NEW YORK--(BUSINESS WIRE)--S&P Capital IQ announced today that it has commenced Standard & Poor’s Factual Stock Report coverage on HPIL Holding.
HPIL Holding (OTCQB: HPIL) is a worldwide, diversified, development stage holding company focused on investing in both private and public companies in differing business sectors. HPIL does not restrict its potential candidate target companies to any specific business, industry, or geographical location and, thus, acquires various types of business. The company evaluates the acquisition of intellectual properties and technologies with a particular interest in the healthcare and environmental quality sectors.
In September 2012, HPIL Holding organized six new subsidiary companies which are 100% owned by the company. These subsidiaries are: HPIL HEALTHCARE INC. to facilitate investments in the healthcare industry, HPIL ENERGYTECH INC. to facilitate investments in the energy sector, HPIL WORLDFOOD INC. to facilitate investments in the food sector, HPIL REAL ESTATE INC. to facilitate investments in the real estate sector, HPIL GLOBALCOM INC. to facilitate investments in the communications industry, and HPIL ART&CULTURE INC. to facilitate investments in the art and culture sector.
As of December 2012, HPIL Holding has acquired several investments and made agreements with other companies. On June 28, 2012, HPIL Holding has acquired a portfolio of patent rights in the healthcare sector from GIOTOS Limited (UK). On November 27, 2012, the company's wholly owned subsidiary HPIL ART&CULTURE INC. entered into a Cooperation Agreement with the World Traditional Fudokan Shotokan Karate-Do Federation (WTFSKF). On December 4, 2012, the company's wholly owned subsidiary HPIL ART&CULTURE INC. entered into a cooperation agreement with Social Art World Ltd. On December 17, 2012, the company's wholly owned subsidiary HPIL REAL ESTATE INC. acquired a 32% ownership interest in HAESLER Real Estate Management SA. On December 20, 2012, the company's wholly owned subsidiary HPIL ENERGYTECH INC. entered into a cooperation agreement with TrueSkill Energen Pvt. Ltd. On February 22, 2013, HPIL granted to its wholly owned subsidiary HPIL HEALTHCARE INC. an exclusive license to use the patents relating to the "Massage Vibrator for the Relief of Aches and Pain" for the production, use, or sale of the resulting products throughout the world and especially in countries where we have the license to the Patents. The name of the initial product utilizing the Patents is "IFLOR, Stimulating Massage Device", which the Company has authorized HPIL HEALTHCARE INC. to develop, industrialize and manufacture. Information regarding "IFLOR, Stimulating Massage Device" can be found at www.iflor.it. The invention "Massage Vibrator for the Relief of Aches and Pain" garnered the gold medal in the 32nd Salon for Inventions in Geneva, Switzerland
Standard & Poor’s Factual Stock Report coverage on HPIL Holding will also be accessible on an ongoing basis to the investment community by scores of buy-side institutions and sell-side firms that utilize S&P Capital IQ research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts. Please visit www.hpilholding.com for additional information.
About Standard & Poor's Factual Stock Reports
Currently profiling approximately 500 issuers, Standard & Poor’s Factual Stock Reports, produced by S&P Capital IQ, increase market awareness of issuers in the investment community with insightful commentary and key statistics and information. Standard & Poor’s Factual Stock Reports provide factual research coverage about company fundamentals and business prospects, thereby enabling information about covered companies to reach a wide investor audience of Buy and Sell-side investors. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is underwritten by the issuer, S&P Capital IQ does not offer investment opinions concerning the advisability of investing in these stocks.
Standard & Poor’s Factual Stock Reports are produced separately from any other analytic activity of S&P Capital IQ or related organizations. S&P Capital IQ does not trade on its own account.
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