VillageEDOCS Announces Holiday Island Real Es

SAFETY HARBOR, Fla., Jan. 13, 2014 /PRNewswire/ -- VillageEDOCS, Inc. (OTCPK:VEDO), an emerging small cap company transitioning to a real estate development, management, and marketing firm, announced today it entered into a Purchase/Option Agreement in the 4 ^th quarter of 2013 with Holiday Island Development Corporation (HIDC) giving VEDO an option to acquire all or parts of HIDC's real estate holdings located at Holiday Island, Arkansas in a planned multi-transaction process, to be funded by the issuance of VEDO securities. Existing VEDO shareholders will maintain twenty percent (20 %) of VEDO or its successors.

In connection with the Agreement, new board members were elected on November 11, 2013 consisting of S. Gene Thompson, James L. Jones, and Michael D. Adams, who have real estate and financial industry experience. Accordingly, the new board members are believed to be better suited to lead VEDO in the development and implementation of a real estate based strategic plan going forward.

The plan is to transition VEDO from a publicly held entity with no operating divisions to an entity with operations by placing the real estate holdings of HIDC into VEDO, recapitalize the Company, and create market awareness. Additionally, there are efforts in place to change the Company's name and symbol to more closely reflect its current and planned operations. There are also plans to upgrade VEDO to a fully reporting SEC company.

FORWARD LOOKING STATEMENTS