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Thursday, 02/22/2018 11:13:38 PM

Thursday, February 22, 2018 11:13:38 PM

Post# of 294574
HPIL .0016 MEGA DD FOUND IN 8K + 2 ACQUISITIONS COMING SOON!!!

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT .

Merchandise License Agreement with Royal Blue.


On January 11, 2018 HPIL HOLDING signed a Merchandise Licensing Agreement (the “Agreement”) with Royal Blue an Arkansas Company, the “Licensee.” HPIL HOLDING (the “Licensor”) is a public Nevada Corporation, the owner of all right, title and interest throughout the world to World Traditional Okinawa Karate Federation (WTOKF) Logo trademarks and service marks, and variants thereof (the “Marks”). The Licensee is a corporation, which, owns and operates retail and wholesale clothing commercial printing operations.


The Licensor has licensed the use of the Marks to Licensee solely in connection with the retail sale of merchandise by Licensee and its Affiliates pursuant to the terms of this Agreement. Licensee will pay royalties (“Royalties”) to Licensor based on Net Revenues from sales of Merchandise during the Term or subsequent to the termination of this Agreement for any reason. The applicable Royalty percentage will be calculated based on total Net Revenues from sales of all Merchandise during the Term of this Agreement. The Royalty percentages agreed to are as follows: (i) 10% of Net Revenues up to $2,000,000 accrued during the Term of this Agreement, plus (ii) 12.5% of Net Revenues between $2,000,001 and $5,000,000 accrued during the Term of this Agreement, plus (iii) 15% of Net Revenues in excess of $5,000,000 accrued during the Term of this Agreement.

The Licensee is authorized to sell in USA and Canada.

The Term of this Agreement (the “Term”) is five years from the effective date (January 11, 2018) and it is renewable for an additional five-year period.
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HPIL HOLDING Signs New Memorandum of Understanding
SANFORD, MI - (NewMediaWire) - February 07, 2018 - HPIL HOLDING (the “Company”) (OTC Pink: HPIL) has signed a Memorandum of Understanding (MOU) with Shane Jones and Live Youth Sports Network, of Parkland, Florida to acquire 100% of the business of Life Youth Sports Network (LYSN).

LYSN is in the business of streaming video of school sporting events over the internet. LYSN installs High Definition (HD) cameras in all of the school's athletic venues in order to have pay-per-view, and an archive of all team sports at the school. This is a convenience to parents, grandparents, military personnel, alumni, scouts and anyone else who cannot physically make it to the game. A percentage of all local advertising & sponsorship fees and pay-per-view revenues go back to the schools as a "fundraising program", with national sponsorships going toward scholarships for athletes with outstanding achievements in sports and academics.

Mr. Nitin Amersey, Chairman and CEO of the Company, said, “We are very excited by this opportunity. There is considerable synergy between our merchandise licensee Royal Blue and the LYSN in the selling of sports apparel to schools for school sports. We also look forward to developing the business with our licensor the World Traditional Okinawa Karate Federation.”

HPIL has also signed an extension of its MOU with RodDoc, LLC for completing a definitive agreement regarding the acquisition of RodDoc on February 28th, 2018. RodDoc has a provisional patent in the ground drilling rod field.

The Company is also in the process of launching a Facebook page, as well as creating a social media presence.

HPIL HOLDING (http://HPILHOLDING.COM) is a holding company listed on OTC Markets.

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 materially from those indicated by such forward-looking statements. These factors 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.

Contact:

For more information, please contact:

HPIL Holding

Tel: +1(248) 750-1015

Email: info@hpilholding.com

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