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HPIL Holding Announces Six New Subsidiary Companies


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Published in Business and Finance on Monday, September 17th 2012 at 15:03 GMT by Market Wire   Print publication without navigation


September 17, 2012 17:39 ET

HPIL Holding Announces Six New Subsidiary Companies

SAGINAW, MI--(Marketwire - Sep 17, 2012) - HPIL Holding (the "Company") (OTCQB: [ HPIL ]) is pleased to announce that it has organized six new subsidiary companies. Each of these subsidiary companies is wholly (100%) owned by the Company. The names of the new subsidiary companies are HPIL HEALTHCARE INC., HPIL ENERGYTECH INC., HPIL WORLDFOOD INC., HPIL REAL ESTATE INC., HPIL GLOBALCOM INC. and HPIL ART&CULTURE INC.

These companies have been organized to satisfy the various growth strategies of the Company. 

HPIL HEALTHCARE INC. has been organized to facilitate investments in the health care sector. HPIL ENERGYTECH INC. has been organized to facilitate investments in the energy sector. HPIL WORLDFOOD INC. has been organized to facilitate investments in the food sector. HPIL REAL ESTATE INC. has been organized to facilitate investments in the real estate sector. HPIL GLOBALCOM INC. has been organized to facilitate investments in the communication sector and HPIL ART&CULTURE INC. has been organized to facilitate investments in the art and culture sector. 

Such investments may be made in the United States and worldwide. 

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 filings.



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