jaramill
5 hours ago
Public Company - Disclaimer Regarding Informative Blog Posts & Updates
Link to Blog --> Public Company - Disclaimer Regarding Informative Blog Posts & Updates
Greetings HHSE Friends & Followers - HHSE was advised years ago that our status as an OTC Markets Pinksheet company does not require that each of our BLOGS or PRESS RELEASES contain the industry-standard "forward looking statements" disclosures that apply to fully reporting companies. When we first launched the HHSE Shareholder's Blog - the intention was to provide a "real-time" (almost weekly) forum to share project status updates and other information to shareholders. The purpose of the blog has always been to provide maximum transparency, and to share information about what is happening while projects are still in progress. Never has the company anticipated or suggested that this blog be relied upon as a financial advisory source to guide the readers with the investment - or divestment - of Hannover House stock or any other entity. Hannover House management has always followed the philosophy that the managers work for the shareholders - and to the fullest extent possible (e.g., without violating public company rules, or breaking an agreement for non-disclosure or hold-backs with arm's-length suppliers, venture partners or auditors) we have strived to get frequent and transparent updates to our supporters.
As is always the case in running a business - and perhaps even more so when running a company in a rapidly evolving business sector such as entertainment - management plans and goals at the beginning of one month might no longer apply a few weeks later.
Opportunities for deals come-and-go, based on many factors that are usually not within the control of Hannover House management. For instance - last year, the company announced a venture to record three Academy Award winning performers to be voice-talent in an animated / A.I feature project called "Journey To Utopia." At the time of that project's announcement, three qualifying stars had expressed (through agents) that they were committed to this project. However, one of the performers subsequently became too ill to work, and had to withdraw from the project. As the co-production funding venture had a requirement for three Oscar winners as catalyst to the release of funds, we have since been back in the talent fishing pool to find a suitable replacement performer, to qualify for the funding commitment. Some shareholders have said "why didn't you wait until you had the actors attached" before announcing? Well, that's exactly what we did. Others have said "if you had three Oscar winners attached but did NOT tell the shareholders, that's an omission of a material development." That is also correct.
So, we walk the tightwire of "do we share information or not?" Referring back to our philosophy that managers work for the shareholders, we decided that it's BETTER to share with our team exactly what is happening as it happens... but with the obvious reality that some things are out of the company's control... such as the health of a performer... or maybe the opinion of an auditor as to how some costs are reported or values calculated. We present the news, as it happens, and caution our shareholders to NOT make investment decisions based upon news and blogs.
In conclusion - and in respect of the company's current uplisting activities to OTC: QB - we have decided to start acting more like a NASDAQ company... and less like a Pinksheet equity. Accordingly, we are sharing with out Blog readers again our FORWARD LOOKING STATEMENTS disclosure below.... and reminding the readers of our press releases and blog posts that the sharing of news does not constitute a suggestion to buy or sell the Hannover House shares. It's simply the news as it has occurred... with the knowledge that circumstances often do change over time. We will continue to share important news as it happens, because more shareholders has requested this than those suggesting that we never provide activity updates. ONWARD!
* * * * *
HANNOVER HOUSE, INC.
Corporate Disclaimer Regarding Content of Shareholder’s Blog.
“Forward looking statements”
The statements and information contained within this Blog may contain certain forward-looking statements relating to Hannover House, Inc. (the “Company”) and it’s activities in projects, which statements are based on the beliefs of the Company’s management as well as assumptions made by and information currently available to the Company’s management at the time that each Blog is posted. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements include, without limitation, statements relating to the Company’s business prospects, future developments, trends and conditions in the industry and geographical markets in which the Company operates, its strategies, plans, objectives and goals, its ability to control costs, statements relating to prices, volumes, operations, margins, overall market trends, risk management and exchange rates.
When used herein, the words “anticipate”, “believe”, “could”, “estimate”, “expect”, “going forward”, “intend”, “may”, “ought to”, “plan”, “project”, “seek”, “should”, “will”, “would” and similar expressions, as they relate to the Company or the Company’s projects or management, are intended to identify forward-looking statements. These forward-looking statements reflect the Company’s views at the time that each such statements were made with respect to conditions at the time of the blog posts - with the expressed acknowledgement that anticipated future events are not a guarantee of future performance or developments.
Readers of this informative Company blog are strongly cautioned that reliance on any forward-looking statements involves known and unknown risks and uncertainties. Actual results and events may differ materially from information contained in the forward-looking statements as a result of a number of factors, including any changes in the laws, rules and regulations relating to any aspects of the Company’s business operations, general economic, market and business conditions, including capital market developments, changes or volatility in interest rates, foreign exchange rates, equity prices or other rates or prices, the actions and developments of the Company’s competitors and the effects of an evolving marketplace for the production and distribution of filmed entertainment products. Subject to the requirements regarding public company disclosures, the Company does not intend to update or otherwise revise such forward-looking statements, whether as a result of new information, future events or otherwise. However, as material level changes impact the Company’s activities, projects or schedules, the Company may elect to post a new blog disclosure while still allowing the prior, outdated blogs to remain publicly visible. As a result of these and other risks, uncertainties and assumptions, forward-looking events and circumstances discussed herein might not occur in the way the Group expects, or at all. Accordingly, you should not place reliance on any forward-looking information or statements. All forward-looking statements herein are qualified by reference to the cautionary statements set forth in this section.
jaramill
19 hours ago
Public Company - Disclaimer Regarding Informative Blog Posts & Updates
Greetings HHSE Friends & Followers - HHSE was advised years ago that our status as an OTC Markets Pinksheet company does not require that each of our BLOGS or PRESS RELEASES contain the industry-standard "forward looking statements" disclosures that apply to fully reporting companies. When we first launched the HHSE Shareholder's Blog - the intention was to provide a "real-time" (almost weekly) forum to share project status updates and other information to shareholders. The purpose of the blog has always been to provide maximum transparency, and to share information about what is happening while projects are still in progress. Never has the company anticipated or suggested that this blog be relied upon as a financial advisory source to guide the readers with the investment - or divestment - of Hannover House stock or any other entity. Hannover House management has always followed the philosophy that the managers work for the shareholders - and to the fullest extent possible (e.g., without violating public company rules, or breaking an agreement for non-disclosure or hold-backs with arm's-length suppliers, venture partners or auditors) we have strived to get frequent and transparent updates to our supporters.
As is always the case in running a business - and perhaps even more so when running a company in a rapidly evolving business sector such as entertainment - management plans and goals at the beginning of one month might no longer apply a few weeks later.
Opportunities for deals come-and-go, based on many factors that are usually not within the control of Hannover House management. For instance - last year, the company announced a venture to record three Academy Award winning performers to be voice-talent in an animated / A.I feature project called "Journey To Utopia." At the time of that project's announcement, three qualifying stars had expressed (through agents) that they were committed to this project. However, one of the performers subsequently became too ill to work, and had to withdraw from the project. As the co-production funding venture had a requirement for three Oscar winners as catalyst to the release of funds, we have since been back in the talent fishing pool to find a suitable replacement performer, to qualify for the funding commitment. Some shareholders have said "why didn't you wait until you had the actors attached" before announcing? Well, that's exactly what we did. Others have said "if you had three Oscar winners attached but did NOT tell the shareholders, that's an omission of a material development." That is also correct.
So, we walk the tightwire of "do we share information or not?" Referring back to our philosophy that managers work for the shareholders, we decided that it's BETTER to share with our team exactly what is happening as it happens... but with the obvious reality that some things are out of the company's control... such as the health of a performer... or maybe the opinion of an auditor as to how some costs are reported or values calculated. We present the news, as it happens, and caution our shareholders to NOT make investment decisions based upon news and blogs.
In conclusion - and in respect of the company's current uplisting activities to OTC: QB - we have decided to start acting more like a NASDAQ company... and less like a Pinksheet equity. Accordingly, we are sharing with out Blog readers again our FORWARD LOOKING STATEMENTS disclosure below.... and reminding the readers of our press releases and blog posts that the sharing of news does not constitute a suggestion to buy or sell the Hannover House shares. It's simply the news as it has occurred... with the knowledge that circumstances often do change over time. We will continue to share important news as it happens, because more shareholders has requested this than those suggesting that we never provide activity updates. ONWARD!
* * * * *
HANNOVER HOUSE, INC.
Corporate Disclaimer Regarding Content of Shareholder’s Blog.
“Forward looking statements”
The statements and information contained within this Blog may contain certain forward-looking statements relating to Hannover House, Inc. (the “Company”) and it’s activities in projects, which statements are based on the beliefs of the Company’s management as well as assumptions made by and information currently available to the Company’s management at the time that each Blog is posted. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements include, without limitation, statements relating to the Company’s business prospects, future developments, trends and conditions in the industry and geographical markets in which the Company operates, its strategies, plans, objectives and goals, its ability to control costs, statements relating to prices, volumes, operations, margins, overall market trends, risk management and exchange rates.
When used herein, the words “anticipate”, “believe”, “could”, “estimate”, “expect”, “going forward”, “intend”, “may”, “ought to”, “plan”, “project”, “seek”, “should”, “will”, “would” and similar expressions, as they relate to the Company or the Company’s projects or management, are intended to identify forward-looking statements. These forward-looking statements reflect the Company’s views at the time that each such statements were made with respect to conditions at the time of the blog posts - with the expressed acknowledgement that anticipated future events are not a guarantee of future performance or developments.
Readers of this informative Company blog are strongly cautioned that reliance on any forward-looking statements involves known and unknown risks and uncertainties. Actual results and events may differ materially from information contained in the forward-looking statements as a result of a number of factors, including any changes in the laws, rules and regulations relating to any aspects of the Company’s business operations, general economic, market and business conditions, including capital market developments, changes or volatility in interest rates, foreign exchange rates, equity prices or other rates or prices, the actions and developments of the Company’s competitors and the effects of an evolving marketplace for the production and distribution of filmed entertainment products. Subject to the requirements regarding public company disclosures, the Company does not intend to update or otherwise revise such forward-looking statements, whether as a result of new information, future events or otherwise. However, as material level changes impact the Company’s activities, projects or schedules, the Company may elect to post a new blog disclosure while still allowing the prior, outdated blogs to remain publicly visible. As a result of these and other risks, uncertainties and assumptions, forward-looking events and circumstances discussed herein might not occur in the way the Group expects, or at all. Accordingly, you should not place reliance on any forward-looking information or statements. All forward-looking statements herein are qualified by reference to the cautionary statements set forth in this section.
jaramill
19 hours ago
$HHSE NEWS: MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024
Link to Minutes --> MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024
HANNOVER HOUSE, INC.
1722 N. College Ave. C303, Fayetteville, AR 72703
MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024
A special meeting of the Board of Directors of Hannover House, Inc. was held on
Tuesday, June 11, 2024 telephonically at 1:30-pm CST. The purpose of this meeting was
to approve certain distribution and financing commitments on behalf of new, feature
film productions being developed by Company and others, as were initiated at the
Cannes, 2024 Film Festival and Marche du Filme. The following items describe the
issues addressed, and where indicated, the actions taken by the Board.
1). TWO MAJOR PRODUCTIONS WITH FORMA FILMZ / HUNGARIAN PARTNERS –
Regarding the film incentives, equity funding and studio co-production opportunities in
Hungary, the Board reviewed the terms of the ventures covering two major feature
productions, each with top commercial stars. Subject to Company’s final approval of the
casting, key personnel, production plans and budgets, the Board approved the issuance
of “soft” distribution guarantees from the Company (e.g., non-recourse commitments”
covering distribution of the films in North America, and / or the sublicensing of said
films to a major studio partner.)
2). ONE MAJOR PRODUCTION WITH TEMPUS PRODUCTIONS – Regarding the epic
action-adventure feature, “TEMPUS PORTA” – featuring three major stars – the Board
reviewed the terms of the production financing arrangements and the benefits to
Hannover House. ventures covering this Malta-based feature production. Subject to
Company’s final approval of the principal casting, key personnel, production plan and
budget, the Board approved the issuance of a “soft” distribution guarantee from the
Company (e.g., a non-recourse commitment” covering distribution of the film in North
America, and / or the sublicensing of said films to a major studio partner).
3). “INDIGENOUS” AND “FADE-‘EM’UP” PRODUCTIONS – Regarding these two USA
based, lower budgeted feature productions, the Board reviewed the production plans
and required financing shortfalls required. The Board agreed to include both
productions into the “use of proceeds” submission for a newly structured, five-million
dollar (USD $5,000,000) off-balance-sheet production equity funding arrangement with
a New York-based private equity fund. As the detailed terms of this new funding venture
are still under negotiation, the Board authorized communications with the production
entities of these two films, with the expression of the Company’s “interest” and “effort” - subject to the closing of the production equity funding venture.
There being no further issues addressed at this meeting, the Board adjourned at 2:25
pm.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report on the Minutes of the Board of Directors Meeting of Hannover
House, Inc. to be signed on its behalf by the undersigned hereunto duly authorized.
HANNOVER HOUSE, INC.
(Registrant)
Date: June 12, 2024
/s/ Eric F. Parkinson
By: ERIC F. PARKINSON
Chairman, C.E.O., President & Secretary
jaramill
1 day ago
$HHSE NEWS: MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024
Link to Minutes --> MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024
HANNOVER HOUSE, INC.
1722 N. College Ave. C303, Fayetteville, AR 72703
MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024
A special meeting of the Board of Directors of Hannover House, Inc. was held on
Tuesday, June 11, 2024 telephonically at 1:30-pm CST. The purpose of this meeting was
to approve certain distribution and financing commitments on behalf of new, feature
film productions being developed by Company and others, as were initiated at the
Cannes, 2024 Film Festival and Marche du Filme. The following items describe the
issues addressed, and where indicated, the actions taken by the Board.
1). TWO MAJOR PRODUCTIONS WITH FORMA FILMZ / HUNGARIAN PARTNERS –
Regarding the film incentives, equity funding and studio co-production opportunities in
Hungary, the Board reviewed the terms of the ventures covering two major feature
productions, each with top commercial stars. Subject to Company’s final approval of the
casting, key personnel, production plans and budgets, the Board approved the issuance
of “soft” distribution guarantees from the Company (e.g., non-recourse commitments”
covering distribution of the films in North America, and / or the sublicensing of said
films to a major studio partner.)
2). ONE MAJOR PRODUCTION WITH TEMPUS PRODUCTIONS – Regarding the epic
action-adventure feature, “TEMPUS PORTA” – featuring three major stars – the Board
reviewed the terms of the production financing arrangements and the benefits to
Hannover House. ventures covering this Malta-based feature production. Subject to
Company’s final approval of the principal casting, key personnel, production plan and
budget, the Board approved the issuance of a “soft” distribution guarantee from the
Company (e.g., a non-recourse commitment” covering distribution of the film in North
America, and / or the sublicensing of said films to a major studio partner).
3). “INDIGENOUS” AND “FADE-‘EM’UP” PRODUCTIONS – Regarding these two USA
based, lower budgeted feature productions, the Board reviewed the production plans
and required financing shortfalls required. The Board agreed to include both
productions into the “use of proceeds” submission for a newly structured, five-million
dollar (USD $5,000,000) off-balance-sheet production equity funding arrangement with
a New York-based private equity fund. As the detailed terms of this new funding venture
are still under negotiation, the Board authorized communications with the production
entities of these two films, with the expression of the Company’s “interest” and “effort” - subject to the closing of the production equity funding venture.
There being no further issues addressed at this meeting, the Board adjourned at 2:25
pm.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report on the Minutes of the Board of Directors Meeting of Hannover
House, Inc. to be signed on its behalf by the undersigned hereunto duly authorized.
HANNOVER HOUSE, INC.
(Registrant)
Date: June 12, 2024
/s/ Eric F. Parkinson
By: ERIC F. PARKINSON
Chairman, C.E.O., President & Secretary
jaramill
2 days ago
$HHSE NEWS: MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024
Link to Minutes --> MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024
HANNOVER HOUSE, INC.
1722 N. College Ave. C303, Fayetteville, AR 72703
MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024
A special meeting of the Board of Directors of Hannover House, Inc. was held on
Tuesday, June 11, 2024 telephonically at 1:30-pm CST. The purpose of this meeting was
to approve certain distribution and financing commitments on behalf of new, feature
film productions being developed by Company and others, as were initiated at the
Cannes, 2024 Film Festival and Marche du Filme. The following items describe the
issues addressed, and where indicated, the actions taken by the Board.
1). TWO MAJOR PRODUCTIONS WITH FORMA FILMZ / HUNGARIAN PARTNERS –
Regarding the film incentives, equity funding and studio co-production opportunities in
Hungary, the Board reviewed the terms of the ventures covering two major feature
productions, each with top commercial stars. Subject to Company’s final approval of the
casting, key personnel, production plans and budgets, the Board approved the issuance
of “soft” distribution guarantees from the Company (e.g., non-recourse commitments”
covering distribution of the films in North America, and / or the sublicensing of said
films to a major studio partner.)
2). ONE MAJOR PRODUCTION WITH TEMPUS PRODUCTIONS – Regarding the epic
action-adventure feature, “TEMPUS PORTA” – featuring three major stars – the Board
reviewed the terms of the production financing arrangements and the benefits to
Hannover House. ventures covering this Malta-based feature production. Subject to
Company’s final approval of the principal casting, key personnel, production plan and
budget, the Board approved the issuance of a “soft” distribution guarantee from the
Company (e.g., a non-recourse commitment” covering distribution of the film in North
America, and / or the sublicensing of said films to a major studio partner).
3). “INDIGENOUS” AND “FADE-‘EM’UP” PRODUCTIONS – Regarding these two USA
based, lower budgeted feature productions, the Board reviewed the production plans
and required financing shortfalls required. The Board agreed to include both
productions into the “use of proceeds” submission for a newly structured, five-million
dollar (USD $5,000,000) off-balance-sheet production equity funding arrangement with
a New York-based private equity fund. As the detailed terms of this new funding venture
are still under negotiation, the Board authorized communications with the production
entities of these two films, with the expression of the Company’s “interest” and “effort” - subject to the closing of the production equity funding venture.
There being no further issues addressed at this meeting, the Board adjourned at 2:25
pm.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report on the Minutes of the Board of Directors Meeting of Hannover
House, Inc. to be signed on its behalf by the undersigned hereunto duly authorized.
HANNOVER HOUSE, INC.
(Registrant)
Date: June 12, 2024
/s/ Eric F. Parkinson
By: ERIC F. PARKINSON
Chairman, C.E.O., President & Secretary
jaramill
2 days ago
$HHSE-NEWS:..General Update and Follow-up on CANNES and Major Activities for HHSE
Sunday, June 2, 2024
Link to HHSE Blog
$HHSE-NEWS: General Update and Follow-up on CANNES and Major Activities for HHSE
Greetings HHSE Friends - As requested, here are some additional updates on CANNES activities and other general activities for Hannover House, Inc. / MYFLIX and our affiliates.
1). INTERNATIONAL SALES - Direct licenses were made for FRANCE, ITALY and SPAIN on selected HHSE titles, most notably, "UNHOLY SONG: THE EXORCISM OF EVIL". A separate deal was consummated for all sales, licensing and distribution rights to WILDFIRE outside of North America (however, the licensor retains the right to control the timing of the announcement).
2). MULTI-MILLION DOLLAR PRODUCTION FINANCING VENTURES - Although we are still under N.D.A. restrictions on two of the titles, we can announce that major financing was structured for THREE (3) separate major features. Two of these are slated for production in Hungary and Germany (budgets are $6-mm and $12-mm), and one of these is slated for production in Malta and France (TEMPUS PORTA at $20-mm). For the Hungarian-German co-productions, one of the films features a 2023 Academy Award nominated actress, and the other film features one of the highest ranked stars in the world (both in terms of IMDB Star Ranking as well as worldwide box office grosses). The TEMPUS PORTA film includes a venture with the same production company that recently completed GLADIATOR 2 and is now handling the production of JURASSIC WORLD 4. Again, N.D.A. restrictions are required due to the partners and stars involved. Any one of these movies are major "game changers" for HHSE in terms of production fees, distribution fees, profit participation and general stature / credibility for the company. To have three such projects in the same year is beyond significant for the future of HHSE.
3). MYFLIX PARTNER STUDIOS - lots of meetings at Cannes and support and enthusiasm continues high for MyFlix. However, all of the major suppliers agree with the strategy of launching MyFlix with the multi-faceted marketing strategy originally planned for the venture. There was no support, only concern, that buckling to pressure from shareholders to proceed with the venture without proper marketing and ad support would likely result in a failed launch. Timing wise, HHSE has several likely financing sources for MyFlix, all triggered by the current OTC: QB Uplist project.
4). WILDFIRE RELEASE & GENERAL UPDATES - Prior to the major studio streaming launch of this title, HHSE will be given a 60-day window for the exploitation of North American theatrical rights. As of this date, the V.O.D. premiere window date has not been finalized (although, we're being told that it will LIKELY be between Thanksgiving and Christmas this year - prime time for family programming). Accordingly, the most likely theatrical launch date will be MID-SEPTEMBER.
Meanwhile, we have not come to terms with Warner-Chappell Music on the use of our new "WILDFIRE" song master, except for the use of this version withing the movie itself. We will need a separate license for using this recording within a TRAILER, or as a component of a free-standing MUSIC VIDEO. Accordingly, we have pulled down both the trailer version (from last year) and the Anne Heche music video tribute, as these utilized the new master, but did not have the "publishing rights" for these additional uses. We were already making a new trailer for the film which does NOT use our new recording as featured in the movie. It is possible we may go back and license the rights to use our own version of the song for use within a film trailer...but it's also possible that our key distribution partners will agree that the new trailer works very well with the other music already owned outright. So, to be clear: the rights to the "WILDFIRE" song were previously licensed "for use in the movie" but not for other uses. I know it sounds crazy that we cannot use a song master that we own outright, but that's how "music publishing rights" work: the master of a recording and the "copyright elements of the song" are considered two separate assets, each subject to separate licenses. Definitely not a big deal, but we wanted to clarify.
5). OTCQB UPLIST - Yes, still awaiting final audit opinion, but are otherwise ready to submit. There will be no advanced warning at this point. We will publish the OTC:QB documents as soon as the final audit opinion is provided. Could be any day, any moment. As mentioned before, conforming all of our assets, balance sheet items, payables, receivables and contracts is hardest "the first time" - and then these are established assumption items for all subsequent financial reports.
jaramill
3 days ago
$HHSE NEWS: MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024
Link to Minutes --> MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024
HANNOVER HOUSE, INC.
1722 N. College Ave. C303, Fayetteville, AR 72703
MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024
A special meeting of the Board of Directors of Hannover House, Inc. was held on
Tuesday, June 11, 2024 telephonically at 1:30-pm CST. The purpose of this meeting was
to approve certain distribution and financing commitments on behalf of new, feature
film productions being developed by Company and others, as were initiated at the
Cannes, 2024 Film Festival and Marche du Filme. The following items describe the
issues addressed, and where indicated, the actions taken by the Board.
1). TWO MAJOR PRODUCTIONS WITH FORMA FILMZ / HUNGARIAN PARTNERS –
Regarding the film incentives, equity funding and studio co-production opportunities in
Hungary, the Board reviewed the terms of the ventures covering two major feature
productions, each with top commercial stars. Subject to Company’s final approval of the
casting, key personnel, production plans and budgets, the Board approved the issuance
of “soft” distribution guarantees from the Company (e.g., non-recourse commitments”
covering distribution of the films in North America, and / or the sublicensing of said
films to a major studio partner.)
2). ONE MAJOR PRODUCTION WITH TEMPUS PRODUCTIONS – Regarding the epic
action-adventure feature, “TEMPUS PORTA” – featuring three major stars – the Board
reviewed the terms of the production financing arrangements and the benefits to
Hannover House. ventures covering this Malta-based feature production. Subject to
Company’s final approval of the principal casting, key personnel, production plan and
budget, the Board approved the issuance of a “soft” distribution guarantee from the
Company (e.g., a non-recourse commitment” covering distribution of the film in North
America, and / or the sublicensing of said films to a major studio partner).
3). “INDIGENOUS” AND “FADE-‘EM’UP” PRODUCTIONS – Regarding these two USA
based, lower budgeted feature productions, the Board reviewed the production plans
and required financing shortfalls required. The Board agreed to include both
productions into the “use of proceeds” submission for a newly structured, five-million
dollar (USD $5,000,000) off-balance-sheet production equity funding arrangement with
a New York-based private equity fund. As the detailed terms of this new funding venture
are still under negotiation, the Board authorized communications with the production
entities of these two films, with the expression of the Company’s “interest” and “effort” - subject to the closing of the production equity funding venture.
There being no further issues addressed at this meeting, the Board adjourned at 2:25
pm.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report on the Minutes of the Board of Directors Meeting of Hannover
House, Inc. to be signed on its behalf by the undersigned hereunto duly authorized.
HANNOVER HOUSE, INC.
(Registrant)
Date: June 12, 2024
/s/ Eric F. Parkinson
By: ERIC F. PARKINSON
Chairman, C.E.O., President & Secretary
jaramill
3 days ago
$HHSE-NEWS:..General Update and Follow-up on CANNES and Major Activities for HHSE
Sunday, June 2, 2024
Link to HHSE Blog
$HHSE-NEWS: General Update and Follow-up on CANNES and Major Activities for HHSE
Greetings HHSE Friends - As requested, here are some additional updates on CANNES activities and other general activities for Hannover House, Inc. / MYFLIX and our affiliates.
1). INTERNATIONAL SALES - Direct licenses were made for FRANCE, ITALY and SPAIN on selected HHSE titles, most notably, "UNHOLY SONG: THE EXORCISM OF EVIL". A separate deal was consummated for all sales, licensing and distribution rights to WILDFIRE outside of North America (however, the licensor retains the right to control the timing of the announcement).
2). MULTI-MILLION DOLLAR PRODUCTION FINANCING VENTURES - Although we are still under N.D.A. restrictions on two of the titles, we can announce that major financing was structured for THREE (3) separate major features. Two of these are slated for production in Hungary and Germany (budgets are $6-mm and $12-mm), and one of these is slated for production in Malta and France (TEMPUS PORTA at $20-mm). For the Hungarian-German co-productions, one of the films features a 2023 Academy Award nominated actress, and the other film features one of the highest ranked stars in the world (both in terms of IMDB Star Ranking as well as worldwide box office grosses). The TEMPUS PORTA film includes a venture with the same production company that recently completed GLADIATOR 2 and is now handling the production of JURASSIC WORLD 4. Again, N.D.A. restrictions are required due to the partners and stars involved. Any one of these movies are major "game changers" for HHSE in terms of production fees, distribution fees, profit participation and general stature / credibility for the company. To have three such projects in the same year is beyond significant for the future of HHSE.
3). MYFLIX PARTNER STUDIOS - lots of meetings at Cannes and support and enthusiasm continues high for MyFlix. However, all of the major suppliers agree with the strategy of launching MyFlix with the multi-faceted marketing strategy originally planned for the venture. There was no support, only concern, that buckling to pressure from shareholders to proceed with the venture without proper marketing and ad support would likely result in a failed launch. Timing wise, HHSE has several likely financing sources for MyFlix, all triggered by the current OTC: QB Uplist project.
4). WILDFIRE RELEASE & GENERAL UPDATES - Prior to the major studio streaming launch of this title, HHSE will be given a 60-day window for the exploitation of North American theatrical rights. As of this date, the V.O.D. premiere window date has not been finalized (although, we're being told that it will LIKELY be between Thanksgiving and Christmas this year - prime time for family programming). Accordingly, the most likely theatrical launch date will be MID-SEPTEMBER.
Meanwhile, we have not come to terms with Warner-Chappell Music on the use of our new "WILDFIRE" song master, except for the use of this version withing the movie itself. We will need a separate license for using this recording within a TRAILER, or as a component of a free-standing MUSIC VIDEO. Accordingly, we have pulled down both the trailer version (from last year) and the Anne Heche music video tribute, as these utilized the new master, but did not have the "publishing rights" for these additional uses. We were already making a new trailer for the film which does NOT use our new recording as featured in the movie. It is possible we may go back and license the rights to use our own version of the song for use within a film trailer...but it's also possible that our key distribution partners will agree that the new trailer works very well with the other music already owned outright. So, to be clear: the rights to the "WILDFIRE" song were previously licensed "for use in the movie" but not for other uses. I know it sounds crazy that we cannot use a song master that we own outright, but that's how "music publishing rights" work: the master of a recording and the "copyright elements of the song" are considered two separate assets, each subject to separate licenses. Definitely not a big deal, but we wanted to clarify.
5). OTCQB UPLIST - Yes, still awaiting final audit opinion, but are otherwise ready to submit. There will be no advanced warning at this point. We will publish the OTC:QB documents as soon as the final audit opinion is provided. Could be any day, any moment. As mentioned before, conforming all of our assets, balance sheet items, payables, receivables and contracts is hardest "the first time" - and then these are established assumption items for all subsequent financial reports.
jaramill
4 days ago
$HHSE NEWS: MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024
Link to Minutes --> MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024
HANNOVER HOUSE, INC.
1722 N. College Ave. C303, Fayetteville, AR 72703
MINUTES OF THE BOARD OF DIRECTORS MEETING – June 11, 2024
A special meeting of the Board of Directors of Hannover House, Inc. was held on
Tuesday, June 11, 2024 telephonically at 1:30-pm CST. The purpose of this meeting was
to approve certain distribution and financing commitments on behalf of new, feature
film productions being developed by Company and others, as were initiated at the
Cannes, 2024 Film Festival and Marche du Filme. The following items describe the
issues addressed, and where indicated, the actions taken by the Board.
1). TWO MAJOR PRODUCTIONS WITH FORMA FILMZ / HUNGARIAN PARTNERS –
Regarding the film incentives, equity funding and studio co-production opportunities in
Hungary, the Board reviewed the terms of the ventures covering two major feature
productions, each with top commercial stars. Subject to Company’s final approval of the
casting, key personnel, production plans and budgets, the Board approved the issuance
of “soft” distribution guarantees from the Company (e.g., non-recourse commitments”
covering distribution of the films in North America, and / or the sublicensing of said
films to a major studio partner.)
2). ONE MAJOR PRODUCTION WITH TEMPUS PRODUCTIONS – Regarding the epic
action-adventure feature, “TEMPUS PORTA” – featuring three major stars – the Board
reviewed the terms of the production financing arrangements and the benefits to
Hannover House. ventures covering this Malta-based feature production. Subject to
Company’s final approval of the principal casting, key personnel, production plan and
budget, the Board approved the issuance of a “soft” distribution guarantee from the
Company (e.g., a non-recourse commitment” covering distribution of the film in North
America, and / or the sublicensing of said films to a major studio partner).
3). “INDIGENOUS” AND “FADE-‘EM’UP” PRODUCTIONS – Regarding these two USA
based, lower budgeted feature productions, the Board reviewed the production plans
and required financing shortfalls required. The Board agreed to include both
productions into the “use of proceeds” submission for a newly structured, five-million
dollar (USD $5,000,000) off-balance-sheet production equity funding arrangement with
a New York-based private equity fund. As the detailed terms of this new funding venture
are still under negotiation, the Board authorized communications with the production
entities of these two films, with the expression of the Company’s “interest” and “effort” - subject to the closing of the production equity funding venture.
There being no further issues addressed at this meeting, the Board adjourned at 2:25
pm.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report on the Minutes of the Board of Directors Meeting of Hannover
House, Inc. to be signed on its behalf by the undersigned hereunto duly authorized.
HANNOVER HOUSE, INC.
(Registrant)
Date: June 12, 2024
/s/ Eric F. Parkinson
By: ERIC F. PARKINSON
Chairman, C.E.O., President & Secretary
jaramill
4 days ago
$HHSE-NEWS:..General Update and Follow-up on CANNES and Major Activities for HHSE
Sunday, June 2, 2024
Link to HHSE Blog
$HHSE-NEWS: General Update and Follow-up on CANNES and Major Activities for HHSE
Greetings HHSE Friends - As requested, here are some additional updates on CANNES activities and other general activities for Hannover House, Inc. / MYFLIX and our affiliates.
1). INTERNATIONAL SALES - Direct licenses were made for FRANCE, ITALY and SPAIN on selected HHSE titles, most notably, "UNHOLY SONG: THE EXORCISM OF EVIL". A separate deal was consummated for all sales, licensing and distribution rights to WILDFIRE outside of North America (however, the licensor retains the right to control the timing of the announcement).
2). MULTI-MILLION DOLLAR PRODUCTION FINANCING VENTURES - Although we are still under N.D.A. restrictions on two of the titles, we can announce that major financing was structured for THREE (3) separate major features. Two of these are slated for production in Hungary and Germany (budgets are $6-mm and $12-mm), and one of these is slated for production in Malta and France (TEMPUS PORTA at $20-mm). For the Hungarian-German co-productions, one of the films features a 2023 Academy Award nominated actress, and the other film features one of the highest ranked stars in the world (both in terms of IMDB Star Ranking as well as worldwide box office grosses). The TEMPUS PORTA film includes a venture with the same production company that recently completed GLADIATOR 2 and is now handling the production of JURASSIC WORLD 4. Again, N.D.A. restrictions are required due to the partners and stars involved. Any one of these movies are major "game changers" for HHSE in terms of production fees, distribution fees, profit participation and general stature / credibility for the company. To have three such projects in the same year is beyond significant for the future of HHSE.
3). MYFLIX PARTNER STUDIOS - lots of meetings at Cannes and support and enthusiasm continues high for MyFlix. However, all of the major suppliers agree with the strategy of launching MyFlix with the multi-faceted marketing strategy originally planned for the venture. There was no support, only concern, that buckling to pressure from shareholders to proceed with the venture without proper marketing and ad support would likely result in a failed launch. Timing wise, HHSE has several likely financing sources for MyFlix, all triggered by the current OTC: QB Uplist project.
4). WILDFIRE RELEASE & GENERAL UPDATES - Prior to the major studio streaming launch of this title, HHSE will be given a 60-day window for the exploitation of North American theatrical rights. As of this date, the V.O.D. premiere window date has not been finalized (although, we're being told that it will LIKELY be between Thanksgiving and Christmas this year - prime time for family programming). Accordingly, the most likely theatrical launch date will be MID-SEPTEMBER.
Meanwhile, we have not come to terms with Warner-Chappell Music on the use of our new "WILDFIRE" song master, except for the use of this version withing the movie itself. We will need a separate license for using this recording within a TRAILER, or as a component of a free-standing MUSIC VIDEO. Accordingly, we have pulled down both the trailer version (from last year) and the Anne Heche music video tribute, as these utilized the new master, but did not have the "publishing rights" for these additional uses. We were already making a new trailer for the film which does NOT use our new recording as featured in the movie. It is possible we may go back and license the rights to use our own version of the song for use within a film trailer...but it's also possible that our key distribution partners will agree that the new trailer works very well with the other music already owned outright. So, to be clear: the rights to the "WILDFIRE" song were previously licensed "for use in the movie" but not for other uses. I know it sounds crazy that we cannot use a song master that we own outright, but that's how "music publishing rights" work: the master of a recording and the "copyright elements of the song" are considered two separate assets, each subject to separate licenses. Definitely not a big deal, but we wanted to clarify.
5). OTCQB UPLIST - Yes, still awaiting final audit opinion, but are otherwise ready to submit. There will be no advanced warning at this point. We will publish the OTC:QB documents as soon as the final audit opinion is provided. Could be any day, any moment. As mentioned before, conforming all of our assets, balance sheet items, payables, receivables and contracts is hardest "the first time" - and then these are established assumption items for all subsequent financial reports.
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