Business
Medical Clinic II Scheduled to Open in February 2018
Medical Clinic II Scheduled to Open in February 2018.
About this update from Ep3oil, Inc.
[{"type":"text","content":"\n\n HOLIDAY ISLAND, Ark., Feb. 01, 2018 (GLOBE NEWSWIRE) -- Holiday Island Holdings, Inc.  (OTCPink:HIHI) - a development stage company operating in the land development business – released the news today that Medical Clinic II is now scheduled to open in February, 2018.\n Medical Clinic II is one of only two clinics located at the Holiday Island Shopping Center serving the Holiday Island Community and the nearby area.  It is adjacent to the medical clinic compound consisting of Medical Clinic I and the Heliport.  The two clinics and the heliport consist of 3 acres in the middle of the shopping center, and the clinics have 620 feet of frontage along Arkansas Scenic Hyway 23.            It was previously announced that a nearby hospital has made an arrangement with the Clinic II property owner to lease the space for 5 years.  At an estimated annual net income of $ 40,000 and an acquisition cost of $500,000, the clinic would generate an annual return of 8 + %.                                    Gene Thompson - CEO and chief strategist of Holiday Island Holdings said, “We are pleased to make this announcement, as it will bring further and much needed medical services to Holiday Island and the nearby communities.  Their presence greatly expands the health and medical services for the whole area. This is a real plus for our rural community and large number of retirees.” “This development adds to the strength of our plans to dominate the local medical services with the planned acquisition of Medical Clinic I, Medical Clinic II, and the Heliport in stages for a total acquisition cost of $1.5 million and projected annual net income of $ 140,000.” The Company is in the process of raising equity capital to realize its acquisition plans of commercial income producing real estate located in the Holiday Island Shopping Center with the assistance of an Atlanta-based private investment firm. 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 ...