Consolidated Balance Sheets - USD ($)	Jun. 30, 2020		Mar. 31, 2020
CURRENT ASSETS
Cash & Cash Equivalents	$ 1,028		$ 4,849
Accounts Receivable, Net	336,903	[1]	324,652
Prepaid Wages
Merchandise Inventory	100,704		100,704
Prepaid Advertising	765,000		765,000
Prepaid Producer Royalties	2,454,674		2,454,674
Producer Marketing Recoupment	3,016,762		3,016,762
Film Distribution Rights	1,996,379		1,996,379
Film Production Investments	469,389		469,389
Notes Receivable and Net Recoupment	41,641	[2]	41,641
TOTAL CURRENT ASSETS	9,182,480		9,174,050
PROPERTY & EQUIPMENT
Less Accumulated Depreciation
TOTAL PROPERTY & EQUIPMENT	117,561		117,561
OTHER ASSETS
TOTAL OTHER ASSETS	27,413,517		27,413,517
TOTAL ASSETS	36,713,558		36,705,128
CURRENT LIABILITIES
Accounts payable	19,365		9,115
Accrued Royalties	94,065		94,065
Acquisition Advances Due	285,399		285,399
Accrued Wages	122,182		122,182
Payroll Taxes Payable
Deferred Income Tax Payable
NB Cal AFIL P&A Loan
TOTAL CURRENT LIABILITIES	1,264,773		1,254,523
LONG-TERM LIABILITIES
Long-Term Payables	1,033,382		1,033,382
Executive Salary Deferrals	766,415		766,415
Lewin Foreign Judgment	1,629,442	[3]	1,629,442
Contingent Legal Liabilities	727,022	[4]	727,022
Officer Notes Payable	115,670		115,670
TOTAL LONG-TERM LIABILITIES	4,271,931		4,271,931
TOTAL OF ALL LIABILITIES	5,536,704		5,526,454
SHAREHOLDER'S EQUITY
Common Stock	27,212,387		27,272,077
Retained Earnings	3,964,467		3,906,597
TOTAL SHAREHOLDER'S EQUITY	31,176,854		31,178,674
LIABILITIES & SHAREHOLDER'S EQUITY	36,713,558		36,705,128
Hounddog P&A Note (EFG) [Member]
CURRENT LIABILITIES
Notes payable
Interest
Shuttlewood Investments Note [Member]
CURRENT LIABILITIES
Notes payable		[5]
Interest
Graham Financial Services Note [Member]
CURRENT LIABILITIES
Notes payable	98,825		98,825
Interest	2,051		2,051
Short Term Notes (Various) [Member]
CURRENT LIABILITIES
Notes payable	576,685		576,685
Interest	51,201		51,201
Bank of Fayetteville Note [Member]
CURRENT LIABILITIES
Notes payable	15,000		15,000
Interest
FILM & TV LIBRARY (incl. VODWIZ) [Member]
OTHER ASSETS
TOTAL OTHER ASSETS	27,413,517		27,413,517
Office Furnishings, Equip. & Film Gear [Member]
PROPERTY & EQUIPMENT
Less Accumulated Depreciation	(37,164)		(37,164)
TOTAL PROPERTY & EQUIPMENT	154,725		154,725
Vehicles [Member]
PROPERTY & EQUIPMENT
Less Accumulated Depreciation
TOTAL PROPERTY & EQUIPMENT
Real Property [Member]
PROPERTY & EQUIPMENT
TOTAL PROPERTY & EQUIPMENT

[1] Accounts Receivable has been adjusted to include mark-downs for DVD price reductions, as well as other reconciliation activities relating to the application of credits for returns and other payment credits.

[2] Notes Receivable includes a loan made by the company to Snowy Morning, Inc. in the amount of $41,641 to assist with production costs for the film "WILDFIRE," which loan is to be considered as a fully-recoupable advance against Snowy Morning's share of theatrical revenues in the film. Company holds a lien against other revenue sources, in the event that the producer's share of net theatrical revenues from "WILDFIRE" is not sufficient to fully repay the loan.

[3] Company has engaged counsel to move to set-aside this foreign judgment and locally filed writ, on the basis of fraud, personal jurisdiction and subject matter jurisdiction. The absence of an agreement between Company and Lewin, as well as the additional prohibition on HHSE officers from issuing "personal guarantees" as represented by Plaintiff Lewin, will support the motion for dismissal. These legal responses from Hannover House are temporarily on hold until the local courthouse reopens from COVID-19 closures.

[4] Upon advice of counsel, Company is also reserving an additional amount of $$727,722 regarding three foreign cases, as the potential liability that could occur should the Company not prevail in actions for dismissal or adjudication in Arkansas.

[5] Company is line-item listing the $0 balance due under the Mutual dissolution agreement (to discontinue distribution of the film "Daisy Winters"); however, Company has added in a line-item for "Contingent Legal Liabilities" (see footnote 9), in the event that Company's upcoming court proceedings in Arkansas in this dispute do not result in a favorable outcome consistent with the Mutual dissolution agreement.