HPIL is part of the lawsuit against Justin Keene. He is/was an unregistered penny stock dealer involved in illegal practices which included HPIL convertible notes. It means the convertible notes will go away.
The SEC wins summary judgment against toxic convertible note lender #justinkeener. This SEC win demonstrates that the courts are recognizing that purveyors of convertible notes, funders that purchase convertible notes from OTC Markets Group #issuers, converts those notes to stock, and resells the resulting #securities must be registered with an self regulating agency such as #FINRA. Small-Cap Institute, Inc. U.S. Securities and Exchange Commission Office of the New York State Attorney General Brenda Hamilton Danny Alberttis Jon Stoddard Mick Davis $DPLS $OCLN $HPIL $WDLF $VNUE $ASTA
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