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Longevity Matters - in an industry with lots of "pop-up" new suppliers that almost always quickly "poop-out" - a company like Hannover House (operating continuously for over 25-years now) has built-up a lot of credibility and recognition within the supplier community and industry trade press. You can't buy that sort of familiarity... it must be earned over a long period of time. But clearly, with the unanimous supplier support of MyFlix, we are finally witnessing a commercial harvest of the goodwill and recognition of the Hannover House brand.
Television (basic cable) deals can now be more lucrative than Netflix licensing, due to increasingly lower license fees from Netflix - while key cable channels are increasingly supportive of higher fees for the right titles.
MyFlix is huge. The unanimous supplier support for this streaming venture - including support of on-boarding fees and supplier provided marketing - indicates that this venture is the right business model (and finally) at the right time. We believe that Cannes 2018 will be marked as the point in time that HHSE evolved into primarily a streaming portal.
Longevity Matters - in an industry with lots of "pop-up" new suppliers that almost always quickly "poop-out" - a company like Hannover House (operating continuously for over 25-years now) has built-up a lot of credibility and recognition within the supplier community and industry trade press. You can't buy that sort of familiarity... it must be earned over a long period of time. But clearly, with the unanimous supplier support of MyFlix, we are finally witnessing a commercial harvest of the goodwill and recognition of the Hannover House brand.
Television (basic cable) deals can now be more lucrative than Netflix licensing, due to increasingly lower license fees from Netflix - while key cable channels are increasingly supportive of higher fees for the right titles.
MyFlix is huge. The unanimous supplier support for this streaming venture - including support of on-boarding fees and supplier provided marketing - indicates that this venture is the right business model (and finally) at the right time. We believe that Cannes 2018 will be marked as the point in time that HHSE evolved into primarily a streaming portal.
No Dilution in 2 1/2+ Years. No Plans To Ever Again!
LAUNCHING SUMMER 2018
The initial stage of the Myflix platform launches this summer with an impressive selection of quality independent feature films - along with an assortment of major studio hits and popular television programming. Consumers will have the option to see literally THOUSANDS of films and programs on either a "per-transaction" basis (pricing starting at $1.99 per feature), or an all-you-can-watch monthly subscription (starting at $8 per month).
Program suppliers receive detailed monthly statements and direct ACH payments from the Myflix platform host.
Video Games
In early Fall 2018, Myflix will add a portal for consumers to access VIDEO GAMES, including multi-player interactive games as well as self-contained, single-player experiences. Access to the Video Games portal can be restricted or limited by parents under the Myflix subscription plan - enabling them to create rewards points earned from the Educational portal as a key to accessing the video games portal.
Educational Programming
In late Fall 2018, Myflix is adding a third portal for access to a wide range of educational programming. From the basics of Science, Technology, Engineering and Mathematics - to foreign language, history, geography, political theory, arts, music and more - the Myflix educational portal will provide consumers and students with a one-stop source for knowledge enrichment. Parents can also create rewards points for their kids, based on the successful completion of educational programs and tests.
INFUSION OF NEW SHAREHOLDERS - There is a significant list of individuals, funds and investment groups that have been observing and following HHSE for years (and communicating frequently with Hannover House as to their interest). We're not talking about "toxic lenders" of the sorts like TCA or JSJ that function as neither legitimate investors nor lenders but are instead operating on the fringes of securities and usury laws by structuring inflated stock conversion ventures. No, we are talking about legitimate, high-net worth individuals and "whale" funds that see an EASY step to pop the HHSE stock to north of $.10 per share, prior to the implementation of more sophisticated investment tools (ranging from multi-million dollar lines of credit to direct stock purchase ventures). FOR INSTANCE - with HHSE at $.10 per share, an investment group pursuing a direct-stock purchase of 9.9% equity,would be buying approx. 80-mm sharesfor a payment directly to HHSE of $8-million. That would be an $8-million cash infusion that could be used to grow operations and revenues, and to clean-up the Company's balance sheet debts, perhaps negotiating substantial reductions in exchange for cash in some cases (most of which were already discussed with major creditors during last year's protracted Crimson Forest merger effort).
Please note that we are NOT saying that the Company definitely will obtain a multi-million dollar line of credit under attractive terms post-registration... and that we are NOT saying we will be issuing any new stock at all once the HHSE price hits $.10 per share. But we want it to be clear to our shareholders that these options would exist after a registration filing followed by the infusion of new shareholder capital on the open market. It's a powerful position that is obtainable for the Company... and one that does not currently exist as a Pinksheets-listed equity.
SHARE LIQUIDITY AND EXCHANGE - Once registered, the Company's shares can be moved to electronic trading platforms (DWAC / DTC) for simplified deposit of shares and trading eligibility for many larger funds and brokerages.
SHARE LIQUIDITY AND EXCHANGE - Once registered, the Company's shares can be moved to electronic trading platforms (DWAC / DTC) for simplified deposit of shares and trading eligibility for many larger funds and brokerages.
INFUSION OF NEW SHAREHOLDERS - There is a significant list of individuals, funds and investment groups that have been observing and following HHSE for years (and communicating frequently with Hannover House as to their interest). We're not talking about "toxic lenders" of the sorts like TCA or JSJ that function as neither legitimate investors nor lenders but are instead operating on the fringes of securities and usury laws by structuring inflated stock conversion ventures. No, we are talking about legitimate, high-net worth individuals and "whale" funds that see an EASY step to pop the HHSE stock to north of $.10 per share, prior to the implementation of more sophisticated investment tools (ranging from multi-million dollar lines of credit to direct stock purchase ventures). FOR INSTANCE - with HHSE at $.10 per share, an investment group pursuing a direct-stock purchase of 9.9% equity,would be buying approx. 80-mm sharesfor a payment directly to HHSE of $8-million. That would be an $8-million cash infusion that could be used to grow operations and revenues, and to clean-up the Company's balance sheet debts, perhaps negotiating substantial reductions in exchange for cash in some cases (most of which were already discussed with major creditors during last year's protracted Crimson Forest merger effort).
Please note that we are NOT saying that the Company definitely will obtain a multi-million dollar line of credit under attractive terms post-registration... and that we are NOT saying we will be issuing any new stock at all once the HHSE price hits $.10 per share. But we want it to be clear to our shareholders that these options would exist after a registration filing followed by the infusion of new shareholder capital on the open market. It's a powerful position that is obtainable for the Company... and one that does not currently exist as a Pinksheets-listed equity.
LAUNCHING SUMMER 2018
The initial stage of the Myflix platform launches this summer with an impressive selection of quality independent feature films - along with an assortment of major studio hits and popular television programming. Consumers will have the option to see literally THOUSANDS of films and programs on either a "per-transaction" basis (pricing starting at $1.99 per feature), or an all-you-can-watch monthly subscription (starting at $8 per month).
Program suppliers receive detailed monthly statements and direct ACH payments from the Myflix platform host.
Video Games
In early Fall 2018, Myflix will add a portal for consumers to access VIDEO GAMES, including multi-player interactive games as well as self-contained, single-player experiences. Access to the Video Games portal can be restricted or limited by parents under the Myflix subscription plan - enabling them to create rewards points earned from the Educational portal as a key to accessing the video games portal.
Educational Programming
In late Fall 2018, Myflix is adding a third portal for access to a wide range of educational programming. From the basics of Science, Technology, Engineering and Mathematics - to foreign language, history, geography, political theory, arts, music and more - the Myflix educational portal will provide consumers and students with a one-stop source for knowledge enrichment. Parents can also create rewards points for their kids, based on the successful completion of educational programs and tests.
Just got word from @DeathHouseMovie producers and @boxofficemojo that #DeathHouse has averaged over 3400 per screen! pic.twitter.com/F1fCUPL4yI
— B Harrison Smith (@HarrisonSmith85) May 19, 2018
No Dilution in 2 1/2+ Years. No Plans To Ever Again!
Myflix is going to be HUGE!!!!!
LAUNCHING SUMMER 2018
The initial stage of the Myflix platform launches this summer with an impressive selection of quality independent feature films - along with an assortment of major studio hits and popular television programming. Consumers will have the option to see literally THOUSANDS of films and programs on either a "per-transaction" basis (pricing starting at $1.99 per feature), or an all-you-can-watch monthly subscription (starting at $8 per month).
Program suppliers receive detailed monthly statements and direct ACH payments from the Myflix platform host.
Video Games
In early Fall 2018, Myflix will add a portal for consumers to access VIDEO GAMES, including multi-player interactive games as well as self-contained, single-player experiences. Access to the Video Games portal can be restricted or limited by parents under the Myflix subscription plan - enabling them to create rewards points earned from the Educational portal as a key to accessing the video games portal.
Educational Programming
In late Fall 2018, Myflix is adding a third portal for access to a wide range of educational programming. From the basics of Science, Technology, Engineering and Mathematics - to foreign language, history, geography, political theory, arts, music and more - the Myflix educational portal will provide consumers and students with a one-stop source for knowledge enrichment. Parents can also create rewards points for their kids, based on the successful completion of educational programs and tests.
Private investment capital for the creation and launch of Myflix has been secured under a structure in which Hannover House will manage the venture and earn a significant upside. Additional details on the financing structure will be disclosed in an OTC Markets disclosure filing.
Myflix will launch to consumers in July with the portal initially focusing on feature films and television programming, viewable on a per-transaction basis. Shortly after the initial TVOD launch, a "subscription-based" model will be made available to consumers, with an all-you-want-to-watch option for a flat monthly fee. The next phase of the site's evolution will be the addition of an educational portal featuring a wide range of subjects at different grade levels. Interactive tests will enable parents to reward "viewing credits" to their children, which can be redeemed for access to feature films or video games. A third phase for Myflix is the addition of video games, both as single player and live, interactive multiplayer platforms.
After four years of development under the project name of VODWIZ, independent studio Hannover House, Inc. (OTC PINK: HHSE) has announced the formal branding and launch of a multifaceted digital streaming platform, website and OTT channel. The venture, announced today at the Cannes Film Festival, will be branded as MyFlix, and will feature literally thousands of feature films and episodic television programs from more than twenty major suppliers.
Originally conceived as a streaming home for independent films, the Myflix portal will also include titles from several major studios, along with educational programming and video games.
"We are very excited about the enthusiastic response from program suppliers here at Cannes," said Fred Shefte, President of Hannover House. "Over the last four years, we built a foundation of support from independent studios with large libraries of titles. But we have since added alternative titles and higher-end theatrical hits. The Myflix portal has the potential to become one of the premier destination streaming sites for all entertainment programming."
LAUNCHING SUMMER 2018
The initial stage of the Myflix platform launches this summer with an impressive selection of quality independent feature films - along with an assortment of major studio hits and popular television programming. Consumers will have the option to see literally THOUSANDS of films and programs on either a "per-transaction" basis (pricing starting at $1.99 per feature), or an all-you-can-watch monthly subscription (starting at $8 per month).
Program suppliers receive detailed monthly statements and direct ACH payments from the Myflix platform host.
Video Games
In early Fall 2018, Myflix will add a portal for consumers to access VIDEO GAMES, including multi-player interactive games as well as self-contained, single-player experiences. Access to the Video Games portal can be restricted or limited by parents under the Myflix subscription plan - enabling them to create rewards points earned from the Educational portal as a key to accessing the video games portal.
Educational Programming
In late Fall 2018, Myflix is adding a third portal for access to a wide range of educational programming. From the basics of Science, Technology, Engineering and Mathematics - to foreign language, history, geography, political theory, arts, music and more - the Myflix educational portal will provide consumers and students with a one-stop source for knowledge enrichment. Parents can also create rewards points for their kids, based on the successful completion of educational programs and tests.
Private investment capital for the creation and launch of Myflix has been secured under a structure in which Hannover House will manage the venture and earn a significant upside. Additional details on the financing structure will be disclosed in an OTC Markets disclosure filing.
Myflix will launch to consumers in July with the portal initially focusing on feature films and television programming, viewable on a per-transaction basis. Shortly after the initial TVOD launch, a "subscription-based" model will be made available to consumers, with an all-you-want-to-watch option for a flat monthly fee. The next phase of the site's evolution will be the addition of an educational portal featuring a wide range of subjects at different grade levels. Interactive tests will enable parents to reward "viewing credits" to their children, which can be redeemed for access to feature films or video games. A third phase for Myflix is the addition of video games, both as single player and live, interactive multiplayer platforms.
After four years of development under the project name of VODWIZ, independent studio Hannover House, Inc. (OTC PINK: HHSE) has announced the formal branding and launch of a multifaceted digital streaming platform, website and OTT channel. The venture, announced today at the Cannes Film Festival, will be branded as MyFlix, and will feature literally thousands of feature films and episodic television programs from more than twenty major suppliers.
Originally conceived as a streaming home for independent films, the Myflix portal will also include titles from several major studios, along with educational programming and video games.
"We are very excited about the enthusiastic response from program suppliers here at Cannes," said Fred Shefte, President of Hannover House. "Over the last four years, we built a foundation of support from independent studios with large libraries of titles. But we have since added alternative titles and higher-end theatrical hits. The Myflix portal has the potential to become one of the premier destination streaming sites for all entertainment programming."
New Hannover House Streaming Venture MYFLIX is a huge hit at Cannes with studios and program suppliers worldwide! Watch for major consumer launch this July. Portal was previously known as VODWIZ. www.MyFlix.com
New website is looking good!
GENERAL ACQUISITION ACTIVITY - Cannes remains the preeminent marketplace for high-end titles (films with major stars and significant commercial release value).There are other major film festivals, specifically Venice, Toronto and Sundance. However, all of the major producers and suppliers worldwide attend the Cannes Marche du Filme, making it a one-stop market for companies like HHSE to see the entirety of suppliers and available programming for the next year.
INTERNATIONAL SALES OPPORTUNITIES - This year, Hannover House / Medallion will be representing FOUR new release theatrical titles for worldwide sales. Each of these four films will have an official Market Screening at the Palais Des Festivals - and will be supported with display ads in the principal industry trades, plus email solicitations to international licensors and direct outreach to principal buyers in the top fourteen key territories (AUSTRALIA-NZ, BENELUX, CHINA, FRANCE, GERMANY, ITALY, JAPAN, KOREA, POLAND, PORTUGAL, SCANDINAVIA, SOUTH AFRICA SPAIN, UNITED KINGDOM). Direct licensing of these titles will generate sales commissions for HHSE / Medallion as well as assist with the recoupment of USA Theatrical P&A costs and direct payments to program licensors. Films set for Palais market screenings are:
DAISY WINTERS, GETTING GRACE, DEATH HOUSE and THE RIOT ACT (World Premiere)
UPLIST TO OTC:QB - The next natural step following registration is an automatic move of HHSE changing its annual subscription with the OTC Markets from "Pink" to QB. This more-prestigious trading platform is not only more credible to investors, but is also a threshold requirement for MANY forms of investors and institutional
INFUSION OF NEW SHAREHOLDERS - There is a significant list of individuals, funds and investment groups that have been observing and following HHSE for years (and communicating frequently with Hannover House as to their interest). We're not talking about "toxic lenders" of the sorts like TCA or JSJ that function as neither legitimate investors nor lenders but are instead operating on the fringes of securities and usury laws by structuring inflated stock conversion ventures. No, we are talking about legitimate, high-net worth individuals and "whale" funds that see an EASY step to pop the HHSE stock to north of $.10 per share, prior to the implementation of more sophisticated investment tools (ranging from multi-million dollar lines of credit to direct stock purchase ventures). FOR INSTANCE - with HHSE at $.10 per share, an investment group pursuing a direct-stock purchase of 9.9% equity,would be buying approx. 80-mm sharesfor a payment directly to HHSE of $8-million. That would be an $8-million cash infusion that could be used to grow operations and revenues, and to clean-up the Company's balance sheet debts, perhaps negotiating substantial reductions in exchange for cash in some cases (most of which were already discussed with major creditors during last year's protracted Crimson Forest merger effort).
Please note that we are NOT saying that the Company definitely will obtain a multi-million dollar line of credit under attractive terms post-registration... and that we are NOT saying we will be issuing any new stock at all once the HHSE price hits $.10 per share. But we want it to be clear to our shareholders that these options would exist after a registration filing followed by the infusion of new shareholder capital on the open market. It's a powerful position that is obtainable for the Company... and one that does not currently exist as a Pinksheets-listed equity.
SHARE LIQUIDITY AND EXCHANGE - Once registered, the Company's shares can be moved to electronic trading platforms (DWAC / DTC) for simplified deposit of shares and trading eligibility for many larger funds and brokerages.
PERSONAL BENEFITS TO HHSE MANAGERS - Suppose for a moment that you are one of the principal managers of HHSE, putting in 18+ hours a day for 10+ years and almost zero salary. What is your incentive and upside? Selling a few-million shares every four years for $.01 each? Wouldn't Parkinson and Shefte be WAAAYY better off if they never had to sell ANY of their HHSE shares in order to obtain some of the benefits that could be gleaned from a registered equity? If the registration creates greater access for investors and more become shareholders, the HHSE stock price will appreciate significantly, and with it, the value of the management-owned shares. Which is better to own: 50-million shares at $.015 each or 50-million shares at $.15 each? Clearly, HHSE Managers will benefit alongside all other HHSE Shareholders as the registered equity appreciates to its actual value.
THE ABILITY TO LEGITIMATELY ACQUIRE MAJOR VENTURES - Once fully registered, the next obtainable step is to consider another uplist to NASDAQ - as well as to also consider acquiring complementary companies that will work in synchronicity with the HHSE / VODWIZ goals and business model for growth.
... and lastly, the Form 10 Registration is important because it's important to a majority of the HHSE shareholders.
THAT SAID, the next questions posed to management often are:
a). Are you proceeding?
b). Is it all happening RIGHT NOW?
c). Is the filing of the Form 10 something that is likely to happen SUPER FAST, but definitely during the current calendar quarter?
The short answer to all three questions is YES. The longer answer is that we have completed our management folders (which are the detailed schedules, summaries and back-ups to the financials), we have completed the new library valuation, and we are days (not weeks) away from presenting the full 2016 and 2017 audit-kit years to our PCAOB auditors.
HHSE / VODWIZ is going to the Cannes Film Festival and Marche du Filme on May 9th - to not only look for new films that are conducive to the Company's core business plan (of acquiring and releasing quality theatrical films that will work for the Sony Pictures Home Video and Cinedigm models) - but also to present the live (published) BETA site of the VODWIZ portal and to sign up additional program suppliers to participate in that major endeavor. With Amazon Digital providing VODWIZ with backroom operational functions, digital streaming and consumer payment / financial management - (including real-time access to transaction details and payments) - the HHSE / VODWIZ management focus can be on acquiring quality content and building subscribers and per-transaction customers.
VODWIZ can quickly become one of the top streaming portals and OTT Channels in the world, offering (literally) thousands of feature films and hundreds of hours of episodic television programming direct-to-consumers (and via both a per-transaction sale basis or a monthly "all you want to watch" flat subscription fee). With producer sentiments worldwide beginning to sour on the deals now available for content owners from Netflix, Hulu, Amazon Prime and other licensors and portals... the timing to announce a "new V.O.D. storefront" for the placement of film libraries is as perfect as the current moment is for HHSE to file our Form 10 Registration.
Two projects of epic consequence and material value. Both in motion. Both happening now.
So, yes, dear shareholders: HHSE management has a renewed focus to complete the Form 10 filing as it is clearly a foundational step to enable the Company to quickly (and more easily) achieve great results. Stay tuned, but you won't have to stay patient much longer.
No Dilution in 2 1/2+ Years. No Plans To Ever Again!
HHSE / VODWIZ is going to the Cannes Film Festival and Marche du Filme on May 9th - to not only look for new films that are conducive to the Company's core business plan (of acquiring and releasing quality theatrical films that will work for the Sony Pictures Home Video and Cinedigm models) - but also to present the live (published) BETA site of the VODWIZ portal and to sign up additional program suppliers to participate in that major endeavor. With Amazon Digital providing VODWIZ with backroom operational functions, digital streaming and consumer payment / financial management - (including real-time access to transaction details and payments) - the HHSE / VODWIZ management focus can be on acquiring quality content and building subscribers and per-transaction customers.
VODWIZ can quickly become one of the top streaming portals and OTT Channels in the world, offering (literally) thousands of feature films and hundreds of hours of episodic television programming direct-to-consumers (and via both a per-transaction sale basis or a monthly "all you want to watch" flat subscription fee). With producer sentiments worldwide beginning to sour on the deals now available for content owners from Netflix, Hulu, Amazon Prime and other licensors and portals... the timing to announce a "new V.O.D. storefront" for the placement of film libraries is as perfect as the current moment is for HHSE to file our Form 10 Registration.
Two projects of epic consequence and material value. Both in motion. Both happening now.
So, yes, dear shareholders: HHSE management has a renewed focus to complete the Form 10 filing as it is clearly a foundational step to enable the Company to quickly (and more easily) achieve great results. Stay tuned, but you won't have to stay patient much longer.
THE ABILITY TO LEGITIMATELY ACQUIRE MAJOR VENTURES - Once fully registered, the next obtainable step is to consider another uplist to NASDAQ - as well as to also consider acquiring complementary companies that will work in synchronicity with the HHSE / VODWIZ goals and business model for growth.
... and lastly, the Form 10 Registration is important because it's important to a majority of the HHSE shareholders.
THAT SAID, the next questions posed to management often are:
a). Are you proceeding?
b). Is it all happening RIGHT NOW?
c). Is the filing of the Form 10 something that is likely to happen SUPER FAST, but definitely during the current calendar quarter?
The short answer to all three questions is YES. The longer answer is that we have completed our management folders (which are the detailed schedules, summaries and back-ups to the financials), we have completed the new library valuation, and we are days (not weeks) away from presenting the full 2016 and 2017 audit-kit years to our PCAOB auditors.
PERSONAL BENEFITS TO HHSE MANAGERS - Suppose for a moment that you are one of the principal managers of HHSE, putting in 18+ hours a day for 10+ years and almost zero salary. What is your incentive and upside? Selling a few-million shares every four years for $.01 each? Wouldn't Parkinson and Shefte be WAAAYY better off if they never had to sell ANY of their HHSE shares in order to obtain some of the benefits that could be gleaned from a registered equity? If the registration creates greater access for investors and more become shareholders, the HHSE stock price will appreciate significantly, and with it, the value of the management-owned shares. Which is better to own: 50-million shares at $.015 each or 50-million shares at $.15 each? Clearly, HHSE Managers will benefit alongside all other HHSE Shareholders as the registered equity appreciates to its actual value.
SHARE LIQUIDITY AND EXCHANGE - Once registered, the Company's shares can be moved to electronic trading platforms (DWAC / DTC) for simplified deposit of shares and trading eligibility for many larger funds and brokerages.
INFUSION OF NEW SHAREHOLDERS - There is a significant list of individuals, funds and investment groups that have been observing and following HHSE for years (and communicating frequently with Hannover House as to their interest). We're not talking about "toxic lenders" of the sorts like TCA or JSJ that function as neither legitimate investors nor lenders but are instead operating on the fringes of securities and usury laws by structuring inflated stock conversion ventures. No, we are talking about legitimate, high-net worth individuals and "whale" funds that see an EASY step to pop the HHSE stock to north of $.10 per share, prior to the implementation of more sophisticated investment tools (ranging from multi-million dollar lines of credit to direct stock purchase ventures). FOR INSTANCE - with HHSE at $.10 per share, an investment group pursuing a direct-stock purchase of 9.9% equity,would be buying approx. 80-mm sharesfor a payment directly to HHSE of $8-million. That would be an $8-million cash infusion that could be used to grow operations and revenues, and to clean-up the Company's balance sheet debts, perhaps negotiating substantial reductions in exchange for cash in some cases (most of which were already discussed with major creditors during last year's protracted Crimson Forest merger effort).
Please note that we are NOT saying that the Company definitely will obtain a multi-million dollar line of credit under attractive terms post-registration... and that we are NOT saying we will be issuing any new stock at all once the HHSE price hits $.10 per share. But we want it to be clear to our shareholders that these options would exist after a registration filing followed by the infusion of new shareholder capital on the open market. It's a powerful position that is obtainable for the Company... and one that does not currently exist as a Pinksheets-listed equity.