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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Hannover House Inc (PK) | USOTC:HHSE | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0004 | 6.25% | 0.0068 | 0.0054 | 0.007 | 0.0068 | 0.006 | 0.006 | 47,000 | 21:00:35 |
"We were surprised and disappointed to learn today of allegations against Mr. Perez," said Fred Shefte, President of Hannover House and Target Development Group, Inc. "We have known and worked with Tony for over six years, and have never had any problems with any transactions or rights issues. In the film and video distribution business, claims against distributors are commonplace as producers often feel that their properties did not perform as well as hoped, and they blame the distributor. However, some of the allegations that came to light today go further, and imply malfeasance in reporting. While Mr. Perez vehemently denies these charges as baseless, Hannover is disappointed that we were not informed in advance, regardless of the merits of the claims," Shefte concluded.
Hannover House is currently investigating various opportunities to acquire more titles and additional film libraries to build the label's presence and revenues. The company currently owns or controls over 175 properties, and is pursuing a variety of acquisition ventures that cumulatively represent more than 600 additional titles. Hannover House sees a major opportunity to generate significant revenues from older catalog titles via recently opened Video On Demand sources, in addition to the company's primary income streams from new release theatrical and home video properties.
For more information on Hannover House contact: SUSANNAH PATTON or ERIC PARKINSON Hannover House 479-751-4500 818-481-5277 Susannah@HannoverHouse.com HannoverHouse@aol.com
1 Year Hannover House (PK) Chart |
1 Month Hannover House (PK) Chart |
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