HANNOVER HOUSE INC - HHSE STOCK NEWS

InteliMation AI secures investment to produce first fully AI and CGI generated feature film 'Journey to Utopia' with A-list voice talent. The film's visuals will be created using cutting-edge AI visual rendering. The technology allows for major studio quality animated features to be produced in less than eight months, at a fraction of the cost and time. The world animation market is expected to grow to over $580 billion by 2030. Hannover House and InteliMation aim to complete two animated features in 2024 and increase production in subsequent years.

Hannover House pursuing two high-profile awards for its debut feature production of 'WILDFIRE: THE LEGEND OF THE CHEROKEE GHOST HORSE'

Hannover House, Inc. (OTC:HHSE) has appointed Desiree Garnier as interim President and General Manager of its streaming service, MyFlix. Garnier, who previously served as Director of Marketing for Hannover House, returns after almost three years at Art Bridges. Her role includes overseeing the MyFlix team and managing vendor relationships. MyFlix aims to operate similarly to platforms like TUBI and Netflix, offering a library of over 15,000 programs from 40 suppliers. With its launch, investors anticipate significant revenue growth and stock price appreciation.

Hannover House, Inc. (OTC:HHSE) has launched a music video tribute to the late Anne Heche, co-star of the upcoming film "WILDFIRE: THE LEGEND OF THE CHEROKEE GHOST HORSE". Directed by Eric Parkinson, the video features a new rendition of the song "WILDFIRE", with performances by Chevel Shepherd and Michael Martin Murphey. The film, which tells the story of a girl coping with grief and her connection to a mystical horse, is set for theatrical release in November, followed by a premium video-on-demand launch for Christmas week.

Hannover House, Inc. (OTC:HHSE) announces resolution of compliance issues, setting a July 28 filing date for its Form 10-12(g) registration with the SEC. This long-awaited filing aims to include financials through June 30, 2022. CEO Eric Parkinson highlights that this move is crucial for the launch of the MyFlix streaming venture and supports the company's goal of transitioning to the OTC: QB market. Despite recent stock price struggles attributed to compliance delays, there is optimism among shareholders that registration could stabilize and potentially elevate share prices.

Hannover House, Inc. (OTC:HHSE) is ramping up original productions after a successful Cannes Film Festival Market. Plans include financing through international presales and private equity for features like Wildfire: The Legend of the Cherokee Ghost Horse, set for international distribution in July. CEO Eric Parkinson emphasized the positive market response and profitability of initial productions, aiming for enhanced catalog offerings on the upcoming MyFlix service. The company anticipates elevating its stock to OTC: QB status, potentially increasing shareholder interest and trading volume.

Hannover House, Inc. (OTC PINK: HHSE) anticipates a record year in 2022, projecting gross revenues exceeding $20 million and pre-tax profits over $4 million. The company aims to capitalize on the streaming market through its MyFlix platform, expected to generate at least $15 million from over 15,000 titles. Additional revenue of $3.5 million is anticipated from high-end feature productions. The MyFlix launch will cost around $4 million, backed by investor credit. Hannover House's stock has recently traded under $.02, but expectations of increased market capitalization could drive significant stock price improvements.

Hannover House (OTC PINK:HHSE) is addressing two of three legal issues impacting its Form 10 Registration with the SEC. CEO Eric Parkinson anticipates the resolution of the last matter within two weeks, enabling the filing of the S1 offering. The company plans to raise funds by offering 60 million shares in a three-tranche offering at $0.05 and $0.08 each to finance its new MyFlix streaming service and feature films. The shift from DVD distribution to direct-to-consumer streaming aligns with market trends, aiming for higher margins and profitability.

Hannover House announces the addition of Adrian Paul and Cara Jade Myers to the cast of "Wildfire: The Legend of the Cherokee Ghost Horse", currently finalizing principal photography in Texas. This film, featuring stars like Chevel Shepherd and Anne Heche, represents a shift in Hannover House’s business strategy towards higher-profile productions. Eric Parkinson, CEO, highlighted that international interest at the Cannes Festival could enhance the company’s cash flow. The film will be released through a major studio and followed by a MyFlix home placement, expected to boost investor confidence.