Sunday, October 14, 2018 6:20:52 AM
HPIL HOLDING Shareholder Update on Activities and Acquisitions
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.
https://www.otcmarkets.com/stock/HPIL/news/story?e&id=1193282
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