Good Evening HHSE Friends & Followers - California Litigation Attorney Daniel J.Y. King informs HHSE management that the timeline for filing in the Daisy Winters matter is still a few days away. Previously, we had hoped for the company's motions to be filed by now. However - during the past two weeks, King has reviewed the documents and communications regarding the prior settlement agreement, the proof of HHSE's full compliance with those settlement terms, and the subsequent release of the film by different distributors (DVD through Echo Bridge, from former HHSE VP of Sales TOM SIMS), as well as through Amazon Prime / IMDB-TV Streaming.
In filing an opposition to the default, attorney King will argue the principal, applicable issues (including fully performed settlement), but will also argue issues "in the alternative" - including the mitigating / offset of revenues that the film received from the new distribution ventures. These additional items require more time for drafting and supporting Exhibits.
Shareholders have been anxiously awaiting an update in this matter - as the DAISY WINTERS dispute is the last of three key legal issues that HHSE Securities Counsel felt should be addressed prior to the filing of the company's Form 10 registration and S1 offering.
Watch this blog space for updates on MyFlix and the registration filings this week...
