Replies to post #46021 on HPIL Holdings (HPIL)

[Frayed Knot]

BUT NOT in the PR....

only later..

WHY?

Certainly the SP of CRANK has FALLEN.. big time.

He has acknowledged being the CEO of Crank. For whatever reason he is moving assets to HPIL. Crank is hardly trading with a very, very low float.

[shotsky]

Crank is a company. HPIL is a HOLDING company. It HOLDS other companies. That is how holding companies work. They don't produce anything. Their revenue comes from the profit of the companies they hold.