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Friday, February 2, 2024

In Advance of OTC:QB Uplist, Hannover House discloses key elements of 3-year Business Plan

UPDATE: Sunday, Feb. 25 - The detailed blog (below - originally posted on Feb. 2), predicted the filing of the OTC Markets uplist (to QB) as likely to occur last week. This did not happen, and for a reason we now know (but did not know then) regarding the turn-around time for verifications of key payables and receivables under PCAOB Section 330 and 331 procedures. Key items requiring verification under PCAOB audit practices cannot be deemed unopposed until specific benchmarks of time and outreach efforts have transpired. Accordingly, we are still in a short waiting period for these issued to be verified (or deemed unopposed as such). That said, we still stand by our predictions of solid growth in the PPS and volume of HHSE shares in the next few days and weeks. 

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(FEB. 2 BLOG):

As recommended by corporate counsel - Hannover House, Inc. is providing information and disclosures below - including charts - describing corporate activities, projects and forecasts. This information is provided due to the scheduled release of information next week to potential stakeholders and lenders, who have expressed interest in supporting specific projects and / or the company's stock at such point in time that the OTC Markets uplist application to QB status has been completed. 

Timing for this initial project (the OTC Markets up-list) is imminent - although the positive impact to the company's stock price and volume are forecasted for mid-to-late February. 

Additional benchmark activities for 2024 include: company's first ever "nationwide" theatrical release of WILDFIRE (April 19), the completion of the historic feature film INDIAN TERRITORY (with Oscar-winning actors), and the launch of the MYFLIX Streaming service (which, for most of the MyFlix suppliers, has always been tied-into the company first stepping up into "fully-reporting status" for accounting transparency as required for the supplier studios).  

These projects and corporate actions by Hannover House are widely expected to attract significant new interest into the company and stock... and could / should dramatically increase the volume and PPS of the HHSE stock. The efforts by a handful of stock-naysayers to suppress the stock has created a huge upside for smart money... as the potential HHSE price of more than $.05 per share creates a ten-to-one-return potential. 

The exclusion of specific projects from the attached charts should not be construed as an abandonment of said projects - merely that the HHSE management has chosen to highlight those items deemed most likely to have a "material" impact to the operations (e.g., more than $500,000 in value). Examples of projects not listed on the charts include:  COWBOYS OF CANNABIS (now on various streaming services after a 90-day TUBI exclusive), THE LEGEND OF BELLE STARR (temporarily delayed due to prioritization of INDIAN TERRITORY as the launch vehicle) and NATIVE FABLES (an anthology of Native American written-and-directed short films, now in production and about 50% completed). 

More to come....