HIHI - Announces $1.3 Million Cancellation of Convertible Debt
Holiday Island Holdings
Announces $1.3 Million Cancellation of Convertible Debt
07/09/2018
The debt consists of
$602,008 in original principal and $708,547 in interest through June 30, 2018.
The write off will be reflected in the Company’s Q-2 2018 OTC Report.
Gene Thompson -
CEO and chief strategist of Holiday Island Holdings said,
“We are pleased to make this announcement as it immediately provides significant equity to the Company’s balance sheet, and advances our effort to cease debt conversion at some point.”
Gene Thompson, CEO & Chairman Phone: (479) 244-6047