Replies to post #8380 on Hollywall Entertainment Inc (HWAL)

[Kool Aid Man]

So the number of shares authorized/outstanding is irrelevant?

" Technical analysis holds that prices already reflect all the underlying fundamental factors."-- Alexander Elder https://en.wikipedia.org/wiki/Alexander_Elder

OK if you say so. Seems to me the number of shares issued and outstanding are rather fundamental.

If HWAL's ludicrous claim of having $67,374,786 in assets were divided by the entire 300 million A/S the PPS should be $0.225 Or if you base it on the reported O/S of 142,768,564 the PPS should be $0.47

Yet this POS sits at $0.0014.

So obviously (a)no one believes management's claim regarding the valuation of their key "music library" asset and (b) reliance on technical analysis of HWAL's chart has failed miserably.