Just noticed HWAL sold the music catalog to Melody Trust which includes Marvin Baker of LIGA as one of it owners. You think they sold it for the appraised value of near $150 million? Or it actually about 1% of that amount, like $1.5 million? They will never tell you.
I see they plan to distribute shareholders a stock dividend of Preferred B shares. Good luck with ever collecting on that or at least being able to sell it.
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