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Tuesday, 03/20/2018 11:43:59 AM

Tuesday, March 20, 2018 11:43:59 AM

Post# of 370963
VODWIZ - The Company has reached an understanding for funding terms with a private investment group for the required financing to complete the VODWIZ website (to the Amazon digital formatting standards), and to upload over 2,500 titles and launch the site and the OTT channel.  The timing of the launch is planned to occur immediately prior to the May 9th Cannes Film Festival start - as the VODWIZ site has the capability of delivering content worldwide (titles are restricted by territory based on underlying rights). As the marketplace matures and moves more towards digital streaming, the VODWIZ plan to carry thousands of programs from dozens of indie suppliers (and three major studio suppliers!), is potentially "the tail that wagged the dog" for HHSE revenues and future operations.  The funding venture is expected to be documented and executed within the next few days.    
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