Good Morning! Thank you for all the kind welcome backs & PM's. Trying to catch up a bit. Below please find responses to some of the PM comments & questions (in no particular order).
Coincidence, or not: HHSE does not appear to have had ANY NEW legal issues since Fred "retired" i.e; began to deteriorate, got ill, was divorced, hospitalized multiple times, & eventually passed. None! No NEW legal issues that I've found (so far) as Eric has been operating the company/business without him.
If memory serves this board WAS FILLED with HATRED towards Fred. For many years! Claiming, among many other things: That Fred isn't, &/or NEVER WAS, an attorney, etc.; when IN FACT Fred was a licensed attorney - FOR MANY YEARS! In REALITY, Fred was ~5 or 6mos shy of 20 years practicing as an officially licensed practitioner in California (before relocating to Arkansas) [2].
As such, I imagine his original hiring (away from Fayetteville Bank) was intended to ADVANTAGE his experience with THE LAW & FINANCE: In fairness,.... perhaps Fred had an overriding legal strategy that his illness prevented him from seeing to completion. I don't know. But of the two principle managers: The CEO (in Eric), & the President (in Fred), it was VERY CLEAR that Fred was educated, trained, versed & experienced in both the law & finance; and the best equipped to draft legal documents, negotiate the contents therein, oversee legal issues, strategize & manage any fallout, etc.. That was NEVER Eric's domain.
Fred, having come directly to HHSE from the Bank of Fayetteville (Ark.) where he worked for some 8yrs; was said to have training, experience, & knowledge in finance, business, commercial-retail financing, etc.. Fred even TAUGHT the subject at the University-level, in his role as: "Adjunct professor at the University of Arkansas in the Sam Walton School of Business" [3].
With Fred having passed however, Eric appears to have been forced to step-up & step-in -- and appears to have been immersed in negotiating NOT ONLY a NEW vision for the company & its' future; but also to clean up the legal issues, judgements, & fill-the-void left by Fred's passing. Maybe "followers", "shorts", &/or those who claim to be "entertained" here were proved justified in discussing Fred's incompetence. IDK. But they didn't have to LIE & mislead about the FACT that he was an attorney, considered to have significant expertise in finance, & was the principle manager tasked WITH BOTH while President of HHSE. Again, maybe he had an overall legal/fiscal strategy -- and he just didn't get the chance to see it through & execute. IDK.
Regardless,... the reality is: 1. Eric appears to be improving the fiscal outlook. 2. Eric appears to have stepped into the role of managing those legal issues. 3. Eric appears to have negotiated settlements. 4. Executing on those settlements with timely payments; at least as evidenced by the ABSENCE of any further legal actions. 5. AND, as best I can tell, there have been NO NEW legal claims against Hannover House SINCE Fred got sick/passed & Eric has taken the lead.
Those are positive developments. Because it didn't appear as though Fred was doing an adequate job addressing them. But, as I said, perhaps there was a legal strategy there -- that was interrupted & prevented from being seen through BECAUSE of the illnesses that ultimately took his life: May he RIP.
In today's DIGITAL WORLD, Covid's taught us that going to a physical building, renting a space, etc., isn't necessary to run a business. And as HHSE appears to be TRANSITIONING into a NEW MODEL, I sure hope Eric is taking a page out of the Covid-handbook, by; simplifying, streamlining, & benefiting by staying at home, using a computer & mobile phone to communicate, keeping expenses in check, & negotiating new deals with his 40+ years of industry contacts as he reimagines the business & EXECUTES on that vision. There is NO NEED for excess, posturing, &/or increased expenditures during this time. Meaning, I have no problem with one person running a company in transition. That's all it takes. In fact, I prefer it! Until such time as the business is outpacing his ability to manage operations, there's no need for squandering capital. Every digital job needed for this project can EASILY & relatively quickly be outsourced to many I.T. folks from all over the world, btw, who -- are often one person companies who also work from home! These days an I.P., experience, know-how, contacts, etc., are what is needed. The resources are accessible. And if I were a shareholder here, I'd hope Eric is working accordingly. Save time & money on rent, commuting, & all the rest. Keep it simple. Grow the vision. Deploy resources judiciously. Execute on the business model. And when the resources are there, pivot: Add staff & grow the business, as necessary. That's the wiser approach, .... REGARDLESS of the nonsensical rhetoric claiming otherwise.
And finally, Eric's Curriculum Vitae (example [1] below) proves he has done it before. Now it remains to be seen if he can REPEAT his past success. But unless someone here wants to share THEIR C.V., it doesn't appear that anyone's commentary (from what I've read thus far) comes with the kind of industry experience, time & successes that he has had in the past. If Eric has done it before, one might be willing to bet that he can do it again. That is part of the ALLURE of a $0.01 (penny stock). And FEW penny stocks come with the years of education, training, experience, & modest success Eric has already achieved. If he does it again with HHSE, the REWARDS could be ENORMOUS. I suspect that's what some folks are thinking. Risk vs Reward. IDK. I guess we'll see. Time will tell.... ALWAYS DOES!!
PS: Thanks for all the kind words of welcome! To answer other PM's: I haven't spoken to Eric, BUT I suspect I will reach out (at some point), as I do with all the companies I buy as part of my DD -- if I continue to see progress here. These are my initial impressions of the current circumstances as I find them & I hope I've sufficiently answered SOME questions.
I'm looking because of Wadi & because HHSE has ALWAYS rebounded well (from bottoms), & provided SIGNIFICANT RETURNS for its' shareholders. And at the end of the day, there aren't too many OTC stocks one can confidently say that about. And that's why I'm having a look, reading the board, etc.. After 29years, or however many Eric/HHSE has been in business (~12-13 for HHSE), HHSE has NOT had ONE R/S. That's like a UNICORN in the OTC. Again,... in my experience. But to each his own! Everyone to do as THEIR CAPITAL, investment goals, interests, etc., directs them.
On another NOTE: Maybe some have a VESTED INTEREST in seeing the demise of HHSE with their 24-7-365 coverage, fabrications & false claims. Otherwise why, right? There are more "entertaining" OTC dramas out there. Guys (& girls) running company's that have taken shareholders money 2-5x over already during this same (~13yr) period! Many that have already had 4-8 R/S during the past decade or so; frankly wiping out their shareholders EACH & EVERY time. Eric hasn't done that. Not ONCE. That is a rarity in the OTC from my pov. So, really,.... "not so" entertaining - by comparison!
Among the ~10,000 OTC penny stocks, the REALITY is that you've have a MUCH TOUGHER time finding company's that have endured ~13yrs that DID NOT have ONE single R/S versus how many you'd find that wiped shareholders out completely. That is a FACT! Anyone who says different is LYING THROUGH THEIR TEETH! GLA
Sources: [1]
In 1991, Hemdale brought in home video executive Eric Parkinson to establish the company's own in-house home video distribution. The new video operation was an immediate success, buoyed in large part to Parkinson's launch of the division with the original Terminator feature the same week that the James Cameron-directed sequel, T2, was released to theatres. Hemdale Home Video quickly became the cash locomotive for all operations, and in April of the following year, Hemdale Video was merged with a NASDAQ company called Peerless Productions to form a new entity, Hemdale Communications, Inc. (NASDAQ). In an attempt to attach revenues from the successful home video venture operated by Parkinson, ..... The video division's success motivated the promotion of Eric Parkinson within the Hemdale family, and ultimately to C.E.O.[20] The Hemdale video division created a collection of video titles released by Hemdale Home Video in the US; its first No. 1 hit title was the home video reissue of the original Terminator in 1991,[21] via a distribution deal it signed with the old Hemdale company, then renamed NSB Film Corporation, to release some films from the latter's 150-title library.[19][22] In 1992, Hemdale Pictures was also merged into the NASDAQ public company, Hemdale Communications, Inc.[19] In 1995, the video rights to some of Hemdale's higher-profile titles were licensed to LIVE Entertainment (now Lionsgate).
Anyone here have ANY KIND of pedigree in the film & "entertainment" industry (like this) they wish to share? Love to hear from ya! But, respectfully, let's BEGIN with your C.V. first! So we can ALL KNOW why we should LISTEN vs being.... "entertained".
Market Data 
Markets 
