-
US senator and Trump ally Lindsey Graham dies aged 71
-
Evacuees allowed to return home after deadly wildfire in Spain stabilises
-
US-Iran strikes: latest developments
-
Senegal part ways with coach Thiaw after World Cup exit
-
South Korea issues first emergency heatwave warning under new rating system
-
McGregor 'destroyed' in 69 seconds on UFC return from five-year layoff
-
US senator and Trump ally Lindsey Graham dies age 71
-
Hundreds return home as deadly Spain wildfire nears control
-
England, Argentina to renew bitter rivalry in World Cup semi-final
-
Argentina's Scaloni says England World Cup semi 'just a football game'
-
In Sicily, drones at work to predict volcanic eruptions
-
Argentina know how to suffer, says Alvarez after Swiss World Cup test
-
McGregor loses in 69 seconds on UFC return from five-year layoff
-
Iran strikes Gulf neighbours after new US attacks
-
Car crisis takes toll on Germany's young engineers
-
England, Argentina set up World Cup showdown after quarter-final wins
-
Argentina sink 10-man Swiss to set up blockbuster England World Cup semi-final
-
Political violence shadows Bangladesh's new government
-
West Afghanistan female dress-code crackdown hits businesses
-
'We put Norway on the map', says Haaland after World Cup exit
-
Bhutan battles 'existential' population crisis with birth drive
-
Tuchel says 'lucky' England must improve despite reaching World Cup semi-finals
-
Norway coach says ball hit camera cable for crucial England goal
-
'Never in doubt': England fans dare to dream after quarter-final scare
-
Growing list of countries move to ban social media for children
-
Till death do us bark: Pets serve as witnesses at Ecuador weddings
-
Schmidt aims to leave Wallabies 'in good order' for incoming Kiss
-
Typhoon makes landfall in China, downgraded to severe tropical storm
-
Rennie says All Blacks must improve with 'smart' Ireland awaiting
-
US launches new strikes on Iran after container ship hit in Hormuz
-
Eddie Jones says 'pretty obvious' Japan on right track
-
Farrell's Ireland look to future after Japan experiment pays off
-
Bellingham double as 'lucky' England beat Norway to reach World Cup semi-finals
-
Bellingham heroics edge England past Norway and into World Cup semis
-
NFL Seahawks sold to India-born billionaire Khosla's group
-
Noskova's glimpse of Wimbledon trophy inspired title glory
-
Argentina beat porous Wales in Nations Championship
-
Morant looks forward to fresh start in Portland
-
New heat wave blasts US, could break records
-
Stones, Madueke start England World Cup quarter-final against Norway
-
Scotland third best team in world, says Erasmus after Boks win
-
Italy icon Maldini gets key role with Italian FA
-
Former skipper Knight to retire from England women's duty after Lord's Test
-
England, Norway battle heat as Argentina face Swiss in World Cup last eight
-
England boss Borthwick coy over starting Pollock after Fiji hat-trick
-
Paris landmarks shutter early as France bakes in latest heatwave
-
Myanmar film wins top prize at Czech festival
-
Noskova cries tears of joy after emotional Wimbledon final
-
Ton-up Buttler takes new No 1 England to T20 series sweep of India
-
Kriel seals thrilling win for South Africa over brave Scotland
HWAL, Inc., Releases Projected Second Quarter Consolidated Financials Including Assets Value
LAS VEGAS, NV / ACCESS Newswire / May 27, 2026 / HWAL Inc., formerly Hollywall Entertainment, Inc (OTCID:HWAL) (the "Company") announces consolidated financial statements for its second quarter, including wholly owned subsidiary Melody Trust, LLC ("Melody Trust"), with combined assets valued at $480,000,000, or approximately $3.24 per share of common stock.
The Company's independent accounting firm valued the Company's music catalog (the "Catalog") and intellectual property assets, along with the various business operations and partnerships undertaken by Melody Trust, at an estimated fair value of $480,000,000 as of the date of the financial statements.
The valuation analysis considered multiple factors commonly utilized within the music and entertainment intellectual property industry, including but not limited to:
historical and projected revenue generation potential;
estimated future royalty streams;
licensing monetization opportunities;
streaming and digital exploitation potential;
market comparables involving music catalog transactions;
intellectual property rights ownership structure;
anticipated commercial utilization;
industry transaction multiples;
projected long-term cash flow generation; and
strategic market value attributable to the Catalog and related intellectual property rights.
The Company is currently negotiating the engagement of a third-party corporate enterprise and music catalog asset valuation firm, in addition to corporate stock analysts, to produce independent review reports, for use by the Company's recently engaged GAAP auditors.
The Company intends to announce expected revenues from the efforts of its management team and Melody Trust in the near future.
About Melody Trust, LLC
The Company has entrusted Melody Trust with the bulk of its monetization efforts for the Catalog. The Catalog is one of the largest independently owned music libraries in the world and comprises a prestigious collection of over 27,000 music recordings, showcasing among others the remarkable talents of numerous internationally acclaimed award-winning music legends.
For decades the Company has collected and preserved some of the most rare and coveted published and unpublished recordings, photos and videos, and iconic performances by esteemed legendary music recording artists such as James Brown, Jackson Five and Johnny, Jimi Hendrix, The Who, Dolly Parton, Ray Charles, Elvis Presley, Marvin Gaye, Willie Nelson, Ike and Tina Turner, Tony Bennett, Eric Clapton and the Yardbirds, Johnny Winter, Chuck Berry, Aretha Franklin, Etta James, Rod Stewart, George Jones, Count Basie, and hundreds of other music legends.
Melody Trust was formed in part to protect and safeguard the royalty interests held by the music performers and music composers that produced these legendary music tracks throughout the past century. www.melodytrust.com
HWAL Inc. (OTCID:HWAL), is a multimedia holding company driving innovation in entertainment, space archiving, AI, tokenization of Real World Assets, and digital media assets. Through its subsidiary Melody Trust, the Company curates iconic cultural legacies, including partnering with Space Blue on the Lunaprise Moon Museum.
Safe Harbor Forward-Looking Statements:
This press release and the statements of representatives of Hollywall Entertainment, Inc. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, the Company's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
Corporate Communications:
HWAL, Inc.
[email protected]
HWAL: https://hwal.net
Twitter: https://twitter.com/theHollywall
SOURCE: Hollywall Entertainment, Inc.
View the original press release on ACCESS Newswire
A.Malone--AMWN