::. HPIL Holding | News & Events .::

 

 
 
 

HPIL HOLDING Wholly Owned Subsidiary MyFlyWiFi Signs Memorandum of Understanding With TRUESKILL ENERGEN P LTD

September 9, 2019

MIDLAND, Mich., Sept. 09, 2019 (GLOBE NEWSWIRE) -- HPIL Holding (the "Company") (OTC PINK: HPIL) is pleased to announce that the Company’s wholly owned subsidiary MyFly WiFi Inc. has signed a Memorandum Of Understanding with Trueskill Energen P LTD.

Proximity Marketing, also referred to as Location Aware Advertising (LAA), enables mobile users to receive an advertising message or other customizable content based on their location. LAA allows advertisers to deliver highly customized promotions, coupons and offers to a highly primed individual, specifically taking into account their geographical location, as well as the time of day and other variables. Also, LAA lets advertisers reach their customers when they are primed to make a purchase.

Analysts predict that click-through rates on LAA can be five to ten times (or more) higher than click-through rates on Internet advertising messages. The flexibility of the MyFlyWiFi Platform allows interactive content such as surveys in a hospital setting or personalized coupon redemption in a retail space.

MyFlyWiFi designs, deploys and maintains Proximity Marketing & Location Aware Software, Hardware and Infrastructure designated as the MyFlyWiFi Platform Version 1.0.

TRUESKILL will license and market MyFlyWiFi Platforms Version 1.0 in India.

Mr. Ray Wong COO of HPIL and CEO of MyFlyWiFi, said, “This relationship will give us direct access to the 1.37 Billion people in India as Trueskill Energen is an established Marketing company providing service to customers in Solar energy, reverse e-Com, cosmeteuticals etc and has been in the market for over ten years.”
Mr. Wong, also stated, “This process of increasing the global market for MyFlyWiFi and other HPIL subsidiaries is ongoing.”

Mr. Uday Kumar, Director and CEO of Trueskill Energen, said, “There is good potential for LAA in India. Trueskill looks forward to represent MyFlyWiFi and build this biz in India. In the background of heavy competition from Online Retailers, Offline Retailers would like to use technologies, which will build the footfall in their stores. Trueskill also sees good scope from Service companies to adopt this technology.”

HPIL Holding (http://hpilholding.com) is a diversified holding company listed on OTC Markets. HPIL Holding is focused on investing in both private and public companies in differing business sectors. HPIL Holding does not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, acquires various types of businesses. HPIL Holding also evaluates the acquisition of intellectual properties and technologies.

Safe Harbor / Forward-Looking Statements: Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimate," "expect," "plan," "potential," "seek," and "intend," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

For more information please contact:

HPIL Holding
Investor Relations
Tel:  +1 (989) 252-8433
Email: info@hpilholding.com 

Source: HPIL Holding
Twitter:   https://twitter.com/hpilhold
Web Site: http://www.hpilholding.com
News: http://www.hpilholding.com/news/news.php
HPIL Holding  Tel:  +1(989) 252-8433

 

HPIL Holding has filed a Form 15

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Source: HPIL HOLDING

MIDLAND, Mich., Aug. 12, 2019 (GLOBE NEWSWIRE) -- HPIL Holding (OTC PINK: HPIL) has filed a Form 15 CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 on 8/12/19.

Upon the filing of the Form 15, HPIL’s obligation to file periodic and current reports with the SEC, including Forms 10-K, 10-Q and 8-K, was immediately suspended. The Company’s duty to file reports with the SEC will be terminated 90 days after the filing of the Form 15. Despite the termination of registration, the Company expects that shareholders will be able to continue to trade the outstanding common shares of HPIL, and the Company intends to maintain a public listing on the OTC Pink Sheets market or other exchange as it may determine appropriate. The Company plans to disclose its financial statements on a quarterly and annual basis through the OTC Markets reporting service as an alternative reporting company. However, the Company cannot guarantee that trading in its common stock will continue on OTC Markets or any other forum.

The annual cost of the various requirements of a fully reporting company can easily exceed $200,000. For an emerging growth company such as HPIL the costs are prohibitive. HPIL’s Board of Directors has decided to instead focus our “time, energy and resources" on continuing to develop the HPIL business model  at this time in the life cycle of the company. HPIL intends to file unaudited financial statements with OTC Markets shortly. When appropriate HPIL intends to return to full reporting status.

HPIL Management plans on utilizing the savings during this time to pursue the agenda for advancing the various HPIL subsidiaries. HPIL management is dedicated to utilizing our existing resources to initiate and grow revenues, generate new customers and proactively build the awareness of who we are and what we do. The Board of Directors has approved this action primarily as a cost reduction measure. Suspending and ultimately terminating the Company's SEC reporting obligations will allow it to reduce the substantial legal, accounting, and other expenses associated with reporting compliance and make those savings available for continued operation of the business.

HPIL values our shareholders and strives to constantly improve our communications with them. HPIL intends to keep our shareholders informed as the business proceeds and events warrant. HPIL currently intends to provide quarterly and future earnings releases and other press releases about the Company on the OTC Markets reporting service, its web site, http://www.hpilholding.com/news/news.php , as well as through other distribution methods it may identify.

The official channels HPIL communicates exclusively through are official Press Releases, our official Twitter feed https://twitter.com/hpilhold and our official corporate website http://hpilholding.com/news/news.php . Shareholders can find the latest news and updates from HPIL from these sources.

The company does not authorize any other references or discussions or blogs.

HPIL Holding (http://hpilholding.com) is a diversified holding company listed on OTC Markets. HPIL Holding is focused on investing in both private and public companies in differing business sectors. HPIL Holding does not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, acquires various types of businesses. HPIL Holding also evaluates the acquisition of intellectual properties and technologies.

Safe Harbor / Forward-Looking Statements: Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimate," "expect," "plan," "potential," "seek," and "intend," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

For more information please contact:

HPIL Holding
Investor Relations
Tel:  +1 (989) 252-8433
Email: info@hpilholding.com 

Source: HPIL Holding
Twitter:   https://twitter.com/hpilhold
Web Site: http://www.hpilholding.com
News: http://www.hpilholding.com/news/news.php
HPIL Holding  Tel:  +1(989) 252-8433

 

HPIL Holding seeks Michigan location for Cannabis dispensary business

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Source: HPIL HOLDING

MIDLAND, Mich., July 25, 2019 (GLOBE NEWSWIRE) -- HPIL Holding (OTC PINK: HPIL) has previously signed a Letter of Intent to purchase property located at 278 E Saginaw Rd, Sanford, MI 48657. A relevant 8K was filed on April 17, 2019.

The Company had intended to utilize a section of the property for a Cannabis dispensary. Unfortunately the Lincoln Township where the property is located has recently notified LARA that they have opted out of the licensed facilities portion of Michigan Regulation and Taxation Act (MRTMA). The Company is actively seeking an alternative site for a Cannabis dispensary within a municipality that has not opted out of the licensed facilities portion of MRTMA.

As originally planned, the property at 278 E Saginaw Rd, Sanford, MI 48657 will be utilized as the HPIL corporate Head Office and primary drill bit refurbishment facilities for the 100% HPIL owned subsidiary RodDoc Inc. HPIL’s Board of Directors has tasked one of our executives to review and find locations in the Great Lakes Bay Region (Saginaw, Bay, Midland and Isabella counties) for the dispensary. Pinconning, a Bay County municipality, was the first township in Michigan to pass an ordinance to allow medical marijuana businesses into the community. Pinconning is considered a mecca for state of the art Cannabis operations. HPIL’s new head office in Lincoln Township is a short distance from Pinconning. According to an unofficial report by the Michigan Department of Licensing and Regulatory Affairs, 64 communities in Michigan have approved ordinances to allow medical marijuana businesses. 

In November 2019, Michigan voters approved via a ballot measure the legalization of recreational use of Cannabis. The Department of Licensing and Regulatory Affairs (LARA) is tasked with drawing up regulations on marijuana policy. The license rules should be finalized by December 2019. It is HPIL’s intention to apply for a retail license to sell marijuana to legal adults for recreational use.

It is HPIL’s opinion that this initiative and future venture in this space will be assisted by its nuUnlimited North America Joint Venture’s marketing of its marijuana provenance platform.
Michigan’s profitable medical marijuana industry, with current estimated annual sales of medical marijuana of more than $700 million a year is projected to grow to over $1 Billion. Recreational marijuana sales will be in addition to this. HPIL is committed to exploring opportunities in this lucrative sector, both in businesses and technologies selling to the Cannabis sector as well as direct participation, to the extent permitted by local, state and federal laws.

HPIL Holding (http://hpilholding.com) is a diversified holding company listed on OTC Markets. HPIL Holding is focused on investing in both private and public companies in differing business sectors. HPIL Holding does not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, acquires various types of businesses. HPIL Holding also evaluates the acquisition of intellectual properties and technologies.

Safe Harbor / Forward-Looking Statements: Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimate," "expect," "plan," "potential," "seek," and "intend," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

For more information please contact:

HPIL Holding
Investor Relations
Tel: +1 (989) 252-8433
Email: info@hpilholding.com 

Source: HPIL Holding
Twitter: https://twitter.com/hpilhold 
Web Site: http://www.hpilholding.com
News: http://www.hpilholding.com/news/news.php
HPIL Holding Tel: +1(989) 252-8433

 

nuUnlimited North America expands its Provenance program in the US as it works to integrate with the Michigan METRC platform

Source: HPIL HOLDING

MIDLAND, Mich., July 16, 2019 (GLOBE NEWSWIRE) -- HPIL Holding (OTC PINK: HPIL) is pleased to announce today that, nuUnlimited North America Inc., (NUNA) (a jointly owned subsidiary of HPIL Holding and nuUnlimited Ltd. UK), is expanding its Provenance program in the US with a focused platform for businesses working in the Cannabis industry. NUNA has obtained authorization to work with the METRC API to integrate the NUNA provenance platform.

Ray Wong, Chief Operating Officer of HPIL Holding said, “We are excited to partner with entrepreneurs within all aspects of the cannabis community to simplify the compliance process. Our platform is applicable to any step of the process for Cannabis from seed to sale.”

“We’ve been working with METRC to integrate the robust features of our provenance platform with the compliance process within METRC for the state of Michigan,” said Matthew Dahley, president of NUNA. “Not only can we create a robust customer profile and granular level product transparency for those using our Provenance platform, now METRC integration makes it possible for those in any part of the process with Cannabis platform to be compliant with the METRC system at the same time, making it easier for companies to save time by completing multiple tasks in moments. We look forward to the completion of Michigan integration, as well as moving into additional markets such as Colorado.”

NUNA is taking an active role in helping Cannabis companies comply with regulatory agencies, maximize profit on investment via robust reporting, and connecting interested customers with detailed information on their Cannabis operation with information on sustainability, certifications, and the overall process of delivering a consumable product. Producers, Retailers and Consumers will be able to connect in ways never before possible, establishing trust and rapport naturally. This program is the latest example of NUNA initiatives aimed at enabling businesses to provide consumers clear information about the benefits of their specific products and processes and establishing or strengthening a powerful brand through the customer relationship.

NUNA’s provenance platform is affordable to small business and can be scaled up for large multi national applications as well.

The NUNA customizable provenance platform enables tracking of Cannabis from sale down to a granular level, enabling plant, batch, and retail tagging. The platform provides robust reporting based on a multitude of customer and producer required criteria such as origin, plant yields, testing results, fertilization and growth methods, processing methods, species and more. This gives cultivar, processing, transportation and retail partners unprecedented visibility and the ability to cooperate on a higher level, as well as valuable information to the consumer to allow informed decision making. NUNA intends to work in every state that is using METRC for their compliance needs in the Cannabis sector.

Mr. Ray Wong, Chief Operating Officer of HPIL, said, “An HPIL contingent attended the recent CannaCon event in Detroit, Michigan and we were very pleased with the good reception to our NUNA Cannabis Provenance Platform.” Mr. Wong added, "We look forward to attending future events across the country and meeting potential customers face to face." The NUNA platform is a very flexible platform and can be customized for use not only in the Cannabis sector but also for a wide variety of business and governmental regulatory needs.

NUNA is a jointly owned subsidiary of HPIL Holding, (OTC PINK: HPIL) and nuUnlimited Ltd. UK. HPIL Holding (http://hpilholding.com) is a diversified holding company listed on OTC Markets. HPIL Holding is focused on investing in both private and public companies in differing business sectors. HPIL Holding does not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, acquires various types of businesses. HPIL Holding also evaluates the acquisition of intellectual properties and technologies.

Safe Harbor / Forward-Looking Statements: Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimate," "expect," "plan," "potential," "seek," and "intend," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

For more information please contact:

HPIL Holding
Investor Relations
Tel: +1 (248) 750-1015
Email: info@hpilholding.com 

 

HPIL Holding Announces Appointment of President of nuUnlimited North America Inc.

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Source: HPIL HOLDING

MIDLAND, Mich., May 20, 2019 (GLOBE NEWSWIRE) -- HPIL Holding (OTC PINK: HPIL) is pleased to announce that Mr. Matthew Dahley has been appointed to the position of President of nuUnlimited North America Inc., a jointly owned subsidiary of HPIL Holding and nuUnlimited Ltd. UK.

Mr. Dahley has previously served in management within the Telecommunications sector for the last 20 years. There, he heavily focused on leading organizations with a strong concentration in world class customer service, and supporting emerging technologies such as VPLS, eSIP, and high-speed optical transport circuits. Mr. Dahley has extensive experience with building new teams and processes to fit the needs of a dynamic environment and brings that flexibility to nuUnlimited North America Inc.

Mr. Dahley said, “I am humbled by the opportunities presented by working with both members of HPIL Holding and nuUnlimited Ltd. UK., and I am excited for the potential in the technologies that nuUnlimited North America Inc. brings to the market.”

Mr. Tim Sandford, CEO of nuUnlimited said, “We have been working with Matthew since before he was appointed and have been consistently impressed with the speed at which he understood the nuUnlimited technology platform and its capability to deliver simple solutions for complex problems. We look forward to developing the North American markets with Matthew and his team to grow the number of industries and organizations that rely on nuUnlimited technologies to manage their products from origin to consumption.”

“With the provenance and lifespan of products becoming increasingly important for both competitive and regulatory reasons, nuUnlimited North America is in a prime position to help businesses and other organizations capitalize on the potential of product provenance. Matthew’s business and technical knowledge makes him the idea person to lead the business in North America.”

Mr. Ray Wong, Chief Operating Officer of HPIL Holding said, “We at HPIL corporate are pleased with the addition of Matthew Dahley to our company. Accomplishing our long term goals requires a dynamic and experienced  management team and he will fit right in. Our Joint Venture with nuUnlimited has vast potential across diverse industries in North America and we look forward to capitalize on those opportunities. We are focusing our initial efforts on the Cannabis industry.”

nuUnlimited North America Inc. is a 50/50 Joint Venture between HPIL Holding and nuUnlimited Ltd. (U.K.).

HPIL Holding (http://hpilholding.com) is a diversified holding company listed on OTC Markets. HPIL Holding is focused on investing in both private and public companies in differing business sectors. HPIL Holding does not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, acquires various types of businesses. HPIL Holding also evaluates the acquisition of intellectual properties and technologies.

Safe Harbor / Forward-Looking Statements: Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimate," "expect," "plan," "potential," "seek," and "intend," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

For more information please contact:

HPIL Holding
Investor Relations
Tel:  +1 (248) 750-1015
Email: info@hpilholding.com 

Source: HPIL Holding
Twitter:   https://twitter.com/hpilhold
Web Site:http://www.hpilholding.com
News: http://www.hpilholding.com/news/news.php
HPIL Holding  Tel:  +1(248) 750-1015 

nuUnlimited Ltd, 142 Station Road, Chingford, London, United Kingdom, E4 6AN
web – www.nuunlimited.com
Twitter - https://twitter.com/Nuunlimited
Linkedin - https://www.linkedin.com/company/numbersunlimited-ltd/

HPIL HOLDING issues comprehensive shareholder update

May 17, 2019

MIDLAND, Mich., May 17, 2019 (GLOBE NEWSWIRE) -- HPIL Holding (the "Company") (OTC PINK: HPIL) is pleased to issue a comprehensive shareholder update addressing the status of the company and its subsidiaries.

The Company and the Company’s wholly owned subsidiaries MyFly WiFi Inc., RodDoc Inc., Crypto Currency Engine Inc., Karate Games Company Inc., Global Live Streaming Inc., HPIL Real Estate LLC. have been incorporated in Wyoming. HPIL Holding and nuUnlimited Ltd. UK jointly owned subsidiary nuUnlimited North America Inc. has also been incorporated in Wyoming. A relevant 8K was filed on  March 15, 2019.

The Company has signed a Letter of Intent to purchase property located at 278 E Saginaw Rd, Sanford, MI 48657. A relevant 8K was filed on  April 17, 2019.

MyFly WiFi Inc. is a Proximity Marketing Company. Proximity Marketing, also referred to as Location Aware Advertising (LAA), enables mobile users to receive an advertising message or other customizable content based on their location. LAA allows advertisers to deliver highly customized promotions, coupons and offers to a highly primed individual, specifically taking into account their geographical location, as well as the time of day and other variables. Also, LAA lets advertisers reach their customers when they are primed to make a purchase. MyFly WiFi is finalizing negotiations to market and license our technology in India and use an Indian supplier for some of our back office functions. We are also working with nuUnlimited Limited in the UK to license our technology to them for their UK market. “We recognized the potential for smart locations some time ago and are excited to be able to bring a complete solution together with MyFlyWifi over the coming months,” states Tim Sandford, CEO of nuUnlimited. The project integration work will be carried out in conjunction at nuUnlimited’s development hub in Scotland and at MyFlyWiFi’s offices in Boca Raton, Florida, USA  before the first product is launched in the final quarter of the year globally.

nuUnlimited North America Inc. (NUNA) We are in the process of engaging and bringing on the HPIL team a seasoned manager from a major telecom company to be the President of NUNA. Our initial concentration is selling to Cannabis companies that need to track the provenance of the cannabis from plant to consumer. A white paper on Cannabis is available at http://hpilholding.com/download/Cannabispaper[1127].pdf.  Many Michigan Cannabis companies are locating in the Pinconning Michigan area which is very close to our offices and assisting us in our development and marketing efforts in the Cannabis field.

RodDoc Inc. builds “spiral banding machines” that resurface worn underground drilling rods saving companies thousands in unnecessary expenses.  On February 21, 2019 the U.S. Patent and Trademark Office published U.S. Patent Application No. 2019-0056045-A10 ("Spiral Banding"). The claims of the newly issued patent application are generally directed towards methods of spiral rod banding and identification, including performance of actions following therefrom. The Application generally permits patentees to be eligible for a reasonable royalty for infringement occurring between the publication date and the date the patent is granted. A relevant 8K was filed on  March 12, 2019.

RodDoc has been doing business and marketing to horizontal directional drilling (HDD) companies in Southern New Jersey.  RodDoc’s product and services have been well received and expansion plans are in place.  As proprietary machines are built and deployed, we expect the high value-added proposition to rapidly grow the business. The market for HDD has significantly increased in recent years.

In addition to US domestic deployment, HPIL Holding has initiated discussions with parties in other countries to license and install the RodDoc patent pending process and “Spiral Banding Machine”.  The initial target markets include Canada and Europe. 

Mr. Christopher Philbrick, President of RodDoc, said, “We are working closely with industry experts to develop testing methods to minimize risk of failure while drilling. We are  seeking to make NDT (non destructive testing) reporting standard prior to initiating marketing and growing and expanding our geographic market. This will eliminate a significant hurdle in our business and give customers the peace of mind that they need.”

Karate Games Company Inc. Mr. Ionel Bara, President and Founder of WTOKF (the World Traditional Okinawa Karate Federation), said: "We are consulting with the HPIL development team to define the parameters for the games. We have decided with HPIL to include many of our activities for authentic content. The 2020 Olympics will debut Karate for the first time“. Ray Wong, COO of HPIL commented:“We look forward to helping the WTOKF to expose the ancient sport of karate to a new audience using modern technology."

Global Live Streaming Inc. Mr. Ionel Bara President and Founder of WTOKF said: "We look forward to monetizing our vast library of Karate videos and future events. We will provide HPIL with everything that is needed to make these karate games work . We are confident that it will be a real success, and beneficial to our membership.”

HPIL Real Estate LLC. As previously announced HPIL has signed a Letter of Intent to purchase property located at 278 E Saginaw Rd, Sanford, MI 48657. A relevant 8K was filed on  April 17, 2019.  Mr. Nitin Amersey, Chairman and CEO of HPIL, said, “This property will serve as HPIL Holdings corporate headquarters, main offices of our nuUnlimited North America Inc. Joint Venture and as the primary refurbishment center for our wholly owned RodDoc subsidiary.”

Mr. Amersey, stated, “This action of incorporating our businesses in Wyoming provides us with considerable savings annually in state registration expenditures. The Company’s trading symbol on the OTC will remain unchanged as ‘HPIL.’" Mr. Amersey, also noted, “Our management team is working diligently and effectively to realize our goals. We have many positives at play and intend to keep our shareholders informed as we progress forward. We are actively looking to expand our management team for our various businesses at this time. Our newly appointed CFO Mr. David Langle is working diligently to get us current in our reporting to the SEC.”

HPIL Holding (http://hpilholding.com) is a diversified holding company listed on OTC Markets. HPIL Holding is focused on investing in both private and public companies in differing business sectors. HPIL Holding does not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, acquires various types of businesses. HPIL Holding also evaluates the acquisition of intellectual properties and technologies.

Safe Harbor / Forward-Looking Statements: Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimate," "expect," "plan," "potential," "seek," and "intend," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

For more information please contact:

HPIL Holding
Investor Relations
Tel:  +1 (248) 750-1015
Email: info@hpilholding.com 
inquiry@hpilholding.com
Source: HPIL Holding
Twitter:   https://twitter.com/hpilhold
Web Site:http://www.hpilholding.com
News: http://www.hpilholding.com/news/news.php
HPIL Holding  Tel:  +1(248) 750-1015 
Email: info@hpilholding.com

HPIL HOLDING subsidiary RODDOC, Inc. notified of publication of Patent Application for Spiral Banding

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Source: HPIL HOLDING

MIDLAND, Mich., March 12, 2019 (GLOBE NEWSWIRE) -- HPIL Holding (the "Company") (OTC PINK: HPIL) is pleased to announce that the Company’s subsidiary RodDoc, Inc., has received notice from the U.S. Patent Office that its U.S. Patent Application no. 15/921,573 filed on March 14, 2018 “SPIRAL BANDING”, was published on February 21, 2019 under publication number US 2019-0056045-A1. The claims of the newly issued patent application are generally directed towards methods of spiral rod banding and identification, including performance of actions following therefrom. The Application generally permits patentees to be eligible for a reasonable royalty for infringement occurring between the publication date and the date the patent is granted. A relevant 8K was filed on March 12, 2019.

Mr. Christopher Philbrick, President of RodDoc, said, “This protection will ensure that the investment we have made in the development of the 'spiral banding' process and the custom equipment to accomplish the process remains RodDoc’s Intellectual Property for years to come.  Our market advantage becomes 'first to market' and ownership of the process should competition attempt to enter.” 

The application can now be viewed on-line at: https://portal.uspto.gov/pair/PublicPair

Mr. Ray Wong, COO of HPIL, notes, “This is our first step to establish and secure a primary and dominant position in the highly lucrative worldwide market of underground drilling refurbishment service.”  

Mr. Nitin Amersey, Chairman and CEO of HPIL HOLDING said, “RodDoc Inc., a Wyoming company, and 100% owned subsidiary of HPIL, services the underground construction industry with innovative value-added repairs for expensive wear items.  The global market for Horizontal Directional Drilling in 2018 was $7.37B and is expected to grow at the rate of 13.2% over the next 6 years to USD 17.6 billion.  RodDoc, LLC is uniquely positioned to offer customers a significant cost savings by making repairs to items that wear while drilling.  As the patent pending machines are mass manufactured and placed strategically in the drilling regions globally, we will offer maintenance services within comfortable travel distances to the major drilling customers.

The Spiral Banding machines will be placed with contract manufacturers that exist in the current supply chain already servicing this industry.  We will be able to grow our sales at an expedited rate with this model and capitalize on the thousands of unusable “worn out” components lying in equipment “bone yards” around the world.  Current customers claim that the spiral banded drill rods wear longer than new rods and are a fraction of the cost.”

HPIL Holding (http://hpilholding.com) is a diversified holding company listed on OTC Markets. HPIL Holding is focused on investing in both private and public companies in differing business sectors. HPIL Holding does not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, acquires various types of businesses. HPIL Holding also evaluates the acquisition of intellectual properties and technologies.

Safe Harbor / Forward-Looking Statements: Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimate," "expect," "plan," "potential," "seek," and "intend," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

For more information please contact:

HPIL Holding
Investor Relations
Tel:  +1 (248) 750-1015
Email: info@hpilholding.com 
Source: HPIL Holding
Twitter:   https://twitter.com/hpilhold
Web Site: http://www.hpilholding.com
HPIL Holding Tel:  +1(248) 750-1015 
Email: info@hpilholding.com

HPIL HOLDING signs MOU with the World Traditional Okinawa Karate Federation to jointly develop and market Karate Video Game for various platforms

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Source: HPIL HOLDING

MIDLAND, Mich., Feb. 08, 2019 (GLOBE NEWSWIRE) -- HPIL Holding (the "Company") (OTC PINK: HPIL) is pleased to announce that the Company has signed an MOU with the World Traditional Okinawa Karate Federation –The World Karate Governing Body (WTOKF) with the intention for HPIL to design and develop a Karate-based Video Game with WTOKF providing technical expertise. The WTOKF will market the Karate Game to its entire membership. HPIL will offer the Karate Game to various markets.

The global gaming market is expected to exceed $180 billion in revenues in 2021, growing 30.6% from $137.9 billion in 2018. At $70.3 billion, the mobile gaming industry accounts for more than half of all global gaming revenue There are over 1 Billion active Apple (IOS) devices and over 2 Billion active Android devices. HPIL will develop for the Smartphone market initially, targeting both the Apple and Android Operating Systems.  

HPIL HOLDING previously filed an 8K with the Securities and Exchange Commission (SEC) regarding the Company’s intention to develop a martial arts karate game.

Mr. Ray Wong, COO of HPIL HOLDING, said, “We are in the process of identifying software developers and programmers to contract with HPIL in order to develop the game.”

Mr. Ionel Bara, Founder of WTOKF, said,  “Karate is expected to make its debut appearance at the Summer Olympics in 2020 in Tokyo, Japan. Now is the opportune time to develop and market a Karate game with the WTOKF to bring more awareness of Karate to a younger and larger world wide audience. The WTOKF has a base of 84 countries in the world in its constituent associations.”

HPIL Holding (http://hpilholding.com) is a diversified holding company listed on OTC Markets. HPIL Holding is focused on investing in both private and public companies in differing business sectors. HPIL Holding does not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, acquires various types of businesses. HPIL Holding also evaluates the acquisition of intellectual properties and technologies.

Safe Harbor / Forward-Looking Statements:
Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimate," "expect," "plan," "potential," "seek," and "intend," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

For more information please contact:

HPIL Holding

Investor Relations
Tel:  +1 (248) 750-1015
Email: info@hpilholding.com 

Source: HPIL Holding

Twitter:   https://twitter.com/hpilhold

Web Site: http://www.hpilholding.com

HPIL Holding  Tel:  +1(248) 750-1015 

Email: info@hpilholding.com

HPIL HOLDING Announces Appointment of Ray Wong as New Chief Operating Officer and David Langle as New Chief Financial Officer

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Source: HPIL HOLDING

MIDLAND, Mich., Feb. 06, 2019 (GLOBE NEWSWIRE) -- HPIL Holding (the "Company") (OTC PINK: HPIL) is pleased to announce that Mr. Ray Wong has been appointed Chief Operating Officer of the company and Mr. David C. Langle has been appointed Chief Financial Officer of the company.

Mr. Wong is currently CEO of MyFlyWiFly Inc. an HPIL subsidiary acquired in 2018, whereby he will retain that position. Mr. Wong has previously served as Chief Technology Officer for two publicly traded companies. Mr. Wong is a serial entrepreneur who has owned, managed and operated various businesses in diverse industries for over thirty years ranging from a multi-location farming concern to founding and operating a Boca Raton, Florida based Tech Firm.

Mr. Ray Wong said “I am grateful for the Board’s confidence in me and for this opportunity to work with Mr. Amersey and our subsidiaries. I am excited about the Company’s future and my part in it.”

Mr. Nitin Amersey, Chairman and CEO of HPIL HOLDING, said, “Mr. Wong is a valuable and central addition to our Management Team. His experience, expertise and vision will serve our goals well. These key appointments will allow HPIL to achieve our long-term strategy.”

Mr. Langle, age 68, is an accomplished financial and managerial professional with a broadly diversified background and over thirty-five years of experience in public and private accounting, consultant to various companies and in top management positions and directorships with major companies, primarily in public organizations.  Mr. Langle, a former Florida certified public accountant since 1985, has an extensive history as CFO and in other senior management roles for various publicly and privately held companies in the technology, healthcare, manufacturing, and telecommunications industries. Mr. Langle currently also serves as Chief Financial Officer for other US public companies listed on the OTC stock exchange.

He has secured and/or led over $150 million in equity and debt transactions and has negotiated and participated in more than a dozen combined acquisitions and divestitures. His many years of Securities and Exchange reporting experience include quarterly & annual filings, registration statements and initial public offerings. His leadership talents and core executive strengths include domestic and international venues, equity financing, mergers and acquisitions. David holds a BS/Accounting degree from the University of Illinois at Chicago. He began his public accounting career with Blackman Kallick LLP, a major Chicago based CPA firm and subsequently to the Miami office of Spicer & Oppenheimer, an international accounting and consultancy firm.

Mr. David Langle said “It’s an exciting time to be part of the HPIL team as its it grows further into a valuable public organization. I look forward to work with Mr. Amersey and contribute to the development of its financial architecture for long-term stability, growth and industry leadership.”

“The Board and I are very pleased with the appointment of David Langle as Chief Financial Officer,” said Mr. Nitin Amersey, Chairman and CEO of HPIL HOLDING. “Mr. Langle brings decades of experience in the finance, accounting, securities regulation, and business development fields. He will be an important member of our Management Team. We are continuing to look for additional personnel and staff to fill out our management team.”

HPIL Holding (http://hpilholding.com) is a diversified holding company listed on OTC Markets. HPIL Holding is focused on investing in both private and public companies in differing business sectors. HPIL Holding does not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, acquires various types of businesses. HPIL Holding also evaluates the acquisition of intellectual properties and technologies.

Safe Harbor / Forward-Looking Statements:
Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimate," "expect," "plan," "potential," "seek," and "intend," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

For more information please contact:

HPIL Holding

Investor Relations
Tel:  +1 (248) 750-1015
Email: info@hpilholding.com

Source: HPIL Holding

Twitter: https://twitter.com/hpilhold
Web Site: http://www.hpilholding.com
HPIL Holding Tel:  +1(248)750-1015 
Email: info@hpilholding.com 


HPIL HOLDING’s Joint Venture with nuUnlimited North America launches innovative Cannabis Provenance Platform

 
Source: HPIL HOLDING
 
 

MIDLAND, Mich., Feb. 05, 2019 (GLOBE NEWSWIRE) -- HPIL Holding (the "Company") (OTC PINK: HPIL) is pleased to announce that the Company’s Joint Venture Partner, nuUnlimited Ltd. of the U.K.  has launched their Cannabis Provenance Platform. The Joint Venture will be known as nuUnlimited North America Inc.

Details on the nuUnlimited Cannabis Provenance Platform can be found at this link https://www.slideshare.net/numberstim/cannabis-white-paperand at http://hpilholding.com/news/files/Cannabis%20White%20Paper.pdf.  Provenance is the chronology of the creation, ownership, custody or location of an item. In this case it tracks a particular batch of Cannabis from seed to final consumption in an acceptable form. The primary purpose of tracing the provenance of a particular batch of cannabis is to provide contextual and circumstantial evidence for its original planting, production, harvesting, and as far as practicable, its later history. Specifically the sequence of the later history of the product, including the sequences of its formal ownership, custody, places of storage and eventual consumption by a customer are possible through the platform. In the cannabis industry this is often mandated by governmental regulation.

Mr. Nitin Amersey, Chairman and CEO of HPIL HOLDING, said, “We are of the opinion that this is a major innovation in that it provides a level of detail and continuous tracking at a very effective cost compared to existing product and technology. It also permits the grower / manufacturer to brand his product right through to final consumption. The technology and solution is also applicable to other areas such as the tainted lettuce problem, and enables manufacturers in a wide range of product areas to obtain critical and useful information throughout the product chain. The nuUnlimited solution builds on the original grow or manufacturing source to capture and store relevant information about a product. In this case, cannabis, from seed to consumption. The provenance is built dynamically as new data is added so that by the time the product is in the consumer’s hand the entire history can be seen."

The nuProduct builds a picture of value to consumers and medical users who can see how much care a producer takes to deliver a high quality product. For the producer, the provenance provides a rich set of insights into the consumer, the content access via the app, and the journey from factory to end user.

HPIL HOLDING previously filed an 8K with the Securities and Exchange Commission (SEC) on Nov 6, 2018 regarding the Company’s intention to form a Joint Venture (“JV”) with nuUnlimited Limited. A press release on the JV was issued on Nov 8, 2018.

In 2018 legal marijuana was a $10.4 billion industry in the U.S.  with a quarter-million jobs devoted just to the handling of marijuana plants, said Beau Whitney, Vice President and Senior Economist at New Frontier Data, a leading cannabis market research and data analysis firm. Cannabis investment topped $10 billion In North America in 2018. Almost two-thirds of U.S. states have already legalized Medical Marijuana with others following suit. Recreational Marijuana is now legal in 10 States. Another 13 States have decriminalized aspects of marijuana. In the United States, the use and possession of cannabis is illegal under federal law for any purpose, by way of the Controlled Substances Act of 1970. Under the CSA, cannabis is classified as a Schedule I substance, determined to have a high potential for abuse and no accepted medical use – thereby prohibiting even medical use of the drug.  The country of Canada has also fully legalized the recreational and medical marijuana industries albeit in a highly regulated manner.

The nuUnlimited platform provides a detailed provenance history and meets the requirements of the cannabis industry effectively and at a very reasonable and competitive price. 

Mr. Ray Wong, COO of HPIL HOLDING, said, “The Cannabis Provenance Platform will provide a ‘seed to consumption’ audit and accountability unparalleled in the industry. The potential market in North America for our services is large and growing. Our JV partner has the technical knowledge and know how  to take full advantage of what we believe is a very functional and marketable product.”

Mr. Tim Sandford, CEO of nuUnlimited, said, “Our goal is to establish our mobile platform as the ‘go to’ solution for any brand producing products that require or benefit from a detailed provenance history as part of the consumer engagement process. The cannabis industry is a sector where regulation and rapidly growing consumer demand for more information on the products they use, makes our Cannabis Provenance solution a perfect fit. The cannabis provenance solution is the first of a number of industry specific solutions we will be launching in North America in conjunction with our JV partner HPIL Holding this year.”

Mr. Nitin Amersey, Chairman and CEO of HPIL HOLDING, said, “Our management team has worked with nuUnlimited and assisted them in developing this platform. We are pleased to have contributed to its development and look forward to developing the market in Canada and the USA for this platform.”

HPIL Holding (http://hpilholding.com) is a diversified holding company listed on OTC Markets. HPIL Holding is focused on investing in both private and public companies in differing business sectors. HPIL Holding does not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, acquires various types of businesses. HPIL Holding also evaluates the acquisition of intellectual properties and technologies.

Safe Harbor / Forward-Looking Statements:
Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimate," "expect," "plan," "potential," "seek," and "intend," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

 

 

 

AGREED ORDER APPROVING SETTLEMENT AGREEMENT AND STIPULATION FOR DISMISSAL 

Forward-Looking Statements

This Current Report and other written and oral statements made from time to time by us may contain so-called “forward-looking statements,” all of which are subject to risks and uncertainties.  Forward-looking statements can be identified by the use of words such as “expects,” “plans,” “will,” “forecasts,” “projects,” “intends,” “estimates,” and other words of similar meaning.  One can identify them by the fact that they do not relate strictly to historical or current facts.  These statements are likely to address our growth strategy, financial results and product and development programs.  One must carefully consider any such statement and should understand that many factors could cause actual results to differ from our forward looking statements.  These factors may include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not.  No forward looking statement can be guaranteed and actual future results may vary materially.

Information regarding market and industry statistics contained in this Current Report is included based on information available to us that we believe is accurate.  It is generally based on industry and other publications that are not produced for purposes of securities offerings or economic analysis.  We have not reviewed or included data from all sources, and cannot assure investors of the accuracy or completeness of the data included in this Current Report.  Forecasts and other forward-looking information obtained from these sources are subject to the same qualifications and the additional uncertainties accompanying any estimates of future market size, revenue and market acceptance of products and services.  We do not assume any obligation to update any forward-looking statement.  As a result, investors should not place undue reliance on these forward-looking statements.

ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

Settlement Agreement with 912 Capital & Order of Court in Polk County, Florida on January 9th, 2019.

The description of the Settlement Agreement & Order of the Court does not purport to be complete. The Plaintiff is 912 Capital Inc. and the Defendant is HPIL Holding.

THIS CAUSE came before the Court on 9th day of January, 2019 on the parties' stipulated to "Motion for Ordering Approving Settlement and Dismissing Case." This court, having reviewed the party's pleadings, exhibits, Settlement Agreement and Stipulation for Dismissal attached thereto, having heard the representations and arguments of counsel, and otherwise being fully advised in the premises, it is
ORDERED, ADJUDGED and DECLARED that

  1. A hearing upon the fairness of the terms and conditions of the Settlement Agreement and Stipulation (hereafter "the Settlement") attached to the parties' Joint motion for Order Approving Settlement and Dismissing Case was conducted on the date of this Order, in accordance with Section 3(a) (10) of the U.S. Securities Act of 1933 (15 U.S.C. SEC 77c (a) (10) and Rule 69W-500.014, F.A.C. No objection to the settlement agreement nor the proposed order was made by any party or persons.
  2. Plaintiff owns bona fide claims (Claims) against defendant in the aggregate amount of

($459,618.18) four hundred fifty-nine thousand, six hundred eighteen dollars and eighteen cents, plus attorney's fees and costs. Defendant has not paid the amounts due on the claims. Plaintiff filed the above-captioned collection action, which the parties now seek to settle their dispute in a manner that results in the retirement of debt off the books of the original debtor and provides unrestricted stock to the Plaintiff. In full settlement of the claims, the Defendant shall issue and deliver to the Plaintiff, in one or more tranches, as necessary, shares of freely trading common stock pursuant to Section 3(a)(l 0) of the Securities Act of 1933 until Plaintiff's total gross sales of such stock equals ($766,030.30) seven hundred sixty-six thousand thirty dollars and thirty cents (the settlement shares) plus a total of 33,333,333 additional shares of common stock ("the free shares") to cover certain expenses incurred by Plaintiff during the Settlement process.
C. All persons to whom it is proposed to issue securities in exchange for securities pursuant to the settlement had the right appear, no impediment to their right to appear was found, and they were duly served with notice to this hearing for the entry of an Order Determining the fairness of the terms and conditions of the Settlement. Plaintiff filed a public notice of this hearing on the Polk County Clerk's public docket in excess of ten days from this hearing.
D. Defendant filed an Answer to the Complaint admitting all of the allegations, asserting as an affirmative defense that the parties had entered into the Settlement, and both parties' attorneys of record executed the subject Joint Motion wherein they agreed to submit a proposed Agreed Order to the Court approving the settlement pursuant to Section 3 (a)(l0) of the U.S. Securities Act of 1933 (15 U.SC. 77c(a)(10)) BS RULE 69w-500.014, F.A.C.
E. The settlement was reviewed by the Defendant's Board of Directors. Defendant provided evidence that it is in the best interests of the corporation to retire the debt itemized in the complaint by using its common stock pursuant to the 1933 Securities Act's 3 (a)(l0) exemption. Having considered the fairness of the terms and conditions of the issuance of securities and exchange for debt set forth in the Settlement, the Court finds that the issuance and exchange of securities for debt set forth in the securities registration requirements of chapter 517, Florida Statues is fair and equitable.

UNREGISTERED SALES OF EQUITY SECURITIES.
The issuances of Common Stock pursuant to the terms of the Settlement Agreement, approved by the Order, are exempt from the registration requirements of the Securities Act pursuant to Section 3(a)(10) thereof, as an issuance of securities in exchange for bona fide outstanding claims, where the terms and conditions of such issuances are approved by a court after a hearing upon the fairness of such terms and conditions at which all persons to whom it is proposed to issue securities in such exchange shall have the right to appear.

 

For more information please contact:

HPIL Holding

Investor Relations
Tel:  +1 (248) 750-1015
Email: info@hpilholding.com 

Source: HPIL Holding

Twitter:  https://twitter.com/hpilhold

Web Site: http://www.hpilholding.com

HPIL Holding Tel:  +1(248) 750-1015 

Email: info@hpilholding.com

 
 
 
 
 

HPIL HOLDING

announces Joint Venture (JV) agreement with nuUnlimited for their technology

 
GlobeNewswireNovember 8, 2018
 
 
 

 

 

 

 

 

 

 

 

 

 

MIDLAND, Mich., Nov. 08, 2018 (GLOBE NEWSWIRE) -- HPIL Holding (the "Company") (OTC PINK : HPIL ) is pleased to announce that it has completed the agreement with nuUnlimited contemplated in the Memorandum of Understanding filed on the Securities and Exchange Commission EDGAR system on September 17, 2018 and in a press release issued on September 19, 2018 http://www.globenewswire.com/news-release/2018/09/19/1573257/0/en/HPIL-Holding-Signs-MOU-with-Numbers-Unlimited-Limited-of-the-UK.html . An 8K with the relevant information was filed on the Securities and Exchange Commission EDGAR system on November 5, 2018.

Numbers Unlimited Limited has changed its name to nuUnlimited Limited.

As traditional retail models continue to struggle and big brands use their corporate muscle to dominate both traditional and online retail, it has never been harder for innovative, exciting consumer brands to establish themselves and succeed.

nuUnlimited’s unique app platform, ~retail™, is designed exclusively for growing brands. ~retail™ provides the suite of tools and capabilities that consumer brands need to: 

  1. Engage tech savvy consumers directly from their product when curious consumers are most likely to want information.
  2. Cultivate trusted, personalized and direct relationships on terms that suit the brand and the individual consumer.
  3. Manage essential business functions like marketing, logistics, product warranties, supply chains, direct sales, subscriptions and others.
  4. Gain real, usable insight on customer behavior through the platform and then apply it to direct marketing and sales campaigns through the platform. 

Over 70% of consumers now shop on their mobile phones, but the cost of implementing the kind of solution outlined above is normally way beyond the budgets of most growing brands and small to midsize companies with tight budgets. The ~retail™ business model means that even the smallest brands can now have full access to the same kind of tools and insight that the world’s biggest brands rely on to manage and grow their businesses.

There is a natural overlap and harmony between the MyFlyWi Technology and the nuUnlimited Platform and a number of mutual target sectors. These include the retail consumer space initially before widening out into healthcare and mobile business process management for B2B companies. HPIL is focused on and is in the process of securing its capital base for its technology ventures and in building its management team.

Mr. Paul Carter, CFO of nuUnlimited Limited, said, “We identified, right from the start, that the North American market is key to the success of our business and we recognized that establishing an effective JV partnership with a US based business would be the most efficient structure to achieve our objectives.  HPIL satisfies all our criteria perfectly. We are delighted that HPIL has recognized the potential of our technologies and look forward to developing the market in North America through this partnership and Joint Venture.  The shareholding that HPIL has taken in us and our shareholding that we have taken in the JV Company shows our commitment to work alongside each other as a partnership, in the truest sense of the word.”

Mr. Tim Sanford, CEO of nuUnlimited Limited, said, “While our focus is on being the global leader in our target sectors, we have always known that every market has its own unique preferences, expectations and requirements. To ensure that we are in tune with each market, our plan has always been to have quality local partners in each market. In our view, HPIL makes the ideal partner for us to develop the North American market. The leadership team is experienced, driven and shares our passion for building a business that delivers real value to everyone.”

Mr. Tim Sanford further said, “Having a local partner in each target territory, ensures that we can grow our business and brand faster but, just as importantly, it means that the economy of that territory benefits through the growth of our local partner. We consider this mutual benefit to be essential to the growth and success of the business we have set out to build. The scope and structure of the JV with HPIL is unique and is not something that we will repeat in other markets. This is a reflection of the importance we collectively place on the relationship between the UK and North American markets, which will become even more important than they already are in the coming years. As the politics of business and its place in the world changes and evolves, our technologies and solutions will play a leading role in enabling individual consumers to make choices that suit their personal preferences, whether those preferences are ethical, environmental, local or social.”

Mr. Nitin Amersey, Chairman and CEO of HPIL HOLDING, said, “We at HPIL are very pleased with our recent accomplishments. The Proximity Marketing acquisition through MyFlyWiFi plus the Joint Venture and licensing agreement with nuUnlimited are key to our technological, global business strategy. The natural synergy between these two great technologies and the good people involved are the foundation for our plans for expansion.  There is an additional Software/Tech acquisition in the media/film/Television industry which is under discussion and hope to finalize. We will then focus on executing our business plan and on financing it. We plan on keeping our shareholders informed as developments and news arise.”

 

HPIL Holding announces acquisition of assets and IP of Underground Drilling Service business

MIDLAND, Mich., Oct. 26, 2018 (GLOBE NEWSWIRE) -- HPIL Holding (the "Company") (OTC PINK : HPIL ) is pleased to announce that it has completed the acquisition of an Underground Drilling Service Business known as RodDoc Inc. from Christopher Philbrick and Frank Dougherty of New Jersey. The acquisition of the assets and IP of RodDoc Inc. was made in  exchange for HPIL restricted stock.  An 8K with the relevant information was filed on the Securities and Exchange Commission Edgar system on October 19, 2018.

RodDoc builds “spiral banding machines” that resurface worn underground drilling rods saving companies thousands in unnecessary expenses.  Currently a patent is pending for the machine and the process.

RodDoc has been doing business and marketing to horizontal directional drilling (HDD) companies in Southern New Jersey.  RodDoc’s product and services have been well received and expansion plans are in place.  As proprietary machines are built and deployed, we expect the high value-added proposition to rapidly grow the business. The market for HDD has significantly increased in recent years.

In addition to US domestic deployment, HPIL Holding has initiated discussions with parties in other countries to license and install the RodDoc patent pending process and “Spiral Banding Machine”.  The initial target markets include Canada and Europe. 

Mr. Christopher Philbrick, the CEO of RodDoc, said, "We at RodDoc are very excited with our synergies with HPIL Holding. Combining our innovative technology with HPIL’s strategic plans, access to funds and contacts, we see scalability and fast growth ahead. I am personally looking forward to the international reach and opportunities that this association will bring." 

Mr. Nitin Amersey, Chairman and CEO of HPIL Holding, said, "We are beginning to execute on our plans and look forward to developing the underground drilling service business. We will also very shortly be providing shareholders with further information on the structure of the Company and plans to become current in our reporting. We have also been evaluating other technologies and expect to conclude the transactions shortly.” 

HPIL Holding (http://hpilholding.com) is a diversified holding company listed on OTC Markets. HPIL Holding is focused on investing in both private and public companies in differing business sectors. HPIL Holding does not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, acquires various types of businesses. HPIL Holding also evaluates the acquisition of intellectual properties and technologies. 

Safe Harbor / Forward-Looking Statements: Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimate," "expect," "plan," "potential," "seek," and "intend," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof. Fairness Hearing scheduled for Jan 9, 2019.

For more information please contact: 

HPIL Holding 
Peter Nicosia 
Tel: +1 (248) 750-1015 
Email: info@hpilholding.com 

Source: HPIL Holding 

Twitter: https://twitter.com/hpilhold 

Web Site: http://www.hpilholding.com 

 

 

 

 




HPIL HOLDING announces acquisition of assets of Proximity Marketing business
MIDLAND, Mich., Aug. 27, 2018 (GLOBE NEWSWIRE) -- HPIL Holding (the "Company") ( OTC PINK : HPIL ) is pleased to announce that it has completed the acquisition of a Proximity Marketing Business known as MyFlyWiFi (http://myflywifi.com/) from My Boca Holdings Inc. and Mr. Ray Wong of Boca Raton, Florida. The acquisition of the assets of My Boca Holdings Inc. was made in in exchange for HPIL restricted stock.

Proximity Marketing, also referred to as Location Aware Advertising (LAA), enables mobile users to receive an advertising message or other customizable content based on their location. LAA allows advertisers to deliver highly customized promotions, coupons and offers to a highly primed individual, specifically taking into account their geographical location, as well as the time of day and other variables. Also, LAA lets advertisers reach their customers when they are primed to make a purchase.

Analysts predict that click-through rates on LAA can be five to ten times (or more) higher than click-through rates on Internet advertising messages. The flexibility of the MyFlyWiFi Platform allows interactive content such as surveys in a hospital setting or personalized coupon redemption in a retail space.

In addition to US domestic deployment, HPIL Holding has initiated discussions with parties in other countries to license and install the MyFlyWiFi Technology. The initial target markets include Canada and Europe.

Mr. Ray Wong, the CEO of MyFlyWiFi, said, "We at MyFlyWiFi are very pleased with our collaboration with HPIL Holding. Combining our technology with HPIL’s strategic plans, access to funds and contacts, we see good successes ahead. I am personally looking forward to the international reach and opportunities that this association will bring."

Mr. Nitin Amersey, Chairman and CEO of HPIL Holding, said, "We are beginning to execute on our plans and look forward to developing the Location Aware Advertising (LAA) business. We will also very shortly be providing shareholders with further information on the structure of the Company and plans to become current in our reporting. We have also been evaluating two other technologies and expect to conclude the transactions shortly.”

HPIL Holding (http://hpilholding.com) is a diversified holding company listed on OTC Markets. HPIL Holding is focused on investing in both private and public companies in differing business sectors. HPIL Holding does not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, acquires various types of businesses. HPIL Holding also evaluates the acquisition of intellectual properties and technologies.

Safe Harbor / Forward-Looking Statements: Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimate," "expect," "plan," "potential," "seek," and "intend," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

For more information please contact:
HPIL Holding
Peter Nicosia
Tel: +1 (248) 750-1015
Email: info@hpilholding.com

Source: HPIL Holding

Twitter: https://twitter.com/hpilhold

Web Site: http://www.hpilholding.com
 

HPIL HOLDING Acquires Unique Browser Based Crypto Currency License

APRIL 5, 2018

SANFORD, Mich., April 05, 2018 (GLOBE NEWSWIRE) — HPIL HOLDING (the “Company”) (OTC Pink:HPIL) filed an 8K with the Securities and Exchange Commission (SEC) on March 29, 2018 regarding the acquisition of a Crypto Coin (Cryptocurrency) mining license for the technology under the United States Patent and Trademark Office (USPTO) for a “Browser Based Crypto Currency Miner” (USPTO Provisional Patent number 62614253). A preliminary press release was also issued on March 30th, 2018. The Company announced the signing of an agreement with Virtual Solutions Ventures LLC for technology developed under its provisional patent for a browser based coin mining license. Initially the Company chose the Monero coin for its licensing. It is also discussing the prospect of mining other cryptocurrencies including the Bitcoin. The technology allows the mining of a cryptocurrency using a basic browser.

“Decentralized cryptocurrency is produced by the entire cryptocurrency system collectively, at a rate which is defined when the system is created and which is publicly known. In centralized banking and economic systems such as the Federal Reserve System, corporate boards or governments control the supply of currency by printing units of fiat money or demanding additions to digital banking ledgers. In case of decentralized cryptocurrency, companies or governments cannot produce new units, and have not so far provided backing for other firms, banks or corporate entities which hold asset value measured in it. The underlying technical system upon which decentralized cryptocurrencies are based was created by the group or individual known as Satoshi Nakamoto.

“As of September 2017, over a thousand cryptocurrency specifications exist; most are similar to and derive from the first fully implemented decentralized cryptocurrency – bitcoin. Within cryptocurrency systems the safety, integrity and balance of ledgers is maintained by a community of mutually distrustful parties referred to as miners: members of the general public using their computers to help validate and timestamp transactions, adding them to the ledger in accordance with a particular timestamping scheme. Miners have a financial incentive to maintain the security of a cryptocurrency ledger.

“Most cryptocurrencies are designed to gradually decrease production of currency, placing an ultimate cap on the total amount of currency that will ever be in circulation, mimicking precious metals. Compared with ordinary currencies held by financial institutions or kept as cash on hand, cryptocurrencies can be more difficult for seizure by law enforcement. This difficulty is derived from leveraging cryptographic technologies.” – (Source: n.d. in Wikipedia.).

It should be noted that the US Securities and Exchange Commission has made several cautionary statements regarding Cryptocurrencies and Coin offerings and the technologies associated with them. A statement from the SEC Chairman Mr. Jay Clayton can be found here https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11. The Company aims to ensure that it is compliant with all SEC regulations on the subject matter and that intends to be compliant with all registration and other requirements under US securities laws.

A Managing Member of Virtual Solution Vendors LLC said, “We have developed a unique revolutionary technology for the mining of Cryptocurrencies. When you mine for gold, you either find it or you do not. With our software & provisional patent, gold is all around you. It’s how effective you are that matters.”

The Member further said “One average computer running several hours a day can, on the low side, make a few cents a day. This is comparatively nothing and a real CPU rig for mining cryptocurrencies would do far better than that. However our software is meant for the masses running average computers. We would recommend at least a thousand users running the software on at least average computers. Thus the potential for a thousand computers is up to about a few hundred dollars a day or in the low five figures a month. Our software also runs on cellular phones, many video cameras and on most “internet of things” (IoT) devices. Our real goal is for HPIL HOLDING to build its sublicensees and its contract base benefiting both HPIL HOLDING and our company. HPIL can also sub license the software to cellular app creators to run with their software.”

Mr. Ionel Bara, President of the WTOKF (the World Traditional Okinawa Karate Federation), said, “We are very interested in using this license acquired by HPIL HOLDING to promote amongst our million plus member base so as to generate funds for the development of our member associations and for the sport of Karate.”

Mr. Nitin Amersey, Chairman and CEO of HPIL HOLDING said, “We acquired this cryptocurrency technology with the specific prospect of developing it.  We will be actively seeking sub-licensees for this business as we create a revenue channel for HPIL. This technology also fits in well with the previously announced planned acquisition of the Live Youth Sports Network which installs High Definition (HD) streaming video cameras in athletic venues in schools.”

Safe Harbor / Forward-Looking Statements:

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” “plan,” “potential,” “seek,” and “intend,” among others. These forward-looking statements are based on the Company’s current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company’s forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

The Company is also actively negotiating to acquire businesses and technologies that it sees as being synergistic to its business plan.

HPIL HOLDING (http://HPILHOLDING.COM) is a holding company quoted on OTC Markets
 

HPIL HOLDING announces licensing of cryptocurrency mining technology

APRIL 2, 2018

SANFORD, Mich., March 29, 2018 (GLOBE NEWSWIRE) — HPIL HOLDING (the “Company”) (OTC Pink:HPIL) announced that it has signed an agreement with Virtual Solutions Ventures, LLC of Cheyenne, Wyoming whereby it has acquired a license for a browser-based technique of cryptocoin mining. This is a revolutionary method to mine alternative cryptocurrencies. Virtual Solutions Ventures has a Provisional Patent From the United States Patent & Trade Office (USPTO).

The Company is in the process of deploying a marketing plan to utilize its license and generate revenues from this technology.

The Company is vigorously involved in getting its long-delayed Quarterly report filed and get the Company current. The Company is also actively negotiating to acquire businesses and technologies that it sees as being synergistic with its business plan.

Safe Harbor / Forward-Looking Statements:

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” “plan,” “potential,” “seek,” and “intend,” among others. These forward-looking statements are based on the Company’s current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, substantial competition; our possible need for financing; uncertainties of technological changes; and dependence upon third parties. The Company does not undertake an obligation to update or revise any forward-looking statement. All of the Company’s forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date hereof.

For more information on Virtual Solutions Ventures, LLC & the cryptocurrency mining technology please go to http://hpilholding.com/landing/landing1/

HPIL HOLDING (http://HPILHOLDING.COM) is a holding company quoted on OTC Markets.