Replies to post #44873 on Hannover House Inc (HHSE)

[DKPapa]

I am also curious....

They Netted a bit over 66K for one quarter with a library they value at $22,315,337

Does that compute properly for those that have industry knowledge?

I would think a library valued at that level would output higher revenues....Thoughts?

[snakecorleone]

From the way I read the filing, 22 million might be an understatment...

Management has excluded any titles or libraries
acquired during 2010 from inclusion in the Library Valuation, until such time that Hogan Taylor
can complete its review of the library. It is management's belief that newly emerging revenue
streams from Blu-Ray and Video-On-Demand will more than offset an industry-wide decrease in
traditional DVD revenues, and that this could increase the overall library valuation.