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Monday, October 31, 2022 10:55:40 AM
https://www.otcmarkets.com/stock/HIHI/news/HOLIDAY-ISLAND-HOLDINGS-INC-HAS-EXECUTED-A-DEFINITIVE-AGREEMENT-TO-INVEST-IN-PRODUCING-OIL--GAS-PROPERTIES-WITH-PROJECTE?id=378160
In 2022, the following were accomplished: 1) Consummated a Consulting Agreement with a PCAOB Audit Firm (Borgers CPA) to assist the Company in uplifting to the OTCQB and to complete the required upfront two-year Audit (2020, 2021) and current year (2022) Quarterly Reviews; 2) Secured a $50,000 cash investment from a Houston-based Investor/Real Estate developer to be used to pay for the Company’s OTCQB Uplift; 3) Negotiations for a $50 million loan with a 3rd party investor continues 4) secured a verbal commitment from our Houston-based investor to contribute $100,000 in cash and $50,000 in HIHI stock to acquire oil and gas rights generating $12,000 per month in cash flow from a Company associate oil and gas expert 5) completed financial statements for years 2020 and 2021 and turned them over to the Auditors and now working to complete Auditor Inquiries and information requests with the expectation of completing the require 2-year audit and uplift to the OTCQB in this the 3rd quarter of 2022 and Q1 and Q2 Reviews. We believe these developments will have positive and favorable effect on our stock
Why would a company with producing wells want or need to do a deal with a company like Holdings Island Holdings?
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!
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