Replies to post #126784 on Hannover House Inc (HHSE)

[Martin81]

Fotis doesn't have any money. That's why he is trying to milk HH for 500k. Dude's restaurant is in shambles along with bedrock and motion fill group. He spent a hefty price on Gun Hill Road and failed miserably.

[Martin81]

This should answer the bedrock question...

So what has the company done about it? First of all, we stopped spending big money on acquisitions, and we stopped spending big money on theatrical P&A. We refocused the company on direct-to-video titles, and it's proven to be a great cash flow business. As for Bedrock, Hannover was willing to walk away and write it off as another one of Bedrock's breached ventures, but now we are forced to respond and to fight. They want back the $500,000 from "Twelve?" Okay, we're going to fight for the $1-mm that was not funded under the Investment Banking agreement