OTC Stock News

[Robertscott]

$HIHI Acquisition of the 3 top performing buildings would give HIHI a monopoly on the local retail markets and, it will create synergy from its related services and proximity to the Medical Clinics.

The 3 buildings consist of Sunfest Market, the most popular grocery store in the area; Powell's Hardware, a very successful regional chain; and, Fred's Discount and Pharmacy, a top performing store in the regional chain.

Combined, these buildings have 51,000 SF of rental space on 3.5 acres, and they generate ~ $ 190, 000 of annual net lease income at a 9.2 % ROI.

Acquisition costs are as follows: 1) Sunfest - $1,000,000 M, 2) Fred's - $ 660,000, 3) Powell's - $ 340,000.

http://www.marketwired.com/press-release/holiday-island-holdings-inc-is-in-the-process-of-a-reg-a-5000000-offering-otc-pink-hihi-2226737.htm