WASHINGTON DC -- March 24, 2023 -- InvestorsHub NewsWire
-- Hollywall
Entertainment Inc. (OTC:
HWAL),, a multi-faceted developer, telecommunications,
technology, media, sports and entertainment and broadcasting
company, announces the successful completion of its Public Company
Accounting Oversight Board United States (PCAOB) audited financial
statements for fiscal years ending in December 31, 2021 and 2020.
Furthermore, Hollywall has recently made its application to qualify
for an uplisting to the OTC Markets Group’s OTCQB Venture Market in
the United States.
Previously, in June 2022, the company announced the completion
of the (PCAOB) audited financial statements for fiscal year(s)
ending in December 31, 2019 and December 31, 2020.
Earlier this week, HWAL announced it had formed a new technology
division and intends to invest in and acquire operating companies
in the AI, Data Center, Blockchain, NFT, Crypto, and Fintech
Industries.
Through the new technology division, HWAL intends to complete
the development of several proprietary networks that will
incorporate Blockchain, AI, Non Fungible Technology (NFT),
cryptocurrencies, and tokenomics into the development of the
digital networks and marketplace platforms.
The global AI market
size is projected to grow from USD 387.45 billion in 2022
to USD 1394.30 billion in 2029 at a CAGR
of 20.1% in the forecast period. Growing investment in AI
technology by enterprises of all sizes across industries to garner
momentum in the next several years. Fortune Business Insights™
published this information in its recent report, titled “Artificial
Intelligence Market Forecast, 2022-2029.” As per the report, the
global market size was USD 328.34 billion in 2021.
The Data Center
Market report states. “The data center market size is
estimated to grow by USD 615.96
billion from 2021 to 2026, growing at
a CAGR of 21.98% as per the latest
market report by Technavio. 35% of the market's growth will
originate from North America during the
forecast period. The US is the key market for data
centers in North America. Market growth in this region
will be faster than the growth of the market
in Europe and the MEA. The
significant increase in the adoption of cloud services by
enterprises across industries in countries such as the US
and Canada will facilitate the data center market
growth in North America over the forecast
period.
The global non-fungible
token market size is expected to reach USD 211.72 billion
by 2030, growing at a CAGR of 34.2% from 2023 to 2030, according to
a new report by Grand View Research, Inc. The growing demand for
digital art worldwide is one of the major factors driving the NFT
(non-fungible token) market growth. Digital art is defined as the
art that is displayed or created using digital technologies.
The growing use of cryptocurrency globally is also anticipated
to drive the growth of the market. This is because cryptocurrency
is used by people to purchase digital assets. According to
CoinMarketCap, as of February 2022, the total global capitalization
of cryptocurrency is USD 1.76 trillion, making it equivalent to the
world’s 8th largest economy.
Fintech is rapidly reaching new heights as consumers continue to
switch over from traditional in-person banking and embrace new
solutions such as e-wallets, mobile banking, and cryptocurrency. In
fact, in just one year, the fintech market grew from an
estimated $105.41 billion in 2021
to $131.95 billion in 2022, as stated by
Market Data
Forecast. By 2026, this fintech industry is projected to grow
to $324 billion at a compound annual
growth rate (CAGR) of 25.18%.
About Hollywall Entertainment, Inc. Hollywall Entertainment,
Inc. (OTC:HWAL)
is a telecommunications, infrastructure, technology, media, sports
and entertainment, and broadcasting company that operates through
its various subsidiaries, including Hollywall Development Company
(HWDC), and HW Vision Inc., and multiple divisions to include HW
School of Communications, Hollywall Music, Hollywall TV, Hollywall
Sports, HW Productions, HW Networks, HWRadio, HWGOV, and The
Hollywall Foundation. HWAL continues to maximize rights to its
music, film, television, home videos, and software game libraries.
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, 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 other multiple-platinum-selling
acts. Learn more at www.hollywall.com
Safe Harbor Forward-Looking
Statements:
This press release and the statements of representatives of
HWAL. (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, HWAL’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.
Hollywall Entertainment, Inc.
202-827-2220
info@hollywall.com
Corporate Communications:
Instagram :https://www.instagram.com/hollywalltv
Facebook: https://www.facebook.com/HWAL.Hollywall
Twitter: https://twitter.com/theHollywall
HWAL: https://hollywall.com;
HWAL IR: https://hollywall.com/investor-relations/
Investor Relations Contact: info@hollywall.com
Hollywall Entertainment (PK) (USOTC:HWAL)
過去 株価チャート
から 11 2024 まで 12 2024
Hollywall Entertainment (PK) (USOTC:HWAL)
過去 株価チャート
から 12 2023 まで 12 2024
