HPIL Holdings (HPIL)

[billdean8]

Section 1 - Registrant’s Business and Operations

Item 1.01 Entry into a Material Definitive Agreement.



On September 27, 2021 HPIL Holding (the “Company”) entered into a Ten Million ($10,000,000.00) Dollar Equity Line Of Credit (“Credit Line”) with Auctus Fund LLC. This credit line is open where the Company can draw down at its own discretion. The funds will be used for the expansion of the Company by adding an Auto Robotic center of approximately 5,0000 sq. feet in Kent, Washington and all the equipment that will operate at the center.



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



Date: October 4, 2021



HPIL HOLDING

(Registrant)



By: /s/ Stephen Brown
Stephen Brown

Chief Executive Officer. pretty big line of credit execution phase.