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.