$HIHI News Holiday Island Holdings, Inc. Closing I
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Holiday Island, Arkansas--(Newsfile Corp. - November 30, 2020) - Holiday Island Holdings, Inc. (OTCPink:HIHI) - operating in the recreational and remote living real estate market - released the news today that The company - through its real estate advisor - continues to make progress on its targeted RV park located in north Texas. The purchase arrangement is in its contracting phase, and due diligence continues.
A funding source in Houston has verbally offered to fund the planned transaction, and then lease the property to HIHI for operational purposes. At this time we anticipate - due to Covid-19 concerns and U.S. election issues - that a planned closing of this purchase may not occur until the first quarter of 2021.
https://www.barchart.com/story/stocks/quotes/...orth-texas