Hannover House Inc (HHSE)

[Etrnaly]

Some calculations:

Current O/S: 461,206,692
Soon to be A/S: 700,000,000

Current PPS: 0.046

461,206,692 X .046 = 21,215,507.83 = Current Market Cap

Let's say worse case scenario and we get issued all shares and have an O/S of 700,000,000

700,000,000 X .046 = 32,200,000

Projected revenues from the 6 feature films: $25mm

Let's not include any of their other revenue sources. Their margin for these movies was projected around 20% I believe. So projected pretax profits will be $5mm.


5,000,000/461,206,692 = 0.0108
That gives us a P/E of a whooping 4.25.

If we use 700mm
5,000,000/700,000,000 = 0.0071
That will give us a P/E of 6.47.

Current growth rate:
Last Year's Revenue: approximately $1mm
This Year's Estimated Revenue: $25mm

Growth = 2500%

If we apply only a P/E of 25 to the current estimated EPS using the 461 O/S, we get
.0108 X 25 = 0.27

This is NOT including the revenues from all the DVDs, VOD, and books. And, this is NOT speculating any of the award winning movies will have a blockbuster year.