Replies to post #245522 on Hannover House Inc (HHSE)

[MoneyMan]

They are not "venture partners"

They might be booking theaters for Crimson.

[ds22]

$HHSE$ -

Crimson Forest Entertainment and Hannover House have inked a deal at Hong Kong FilMart with Chinese streaming giant iQIYI to give sci-fi action film “Kung-Fu Traveler” a theatrical release in North America. The film is targeted to release this summer with a possible Netflix release to follow

iQIYI was founded on April 22, 2010 by Baidu, which is China’s largest online search engine, and Providence Equity Partners.[3] On November 2, 2011, iQIYI purchased the online license for Transformers 3 in mainland China from Paramount. On November 2, 2012, Baidu bought Providence’s stake and took 100% ownership of the site.[4] On May 7, 2013, Baidu purchased the online video business of PPStream Inc. for $370 million, which became a subsidiary of iQIYI. On July 17, 2014, the site launched its film production division, iQIYI Motion Pictures, to expand existing cooperative projects with overseas peers, including purchasing releases and co-producing movies. On September 4, iQIYI cooperated with Venice Film Festival, streaming of the festival’s movies online. On August 2014, iQIYI generated over 6.95 billion hours of viewing on its website.[5] On September 17, 2014, iQIYI and Dolby launched a collaboration, allowing iQIYI to produce and deliver TV dramas in Dolby surround sound.[6] In October, iQIYI participated in the Busan Film Festival, signing exclusive rights to nearly 100 South Korean titles.[7] On November 19, 2014, Xiaomi and Shunwei Capital invested $300 Million in iQiyi for about 10 percent to 15 percent of the site, while Baidu invested an additional $100 million and held about 80 percent.[8] On December 8, 2014, iQIYI's chief content officer Ma Dong said the portal planned to more than double original production in 2015, with at least 30 titles and 500 episodes on the slate compared to 13 in 2014.[9] In 2015, iQIYI purchased the online copyrights of eight top entertainment shows in mainland China, and several entertainment shows in Taiwan and South Korea, including the Running Man.[10] In March 2016, it announced it would launch in Taiwan.[11] In June 2016 it reported it had 20 million subscribers.[12]

https://en.wikipedia.org/wiki/IQiyi

[Nikodemos]

Looks like sellers undercutting the ASK. And yesterday they were HITTING
the BID (albeit for ~500k). Unfortunately, that does NOT signal HIGHER
PPS Appreciation in the short-term.

DESPITE what appear to be IMPROVEMENTS in their business-model,
film quality, business partners, etc...

It's good to see HHSE business prospects IMPROVING & what they've been
able to accomplish with such a HUGE DRAIN on their cash flow. But if
those LONGER-LONGS distribute their ACCUMULATION then the price is
sure to drop below OTC-QB min of $0.01 with or without an audit.

I don't & NEVER HAVE personally prescribed to an audit here: The concerns
post-"TWELVE" meant GENERATING REVENUES & establishing a strong fiscal
FOOTHOLD was PRIORITY #1: Not spending money, time, energy & resources
as well as INCREASING non-revenue-generating ongoing-cash demands by
maintaining uplifting requirements, legal, accounting, filing fees, etc..


So, we'll see where HHSE goes next....Time will tell: ALWAYS DOES!! :-D


Watching for now...GL to buyers & holders.


HHSE

[pba]

Perfect World Raises $300 Million for Acquisitions

NEW HHSE BIZ ASSOCIATE ... Perfect World Pictures

https://en.wikipedia.org/wiki/Perfect_World_Pictures

http://variety.com/t/perfect-world-pictures/