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HPIL Holding Announces Delay in Filing Amended Periodic Reports Containing Restated Financial Statements

May 3, 2013

SAGINAW, MI--(Marketwired - May 3, 2013) - HPIL Holding (the "Company") (OTCQB: HPIL) today announced that its restatement of financial statements for the second quarter and third quarter of 2012 (the "Affected Statements") and filing of related amended periodic reports for the same fiscal quarters will be delayed due to unforeseen administrative delays.

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