Holiday Island Holdings Inc (HIHI)

[Axxxe]

Comprehensive Research: Holiday Island Holdings, INC., USOTC Pink Current: HIHI.
My 2016 surprise blindside smack of the year. It happens. This one just felt evil.
My return gift is factual research for everyone else.

Abbreviated report exhibits all published agendas, filings, press releases and more.
Period: December 01, 2015 through February 05, 2017.
All information verifiable on otcmarkets.com unless otherwise noted.
My opinions are clearly distinguishable from the abbreviated facts, I believe they are interjected fairly.

Incorporated In: Delaware. (DE hides transparency, viewing actions/amendments requires a fee.)
> Holiday Island Holding, INC, effective February 13, 2014.
‘Transitions to a real estate development, management, and marketing firm’.
> Previous: VillageEDOCS, Inc. (OTCPink: VEDO) formed in 1997.
‘A global outsource provider of business process solutions’.

http://holidayislandholdings.com/.
> A mostly outdated site with broken social media links. Current items are default embeds and links to finance.yahoo.com and otcmarkets.com. Some nice pictures.
> Links to holidayislandar.com and hichamber.com refer to mostly outdated sites, however, they appear to be in good standing with the State of Arkansas and not vanishing pumpers.
(You can still register for the May 13 and 14, 2016 Jeep Fest!)

Twitter Spam/Promotion/Research? Link: (No official social media sites found)
> https://twitter.com/search?f=tweets&vertical=default&q=%24HIHI&src=ctag

News/Updates/Press Releases, the real story:

December 01, 2015 Press Release:
> Major progress in operations, held Special Board Meeting Nov 25 for strategies to enhance shareholder value and stock liquidity.
> Filed Q3 Report on time to stay Current, continued near term capital raises, expanded Board Members, hired Uptick Newswire for IR efforts, updating website to match operations.

(Critical Thought: Imagine you have 2B shares you must sell to compensate yourself and your Board Members, you are the only employees. Also, pretend your entire operation is funded off selling shares, using shares as payments, even salaries are paid by shares if you can’t find someone to finance you. Why? because you don’t sell or own anything, your entire company is based off finding someone to fund your goal as supreme dictator of a developing island. Just pretend, there could be more to it.)

December 21, 2015 Filing:
> Six Board Members agree to two year agreements: Gene Thompson CEO, Gary Tilden COO, three Advisors and one Member.
> 1.945B Restricted Shares (RS) issued as bonuses and other with interest & market discounts, par value $.0001. Base value is $194.5K for year one, $155k for year two.
> Salaries: Gene Thompson $180k, $62.5k for the other five totaling $242.5k per year.
> Total year one and two base compensations: $437k and $397.5k, or $36.42k and $33.13k per month respectively. These are HIHI’s only employees as far as I can tell.
(I don’t know if this is outrageous or fair, even with no revenue, nominal assets and high liabilities their share structure can support it for a few years so maybe it’s okay?)

December 30, 2015 Press Release:
> Closing the year in position to realize its goals going into the new year!
> Working diligently to go live with updated website.

January 25, 2016 Press Release:
> In final negotiations to purchase a 2.5-acre tract on land in the Holiday Island Shopping Center!
> New website live!

February 09, 2016 Press Release:
> Executive management team to deploy its first purchase and development project!
> Gene Thompson “This has been two years in the making”, “privilege to announce that we are now launching our program”, “decades of experience”, “developing our revenue stream and building value for our shareholders”, “potential project value for our land development projects exceed $35M”!

March 08, 2016 Press Release:
> In final negotiations with the Holiday Island developer to move forward with $35M project!
> Gene Thompson “excited”, “our first purchase would be the 20-acre Shopping Center, including an additional 20 acres of un-platted land, with 19 tenants producing approximately $750,000 in annual rental income. Operating expenses are approximately $121,000 per year and with an annual net operating income of $644,000”!
> We expect our shareholders will be excited, enhancing stock liquidity and shareholder value.
(Wait, it was just 2.5 acres on Jan 25 but who cares, petty details, this sounds amazing!)

March 14, 2016 Press Release:
> In final negotiations with Kansas City based firm to provide financing to purchase Holiday Island real estate!
> Gene Thompson “excited”, “firm to provide funding from $10 to $35M”, “continuing efforts to improve stock liquidity and shareholder value including evaluating a share buy-back program”!
(Amazing! Critical Thought: You’re still just worried about stock liquidity and value, your game is funding yourself from your shares, buying back shares just to dump billions makes no sense, hmm. Oddly enough, share buy-backs are never mentioned again. In fairness, it could’ve been real had this negotiation went through.)

March 23, 2016 Apparent paid promotion, one of three daily stock picks!
> https://upticknewswire.com/daily-picks-for-32316/

March 28, 2016: Uptick Network Radio Show Podcast (11:40m) with Gene, apparent paid promotion.
> Repeat of information already published, fair and realistic pump, he was at least honest or caught off guard (6:55) that short term income is based off sharing shares, longer term includes getting current, a bridge loan, and making a registered offer for around ‘10M bucks’. https://upticknewswire.com/uptick-network-interview-with-ceo-gene-thompson-with-holiday-island-holdings-inc/

March 28, 2016 Press Release:
> NW Arkansas named 3rd best place to live in U.S!
> Gene Thompson “This once again confirms the importance of Holiday Island’s proximity”, “Holiday Island is a natural fit”.
> HIHI has the unique opportunity to take exclusive developer rights.
> Expect shareholders will be excited, enhancing stock liquidity and shareholder value.
(It could be just me, shareholder value is the common default correct answer, stock liquidity just doesn’t seem like the typical and consistently announced priority, is it because dumping his personal shares is the priority?)

March 30, 2016 Filing: Annual Report ending 2015 Dec 31.
> Total Authorized Shares (AS) 12B, total Outstanding Shares (OS) 2.9B.
> Revenue 0$, Total Assets $2.2k, Total Liabilities $1.6M
> Appears to have done a lot of company and debt restructuring.
(Considering the shift in direction and trying to ignore revenue, assets and liabilities, this filing seemed to provide confidence things were heading in the right direction, I believe it was intended to, a lot appeared done on paper.)

March 31, 2016 Filing: Attorney letter for 2015 Annual report.

April 04, 2016 Apparent paid promotion, one of three daily stock picks!
> https://upticknewswire.com/daily-picks-for-4416/

April 04, 2016 Press Release:
> 2015 OTC Annual Report and legal opinion filed on time, comprehensive.
> Working diligently to become fully reporting.
> Gene Thompson “pleased”, “gives access to shareholders and investors”, “financial reporting status Current”, “strong position to ramp up plans”.
> Expect shareholders will be excited, enhancing stock liquidity and shareholder value.

April 11, 2016 Apr 11 Press Release:
> Entered LOI with Holiday Island Development Corporation to acquire commercial property at the Holiday Island shopping center.
> First in a planned series valued at $35M.
> Gene Thompson “very pleased”, “expect the acquisition will be final in approximately 45 days”.
(Holy smoke this is going to happen!)

May 16, 2016 Filing: Quarterly ending 2016 Mar 31.
> Total AS 12B, total OS 3.6B (700M increase from Dec 31, 2015).
> $0 Revenue, $19.2k total assets, $1.58M total liabilities.
> Operating essentially off shares, trying to get near term funding partner, complete a bridge loan, go fully reporting, upgrade to AMEX, establish an ongoing IR campaign to improve stock liquidity and shareholder value, complete a registered offering of $12M to purchase Holiday Island Shopping Center for $10M.
(HIHI being very transparent here, gaining confidence, we can survive a lot of 700M OS increase quarters while everything works out, this is looking really good!)

June 03, 2016 Press Release:
> Reducing AS from 12B to 6B.
> Gene Thompson “best interest of existing and future shareholders by driving stock liquidity and shareholder value”.
(Okay, but not exactly my biggest concern at the moment, this stock’s about to explode isn’t it Gene? He’s probably just ten steps ahead trying to meet them Big Ticker requirements!)

June 10, 2016 Press Release:
> In merger negotiations with a major TX-based real estate company!
> Gene Thompson “in negotiations for several weeks”, “exchanging due diligence”, “hope to close a merger in the next 45 days”, “potentially huge immediate and on-going positive effect”!!!
(Incredible!)

June 13, 2016 Press Release:
> Making progress reducing AS to 6B from 12B.
> Paperwork completed and submitted to Delaware.
> Gene Thompson “expect reduction will be effective within the next 30 days”.
> Gene Thompson “best interest of existing and future shareholders by driving stock liquidity and shareholder value”.
(Okay, about right OS without doing any Reverse Splits, should drive share prices up, has to be that Big Ticker agenda, you go Gene!)

June 20, 2016 Press Release:
> TX based real estate merger making positive and timely progress.
> Gene Thompson “This will continue positive net profit and cash flow”, “potentially huge immediate and on-going positive effect”, “improve and sustain stock liquidity and shareholder value”.
(Can I start spending now Gene!)

Aug 12, 2016 Press Release:
> TX based real estate co will not move forward.
> “On a positive note” entered formal agreement with (Rosen Capital Advisors, LLC), providing some short-term capital and helping reorganize cap table.
> Gene Thompson “we must do what is in the best interest of those shareholders”, “felt imperative to cancel merger”, “restructuring cap table and additional market maker involvement will create enormous value for all shareholders”.
> Will keep shareholders and public completely informed of entire process as details unfold.
(Snap, so KS City based agreement didn’t work and now the Texas based merger isn’t going to happen. It’d be nice to know what keeps everything from completing, they were both promoted as almost done and going well! No need to panic, we have plenty of time, be choosy Gene!)

August 15, 2016 Filing: Quarterly ending 2016 Jun 30.
> Total AS 12B, total OS 4.25B (650M increase since Mar 31, 2016).
> $0 Revenue, $15.4k total assets, $1.53M total liabilities.
> Mostly regurgitated information, using Uptick Newswire for PR programs to increase stock liquidity and shareholder value.
(Only at 4.25B OS! No need to make dumb decisions, play it right Gene!)

December 15, 2016 Filing: Quarterly ending 2016 Sep 30.
> Total AS 12B, total OS 4.25B (No real change since June 30, 2016!).
> $0 Revenue, $6k total assets, $1.64M total liabilities.
> Gary Tilden, COO and Director resigns.
> Discontinued Yorkshire Capital and Meyer Consulting and went with Rosen Capital for interim funds, long term capital raises and asset roll-up.
(Whew! Scared me Gene! What happened to Mr. Tilden? You went from continuous updates to complete silence for five months after saying you’d keep us completely informed! Look at that filing, almost no change since Q2 filing!)

December 23, 2016 Announcement: Criminal Level 1:30,000 Reverse Split
> Effective Dec 20, 2016 resulting in 141,694 Outstanding Shares. (Merry Christmas!)
(Why Gene, it doesn’t make sense, it didn’t appear close to being required for common shareholders, this has to be somehow tied to Restricted Shares compensation and you liquefying them? It is surprisingly odd that all them Restricted Shares are redeemable about this time.)

January 24, 2017 Press Release:
> Table Reorganization “enables real and meaningful shareholder value”
(My 94.8% decrease in share value truly is real and meaningful!)
> Will continue with CA based investing/consulting firm since it provided capital needs. They will continue to assist in making designed plans even more attractive to shareholders.
> Gene Thompson “we must do what is in the best interest of those shareholders”.
> Goals for 2017 are to finalize a multi-million-dollar fund raise to further the build Holiday Island community.
(I have a billions of shares I can re-issue now, thanks everyone!)

I walk away with these final thoughts, I’ll have to check back someday to see which ended up being true;
1. There’s something to this, Gene working hard, this is only one investor away from boom!
2. Everyone but Gene and his Board just blatantly raped me and all shareholders for over 90% of our money legally and without repercussions, is laughing, and is set up to do it again.
3. Gene working his tail off, disappeared in August after the 2nd investor fell through because he has a massive success agenda he’s had to keep a secret and will inform us at any moment!
4. Gene had a serious accident and missed several months in intensive care, it’s personal in nature and fair to keep silent for now. Get better Gene!
5. Gene made a handful of default press release comments, jokingly called a couple people for loans (in case he gets investigated to support his press releases) knowing nobody would ever loan 35M to no revenue, no products, no assets and over 1.5M in liabilities. He laughingly walked away with possibly over $500k after restricted share discounts, set up a great shell with no commitments to do it several more times, and worked less than 40 hours for the year to do it!
6. His Reverse Split team is charging him 10% on a couple $4k loans, imagine the interest on $35M? 3925% and all your friends and family’s critical organs? The only business agenda the entire time is his salary and Restricted Shares, he makes a killing without ever working, no agenda will ever finalize for one reason or another, that would lead to actual work, buy shares!
7. Gene simply couldn’t offload any shares because he owns the worst PR in history. He’s pursuing a social media type setting with zero social media sites. A couple 12-year-old kids could possibly and laughingly upgrade his website and PR. The paid promotions are pathetic, how much did you pay for Uptick Newswire? Wow. Maybe the key was to never pump this too much for future purposes? Hmm. I would have difficulty NOT pumping it.
8. I need to figure out how to get a shell for myself, I’m clearly playing life the wrong way.

Good Luck to All!