Hollywall Entertainment Inc (HWAL)

[Kool Aid Man]

Blackbridge still claims Florida has no jurisdiction...

See my earlier post-->
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129654083

Blackbridge filed a motion to dismiss on 3/1/17 at 9am. A hearing date has been scheduled for Tuesday, May 30, 2017.

Then at 3:36pm the same day the court announced a different motion by Hollywall to try and "narrow the issues" in the case. That hearing was scheduled for 3pm yesterday.

IMO Blackbridge has a strong case for having the whole thing thrown out for lack of jurisdiction. HWAL has never complied with the court order on that issue. If so, IMO this split seems an attempt by HWAL to drive down the PPS to minimize any damage by future conversions by Blackbridge. Therefore, if the T/A receives a demand from Blackbridge for shares pegged at .0001 -and if the PPS has been driven down to .0001 thanks to this split- then the damage could be mitigated. This could also impact the other two convertible notes coming due mid-April.