Good Afternoon HHSE Friends - As requested, below is a quick update on various activities.
1). LEGAL ISSUES - Progress continues to be made in removing or addressing legal issues that have impeded the filing of the company's Form 10 Registration. Here's an updated summary:
a). LEWIN - Formal Settlement Agreement has been signed and the court dockets in NY and AR will be updated shortly.
b). UPTONE - Based on the strong, legal merits of the HHSE motion, the oral-arguments hearing for last week was canceled in favor of a judicial review and ruling. We expect to prevail and that this news will be formalized in the next 30 days. Regardless, the filing has been satisfied to evidence to the S.E.C. that HHSE has meritorious legal positions and is pursuing same.
c). DAISY WINTERS - Filing of Motion to Dismiss Default will occur today, prior to the response deadline under California law.
2). COWBOYS OF CANNABIS - HHSE is fielding offers from various international distributors, and has engaged a top Beverly Hills entertainment law firm to negotiate the offer received from a major USA partner. Big deals with big media partners are complex and take time - and longer than we had hoped. But we haven't stopped smiling for the past week. Very exciting stuff...
3). TRIBUTE TO COLIN POWELL - HHSE C.E.O. Eric Parkinson had the honor of a private dinner with General Colin Powell in August, 1996 when both he and General Powell were the featured speakers at the Video Software Dealers Association Convention. Parkinson can attest that General Powell was a personable individual, with great humility and respect for others. May his legacy continue to be an inspiration to others in this time of political polarization and divided culture. He was a great man and a great asset for America - and will be missed.
