Wednesday, May 23, 2018 10:46:22 AM
I’ve read several posts making claim that the Hollywall music library has no value. This is just not true!
Hollywall has a Valuation from year 2014 that shows their music catalog valuation is well over $70 million
I would think the company is in the process at this time of having their assets and company newly valuated as they are in the process of completing their audits.
A copy of the 2014 valuation can be found at
https://www.otcmarkets.com/financialReportViewer?symbol=HWAL&id=128100
The Valuation firm states
Hollywall Music library was appraised by Entertainment Financially , Inc. on September 15, 2014 based on total forecasted net revenue (before taxes) of $90,855,182 during the 2014 to 2023 measurement period. The appraisal amount is based on a gross valuation of $78,811,503 net of tax effect of $31,524,601 for a net after tax valuation of $47,286,902. The company believes its music assets are undervalued. A new Valuation of Hollywall Music Library, based upon recent licensing agreements, is under way
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