HPIL Holding (HPIL) 10-Q 15 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	15-May-15
Document and Entity Information [Abstract]
Entity Registrant Name	HPIL HOLDING
Entity Central Index Key	1286345
Trading Symbol	hpil
Current Fiscal Year End Date	-19
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		57,698,000
Document Type	10-Q
Document Period End Date	31-Mar-15
Amendment Flag	FALSE
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1

UNAUDITED_CONDENSED_CONSOLIDAT

UNAUDITED CONDENSED CONSOLIDATED INTERIM BALANCE SHEETS (USD $)	Mar. 31, 2015	Dec. 31, 2014
Current Assets:
Cash	$322,741	$445,069
Prepaid expenses	5,000	17,221
Total current assets	327,741	462,290
Equipment	299,765	299,765
Investment in affiliate	10,906	15,933
Brand license (note 6)	6,805,600	6,805,600
Patents	1	1
Advances to related parties (note 5)	241,746	241,746
Total other assets	7,358,018	7,363,045
Total assets	7,685,759	7,825,335
Current Liabilities:
Accounts payable and accrued expenses	44,880	43,635
Total current liabilities	44,880	43,635
Stockholders' Equity
Common stock par value $0.0001; 400,000,000 shares authorized; 57,698,000 issued and outstanding at March 31, 2015 and December 31, 2014 (note 3)	5,770	5,770
Additional paid-in capital	10,314,563	10,314,563
Accumulated deficit	-2,679,454	-2,538,633
Total Stockholders' Equity	7,640,879	7,781,700
Total Liabilities and Stockholders' Equity	7,685,759	7,825,335
Preferred Stock Series 1, Class P-1
Stockholders' Equity
Preferred stock value
Preferred stock Series 1, Class P-2
Stockholders' Equity
Preferred stock value

UNAUDITED_CONDENSED_CONSOLIDAT1

UNAUDITED CONDENSED CONSOLIDATED INTERIM BALANCE SHEETS (Parentheticals) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares issued	57,698,000	57,698,000
Common stock, shares outstanding	57,698,000	57,698,000
Preferred Stock Series 1, Class P-1
Preferred stock, par value (in dollars per share)	$8.75	$8.75
Preferred stock, shares authorized	25,000,000	25,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Preferred stock Series 1, Class P-2
Preferred stock, par value (in dollars per share)	$7	$7
Preferred stock, shares authorized	75,000,000	75,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding

UNAUDITED_CONDENSED_CONSOLIDAT2

UNAUDITED CONDENSED CONSOLIDATED INTERIM STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Income Statement [Abstract]
Consulting revenue (note 4)	$35,000
Expenses:
General and administrative	170,794	133,028
Equity losses in unconsolidated affiliate	5,027
Total expenses	175,821	133,028
Net comprehensive loss	($140,821)	($133,028)
Weighted average number of common shares Outstanding - Basic and diluted (in shares)	57,598,000	56,896,000
Loss per weighted average number of common shares Outstanding - Basic and diluted (in dollars per share)	($0.00)	($0.00)

UNAUDITED_CONDENSED_CONSOLIDAT3

UNAUDITED CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
OPERATING ACTIVITIES:
Net comprehensive loss	($140,821)	($133,028)
Adjustment for non-cash item:
Equity loss from unconsolidated affiliate	5,027
Adjustments for changes in working capital:
Prepaid expenses	12,221
Accounts payable and accrued expenses	1,245	-3,358
NET CASH USED IN OPERATING ACTIVITIES	-122,328	-136,386
INVESTING ACTIVITIES:
Repayment from related parties		44,663
Expenditures for property and equipment		-24,194
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES		20,469
NET DECREASE IN CASH	-122,328	-115,917
CASH - BEGINNING OF PERIOD	445,069	401,723
CASH - END OF PERIOD	$322,741	$285,806

NATURE_OF_BUSINESS_BASIS_OF_PR

NATURE OF BUSINESS, BASIS OF PRESENTATION AND GOING CONCERN	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation Of Financial Statements [Abstract]
NATURE OF BUSINESS, BASIS OF PRESENTATION AND GOING CONCERN	NOTE 1 – NATURE OF BUSINESS, BASIS OF PRESENTATION AND GOING CONCERN
	Nature of Operations and Going Concern
	HPIL Holding and Subsidiaries (referred to in this report as “HPIL”, the “Company”, “us”, “our” or “we”) (formerly Trim Holding Group) was incorporated on February 17, 2004 in the state of Delaware under the name TNT Designs, Inc. A substantial part of the Company’s activities were involved in developing a business plan to market and distribute fashion products.  On June 16, 2009, the majority interest in the Company was purchased in a private agreement by Mr. Louis Bertoli, an individual, with the objective to acquire and/or merge with other businesses. On October 7, 2009, the Company merged with and into Trim Nevada, Inc., which became the surviving corporation.  The merger did not result in any change in the Company’s management, assets, liabilities, net worth or location of principal executive offices. However, this merger changed the legal domicile of the Company from Delaware to Nevada where Trim Nevada, Inc. was incorporated.  Each outstanding share of TNT Designs, Inc. was automatically converted into one share of the common stock of Trim Nevada, Inc. Pursuant to the merger, the Company changed its name from TNT Designs, Inc. to Trim Holding Group and announced the change in the Company’s business focus to health care and environmental quality sectors. Afterwards the Company determined it no longer needed its inactive subsidiaries, and as such, all three subsidiaries were dissolved. On May 21, 2012, the Company changed its name to HPIL Holding.
	HPIL Holding intends that its main activity will be in the business of investing in differing business sectors. To begin the implementation of the business plan, on September 10, 2012, the Company organized six new subsidiary companies. Each of these subsidiary companies is wholly (100%) owned by the Company. The names of the new subsidiary companies are HPIL HEALTHCARE Inc., HPIL ENERGYTECH Inc., HPIL WORLDFOOD Inc., HPIL REAL ESTATE Inc., HPIL GLOBALCOM Inc. and HPIL ART&CULTURE Inc. These companies have been organized to implement the various growth strategies of the Company. HPIL HEALTHCARE Inc. has been organized to facilitate investments in the health care sector. HPIL ENERGYTECH Inc. has been organized to facilitate investments in the energy sector.  HPIL WORLDFOOD Inc. has been organized to facilitate investments in the food sector. HPIL REAL ESTATE Inc. has been organized to facilitate investments in the real estate sector.  HPIL GLOBALCOM Inc. has been organized to facilitate investments in the communication sector and HPIL ART&CULTURE Inc. has been organized to facilitate investments in the art and culture sector.  The Company intends to make such investments in the United States and worldwide if adequate candidates can be identified.
	A concentration of the Company has become the development of the IFLOR Business to produce a “Massage Vibrator for the Relief of Aches and Pain” product, the IFLOR Stimulating Massage Device (the “IFLOR Device”), through our subsidiary, HPIL HEALTHCARE Inc.   The Company is in the process of completing production of IFLOR Device - Standard Version samples and packaging mock ups in connection with the Product Reseller Agreement (as defined in Note 7).  During December 2014, the Company began the study and development of the IFLOR Device - Plus Version, and the Company expects to begin design, molding, product samples and packaging mock ups for marketing testing during 2015.  Due to various circumstances, such as the unknown definitive completion date of product sample manufacturing and ongoing evaluations being conducted by the Company regarding our prior marketing efforts, expected product demand, product manufacturing and rollout schedules, the Company cannot currently determine with confidence when the Company expects to commence operations with respect to production of the IFLOR Device.
	As of March 31, 2015, the Company has yet to commence substantial operations. In the course of its start-up activities, the Company has sustained operating losses and expects to incur operating losses in 2015.  The Company has generated a limited amount of revenue and has not achieved profitable operations or positive cash flows from operations.  These factors and uncertainties raise substantial doubt about the Company's ability to continue as a going concern.
	The Company will continue targeting sources of additional financing and opportunities to produce profitable revenue streams, whether through sole or joint ventures, to provide for the continuation of its operations.  The Company is also prepared to re-evaluate its expense load, if necessary, to determine whether any efficiency can be achieved prior to the commencement of substantial operations related to the Product Reseller Agreement or other potential operations identified by the Company.  Additionally, the Company’s majority stockholder has indicated his ability to provide financial support to the Company for the continuation of its operations, should it be necessary.

SIGNIFICANT_ACCOUNTING_POLICIE

SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES
	Principles of Consolidation and Basis of Presentation
	These unaudited condensed consolidated interim financial statements are presented in accordance with accounting principles generally accepted in the United Stated ("GAAP"), and are expressed in United States dollars.  These unaudited condensed consolidated interim financial statements include the accounts of HPIL Holdings Inc. and its wholly owned subsidiaries, HPIL HEALTHCARE Inc., HPIL ENERGYTECH Inc., HPIL WORLDFOOD Inc., HPIL REAL ESTATE Inc., HPIL GLOBALCOM Inc., and HPIL ART AND CULTURE Inc.  All inter-company balances and transactions have been eliminated on consolidation.  As of March 31, 2015, none of the above subsidiaries have reached full operations.
	Unaudited Condensed Consolidated Interim Financial Statements
	These unaudited condensed consolidated interim financial statements have been prepared on the same basis as the annual financial statement and should be read in conjunction with those annual financial statements filed on Form 10-K for the year ended December 31, 2014.  In the opinion of management, these unaudited condensed consolidated interim financial statements reflect adjustments, necessary to present fairly the Company’s financial position, results of operations and cash flows for the periods shown.  The results of operations for such periods are not necessarily indicative of the results for a full year or for any future period.
	Investment in Unconsolidated Affiliate
	The Company utilizes the equity method of accounting, as prescribed by ASC Topic 323 “Investments – Equity Method and Joint Ventures”, when it is able to exercise significant influence over the entity’s operations, which generally occurs when HPIL has an ownership interest of between 20% and 50% in an entity.  The cost method of accounting is used when the Company does not exercise significant influence, generally when HPIL has an ownership interest of less than 20%. The Company’s 32% investment in Haesler Real Estate Management SA (“HREM”) is accounted for under the equity method of accounting. As of March 31, 2015, the carrying amount of the investment is equal to the Company’s equity interest of the carrying amount of the net assets of HREM.
	Equipment
	The Company’s equipment consists of molds and designs not yet being used in operations at March 31, 2015.  Once placed into operations, the Company will depreciate these assets over their estimated useful lives, expected to range between 5 and 10 years.   For the periods ended March 31, 2015 and 2014, the Company has not recorded any depreciation expense related to these assets as they are not yet placed in service.
	Research and Development
	The Company is engaged in research and development in respect to the Company’s Brand License agreement with World Traditional Fudokan Shotokan Karate-Do Federation (WTFSKF).  Research and development costs are charged as an operating expense as incurred.
	For the three month period ending March 31, 2015 and 2014, the Company expensed $25,005 and $Nil, respectively, towards research and development costs.
	Revenue Recognition
	Revenue is recognized when persuasive evidence that an arrangement or contract exists, delivery has occurred, the fees are fixed and determinable, and collectability is probable or certain.  Revenue from consulting services is recognized upon delivery of consulting services when persuasive evidence of an arrangement exists and collection of the related receivable is reasonably assured.
	Net Loss per Share
	Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of shares of common stock outstanding for the period.  Diluted loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding for the period and the number of shares of common stock issuable upon assumed exercise of preferred stock provided the result is not anti-dilutive.
	Recently Issued Accounting Pronouncements
	In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers.  This new standard provides guidance for the recognition, measurement and disclosure of revenue resulting from contracts with customers and will supersede virtually all of the current revenue recognition guidance under GAAP.  The standard is effective for the first interim period within annual reporting periods beginning after December 15, 2017.  The Company is currently evaluating the impact of the provisions of this new standard on our consolidated financial statements.
	In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements - Going Concern: Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern.  This new standard provided guidance for the presentation of the disclosure of uncertainties about an Entity’s Ability to Continue as a Going Concern.  This standard is effective for annual periods beginning after December 15, 2016. The Company is currently evaluating the impact of the new standard on our consolidated financial statements.
	In February 2015, the FASB issued ASU No. 2015-05, Consolidation: Amendments to the Consolidation Analysis.  This new standard provided guidance regarding the consolidation of certain legal entities.  All legal entities are subject to revaluation under the revised consolidation method.  The standard is effective for fiscal periods beginning after December 15, 2015.  The Company is currently evaluating the impact of the new standard on our consolidated financial statements.
	None of the other recently issued accounting pronouncements are expected to significantly affect the Company.

CAPITAL_STOCK

CAPITAL STOCK	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
CAPITAL STOCK	NOTE 3 – CAPITAL STOCK
	On June 12, 2014, the Company entered into a Stock Purchase Agreement with an accredited investor, pursuant to which the Company agreed to sell and the investor agreed to purchase 50,000 shares of Convertible Preferred Stock Series 1 Class P-2 of the Company at the par value of $7.00 each for a total purchase price of $350,000.  On June 24, 2014, the Company issued the shares to the investor in exchange for the purchase price.  As provided in the articles of incorporation of the Company, the holders of the Convertible Preferred Stock Series 1 Class P-2 may convert, at any time, their preferred stock in whole or part, into shares of common stock. Each one (1) share of Preferred Stock Series 1 Class P-2 is convertible into one (1) share of common stock. This beneficial conversion feature (“BCF”) has an intrinsic value at the issuance date of $66,000, and is recorded as a preferred dividend to the preferred stockholder.  On December 15, 2014, the Company entered into an Amendment Agreement with an accredited investor amending the Stock Purchase Agreement entered into by the Company and Investor on June 12, 2014.  The Amendment Agreement adjusted the purchase price set forth in the Stock Purchase Agreement upward by the amount of $66,000, to a total purchase price of $416,000.  The Company has received the additional $66,000 of the purchase price from the Investor.  No additional shares were issued as a result of the Amendment Agreement. During 2014, the Preferred Shares were converted into 50,000 shares of common stock of the Company in accordance with the conversion rights of the Convertible Preferred Stock Series 1 Class P-2.
	On December 29, 2014, the Company, entered into a Brand License Agreement with WTFSKF, a worldwide karate federation based in Switzerland.  Pursuant to the Brand License Agreement, WTFSKF has granted to HPIL an exclusive, worldwide, transferrable license to use certain logos, names, and marks of WTFSKF, and manufacture and sell certain products (clothing, accessories and sporting goods) bearing the Marks.  Pursuant to the Brand License Agreement the Company will pay WTFSKF a license fee equal to 5% of the net selling price for the licensed products sold in accordance with the Brand License Agreement, and in addition as a partial consideration for the License, HPIL issued to WTFSKF 752,000 shares of treasury common stock of HPIL on December 30, 2014 (see Note 6 for further discussion of the Brand License Agreement).

REVENUE

REVENUE	3 Months Ended
	Mar. 31, 2015
Revenue [Abstract]
REVENUE	NOTE 4 - REVENUE
	On June 10, 2014, our wholly owned subsidiary, HPIL ENERGYTECH Inc., entered into a Service and Consulting Agreement (the “O.R.C. Consulting Agreement”) with O.R.C. SRL, a private company focused on investing in the energy sector.  Pursuant to the O.R.C. Consulting Agreement, HPIL ENERGYTECH Inc. began providing to O.R.C. SRL certain consulting and other services on June 10, 2014, for a monthly fee in the amount of $30,000 per month.  The term of the O.R.C. Consulting Agreement was two (2) years unless terminated earlier by either party pursuant to the terms and conditions of the O.R.C. Consulting Agreement.  HPIL ENERGYTECH Inc. and O.R.C. SRL terminated the O.R.C. Consulting Agreement, effective March 10, 2015.  The O.R.C. Consulting Agreement was terminated because the parties determined that O.R.C. SRL no longer required the services to be delivered thereunder, and no services were provided in the month of February 2015.  The termination was mutual and without recourse or the incurrence of penalty by either party thereto.
	On December 5, 2014, our wholly owned subsidiary, HPIL GLOBALCOM Inc., entered into a Service and Consulting Agreement (the “ET Consulting Agreement”) with ECOLOGY TRANSPORT SRL, a private company focused on investing in the communication and ecology sectors.  Pursuant to the ET Consulting Agreement, HPIL GLOBALCOM Inc. began providing to ECOLOGY TRANSPORT SRL certain consulting and other services on December 5, 2014, for a monthly fee in the amount of $5,000 per month.  The term of the ET Consulting Agreement was two (2) years unless terminated earlier by either party pursuant to the terms and conditions of the ET Consulting Agreement. HPIL GLOBALCOM Inc. and ECOLOGY TRANSPORT SRL terminated the O.R.C. Consulting Agreement, effective March 4, 2015.  The ET Consulting Agreement was terminated because the parties determined that ECOLOGY TRANSPORT SRL no longer required the services to be delivered thereunder and no services were provided in the month of February 2015.  The termination was mutual and without recourse or the incurrence of penalty by either party thereto.

RELATED_PARTY_TRANSACTIONS_AND

RELATED PARTY TRANSACTIONS AND BALANCES	3 Months Ended
	Mar. 31, 2015
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS AND BALANCES	NOTE 5 – RELATED PARTY TRANSACTIONS AND BALANCES
	The Company’s wholly owned subsidiary HPIL HEALTHCARE Inc. uses the service of MB Ingenia SRL (“MB Ingenia”) for the production of the "Massage Vibrator for the Relief of Aches and Pain". HPIL HEALTHCARE Inc. made equipment purchases from MB Ingenia totaling $Nil for the three months ended March 31, 2015, and $24,194 for the three months ended March 31, 2014. Mr. Bertoli was the President and CEO of MB Ingenia until November 28, 2013, at which time Mr. Bertoli’s brother became President and CEO of MB Ingenia. Mr. Bertoli also serves as an executive officer and director of our Company.
	The Company’s wholly owned subsidiary, HPIL HEALTHCARE Inc., had advances receivable from MB Ingenia of $241,746 as of March 31, 2015 and 2014, for the production of the IFLOR Stimulating Massage Device - Standard Version units.  These advances will be settled upon delivery of the IFLOR Device – Standard Version units.  The Company is in the process of completing production of the IFLOR Device - Standard Version samples and packaging mock ups in connection with the Product Reseller Agreement (as defined in the Note 7).
	The Company uses MB Ingenia for various corporate business services, including technical support and engineering services, and use of office space by Mr. Bertoli.  For the three months ended March 31, 2015 and 2014, the Company incurred expenses of $13,965  and $12,422, respectively, in relation to these services.
	On July 20, 2009, the Company entered into a two-year consulting agreement with Amersey Investments LLC (“Amersey”), a company controlled by a director and the CFO of the Company, Mr. Nitin Amersey.  Amersey will continue to provide office space, office identity and assist the Company with corporate, financial, administrative and management records. For the three months ended March 31, 2015 and 2014, the Company incurred expenses of $20,000  and $15,000, respectively, in relation to these services. As at March 31, 2015, $5,000 is recorded as prepaid expenses in the unaudited condensed consolidated interim balance sheet.
	The Company uses Bay City Transfer Agency & Registrar Inc. (“BCTAR”) to do its stock transfers.  Mr. Amersey is listed with the Securities and Exchange Commission as a control person of BCTAR.  For the three months ended March 31, 2015 and 2014, the Company incurred expenses of $1,147 and $867, respectively, in relation to these services.
	The Company uses the services of Freeland Venture Resources LLC, for Edgar filings and consulting services.  Mr. Amersey is a control person in Freeland Venture Resources LLC.  For the three months ended March 31, 2015 and 2014, the Company incurred expenses of $1,510 and $Nil, respectively, in relation to these services.
	The Company uses the services of Cheerful Services International Inc. (“Cheerful”) for corporate press releases and consulting services.  Cheerful is owned by Mr. Amersey’s children. For the three months March 31, 2015 and 2014, the Company incurred expenses of $3,679 and $Nil, respectively, in relation to these services.

BRAND_LICENSE

BRAND LICENSE	3 Months Ended
	Mar. 31, 2015
Brand License [Abstract]
BRAND LICENSE	NOTE 6 – BRAND LICENSE
	On December 29, 2014, the Company, entered into a Brand License Agreement with World Traditional Fudokan Shotokan Karate-Do Federation (WTFSKF), a worldwide karate federation based in Switzerland.  Pursuant to the Brand License Agreement, WTFSKF has granted to HPIL the License to use the Marks of WTFSKF and manufacture and sell the Products bearing the Marks. Pursuant to the Brand License Agreement, in consideration for the License, beginning in 2018, HPIL will pay to WTFSKF an ongoing License Fee.  Additionally, HPIL issued to WTFSKF 752,000 shares of treasury common stock (the “Shares”) of HPIL in accordance with the Brand License Agreement. WTFSKF has agreed to provide to HPIL annual projected sales forecasts based on its membership and their expected needs for Products (the “Projected Sales”).  The Brand License Agreement requires the License Consideration to be subject to renegotiation by the parties in the event that Projected Sales exceed actual sales of the Products by more than an agreed upon deviation percentage.  Additionally, pursuant to the Brand License Agreement, HPIL may require WTFSKF to either return the Shares or pay to HPIL the market value of the Shares at the time of the execution of the Brand License Agreement (approximately $6,805,600), if HPIL terminates the Brand License Agreement as a result of such deviations within the first 52 months after the execution of the Brand License Agreement.  The initial term of the Brand License Agreement lasts until December 31, 2042, at which time the Brand License Agreement will automatically renew for successive 25 year terms unless and until either party provides notice of non-renewal or terminates the Brand License Agreement. The Brand License totaling $6,805,600 was measured based on the fair value of the stock issued.
	The Company will amortize the license over the contractual life of the asset of 25 years. No amortization has been recognized as of March 31, 2015, as the Brand License Agreement does not commence until 2018.

COMMITMENTS

COMMITMENTS	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS	NOTE 7 – COMMITMENTS
	On October 9, 2014, our wholly owned subsidiary, HPIL HEALTHCARE Inc., entered into a Product Reseller Agreement (the “Product Reseller Agreement”) with WTFSKF, a worldwide karate federation based in Switzerland.  Pursuant to the Product Reseller Agreement, beginning in 2017, HPIL HEALTHCARE Inc. will supply its IFLOR Stimulating Massage Device - Standard Version to WTFSKF for resale exclusively at WTFSKF-sanctioned events and through the WTFSKF members and their official affiliates.  The initial term of the Product Reseller Agreement lasts until December 31, 2019, at which time the Agreement will automatically renew for 3 year terms unless and until either party provides notice of non-renewal or terminates the Product Reseller Agreement pursuant to the terms thereof.  Under the Product Reseller Agreement, WTFSKF has committed to order a minimum of 1,500,000 units of the IFLOR Stimulating Massage Device - Standard Version from January 1, 2017 through December 31, 2019 pursuant to annual purchase orders. Our wholly owned subsidiary, HPIL ART&CULTURE Inc., was the official sponsor of WTFSKF’s 12th European Karate Championship, which was held November 19-23, 2014 in Bucharest, Romania.

SIGNIFICANT_ACCOUNTING_POLICIE1

SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation
	These unaudited condensed consolidated interim financial statements are presented in accordance with accounting principles generally accepted in the United Stated ("GAAP"), and are expressed in United States dollars.  These unaudited condensed consolidated interim financial statements include the accounts of HPIL Holdings Inc. and its wholly owned subsidiaries, HPIL HEALTHCARE Inc., HPIL ENERGYTECH Inc., HPIL WORLDFOOD Inc., HPIL REAL ESTATE Inc., HPIL GLOBALCOM Inc., and HPIL ART AND CULTURE Inc.  All inter-company balances and transactions have been eliminated on consolidation.  As of March 31, 2015, none of the above subsidiaries have reached full operations.
Unaudited Condensed Consolidated Interim Financial Statements	Unaudited Condensed Consolidated Interim Financial Statements
	These unaudited condensed consolidated interim financial statements have been prepared on the same basis as the annual financial statement and should be read in conjunction with those annual financial statements filed on Form 10-K for the year ended December 31, 2014.  In the opinion of management, these unaudited condensed consolidated interim financial statements reflect adjustments, necessary to present fairly the Company’s financial position, results of operations and cash flows for the periods shown.  The results of operations for such periods are not necessarily indicative of the results for a full year or for any future period.
Investment in Unconsolidated Affiliate	Investment in Unconsolidated Affiliate
	The Company utilizes the equity method of accounting, as prescribed by ASC Topic 323 “Investments – Equity Method and Joint Ventures”, when it is able to exercise significant influence over the entity’s operations, which generally occurs when HPIL has an ownership interest of between 20% and 50% in an entity.  The cost method of accounting is used when the Company does not exercise significant influence, generally when HPIL has an ownership interest of less than 20%. The Company’s 32% investment in Haesler Real Estate Management SA (“HREM”) is accounted for under the equity method of accounting. As of March 31, 2015, the carrying amount of the investment is equal to the Company’s equity interest of the carrying amount of the net assets of HREM.
Equipment	Equipment
	The Company’s equipment consists of molds and designs not yet being used in operations at March 31, 2015.  Once placed into operations, the Company will depreciate these assets over their estimated useful lives, expected to range between 5 and 10 years.   For the periods ended March 31, 2015 and 2014, the Company has not recorded any depreciation expense related to these assets as they are not yet placed in service.
Research and Development	Research and Development
	The Company is engaged in research and development in respect to the Company’s Brand License agreement with World Traditional Fudokan Shotokan Karate-Do Federation (WTFSKF).  Research and development costs are charged as an operating expense as incurred.
	For the three month period ending March 31, 2015 and 2014, the Company expensed $25,005 and $Nil, respectively, towards research and development costs.
Revenue Recognition	Revenue Recognition
	Revenue is recognized when persuasive evidence that an arrangement or contract exists, delivery has occurred, the fees are fixed and determinable, and collectability is probable or certain.  Revenue from consulting services is recognized upon delivery of consulting services when persuasive evidence of an arrangement exists and collection of the related receivable is reasonably assured.
Net Loss per Share	Net Loss per Share
	Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of shares of common stock outstanding for the period.  Diluted loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding for the period and the number of shares of common stock issuable upon assumed exercise of preferred stock provided the result is not anti-dilutive.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements
	In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers.  This new standard provides guidance for the recognition, measurement and disclosure of revenue resulting from contracts with customers and will supersede virtually all of the current revenue recognition guidance under GAAP.  The standard is effective for the first interim period within annual reporting periods beginning after December 15, 2017.  The Company is currently evaluating the impact of the provisions of this new standard on our consolidated financial statements.
	In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements - Going Concern: Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern.  This new standard provided guidance for the presentation of the disclosure of uncertainties about an Entity’s Ability to Continue as a Going Concern.  This standard is effective for annual periods beginning after December 15, 2016. The Company is currently evaluating the impact of the new standard on our consolidated financial statements.
	In February 2015, the FASB issued ASU No. 2015-05, Consolidation: Amendments to the Consolidation Analysis.  This new standard provided guidance regarding the consolidation of certain legal entities.  All legal entities are subject to revaluation under the revised consolidation method.  The standard is effective for fiscal periods beginning after December 15, 2015.  The Company is currently evaluating the impact of the new standard on our consolidated financial statements.
	None of the other recently issued accounting pronouncements are expected to significantly affect the Company.

NATURE_OF_BUSINESS_BASIS_OF_PR1

NATURE OF BUSINESS, BASIS OF PRESENTATION AND GOING CONCERN (Detail Textuals)	3 Months Ended
	Mar. 31, 2015
	Subsidiary
Organization, Consolidation and Presentation Of Financial Statements [Abstract]
Number of subsidiaries dissolved	3
Number of subsidiaries newly organized	6
Ownership interest in subsidiary by company	100.00%

SIGNIFICANT_ACCOUNTING_POLICIE2

SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Cost method ownership percentage, description	less than 20%
Minimum
Schedule Of Equity And Cost Method Investments [Line Items]
Percentage of equity ownership interest	20.00%
Maximum
Schedule Of Equity And Cost Method Investments [Line Items]
Percentage of equity ownership interest	50.00%
Haesler Real Estate Management SA ("HREM")
Schedule Of Equity And Cost Method Investments [Line Items]
Percentage of equity ownership interest	32.00%

SIGNIFICANT_ACCOUNTING_POLICIE3

SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals 1) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Accounting Policies [Abstract]
Research and development costs	$25,005
Molds and designs
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 and 10 years

CAPITAL_STOCK_Detail_Textuals

CAPITAL STOCK (Detail Textuals) (USD $)	0 Months Ended	1 Months Ended	12 Months Ended	0 Months Ended
	Dec. 15, 2014	Dec. 29, 2014	Dec. 31, 2014	Jun. 12, 2014	Mar. 31, 2015	Jun. 24, 2014
Class of Stock [Line Items]
Purchase price of shares issued	$416,000
Number of shares of common stock for Brand License		752,000	752,000
Percentage of license fee equal to net selling price of licensed product			5.00%
Preferred stock Series 1, Class P-2
Class of Stock [Line Items]
Preferred stock, par value (in dollars per share)			7		$7
Common Stock | Preferred stock Series 1, Class P-2
Class of Stock [Line Items]
Preferred shares converted into common stock			50,000
Stock Purchase Agreement
Class of Stock [Line Items]
Purchase price of shares issued	66,000
Stock Purchase Agreement | Preferred stock Series 1, Class P-2 | Accredited investor
Class of Stock [Line Items]
Number of shares issued for acquisition				50,000
Purchase price of shares issued				350,000
Preferred stock, par value (in dollars per share)				$7
Preferred dividend from beneficial conversion feature				66,000
Stock Purchase Agreement | Common Stock | Accredited investor
Class of Stock [Line Items]
Preferred shares converted into common stock						1
Amendment Agreement | Accredited investor
Class of Stock [Line Items]
Purchase price of shares issued	$66,000

REVENUE_Detail_Textuals

REVENUE (Detail Textuals) (Service And Consulting Agreement [Member], USD $)	0 Months Ended
	Jun. 10, 2014	Dec. 05, 2014
O.R.C. SRL | HPIL ENERGYTECH Inc
Revenue [Line Items]
Monthly consulting revenue fees	$30,000
Term of agreement	2 years
ECOLOGY TRANSPORT SRL | HPIL GLOBALCOM Inc
Revenue [Line Items]
Monthly consulting revenue fees		$5,000
Term of agreement		2 years

RELATED_PARTY_TRANSACTIONS_AND1

RELATED PARTY TRANSACTIONS AND BALANCES (Detail Textuals) (USD $)	1 Months Ended	3 Months Ended
	Jul. 20, 2009	Mar. 31, 2015	Mar. 31, 2014
Mb Ingenia
Related Party Transaction [Line Items]
Receivable from related parties		$241,746	$241,746
Related party transaction, expenses from transactions with related party		13,965	12,422
Bay City Transfer Agency & Registrar Inc. ("BCTAR")
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party		1,147	867
Freeland Venture Resources LLC ("Freeland")
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party		1,510
Cheerful Services International Inc. ("Cheerful")
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party		3,679
HPIL HEALTHCARE Inc. | Mb Ingenia
Related Party Transaction [Line Items]
Related party transaction, purchases from related party			24,194
Consulting agreement | Amersey Investments LLC
Related Party Transaction [Line Items]
Related party transaction, expenses from transactions with related party		20,000	15,000
Term of consulting agreement	2 years
Prepaid expenses		$5,000

BRAND_LICENSE_Detail_Textuals

BRAND LICENSE (Detail Textuals) (USD $)	1 Months Ended	3 Months Ended	12 Months Ended
	Dec. 29, 2014	Mar. 31, 2015	Dec. 31, 2014
Brand License [Abstract]
Number of shares of common stock for Brand License	752,000		752,000
Issuance of 752,000 shares of common stock for Brand License	$6,805,600
Brand license useful life	25 years	25 years

COMMITMENTS_Detail_Textuals

COMMITMENTS (Detail Textuals) (Product Reseller Agreement, WTFSKF, HPIL HEALTHCARE Inc.)	0 Months Ended
	Oct. 09, 2014
	unit
Product Reseller Agreement | WTFSKF | HPIL HEALTHCARE Inc.
Commitments And Contingencies [Line Items]
Term of agreement	3 years
Committed to order minimum number of units	1,500,000