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Monday, November 09, 2020 10:27:59 AM
What we are waiting for is the resolution of the Presidential election and the expected (rumored or predicted?) uncertainty and conflicts to be derived therefrom. Over the past 15-months, HHSE has been communicating with prospective S1 supporters, including companies with existing activities in the digital streaming arenas, who have multiple incentives to support the MyFlix venture. The consensus last week was that the general uncertainty in the marketplace - fueled by at least THREE major factors - would temper the enthusiasm of general market support for the S1 offering. While we cannot wait for a resolution of all issues - we DO believe that a peaceful resolution to the U.S. elections will help calm concerns that are presently impacting the timing of HHSE filings. We are not anticipating post-election issues that are not resolved quickly... and that this resolution will restore market confidence.
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