HOLIDAY ISLAND, Ark., Oct. 23, 2017 (GLOBE NEWSWIRE) — Holiday Island Holdings, Inc. (OTC Pink:HIHI) – a development stage company operating in the land development sector of the market – released the news today that the Holiday Island Wellness Center construction continues ahead of schedule.
In previous announcements, the new center, which will house the wellness services, activities, and equipment and the 24/7 fitness equipment in the Holiday Island Shopping Center. Originally, the open date was planned to be on or before the end of the first quarter of 2018. The wellness center owners, Sheila and Robert Wolf, are expediting the construction work so that the members and community can enjoy these expanded services and state-of-the-art facilities sooner.
The Wellness Center owner and construction general contractor, Robert Wolf, announced in the Holiday Island Chamber of Commerce meeting last week that the dirt work and plumbing stubs are complete, and they are ready to pour the foundation. Wolf also affirmed that he estimates the new facility will be open before this year end. The new Center is an 8,000 square foot, $ .5 million project.
Gene Thompson – CEO of Holiday Island Holdings and Treasurer of the Holiday Island Chamber of Commerce said, “We are pleased to make this announcement, as it significantly enhances the medical and health services available to the community. And, as previously disclosed, this project makes our pursuit of the medical clinics even more meaningful to be able to dominate the local medical and health services.”
The Company is in the process of raising capital to acquire income producing commercial real estate located in the Holiday Island Shopping Center and become a significant player in local commercial markets at Holiday Island, Arkansas and the nearby area.”
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 Northwest Arkansas Metroplex and Branson, Missouri, and prosper in its participation in the local retail, commercial, and residential markets.
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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. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
Gene Thompson, CEO & Chairman
Phone: (479) 244-6047