitting on shelf, and the pps for this POS clearly defines their shet is sitting on shelves, IMO.