Holiday Island Holdings, Inc. (OTC Pink: HIHI) operates within land development projects across Holiday Island, Arkansas. Shares of the land developer are rallying 27.27%, through early trading on Thursday, November 30, 2017. Over the past month, the company has seen average daily volume of 2.8 million shares. However, volume of 33.46 million shares or dollar volume of $46,844, has already exchanged hands on the day.
Shares of Holiday Island Holdings, Inc. are gaining today, after the company announced that it is nearing financial backing from private investment firm out of Atlanta, GA. The financing will assist the company in continuing to develop its current project and expand its holdings into other revenue-generating businesses. Here is the full press release detailing of the financing:
Holiday Island Holdings, Inc. Press Release:
HOLIDAY ISLAND, Ark., Nov. 30, 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 has made an arrangement with an industry leading Atlanta-based private investment firm to raise the capital for its commercial income producing properties, all located at Holiday Island, Arkansas.
The following properties can/will be acquired in stages in order of highest occupancy and yield, and strongest tenants; El Mariachi Restaurant, Powell’s Hardware, Medical Clinic I, Sunfest Super Market, and Fred’s Dollar & Pharm. Growth at Holiday Island will be continued and accelerated by our proximity to booming Northwest Arkansas Metro. NWA is the third fastest growing metro in the U.S., and it is headquarters for WalMart, Tyson Foods, and J. B. Hunt Transportation.