Hipso Multimedia Announces Execution of Asset Purchase Agreement and Reverse Split

MONTREAL, Dec. 15, 2011 /PRNewswire/ - Hipso Multimedia Inc. (OTCBB: HPSO) is pleased to announce that effective November 30, 2011, it has completed an asset purchase agreement (the "Agreement") acquiring all of the assets of Buildablock Inc. ("Buildablock Assets") from 3324109 Canada Inc. and 8040397 Canada Inc., both Canadian corporations. In connection with the acquisition of the Buildablock Assets, the Company intends to file and Information Statement on Schedule 14C: (i) to implement a reverse...continued HPSO

URL: http://www.investorpoint.com/news/OTCBULLB/46921439/