Tuesday, January 02, 2024 12:52:10 PM
NOTICE OF MATERIAL EVENT
HPIL HOLDING
1720-650 West Georgia Street, Vancouver, BC V6B 4N8
Company Telephone: +1 778-819-1956
Company Website: www.hpilholding.com
Company Email: info@hpilholding.ca
HPIL Holding (HPIL)
NOTICE TO SHAREHOLDERS
8 June 2022: HPIL Holding (OTC PINK: HPIL) ("HPIL" or the "Company"), would like to give notice to
Shareholders as to the following events.
On June 2, 2022, the Chief Executive Officer, and Chairman of the Board of Directors, Stephen Brown, presented a
letter of termination to Mr. Lord Ferrox Tutinean due to Mr. Tutinean’s failure to adhere to Mr. Tutinean’s
employment agreement and HPIL’s policies. Further, the employment of Mr. Micheal Torrey has been terminated on
the same day due to Mr. Torrey’s failure to adhere to his employment agreement and HPIL’s policies. Both Mr.
Tutinean and Mr. Torrey have acted in manners against the Company and against the interests of the Company’s
shareholders.
On May 17, 2022, the British Columbia Securities Commission filed a Cease Trade Order against HPIL Holding under
Section 164 of the Securities Act, R.S.B.C. 1996, c. 418, and with regard to the Company’s failure to file annual
audited financial statements for the period ended December 31, 2021, a Form 51-102F1 Management's Discussion
and Analysis, and a Form 51-102F2 Annual Information Form, for the same period.
On June 3, 2022, the Company was advised by the OTC that the yield sign on the OTC Market site will not be removed,
and that the OTC will not continue its review of the Company’s filings until the Cease Trade issued by the British
Columbia Securities Commission has been removed.
Recent GTII News
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