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**HHSE DUE_DILIGENCE**Uplist To OTC:QB, Step-by-Step $0.10+
Per Yahoo Finance right now HHSE has a Book Value of $0.04. Though extremely hard to quantify, the HHSE Audits and Form 10 add further significant value to HHSE. Not to mention HHSE Uplist to OTC:QB (get off the Pinks) with a broader base of more sophisticated and knowledgeable investors. This partly explains why accredited investors are willing to pay premium prices (S-1) for HHSE.
Not sure what it will look like yet, But I will be keeping a Due Diligence post here based somewhat on the blueprint below. It is a work in progress that will be changing frequently as info becomes available. Will try to maintain as a Sticky Post.
**** Steps To HHSE Uplisting, $0.10+ ****
Step 1.) AUDITED FINANCIALS
Step 2.) FORM 10 REGISTRATION
Step 3.) S-1 SHELF REGISTRATION
Step 4.) TRANSITION TO TWO PRONGED BUSINESS MODEL
Step 4 a.) MYFLIX
Step 4 b.) FOUR MAJOR FILMS PER YEAR
Step 5.) UPLIST OTC:QB
Step 6.) HHSE/SONY/RANDOM DISTRIBUTION PARTNERSHIPS
* (Need to mention this item. HHSE Updated Film Library Evaluation. Have not included yet, because not sure how it plays in to HHSE new business model. Updated Film Library Evaluation should be completed. Stated in OTCMarkets Document the new HHSE Film Library Evaluation equals at least $28,000,000).
**** Most Recent, Pertinent Blog, News ... ****
* BLOG-1/1/19: Greetings & Welcome-To-2019: THE YEAR FOR HANNOVER HOUSE!
* Form 10 Lights Fuse, S-1 Ignites HHSE Stock Price
* BLOG-11/4 HHSE Business Model, Form 10 & S-1 Registrations
* 3rd Quarter Financials Analysis (Debt/Lawsuits Reduced, Clean-Up Balance Sheet)
* HHSE Anticipates Fraudulent/Erroneous/Nuisance Lawsuits Resolved Within Two Months
**** DD Links ****
* HHSE Technical Analysis: Self-Updating Short/Long Term Charts (With Accum/Dist Lines)
* HHSE CEO Eric Parkinson Professional BIOgraphy With Photos
Step-1: HHSE FINANCIAL AUDITS - Debt/Lawsuits Reduction/Elimination, Clean-Up Balance-Sheet
GAAP - (Generally Accepted Accounting Principles) is a collection of commonly-followed accounting rules and standards for financial reporting.
PCAOB - Public Company Accounting Oversight Board
Audited Annual Financials prepared in accordance with U.S. GAAP by a PCAOB auditor
The purpose of the independent audit is to add credibility to the reported financial position and performance of the business. To provide assurance that the management has presented financial statements that are free from material error.
A financial statements audit is the examination of an entity's financial statements and accompanying disclosures by an independent auditor. The result of this examination is a report by the auditor, attesting to the fairness of presentation of the financial statements and related disclosures. The auditor's report must accompany the financial statements when they are issued to the intended recipients.
Audit Opinion Letter
An auditor issues an audit opinion letter after completing the audit process, and this is included in the audited financial statements. In this letter, the auditor reveals the financial statements reviewed and the audit method used. If there were no material errors in the financial statements, then the auditor will give an audit opinion that the financial statements represent a true and fair view of the company’s performance and position.
Qualities, Results of HHSE Financial Audit:
* GAAP
* PCAOB Auditor
* Process of Resolving All Nuisance Lawsuits
* Reduce/Eliminate Debt
* Balance Sheet Clean-Up
* Third Party Verification
* SEC Reporting Standards
* Credibility & Accountability
* Builds Investor Knowledge & Confidence of HHSE
How much does a public company Audit cost? Anywhere from $20,000 to $150,000 or more, depending on the size and complexity of the company scrutinized. Therefore, it is a considerable cost that involves great time, effort and company resources that usually satisfies a company goal. In the case of HHSE the effort is justified by an Uplist to Higher Stock Exchange OTC:QB with its access to a wider, larger, numbers of more knowledgeable and sophisticated investors base. Along with the accompanying access to Investment Capital required to properly Finance and Fund the ambitious Growth Plans of the Company.
SONY PICTURES HOME ENTERTAINMENT & DISTRIBUTION STRATEGIES - HHSE has been working for over a year now with industry veteran ERIC DOCTOROW, who is best known for his 20+ years as President of Paramount Home Entertainment (a $-Billion+ Division), and more recently as C.E.O. of Random Media. Many current and upcoming HHSE titles will enjoy the distribution support through SONY as well as Video-On-Demand with The Orchard, and for selected titles, worldwide distribution with Sony Pictures International. HHSE / Medallion are maintaining the existing distribution pacts with other wholesalers - most notably Cinedigm. But for eligible and qualifying titles, the distribution access into Sony's powerhouse field sales force and distribution pipeline is something of a material development for HHSE. This move enables HHSE Management to focus on productions, acquisitions and theatrical release activities - and turn over the distraction and difficulties of home video distribution (as well as the cash-flow drain of video manufacturing and freight) to be handled under more beneficial terms.
Step-5: UPLIST OTCQB (More Sophisticated & Knowledgeable Investors, Funding)
Getting off the Pinksheets and onto the OTC:QB will expose HHSE Stock to a wider pool of more sophisticated and knowledgeable investors. Secondarily, it also enables additional methods (S-1) of Financing HHSE Growth Expansion. Following the Filing of HHSE Form 10 there is a 60 Day SEC Review Period, after which HHSE Stock will be UPLISTED to OTC:QB.
October 23, 2017
HHSE Board of Directors approves Uplisting / Registration Costs:
hannoverhousemovies.blogspot.com/2017/10/hhse-board-of-direcdtors-approves.html
OTC:QB Benefits, Fact Sheet:
https://www.otcmarkets.com/files/OTCQB%20Fact%20Sheet%20for%20U.S.%20Companies.pdf
Step-4b: FOUR MAJOR-FILMS PER-YEAR (High-Caliber Casts, 500+ Theaters)
By "Major Films" we mean that the company plans to release FOUR (4) features per year that have high-profile casts and which deserve (and get) broad theatrical distribution (500 or more locations). The first of these "Major Films" is a feature that's 95% completed at this time, and which HHSE plans to release in early MARCH, 2019. This title has NOT yet been announced.
To avoid getting into a bidding war for the acquisition of rights, it is believed these major films will need to be PRODUCED by (or with the assistance of), HHSE in the Studio capacity. These titles have been structured to cover HHSE overhead and operating costs... as well as to generate lucrative distribution fees and theatrical marketing service income. Management believe that the revenue potential of each film is in the multiple-millions. In addition to S-1 funding, other "packaged"financing will be utilized.
P&A FUNDS SECURED AGAINST VIDEO / V.O.D. - HHSE has been working with a proven P&A funder for a structure which provides substantial (multi-million dollar) traunches of theatrical release support for qualifying titles under a major studio Video / V.O.D. assignment. HHSE will enjoy the benefits (and upfront fees) from the marketing of titles under this P&A structure - as well as earned sales fees from theatrical settlements. Furthermore, the assignment of video rights to the major studio partner relieves HHSE of the need for substantial video staff and manufacturing funds.
CO-PRODUCTION PARTNERS, INTERNATIONAL PRE-SALES, INCENTIVES AND "GAP" - With respect to the facilitation of a major feature film - such as "MELTDOWN" - the assembly of financing for this $10-mm production in many ways is easier than raising $500,000 for a small indie production. Why? Well, first of all, having three major stars in "MELTDOWN" provides pre-sale interest for the receipt of bankable licensing agreements. Next, the higher stature also encourages greater support from State Incentive programs, and finally the existence of significant pre-sales can be leveraged to obtain what is known as "Gap" financing in the entertainment industry (e.g., a bank loan for "the gap still needed" - secured against the unsold territories). We also may bring in "co-production partners" for a portion of financing or in-kind services, as a variation on the pre-sale model.
For Major feature films structured in this manner - in which HHSE has essentially "packaged" the financing elements and performed the Executive Producer or Studio function - there will be significant fees paid to HHSE upfront... as well as certain assignable allocated overhead expenses. Additionally, after completion of the production, HHSE will launch the films to theatres under the P&A structure described above - also generating operating overhead through marketing fees, booking services and sales settlements.
Whether correct or not, HHSE website states that "MELTDOWN" will be in production April 2019.
Step-6: HHSE, SONY-PICTURES, RANDOM-MEDIA DISTRIBUTION PARTNERSHIPS (Eric Doctorow)
SONY PICTURES HOME ENTERTAINMENT & DISTRIBUTION STRATEGIES - HHSE has been working for over a year now with industry veteran ERIC DOCTOROW, who is best known for his 20+ years as President of Paramount Home Entertainment (a $-Billion+ Division), and more recently as C.E.O. of Random Media. Many current and upcoming HHSE titles will enjoy the distribution support through SONY as well as Video-On-Demand with The Orchard, and for selected titles, worldwide distribution with Sony Pictures International. HHSE / Medallion are maintaining the existing distribution pacts with other wholesalers - most notably Cinedigm. But for eligible and qualifying titles, the distribution access into Sony's powerhouse field sales force and distribution pipeline is something of a material development for HHSE. This move enables HHSE Management to focus on productions, acquisitions and theatrical release activities - and turn over the distraction and difficulties of home video distribution (as well as the cash-flow drain of video manufacturing and freight) to be handled under more beneficial terms.
hannoverhousemovies.blogspot.com/2018/02/the-superbowl-of-hhse-blog-updates.html
(Has not occurred yet, due to an E & O Insurance Issue)
hannoverhousemovies.blogspot.com/2015/12/hhse-is-honoroed-to-add-industry.html
It's-OFFICIAL: MYFLIX-WILL GET-US-TO 36+ cents/share. Launch-is-weeks-away.
MYFLIX GROWTH (A $100MM VENTURE)- With a monthly break-even of only 12,000 subscribers (at $8 each) or 30,000 total TVOD Transactions (or a mixture of both revenue streams), MyFlix is anticipated to be Cash-Flow Positive within 90-days of initial consumer launch. Comparable sites, such as Acorn.TV have over 700,000 monthly subscribers (generating almost $100-mm per year in gross subscription revenues). So, we are optimistic that MyFlix has the potential to be a major venture and cash-flow generator for HHSE as quickly as April of 2019.
****HHSE DUE_DILIGENCE: Uplist-OTC:QB, True & Fair Value $0.10+ ****
Per Yahoo Finance right now HHSE has a Book Value of $0.04. Though extremely hard to quantify, the HHSE Audits and Form 10 add further significant value to HHSE. Not to mention HHSE Uplist to OTC:QB (get off the Pinks) with a broader base of more sophisticated and knowledgeable investors. This partly explains why accredited investors are willing to pay premium prices (S-1) for HHSE.
Not sure what it will look like yet, But I will be keeping a Due Diligence post here based somewhat on the blueprint below. It is a work in progress that will be changing frequently as info becomes available. Will try to maintain as a Sticky Post.
**** Steps To HHSE Uplisting, $0.10+ ****
Step 1.) AUDITED FINANCIALS
Step 2.) FORM 10 REGISTRATION
Step 3.) S-1 SHELF REGISTRATION
Step 4.) TRANSITION TO TWO PRONGED BUSINESS MODEL
Step 4 a.) MYFLIX
Step 4 b.) FOUR MAJOR FILMS PER YEAR
Step 5.) UPLIST OTC:QB
Step 6.) HHSE/SONY/RANDOM DISTRIBUTION PARTNERSHIPS
* (Need to mention this item. HHSE Updated Film Library Evaluation. Have not included yet, because not sure how it plays in to HHSE new business model. Updated Film Library Evaluation should be completed. Stated in OTCMarkets Document the new HHSE Film Library Evaluation equals at least $28,000,000).
**** Blog, News ... ****
* NEWS(PR)/DD: New Multi-Studio MyFlix Home-Page Sneak Peek (Launching)
* Form 10 Lights Fuse, S-1 Ignites HHSE Stock Price
* BLOG-11/4 HHSE Business Model, Form 10 & S-1 Registrations
* 3rd Quarter Financials Analysis (Debt/Lawsuits Reduced, Clean-Up Balance Sheet)
* HHSE Anticipates Fraudulent/Erroneous/Nuisance Lawsuits Resolved Within Two Months
**** DD Links ****
* HHSE Technical Analysis: Self-Updating Short/Long Term Charts (With Accum/Dist Lines)
* HHSE CEO Eric Parkinson Professional BIOgraphy With Photos
HAPPY NEW YEAR....2019 IS OUR YEAR
Step-4b: FOUR MAJOR-FILMS PER-YEAR (High-Caliber Casts, 500+ Theaters)
By "Major Films" we mean that the company plans to release FOUR (4) features per year that have high-profile casts and which deserve (and get) broad theatrical distribution (500 or more locations). The first of these "Major Films" is a feature that's 95% completed at this time, and which HHSE plans to release in early MARCH, 2019. This title has NOT yet been announced.
To avoid getting into a bidding war for the acquisition of rights, it is believed these major films will need to be PRODUCED by (or with the assistance of), HHSE in the Studio capacity. These titles have been structured to cover HHSE overhead and operating costs... as well as to generate lucrative distribution fees and theatrical marketing service income. Management believe that the revenue potential of each film is in the multiple-millions. In addition to S-1 funding, other "packaged"financing will be utilized.
P&A FUNDS SECURED AGAINST VIDEO / V.O.D. - HHSE has been working with a proven P&A funder for a structure which provides substantial (multi-million dollar) traunches of theatrical release support for qualifying titles under a major studio Video / V.O.D. assignment. HHSE will enjoy the benefits (and upfront fees) from the marketing of titles under this P&A structure - as well as earned sales fees from theatrical settlements. Furthermore, the assignment of video rights to the major studio partner relieves HHSE of the need for substantial video staff and manufacturing funds.
CO-PRODUCTION PARTNERS, INTERNATIONAL PRE-SALES, INCENTIVES AND "GAP" - With respect to the facilitation of a major feature film - such as "MELTDOWN" - the assembly of financing for this $10-mm production in many ways is easier than raising $500,000 for a small indie production. Why? Well, first of all, having three major stars in "MELTDOWN" provides pre-sale interest for the receipt of bankable licensing agreements. Next, the higher stature also encourages greater support from State Incentive programs, and finally the existence of significant pre-sales can be leveraged to obtain what is known as "Gap" financing in the entertainment industry (e.g., a bank loan for "the gap still needed" - secured against the unsold territories). We also may bring in "co-production partners" for a portion of financing or in-kind services, as a variation on the pre-sale model.
For Major feature films structured in this manner - in which HHSE has essentially "packaged" the financing elements and performed the Executive Producer or Studio function - there will be significant fees paid to HHSE upfront... as well as certain assignable allocated overhead expenses. Additionally, after completion of the production, HHSE will launch the films to theatres under the P&A structure described above - also generating operating overhead through marketing fees, booking services and sales settlements.
Whether correct or not, HHSE website states that "MELTDOWN" will be in production April 2019.
It's OFFICIAL: MYFLIX-WILL GET-US-TO 36+ cents/share. Launch-is-near.
https://www.otcmarkets.com/stock/HHSE/news/Home-Page-Sneak-Peek-for-Epic-new-mul
https://hannoverhouse.com/press-releases
https://hannoverhouse.com/investor-relations
S-1 SHELF-REGISTRATION - ($4,500,000 Cash-Infusion)
* Significant Premium "ABOVE" Market
* $.045 - $.10
* Acts as Floor To Stock Price
* Potential $4,500,000
* Money is Deposited in Company Treasury Available For Corporate Investment [/
Step-6: HHSE, SONY-PICTURES, RANDOM-MEDIA DISTRIBUTION PARTNERSHIPS (Eric Doctorow)
SONY PICTURES HOME ENTERTAINMENT & DISTRIBUTION STRATEGIES - HHSE has been working for over a year now with industry veteran ERIC DOCTOROW, who is best known for his 20+ years as President of Paramount Home Entertainment (a $-Billion+ Division), and more recently as C.E.O. of Random Media. Many current and upcoming HHSE titles will enjoy the distribution support through SONY as well as Video-On-Demand with The Orchard, and for selected titles, worldwide distribution with Sony Pictures International. HHSE / Medallion are maintaining the existing distribution pacts with other wholesalers - most notably Cinedigm. But for eligible and qualifying titles, the distribution access into Sony's powerhouse field sales force and distribution pipeline is something of a material development for HHSE. This move enables HHSE Management to focus on productions, acquisitions and theatrical release activities - and turn over the distraction and difficulties of home video distribution (as well as the cash-flow drain of video manufacturing and freight) to be handled under more beneficial terms.
hannoverhousemovies.blogspot.com/2018/02/the-superbowl-of-hhse-blog-updates.html
(Has not occurred yet, due to an E & O Insurance Issue)
hannoverhousemovies.blogspot.com/2015/12/hhse-is-honoroed-to-add-industry.html
Want-This-In-Your Portfilio??????? MYFLIX: Digital-Streaming Website & OTT Channel
A simple yet fair question. Can still be had under .02 a share. Once the Imminent Form 10 lights this fuse, HHSE will be .04 To .10 a share. Do your DD and make a wise decision.
SHORTS-HAVING DIFFICULTY-WITH MYFLIX-PROOF. DESTROYS-THE-LONGTERM "MYFLIX DOESN'T-EXISTS" CRAP.
MYFLIX SCREENSHOT, PROOF OF EXISTENCE. PROGRESSING TOWARDS OFFICIAL LAUNCH
hannoverhousemovies.blogspot.com/2018/12/holiday-update-on-myflix.html
iHub NewsWire
9-YEARS-OF-PERSISTENT-INTEREST FROM-THOSE-SCARED-OF-HHSE'S-SUCCESS-TELLS-LONGS-ALL-THEY-NEED-TO-KNOW...LOLOL
Step-4a: MYFLIX Multifaceted Digital-Streaming, Website & OTT Channel
https://myflix.com/
* 30+ Suppliers
* 10,000+ Films
* 2,000+ Hours Television-Programming
* Watch Thousands Feature Films & TV Episodes
* Learn Educational Programming
* Play Menu of single-player, group-play Video Games
* Various Per Transaction, Monthly Subscription and Multiple Pricing Options
* Planned Launch Winter 2019
Management is still working on the pricing models for the various Subscription options. However, we are attempting to work out a $7-per-month model for "watch" only, and a $10-per-month "premium model" (which allows for multiple users, limitations as well as achievement awards access). Our initial (first year) target is to have 100,000 subscription customers, averaged at $8.50 per month - for annualized gross revenues of $10.2-million. The operational system we are building with Amazon will accommodate data servicing for up to 50-million monthly subscriptions, should the venture prove to be widely popular!
August 25, 2017
Three Steps to a POWERFUL Marketing Angle & Position (Watch, Learn, Play):
hannoverhousemovies.blogspot.com/2017/08/vodwiz-presents-three-steps-to-powerful.html
July 4, 2018
Myflix - Brand Positioning for the New Media Marketplace:
hannoverhousemovies.blogspot.com/2018/07/myflix-brand-positioning-for-new-media.html
MyFlix Sample Page
hannoverhousemovies.blogspot.com/2018/12/holiday-update-on-myflix.html
HHSE
SHORTS-HAVING DIFFICULTY-WITH MYFLIX-PROOF. DESTROYS-THE-LONGTERM "MYFLIX DOESN'T-EXISTS" CRAP.
MYFLIX SCREENSHOT, PROOF OF EXISTENCE. PROGRESSING TOWARDS OFFICIAL LAUNCH
hannoverhousemovies.blogspot.com/2018/12/holiday-update-on-myflix.html
iHub NewsWire
MYFLIX GROWTH (A $100MM VENTURE)- With a monthly break-even of only 12,000 subscribers (at $8 each) or 30,000 total TVOD Transactions (or a mixture of both revenue streams), MyFlix is anticipated to be Cash-Flow Positive within 90-days of initial consumer launch. Comparable sites, such as Acorn.TV have over 700,000 monthly subscribers (generating almost $100-mm per year in gross subscription revenues). So, we are optimistic that MyFlix has the potential to be a major venture and cash-flow generator for HHSE as quickly as April of 2019.
It's-OFFICIAL: MYFLIX-WILL GET-US-TO 36+ cents/share. Launch-is-weeks-away.
$0.10 or more ...
Step 1.) AUDITED FINANCIALS
Step 2.) FORM 10 REGISTRATION
Step 3.) S-1 SHELF REGISTRATION
Step 4.) TRANSITION TO TWO PRONGED BUSINESS MODEL
Step 4 a.) MYFLIX
Step 4 b.) FOUR MAJOR FILMS PER YEAR
Step 5.) UPLIST OTC:QB
Step 6.) HHSE/SONY/RANDOM DISTRIBUTION PARTNERSHIPS
JUST LOOK AT THIS COMPANY...LONGS ARE ONLY POSTING REAL DD....WE DONT REALLY HAVE TO "PUMP" THIS COMPANY...IF YOU JUST LOOK YOU WOULD SEE THAT THIS IS THE START OF SOMETHING EPIC....JUST DO SOME REAL SEARCHING...DISCOVER FOR YOURSELF WHAT WE HAVE HERE....JUST LOOK
NEWS(Press Release): New Multi-Studio MyFlix Home Page Sneak Peek
Home Page Sneak Peek for Epic New Multi-Studio MyFlix Streaming Site
12/26/2018
Hannover House, Inc. (OTC: HHSE) is positioned to reinvent the way consumers see independent movies with its epic new, multi-studio streaming site, MyFlix.com and the MyFlix over-the-top (OTT) APP. MyFlix will feature over 10,000 feature films, television series and video programs for over forty key suppliers, and is expected to launch in the next few weeks. Consumers will be able to view individual programs for as little as $1.99 per transaction, or sign-up for broad programming access via the subscription models which start at only $8 per month.
The Principal MyFlix supplier partners will be individually announced over the next few weeks leading into the consumer launch of the site. A sneak-peek "teaser look" at the MyFlix Home Page is available at:
hannoverhousemovies.blogspot.com/
Hannover House and MyFlix have indicated that the titles currently seen on this sneak-peek layout are not necessarily the titles that will ultimately be the featured programs once the site and OTT APP are launched.
"As consumers are moving more towards the digital delivery of entertainment, we feel that a one-stop site that represents dozens of studios will be an attractive destination for programming," said Eric Parrkinson, Hannover House and MyFlix C.E.O. "We want to make MyFlix into one of the world's largest content streaming sites, by offering thousands of movies and programs not otherwise available on other digital platforms."
Hannover House is a full-service, independent entertainment company, operating continuously since 1993 (over 25-years). The company has generated many hits from both its book publishing division as well as with the home video / DVD activities covering more than 450 feature films. Hannover House also releases films to theatres, both as a methodology to enhance the anciallary values for films from home video and streaming, but also as a "servicing" partner for titles being distributed onto home video by other companies (including LIONSGATE, FOX and MGM). Hannover House C.E.O. Eric Parkinson has been in the home video industry since 1983. Parkinson achieved his first #1 national best-seller with the 1984 Summer Olympic Highlights video, in partnership with ABC Sports. Parkinson has earned 127 R.I.A.A. or I.T.A. gold or platinum certified videos, including multiplatinum successes with popular hits such as TERMINATOR, LITTLE NEMO, THE MAGIC VOYAGE, THE PRINCESS AND THE GOBLIN, HIGHLANDER 2, OXYGEN and SAVAGE LAND. The Hannover House President is D. Frederick Shefte, who left his practice as a partner in a San Diego law firm to become a Walmart vendor, and later to serve as the Trust Officer for the Bank Of Fayetteville (handling the collection and disbursement of over $10-mm in Hannover House sales revenues). Shefte joined Hannover House in 2007, and is primarily responsible for operational matters, including the manufacturing and shipment of consumer goods to retailers and wholesalers.
https://www.otcmarkets.com/stock/HHSE/news/Home-Page-Sneak-Peek-for-Epic-new-multi-studio-MyFlix-Streaming-Site?id=214146
NEWS(Press Release): New Multi-Studio MyFlix Home Page Sneak Peek
Home Page Sneak Peek for Epic New Multi-Studio MyFlix Streaming Site
12/26/2018
Hannover House, Inc. (OTC: HHSE) is positioned to reinvent the way consumers see independent movies with its epic new, multi-studio streaming site, MyFlix.com and the MyFlix over-the-top (OTT) APP. MyFlix will feature over 10,000 feature films, television series and video programs for over forty key suppliers, and is expected to launch in the next few weeks. Consumers will be able to view individual programs for as little as $1.99 per transaction, or sign-up for broad programming access via the subscription models which start at only $8 per month.
The Principal MyFlix supplier partners will be individually announced over the next few weeks leading into the consumer launch of the site. A sneak-peek "teaser look" at the MyFlix Home Page is available at:
hannoverhousemovies.blogspot.com/
Hannover House and MyFlix have indicated that the titles currently seen on this sneak-peek layout are not necessarily the titles that will ultimately be the featured programs once the site and OTT APP are launched.
"As consumers are moving more towards the digital delivery of entertainment, we feel that a one-stop site that represents dozens of studios will be an attractive destination for programming," said Eric Parrkinson, Hannover House and MyFlix C.E.O. "We want to make MyFlix into one of the world's largest content streaming sites, by offering thousands of movies and programs not otherwise available on other digital platforms."
Hannover House is a full-service, independent entertainment company, operating continuously since 1993 (over 25-years). The company has generated many hits from both its book publishing division as well as with the home video / DVD activities covering more than 450 feature films. Hannover House also releases films to theatres, both as a methodology to enhance the anciallary values for films from home video and streaming, but also as a "servicing" partner for titles being distributed onto home video by other companies (including LIONSGATE, FOX and MGM). Hannover House C.E.O. Eric Parkinson has been in the home video industry since 1983. Parkinson achieved his first #1 national best-seller with the 1984 Summer Olympic Highlights video, in partnership with ABC Sports. Parkinson has earned 127 R.I.A.A. or I.T.A. gold or platinum certified videos, including multiplatinum successes with popular hits such as TERMINATOR, LITTLE NEMO, THE MAGIC VOYAGE, THE PRINCESS AND THE GOBLIN, HIGHLANDER 2, OXYGEN and SAVAGE LAND. The Hannover House President is D. Frederick Shefte, who left his practice as a partner in a San Diego law firm to become a Walmart vendor, and later to serve as the Trust Officer for the Bank Of Fayetteville (handling the collection and disbursement of over $10-mm in Hannover House sales revenues). Shefte joined Hannover House in 2007, and is primarily responsible for operational matters, including the manufacturing and shipment of consumer goods to retailers and wholesalers.
https://www.otcmarkets.com/stock/HHSE/news/Home-Page-Sneak-Peek-for-Epic-new-multi-studio-MyFlix-Streaming-Site?id=214146
It's-OFFICIAL: MYFLIX-WILL GET-US-TO 36+ cents/share. Launch-is-weeks-away.
MYFLIX GROWTH (A $100MM VENTURE)- With a monthly break-even of only 12,000 subscribers (at $8 each) or 30,000 total TVOD Transactions (or a mixture of both revenue streams), MyFlix is anticipated to be Cash-Flow Positive within 90-days of initial consumer launch. Comparable sites, such as Acorn.TV have over 700,000 monthly subscribers (generating almost $100-mm per year in gross subscription revenues). So, we are optimistic that MyFlix has the potential to be a major venture and cash-flow generator for HHSE as quickly as April of 2019.
Step-1: HHSE FINANCIAL AUDITS - Debt/Lawsuits Reduction/Elimination, Clean-Up Balance-Sheet
GAAP - (Generally Accepted Accounting Principles) is a collection of commonly-followed accounting rules and standards for financial reporting.
PCAOB - Public Company Accounting Oversight Board
Audited Annual Financials prepared in accordance with U.S. GAAP by a PCAOB auditor
The purpose of the independent audit is to add credibility to the reported financial position and performance of the business. To provide assurance that the management has presented financial statements that are free from material error.
A financial statements audit is the examination of an entity's financial statements and accompanying disclosures by an independent auditor. The result of this examination is a report by the auditor, attesting to the fairness of presentation of the financial statements and related disclosures. The auditor's report must accompany the financial statements when they are issued to the intended recipients.
Audit Opinion Letter
An auditor issues an audit opinion letter after completing the audit process, and this is included in the audited financial statements. In this letter, the auditor reveals the financial statements reviewed and the audit method used. If there were no material errors in the financial statements, then the auditor will give an audit opinion that the financial statements represent a true and fair view of the company’s performance and position.
Qualities, Results of HHSE Financial Audit:
* GAAP
* PCAOB Auditor
* Process of Resolving All Nuisance Lawsuits
* Reduce/Eliminate Debt
* Balance Sheet Clean-Up
* Third Party Verification
* SEC Reporting Standards
* Credibility & Accountability
* Builds Investor Knowledge & Confidence of HHSE
How much does a public company Audit cost? Anywhere from $20,000 to $150,000 or more, depending on the size and complexity of the company scrutinized. Therefore, it is a considerable cost that involves great time, effort and company resources that usually satisfies a company goal. In the case of HHSE the effort is justified by an Uplist to Higher Stock Exchange OTC:QB with its access to a wider, larger, numbers of more knowledgeable and sophisticated investors base. Along with the accompanying access to Investment Capital required to properly Finance and Fund the ambitious Growth Plans of the Company.
SHORTS-HAVING DIFFICULTY-WITH MYFLIX-PROOF. DESTROYS-THE-LONGTERM "MYFLIX DOESN'T-EXISTS" CRAP.
MYFLIX SCREENSHOT, PROOF OF EXISTENCE. PROGRESSING TOWARDS OFFICIAL LAUNCH
hannoverhousemovies.blogspot.com/2018/12/holiday-update-on-myflix.html
iHub NewsWire
9-YEARS-OF-PERSISTENT-INTEREST FROM-THOSE-SCARED-OF-HHSE'S-SUCCESS-TELLS-LONGS-ALL-THEY-NEED-TO-KNOW...LOLOL
BLOG-Update/DD: MYFLIX Mega Venture, Sneak Peek "HOLIDAY UPDATE!"
HHSE-DUE-DILIGENCE: Audits, Form-10, S-1, SEC Compliant, Uplist-OTC:QB, $0.10+:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145679742
Monday, December 24, 2018
Holiday Update on MyFlix!
Greetings HHSE Longs, Friends & Followers - as we wrap up this past year of metamorphosis and reinvention, some have asked for a "HOLIDAY UPDATE" on the mega-venture, MYFLIX.
Accordingly, we have decided to offer a SNEAK PEEK of some screen grabs from key layout pages. Please note that these are NOT necessarily the featured titles that will appear on the home page of the site and O.T.T. APP on our official launch date. Also keep in mind that the genre' category menus SCROLL to the right for 36 titles per subcategory... and that the primary HERO BANNER rotates every few seconds (with six featured titles). These are merely the FEATURED titles for each primary Genre'. For users to access the full library of titles available on MyFlix, they can search under each sub-genre' directory... or use the home-page SEARCH function. MyFlix charges our supplier partners a premium placement fee to be a featured title (except for POPULAR MOVIES, which is driven by actual transactions).
Merry Christmas, Happy New Year, Happy Holidays and May the Coming Year be Joyous, Lucrative and Healthy for all Deserving Friends!
hannoverhousemovies.blogspot.com/2018/12/holiday-update-on-myflix.html
S-1 Registration Buyer (Cash-Infusion) Significant Party Known, Verified
Quote:
4). S-1 REGISTRATION - HHSE has been in discussions with three significant parties that have expressed support of buying HHSE shares under a S-1 Shelf Registration (simultaneous with the Form 10, or almost immediately thereafter).
Almost Christmas Eve, have decided to share some DD. 3 significant parties huh? Not sure who the 3 are, but following through on public info I am fairly confident my DD has logically verified 1 person (possibly 2) party(ies). I am surprised no one else has uncovered this, since they were public comments, writing by the CEO in the past. It was almost like he wanted to identify the party (he kind of has, but no one has followed through). I (we) have also witnessed public cooperation between the two. I am almost tempted to reveal party, but i will not, loose lips sink ships. Rather let things run their natural course. After Audit, Form 10, followed by S-1, in a few weeks or days it should become public knowledge then all will know.
I will only share 4 things about the party:
1.) Work(ed) in the Financial Services Industry.
2.) Thus versed in business and investing.
3.) The party has helped run the family business.
4.) It is public knowledge the party family head has personal net worth of $2 Billion+. (Let me make crystal clear. This is not just money invested in the family business. The family head has personal net worth of $2,000,000,000,000, per a universally known publication).
Yes....that is what I think....so this could get really exciting this year.....Merry Christmas.....
SNAPSHOT INTO Q1, 2019 - What is HHSE anticipating in the next coming quarter? With the Form 10 and MyFlix completed in the coming weeks, the foundation will be set for HHSE to step-up, full-speed, into the new business initiatives.
S-1 Registration Buyer (Cash-Infusion) Significant Party Known, Verified
Quote:
4). S-1 REGISTRATION - HHSE has been in discussions with three significant parties that have expressed support of buying HHSE shares under a S-1 Shelf Registration (simultaneous with the Form 10, or almost immediately thereafter).
Almost Christmas Eve, have decided to share some DD. 3 significant parties huh? Not sure who the 3 are, but following through on public info I am fairly confident my DD has logically verified 1 person (possibly 2) party(ies). I am surprised no one else has uncovered this, since they were public comments, writing by the CEO in the past. It was almost like he wanted to identify the party (he kind of has, but no one has followed through). I (we) have also witnessed public cooperation between the two. I am almost tempted to reveal party, but i will not, loose lips sink ships. Rather let things run their natural course. After Audit, Form 10, followed by S-1, in a few weeks or days it should become public knowledge then all will know.
I will only share 4 things about the party:
1.) Work(ed) in the Financial Services Industry.
2.) Thus versed in business and investing.
3.) The party has helped run the family business.
4.) It is public knowledge the party family head has personal net worth of $2 Billion+. (Let me make crystal clear. This is not just money invested in the family business. The family head has personal net worth of $2,000,000,000,000, per a universally known publication).
HHSE Uplisting, $0.10+ Coming
Step 1.) AUDITED FINANCIALS
Step 2.) FORM 10 REGISTRATION
Step 3.) S-1 SHELF REGISTRATION
Step 4.) TRANSITION TO TWO PRONGED BUSINESS MODEL
Step 4 a.) MYFLIX
Step 4 b.) FOUR MAJOR FILMS PER YEAR
Step 5.) UPLIST OTC:QB
Step 6.) HHSE/SONY/RANDOM DISTRIBUTION PARTNERSHIPS
MERRY CHRISTMAS HHSE....HERES TO WINNING IN 2019....LUCKY US....CHEERS
LIKE MANY BOMBS....EXCITING
SIMILARLY, ALL REMAINING FRAUDULENT JUDGMENTS WILL BE GONE..