HANNOVER HOUSE INC - HHSE STOCK NEWS

Hannover House (OTC PINK:HHSE) has filed to do business in Oklahoma, aiming to capitalize on the state's incentives for film production. The company plans to acquire 12 acres in Cherokee County to construct a 15,000 sq. ft. film stage for its $20 million project, "Meltdown". Following necessary approvals, the land acquisition is expected within 45 days. Hannover is also preparing a Form 10 registration and an S1 stock offering to raise funds for its MyFlix streaming service, offering initial shares at $0.05 each. This move is seen as a shift towards producing higher-budget films.

Hannover House (OTC PINK:HHSE) is enhancing its visibility at the Cannes Film Festival with a publicity campaign aimed at promoting its digital streaming service, MyFlix, and the upcoming WILDFIRE film. Activities include a satellite tour to USA TV stations and a meet-and-greet with the film's cast, highlighting its support for indigenous talent. With the cast fully vaccinated, filming is set to conclude soon. The company anticipates generating significant press coverage to align with the launch of MyFlix and the film's completion.

Hannover House, Inc. (OTC PINK:HHSE) has updated its Form 10-12(g) Stock Registration for final review before submission to the SEC. The revisions address previously noted concerns, enhance financial disclosures, and clarify the structure of the MyFlix venture. The company plans an S1 Registration Filing to offer up to 30 million shares at $0.05 each, potentially raising $1.5 million. Additionally, new management details will be announced soon. Hannover aims to elevate its market profile and launch its MyFlix streaming service with a strong marketing campaign in August.

Hannover House (OTC PINK:HHSE) announced a $20 million budget for the upcoming film Meltdown, which will premiere on its new streaming service, MyFlix, simultaneously with its theatrical release in January 2023. The film, described as 'Die Hard in a Nuclear Plant,' features an army ranger and engineers thwarting a terrorist plot. The project aims to attract major stars, enhancing its marketability and potential for international presales. MyFlix is set to launch with over 15,000 titles, targeting diverse film audiences. Hannover House plans to commence filming in March 2022.

Hannover House (OTC PINK:HHSE) announced a revised stock offering aimed at raising $8 million for its streaming service, MyFlix. In response to increased share volume and pricing, the offering will consist of three tranches: 30 million shares at $0.05, 30 million shares at $0.08, and 40 million shares at $0.10. This modification allows the company to achieve its fundraising goals while selling fewer shares than previously planned. MyFlix aims to launch this summer with over 15,000 titles from more than 40 suppliers.

Hannover House, Inc. (OTC:HHSE) anticipates a significant shift in entertainment consumption favoring home-streaming. CEO Eric Parkinson asserts that the rising demand for independent and specialty films presents a valuable opportunity, especially with the launch of MyFlix, a hybrid streaming model combining transactional and subscription services. MyFlix aims to offer over 15,000 titles, positioning itself uniquely amidst major competitors. To support this venture, Hannover House plans an $8 million stock offering, with 70% allocated for MyFlix launch costs, capitalizing on the evolving marketplace.

Hannover House (OTC PINK:HHSE) CEO Eric Parkinson is unveiling the MyFlix streaming service, a revolutionary platform set to change the digital entertainment landscape. MyFlix aims to combine transaction-based and subscription models with a vast library of over 15,000 titles, targeting the growing demand for home streaming. The company plans to raise $8 million to support MyFlix's development and marketing. Parkinson believes that MyFlix could significantly boost HHSE’s stock performance, despite ongoing legal challenges.

Hannover House (OTC: HHSE) plans to expand its film production efforts with three upcoming features in Oklahoma: "Primate" (April 2021), "The Legend of Belle Starr" (Summer 2021), and "Meltdown" (Fall 2021). The company is also considering establishing a film production facility to cut costs and build equity. The current project, "Wildfire", has been profitable before its completion, benefiting from state incentives. CEO Eric Parkinson emphasizes leveraging distribution insights to ensure commercial viability for all productions.

Hannover House (OTCPINK:HHSE) is restructuring amidst COVID-19 challenges to enhance its MyFlix streaming platform and film release schedule. Delays in MyFlix's launch, originally set for August 25, are due to rights clearance issues, although the company aims for a late September launch with 2,500 cleared titles. Hannover House is also gearing up for eight new film releases in 2021, addressing a substantial revenue drop through cost reductions. A stock offering to raise up to $8 million is planned for funding operations and expansion.