HPIL Holding has previously signed a Letter of Intent to purchase property located at 278 E Saginaw Rd, Sanford, MI 48657. A relevant 8K was filed on April 17, 2019. The Company had intended to utilize a section of the property for a Cannabis dispensary. Unfortunately the Lincoln Township where the property is located has recently notified LARA that they have opted out of the licensed facilities portion of Michigan Regulation and Taxation Act (MRTMA). The Company is actively seeking an alternative site for a Cannabis dispensary within a municipality that has not opted out of the licensed facilities portion of MRTMA. As originally planned, the property at 278 E Saginaw Rd, Sanford, MI 48657 will be utilized as the HPIL corporate Head Office and primary drill bit refurbishment facilities for the 100% HPIL owned subsidiary RodDoc Inc.