Hollywall Entertainment Inc (HWAL)

[Inorout]

HWAL reported 13,352,602 shares outstanding in their latest Quarterly Report. Doesn’t look like many shares outstanding at first glance. However people quickly forget that nearly 1 year ago, on June 27, 2017, HWAL shares had a whopping 1 for 1400 Reverse share split.

Having 13,352,602 shares outstanding at .53/share makes HWAL appear more legit to most traders. Hypothetically speaking, had HWAL management not done the 1 for 1400 share split, HWAL would have....laugh....18,693,642,600 shares outstanding and the shares would be trading at .000378/share.

The only reason HWAL management did such a huge 1 for 1400 share split is for “appearances”. I’m sure HWAL management did this huge 1 for 1400 Reverse Split because if traders learned HWAL had nearly 19 Billion outstanding common shares, and HWAL was trading at .000378/share, everyone would know HWAL was a massive share selling dilution scam.

So many red flags with HWAL, and because of the shear number of red flags with HWAL’s accounting and management, I would rate HWAL as a very strong sell.