NASHVILLE, TN–(July 27, 2015) – Hollywall Entertainment, Inc., (OTC: HWAL ) is a multifaceted media and entertainment company focused on maximizing its rights to its music, film, television, home video and software game libraries. The company continues to develop a digital distribution and verification system designed to maximize customer delivery, quality control, and revenues for artists, writers, content developers, copyright owners and shareholders.
While Hollywall Entertainment was working with their auditors to become fully reporting, the company was informed that several groups had received shares without consideration and realized ill-gotten gains.
Based on this information, Hollywall Entertainment has made certain changes in the company and is positioning and preparing the company for its current corporate growth. The company has enacted the following changes:
1. The company removed Kagel Law Firm as their securities counsel and replaced them with Kogan Law firm.
2. The company placed a stop order on certain shares which were not paid for and is filing litigation against those shareholders for final cancellation.
3. The company changed their ticker symbol from ALZH to HWAL. The company’s ticker will trade under HWALD until the end of August 2015.
4. The company restructured their capital stock by reversing their issued and outstanding common capital stock by a ratio of one for 77. This event is scheduled to be effective in the market on July 27, 2015.
5. The company has acquired a new Cusip number and the new Cusip symbol is scheduled to be in effect as of the date of July 27, 2015. The new Cusip Number 436122204
6. Roxanna Green has been appointed President of Hollywall Digital Media division.
7. Hollywall has launched their new media networks: hollywallmusic.com, hollywall.tv, and hwradio.com
Hollywall Music- www.hollywallmusic.comHollywall Music is developing a digital distribution and verification system, “Hollywall DNA-Net”, designed to maximize customer delivery, quality control, and revenues for artists, writers, content developers, authors, music performers, producers, publishers, composers, TV and video producers, copyright owners production supervisors, (“Artists”). The Hollywall DNA-NET is an online licensing platform for a traditional and fragmented offline approach, (“ePublisher”). The Hollywall DNA-Net is an electronic, real time licensing process, making simple the current time consuming process and simplifying at every point. The Hollywall DNA-Net takes the analog 40+ step process, which can take weeks to months, and collapsed it into hours/days while maintaining 100% copyright integrity and complete transparency.
The, Hollywall DNA-Net is a next generation licensing accelerator platform focused on copyright integrity, user transparency, and innovative features serving rights holders, writers, music supervisors, authors and publishers to interact and transact business in fastest growing segment of today’s music industry.
The Hollywall DNA-Net functions as a repository for artists’ works as well as an Electronic Digital Record Label, (“eLabel”) through which they can market their work to interested parties either by shopping their works directly to consumer site members who have opted to accept such solicitations or by making their catalog of offerings available for potential licensees to browse.
Hollywall TV- www.hollywall.tvAt Hollywall TV you can watch countless videos and television episodes for free.
HW Radio- www.hwradio.comAt HWRadio.com you can listen to your favorite Artists Song’s and “Extensive Collections of Music” in a multitude of Genres, across decades of legendary performances, from the “HOLLYWALL Legacy Library of Music”. Additionally you can research potential licensable music and content.
Mr. Sutton, President/CEO, states, “We are very excited about the growth of Hollywall and the Hollywall Entertainment management team. After many years of developing, producing and acquiring some of the world’s finest entertainment properties — we are honored to present HollyWall Entertainment companies to the marketplace. We are thrilled to join forces and work with some of the most brilliant and talented Hollywood and Wall Street executives, who have a combined shared experience of over 150 years of industry-recognized excellence. Hollywall Entertainment intends to continue to represent the best of family entertainment and media companies, with a great faith, creativity and integrity as a creative force to its consumers and a valued partner to its shareholders.”
Mr. Sutton, together with a team of music, film, video, software, and sports entertainment executives, is focusing on expansion of the company through the acquisition of select entertainment companies that currently produce music, television, film and interactive media entertainment and the production of new music, as well as small market television station properties.
About Hollywall Entertainment Inc.
Hollywall Entertainment, Inc., is a multifaceted media and entertainment company focused on maximizing its rights to its music, film, television, home video and software game libraries. The company continues to develop a digital distribution and verification system designed to maximize customer delivery, quality control, and revenues for artists, writers, content developers, copyright owners and shareholders. Hollywall owns exclusive and non-exclusive rights to market, manufacture and distribute over 17,500 songs from Music Recording Masters. The master recordings contains performances by such legends as Ray Charles, Ella Fitzgerald, The Jackson 5, Frank Sinatra, Dolly Parton, Elvis Presley, Tony Bennett, The Bee Gees, Chicago, Platters, George Gershwin, Marvin Gaye, James Brown, The Who, Janis Joplin, Rolling Stones, Nat King Cole, John Lee Hooker, Willie Nelson, Rod Stewart, Hall and Oates, James Taylor, Etta James, Aretha Franklin and many other multiple platinum selling acts. The music master recordings include songs that have never been released in addition to songs that have been released by other record companies which hold similar licensing rights to market the songs.
Hollywall Entertainment, Inc. operates a collection of multimedia and family entertainment content through seven divisions: Hollywall Music, Hollywall Networks, Hollywall TV, Hollywall Films, Hollywall Radio, Hollywall Productions, and Hollywall Investigative and Security.