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ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

On August 22, 2018 HPIL HOLDING signed an Asset Purchase Agreement with Ray Wong and My Boca Holdings Inc. to acquire all of the assets and business, including the Proximity Marketing Technology/Software, of MyFlyWiFi , referred to herein as “MFWF”

Subject to the performance by Seller of all of its obligations under the Agreement, at Closing, HPIL HOLDING will delivery to the Seller Three Hundred and Fifty Million (350,000,000) restricted shares, $0.0001 par value, of its Common Stock.

http://archive.fast-edgar.com//20180830/AP2Z8Q2CLC22TZ22222G2ZX2LFEBZ222EGA2/

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.

For more information please contact:
HPIL Holding
Peter Nicosia
Tel: [phone]
Email: [e-mail]
Source: HPIL Holding
Twitter: https://twitter.com/hpilhold
Web Site: http://www.hpilholding.com