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HPIL Holding provides updates on key business items as discussed during the quarterly conference call on February 24, 2022. The company is making strides in filing updates with support from accounting and legal experts, aiming for compliance soon. The gaming project Solomon's Revenge is on track for a spring/summer 2022 launch, while ZIPPA is advancing with over 50% completion of features. A new marketing leader is being sought to enhance brand strategy. Additionally, HummToken acquisition is progressing, with a launch expected at the end of Q2.
HPIL Holding (OTC: HPIL) has announced the successful completion of its first corporate share issuance since new leadership took over in April 2021. This issuance is aimed at supporting significant developments, including the acquisition of core businesses and intellectual property, as well as assembling a foundational team. The company plans to file an OTC Attorney Letter by February 23, 2022, and complete its 2021 year-end filing. CEO Stephen Brown expressed confidence in the progress made and looks forward to future updates during an upcoming conference call on February 24, 2022.
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.
HPIL Holding (OTC-PINK: HPIL) has announced that after discussions with its auditors and the OTC Markets, it will complete an ongoing audit expected in 4-6 weeks. This decision aims to ensure compliance with OTC and SEC standards, thereby addressing past filing issues. CEO Stephen Brown emphasized the need for professional assistance to facilitate this process, allowing the company to focus on business growth. The completion of the audit is anticipated to provide shareholders with confidence in HPIL's financial reporting.
HPIL Holding (OTC: HPIL) announced that its division, Apogee Dynamics, has been selected as a Finalist in Mitsubishi Chemical Advanced Materials' High-Temperature Carbon-Fiber 3D Printing Challenge. Apogee Dynamics submitted a design called Electric Propulsion: Electrodynamic Profile Ramping, showcasing advanced 3D printing capabilities using Mitsubishi’s KyronMax. This design is intended for the Apogee Powertrain and products like the Apogee D7 EV and MotoCzysz Electric Motorcycle. Apogee Dynamics' President expressed excitement over this recognition and encouraged supporters to vote in the competition.
HPIL Holding (OTC: HPIL) announces its mobile game "GET SANTA" will officially launch on December 1st, 2021. The company is also advancing its ZIPPA project, expecting to present a Beta run in early January. CEO Stephen Brown acknowledged challenges in achieving Pink compliance due to past documentation issues, but new legal and financial teams are addressing these hurdles. The company remains positive despite risks associated with market conditions and product acceptance.
HPIL Holding (OTC: HPIL) announces the upcoming launch of its mobile game, SANTA RUN, developed by its subsidiary, World Gaming Group. This holiday-themed endless runner game is designed for players of all ages, offering opportunities to win prizes through competitive scoring. CEO Stephen Brown expressed optimism that the game could generate revenues in the billions, similar to the success of CANDY CRUSH. The announcement includes forward-looking statements about potential risks and market acceptance of the game.
HPIL Holding's World Gaming Group has completed the ZIPPA platform and is set to launch it formally in mid-December 2021. Currently in internal beta testing, ZIPPA will include Pro-Gamer partners in a November beta program to enhance marketing and platform insights. The company aims to distinguish ZIPPA from competitors like TikTok and Triller, focusing on the lucrative eSports market. With projected revenues significantly higher than traditional platforms, the CEO expresses confidence in expanding into similar markets in 2022.
HPIL Holding (OTC: HPIL) has signed a Letter of Intent to collaborate with the Michael Czysz estate to develop a proof-of-concept Electric Motorcycle utilizing the Apogee Dynamics Power Management System. CEO Stephen Brown expressed enthusiasm about the partnership with MotoCzysz, highlighting their shared history of innovation in electric vehicles. The motorcycle aims to combine advanced power distribution with exceptional range. This project seeks to honor Michael Czysz's legacy, as he was a pioneer in electric motorcycle technology.
HPIL Holding (OTC: HPIL) has secured a $10,000,000 equity credit line with Auctus Fund LLC, demonstrating strong support for its future projects. CEO Stephen Brown expressed confidence in Auctus's long-term commitment, which aligns with the company's vision to advance multiple initiatives, including the ZIPPA project, expected to enter trial runs in approximately three weeks. This funding could enhance HPIL's market positioning amid ongoing developments.
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