Press Releases.

Hollywall Entertainment, Inc., Announces The Completion of Its Two Year Audit

Hollywall Entertainment Inc. (OTC: HWAL), a telecommunication, infrastructure, media, technology, broadcasting and entertainment company, announces the completion of Public Company Accounting Oversight Board (United States) (PCAOB) audited financial statements for fiscal year (s) ending in December 31, 2019 and December 31, 2018.

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FCC Chairman Sets $20B/10-Year Rural Broadband Funding Plan

The Federal Communications Commission (FCC) will be facilitating $20.4 billion of investments into high-speed broadband networks across rural America over the next 10 years, FCC Chairman Ajit Pai announced during a briefing with President Trump on April 12. To distribute those funds, the FCC will create the Rural Digital Opportunity Fund, which will provide funding…

Hollywall HWDC

Hollywall Entertainment (HWAL) forms new powerhouse division Hollywall Development Company LLC. (HWDC)

  HWDC is… Minority, Majority Controlled and operated consortium company that was formed by seasoned corporate executives from all major industry’s along with hand selected partnerships with Investment Banks, Global Capital Funds, Public Financial and Wealth Management Firms, Construction Engineering / Building Companies, federal agencies, state and local governments, non-profits, faith-based organizations, and housing authorities…


Morgan Stanley- Qualified Opportunity Zones –– A New Investment Possibility- Published September 2018

When the Tax Cuts and Jobs Act (TCJA) was signed into law on December 22, 2017 (P.L. 115-97), it opened the possibility for tax-incentivized investments into economically-distressed communities, designated as Qualified Opportunity Zones (QOZ), in every state and territory. Taxpayers with unrealized capital gains may be able to sell or dispose of their appreciated assets…


Opportunity Zones Frequently Asked Questions

Q. What is an Opportunity Zone? A. An Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment. Localities qualify as Opportunity Zones if they have been nominated for that designation by the state and that nomination has been certified by the Secretary of the U.S.…