Hollywall Entertainment Inc (HWAL)

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https://hollywall.com/hwdcdivest/

Hollywall Entertainment Inc. (OTC PINK:HWAL), a multi-faceted developer, telecommunications, technology, media, and entertainment company, announces that the Company has completed the divestment of its minority-majority controlled infrastructure development subsidiary, Hollywall Development Company, LLC (“HWDC”), led by its Founder, President and Chief Executive Officer, Mr. Darnell Sutton.

In conjunction with the transaction Mr. Sutton has stepped away from his positions as an officer and director of Hollywall Entertainment, Inc. (Hollywall) to continue in his role as HWDC’s President and CEO, along with the many Corporate, City, State and Municipal partners in support of the growing pursuits of HWDC developing and providing broadband facilities, fiber and telecommunications networks to underserved communities around the world…with its mission of bringing an end to the ever-widening digital divide by delivering its Fiber to the People networks. Mr. Sutton will also oversee the planned launch of an exciting new Sports Media Television Network and Management Company.