Consolidated Balance Sheets - USD ($)		Sep. 30, 2020	Jun. 30, 2020
CURRENT ASSETS
Cash & Cash Equivalents		$ 403	$ 1,028
Accounts Receivable, Net	[1]	397,403	336,903
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	[2]	41,641	41,641
TOTAL CURRENT ASSETS		9,242,355	9,182,480
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		36,773,433	36,713,558
CURRENT LIABILITIES
Accounts payable		19,365	19,365
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		1,294,039	1,266,824
LONG-TERM LIABILITIES
Long-Term Payables		1,024,382	1,027,382
Executive Salary Deferrals		766,415	766,415
Lewin Foreign Judgment	[3]	1,629,442	1,629,442
Contingent Legal Liabilities	[4]	727,022	727,022
Officer Notes Payable		115,670	115,670
TOTAL LONG-TERM LIABILITIES		4,262,931	4,265,931
TOTAL OF ALL LIABILITIES		5,556,970	5,532,755
SHAREHOLDER'S EQUITY
Common Stock		27,115,128	27,272,077
Retained Earnings		4,101,335	3,908,726	[5]
TOTAL SHAREHOLDER'S EQUITY		31,216,463	31,180,803
LIABILITIES & SHAREHOLDER'S EQUITY		36,773,433	36,713,558
Hounddog P&A Note (EFG) [Member]
CURRENT LIABILITIES
Notes payable
Interest
Shuttlewood Investments Note [Member]
CURRENT LIABILITIES
Notes payable	[6]
Interest
Graham Financial Services Note [Member]
CURRENT LIABILITIES
Notes payable		98,825	98,825
Interest		6,603	4,102
All Other Notes Payable [Member]
CURRENT LIABILITIES
Notes payable		590,684	576,685
Interest		61,916	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
Less Accumulated Depreciation
TOTAL PROPERTY & EQUIPMENT

[1] Accounts Receivable has been adjusted to include newly invoiced on-boarding & metadata services performed for MyFlix program suppliers.

[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] Q2 Retained Earnings reduced Sept. 2020, due to payables corrections

[6] The company's Film & Video Library has not had a current review in almost ten years; during that timeframe, the retail DVD business has dramatically decreased, whereas "digital streaming" of entertainment products has markedly increased. It has been HHSE management's position that the loss of forecasted DVD sales has been equally offset (in "net income") from the value of the digital streaming increases and the lowered cost to achieve net income with digital streaming. During October and November of 2020, Company is embarking on its first effort to secure Domestic (North American) Television licenses for key titles in the Hannover House library - including high profile films such as "Twelve", "Bonobos" and "Toys in the Attic." The pursuit of these television sales is in support of the company's endeavor - planned for January 2021 - to have a new and complete Film and Television Library Valuation Report - which analyzes and forecasts likely and obtainable revenues from approx. 475 titles represented by Hannover House / Medallion - including updated values for DVD and BluRay, Digital Streaming, International Licensing and Domestic Television.