Here's the way the "professionals" at HHSE report in their quarterly filing on a judgment entered against the company in the Uptone case:
1). UPTONE PICTURES – The producers of “Union Bound” filed a lawsuit against company in Los Angeles Federal Court, which has since been settled by mutual agreement. However, despite settlement being made – and payment tendered via Cashier’s Check – Company was informed on March 30, 2018 that Uptone Pictures had filed a new cause of action in this matter. As of June 18, 2018, counsel for HHSE has confirmed that this secondary action is being dismissed, based upon HHSE’s satisfaction of the prior settlement terms. During Q3, HHSE was informed that the secondary action was not dismissed and that Uptone was seeking to file a motion for judgment. HHSE counsel has stated that a motion to dismiss the filing for judgment will be filed in a timely manner.
What does all this ridiculous gibberish about "counsel for HHSE has confirmed this secondary action is being dismissed" even mean?... when the next sentence says "HHSE was informed that the secondary action was not dismissed."
Could they maybe include a fact or two in these reports??
Anyone think this would be an acceptable description of a judgment in a Form 10??
****HHSE DUE_DILIGENCE: Uplist, True & Fair Value $0.10+ ****
Per Yahoo Finance right now HHSE has a Book Value of $0.04. Though extremely hard to quantify, the HHSE Audits and Form 10 add further significant value to HHSE. Not to mention HHSE Uplist to OTC:QB (get off the Pinks) with a broader base of more sophisticated and knowledgeable investors. This partly explains why accredited investors are willing to pay premium prices (S-1) for HHSE.
Not sure what it will look like yet, But I will be keeping a Due Diligence post here based somewhat on the blueprint below. It is a work in progress that will be changing frequently as info becomes available. Will try to maintain as a Sticky Post.
* (Need to mention this item. HHSE Updated Film Library Evaluation. Have not included yet, because not sure how it plays in to HHSE new business model. Updated Film Library Evaluation should be completed. Stated in OTCMarkets Document the new HHSE Film Library Evaluation equals at least $28,000,000).
Uplist, True & Fair Value $0.10+ HHSE DUE DILIGENCE
Per Yahoo Finance right now HHSE has a Book Value of $0.04. Though extremely hard to quantify, the HHSE Audits and Form 10 add further significant value to HHSE. Not to mention HHSE Uplist to OTC:QB (get off the Pinks) with a broader base of more sophisticated and knowledgeable investors. This partly explains why accredited investors are willing to pay premium prices (S-1) for HHSE.
Not sure what it will look like yet, But I will be keeping a Due Diligence post here based somewhat on the blueprint below. It is a work in progress that will be changing frequently as info becomes available. Will try to maintain as a Sticky Post.
* (Need to mention this item. HHSE Updated Film Library Evaluation. Have not included yet, because not sure how it plays in to HHSE new business model. Updated Film Library Evaluation should be completed. Stated in OTCMarkets Document the new HHSE Film Library Evaluation equals at least $28,000,000).