Public Company - Disclaimer Regarding Informative Blog Posts & Updates

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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General Update and Follow-up on CANNES and Major Activities for HHSE

Greetings HHSE Friends - As requested, here are some additional updates on CANNES activities and other general activities for Hannover House, Inc. / MYFLIX and our affiliates.

1).  INTERNATIONAL SALES - Direct licenses were made for FRANCE, ITALY and SPAIN on selected HHSE titles, most notably, "UNHOLY SONG: THE EXORCISM OF EVIL." A separate deal was consummated for all sales, licensing and distribution rights to WILDFIRE outside of North America (however, the licensor retains the right to control the timing of the announcement).

2).  MULTI-MILLION DOLLAR PRODUCTION FINANCING VENTURES - Although we are still under N.D.A. restrictions on two of the titles, we can announce that major financing was structured for THREE (3) separate major features. Two of these are slated for production in Hungary and Germany (budgets are $6-mm and $12-mm), and one of these is slated for production in Malta and France. For the Hungarian-German co-productions, one of the films features a 2023 Academy Award nominated actress, and the other film features one of the highest ranked stars in the world (both in terms of IMDB Star Ranking as well as worldwide box office results).  Again, N.D.A. restrictions are required due to the partners and stars involved. Any one of these movies are major "game changers" for HHSE in terms of production fees, distribution fees, profit participation and general stature / credibility for the company. To have three such projects in the same year is beyond significant for the future of HHSE.

3).  MYFLIX PARTNER STUDIOS - lots of meetings at Cannes and support and enthusiasm continues high for MyFlix. However, all of the major suppliers agree with the strategy of launching MyFlix with the multi-faceted marketing strategy originally planned for the venture.  There was no support, only concern, that buckling to pressure from shareholders to proceed with the venture without proper marketing and ad support would likely result is a failed launch. Timing wise, HHSE has several likely financing sources for MyFlix, all triggered by the current OTC: QB Uplist project.

4).  WILDFIRE RELEASE & GENERAL UPDATES - Prior to the major studio streaming launch of this title, HHSE will be given a 60-day window for the exploitation of North American theatrical rights. As of this date, the V.O.D. premiere window date has not been finalized (although, we're being told that it will LIKELY be between Thanksgiving and Christmas this year - prime time for family programming). Accordingly, the most likely theatrical launch date will be MID-SEPTEMBER. 

Meanwhile, we have not come to terms with Warner-Chappell Music on the use of our new "WILDFIRE" song master, except for the use of this version withing the movie itself. We will need a separate license for using this recording within a TRAILER, or as a component of a free-standing MUSIC VIDEO. Accordingly, we have pulled down both the trailer version (from last year) and the Anne Heche music video tribute, as these utilized the new master, but did not have the "publishing rights" for these additional uses. We were already making a new trailer for the film which does NOT use our new recording as featured in the movie. It is possible we may go back and license the rights to use our own version of the song for use within a film trailer... but it's also possible that our key distribution partners will agree that the new trailer works very well with the other music already owned outright. So, to be clear: the rights to the "WILDFIRE" song were previously licensed "for use in the movie" but not for other uses. I know it sounds crazy that we cannot use a song master that we own outright, but that's how "music publishing rights" work:  the master of a recording and the "copyright elements of the song" are considered two separate assets, each subject to separate licenses. Definitely not a big deal, but we wanted to clarify. 

5).  OTCQB UPLIST - Yes, still awaiting final audit opinion, but are otherwise ready to submit. There will be no advanced warning at this point. We will publish the OTC:QB documents as soon as the final audit opinion is provided. Could be any day, any moment. As mentioned before, conforming all of our assets, balance sheet items, payables, receivables and contracts is hardest "the first time" - and then these are established assumption items for all subsequent financial reports. 

6).   REVISION OF Q1 2024 FILING - In December, 2023, Management filed with the Wyoming Secretary of State for an increase in the Authorized Shares of HHSE to a max A/S of 1,250,000,000, as opposed to the prior ceiling of 1,100,000,000. This application was not immediately processed by the Wyoming Secretary of State for unknown reasons, and as a result, the A/S was not formally recognized on the company's 12-31-2023 year-end report. However, it was accepted in January, and acknowledged by Standard Registrar in February of 2024. Accordingly, the 3-31-2024 Quarterly report has been updated and corrected to show this higher A/S which was, in fact, effective during that reporting period.  The purpose of the higher A/S is to allow for a cushion of unissued treasury stock in order to meet some current financing structures, which include the option - but not the assurance - that shares might be issued in part for major production and MyFlix ventures. To date, no such "options" have been issued; however, counsel advised that the A/S needed to be adjusted to allow such deals to be pursued. 

Solid launch for first few days of CANNES market

Greetings HHSE Friends - it’s easy for us to project a record revenue year for HHSE in 2024, based solely on the distribution and production deals made during these first five days at CANNES.

International licensing deals have been made on six key titles (including two, previously unannounced features: SWEAT IT OUT and TEMPUS PORTA). Even more exciting: over $22-mm worth of production and financing ventures involving co-production (PSA) arrangements, government incentives and equity investors from Germany, Australia, Malta and Hungary will fund five major production titles (four not yet announced). 

Post Cannes wrap-up will go into greater details.  Onward soldiers, the victory is ours! 

HHSE - Office / Warehouse / "Insert Stage" Work-in-Progress

 Greetings HHSE Friends - here's a few updates on HHSE activities:

1).  Q1 filings will be posted on Monday (May 14) to the OTC markets.

2).  Still waiting for final Audit review for the OTC:QB up-list. But the application filing is otherwise ready to go at a moment's notice.

3).  Significant high-level "MATERIAL" meetings at Cannes next week, which have the potential of reshaping / revolutionizing the activities and stature of HHSE. Will report on these as they conclude.

4).  Office-Warehouse-Stage combo project is well underway in Fayetteville. Five work stations in the enclosed office (for HHSE and MyFlix activities), plus men's and women's restrooms, and approx. 2,500 sq feet of storage, 1,200 sq. foot of an "insert stage" and cyclorama back wall. More to follow as this project approaches the finish line.

And last, but not least:  big release development (VOD schedule confirmation) is being finalized for WILDFIRE. Our previous "HHSE selected release dates" were thwarted by the requirement that we withhold the theatrical launch until "not more than 60-days prior to the Streaming Launch." So, to have that date about to be announced, frees us up to get back to the exciting task of a major theatrical launch with WILDFIRE!

Hannover House / Restoration to "Current" Status on OTC Markets

Greetings - after two revisions and 32 days of waiting for OTC review, we finally got the thumbs-up that our filing has been approved, and that we can upload the Annual Attorney Letter to the OTC Markets. We are informed that our "current" status could be restored as early as tomorrow... or on Monday.

Just wanted to let the team know.

ON ANOTHER MATTER - below is the VIMEO link to the PROMO REEL for a new feature documentary that Hannover House will be representing for the producers. 

SWEAT IT OUT will be announced at CANNES in about two weeks.

VIMEO LINK: https://vimeo.com/manage/videos/818241955

PW:  SWEAT

ONWARD!!   

HHSE Filings & General Update

Greetings HHSE Friends - here is a quick summary of key items as of Friday, April 26, 2024:

1).  OTC FILINGS - a second round of formatting and disclosure revisions were posted last night for the year-end report (12-31-2023); once this filing is approved, the company will  be restored to “current” reporting status. 

2). Upon restoration to “current status” - we will be able to file the annual attorney opinion letter for further compliance. 

3).  OTC QB application is ready to file as soon as the audit opinion letter is provided. Audited financials for 12-31-2023 will also be filed to SEC Edgar, to achieve fully reporting compliance. 

4).  Final prep is underway for CANNES meetings for international sales & licensing. HHSE will be offering seven titles… NOT including a new project - a $10-mm financed action adventure feature to shoot later this year in Hungary. Excited to be working with ADRIAN PAUL (“Highlander”) on this one, and with his FormaFilmz team. 

MUCH MORE TO FOLLOW!!

Hannover House - 12-31-2023 Filings with the OTC Markets

Greetings - We received an unexpected and unwelcomed surprise on Monday while attempting to UPLOAD our 12-31-2023 year-end report to the OTC Markets. We discovered that our subscription access had expired and that we were blocked from uploading news or disclosures. Upon investigation, we discovered that the renewal bills had been sent to the original contact email, Fred@HannoverHouse.com, which is a mail box rarely checked since the death of Fred Shefte two years ago. We had presumed that our "company contact details" as updated regularly would be utilized for any such future invoicing... but have since had to request that Eric Parkinson be listed as the billing contact.

In any event, without our 12-31-2023 filing posted by the April 1st date, the company received a "YIELD" sign. We are told that this will be restored to CURRENT status once our access is restored (tonight), a new password is selected, and our 12-31-2023 filings are reviewed. Otherwise, all is good and on track.

Have a great weekend... and may the sun shine onto your portfolios (except for Monday afternoon during the solar eclipse).