Tuesday, November 5, 2019

Minutes & Actions of the HHSE Board of Directors




Management Disclosure Statement

Hannover House, Inc.
A Wyoming Corporation

5830 E. Second Street, Casper, WY 82609
(Principal Office)

355 N. College St., Fayetteville, AR  72703
(Management Office)
________________________________
479-935-3593          
www.HannoverHouse.com
Eric@HannoverHouse.com
SIC Codes: 7822 / 2731


Date of Filing: November 5, 2019

Actions Approved by the Board Of Directors

A regular meeting of the Hannover House, Inc. Board of Directors was held on Thursday, Oct. 31, 2019 at 3:00-pm at the Company’s Management Office located in Fayetteville, AR.  The following actions were reviewed, discussed, and as noted, adopted by the Board of Directors:

1).  RESPONSIVE FILING TO JSJ (TEXAS) – The Board approved the authorization of filing this week the evidence and declarations proving full satisfaction of the JSJ claims in the Dallas, TX courts by attorney James Carroll. The previously prepared filings were withheld from submission to the court in order to allow JSJ the opportunity to voluntarily file the motion for Satisfaction of Judgment.

2).  APPROVAL OF SETTLEMENT TERMS – “Getting Grace, LLC” Matter – The Board approved of terms to present to the court in Pennsylvania regarding the settlement and final resolution of the dispute regarding distribution rights and payments for the film, “Getting Grace.”  Brian Keil of the Laputka Law Firm has been provided with the Board approved terms and will endeavor to have this matter fully resolved by Nov. 7.

3).  NOTICE OF ARKANSAS HEARING – The Board approved the formal filing of a notice to dispute the October 8, 2019 “order” from the Arkansas Department of Securities based on discussions with, and information received directly from the same department which invalidates the order and applicability.

4).  APPROVAL OF BOOKKEEPER AND CFO POSITIONS – The Board approved the hiring of a full-charge bookkeeper at a salary range of between $36,000 and $60,000 based on experience and skills; the Board also approved the hiring of a Chief Financial Officer for the company at a salary of between $70,000 and $120,000 based on experience and skills.

5).  THEATRICAL COMMITMENT FOR “THE FINAL MINUTE” – The Board approved the issuance of a theatrical releasing commitment for the Action / Sci-Fi Feature, “THE FINAL MINUTE,” scheduled for production in April and May of 2020. Based upon the high-profile cast and budget, (both of which are subject to Company’s reasonable approval), Company will commit to the North American distribution terms as set forth, including the production company’s requirement of a theatrical launch of the film onto at least five-hundred (500) screens, which release is planned for mid-October 2020.


Each of the above items was approved by unanimous consent by the Board. There being no other issues requiring action by the Board of Directors, the meeting was adjourned at 3:35-pm.


Issuer Certification

Principal Executive Officer:

I, Eric Parkinson, certify that:

1. I have reviewed this report of Actions by the Board of Directors from the meeting held on Oct. 31, 2019;

2. Based on my knowledge, this disclosure statement does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this filing; and

3. Based on my knowledge, the financial statements, and other financial information included or incorporated by reference in this filing fairly present in all material respects the financial condition, results of operations and cash flows of the issuer as of, and for, the periods presented in this filing.

November 5, 2019

/s/ ERIC PARKINSON, Chairman, CEO and Corporate Secretary



Additional Comments for HHSE Shareholders:  "THE FINAL MINUTE" is an independently funded feature film which includes a substantial allocation for the costs of "Theatrical Prints, Ads & Releasing Costs."  Hannover House, Inc. has entered into an agreement to perform the Theatrical Distribution Services for the film on an "agency" basis in which HHSE shall be prepaid all costs (including "booking, marketing, administrative and settlement fees"), plus an override fee for the placement of the film's North American home video, streaming and television distribution rights with a major studio partner. This form of deal structure is significantly different than the manner under which the company structured previous production or theatrical distribution ventures - in that HHSE has no out-of-pocket investment, no contingent liability, no guarantees and no downside. The services being provided by HHSE are a benefit to the producers, whose funding requires a significant North American theatrical release.

This film is budgeted for the hiring of THREE "A" Level Stars, plus a solid support cast.