Three Small Cap Tech or Media Stocks That Want Your Attention: THNS, BZIC & HHSE

Small cap tech or media stocks Thinspace Technology Inc (OTCMKTS: THNS), Beamz Interactive Inc (OTCBB: BZIC) and Hannover House Inc (OTCMKTS: HHSE) have been getting some extra attention lately, but it appears that only one of these stocks has been the subject of a paid promotion. Nevertheless, all three stocks have been busy with press releases trying to get the attention of investors or traders. So are these three small cap tech or media stocks worth your attention? Here is a closer look along with a reality check:

Thinspace Technology Inc (OTCMKTS: THNS) Was Recently Busy With Press Releases

Small cap Thinspace Technology Inc is a global provider of reliable, scalable and affordable application delivery, virtualization and cloud client technology to public and private sector companies and organizations of all sizes. On Monday, Thinspace Technology Inc rose 2.80% to $0.330 for a market cap of $30.24 million plus THNS is down 82.6% over the past year and down 89.8% over the past five years according to Google Finance.

What's the Catch With Thinspace Technology Inc? According to various disclosures, a transaction or transactions of $20k has or will occur to mention Thinspace Technology Inc in various investment newsletters. A week ago, Thinspace Technology Inc announced that Legacy Traditional School District (LTSD), currently comprised of 8 different campuses throughout the state of Arizona, will continue to utilize and deploy the company's Pano VDI solutions in new schools joining their district this summer. However, it was the end of March when Thinspace Technology Inc was really busy issuing the following press releases:

Hospice of Cleveland County Extends Long Term Relationship with Thinspace Technology (OTCBB: THNS) Pano G2 Zero Client DevicesPR Newswire (Mon, Mar 31) Peruvian Managed IT Provider Extends Long-Term Partnership with Thinspace Technology (OTCBB: THNS)PR Newswire (Fri, Mar 28) Thinspace Technology (OTCBB: THNS) Continues Long-Standing Relationship with India's Largest Logistics CompanyPR Newswire (Thu, Mar 27) Thinspace Technology (OTCBB: THNS) Announces Its Newly Formed Expert Technical Advisory BoardPR Newswire (Wed, Mar 26) Deutsche Bank Extends Multi-Year Customer Relationship with Thinspace's (OTCBB: THNS) Propalms TSE and OneGate Products PR Newswire(Mon, Mar 24)

A quick look at Thinspace Technology Inc's financials reveals no revenues; a net loss of $1,804k (most recent reported quarter), net income of $6,356k and net losses of $2,626k and $2,176k for the past four reported quarters; and $27k in cash to cover $11,363k in current liabilities at the end of last September. So maybe investors should wait for more financials to show that all the news in those press releases are paying off.

Beamz Interactive Inc (OTCBB: BZIC) Has Also Been Busy Issuing Press Releases

Small cap Beamz Interactive Inc has created state-of-the-art interactive laser controller technology that can be used to develop new market opportunities in a wide variety of music, education, healthcare, gaming and consumer applications. On Monday, Beamz Interactive Inc closed at $0.144 for a market cap of $3.69 million plus BZIC is down 63.9% over the past year and down 85.6% since January 2013 according to Google Finance.

What's the Catch With Beamz Interactive Inc? According to various disclosures, no transactions have occurred to mention Beamz Interactive Inc in various investment newsletters. Last Thursday, Beamz Interactive Inc announced the further expansion of its consumer distribution channels in the Middle East after reaching an agreement with Infinity International FZC. Under the agreement, Infinity will market and distribute the Beamz by Flo consumer model, which allows people of all ages to experience the "fun and excitement" of creating interactive music by simply moving their hands through laser beams, in the Middle East and African markets. Last Tuesday, Beamz Interactive Inc announced its participation at The Gadget Show Live 2014, one of the largest technology events in the UK that was taking place in London at the NEC Birmingham (Booth Q40) from April 9-14; while earlier in the month, the company announced that it will exhibit at the American Occupational Therapy Association (AOTA) 94th Annual Conference & Expo, which was scheduled to be held at the Baltimore Convention Center April 3-6. Otherwise, it should be noted that Beamz Interactive Inc has been a regular issuer of press releases (averaging two per week) since early this year. A quick look at Beamz Interactive Inc's financials reveals revenues of $169k (most recent reported quarter), $10k, $35k and $50k for the past four reported quarters along with net losses of $1,672k (most recent reported quarter), $2,104k, $2,869k and $819k. At the end of December, Beamz Interactive Inc had $113k in cash to cover $4,986k in current liabilities.

Hannover House Inc (OTCMKTS: HHSE) Recently Issued an Earnings Release

Small cap Hannover House Inc is a full service media company, specializing in the production and distribution of feature films for theatres, home video and the Video-On-Demand formats for the North American retail marketplace. On Monday, Hannover House Inc fell 0.61% to $0.0162 for a market cap of $9.24 million plus HHSE is up 54.3% over the past year and up 3,950% over the past five years according to Google Finance.

What's the Catch With Hannover House Inc? According to various disclosures, no transactions have occurred to mention Hannover House Inc in various investment newsletters. Last Friday, Hannover House Inc announced the completion of production on the feature film thriller, "Valley of the Witch" and unveiled its North American release plans for September. Then at the beginning of April, Hannover House Inc reported that gross revenues for 2013 had increased by approximately 31.9% over revenues generated during the previous year with the increase attributed to increases in international licensing activities (which were launched during 2013) and which offset a temporary decline in packaged goods sales resulting from a change in the company's wholesale distribution network of DVDs and Blu-Ray products. Gross revenues for the year were $3,132,061 verses revenues 2012 revenues of $2,373,065 while pre-tax profits for the year were $1,154,556. However, there are no financials for Hannover House Inc posted on Google Finance while the latest financials posted on Yahoo! Finance date from 2002 – meaning its investor beware.