HHSE BUY ALERT; Recent News and Friday's CEO Radio Interview ; Daily Chart Bullish; $3.1M in Revenues for 2013
Sent Sunday, April 13, 2014
Hi
HHSE is now on high alert for major material news events and filings. With 2013 financials posted showing $3.1M in revenues for the year, 2014 is shaping up to be even better. Joint ventures with NTEK and EXMT and many movie acquisitions and VODWIZ will make 2014 the best year yet in our opinion thus we are BUYING Hannover House stock indefinitely. Form 10 is also on high alert for inclusion on the OTCQB. HHSE is already voluntarily submitting 10Qs and 8Ks. We expect to OTCQB sooner than later and we are predicting a strong move in the PPS up to the 10-20 cent range. The stock is highly Undervalued and has been manipulated by day traders and flippers for quite some time. The daily chart is a thing of beauty with Accumulation going steadily up and up. We love this stock for both its technical chart and its fundamental improvements in its business plan and financial results. We will continue to load HHSE. Do your own due diligence and please do not use our due diligence as your only homework. We are not financial advisors or stock promoters. We are a group stock investors and traders who like to blog on the stocks we feel are undervalued and best set for moves to the upside. HHSE falls into that category. See recent news below, radio interview and the daily chart below.
Awesome Interview With CEO Eric Parkinson On "TheStockRadio"
What a great interview (8 minutes) with HHSE CEO Eric Parkinson on "TheStockRadio". Eric is very articulate and represents HHSE to the public very well.
Do not want to spoil the Interview until you have had a chance to listen for yourself, but here is a brief list of topics covered in the Interview:
A.) An Overview of the Business of Hannover House (HHSE)
B.) HHSE as a Wholesaler to Walmart, Netflix, Redbox many others
C.) Why Northbank Entertainment contacted HHSE (3-Picture Venture)
D.) Discusses consistent past Profitability and Future Growth Plans
E.) Future is Online Streaming, HHSE well positioned with VODwiz - Independent Films Online Portal
Hannover House (HHSE) Investor Relations Blog
Friday, April 11, 2014
HHSE Featured on "TheStockRadio" website, check it out!
Hannover House C.E.O. Eric Parkinson was interviewed yesterday for "TheStockRadio" website. His interview has just gone "live" and will be promoted for about a week on their website (which reaches over 100,000 investors and traders in the USA, Canada and U.K.). Nice placement!
Hannover House Posts Positive Revenue Growth in 2013
Springdale, AR / ACCESSWIRE / April 1, 2014 / Hannover House, Inc. (OTC: HHSE), a leading independent distributor of films, books and entertainment products, reported that gross revenues for the calendar year ending December 31, 2013, increased by approximately 31.9% over revenues generated during the previous year. The company attributed the increases to international licensing activities, which were launched during 2013, and which offset a temporary decline in packaged goods sales resulting from a change in the company's wholesale distribution network of DVDs and Blu-Ray products.
Gross revenues for the year were $3,132,061, as compared to revenues in 2012 of $2,373,065. Pre-tax profits for the year were $1,154,556 (representing an average margin of approximately 36.8% percent). The company released eight titles onto DVD during 2013, with two titles also released as Blu-Ray products. The company also released two print edition books and four ebook-format books. The volume of releases was roughly half as many as expected for the year, due primarily to rescheduled dates that were impacted by the wholesale distribution changes. During 2014, Hannover House expects to release all of the acquired film and book properties that were originally slated for release during 2013, in addition to those other titles previously planned for the coming years.
DVD and Blu-Ray orders worth more than $550,000 in wholesale revenues were canceled by Hannover House in early 2013 due to a payment dispute with Phase 4 Films, the Company's wholesale supplier at that time for the placement of video products into Walmart. The loss of those orders, and the release opportunities lost during the engagement of a replacement wholesaler, ultimately cost the Company an estimated $1-million in sales placements during 2013. Hannover House products are now being serviced to Walmart through Anderson Merchandisers and Allegro Media Group, and the Company expects to recapture the placement opportunities that were lost during 2013 with sales to be realized during 2014.
Principal revenue components for Hannover House in 2013 were direct sales of DVD and Blu-Ray units, Video-On-Demand revenues, new release books and international sales licenses. Top-selling titles for each of the principal revenue-generating categories include "Amityville Asylum" (DVD), "Toys in the Attic" (Blu-Ray), "All's Faire In Love" (Video-on-Demand), "One of the Lucky Ones" (new release books) and "Mother Goose" (international sales). Initial shipments of the new release drama, "Blues for Willadean" were included in the 2013 results, although the on-sale street date for that item was a Q1, 2014 event.
Full financials for the Q4 period and full reporting year are available on the OTC Markets website.
Hannover House believes that the company is ideally suited for rapid growth during 2014 and 2015. Newly announced activities to develop major motion pictures with a variety of pre-sale and non-recourse financing structures will provide Hannover House with high profile theatrical releases that could significantly increase revenues, profits and corporate stature. Additionally, a consumer roll-out launch of the video-on-demand venture, "VODwiz.com" (and an IPTV VODwiz channel) could generate parallel revenue paths with a business plan combining elements of the Netflix streaming structure with the Redbox discount pricing model. While developing these new revenue streams, Hannover House will continue to operate its core business of monthly DVD and V.O.D. releases, with additional release activity occurring with book publishing and theatrical activities throughout the year.
Key retail accounts for Hannover House include Walmart Stores, Inc., Redbox, Netflix, Barnes & Noble and thousands of independent video retailers, schools, libraries and booksellers. The company also sells entertainment products to a wide range of internet sites, and services most major video-on-demand portals. Hannover Housestock is traded on the OTC Markets under ticker symbol: HHSE.
SAFE HARBOR STATEMENT This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although the company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.
For more information contact:
Eric Parkinson, Hannover House, 479-751-4500 Eric@HannoverHouse.com
Source: Hannover House, Inc.
Hannover House Sets September Release for Psychological Thriller, "Valley of the Witch" from Northbrook Entertainment
LONDON, U.K./ ACCESSWIRE / April 11, 2014 - Hannover House, Inc. (OTC: HHSE), a leading U.S.A. independent distributor of films, books and entertainment products, has announced the completion of production on the feature film thriller, "Valley of the Witch" and unveiled its North American release plans for September. The 2014 production from director Andrew Jones and Northbrook Entertainment will be released by Hannover House onto the home entertainment platforms of DVD, Blu-Ray and Video-On-Demand September 9, 2014.
"We're very excited to be handling the newest thriller from Andrew Jones," said Eric Parkinson, C.E.O. of Hannover House. "The market responded well to our January release of Andrew's 'Amityville Asylum;' and we feel even stronger about the concept and production qualities of 'Valley of the Witch.' The film combines elements of gothic horror with supernatural thrills that we feel elevate it into a broader audience appeal than most horror releases. We think this title will perform exceptionally well at Walmart, Redbox, Netflix and other key Hannover House packaged goods and V.O.D. accounts," Parkinson concluded.
A high-profile consumer publicity and marketing campaign will be launched in July to build awareness and demand for the September release. In addition to support within the entertainment trades, "Valley of the Witch" will be featured in horror publications, social media and mainstream consumer websites and magazines, including MSN News and The Huffington Post. Based on anticipated consumer demand from this enhanced visibility, Hannover House is forecasting initial DVD and Blu-Ray sales to be nearly double its customary placement quantities at Walmart and Redbox.
"This title is a winner, from concept to box art," said Parkinson. "We have a consumer campaign to drive awareness that we think this will drive the title into the top tier of best-sellers for Hannover House."
Other notable horror and sci-fi releases for Hannover House include "Zombie Warz: Falls the Shadow", "The Fun Park", "Boggy Creek: The Legend is True", "Humans Vs. Zombies" and "Amityville Asylum." The 2004 DVD release of "Future Shock" starring Bill Paxton and Vivian Schilling sold over 184,000 units for Hannover House, and the 2003 release of "Oxygen" starring Adrien Brody (a co-release with Ardustry Entertainment) set an indie-studio sales record at the time of 678,000 units through the Walmart Budget Bin.
In addition to the core release activities of Hannover House in the entertainment packaged goods market, the company is expanding in 2014 into both the international arenas, and as a consolidator and outlet for video-on-demand programming. The international sales and financing activities are being handled through the recently launched Medallion International Pictures, and will be active this May at the Cannes Film Festival. The Video-On-Demand venture, a consumer streaming portal under VODwiz, Inc., will also launch this summer with more than 2,500 titles from more than ten studio suppliers, including Hannover House. The VODwiz website and IPTV venture has been described by the Media Analyst Group as "the Netflix of independent studios" based on the business model of offering movies for streaming both under a "pay-per-transaction" basis, as well as through a monthly subscription model.
Hannover House remains active in book publishing as well, with new release fiction and non-fiction books hitting the market this spring, including "Sable Shore" by James Danielson and "The Verdict: Justice for John F. Kennedy, Justice for America" by best-selling author Barr McClellan. The company's first mainstream, non-soundtrack audio CD title is also shipping this month, with the national release of "Lennon Bermuda," a tribute album to the legendary John Lennon, featuring tracks from Yoko Ono, Bryan Ferry and a notable list of international and Caribbean recording artists.
Key retail accounts for Hannover House include Walmart Stores, Inc., Redbox, Netflix, Barnes & Noble and thousands of independent video retailers, schools, libraries and booksellers. The company also sells entertainment products to a wide range of internet sites, and services most major video-on-demand portals. The company has been profitable for each of the past eighteen quarters, and feels that the 2014 and 2015 new activities will significantly increase both revenues and bottom line results. Hannover House stock is traded on the OTC Markets under ticker symbol: HHSE.
SAFE HARBOR STATEMENT This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although the company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.