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Thursday, October 11, 2018 2:18:51 PM
UPDATE: As previously disclosed, HHSE is the worldwide distributor for GETTING GRACE in all media; apparently, the manner in which rights holders utilize sub-licensors and wholesalers has confused some of those posting on "chat boards" - who have falsely reported that Hannover House is NOT the distributor of the film. We don't believe that these parties are actually confused... we believe that they are spreading more of their misinformation in order to negatively impact shareholder enthusiasm and the HHSE stock price. However, unlike chat room trolls that hide behind fake identities, HHSE managers live in the real world - illuminated with light and proudly visible. Don't be confused by intentional misinformation spewed from chat room trolls. They have NO Legal Requirement to be accurate and truthful!
AUDIT-UPLIST / OPERATIONAL & LEGAL UPDATES:
(Oct. 11 - 2018) Yesterday (Tuesday, Oct. 10) turned into an unexpected road-trip as an out-of-state Press Check for the GETTING GRACE "Outer O-Card Sleeves" monopolized the day. In any event, here are some quick updates on issues not covered on Monday.
A). Audit-Uplist - With Fred Shefte now released from the hospital, the freight allocation worksheets (and their impact on producer statements) should be reviewed and finalized this week.
B). Operational Issues - The unexpected timing for "GETTING GRACE" into major video chains for November 6 has created a bit of a scramble for packaging, replication, and freight fulfillment issues... but all are being handled and the title is set for November 6. Other operational issues and titles are less urgent.
C). Legal Updates - The legal filings to effectively "freeze" all activities regarding JSJ and Bedrock matters were on hold during Shefte's hospitalization. However, with his release, we anticipate these motions being completed for filing within the next week. The legal strategy being pursued is similar to HHSE's successful motions in stopping another toxic lender, TCA Global Master Fund, from the enforcement of fraudulently obtained judgments.
D). MyFlix - HHSE C.E.O. Eric Parkinson held some important meetings in Los Angeles last week with principal (and prospective) MyFlix Supplier Studios. Although it's quite tempting to say "guess who we are negotiating with?" - better form suggests awaiting formal (joint) announcement of key new suppliers. Meanwhile, the laborious process of uploading /on-boarding titles for this massive library continues - as the MyFlix site will clearly be among the top echelon of streaming sites in terms of total programming.
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