HPIL Announces it has Closed the Sale NFT Procurement to Stargaze Entertainment Group
October 18 2021 - 9:35AM
InvestorsHub NewsWire
HPIL
Announces it has Closed the Sale NFT Procurement to Stargaze
Entertainment Group
VANCOUVER, BC,
CANADA -- October 18, 2021 -- InvestorsHub NewsWire -- NFT
Procurement a division of HPIL Holding (the "Company") (OTC:
HPIL) previously announced that it had signed a Letter of
Intent with Stargaze Entertainment Group (OTC:STGZ)
to acquire NFT Procurement a division of HPIL and as of October
15th, 2021 has closed the
transaction.
The transaction will
give NFT Procurement a better home, where it holds over 140 Domain
names of Celebrities, Athletes and Politicians,
(www.nft.nameinserted.com)
The sale is where in
exchange Stargaze Entertainment Group will issue Sixty Million
shares to HPIL Holding where then HPIL will be filing a
registration statement within 30 days to then be able to disperse
the shares to HPIL shareholders on a designated
plan.
“The update on the OTC
review is that we are truly 1-2 days away as the delay has been due
to legal counsels’ availability and has been frustrating for all,
however I assure it will be done”, 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
Stargaze Entertainment (PK) (USOTC:STGZ)
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