From the Wires
HPIL Holding Announces Acquisition of 32% of Haesler Real Estate Management
Nov. 6, 2012 04:03 PM
SAGINAW, MI -- (Marketwire) -- 11/06/12 -- HPIL Holding (the "Company") (OTCQB: HPIL) (PINKSHEETS: HPIL) is pleased to announce that on October 26, 2012, the Company, in cooperation with HPIL Real Estate Inc., a wholly owned subsidiary of the Company, entered in a certain Quota Purchase Agreement for the acquisition of 32% of Haesler Real Estate Management, a real estate management company organized in Switzerland.
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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