Replies to post #317396 on Hannover House Inc (HHSE)

[moviesam]

This very important information regarding the Szwak opinion -

This is an official filing stating that the original library valuation was provided by HHSE management to Szwak Consulting Group. Szwak Consulting confirmed the 24M valuation based on pie in the sky revenue projections that were once again, provided by HHSE

In evaluating and determining the Valuation of this Library, Szwak Consulting Group has relied upon prior title sales histories and new release marketing plans to support sales forecasts for calendar years 2011 and 2012 that were provided by Hannover House Management. Szwak Consulting Group makes no representation, warranty or guarantee as to the accuracy of the sales histories provided by Hannover House Management.

It is obvious to all that these revenue projections were completely made up.

2011 LIBRARY SUMMARY – During 2011, Hannover House is slated to release six (6) titles to theaters from the Library listings as of 12-31-2010 (note: additional titles have been acquired during 2011 which may also be released during 2011 by Hannover House; but for the purpose of this Library Valuation Report, only properties licensed as of 12-31-2010 are included). The company also plans to release from the listings thirty-six (36) titles to DVD, thirty-two (32) titles onto Blu-ray, ninety-eight (98) through V.O.D., eleven (11) through book formats, thirty-two (32) to domestic (North American) television and fifteen (15) to International markets. The gross revenues anticipated from all titles and applicable media for 2011 is forecast at $31,957,877 with net fees and income to Hannover House of approximately $7,308,812. The titles from this Library listing that are anticipated to be top revenue generators for Hannover House during 2011 are (in descending order): “TURTLE: THE INCREDIBLE JOURNEY”, “THRU THE MOEBIUS STRIP” and “ALL’S FAIRE IN LOVE.”

2012 LIBRARY SUMMARY – During 2012, Hannover House is slated to release six (6) titles to theaters from the Library listings as of 12-31-2010 (note: additional titles have been acquired during 2011 which may also be released during 2012 by Hannover House; but for the purpose of this Library Valuation Report, only properties licensed as of 12-31-2010 are included). During 2012, the company also plans to release from the listings nine (9) titles to DVD, nine (9) titles onto Blu-ray and twenty-nine (29) through V.O.D. The gross revenues anticipated from all titles and applicable media for 2012 is forecast at $66,931,884 with net fees and income to Hannover House of approximately $11,296,272. The titles from this Library listing that are anticipated to be top revenue generators for Hannover House during 2012 are (in descending order): “WILD OATS”, “SHADOWVISION” and “DANCES WITH WEREWOLVES.”

http://www.otcmarkets.com/financialReportViewer?symbol=TDGI&id=45983

Not one person believes this dusty old library filled with B & C movies was ever worth 24M. NOT ONE.

This is fact and cannot be disputed.