Hollywall Entertainment Inc (HWAL)

[lsprw]

Good grief man, do your due diligence.

Those values are bogus. They have been for years. RG even admitted as much in a previous listing. AT BEST that library is worth around $1.2 mil but even that is THEIR estimate.

Most music libraries are valued based on a multiple of revenues generated, usually around 10X. There have never been any revenues reported by them on their income statements. Not once.

READ the appraisal. It's online. The entire value is based on current management's pie in the sky assumptions that have been proven false.

You are being played.