Almost Never Films Inc (NASDAQ:HLWD) major shareholder William R. Kruse acquired 51,088,872 shares of the business’s stock in a transaction that occurred on Friday, June 16th. The stock was bought at an average cost of $0.01 per share, for a total transaction of $510,888.72. Following the completion of the purchase, the insider now owns 104,424,959 shares of the company’s stock, valued at $1,044,249.59. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Almost Never Films Inc (NASDAQ HLWD) traded up 17.0909% during trading on Monday, hitting $0.0644. The company had a trading volume of 21,560 shares. Almost Never Films Inc has a 1-year low of $0.01 and a 1-year high of $0.10. The company’s 50 day moving average price is $0.07 and its 200-day moving average price is $0.05. The stock’s market capitalization is $12.25 million.

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About Almost Never Films

Almost Never Films Inc, formerly SMACK Sportswear, is a shell company. The Company is a film company focused on film production and production related services in connection with genre specific motion pictures. It was a manufacturer and seller of performance and lifestyle-based indoor, and sand volleyball apparel and accessories.

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