IF the music library is an "asset" worth $68 million (legitimately) then management could present it to a commercial bank as collateral for a giant loan. They haven't because they can't. And they can't because their alleged valuation represents nothing but their claims of >>potential<< revenues.
Consequently HWAL has to resort to the stock market equivalent of taking out "Payday/ Cash Advance/ Title loans" like Blackbridge whereby they agree to swap tons of deeply discounted shares in exchange for a relative pittance in cash. These debt conversion deals result in millions of shares being issued and dumped into the market at the expense of retail investors.
The sad fact is HWAL has virtually no assets other than it's share printing and selling shell.
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