Hollywall Entertainment Inc (HWAL)

[Kool Aid Man]

HWAL >>cannot<< pay convertible debt off with cash!!!

I don't know how to make it any clearer.

Deals with toxic lenders like Blackbridge Capital LLC are specifically structured to be paid off in DEEEEEPLY DISCOUNTED SHARES per the contracted price. That's the ONLY way.

AGAIN.. HOLLYWALL REPORTED IN THEIR LAST DISCLOSURE that the last 5 tranches they were forced to issue to Blackbridge were 7M, 8M, 8M, 10M and 10M share blocks...a total of >>43 MILLION shares<< priced at >>0.0001<< per share. AND those 43M only eliminated >>$2,100<< worth of convertible debt HWAL owed them!!!

As of last count, Blackbridge is still entitled to convert the remaining balance of $6,900 owed them. If those are also priced at .0001 as before... then that amounts to 69M shares plus even more shares to pay for the interest accrued.

IF BB gets 69M more shares and dumps them at .005 they will gross $345,000 for their $6,900 cash investment into Roxanna's failed EMAX. You can all thank her for that.

THAT'S WHY THERE'S AN EXPENSIVE COURT CASE GOING ON FOR MONTHS.

Don't believe me? Ask management why they don't just pay the $6,900 off in cash!