Replies to post #277704 on Hannover House Inc (HHSE)

[BeverlyH]

Yahoo's-book-value-claim-is-complete-and-total-nonsense.

HHSE is completely insolvent, as demonstrated repeatedly and clearly by none other than Eric and the gimpy CFO as testified under oath in reported court testimony. Bounced checks and empty bank accounts with standing garnishments on any income they bring in - that's a solid fact as outlined repeatedly in verified court documentation.

HHSE has absolutely zero tangible or recoverable assets, which is why every company under the sun that sued and won in court and were awarded default judgements against HHSE had to result to secondary claim garnishments from legit companies (that regret ever associating themselves) with HHSE just to get a few pennies back on the millions they were awarded by the courts.

[speckulater]

HHSE Book Value Per Share = $0.04, Currently Undervalued



Book Value Per Share

Definition
Book value per share indicates the book value (or accounting value) of each share of stock. Book value is a company's net asset value, which is calculated by total assets minus intangible assets and liabilities. A relatively high book value per share in relation to stock price often occurs when a stock is undervalued.

In the rare circumstance that market price falls below the book value per share, generally a stock is undervalued and might be an attractive buy.

Formula
Book Value per Share = (Shareholders' Equity - Preferred Equity) / Total Outstanding Common Shares.
https://ycharts.com/glossary/terms/book_value_per_share




HHSE Book Value = $0.04 Per Share
At Current Price $.012 that is a 333% Return
https://finance.yahoo.com/quote/HHSE/key-statistics?p=HHSE



According to this metric alone, HHSE is currently severely undervalued. HHSE is already valuable and creating more value every day. Looking forward, these value adding imminent events are not yet priced into HHSE stock.

* Audited Financials
* Form 10 SEC Registration
* SEC Compliant
* Uplist OTC:QB
* S-1 Registration (Direct Stock Purchases - Significant Premium $.045 - $.10 Per Share)
* 2-Pronged Business Model
-- a) "MAJOR Films" (4 Features Per Year, High Profile Casts, 500+ Theaters)
-- b) MyFlix (One-Stop Digital Streaming Store)















HHSE

[speckulater]

3rd Quarter Analysis Debt/Lawsuits Reduced, Clean-Up Balance Sheet






Although solid as a rock, the Financials themselves are currently nothing stellar (yet) as HHSE transitions into their strategy for maximizing revenues and bottom line results with a two-pronged approach: Major Films for HHSE and MyFlix as a one-stop digital streaming store.

The real Highlights are:

* Eliminating & Reducing Debt
* Nuisance Lawsuits being Resolved
* General Balance Sheet Cleaning Up

Look over the Statements, read the Footnotes. Obviously, HHSE is preparing the Financial Audits, for the SEC Form 10 Registration, S-1 Direct Stock Purchases, MyFlix Launch and OTC:QB Uplist that will follow. Getting more presentable for greater quantity and more sophisticated class of knowledgeable investors. New & Improved HHSE








Revenues $202,757
Net Income $28,911

RETAINED EARNINGS (End of Period) $3,737,294









Current Assets $9,118,773
Current Liabilities $1,981,051

Current Ratio = 4.6 = (4.6 To 1 Ratio)
$4.60 Assets For Every $1.00 Liabilities

Total Long Term Liabilities $2,071,521

Total All Liabilities $4,052,572

Total All Assets $36,657,151













Lawsuits To Be Resolved Within 60-Days -
The company anticipates that current legal threats and judgments will be resolved within the next 60-days, which corresponds to the timeframe in which the company’s pending Form 10 Registration will be aging with the S.E.C. The resolution of these legal matters is not a prerequisite for the filing of the Form 10; however, HHSE prefers that such matters be amicably resolved prior to the end of the 60-day S.E.C. aging period so that the enthusiasm for the company’s up-listing is not impacted by unreasonable shareholder concerns.
Page 18



Origin Releasing Settlement Agreement -
(Approximately $220,000)
Page 19




Item 11 A1-A6 – Supplemental Disclosures.

i). “MYFLIX” (VODWIZ STREAMING VENTURE) – The Video-On-Demand Website, Streaming Portal and Over-The-Top (OTT) service previously announced by HHSE as “VODWIZ” received a launch boost in March – and initial funding in April and May – from a non-affiliate lender. Initial proceeds were utilized to acquire the URL of “Myflix.com” and all other applicable internet sites, excluding “Myflix.tv” (which will be pursued shortly). Additionally, trademark, copyright and service mark usage have been applied for and / or demonstrated, including signage, ads, press announcements and promotional activities to launch the site at the Cannes Film Festival and Marche du Film. The original plan for the “Myflix” site was to launch in late Summer (2018) with 30 or more supplier studio partners (including an assortment of feature films from several major studios), with an initial focus on the Transactional Video-On-Demand (TVOD) titles (consumers pay approx. $1.99 per movie. However, the logistics and time required to onboard / upload film titles has indicated that a more realistic launch for MYFLIX will occur in January or early 2019 – once the venture has over 2,500 fully accessible features (there is a total universe of more than 12,000 titles under license or commitment to MyFlix); the “Monthly Subscription” model (SVOD) will be launched shortly after the TVOD model – and unique programming offerings and elements (such as video games and educational programming) will further help differentiate and brand the Myflix service.
Pages 22 - 23



HHSE 3rd Quarter Report - Period Ending September 30, 2018:
https://backend.otcmarkets.com/otcapi/company/financial-report/207472/content














HHSE

[speckulater]

Fraudulent/Erroneous/Nuisance Lawsuits HHSE Anticipates Resolved Within Two Months

The company anticipates that current legal threats and judgments will be resolved within the next 60-days, which corresponds to the timeframe in which the company’s pending Form 10 Registration will be aging with the S.E.C. The resolution of these legal matters is not a prerequisite for the filing of the Form 10; however, HHSE prefers that such matters be amicably resolved prior to the end of the 60-day S.E.C. aging period so that the enthusiasm for the company’s up-listing is not impacted by unreasonable shareholder concerns.

Page 18
https://backend.otcmarkets.com/otcapi/company/financial-report/207472/content



Lacking relevant facts (NOT bias/agendas) and expertise to analyze, this is no place for Legal Discussions and/or Speculations. Certainly not false interpretations that fits one viewpoint. Complicated Legal Matters are best handled by the Designated Professionals and the Courts of Law. Professionals that have the relevant facts, full disclosures (2 sides to every story) multiple years of specific, detailed education and know what they are talking about.


For those that persist, Five (5) Different Fraudulent and Nuisance Lawsuits are Addressed by HHSE in the 3rd Quarter Report - Pages 19 & 20.
https://backend.otcmarkets.com/otcapi/company/financial-report/207472/content


For those that still persist:
BLOG-1/4/18 - HHSE Engages Counsel to Dispute Fraudulently Obtained Erroneous Judgments:
http://hannoverhousemovies.blogspot.com/2018/01/hhse-engages-counsel-to-dispute.html













HHSE

[pba]

OTC Markets: The new HHSE Film Library Evaluation equals at least $28,000,000.

[speckulater]

HHSE Book Value Per Share = $0.04, Currently Undervalued



Book Value Per Share

Definition
Book value per share indicates the book value (or accounting value) of each share of stock. Book value is a company's net asset value, which is calculated by total assets minus intangible assets and liabilities. A relatively high book value per share in relation to stock price often occurs when a stock is undervalued.

In the rare circumstance that market price falls below the book value per share, generally a stock is undervalued and might be an attractive buy.

Formula
Book Value per Share = (Shareholders' Equity - Preferred Equity) / Total Outstanding Common Shares.
https://ycharts.com/glossary/terms/book_value_per_share




HHSE Book Value = $0.04 Per Share
At Current Price $.012 that is a 333% Return
https://finance.yahoo.com/quote/HHSE/key-statistics?p=HHSE



According to this metric alone, HHSE is currently severely undervalued. HHSE is already valuable and creating more value every day. Looking forward, these value adding imminent events are not yet priced into HHSE stock.

* Audited Financials
* Form 10 SEC Registration
* SEC Compliant
* Uplist OTC:QB
* S-1 Registration (Direct Stock Purchases - Significant Premium $.045 - $.10 Per Share)
* 2-Pronged Business Model
-- a) "MAJOR Films" (4 Features Per Year, High Profile Casts, 500+ Theaters)
-- b) MyFlix (One-Stop Digital Streaming Store)















HHSE

[speckulater]

Form 10 Lights Fuse, S-1 Ignites HHSE Stock Price




**HHSE DUE_DILIGENCE: Blueprint True & Fair Value $0.10+ **
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145343041








I think most investors have their head wrapped around the Form 10. Think it is 2 Years Audited Financials are contained in HHSE Form 10. Once Form 10 is submitted, the SEC begins a 60 Review Period. The SEC sends any questions or comments to HHSE, which they can address. After the 60 Days Review Period, HHSE is SEC Compliant (other conditions like .01 stock price) and HHSE is Uplisted to OTC:QB.

HHSE Stock Price should be $0.03 or higher. Based on Third Party Verification of Financials, plus Higher Reporting Standards of the SEC (SEC-Compliant). More information on HHSE is Public Knowledge and Verified. HHSE is a safer investment for prospective investors.

BEFORE HHSE Form 10 is submitted to SEC, HHSE has a Book Value Per Share = $0.04 (per Yahoo Finance).
https://finance.yahoo.com/quote/HHSE/key-statistics?p=HHSE

If there is any misconception it is about the S-1 Registration. We have Book Value + Audited Financials + HHSE Uplist. These all provide value to HHSE on their own merit. Add them up together (plus other considerations) and one understands why accredited investors are willing to pay a higher price for HHSE. It could be anywhere from $0.045 to $.10

Whatever the final price is, should become a floor under HHSE stock price. Stock is valued on supply and demand. Supply and demand have driven HHSE stock up to that price.

S-1 is new stock bought Directly from HHSE. The sale amount ($4,500,000) is a cash infusion that goes to HHSE Treasury.

What do the accredited investors get? They are smart money, that intend to make money on their investment. They desire for HHSE Management to take that cash infusion of money and LEVERAGE that money into MULTIPLES of the amount they invested. (For example: Turn $4,500,000 investment into $20,000,000 HHSE Profits).

Whether you know it or not, HHSE CEO Eric Parkinson is a former NASDAQ CEO that has the experience, knowledge, and connections in the business to make this happen.

A couple years down the road, the S-1 investors sell their HHSE stock at several multiples of their original investment.

The S-1 buyers can not or will not currently by HHSE without Audited Financials and Form 10.

HHSE is currently a penny stock investors dream. With it's record and history of no dilution, HHSE has major upside potential, with little to no downside risk. All the rewards, minus the risk.

The Blueprint for New Business Model and Uplist has been laid out here. Hannover House currently is on a course for record growth in more ways than one. Some will watch in envy, others will participate in the rewards. Perform your Due Diligence as do as you see fit.

Remember, Form 10 Lights Fuse, S-1 Ignites HHSE Stock Price.













HHSE