HOLIDAY ISLAND, Ark., Feb. 19, 2019 (GLOBE NEWSWIRE) -- 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 $2,740,000.
The table below summarizes the acquisition targets and salient factors:
| # | ASSET | PRICE | NET | ROI | TIME |
| 1 | 1.4 ACRE SHOPPING CENTER LAND | $ 120 K | TBD | TBD | Q3 2019 |
| 2 | EL MARIACHI RESTAURANT | $ 120 K | $ 16,000 | 13.3% | Q4 2019 |
| 3 | PAREL DEVELOPMENT | $ 1.0 M | TBD | TBD | Q1 2020 |
| 4 | MEDICAL CLINIC & HELIPORT | $1.5 M | $140,000 | 8.2 % | Q3 2020 |
Gene Thompson - CEO and Chief Strategist of Holiday Island Holdings said, “As our acquisition plans have changed recently, we are pleased to make this announcement for proper disclosure and current investor communication. Also, as previously announced the Company has a couple of commitments from private investment firms to raise the capital via public offerings.
The Company’s main goals for 2019 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 www.holidayislandholdings.com.
About Holiday Island Holdings, Inc. (OTCPink: HIHI):
Holiday Island Holdings, Inc. is operating its core business in land development in a continued effort to acquire and further develop income producing commercial and residential real estate located in Holiday Island, Arkansas. The company is in the process of further developing a town poised to become the largest community between Northwest Arkansas Metroplex and Branson, Missouri, and prosper in its participation in the local retail, commercial, and residential markets.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
HIHI Contact:
Gene Thompson, CEO & Chairman
Phone: (479) 244-6047
Email: Gene@holidayislandholdings.com
Website: www.holidayislandholdings.com