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HOLLYWALL ENT INC - $HWAL STOCK NEWS

Welcome to our dedicated page for HOLLYWALL ENT news (Ticker: $HWAL), a resource for investors and traders seeking the latest updates and insights on HOLLYWALL ENT stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HOLLYWALL ENT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HOLLYWALL ENT's position in the market.

Rhea-AI Summary
Melody Trust LLC, owned by Hollywall Entertainment, Inc (HWAL), has formed Lunar Records in partnership with Space Blue to curate the Lunaprise Moon Museum aboard a SpaceX Falcon 9. The museum features music, art, and historical artifacts curated by Space Blue and aims to immortalize artistic legacy for future generations on the moon. The project includes digitized recordings from iconic musicians like Elvis Presley, Marvin Gaye, and Jimi Hendrix, stored in an indestructible time capsule on the moon. Dallas Santana, the curator, envisions merging cutting-edge technology with art to create a lasting cultural impact.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.76%
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partnership
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Rhea-AI Summary
Hollywall Entertainment, Inc. (HWAL) is transitioning into a technology-driven company while seeking sales and revenue from its extensive music library. A transition team is being assembled to bring fresh insights and strategic focus. The company plans to rebrand, sell its music library, identify merger/acquisition candidates, and improve its capital structure. The Board and Management have approved the plan to sell the library and intend to provide a cash dividend to shareholders with the net proceeds.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.26%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.59%
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none
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Rhea-AI Sentiment
End-of-Day
-8.42%
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Rhea-AI Summary
Hollywall Entertainment, Inc. (HWAL) has completed a transaction selling assets from its music catalog to Melody Trust, Inc. HWAL will issue a stock dividend of 1.3 Melody Trust Preferred B Series Shares for each HWAL common share held. The dividend is scheduled to be distributed on or about October 2, 2023. The Catalog has a fair value of approximately $146 million and includes recordings from renowned artists such as Ray Charles, Elvis Presley, and Tony Bennett. Melody plans to utilize the Catalog for blockchain technology and NFTs in the music industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.35%
Tags
dividends
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.49%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
288.89%
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Rhea-AI Sentiment
End-of-Day
-48.82%
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Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.08%
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HOLLYWALL ENT INC

OTC:HWAL

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94.71M
Drilling Oil and Gas Wells
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Washington