Greetings HHSE Friends & Followers - HHSE was advised years ago that our status as an OTC Markets Pinksheet company does not require that each of our BLOGS or PRESS RELEASES contain the industry-standard "forward looking statements" disclosures that apply to fully reporting companies. When we first launched the HHSE Shareholder's Blog - the intention was to provide a "real-time" (almost weekly) forum to share project status updates and other information to shareholders. The purpose of the blog has always been to provide maximum transparency, and to share information about what is happening while projects are still in progress. Never has the company anticipated or suggested that this blog be relied upon as a financial advisory source to guide the readers with the investment - or divestment - of Hannover House stock or any other entity. Hannover House management has always followed the philosophy that the managers work for the shareholders - and to the fullest extent possible (e.g., without violating public company rules, or breaking an agreement for non-disclosure or hold-backs with arm's-length suppliers, venture partners or auditors) we have strived to get frequent and transparent updates to our supporters.
As is always the case in running a business - and perhaps even more so when running a company in a rapidly evolving business sector such as entertainment - management plans and goals at the beginning of one month might no longer apply a few weeks later.
Opportunities for deals come-and-go, based on many factors that are usually not within the control of Hannover House management. For instance - last year, the company announced a venture to record three Academy Award winning performers to be voice-talent in an animated / A.I feature project called "Journey To Utopia." At the time of that project's announcement, three qualifying stars had expressed (through agents) that they were committed to this project. However, one of the performers subsequently became too ill to work, and had to withdraw from the project. As the co-production funding venture had a requirement for three Oscar winners as catalyst to the release of funds, we have since been back in the talent fishing pool to find a suitable replacement performer, to qualify for the funding commitment. Some shareholders have said "why didn't you wait until you had the actors attached" before announcing? Well, that's exactly what we did. Others have said "if you had three Oscar winners attached but did NOT tell the shareholders, that's an omission of a material development." That is also correct.
So, we walk the tightwire of "do we share information or not?" Referring back to our philosophy that managers work for the shareholders, we decided that it's BETTER to share with our team exactly what is happening as it happens... but with the obvious reality that some things are out of the company's control... such as the health of a performer... or maybe the opinion of an auditor as to how some costs are reported or values calculated. We present the news, as it happens, and caution our shareholders to NOT make investment decisions based upon news and blogs.
In conclusion - and in respect of the company's current uplisting activities to OTC: QB - we have decided to start acting more like a NASDAQ company... and less like a Pinksheet equity. Accordingly, we are sharing with out Blog readers again our FORWARD LOOKING STATEMENTS disclosure below.... and reminding the readers of our press releases and blog posts that the sharing of news does not constitute a suggestion to buy or sell the Hannover House shares. It's simply the news as it has occurred... with the knowledge that circumstances often do change over time. We will continue to share important news as it happens, because more shareholders has requested this than those suggesting that we never provide activity updates. ONWARD!
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HANNOVER HOUSE, INC.
Corporate Disclaimer
Regarding Content of Shareholder’s Blog.
“Forward looking
statements”
The statements and information contained within this Blog
may contain certain forward-looking statements relating to Hannover House, Inc.
(the “Company”) and it’s activities in projects, which statements are based on
the beliefs of the Company’s management as well as assumptions made by and
information currently available to the Company’s management at the time that
each Blog is posted. These forward-looking statements are, by their nature,
subject to significant risks and uncertainties. These forward-looking
statements include, without limitation, statements relating to the Company’s
business prospects, future developments, trends and conditions in the industry
and geographical markets in which the Company operates, its strategies, plans,
objectives and goals, its ability to control costs, statements relating to
prices, volumes, operations, margins, overall market trends, risk management
and exchange rates.
When used herein, the words “anticipate”, “believe”,
“could”, “estimate”, “expect”, “going forward”, “intend”, “may”, “ought to”,
“plan”, “project”, “seek”, “should”, “will”, “would” and similar expressions,
as they relate to the Company or the Company’s projects or management, are
intended to identify forward-looking statements. These forward-looking
statements reflect the Company’s views at the time that each such statements
were made with respect to conditions at the time of the blog posts - with the
expressed acknowledgement that anticipated future events are not a guarantee of
future performance or developments.
Readers of this informative Company blog are strongly
cautioned that reliance on any forward-looking statements involves known and
unknown risks and uncertainties. Actual results and events may differ
materially from information contained in the forward-looking statements as a
result of a number of factors, including any changes in the laws, rules and
regulations relating to any aspects of the Company’s business operations,
general economic, market and business conditions, including capital market
developments, changes or volatility in interest rates, foreign exchange rates,
equity prices or other rates or prices, the actions and developments of the Company’s
competitors and the effects of an evolving marketplace for the production and distribution
of filmed entertainment products. Subject to the requirements regarding public
company disclosures, the Company does not intend to update or otherwise revise
such forward-looking statements, whether as a result of new information, future
events or otherwise. However, as material level changes impact the Company’s
activities, projects or schedules, the Company may elect to post a new blog
disclosure while still allowing the prior, outdated blogs to remain publicly
visible. As a result of these and other risks, uncertainties and assumptions,
forward-looking events and circumstances discussed herein might not occur in
the way the Group expects, or at all. Accordingly, you should not place
reliance on any forward-looking information or statements. All forward-looking
statements herein are qualified by reference to the cautionary statements set
forth in this section.
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