Hannover House Inc (HHSE)

[stills999]

"Eric twists in his tricky writer way to make it sound like TCA is giving HHSE $5 million dollars to buy movies"

Opening Paragraph of PR : "The agreement with TCA enables the Company to borrow up to $5-million, based on a mutually approved formula of eligible receivables and assets."

Follow up PR: "Eight new releases will begin hitting the retail home video shelves as early as October, fueled by new corporate funding from TCA Global"


I don't see any twisting at all!!??? They were very clear that the deal was limited to a ceiling of $5M and were also clear about the new movies they acquired!

"Those were total garbage movies, nobody is going to pay for that garage sale junk."

So you at least seem here to concede they are indeed using the funds to acquire movies.

If their movies were of no value, I can't see why Walmart would continue to sell them. Also, keep in mind the marketcap is only $5M ... the company is priced for bankrupcy, so even with meager earnings -- by normal movie standards -- are quite significant for this company.

And I know lots of folks that watch low-budget horror flicks...