HPIL Holding announces the completion of the asset acquisition phase and the transition to the commercial execution phase


HPIL Holding (the “Company”) (OTC: HPIL) announces that it has now entered the execution phase of its current businesses.

“I am delighted to report that HPIL Holding has successfully completed the acquisition of valuable business assets, intellectual property, technologies and technologists, etc. phase in each segment, ”said Stephen brown , Chairman and CEO.

Since the takeover of HPIL in April, a lot of time has been spent working on issues related to the pre-existing state-owned company. And because there were no assets or businesses in the pre-existing business, we had to work diligently to identify, analyze, and pursue exciting new businesses in the market segments we were interested in. This has led HPIL to successfully acquire and integrate our core businesses: World Gaming Group; Apogee Dynamics (Apogee D7 EV) NFT provisioning; Medusa Intelligence and ZIPPA.

Today, HPIL announces that each of these companies is 100% owned and integrated as business divisions within HPIL Holding and no longer exists as separate subsidiaries. This decision is part of providing centralized and efficient support to each HPIL business for functions such as marketing, human resources, accounting, etc., while beginning to build the necessary infrastructure for each unique business. to succeed in its market.

HPIL sales divisions with market description:

  • World Gaming Group business division: cloud-based gaming platform, technology and game titles (cloud-based, blockchain, gaming technologies, etc.)
  • Apogee Dynamics Division: Clean Energy Power Systems and Power Distribution Technology (Clean Energy, EV, Blockchain, 3D AM, etc.)
  • NFT Purchases: Currently owning over 125 substantial NFT domains
  • Medusa Intelligence Division: Cloud-based knowledge discovery platform (cloud-based, AI, blockchain, metadata capture, AR, etc.)
  • ZIPPA: A unique gaming social media platform (i.e .: TIKK TOK, TRILLER and TWITCH) where players will communicate to show off their skills, while participating in an exciting new platform which according to the company, will define itself as the first landing point for tens of millions of players around the world

“We are about to enter several very important market segments (several billion dollars) with our disruptive technology and business plans, and the future is very bright for HPIL Holding!” “, said David Postule , President.

HPIL will host a conference call on September 30, 2021 , To 2:00 p.m. PST .

Safe Harbor: This press 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 foregoing discussion, the words “satisfied”, “plan”, “be convinced that”, “believe”, “expect” or “intend”, and Similar conditional expressions are intended to identify statements within the meaning of the Act and are subject to the safe harbor created by the Act. These statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in forward-looking statements. These risks and uncertainties include, without limitation, market conditions, general acceptance of the Company’s products and technologies, competitive factors, the ability to successfully complete additional financing and other risks described in the SEC reports and records of the Company.

For more information:
Holding HPIL
1720 650 West Georgia St
Vancouver, BC V6B 4N8
Contact: Stephen brown , CEO
Telephone: +1 778-819-1956

View original content: https://www.prnewswire.com/news-releases/hpil-holding-hpil-announces-the-completion-of-asset-acquisition-phase-and-the-move-to-business-execution – phase-301385665.html


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