HPIL(HPIL) Announces Shareholders Meeting Changed.
VANCOUVER, BC,
CANADA -- June 8, 2022 -- InvestorsHub NewsWire -- HPIL Holding
(the "Company") (OTC: HPIL) announces
that it will be moving the shareholders meeting to June
16th at 2:PM PST to give the company more time to
formulate its ongoing plans and announce more substantial factual
information on what is transpiring with the company and its plans
moving forward.
“We have been informed by the OTC that in order to
have the BCSC cease trade order revoked they require HPIL to post
audited annual financial statements. We are in the process of
conducting the audit and fully expect it to be completed soon”,
said Stephen Brown CEO.
Additionally, on June 2, 2022, the Chief Executive
Officer, and Chairman of the Board of Directors, Stephen Brown,
presented a letter of termination to Mr. Lord Ferrox Tutinean due
to Mr. Tutinean’s failure to adhere to Mr. Tutinean’s employment
agreement and HPIL’s policies. Further, the employment of Mr.
Micheal Torrey has been terminated on the same day due to Mr.
Torrey’s failure to adhere to his employment agreement and HPIL’s
policies. Both Mr. Tutinean and Mr. Torrey have acted in manners
against the Company and against the interests of the Company’s
shareholders.
“The company is aware of what is necessary for the
company to be on track within the markets it is operating in such
as EV, Gaming and Blockchain transactions. We expect to have a
robust plan for this forthcoming conference call and truly
appreciate the shareholder patience in a somewhat trying time,
however myself and David Postula are diligently putting aggressive
plans in to place”, said Stephen Brown
CEO”
HPIL next conference call will be on June
16th, 2022 Conference call link: https://www.hpilholding.ca/
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:
info@hpilholding.ca
www.hpilholding.ca
Contact: Stephen Brown,
CEO
HPIL (CE) (USOTC:HPIL)
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