fly123
2 months ago
LIGA Highlights Significant Achievements in 2024 and Presents a Forecast for the Upcoming Year
NASHVILLE, TN, March 06, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – LIG Assets, Inc. (OTC Pink: LIGA) (the "Company"), a publicly traded sustainability-oriented holding company with a focus on sustainable housing, media, and logistic markets, is excited to provide investors with a recap of the Company's achievements in January & February, as well as a forecast for 2024.
Strategic Partnerships: Bullion Consortium, Inc, a joint venture, was formed to be a capital advisory and investment portfolio company to invest in public and private companies in industry sectors: construction, sustainable housing, renewable energy, media and logistic companies that prevents diluting the ownership interests of our shareholders. Currently, Bullion is in the final stages of financing of a company that is generating over $100 million gross revenue per year. https://bullioninc.net
Joint Ventures: The collaboration between the Company and Hollywall Entertainment led to the launch of Ailiance, which can be found at https://ailiance.net. This Joint Venture was established with the goal of creating new revenue streams from their music assets. Ailiance was formed due to the numerous deals being pursued for the Melody Trust catalog, including the highly successful moon launch. This has been featured all over the news in the month of February.
For further information, you can refer to an article from Billboard Magazine, last week, that discusses the moon landing and significance of the Melody Trust music catalog.
https://www.billboard.com/music/rock/moon-landing-2024-music-lunar-capsule-1235615080/
Marketing Partnership: LIGA and Alliance have collaborated with Ace Media, headquartered in New York. The first partnership is with Ace Media and Melody Trust have established Ace Melody to concentrate on different catalogs, such as iconic and historical photograph collections like the Summer of Love. Our current efforts involve monetizing a selection from their catalog for Black Music Month, celebrated in June.
Focus on NFT's: Since the launch to the moon in February, The Company maintained its emphasis on Lunar Records NFT-based merchandise prospects, specifically aiming at the music and photography art sectors. With a dedication to delivering inventive monetization solutions for artists in various genres in 2024, the Company strives to utilize NFT opportunities to enrich customer experiences and boost sales through its unique non-traditional revenue streams, setting it apart from other companies in the music industry. https://lunarrecords.com/
fly123
4 months ago
Hollywall Entertainment, Inc. (OTC Pink: HWAL), is an emerging public company at the forefront of development, and acquiring telecommunications, technology, media, and entertainment content that operates through a diverse range of subsidiaries and divisions and which operates within innovation technologies such as AI, blockchain, NFT, streaming media, 5G, IOT and renewable energy. Hollywall owns exclusive and nonexclusive rights to market, manufacture and distribute music master recordings performed by legends such as Ray Charles, Ella Fitzgerald, The Jackson 5, Frank Sinatra, Dolly Parton, Elvis Presley, The Bee Gees, Chicago, and others.
Hollywall Entertainment Inc. (HWAL) Issues Shareholder Letter and Provides Corporate UpdatePress Release | 08/10/2023
WASHINGTON, DC / ACCESSWIRE / August 10, 2023 / Hollywall Entertainment Inc. (OTC Pink:HWAL) ("HWAL"), a prominent developer, telecommunications, technology, media, sports, entertainment, and broadcasting company, is pleased to issue a letter to shareholders from its President, Roxanna Green, outlining the company's recent activities and strategic advancements.
Dear Shareholders,
We are announcing a series of catalysts that will drive long-term shareholder value. Our priorities are developing new partnerships, joint ventures, and licensing agreements that will monetize our expanding entertainment network including the extensive music catalog ("the Catalog") of over 17,500 master recordings.
Latest Developments:
Share Cancellation & OS Reduction
Strategic Alliances
Music Assets Transaction
Strategic Investment
Share Cancellation & OS Reduction: This week, HWAL is successfully completing the cancellation and return of 51,082,262 common shares to the treasury, as part of its planned share reduction initiative. Upon completion of the process, the outstanding common shares will be reduced from 144,317,918 to 93,235,656 outstanding shares, enhancing the company's equity structure, and increasing shareholder value. The Company is also implementing further measures to further decrease the total number of outstanding common shares, to be announced soon.
Strategic Alliance: HWAL, in collaboration with LIG Assets, Inc. (LIGA), has established a groundbreaking Technology-driven Media and Entertainment company, "Ailiance, Inc" (https://ailiance.net). This strategic alliance is positioned to leverage the increasing demand for fresh music, television, film, and live entertainment content in the digital landscape. One of the primary strategic objectives of Ailiance is to pioneer innovative methods for monetizing HWAL's extensive music library. Shareholders of both HWAL and LIGA will receive a new stock dividend in Ailiance during the first quarter 2024. Link to PR dated 06/29/2023.
Music Assets Transaction: HWAL successfully completed a major transaction involving the sale of a portion of its entertainment and media assets, known as "the Catalog," to Melody Trust (https://melodytrust.com). With a confirmed fair value of approximately $146 million as of March 12, 2021, based on Sun Business Valuation's assessment, we have every reason to be confident in the growth potential of the Catalog. As a result, a stock dividend will be distributed to HWAL shareholders, granting them 1.3 Melody Trust Preferred B Series Shares for each HWAL common share held as of the record date, September 30, 2023. This initiative aims to create additional shareholder value and capitalize on the significant potential of music assets and NFTs. Link to PR dated 07/25/2023.
Strategic Investments: HWAL strategically invested in various ventures, including the purchase of a 12.5% ownership stake in the CBD ecommerce platform, www.cbdee.com, adding a promising potential revenue stream to the company's portfolio. Link to PR dated 05/10/2023.
Corporate Development: Over the past two years, HWAL has achieved significant milestones, including the engagement of the Company's PCAOB auditor to complete a 2 year audit, strengthening the company's financial transparency and positioning the Company for Uplisting to a listed exchange.. HWAL has also restructured as a holding company, assembled an experienced Board of Advisors, Compliance Committee, and Independent Auditing Committee, ensuring effective governance and regulatory compliance. We are currently reviewing and evaluating numerous companies for potential future acquisitions to provide increased revenue and earnings to the company.
MOU with StarGaze Entertainment, Inc: LIGA signed a Memorandum of Understanding to acquire Stargaze Entertainment Group, Inc ("STGZ"), intending to partner with Ailiance Inc. This move is aimed at expanding media assets and further positioning HWAL and its partners as key players in the entertainment industry. By identifying premier locations in the United States and Canada, with existing entertainment Real Estate assets and space for expansion, management will build the Stargaze brand into a Premier Family Entertainment Venue and Theme Attraction Company. Management is in final negotiations to acquire its first of several large multi-faceted Entertainment Real Estate properties to launch the Stargaze Live Entertainment and Studios brand. Link to PR dated 8/8/2023.
Upcoming Video Virtual Conference Call: September 14, 2023 1:30-2:00 PM EST. HWAL will present their strategic partners and Board of Advisors via Zoom and LinkedIn Live. Future Details can be found at HWAL's website, https://hollywall.com/
Goals and Final Thoughts:
In the second half of this year, HWAL has taken steps to advance swiftly in new tech industries such as AI, blockchain, NFTs and cryptocurrency, IOT, and 5G, and to present to the investor marketplace a compliantly restructured and equitably aligned public company.
While there are several significant milestones currently in progress that we are not yet ready to disclose, we are entirely optimistic about the direction of our business and the capability of our team to make our next-generation technologies an integral part of the future.
Your continued support is invaluable to us, and we eagerly anticipate sharing updates on our progress in the months ahead. Together, we will forge a path toward a prosperous future, fostering growth and value for HWAL and its esteemed stakeholders and shareholders.
Sincerely,
Roxanna Green/ President
About Hollywall Entertainment, Inc.
Hollywall Entertainment Inc. (OTC Pink:HWAL) is an emerging public company at the forefront of development, telecommunications, technology, media, music, entertainment, and broadcasting that operates through a diverse range of subsidiaries and divisions.
A key strength of Hollywall is its exclusive and nonexclusive rights to a vast catalog of music, film, television, home videos, and software game asset libraries. With iconic names such as Ray Charles, Ella Fitzgerald, The Jackson 5, Frank Sinatra, Dolly Parton, Elvis Presley, Tony Bennett, The Bee Gees, Chicago, The 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 more legendary acts, Hollywall is executing on strategies to maximize the potential of these valuable assets.
Driven by a commitment to innovation, Hollywall continues to evolve and adapt to the ever-changing landscape of the industry. The Company's strategic focus on marketing, manufacturing, and distributing music master recordings further solidifies its position as a prominent player in the market. To learn more about Hollywall Entertainment, Inc. and its diverse range of offerings, please visit their website at www.hollywall.com.
fly123
8 months ago
https://hollywall.com/melody/
Hollywall Entertainment, Inc. (“Hollywall” or “HWAL”) (OTC Pink: HWAL) announces the first dividend event. HWAL has recently transferred its Music catalog assets to Melody Trust LLC.
www.melodytrust.com
This corporate action entails Melody Trust LLC issuing 95% of its LLC unit interest to HWAL shareholders on the basis of one unit in Melody Trust will be issued for each share of common stock held by HWAL shareholders. The remaining 5% will be held by HWAL.
Based on an intangible asset valuation conducted by Sun Business Valuation, which is available for reference on HWAL’s official website and at link below, fair value of the Catalog was appraised at $146 million as of December 31, 2019 and the
Melody Trust LLC units will carry an opening value approximately of $1.30/unit.
Valuation Report Link
The report was developed from the following recent music transactions and as presented as recent music industry statistics within the Valuation report.
“The following is a list of some recent transactions of similar music assets. We reviewed each transaction with management and determined that the Universal Media Group assets that were recently destroyed in a fire represent the most similar portfolio of music assets. Management indicated that Hollywall Entertainment actually owns the master records for approximately 50% of the portfolio that was destroyed in the fire.
The Market Approach method provides us with a summary fair market value of approximately $150,000,000: See information below.
Universal Media Group 150,000,000$ Includes settlement proceeds and insurance claims
eOne Music 120,000,000$ Value is based on their asset allocation
Stevie Nicks125,000,000$ Sold 80% interest for $100M
Beach Boys125,000,000$ Sold 80% interest for $100M
Bob Dylan300,000,000$ Sold 100%
Neil Young 300,000,000$ Sold 50% interest for $150 million
Taking the recent valuation report into consideration than the Valuation of 100% of Melody Trust units would minimally carry a value $146,000,0000. With the distribution of 100%The Melody Trust units to the Hollywall shareholders and HWAL the value of each unit would be approximately $1.30 per unit
Melody Trust is developing numerous revenue stream divisions to include the following:
Music Merchandise
https://www.melodytrust.shop/
Music Licensing
https://melodytrust.soundgizmo.com/music/
Music NFTs
https://hollywall.com/nfts/
MelodyTrust NFTs Collection and Marketplace
http://ailiance.net/gallery/
The Catalog comprises a prestigious collection of over 17,500 master recordings, showcasing the remarkable talents of renowned music legends. These recordings encompass iconic performances by esteemed artists such as Ray Charles, Elvis Presley, Tony Bennett, The Bee Gees, Chicago, The Platters, George Gershwin, Marvin Gaye, James Brown, Bo Didley, Willie Nelson, Waylon Jennings, and Rod Stewart, among many others.
See Link below to listen to music FREE from the HW Radio station developed by HWAL HWRadio www.hwradio.com HWAL and Melody are confident that the master recordings within the Catalog possess substantial growth potential and are poised to appreciate significantly in value well into the future. This belief underscores their strategic positioning to capitalize on the anticipated growth and maximize long-term returns to shareholders.
In partnership with Melody and other tech companies, HWAL’s new tech division is currently in the planning stage of developing pioneering blockchain and NFT technology systems that aim to facilitate real-time royalty payments for music owners, writers, publishers, and performing artists.
By harnessing the power of blockchain and NFTs, HWAL and Melody are dedicated to introducing cutting-edge solutions that enhance transparency, efficiency, and fairness in the music industry’s royalty ecosystem.
Trade like a pro: Leverage real-time discussions and market-moving ideas to outperform.
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