Last $0.01 USD
Change Today -0.0001 / -0.79%
Volume 3.4M
HHSE On Other Exchanges
Symbol
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OTC US
As of 8:10 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

hannover house inc (HHSE) Snapshot

Open
$0.01
Previous Close
$0.01
Day High
$0.01
Day Low
$0.01
52 Week High
07/26/13 - $0.03
52 Week Low
09/26/13 - $0.0050
Market Cap
7.3M
Average Volume 10 Days
817.0K
EPS TTM
$-1.67
Shares Outstanding
580.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for HANNOVER HOUSE INC (HHSE)

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hannover house inc (HHSE) Details

Hannover House, Inc. engages in the production and distribution of feature films in the DVD and Blu-Ray markets in North America. The company also publishes books; and is involved in theatrical release of titles. Hannover House, Inc. offers its products through independently owned and operated retail video stores and book stores, as well as various Internet retailers. The company was formerly known as Target Development Group, Inc. and changed its name to Hannover House, Inc. in January 2012. Hannover House, Inc. was founded in 1993 and is based in Springdale, Arkansas.

6 Employees
Last Reported Date: 05/15/14
Founded in 1993

hannover house inc (HHSE) Top Compensated Officers

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Executives, Board Directors

hannover house inc (HHSE) Key Developments

Hannover House, Inc. Announces Amendments to Articles of Incorporation

Effective as of April 1, 2014, the Board of Directors of Hannover House, Inc. approved the restoral of the Authorized Common Stock shares back to the previous cap of 700 million shares. The Authorized Common Stock shares were established at 700 million shares in 2010, and were modified in 2012 for a period of two years to a reduced cap of 600 million shares. In respect of potential financing ventures which may require an option for conversion to shares after a one-year aging period, the Company needed to restore the A/S level to make such collateral or conversion mechanisms a viable option. Any shares which might be issued as collateral for new activity ventures from the restored A/S cap would bear the Rule 144 Sale Restriction, and would be subject to recapture by the company if, as and when the ventures for which the collateral or conversion options are issued become fully retired from revenue payments.

Hannover House, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter Ended December 31, 2013

Hannover House, Inc. reported unaudited consolidated earnings results for the fourth quarter ended December 31, 2013. For the quarter, the company reported total revenues of $1,167,594, income from operations of $331,402, income before income taxes of $331,402 and net income of $331,402.

Hannover House, Inc. Enters into Financing and Distribution Agreement with Belle Starr, Inc

Hannover House, Inc. has entered into an international financing and distribution agreement with Belle Starr, Inc., to cover the production and releasing costs for the motion picture production, 'The Legend of Belle Starr'. The production costs for the film are estimated at $3.5 million (inclusive of fees, contingency, interest and bond), and the 'initial theatrical releasing' costs for the film have been budgeted at $1.5 million (supporting a 600-screen, USA theatrical launch). Under the terms of the agreement, Belle Starr, Inc. will be solely responsible for the funding of the film's production and releasing costs. Hannover House will handle worldwide sales representation, distribution and licensing of the film under a performance-based sales agency agreement; but Hannover House will be required to defer one-half of its customary sales agency fees until the production and releasing costs have been fully recouped for Belle Starr, Inc. At such point in time that Belle Starr, Inc. shall have received back all principal investments, plus interest and 20% return, thereafter, ownership of the film shall be assigned over to vest with Hannover House, subject to ongoing profit participations due to Belle Starr, Inc. and principal talent participants in the film.

 

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Price/Earnings 4.2x
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Price/Cash Flow 5.1x
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