HPIL Holdings (HPIL)

[mvp_stocks]

DD Package 10/12/18 and PR:

PR First:

October 12, 2018 12:26 ET | Source: HPIL HOLDING
MIDLAND, Mich., Oct. 12, 2018 (GLOBE NEWSWIRE) -- HPIL Holding (the "Company") (OTC PINK: HPIL) is updating its shareholders in response to numerous inquiries. First, we are pleased to report that we are well underway in the process of getting current in our required regulatory filings. We understand that this is critical information for our shareholders and investors.

In our planned growth, we are in the process of working with one more company to do a joint venture in technology related to the movie/theatre industry. We are also eager and very excited to be working on our deals with RodDoc Inc. and Numbers Unlimited Ltd. and looking forward to closing them soon.

Subsequent to these closings, we intend to focus on raising capital and funds for the business ventures we have announced. We are in negotiations with groups to invest in our Company so as to enable us to grow the technologies we have already announced with our acquisitions, joint ventures and licensing deals. We are also planning on arranging to eliminate and restructure the current debt on our books and we are looking to more traditional funding for investment funds. We intend to avoid a reverse of our stock or toxic funding.

We are grateful for our investor interest. We look forward to a time when we have brought all our plans to fruition and we can all look back on this as a time when we took the right steps to grow our company – filing our reports, closing our projects and raising funds to grow them.

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

Peter Nicosia
Tel: [phone]
Email: [e-mail]

Source: HPIL Holding

Twitter: https://twitter.com/hpilhold

Web Site: http://www.hpilholding.com

HPIL Holding Tel: [phone]

Email: [e-mail]


https://globenewswire.com/news-release/2018/10/12/1620701/0/en/HPIL-HOLDING-Shareholder-Update-on-Activities-and-Acquisitions.html


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In summary:

1. HPIL going OTC Current

2. Roddoc, Numbers Ultd. & a company in the movie theater industry are all going public via HPIL. That's three (3) acquisitions on deck with two of them closing starting next week with Roddoc.

3. From what we know about Roddoc, and Numbers Ultd. both companies are producing results in huge industries. Roddoc has a drilling product that is patent pending (official file # available), and it's a product for resurfacing drilling rods.

Numbers Ultd. is based in the UK, and they are providing technology considered "disruptive tech". Upon completion of the acquisition at the end of THIS month, we'll find out more about a lot more about Numbers Ultd. There was a powerpoint presentation provided from the initial PR, and everyone should look at it. The CEO is also on LinkedIn and his profile is outstanding! It indicates Numbers Ultd. may be doing millions in revenue.

4. HPIL is not only raising non-toxic funds, they're also working to eliminate the debt off the books, meaning getting rid of the note holders, which means we don't have to worry about a big share-dump that will drive the stock price down. HUGE!

5. No reverse split - CONFIRMED!



Beyond that, we have share structure updates hitting otc markets website routinely showing the float is unchanged, so we know there's no dumping coming from note holders or company insiders. We're good here!

I'm looking forward to next week and all the acquisition news, and TWEETS it may bring! Let's do this!!