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Happy Town Holdings Inc
Announces acquisition of new subsidiary
Business
Nov 19 2019
3 min read

Announces acquisition of new subsidiary

New York, NY – November 18, 2019Happy Town Holdings, Inc. (OTCPK:HPTN) announces acquisition of new subsidiary Interspace Global, Inc.

            Today we are excited to announce the acquisition of Interspace Global, Inc., a US based real state holding company. The acquisition of this new subsidiary will allow us to complete part of our overall growth objectives. This new subsidiary will pursue opportunities in US Asset Based acquisitions including real estate assets, this is part of our new multi focused strategy.

            Happy Town Holdings, Inc., though this new subsidiary, will find and acquire a variety of both income producing and undervalued properties, with an initial focus in the Western Coast of the United States. Our goal will be to continue to build shareholder value through strategic acquisitions of valuable assets. “Although real estate will not be our core business focus, it is an important step in our overall business strategy of the company and we feel will bring strength and stability during our growth strategy” said Mr. Greg Sell, Happy Town Holdings, inc. CEO. “We are already researching additional targets and expect to move quickly when we identify qualified opportunities” added Mr. Sell.

Interspace Global, Inc. is a real estate asset holding company based in California USA. This newly started company already has significant assets and will offer an excellent start to our new multi strategy approach. This company was chosen after several months of diligence and analysis on the California market.

We look forward to continuing to be transparent with our shareholders and communicating our progress as we progress in our current and future endeavors.

About Happy Town Holdings, Inc.

Happy Town Holdings, Inc. is a multi-strategy company with a focus on developing or acquiring natural based solutions to promote better health. Currently, the Company is searching/researching for additional investment opportunities, with a principal business objective in the health and wellness sector the company will also look for valuable assets that will strengthen the company and sustain its growth. 

Cautionary Statement Regarding Forward-Looking Statements

Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Company’s expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering. When used herein, the words “anticipate,” “believe,” “estimate,” “upcoming,” “plan,” “target”, “intend” and “expect” and similar expressions, as they relate to the Company, its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, risks related to receipt of working capital, identification and acquisition of economically desirable properties, industry risks, risks related to litigation, property title, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of natural resources and reserves and other risks. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. All forward-looking statements and information made in this release are qualified by this cautionary statement.