Hannover House Inc (HHSE)

[speckulater]

ORIGIN SETTLEMENT: Direct (Actual) Balance (plus $20k) NOT-Hundreds-of -Thousands-Sought









August 8, 2018

Quick update on ORIGIN matter

Greetings HHSE Friends & Followers - we are pleased to announce that the Origin lawsuit has been settled by mutual agreement on day two of the non-jury trial in Dallas. HHSE was combatting a claim by Origin Releasing (successor to Studio 3 Entertainment) which was seeking hundreds of thousands of dollars for what HHSE disputed as non-existent royalties for sales that did not occur or amounts were being sought that did not conform to the contract terms. This was the fourth producer lawsuit in the past two years that HHSE has disputed based on math and on contract terms. In each case, HHSE has either prevailed or settled for actual amounts due.

In 25-years, HHSE has had to deal with 11 lawsuits from producers out of 455 total titles - earning HHSE the distinction of being the least likely company to be sued by producers out of all full-service indie distributors in the North American marketplace.

http://hannoverhousemovies.blogspot.com/2018/08/quick-update-on-origin-matter.html





October 21, 2018

4). LEGAL ISSUES - ......... Additionally, the settlement made with Origin Releasing prior to the final court verdict in August, will be reaffirmed for the direct (actual) balance (plus $20k for legal costs) with a "super-judgment" amount held in abeyance as a velvet hammer to motivate HHSE's timely performance of the settlement (which will be paid off in monthly installments over the next ten months - or sooner at HHSE's discretion).

HHSE reminds longs that the stock-board xxxxxx have always been wrong with their claims that "the sky is falling" due to various legal matters over the the years... and reminds our shareholders that HHSE has always been proven 100% correct when disclosing that the occasional legal matters are not material threats to the company's ongoing operations or viability.

http://hannoverhousemovies.blogspot.com/2018/10/hhse-nitty-gritty-of-operational-legal.html











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