Hollywall Entertainment Inc (HWAL)

[Kool Aid Man]

Toxic diluter Blackbridge Capital still not resolved--court hearings set.

On 3/1/16 at 9:00am the court published defendant Blackbridge Capital LLC's motion for dismissal of Hollywall's lawsuit:.

NOTICE OF HEARING
(Special Set Hearing 1.5

PLEASE TAKE NOTICE of the following hearing:
DATE: Tuesday, May 30, 2017
TIME: 9:30 a.m.
MATTER: Defendant’s Motion to Dismiss for Lack of Jurisdiction

PLACE: Courtroom 504
800 E. Twiggs St.
Tampa, FL 33602

JUDGE: The Honorable Steven Scott Stephens

Then at 3:36pm the same day the court announced a different motion by Hollywall:

NOTICE OF HEARING (UMC)

PLEASE TAKE NOTICE of the following hearing:
DATE: Tuesday, March 28, 2017
TIME: 3:00 p.m.
MATTER: Case Management Conference

CERTIFICATE OF CONFERENCE
_____X_____ Counsel has conferred with all parties who may be affected by the relief sought in the motion in a good faith effort to resolve or narrow the issues raised.

In short... Blackbridge wants the case thrown out because the state it was filed in (Florida) has no jurisdiction to even hear the case.

Then, 6 hours later, Hollywall filed what seems to be an offer to try and settle this matter BEFORE THE END OF Q1. IMO it would look really bad to have to admit to investors that this case remains unresolved. MOREOVER...

With the A/S maxed out... and with Blackbridge still holding debt which it has forcibly compelled HWAL convert at .0001... it is possible HWAL would be legally compelled to print more shares (though it might take another suit to force them)!! I've seen this before. A tiny amount of debt can be converted into tens of millions of shares as HWAL found out last year.

This request by HWAL to "narrow the issues raised" may also have to do with the fact that their former T/A ClearTrust LLC was named as co-defendant in the lawsuit (the same ClearTrust who supposedly still "verifies" the HWAL SS on OTC). It will be interesting to see if ClearTrust was fired or if they refused to serve a company that was/is suing them.

Again, Imo the A/S is maxed out and every share is outstanding. That's probably why HWAL's new T/A --Action Stock Transfer-- hasn't been able to convert more shares for Blackbridge because none are available. Blackbridge has stated they want HWAL's case against them dismissed in Florida. However, if any suit against them is to be heard they want it to be in New York. If Blackbridge still wants the balance of the debt owed them paid in HWAL shares valued at .0001 then they may have to sue.