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HPIL Holding (HPIL) Announces the Launch of Mobile App Game "GET SANTA"

HPIL Holding (OTC: HPIL) announces its mobile game "GET SANTA" will officially launch on December 1st, 2021.

(Moderate)

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Rhea-AI Summary

HPIL Holding (OTC: HPIL) announces its mobile game "GET SANTA" will officially launch on December 1st, 2021. The company is also advancing its ZIPPA project, expecting to present a Beta run in early January. CEO Stephen Brown acknowledged challenges in achieving Pink compliance due to past documentation issues, but new legal and financial teams are addressing these hurdles. The company remains positive despite risks associated with market conditions and product acceptance.

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Positive

  • Launch of mobile game 'GET SANTA' on December 1st, 2021.
  • ZIPPA project progressing, with Beta run expected in early January.

Negative

  • Challenges in achieving Pink compliance due to previous documentation issues.
  • Risks associated with market conditions and acceptance of products.
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News Market Reaction – HPIL

The recorded move for HPIL in the trading session of this news was +3.70%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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VANCOUVER, BC, Nov. 24, 2021 /PRNewswire/ -- World Gaming Group a division of HPIL Holding (OTC: HPIL) (the "Company") is pleased to announce that it will launch its long awaited mobile game "GET SANTA" officially on December 1st, 2021. Also, the ZIPPA project is coming along very well and expect to be presenting a Beta run early January as we have taken on further challenges with ZIPPA to truly put it above any other competitors out there We are very proud of out team that are breaking barriers as all will see.

Get Santa clips: https://vimeo.com/649143463 https://vimeo.com/649324100

The OTC issues to bring the company fully Pink compliant has been quite the challenge that most people have been unaware of the hurdles that have been from the past where not very much documentation was made available. I assure you that we have rushed this process to our best with admitted some errors. "We are diligently with the help of new lawyers, accountants and auditors bringing these issues to an end", 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
info@hpilholding.ca
Phone: +1 778-819-1956
www.hpilholding.ca

 

Cision View original content:https://www.prnewswire.com/news-releases/hpil-holding-hpil-announces-the-launch-of-mobile-app-game-get-santa-301431733.html

SOURCE HPIL Holding

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the launch date of HPIL Holding's game 'GET SANTA'?

HPIL Holding's game 'GET SANTA' is set to launch on December 1st, 2021.

What progress has been made on the ZIPPA project?

The ZIPPA project is progressing well, with a Beta run expected in early January.

What compliance challenges is HPIL Holding facing?

HPIL Holding is facing challenges in achieving Pink compliance due to past documentation issues.

What are the risks mentioned in the HPIL Holding press release?

The press release mentions risks related to market conditions and general acceptance of the Company's products.

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