Hannover House Inc (HHSE)

[mdimport]

If you're working off of the following 2015 revenue estimates:
$10M = $0.07-$0.10
$15M = $0.10-0.15

I ran the numbers for HHSE based on the 4Q2014 numbers reported in the recent HHSE blog and HHSE Common should be valued on the trailing twelve months figures somewhere between $0.020 - $0.030.

The $0.02 - $0.03 estimate excludes:
- whatever revenues have been booked in 1Q2015
- any forward-looking projections for the rest of 2015 (first assumptions at the top of this post)
- VODWiz

Summary: At current prices, HHSE continues to be a conservative buy-and-hold.