HHSE Pre-Launch of MYFLIX Site Crosses Key Title Hurdle
Hannover House (OTC: HHSE) Announced Today that the Company's New MyFlix Streaming Service had Crossed the Threshold of Having More Than Ten-Thousand Titles Fully Mastered and On-Boarded for the Upcoming Launch of the Service. Of these titles, over 3,200 were independently mastered and formatted by Hannover House and MyFlix service providers, which offerings are supplemented by more than 7,000 titles already fully-formatted by MyFlix suppliers. The MyFlix service will offer consumers the opportunity to stream programming from more than forty separate studios and film rights libraries. The revenue models will include the streaming of titles on a per-transaction basis as well as via a "free" viewing basis (with advertising interuptions), and a non-advertising monthly subscription option.
"We are in the gold-rush days of streaming services," said Eric Parkinson, C.E.O. of Hannover House and MyFlix. "We believe our MyFlix model has successfully gleaned the best elements from Amazon, Netflix, Hulu and other services, and that consumers are likely to respond to the service very positively."
The launch of the MyFlix service and APP has been delayed several times due to mastering issues, COVID impact, competitive factors and the resolution of operational issues for Hannover House. But with these issues now resolved, Parkinson states that the MyFlix launch is now moving into the consumer marketing mode, to build awareness and demand.
Another Major Legal VICTORY for HHSE in our March to Success!
Greetings HHSE Friends & Followers - The HHSE Motion to Dismiss the "default judgment" in the Daisy Winters / Shuttlewood matter was ruled in favor of HHSE... and this sets the issue into motion for a quick settlement resolution. As stated previously, HHSE had reached a settlement in this case, and we were quite surprised to find out months / years later that a litigation-attorney in Orange County was pursuing a lawsuit. Perhaps this was a strategic move due to the incapacity of HHSE former President Fred Shefte... and looked like an "easy default" due to HHSE non-response?
But those days are over, and HHSE is not only responding to all legal matters, we are PREVAILING. Most crucially, there have not been ANY new lawsuits for activities since summer 2018 (when Shefte was first hospitalized)*. Under our new management structure, if a producer has an issue, we address and resolve it immediately. Thus, no new actions.
With respect to the disputed legal bills from Hinds-Shankman, this matter is also moving quickly towards a settlement... as did the much larger "Lewin matter" out of New York **. One-by-one, HHSE is winning or settling these prior legal issues in order to clear our path for the S.E.C. registration, our uplist to OTC: QB as well as creating a baggage-free launch of MyFlix. More News Coming Monday! HAVE A GREAT WEEKEND!
* Cowboys of Cannabis revenues refers only to upfront Presentation Fees for Season One, and does not include HHSE Distribution fees and profit participations in the series.