World News: 20:21 GMT Tuesday 28th May 2019. [Holiday Island Holdings, Inc. via Globe Newswire via SPi World News]
HOLIDAY ISLAND, Ark., May 28, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Holiday Island Holdings, Inc. (OTCPink: HIHI) - a development stage company operating in the land development sector of the market – announced today that it has updated its commercial acquisition schedule for 2019 and 2020 with the cost totaling $4,620,000.
Gene Thompson - CEO and Chief Strategist of Holiday Island Holdings said, “I am pleased to announce we have strategically adjusted our schedule for 2019-20. This adjustment is related to additional projects, increasing our total acquisitions by $2 million from our previously announced Tiny Home Development.”
“This expanded Tiny Home Project stems from our continuing work with a Colorado-based tiny home developer/manufacturer.”
Mr. Thompson further stated, “As previously announced, the Company has commitments from two (2) private investment firms to raise the acquisition capital to implement our development and acquisition plans via non-toxic unregistered public offerings. We believe as our business plan is implemented and earnings begin to accrue, we will be in a prime position to expand our income producing assets via the acquisition of other existing commercial properties.”
The Company’s commercial and residential growth is expected to be accelerated by its proximity to the Northwest Arkansas Metroplex, which is the 3rd fastest metro growth in the U.S.
Also, the Company will post its Q1 2019 OTC Report on Tuesday, May 28, that will change our financial status back to “Current”.
The Company’s main goals for 2019 and 2020 are to finalize a multi-million dollar fund raise and become a significant player in local commercial and residential markets at Holiday Island, Arkansas.
Holiday Island Holdings, Inc. will keep both its shareholders and public completely informed of the entire process as the details continue to develop. Please watch for regular press releases about the Company’s progress. For additional information, please visit the Company’s website at .
HIHI Contact: Phone: (479) 244-6047 Email: Website:
Globe Newswire: 20:21 GMT Tuesday 28th May 2019
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.