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10/22/17 HHSE IR BLOG: "HHSE Maturation "To Next Level" Already Well Underway:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=136936288 ;
10/23/17 HHSE IR BLOG: HHSE Board of Directors Approves UPLISTING, Form 10 Costs & Implementation:
http://hannoverhousemovies.blogspot.com/2017/10/hhse-board-of-direcdtors-approves.html ;
11/22/17 HHSE IR BLOG: HHSE NEEDS To UPLIST, but No Dilution By Way Of Merger Required:
http://hannoverhousemovies.blogspot.com/2017/11/and-very-happy-thanksgiving-to-all-hhse.html ;
IRS ACKNOWLEDGES LEVY ERROR - HHSE management is pleased to report that a levy issued by the IRS for "estimated payroll taxes" has been corrected and relieved after providing required documentation for the payroll reporting periods previously in question. We have been told that the IRS levy will be lifted (and customers notified) within the next 21 days, and the future reporting of payroll taxes (through our third-party payroll service) will correctly identify the Employer I.D. Numbers that sparked the arbitrary / estimated assessment in the first place.
PRODUCT$-PRODUCT$-PRODUCT$. GETTING.GRACE-WHERE'S.THE.DRAGON-BLOODFEAST-DAISY.WINTERS-BATTLECREEK & OTHERS
GETTING GRACE - Hot on the heels of a major NYC Market festival SWEEP of all major awards, HHSE will be releasing this Faith-Based Comedy-Drama nationwide on February 10, 2018 - with an outreach campaign that includes mega-churches and a key-market BUS TOUR with star and director DANIEL ROEBUCK ("Matlock", "The Fugitive") to drive local market enthusiasm.
WHERE'S THE DRAGON - With the dissolution of the merger between HHSE and Crimson Forest, the company is finally cleared to revert back to the terms of the Dec. 2016 distribution agreement for this title. Accordingly, on February 3, 2018, this enchanting Animated Feature will be released to theatres in key markets, in advance of a May, 2018 Home Video and V.O.D. launch.
DEATH HOUSE - A wild horror-comedy from the producer of "Bill & Ted's Bogus Journey" is building strong horror-market enthusiasm from conventions and specialty sites. Opens Jan. 19, 2018 in a yet-undetermined (but significant) number of theatres!
CHOSEN - this impressive World War II thriller continues to get theatrical bookings in key USA markets, and now into CANADA (Toronto, Ottawa, Calgary and Vancouver)... watch for playdates in December and January.
BLOODFEAST - Now that the MPAA has approved our fourth edit for "R-Rating Status" - we can FINALLY get mainstream theatres to book this picture... watch for a roll-out beginning Nov. 17 into top markets (staggered over a 2-month period).
DAISY WINTERS - a much broader release (over 100 theatres) is set for December 1st for this awards-worthy drama featuring stunning performances from Brooke Shields and a breakout performance from young Sterling Jerins in the title role. The Media support has already begun, fueled by the Hannover House MEDIA DAY in NYC on Sept. 26, plus a special event premiere at the Regal Union Square (NYC) on Oct. 5. Already, Brooke has appeared on several national talk shows promoting DAISY WINTERS, including Bravo's WATCH WHAT HAPPENS LIVE and the highly rated TODAY SHOW on NBC. Much more to come, including major feature stories in People Magazine, USA Today, Closer, In-Touch, ACCESS HOLLYWOOD, EXTRA and E! TV.
BATTLECREEK - the acclaimed dramatic thriller from director ALISON EASTWOOD opens in two weeks (Nov. 3), in approx. 20 locations in key USA Markets. The film's primary star is BILL SKARSGARD, well-known from his current smash hit "IT" (he plays Pennywise, the scary clown), and his upcoming Stephen King TV series, "Castlerock." We have been fortunate to receive major media support for BATTLECREEK, including National TV show placements on: ACCESS HOLLYWOOD, EXTRA, E! and ENTERTAINMENT TONIGHT, and Alison Eastwood interview appearances on FOX AND FRIENDS, THE VIEW, TALK, GOOD DAY NY and HOME AND FAMILY. There will be an "Eastwood Family Screening Event" in Los Angeles on opening night (Nov. 3), which will be opento the public (and is expected to generate good attendance).
No dilution!
"we do NOT need to dilute our shareholders by 42% (or any amount) in order to become fully registered and uplisted."
SELDOM DOES A $0.10-$0.30 STOCK TRADE BELOW $0.02. TREMENDOUSLY UNDERVALUED. A GREAT BUYING OPPORTUNITY FOR ANYONE NOT ALREADY LOADED WITH SHARES AND READY FOR THE TAKE-OFF.
LONGS HAVE THE FLOAT LOCKED
FORM 10, AUDIT, UPLIST - STARTING JANUARY 2018
DAISY WINTERS WILL EASILY MAKE $2.5M+ FROM POST-THEATRICAL REVENUE SOURCES SUCH AS DVDS, BLUE RAYS, TV AND VOD (NETFLIX, VODWIZ, ETC). AS EVERYONE KNOWS, A THEATRICAL RELEASE SIMPLY SATISFIES REQUIREMENTS AND GREATLY AMPLIFIES LIFETIME REVENUES OF A TITLE.
"BATTLECREEK" PROVED THAT POST-THEATRICAL PROCEEDS ARE WHAT MATTER. THEATRICAL RELEASE OF SMALL INDIE MOVIES ARE JUST PRE-REQUISITES FOR MUCH LARGER PROFITS FROM DVD, BLUE RAY, VOD AND TV REVENUES. JUST LOOK AT THE RATIO OF BATTLECREEK PROCEEDS FROM BOX OFFICE VS. $1M+ PROCEEDS FROM POST-THEATRICAL REVENUES.
BUT EVERYONE ALREADY KNEW THIS, SINCE IT WAS CLEARLY EXPLAINED IN THE BLOGS AND PROVEN IN THE MARKETPLACE MANY TIMES.
http://hannoverhousemovies.blogspot.com/2017/11/battlecreek-theatrical-launch-meeting.html ;
How major? Well - based on video preorders already received from Walmart, Target, Best Buy, K-Mart and Family Video - BATTLECREEK will be the largest new release video shipment since 20th Century Fox Home Video shipped over 250,000 units of "TWELVE" for HHSE back in January, 2011. Because of what happened THIS WEEKEND with BATTLECREEK in theatres, HHSE will have our biggest December ever.
HHSE Board of Directors approves Uplisting / Registration Costs
Dear HHSE Friends, Followers & Shareholders: At a special meeting of the Board of Directors of Hannover House, Inc., held on Thursday, October 19 at 11:00-am, the Board voted unanimously to immediately reinstate the prior filing activities to register the company's stock shares with the Securities and Exchange Commission (Form 10). The Board also authorized the following budgetary expenditures - to be funded from ongoing cash flows - to promptly complete this task:
HHSE
Steps and Budget for UPLISTING
Item
Description
Amount
1
Internal Data Entry
$ 4,000
2
Completion of New Library Valuation
$ 20,000
3
Outside CPA Review
$ 4,500
4
PCAOB Audit
$ 50,000
5
Legal Review & Drafting
$ 6,500
6
Registration S.E.C. Filings & XBRL
$ 3,250
FIRST TIME - UPLIST REGISTRATION COSTS
$ 88,250
Ongoing Quarterly Auditor's Review
$ 5,000
Ongoing Quarterly Attorney's Review
$ 2,000
Annual Review of Q4 & prior 3-Q's
$ 20,000
Annual Attorney review and drafting
$ 3,000
ANNUAL MAINTENANCE TOTALS
$ 44,000
The one-time costs for the registration / uplist are estimated at $88,250. The ongoing (annualized) maintenance costs are estimated at $44,000 (inclusive of the Quarterly Reviews by the PCAOB Auditing firm, and the annual year-end report and legal review).
Based on current cash flow and resources - and considering the anticipated benefits to the Company and its shareholders for HHSE as a fully registered equity - the Board has authorized the immediate implementation of this plan and the authorization of these expenditures.
The Board believes that Fully Registered Shares will be more attractive to HHSE program suppliers and investors - as well as to institutional investors and hedge funds - and that pursuing these activities now is a good use of ongoing cash flows.
PRODUCT$-PRODUCT$-PRODUCT$. GETTING.GRACE-WHERE'S.THE.DRAGON-BLOODFEAST-DAISY.WINTERS-BATTLECREEK & OTHERS
GETTING GRACE - Hot on the heels of a major NYC Market festival SWEEP of all major awards, HHSE will be releasing this Faith-Based Comedy-Drama nationwide on February 10, 2018 - with an outreach campaign that includes mega-churches and a key-market BUS TOUR with star and director DANIEL ROEBUCK ("Matlock", "The Fugitive") to drive local market enthusiasm.
WHERE'S THE DRAGON - With the dissolution of the merger between HHSE and Crimson Forest, the company is finally cleared to revert back to the terms of the Dec. 2016 distribution agreement for this title. Accordingly, on February 3, 2018, this enchanting Animated Feature will be released to theatres in key markets, in advance of a May, 2018 Home Video and V.O.D. launch.
DEATH HOUSE - A wild horror-comedy from the producer of "Bill & Ted's Bogus Journey" is building strong horror-market enthusiasm from conventions and specialty sites. Opens Jan. 19, 2018 in a yet-undetermined (but significant) number of theatres!
CHOSEN - this impressive World War II thriller continues to get theatrical bookings in key USA markets, and now into CANADA (Toronto, Ottawa, Calgary and Vancouver)... watch for playdates in December and January.
BLOODFEAST - Now that the MPAA has approved our fourth edit for "R-Rating Status" - we can FINALLY get mainstream theatres to book this picture... watch for a roll-out beginning Nov. 17 into top markets (staggered over a 2-month period).
DAISY WINTERS - a much broader release (over 100 theatres) is set for December 1st for this awards-worthy drama featuring stunning performances from Brooke Shields and a breakout performance from young Sterling Jerins in the title role. The Media support has already begun, fueled by the Hannover House MEDIA DAY in NYC on Sept. 26, plus a special event premiere at the Regal Union Square (NYC) on Oct. 5. Already, Brooke has appeared on several national talk shows promoting DAISY WINTERS, including Bravo's WATCH WHAT HAPPENS LIVE and the highly rated TODAY SHOW on NBC. Much more to come, including major feature stories in People Magazine, USA Today, Closer, In-Touch, ACCESS HOLLYWOOD, EXTRA and E! TV.
BATTLECREEK - the acclaimed dramatic thriller from director ALISON EASTWOOD opens in two weeks (Nov. 3), in approx. 20 locations in key USA Markets. The film's primary star is BILL SKARSGARD, well-known from his current smash hit "IT" (he plays Pennywise, the scary clown), and his upcoming Stephen King TV series, "Castlerock." We have been fortunate to receive major media support for BATTLECREEK, including National TV show placements on: ACCESS HOLLYWOOD, EXTRA, E! and ENTERTAINMENT TONIGHT, and Alison Eastwood interview appearances on FOX AND FRIENDS, THE VIEW, TALK, GOOD DAY NY and HOME AND FAMILY. There will be an "Eastwood Family Screening Event" in Los Angeles on opening night (Nov. 3), which will be open to the public (and is expected to generate good attendance).
IRS ACKNOWLEDGES LEVY ERROR - HHSE management is pleased to report that a levy issued by the IRS for "estimated payroll taxes" has been corrected and relieved after providing required documentation for the payroll reporting periods previously in question. We have been told that the IRS levy will be lifted (and customers notified) within the next 21 days, and the future reporting of payroll taxes (through our third-party payroll service) will correctly identify the Employer I.D. Numbers that sparked the arbitrary / estimated assessment in the first place.
MORE VODWIZ - there's another MAJOR STUDIO ALERT in the works! Over the past three years of development, two Major Studios (each offering a small "test quantity" of titles for VODWIZ), were secured to support the initial launch of this streaming operation. Now, we are poised for a very major development of a third Major Studio with over 500 high-profile, ready-to-place titles available for the VODWIZ streaming platform. HHSE key managers (Fred Shefte and Eric Parkinson) are meeting at the studio in southern California on Friday to discuss the logistics of this venture, which is already documented through a participation term sheet.
VODWIZ UPDATE - As anticipated, we have closed a major studio venture that will provide tonnage of product to VODWIZ, including a large quantity of recent, theatrical hits. The totality of programming that will be available to consumers through VODWIZ appears to be on track to being second only to Amazon at this point. We see VODWIZ as a major portal for home entertainment digital streaming access, and potentially "the tail that wags the dog" so to speak. Additionally, we are about a week away from the anticipated finalization of a private funding structure to finance the costs associated with building the VODWIZ website (to Amazon Digital infrastructure standards), and all other pre-launch and initial consumer launch costs for this venture.
IRS ACKNOWLEDGES LEVY ERROR - HHSE management is pleased to report that a levy issued by the IRS for "estimated payroll taxes" has been corrected and relieved after providing required documentation for the payroll reporting periods previously in question. We have been told that the IRS levy will be lifted (and customers notified) within the next 21 days, and the future reporting of payroll taxes (through our third-party payroll service) will correctly identify the Employer I.D. Numbers that sparked the arbitrary / estimated assessment in the first place.
watch for playdates in December and January.
SELDOM DOES A $0.10-$0.30 STOCK TRADE BELOW $0.02. TREMENDOUSLY UNDERVALUED
BLOODFEAST - Now that the MPAA has approved our fourth edit for "R-Rating Status" - we can FINALLY get mainstream theatres to book this picture...
we have new release DVD and BluRays in the pipeline for February, March, April and May (collectively generating over $4-million in gross shipments), and we are in final documentation of major financing agreements to cover the epic productions of MOTHER GOOSE and MELTDOWN (each of which is transformative in what they will do for HHSE's profile and revenues).
DEATH HOUSE - A wild horror-comedy from the producer of "Bill & Ted's Bogus Journey" is building strong horror-market enthusiasm from conventions and specialty sites. Opens Jan. 19, 2018 in a yet-undetermined (but significant) number of theatres!
WHERE'S THE DRAGON - With the dissolution of the merger between HHSE and Crimson Forest, the company is finally cleared to revert back to the terms of the Dec. 2016 distribution agreement for this title. Accordingly, on February 3, 2018, this enchanting Animated Feature will be released to theatres in key markets, in advance of a May, 2018 Home Video and V.O.D. launch.
CHOSEN - this impressive World War II thriller continues to get theatrical bookings in key USA markets, and now into CANADA (Toronto, Ottawa, Calgary and Vancouver)... watch for playdates
eric@hannoverhouse.com
The Board believes that Fully Registered Shares will be more attractive to HHSE program suppliers and investors - as well as to institutional investors and hedge funds - and that pursuing these activities now is a good use of ongoing cash flows
"BATTLECREEK" PROVED THAT POST-THEATRICAL PROCEEDS ARE WHAT MATTER. THEATRICAL RELEASE OF SMALL INDIE MOVIES ARE JUST PRE-REQUISITES FOR MUCH LARGER PROFITS FROM DVD, BLUE RAY, VOD AND TV REVENUES. JUST LOOK AT THE RATIO OF BATTLECREEK PROCEEDS FROM BOX OFFICE VS. $1M+ PROCEEDS FROM POST-THEATRICAL REVENUES.
BUT EVERYONE ALREADY KNEW THIS, SINCE IT WAS CLEARLY EXPLAINED IN THE BLOGS AND PROVEN IN THE MARKETPLACE MANY TIMES.
http://hannoverhousemovies.blogspot.com/2017/11/battlecreek-theatrical-launch-meeting.html ;
How major? Well - based on video preorders already received from Walmart, Target, Best Buy, K-Mart and Family Video - BATTLECREEK will be the largest new release video shipment since 20th Century Fox Home Video shipped over 250,000 units of "TWELVE" for HHSE back in January, 2011. Because of what happened THIS WEEKEND with BATTLECREEK in theatres, HHSE will have our biggest December ever.
Management Reduced $90,000 Salary, Vast Majority Deferred/Accrued
Item 5. Other Information.
Additional Information required by the OTC Markets that is not (necessarily) required under S.E.C. reporting guidelines:
(OTC MARKETS “GUIDELINES FOR CURRENT REPORTING STATUS” - PART D / MANAGEMENT STRUCTURE AND FINANCIAL INFORMATION
Item 11 (A-1 through A–6) – The name of the Chief Executive Officer, members of the board of directors, as well as control persons are:
a) Eric Filson Parkinson, Chief Executive Officer and member of the board; business address for Mr. Parkinson is: 300 N. College Ave., Suite 311, Fayetteville, AR 72701. At all times during the prior five years, Mr. Parkinson has been employed as the C.E.O. of Hannover House, Inc., and Truman Press, Inc., d/b/a “Hannover House.” During 2016, Mr. Parkinson had been earning an accrued salary of ninety-thousand dollars (USD $90,000) per year, for which the vast majority has been, and continued up to and including December 31, 2016 to be deferred and accrued. As of December 31, 2016 and continuing to this date, Mr. Parkinson beneficially owned 43,141,649 shares of Class A common stock in the Company, and 2,400,000 shares of Series A Preferred Stock (for clarity, the Series A Preferred Stock Shares are managerial voting shares which have not been authorized or valued for sale, transfer or hypothecation except to Mr. Parkinson as a required tool of his management duties). Mr. Parkinson has voluntarily surrendered back into company treasury a total of 31,800,000 shares of Common Stock, to be held pending satisfaction of corporate and sales achievements, and subsequently delayed for review until September, 2017. Parkinson has no other Board memberships or affiliations other than volunteer, non-profit associations.
Page 19
HHSE 10-Q Quarterly Report August 16, 2017:
https://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=177628 ;
HHSE
No dilution!
"we do NOT need to dilute our shareholders by 42% (or any amount) in order to become fully registered and uplisted."
THE RIOT ACT is based on the true story of romance, murder and revenge that occurred at the Van Buren Opera House in 1903. The film is planned for an APRIL 27, 2018 Theatrical Release through Hannover House, with top USA Markets targeted.
GETTING GRACE - Hot on the heels of a major NYC Market festival SWEEP of all major awards, HHSE will be releasing this Faith-Based Comedy-Drama nationwide on February 10, 2018 - with an outreach campaign that includes mega-churches and a key-market BUS TOUR with star and director DANIEL ROEBUCK ("Matlock", "The Fugitive") to drive local market enthusiasm
HHSE will have its biggest December ever, THANKS TO BATTLECREEK and BILL SKARSGARD. 2017Q4
AUDITED 2016 FINANCIALS
UPDATED LIBRARY VALUATION
AUDITED 2017 FINANCIALS
AUDIT LETTER - FORM 10
SEC REVIEW (60 DAYS MAX)
UPLIST TO OTCQB
Coming soon!
FORM10-AUDIT-UPLIST: A PROCESS, NOT A ONE-DAY EVENT, BUT EVERYONE ALREADY KNOWS THAT. THERE IS A 60-DAY SEC REVIEW PERIOD (POSSIBLY FASTER) BEFORE HHSE UPLISTS TO OTCQB. THEREFORE, IT'S ACCURATE TO SAY THE PROCESS IS "STARTING" IN JANUARY.
BOGUS DEFAULT JUDGMENTS EVAPORATED: PHOTOG($2.2M),TCA($400K),REDBULL($250K),AMITYVILLE($300K).
THESE BOGUS DEFAULTS WERE SUPPOSED TO BK THE COMPANY. LMAO.
DAISY WINTERS WILL MAKE $2.5M+ FROM POST-THEATRICAL REVENUE SOURCES SUCH AS DVDS, BLUE RAYS, TV AND VOD (NETFLIX, VODWIZ, ETC). AS EVERYONE KNOWS, A THEATRICAL RELEASE SIMPLY SATISFIES REQUIREMENTS AND GREATLY AMPLIFIES LIFETIME REVENUES OF A TITLE.
"BATTLECREEK" IS ALREADY A $1MILLION+ HHSE MOVIE, AND THE REVENUES ARE JUST GETTING STARTED. SECOND LARGEST SHIPMENT EVER FOR HHSE.
BLOODFEAST - Now that the MPAA has approved our fourth edit for "R-Rating Status" - we can FINALLY get mainstream theatres to book this picture...
DEATH HOUSE - A wild horror-comedy from the producer of "Bill & Ted's Bogus Journey" is building strong horror-market enthusiasm from conventions and specialty sites. Opens Jan. 19, 2018 in a yet-undetermined (but significant) number of theatres!
WHERE'S THE DRAGON - With the dissolution of the merger between HHSE and Crimson Forest, the company is finally cleared to revert back to the terms of the Dec. 2016 distribution agreement for this title. Accordingly, on February 3, 2018, this enchanting Animated Feature will be released to theatres in key markets, in advance of a May, 2018 Home Video and V.O.D. launch.
IRS ACKNOWLEDGES LEVY ERROR - HHSE management is pleased to report that a levy issued by the IRS for "estimated payroll taxes" has been corrected and relieved after providing required documentation for the payroll reporting periods previously in question. We have been told that the IRS levy will be lifted (and customers notified) within the next 21 days, and the future reporting of payroll taxes (through our third-party payroll service) will correctly identify the Employer I.D. Numbers that sparked the arbitrary / estimated assessment in the first place.
MORE VODWIZ - there's another MAJOR STUDIO ALERT in the works! Over the past three years of development, two Major Studios (each offering a small "test quantity" of titles for VODWIZ), were secured to support the initial launch of this streaming operation. Now, we are poised for a very major development of a third Major Studio with over 500 high-profile, ready-to-place titles available for the VODWIZ streaming platform.
VODWIZ UPDATE - As anticipated, we have closed a major studio venture that will provide tonnage of product to VODWIZ, including a large quantity of recent, theatrical hits. The totality of programming that will be available to consumers through VODWIZ appears to be on track to being second only to Amazon at this point. We see VODWIZ as a major portal for home entertainment digital streaming access, and potentially "the tail that wags the dog" so to speak. Additionally, we are about a week away from the anticipated finalization of a private funding structure to finance the costs associated with building the VODWIZ website (to Amazon Digital infrastructure standards), and all other pre-launch and initial consumer launch costs for this venture.
Dear HHSE Friends, Followers & Shareholders: At a special meeting of the Board of Directors of Hannover House, Inc., held on Thursday, October 19 at 11:00-am, the Board voted unanimously to immediately reinstate the prior filing activities to register the company's stock shares with the Securities and Exchange Commission (Form 10). The Board also authorized the following budgetary expenditures - to be funded from ongoing cash flows - to promptly complete this task:
HHSE
Steps and Budget for UPLISTING
Item
Description
Amount
1
Internal Data Entry
$ 4,000
2
Completion of New Library Valuation
$ 20,000
3
Outside CPA Review
$ 4,500
4
PCAOB Audit
$ 50,000
5
Legal Review & Drafting
$ 6,500
6
Registration S.E.C. Filings & XBRL
$ 3,250
FIRST TIME - UPLIST REGISTRATION COSTS
$ 88,250
Ongoing Quarterly Auditor's Review
$ 5,000
Ongoing Quarterly Attorney's Review
$ 2,000
Annual Review of Q4 & prior 3-Q's
$ 20,000
Annual Attorney review and drafting
$ 3,000
ANNUAL MAINTENANCE TOTALS
$ 44,000
The one-time costs for the registration / uplist are estimated at $88,250. The ongoing (annualized) maintenance costs are estimated at $44,000 (inclusive of the Quarterly Reviews by the PCAOB Auditing firm, and the annual year-end report and legal review).
Based on current cash flow and resources - and considering the anticipated benefits to the Company and its shareholders for HHSE as a fully registered equity - the Board has authorized the immediate implementation of this plan and the authorization of these expenditures.
The Board believes that Fully Registered Shares will be more attractive to HHSE program suppliers and investors - as well as to institutional investors and hedge funds - and that pursuing these activities now is a good use of ongoing cash flows.
FORM 10, AUDIT, UPLIST - STARTING JANUARY 2018