SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report
(Date of Earliest Event Reported): December 24, 2013 (December 20, 2013)
(Exact name of registrant as specified in its charter)
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ITEM 8.01 OTHER EVENTS.
On December 20,
2013, HPIL Holding’s wholly owned subsidiary, HPIL HEALTHCARE Inc. (“HPIL HC”),
entered into a Cooperation Agreement (the “Agreement”) with MB INGENIA SRL (“MB”),
a private company focused on investing in the healthcare and environmental sectors.
Under the Agreement, HPIL HC and MB (each a “Party” and collectively the
“Parties”) agreed to work cooperatively to develop and expand projects between
the Parties beginning on December 20, 2013. The term of the Agreement is two (2)
years unless terminated earlier by either Party pursuant to the terms and
conditions of the Agreement.
have agreed to work collectively on projects without a stated compensation
formula until profitable projects can be developed. Each of the Parties will
pay their own expenses associated with the Agreement.
Louis Bertoli serves
as an executive officer and director of HPIL Holding. Mr. Bertoli is a past President
and past CEO of MB.
description of the Agreement above is qualified in its entirety by reference to
the Agreement, which is filed as Exhibit 99.1 and incorporated in this Item 8.01
ITEM 9.01 FINANCIAL
STATEMENTS AND EXHIBITS.
99.1 Cooperation Agreement
entered into by and between HPIL HC and MB on December 20, 2013.
Pursuant to the
requirements of the Securities Exchange Act of 1934, as amended, the registrant
has duly caused this Report to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: December 24, 2013
By: /S/ Nitin Amersey
Director, Chief Financial Officer, Treasurer and