HPIL Holding (HPIL) Updates Shareholders and Announces a Conference Call

Rhea-AI Summary

HPIL Holding (OTC: HPIL) announced key updates for shareholders on February 2, 2022. The company plans to file financial disclosures and an attorney's letter by the weekend, while concurrently working on its 10K year-end audit. A shareholders meeting will occur on February 24, 2022, with significant updates anticipated regarding the "ZIPPA" and "MALLHALLA" projects. CEO Stephen Brown emphasizes aggressive development efforts. Importantly, forward-looking statements in the release highlight risks such as market conditions and competitive factors that could impact future performance.

Positive

• Expected financial disclosures and attorney letter filing before the weekend.
• Shareholders meeting on February 24 to provide substantial updates.
• Focus on the "ZIPPA" and "MALLHALLA" projects indicates active business development.

Negative

• Forward-looking statements include risks related to market conditions and competitive factors.
• Reliance on future developments raises uncertainty regarding project success.

VANCOUVER, BC, Feb. 2, 2022 /PRNewswire/ -- HPIL Holding (the "Company") (OTC: HPIL)

The previous Press Releases that some shareholders may have missed are here: https://www.hpilholding.ca/latest

The company expects to have the financials to correspond with the recent Disclosure filings along with an Attorneys letter filed by the weekend, along with the company is simultaneously working on the audit for the 10K year end.

The Company also would like to announce a shareholders meeting that will be held by Stephen Brown, David Postula and the Apogee team live on February 24^th at 2:PM PST. The zoom link will be posted at www.hpilholding.ca five days prior to the call. The company is open to receiving questions via email at info@hpilholding.ca until February 23^rd.

"We are aggressively working on both "ZIPPA" and our Metaverse project "MALLHALLA" and will be giving substantial updates and milestones on the conference call", said Stephen Brown CEO.

Safe Harbor: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filing.

For more information:  
HPIL Holding
1720 650 West Georgia St
Vancouver, BC V6B 4N8
Contact: Stephen Brown, CEO
www.hpilholding.ca
info@hpilholding.ca
Ph: (778) 819-1956

View original content:https://www.prnewswire.com/news-releases/hpil-holding-hpil-updates-shareholders-and-announces-a-conference-call-301474081.html

SOURCE HPIL Holding

FAQ

What updates did HPIL Holding provide on February 2, 2022?

HPIL Holding announced plans for financial disclosures and an upcoming shareholders meeting to discuss project updates.

When is the HPIL shareholders meeting scheduled?

The HPIL shareholders meeting is scheduled for February 24, 2022.

What projects is HPIL Holding focusing on?

HPIL Holding is focusing on the "ZIPPA" project and the "MALLHALLA" Metaverse initiative.

What are the potential risks mentioned in HPIL Holding's press release?

The press release outlines risks including market conditions and competition that may affect the company's performance.