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Saturday, February 19, 2022 1:11:00 PM
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HHSE Announces Annual Meeting of Shareholders, March 11, 2022
Press Release | 01/24/2022
Hannover House, Inc., (OTC: HHSE) announced that shareholders of record as of 12-31-2021 (and current as of March 10, 2022), will be invited to attend (or to live-stream) the company's shareholders meeting on March 11, 2022 at 11-am. The meeting will be held in mid-town Manhattan, New York City, with details provided to confirmed attendees.
"We think this will be an exciting meeting for HHSE shareholders," said President & C.E.O. Eric Parkinson. "We held back on scheduling the meeting until after the filing of our registration in order to focus our management time on both the registration tasks as well as the pre-launch for the MyFlix service. This timing puts us comfortably into the next phase for the company's activities and growth," he continued.
Hannover House, Inc. has been operating continuously since 1993, with media products ranging from book publishing to theatrical film exhibition. The company's status as a top-ten Walmart DVD supplier began to erode as consumer trends shifted towards direct-to-home streaming a few years ago. The COVID-19 pandemic accelerated this paradigm shift, which is ideal for the company's new MyFlix multi-studio streaming service.
"Hannover House is unique to both OTC market equities as well as to the independent media industry," said Parkinson. "The company has been operating continuously for 29-years and has had top success in each of the consumer products arenas that we have pursued. Both achievements are rare and suggest the resiliency of the company and likelihood that our MyFlix service will prove to be a big success as well," he continued.
In the book publishing arena, Hannover's release of "Blood, Money & Power: How LBJ Killed JFK" reached # 1 best seller status for Amazon.com, and # 11 on the New York Times Bestseller's list. The company's DVD and home entertainment releases included top sellers such as "Savage Land" (600,000+ units), "Future Shock" (500,000+ units) and "Grand Champion" (400,000+ units). The company's 2014 theatrical release of "On Any Sunday: The Next Chapter" was the top grossing theatrical sports documentary of that year at $543,000 USA box office gross.
"MyFlix will benefit from our observation and statistical data of consumer trends as to what is working for the direct-to-home streaming market," said Parkinson. "We believe that the programming, pricing structure and unique features of MyFlix will position the venture and HHSE for extraordinary success this year and for the coming era," he concluded.
https://www.otcmarkets.com/stock/HHSE/news/HHSE-Announces-Annual-Meeting-of-Shareholders-March-11-2022?id=340339
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