HPIL Holding (OTC:HPIL)
Who doesn't love a good perpetual motion electric vehicle scam? Honestly? That is in fact what drove most investors to HPIL Holding in the summer of 2021. Electric vehicles were HOT in the stock market and Lord Ferrox Tutinean was itching to find some idiot to give him money for an electric vehicle that never needs external power. The Apogee self-charging drivetrain was to eliminate the need to charge the EV via plug, rather the drivetrain (based on the completely made up "Law of Unbounded Charging") would charge itself in motion... or in other words, magic beans. Still no prototype, shocker... inventor gone. Bye bye LT!
Paired with a perpetual motion scam was an entire portfolio of one page webpages announcing huge innovations or perfectly timed product releases to different technology sector hot markets. HOW COULD HPIL HOLDING MISS!?!? Well... it is all a fraud. NFT's were fake, partnerships were fake, product launches were fake, buybacks were fake, fakety fake fake fake.
Instead of a buyback, there was massive toxic loans and 3a10's issuing billions of shares. Instead of funding, there was no money other than to fight MASSIVE undisclosed lawsuits. Filings? Fraudulently Hiding everything wrong with the company. David Postula money raising hitman. The three dumb-megos.
STEVIE IS GONE!!!
🎵Prince H-P-I-L Bear🎵
🎵Now, this is a story all about how
HPIL shareholder's accounts got flipped-turned upside down
And I'd like to take a minute
Just sit right there
I'll tell you how I became the prince H-P-I-L bear
🎵In the west part of London born and but not raised
Fake media startups was where Stephen spent most of his days
Chillin' out, maxin', relaxin', all cool
And making up lies like where he went to school
🎵Stephen Brown was obviously up to no good
Started stealing money from his neighborhood
He got got caught on TV show talking 'bout Bruce Willis
And said , "Next week it will definitely be me buying you a beer"
🎵He begged and pleaded with them day after day
But they packed on the lawsuits and bankruptcies so he ran away
They gave him a warrant and he grabbed a plane ticket
Look towards Vancouver and said, "I might as well kick it"
🎵Starting over again, sho this is ain't bad
He only did it in 2 countries before
Is penthouse and mansions what Stevie always be living like?
Hmm, this can't be alright
🎵But wait, I hear he's successful, Vidnet, all that
Is HPIL really the next great place investors can get fat?
🎵I don't think so
All I see is hot air
I hope they're prepared for the prince H-P-I-L bear
🎵Well, after a few conference calls and tweets Stephen Brown began to flout
And a dude who claimed an EV where the energy never ran out
Stevie ain't trying to get arrested, AGAIN, he just got here
The Twitter became a disaster and then poof, just disappeared
🎵Stephen Brown announced a share buyback and when it came near
The ✌lawyers✌ said no and it also disappeared
He pumped and he pumped and the bulls screamed "millionaires!"
But he schemed and said "Nah, forget it, yo, holmes issue more shares!"
🎵He uploaded to OTC Markets a bunch of fraudulent filings
And he yelled to the investors, "Yo holmes, maybe next week"
I tweeted all the lies
And investors got scared
Now I sit on my throne as the prince H-P-I-L bear
Why is Stephen Brown claiming to. have put money in, when filings say he hasn't!?
"I am putting that money in personally and that's what I'm doing and that's my commitment" https://youtu.be/9dlWAX-GxsE?t=636
"There is money I put in, but that is not really debt..." https://youtu.be/9dlWAX-GxsE?t=3065
"I'm putting my money behind it" https://youtu.be/LZ_VXKkalyc?t=906
"I put my own money into this company" https://youtu.be/LZ_VXKkalyc?t=1175
"put my money where my mouth is" https://youtu.be/LZ_VXKkalyc?t=1903
"I'm putting my money in..." https://youtu.be/LZ_VXKkalyc?t=1918
"I put money in... I've put in money, an excess of $600k" https://youtu.be/J1LOCS8qcjQ?t=405
"that's why I'm putting my money in" https://youtu.be/J1LOCS8qcjQ?t=2236
"my money in" https://youtu.be/sm8gdKJEIvk?t=92
"I have my own money in there" https://youtu.be/FnRhnUMKVQc?t=211
"I put my own money in" https://youtu.be/wL43NezlLSQ?t=580
"I put in a lot of money" https://youtu.be/04QvxmJrC3U?t=343
"I put my own money where my mouth is" https://youtu.be/04QvxmJrC3U?t=374
"all I have is commitment and money in the game" https://youtu.be/04QvxmJrC3U?t=686
"putting in my own money" https://youtu.be/04QvxmJrC3U?t=791
"7, 8, 9 hundred thousand dollars into the company" https://youtu.be/uNqC66U-ZsE?t=521
FRAUD: There Was No Official Partnership With Origin
Origin Protocol denies a partnership with HIPL Holdings in their AMA here: Origin Protocol Twitter Spaces AMA - July 6th 2021
FRAUD: FINRA Never Approved Namechange
Stephen Brown announced a fraudulent name change approval the same day he filed for the name change with FINRA per the FORM 8-K filed by HPIL Holding CEO. The name change was later reversed as HPIL could not provide the necessary paperwork to satisfy FINRA.
FRAUD: GAMEZCASH and TUNEZCASH Do Not Exist
No asset "acquisition." TUNEZCASH was renamed HUMMTOKEN and announced as "another" acquisition "to be developed."
FRAUD: Never Had Technology or Licenses to Launch NFT's
Stephen Brown never had approval or licenses necessary to launch said NFT's. NFTProcurement.com has been taken down.
FRAUD: There Was No Credit Line
An Equity "Credit Line" is not a credit line, as stated by HPIL lawyers, The Basile Law Firm, it is just another form of cash for discounted shares scheme.
FRAUD: Fake Acquisitions
Criminally negligent on details required for a publicly traded company. Each one of these need to be in the disclosures, in detail, during the reporting period the acquisition happened. Most are just ideas "acquired" from Stephen Brown that he then gave shares to himself for.
FRAUD: Conflicting Calculations
The company filings created and published on OTCMarkets in parallel to this lawsuit claim the convertible notes at .00001 are under the 25% interest rate claimed by the lawsuit.
FRAUD: How Many More?
This page will be continually updated with as many as we have confirmed and have time to add them...