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EX-99 - HPIL HOLDINGhpilhccoopagmntwmbingeniaf.htm

 

UNITED  STATES   

SECURITIES  AND  EXCHANGE  COMMISSION   

Washington, D.C. 20549  

 

 

FORM  8-K   

 

CURRENT  REPORT   

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)

 

HPIL HOLDING

(Exact name of registrant as specified in its charter)  

 

 

 

Nevada

333-121787

20-0937461

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

 

 

7075 Gratiot Road, Suite One

Saginaw, MI

48609

(Address of principal executive offices)

(Zip Code)

 

 

(248) 750-1015

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

{00335700.2 }                                                                   


 

 

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.

 

The Parties 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.

 

The 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 by reference.

 

ITEM 9.01     FINANCIAL STATEMENTS AND EXHIBITS.

 

            (d)  Exhibits

 

Exhibit                       Description 

 

99.1     Cooperation Agreement entered into by and between HPIL HC and MB on December 20, 2013.

 

 

 

 


 

 

SIGNATURES

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.

 

                                                                                  

 

 

HPIL Holding

(Registrant)

                                                                         

                                                                           

Date:    December 24, 2013

By: /S/ Nitin Amersey

Nitin Amersey

Director, Chief Financial Officer, Treasurer and

Corporate Secretary