Item 5.01 Changes in Control of Registrant.
On June 29, 2021, Shareholders First LLC was appointed as custodian for the
registrant, Wally World Media, Inc. following an application and motion filed by
Shareholders First LLC with the District Court of Clark County, Nevada (Case
Number: A-21-834721-P) to be appointed custodian under Nevada law based on the
registrant having failed to provide current information under the securities
laws since May 2015. The Court issued an Order (the "Court Order") that
Shareholders First was authorized to take any and all actions on behalf of the
registrant as custodian under NRS 78.347 "that are reasonable and prudent or for
the benefit of the registrant, including but not limited to appointing interim
officers, and directors, negotiating and compromising debts, executing contracts
and other agreements, authorizing and issuing new shares of stock, and
authorizing new classes of stock, and initiating litigation [in the
registrant's] name."
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 30, 2021, in accordance with the Court Order, Grant Casey, the Chief
Executive Member of Shareholders First LLC, appointed himself as the Company's
President, Chief Executive Officer, Chief Financial Officer, Secretary,
Treasurer, and Chairman of the Board of Directors and also appointed Geoffrey
Chan as a director for the Company.
Grant Casey, 27, is a private investor. Briefly during 2018, Mr. Casey was a
Managing Member at BlockTerra Capital, LLC. From 2018 to 2020, Mr. Casey worked
as a paid consultant for several small to mid-sized public and private
companies, where he assisted in performing due diligence, merger negotiations,
and general business consulting. Since June 2019, Mr. Casey has been the Chief
Executive Member of Shareholders First LLC, which focuses on shareholder
advocacy and specializes in active investing in distressed public companies. Mr.
Casey holds a B.S. in Economics - Management Science from the University of
California, San Diego.
Geoffrey Chan, 28, is a private investor and Managing Member of Shareholders
First LLC. In 2017 Mr. Chan began his career as a staff accountant in the
healthcare industry and later moved on to a controller position at Unite4, LLC
from 2018 through 2019. In addition to serving as Managing Member of
Shareholders First LLC, Mr. Chan is currently providing management consulting
for multiple California-based startups. Mr. Chan holds a B.A. in International
Business from the University of California, San Diego. Mr. Chan also holds an
MBA and certification in Strategy and Management Consulting from the University
of Southern California - Marshall School of Business.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Notice of Entry of Order in the State of Nevada, dated June 29, 2021.
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