Replies to post #45285 on HPIL Holdings (HPIL)

[Frayed Knot]

HMM..apparently the question was missed..

What's wrong with this statement?

Actually I should've said...

What's wrong with this PR... my bad.

BUT it is my question to anyone, I know what's wrong.

VANCOUVER, BC, May 14, 2021 /PRNewswire/ -- HPIL Holding (the "Company") (OTC: HPIL) announces that FINRA has approved the official name change of the company to CYBERNETIC TECHNOLOGIES LTD.

[marylandstockguy]

I wouldn't give this guy the time of day. Mr. Negative no matter what. What should they do, not make any sort of announcement? OK.

[Frayed Knot]

The May 14, 2021 PR :

VANCOUVER, BC, May 14, 2021 /PRNewswire/ -- HPIL Holding (the "Company") (OTC: HPIL) announces that FINRA has approved the official name change of the company to CYBERNETIC TECHNOLOGIES LTD.

Here's the answer:

Be Wary of Announcements Regarding FINRA "Approval" of a Corporate Action
Companies undergoing a corporate action often issue a press release or other communication, such as a tweet or other social media post, to provide details of the change. For instance, a company might announce a new corporate name that reflects a change in product lines or business focus. However, in the past, some companies have used these publications to suggest that FINRA has somehow "approved" a corporate action or that a corporate action will be effective once FINRA approves it. To clarify, this is not the case: FINRA does not approve corporate actions.

Seems that companies are STILL using it... HPIL.

THUS the reason I LMFAO when I read the pathetic PR put out by Little Stevie Brown, "CEO" of the dynamic "cybernetic technologies"..

The PR is what I often refer to as a FLUFFY PR.

The CEO (or officer)uses a PR to PUMP the STINKY/HPIL, so he/she can DUMP/SELL Shares..
Why sell shares?
FOR MONEY IN THE POCKET...;-)