Holiday Island Holdings Inc (HIHI)

[Axxxe]

Abbreviated History HIHI: Dec 2015 to Feb 2017
Included: All published agendas, filings, press releases etc.
All information verifiable on otcmarkets.com unless otherwise noted.
All abbreviations are my interpretations only.
All abbreviations are intended to be fair without opinion and bias.
Always do your own research before investing.

December 01, 2015 Press Release:
* Board Meeting for strategies to enhance shareholder value and stock liquidity.
* 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.

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 issued as bonuses & 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.

December 30, 2015 Press Release:
* Closing year in position to realize goals for new year, working to go live with updated website.

January 25, 2016 Press Release:
* In final negotiations to purchase 2.5-acre tract in Holiday Island Shopping Center.
* New website live.

February 09, 2016 Press Release:
* Executive 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.

March 14, 2016 Press Release:
* In final negotiations with Kansas City based firm to provide financing.
* 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”.

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 published information, fair and realistic pump, (6:55) short term income is based off selling 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 “confirms the importance of Holiday Island’s proximity”, “natural fit”.
* HIHI has the unique opportunity to take exclusive developer rights.
* Expect shareholders will be excited, enhancing stock liquidity and shareholder value.

March 30, 2016 Filing: Annual Report ending 2015 Dec 31
* Total Authorized Shares 12B, total Outstanding Shares 2.9B.
* Revenue 0$, Total Assets $2.2k, Total Liabilities $1.6M.
* Appears to have done a lot of company and debt restructuring.

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”.

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.

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”.

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”.

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”, “best interest of existing and future shareholders by driving stock liquidity and shareholder value”.

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”.

Aug 12, 2016 Press Release:
* TX based real estate co will not move forward.
* 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.

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.

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, went with Rosen Capital for interim funds, long term capital raises and asset roll-up.

December 23, 2016 Announcement: 1:30,000 Reverse Split
* Effective Dec 20, 2016 resulting in 141,694 Outstanding Shares.

January 24, 2017 Press Release:
* Table Reorganization “enables real and meaningful shareholder value”. (94.8% decrease in share value @ $0.155 PPS)
* 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.

February 21, 2017 Press Release:
* In talks with seller to identify and determine order of acquisition of income producing properties.
* Acquisitions planned to start 2nd quarter of 2017.
* Gene Thompson “first targeting commercial properties”, “high occupancy and returns”, “strong tenants”, “main 2017 goals are to finalize multi-million-dollar fund raise’, “become significant player”.
* Will keep shareholders and public completely informed of entire process as details develop.

GLTA