1). Q3 FILINGS - SEC and OTC - Delayed until tomorrow. Why? The Company was in receipt of prepaid cash from producer-clients for P&A expenses as of Sept. 30, and has requested advice from a CPA as to the proper characterization of these funds.
2). FORM 8 FILING - The filing of the Form 8 will also follow the publication of the full Q3 report, as the Form 8 refers to items in the Q3 report.
3). SHAREHOLDER Q&A - HHSE has agreed to address shareholder questions via this BLOG. In the near future, we hope to replace the email Q&A format with an investor "conference call." Meanwhile, please email any questions you have regarding Q3 results or other activities to:
HannoverPR@aol.com
Questions received by 10am Pacific Time tomorrow (Friday, Nov. 20) will be addressed in tomorrow afternoon's blog.
THANKS! HHSE
| SALES SNAPSHOT: Q3 - (Period Ending Sept. 30, 2015) | |
| Consumer Products (DVDs, BD's, Books) | $ 721,159.38 |
| 25% Returns Reserve on Packaged Goods Sales | $ (179,905.60) |
| Television / V.O.D. / S.V.O.D. | $ 516,065.00 |
| VODWIZ Mastering & Upload Fees | $ 43,750.00 |
| International Licenses | $ - |
| Major Studio Distribution Ventures | $ - |
| Theatrical Releasing Revenues & Fees | $ 1,517,800.26 |
| $ 2,618,869.04 | |