VANCOUVER, BC / ACCESSWIRE / September 16, 2015 / HotStoqx.com, a Vancouver-based investor awareness firm involved in the analysis of publicly-traded companies, has renewed their strong “BUY” recommendation for media distributor Hannover House, Inc. (OTC: HHSE). HotStoqx notes that rapidly growing revenues for Hannover House, from theatrical and home video, indicates that the current share price could be undervalued by a factor of more the ten-times. The Hotstoqx recommendation also notes that HHSE revenue growth, as reported in recent S.E.C. filings, exclude international sales, production fees and the new Video-On-Demand portal, VODWIZ.
“The fourth quarter for HHSE should be the biggest in their history,” said Jason Monroe, managing partner for Hotstoqx. “If HHSE achieves 50% of their sales goal, their stock price, based on P/E averages for their media sector, should be ten to twelve times higher by the end of this year. If they hit their current 2015 sales goal, the PPS could be fifteen-to-twenty times higher. As of today, we feel the stock is at least six times undervalued, which is why we’re recommending an immediate strong buy and hold,” he concluded.
Principal driving factors for the growth in revenues for HHSE is the company’s 2015 expansion of theatrical release activities. HHSE’s theatrically released titles enjoy significantly greater placement success and sales for both home video and streaming platforms. The company has released four films to theaters this year, with three more titles set for October and November, including the company’s biggest release to date, the youth-appeal “Dancin’ It’s On.” Earlier theatrical releases, “The Algerian,” “Bonobos: Back to the Wild,” “Dark Awakening” and “The Weather Station” have received significant home video orders for shipment this year. Additionally, two of the titles have been accepted for the Netflix Subscription Video-On-Demand platform, and one has been sold to first run cable. Hannover House does not believe that these substantial ancillary sales would have occurred if these titles were not first released to theatres. In addition to the October 16 release of “Dancin’ It’s On,” HHSE will release the Spanish-language thriller, “Borrar de la Memoria” and the sci-fi-horror “Encounter” to theatres in November.
The addition of five outside studio suppliers under the Medallion Releasing sales venture has been another major factor in the growth of revenues and bottom line profits for HHSE during 2015. This multi-label sales consortium has improved the credibility and market share strength for all participating suppliers, and resulted in a significant increase in product placements with Walmart, Best Buy, Target and other key USA retail accounts.
Hannover House, Inc. has been operating in the publishing and entertainment sectors since 1993, and has grown into a recognized brand name in the releasing of independent films to theatres, DVD, video-on-demand and television. The company posted a Form 8k Information Statement to the S.E.C. on Tuesday, September 15, which included details of current sales, and forecasted bottom-line results from these activities.
Hotstoqx produced and released its initial Research Report in April on Hannover House, which may be obtained by sending an email to: info@hotstoqx.com. The previously published report is also available on the OTC Markets site at: http://www.otcmarkets.com/financialReportViewer?symbol=HHSE&id=136557.
SAFE HARBOR STATEMENT
Under The Private Securities Litigation Reform Act of 1995: The statements in the Press Announcement Report as prepared and submitted by Hotstoqx (Vancouver, B.C.) that relate to the forecasts and expectations of Hannover House, Inc., and with regard to the future impact on the results from new products in release and in development for Hannover House, Inc., Medallion Releasing, Inc. and VODWIZ, Inc. are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company’s actual results may differ materially from expected results. Prices in OTC Market stocks are often affected by influences unrelated to and often in opposition to the actual results and value of companies such as Hannover House, Inc.; Hotstoqx makes no representation, warranty or guarantee that the anticipated results and forecasts will occur and that the stock values for Hannover House, Inc. will reach the levels that Hotstoqx feels are realistic and obtainable based on the company’s current, actual and anticipated results.
FOR MORE INFORMATION CONTACT:
Tammy Baines
email: hotstoqx2@outlook.com
www.Hotstoqx.com
SOURCE: Hotstoqx
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