HPIL HOLDING (HPIL), Announces that it has entered into a letter of intent to sell all assets of NFT Procurement to Stargaze Entertainment Group (STGZ)
28 Septiembre 2021 - 9:51AM
InvestorsHub NewsWire
HPIL
HOLDING (HPIL), Announces that it has entered into a letter of
intent to sell all assets of NFT Procurement to Stargaze
Entertainment Group (STGZ)
VANCOUVER, BC,
CANADA -- September 28, 2021 -- InvestorsHub NewsWire -- HPIL
Holding (the "Company") (OTC: HPIL)
announces that it has entered into a letter of intent to sell all
assets of NFT Procurement a wholly owned division of HPIL Holding
to Stargaze Entertainment Group Inc. The assets are over 130 NFT
Domains .com. The transaction will be based on a share swap between
both companies, once officially approved. The plan will be to
disperse a share distribution of STGZ to HPIL shareholders. The
closing is expected to be completed within the next 10-15 days but
no later than October 15th,
2021.
“I am truly excited
to make this deal and it should be good for both companies and put
the NFT asset in a place where they can flourish immediately with
the Stargaze team, 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:
Stargaze
Entertainment Group Inc
1720 650 West
Georgia St
Vancouver, BC V6B
4N8
Contact: Stephen
Brown, CE0
info@hpilholding.ca
HPIL (CE) (USOTC:HPIL)
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