Hannover House Inc (HHSE)

[Chance To See]

GJ, are you able to share any details on why you believe the phrase “solid as a rock” describes the company? I’m rooting for these guys, but solid as rock is not how I would describe their company at this point.

As we all know, they have cash flow problems, the theatrical side of the business is a difficult hit-driven business and they haven’t yet proved they can succeed at it, and their previous core business of second-tier DVD distribution is disappearing on them. As managers, they’ve also shown a troubling tendency to disappoint their investors with continuous missed deadlines.

As I’ve said before I like these guys, I think they’re honest, and I hope they get lucky. But can you say in any detail why, after your visit, you call the business solid as a rock?