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I think the Blog said soon
UPDATE to BLOG
4). DAISY WINTERS & GETTING GRACE - Both matters are progressing through the glacially slow legal processes of their foreign state actions; we await the opportunity to have each case adjudicated and dismissed under Arkansas law. Neither of these matters is an impediment to our Form 10 filing, and neither matter poses a significant or material threat to the company due to the factual basis in both cases and the eventual adjudication in Arkansas.
NEW BLOG
Friday, August 16, 2019
Update on Legal Matters for HHSE / Impacting Form 10 Filing
Greetings HHSE Friends & Followers - Another week has passed, and to those on the outside looking in, it may appear that there has not been forward progress on key HHSE legal matters. This would not be a correct assumption. Here's a quick bullet point summary:
1). JSJ - TEXAS & ARKANSAS - attorneys are engaged in both domiciles and motions are prepared to freeze collection activities as well as seek damages. Because the HHSE attorney's are communicating with JSJ counsel, we have been advised to not disclose the status of such discussions or pending motions. But we feel quite confident of a favorable outcome for HHSE regardless of the details and final action chosen.
2). LEWIN VS HANNOVER HOUSE - Arkansas counsel has been engaged to prepare the motion to oppose the foreign judgment. Based on the fact that there was never any agreement for $1.3-mm as alleged by the Plaintiff... or that the HHSE officers "personally guaranteed" this non-existent verbal agreement... our corporate counsel is confident with this Arkansas adjudication strategy.
3). UPTONE PICTURES - A near identical filing as with the Lewin matter (above) is being pursued for the bizarre case of Uptone Pictures suing HHSE for Uptone's failure to fund the Prints & Ads costs for "UNION BOUND." It is a laughably meritless case, bordering on fraud against the California courts.
4). DAISY WINTERS & GETTING GRACE - Both matters are progressing through the glacially slow legal processes of their foreign state actions; we await the opportunity to have each case adjudicated and dismissed under Arkansas law.
It may be interesting to note that after changing the company's release strategy (to avoid lower-end productions and inexperienced program suppliers), that the company has not endured ANY NEW disputes or lawsuits following the 2017 release of DAISY WINTERS. Granted, that's only been 19-months, but it's such a relief to only be working now on higher-profile titles with industry veterans, and avoiding the distracting and delusional expectations of first-time film producers. The higher profile titles are also easier to sell and more profitable... so there are many benefits to this adjustment in the company's acquisition strategy.
Stay tuned for major news on event-level title activities for Hannover House.
Onward....
What would it matter, Eric's the one that would know if he's second position.
You guy's had a good day, congrats
Pete - from the CEO HHSE Blog
5). HANNOVER'S STOCK "PUBLIC FLOAT" IS TIGHTLY CONTROLLED - the vast majority of the HHSE "public-float" stock (over 85%) is controlled by about thirty key shareholders that have made the long-term commitment to hold their shares and to support a move of the stock past the $.10 / share level (or higher). These are sophisticated and substantial traders and investors who recognize that the UPSIDE RUN has not yet happened for Hannover House - and that any one of the key corporate endeavors could trigger an explosive appreciation in stock interest and pricing. This tight control and shareholder commitment has made the stock price very STABLE over the past nine years. While there have been some short-term "peaks" in pricing (and a few, short-term dips), the year-over-year AVERAGE stock price without any of these significant corporate benchmarks has averaged between $.011 and $.028 / share... putting the current stock pricing at the bottom end of the company's historic average trading ranges.
NIO Announces Voluntary Recall of 4,803 ES8s for Battery Safety Concerns
Bids are building
Take this one behind the barn and shoot it
Nice pop at the close LOL
Maybe the problem here is NIO is 1 of over 100 Chinese companies making EV's
where's that donut guy that call the bottom @ 4.85
Is this going to $2 or $10 ?
I think the market is closed tomorrow
30Million shares traded today, how much is dilution ?
32 investors own 85% of HHSE, that's pretty impressive. I think that qualifies as a float lock.
I guess 4.90 was not the bottom
Just like Trumps 40% base, HHSE 85% base is not going anywhere.
NEW BLOG - New SHM time and location
How does the number of attendees have any bearing on the content or significance of the meeting ?
Myflix Blog _NEW
What is the jump in price ?
BeverlyH said
Shares are still cheap, but the cheapest are long gone.
Almost forgot about NTEK bought @.0019 sold @ .13
Your daughter obviously has a nice portfolio, I also have NOC since $50
EXAS since $36 sold UAA near its high after purchasing around $12 if HHSE goes to Zero I will not be happy but Ill live just fine.
That's all you got ? Who cares ?
I'm willing to bet the person or entity that bought a "test" amount totaling 8-mm shares of HHSE knows more about the company than 99.5% of the posters on this board.
WEALTHY investor buys 8,000,000 shares of HHSE on the open market and wants more through S-1 purchase.
A modest "test" of HHSE pricing resistance occurred last July when a relatively modest amount of buying pressure about $120,000 (8-mm shares) was conducted last July by one major investor, which buying pressure caused the HHSE stock price to literally DOUBLE in only a few days...
I bet that all pertains to a fully reporting company.
What are you talking about ?
Its called building/maintaining relationships within the industry.
You would think the seller would raise the ask.
Blog update
a). "Stay" Motions in foreign / sister state judgments; With Parkinson now back from the Berlin / EFM market, the filings to "stay" all actions in the cases of dubious foreign judgments will be promptly filed in the Washington County Courts in Arkansas. These include: LEWIN, JSJ and BEDROCK. There remains no collection efforts in Arkansas by ORIGIN (Texas) at this time, reducing the urgency to address this particular matter. REVISED (UPDATED 2-20-2019 at 5:45-pm Central). Shareholders have asked for updates / clarifications about two legal issues: The Crimson case (L.A. Superior Court) and a new Bedrock filing (Washington County, Arkansas). The Crimson case has been DISMISSED and there is no "status conference" tomorrow or trial next week; accordingly, we did not feel it merited mentioning in the blog today. With respect to BEDROCK, an unaffiliated third-party garnishee (Regal Entertainment) has filed a motion for dismissal of the Bedrock levy, on the basis of excusable neglect and non-affiliation. Again, because this was not a filing that impacted HHSE's position (and pending motion for dismissal), we did not feel it merited mentioning in this blog today.
When Eric announced the March film he said it was 90 or 95 percent complete. Maybe its still not complete, not in his control.
Not that it really matters but Chicago must have a glut of hotel rooms.
you can get a room in the finest hotel for $300-400, a bargain compared to most major US cities.