Thursday, January 11, 2018 9:42:09 AM
The Company has today signed a Memorandum Of Understanding with RodDoc LLC to acquire a 100% of the Company. The Company is at an advanced stage in discussions with RodDoc LLC (RodDoc) for acquisition of the Company and expects to finish negotiations in January, 2018. RodDoc has a provisional patent in the ground drilling rod field. HPIL HOLDING will work with RodDoc to expand its market and locations. Both RodDoc and the Company intend to complete the agreement before January 31, 2018[color=red][/color]. Mr. Christopher Philbrick, CEO of RodDoc, said, “We are very keen to conclude our negotiations with HPIL HOLDING and to finalize our contracts as soon as possible in the New Year with the HPIL HOLDING arrangement and agreement completed.”
Karate becomes an Olympic Sport for the first time in 2020. HPIL continues to work with the WTFSKF on the licensed merchandising program and the development of branding opportunities. Mr. Ionel Bara, President of the WTFSKF, said ,“We look forward to the official start of our licensing relationship with HPIL HOLDING on January 1, 2018.”
Yes HPIL is struggling company with problems but if your trading in sub-pennies your a speculator like the rest of us so get off your proverbial high horse keep that negative garbage to yourself.
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