Business
Holiday Island Holdings, Inc. Is Negotiating With an Additional Private Investment Firm
Holiday Island Holdings, Inc. Is Negotiating With an Additional Private Investment Firm.
About this update from Ep3oil, Inc.
[{"type":"text","content":"\n\n HOLIDAY ISLAND, Ark., Nov. 21, 2017 (GLOBE NEWSWIRE) -- Holiday Island Holdings, Inc.  (OTCPink: HIHI) - a development stage company operating in the land development sector of the market – released the news today that it is negotiating funding with a New York-based private equity firm.\n The Company is talking with a New York-based private equity firm about initially providing up to $200,000 in equity funding to acquire its first commercial income producing real estate.  The acquisition target is the only operating restaurant located in the Holiday Island Shopping Center. As indicated in prior press releases, the $200,000 acquisition costs include $120,000 for the Mexican Restaurant that generates an annual ROI of 13.3%, and $80,000 in prime land in the shopping center that will be further developed into additional income producing properties. Gene Thompson, CEO of Holiday Island Holdings said, “We are pleased to make this announcement as discussions progress.  At this point, I can say that there is certainly a mutual interest, and hopefully an arrangement will be reached soon that would also be complementary to our other investment commitments.” The Company’s main goals for 2017 are to finalize a multi-million dollar fund raise and become a dominant 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 the Northwest Arkansas Metroplex and Branson, Missouri, and become a dominate player in the local retail, commercial, and residential markets. Forward-Looking Statements Disclaimer: This press release contains forward-looking statements within th...