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Looks like fins are on the way.
The annual cost of the various requirements of a fully reporting company can easily exceed $200,000. For an emerging growth company such as HPIL the costs are prohibitive. HPIL's Board of Directors has decided to instead focus our "time, energy and resources" on continuing to develop the HPIL business model at this time in the life cycle of the company. HPIL intends to file unaudited financial statements with OTC Markets shortly. When appropriate HPIL intends to return to full reporting status.
$$HPIL$$
Hpil files Form 15.
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HPIL Holding has filed a Form 15
By GlobeNewswire, August 12, 2019, 10:19:00 PM EDT
Vote up AAA
MIDLAND, Mich., Aug. 12, 2019 (GLOBE NEWSWIRE) -- HPIL Holding (OTC PINK:HPIL) has filed a Form 15 CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 on 8/12/19.
Upon the filing of the Form 15, HPIL's obligation to file periodic and current reports with the SEC, including Forms 10-K, 10-Q and 8-K, was immediately suspended. The Company's duty to file reports with the SEC will be terminated 90 days after the filing of the Form 15. Despite the termination of registration, the Company expects that shareholders will be able to continue to trade the outstanding common shares of HPIL, and the Company intends to maintain a public listing on the OTC Pink Sheets market or other exchange as it may determine appropriate. The Company plans to disclose its financial statements on a quarterly and annual basis through the OTC Markets reporting service as an alternative reporting company. However, the Company cannot guarantee that trading in its common stock will continue on OTC Markets or any other forum.
The annual cost of the various requirements of a fully reporting company can easily exceed $200,000. For an emerging growth company such as HPIL the costs are prohibitive. HPIL's Board of Directors has decided to instead focus our "time, energy and resources" on continuing to develop the HPIL business model at this time in the life cycle of the company. HPIL intends to file unaudited financial statements with OTC Markets shortly. When appropriate HPIL intends to return to full reporting status.
HPIL Management plans on utilizing the savings during this time to pursue the agenda for advancing the various HPIL subsidiaries. HPIL management is dedicated to utilizing our existing resources to initiate and grow revenues, generate new customers and proactively build the awareness of who we are and what we do. The Board of Directors has approved this action primarily as a cost reduction measure. Suspending and ultimately terminating the Company's SEC reporting obligations will allow it to reduce the substantial legal, accounting, and other expenses associated with reporting compliance and make those savings available for continued operation of the business.
HPIL values our shareholders and strives to constantly improve our communications with them. HPIL intends to keep our shareholders informed as the business proceeds and events warrant. HPIL currently intends to provide quarterly and future earnings releases and other press releases about the Company on the OTC Markets reporting service, its web site, http://www.hpilholding.com/news/news.php , as well as through other distribution methods it may identify.
The official channels HPIL communicates exclusively through are official Press Releases, our official Twitter feed https://twitter.com/hpilhold and our official corporate website http://hpilholding.com/news/news.php . Shareholders can find the latest news and updates from HPIL from these sources.
The company does not authorize any other references or discussions or blogs.
HPIL Holding (http://hpilholding.com) is a diversified holding company listed on OTC Markets. HPIL Holding is focused on investing in both private and public companies in differing business sectors. HPIL Holding does not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, acquires various types of businesses. HPIL Holding also evaluates the acquisition of intellectual properties and technologies.
Safe Harbor / Forward-Looking Statements: Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimate," "expect," "plan," "potential," "seek," and "intend," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.
For more information please contact:
HPIL Holding
Investor Relations
Well Nitin,
NITIN AMERSEY
Chairman and Director
Nitin Amersey, age 64, has 43 years of experience in corporate management, international trade, marketing and corporate strategy. He is well versed in brand creation and management. Mr. Amersey has served in various capacities as an executive officer, director and Chairman of companies operating in numerous industries. He continues to serve as a director of several companies, including OTC listed public companies. Additionally, he has extensive experience in textiles and fibers and has owned and managed farming operations, primarily focused in cotton. He has worked internationally in Canada, USA, India, the Caribbean and Japan. Mr. Amersey has a Master of Business Administration Degree from the University of Rochester, Rochester, N.Y. and a Bachelor of Science in Business from Miami University, Oxford, Ohio. He graduated from Miami University as a member of Phi Beta Kappa and Phi Kappa Phi. Mr. Amersey also holds a Certificate of Director Education from the NACD Corporate Director's Institute.
I believe it's time for you to release the financials and get to current status, as promised by you for 2 years now!!
When this is performed the PPS will move. Shareholder confidence has waned so no more delays please.
$$HPIL$$
Well Nitin, this is another fine mess you have gotten us into!!
No Worries$$$$$
Ask wall will disappear when news with (substance) finally drops.
$$HPIL$$
Thank you,
My bad. Anyway, looking forward to things turning positive here. Hoping news and filings drop soon.
GLTA$$
Enjoy the holiday tomorrow.
Hmm! OTC Market trading hours still shows 18 mins left. Thought closing was 2pm today.
I may be wrong though.
400 milly shares pulled from the ask.
Say goodbye to the 0002's$$$$$
ASK WALL just dropped by half!!
Looks like 0002's will be unavailable in a blink of an eye. Fence sitters will regret not pulling the trigger on the 0002's.
News and filings must be getting close to dropping.
GLTA
$$HPIL$$
Sure nice to see a BID AGAIN!
April 5th,2018
HPIL Holding Acquires Unique Browser Based Crypto Currency License
SANFORD, Mich., April 05, 2018 (GLOBE NEWSWIRE) — HPIL HOLDING (the “Company”) (OTC Pink:HPIL) filed an 8K with the Securities and Exchange Commission (SEC) on March 29, 2018 regarding the acquisition of a Crypto Coin (Cryptocurrency) mining license for the technology under the United States Patent and Trademark Office (USPTO) for a “Browser Based Crypto Currency Miner” (USPTO Provisional Patent number 62614253). A preliminary press release was also issued on March 30th, 2018. The Company announced the signing of an agreement with Virtual Solutions Ventures LLC for technology developed under its provisional patent for a browser based coin mining license. Initially the Company chose the Monero coin for its licensing. It is also discussing the prospect of mining other cryptocurrencies including the Bitcoin. The technology allows the mining of a cryptocurrency using a basic browser.
Crypto Currency Engine Inc.
A perfect time for HPIL to let shareholders know their progress thus far.
Bitcoin now up 13.34% (CAD) - $2052.80
Wow! Bitcoin up 8.06% (CAD) today.
If HPIL has the bitcoin news, now is the time to release it.
Agreed! There are Many Catalysts here to propel upwards very quickly.
MJ, oil and gas sectors, and bitcoin.
With good news about any one or all of these 3 can move the PPS very quickly.
Fin's and becoming current again is necessary.
HPIL has been quietly working behind the scenes. Hopefully they have PR's with substance. We will know when they release. Until then it is just guessing and surmizing.
GLTA,
$$HPIL$$
Article written March 5th refers to today's text from NuUnlimted. I googled slangevar app and it's the first article.
At bottom of article it shows Nitin Amersay as CEO of NuUnlimted North America.
HPIL together with NuUnlimited looks like they have been busy. Sure would like to see an official PR and Fin's to get this ticker current. PPS does not belong at it's current level.
$$HPIL$$
Slange Var selects NuUnlimited retail platform for Interactive Product
Bid increasing now. Looks like more eyes on this ticker.
$HPIL$
Well said! I will reiterate from a previous post. 0002's are a gift. When all I's are dotted and T's are crossed that big ask wall will disappear in a blink of an eye. Those fence sitters waiting for 0001's will REGRET. Seen it many times and will see it many more times in the future. OTC Corrall, gotta know when to pull the trigger.
$$HPIL$$
Should start seeing the Bid increase and the Ask decrease in size very soon!!
$HPIL$
Thanks for your sleuthing skills DansLoft.
I believe things are finally starting to heat up. Should be a good run soon!
Good to see updates from HPIL and or subs.
Today's RodDoc news shows contact info. for HPIL Investor Relations. The phone # shows an area code of (989). This is an area code for both Saginaw and Midland MI.
Looks to me like they have already set up their new location.
This will get very interesting in the coming days.
$$HPIL$$
GLTA!
Filings to bring HPIL current is what traders are waiting for. PPS will move quickly when this is done.
3738 Coach Cove, MI has been sold.
See Ayre/Rhinehart Realtors website. Sold price 658K, Sold on May 3rd/2019.
I'm sure Nitin CEO has been waiting for his house to sell before announcing news and fin's.
Now that it's done, my thoughts are that we should see some news very Soon! Hopefully in the coming few days.
$$HPIL$$
Boom time coming soon! Tic Toc, Tic Toc.
$$HPIL$$
This ticker has moved on thin air in its recent past. With the right news and current status it can move to 005's minimum.
A meager five thousand dollar investment buys 25,000,000 shares. That is $125,000 dollars if it reaches that level.
I am anticipating some good news in the very near future here.
Regrets may be plenty here!
Ben Franklin once said,
"It's not the things having done I regret, it's the things I never got around to doing"
Waiting too long may cost traders as the share structure on this ticker is in pretty good shape and couple that with the vast number of catalysts, 0002's really look like a Gift. GLTA, patience will be rewarded. All in my opinion of course.
$$HPIL$$
The ask has been stacked for some time now to entice impatient traders to sell into the 0001's.
When news and filings finally start dropping that big ask will be gone instantly.
The time to BUY is now IMO.
HPIL for the WIN$$$$
Patience will be rewarded here. Should get interesting very soon.
Great news. I noted that at the bottom of their new website home page, their USA and Canada Head Office is located:
1712 Pioneer Ave.
Suite 500
Cheyanne, WY
This aligns with recent 8K from HPIL re- their incorporation of all 100% owned companies, and including joint ownership in Nuunlimited.
$HPIL$
Upped my share count. Too many catalysts in the wings. April should be the beginning of a Great Run.
$$HPIL$$
good luck$$$. 0001's will be tough to get. Plenty of 0002's though.
Patience will be rewarded here$$$
You must have deep pockets. Total volume today 2 million shares.
2 million times .0002 = $400 dollars.
Yup! Locked and Loaded$$$$$$$$$$$$
Correct. All noted are WHOLLY Owned subsidiaries.
Also noted on 8K
"The following HPIL Holding and nuUnlimited LTD. UK jointly owned subsidiary has been incorporated in Wyoming; nuUnlimited North America Inc."
$$HPIL$$
Nitin Amersey has never moved quickly, however historically he has not thrown shareholder's under the bus like so many other CEO'S. I will assume that he pulls everything together soon$$$$$$$
Sold 0005's and 0006's. But held some, and bought a bit of 0003's and 0002's. Now, it will be patience$$ GLTA
HPIL recently paid for NVSOS reinstatement for a reason folks. Don't let anyone steal your shares. We go up from here$$$$$$$$$$
0003's will be gobbled so fast traders will not even have time to enter a trade for them!!
Tic Toc! $HPIL$
A 10 bagger minimum when filings and PR are dropped. Any minute$$$