11/20/2022 0 Comments Holiday island holdings inc![]() 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. For additional information, please visit the Company's website at Forward-Looking Statements Disclaimer: Please watch for press releases about the Company's progress. ![]() will keep both its shareholders and public completely informed of the entire process as the details continue to develop. We particularly like the Texas market due to its substantial and continuing growth, especially those areas that are within one to two hours from the five or six major demographic markets in the State." He also commented: "This park is high yield as is, and it is suitable for extensive expansion after it is acquired, including an increase in RV rental spaces, the addition of RV rental units owned by HIHI, and the purchase for rent of cabins and tiny homes. We will keep you advised or our progress." Gene Thompson - the Company's CEO - said: "We continue to make significant progress on this acquisition now moving into the expected final financing and closing phase. We hope to report positive progress within the next several weeks." election issues - that a planned closing of this purchase may not occur until the first quarter of 2021.Īdditionally, our advisor has identified several other prospective acquisitions for the Company to consider, and it is conducting preliminary due diligence on each of them. ![]() At this time we anticipate - due to Covid-19 concerns and U.S. ![]() The purchase arrangement is in its contracting phase, and due diligence continues.Ī funding source in Houston has verbally offered to fund the planned transaction, and then lease the property to HIHI for operational purposes. (OTC Pink: HIHI) - operating in the recreational and remote living real estate market - released the news today that The company - through its real estate advisor - continues to make progress on its targeted RV park located in north Texas. November 30, 2020) - Holiday Island Holdings, Inc. ![]()
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