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Alias Born | 11/29/2010 |
Thursday, May 04, 2017 3:41:30 PM
In reality, the vast bulk of this library consists of copyrighted songs which are owned by OTHERS.. not Roxanna.. not HWAL. A license represents an EXPENSE.. not an asset. You have to pay for the license (which I've never seen proof she actually has).. and pay royalties for and music you reproduce and sell.
Here's the truth about HWAL's "VALUATION REPORT INTELLECTUAL PROPERTY" (music library) as of 12/15/2014
When reading the 68 pages closely it becomes clear HWAL's grandiose valuation is based entirely on their own projections of revenues >>IF<< they were ever to generate the sales of CD's, downloads, broadcasting, etc. they assured the evaluator would be forthcoming. See pages 37-38 where he says-->
IMO HWAL continues to misrepresent this hypothetical "valuation of potential revenues" as an "asset" on their books.
My "opinion" is as valid as your "hearsay"
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