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Holiday Holdings Holiday Island, Arkansas-based Holiday Island Holdings Inc. (OTC Pink: HIHI) – operating in the recreational and remote living real estate market – announced in a press release Oct. 29, that it is negotiating a potential acquisition of a second highly recognized large RV and cabin park with substantial amenities near a major Louisiana metro area.

The company has appointed the Lantana Capital Advisors – a real estate consulting firm – to assist in the negotiation of the acquisition of the property as its binding agent. The acquisition is pending completion of the due diligence, financing, and verification of the park’s EBITDA.

Gene Thompson, CEO and Chief Strategist of Holiday Island Holdings, said, “We are excited about reaching this phase on this second park with the expectation of closing them by mid-December.”

He further stated: “Our primary focus is to locate opportunities that are now operating in an earnings mode, which may be underperforming, and therefore undervalued. Our management team is experienced in locating, acquiring, enhancing, and remediating these situations, and they expect to increase their profitability accordingly. While we are seeking existing operational properties, we will also consider those that have physical facilities in place but are not currently operational, and in fact, we are sharply focused on two of those prospects at this time. We will keep you apprised of our progress.

“We are also seeking suitable funding to become a significant player in our chosen geographic real estate segments. We are currently evaluating numerous prospective recreational and remote-living opportunities, and we will report these to shareholders and the investment community as they materialize,” Thompson continued.

Holiday Island Holdings Inc. will keep both its shareholders and public completely informed of the entire process as the details continue to develop. Please watch for press releases about the company’s progress. For additional information, please visit the company’s website.