HOLIDAY ISLAND, AR / ACCESSWIRE / February 24, 2015 / Holiday Island Holdings, Inc. (HIHI), an emerging small cap company transitioning to a real estate development, management, and marketing firm, announced today its agreement with Affiliates to return 400,000,000 shares to the Company's Treasury.
Management and outside Advisors expect the change in the Company's capitalization structure, reducing the outstanding shares from approximately 980 million to near 600 million will have an immediate and long term favorable effect on shareholder value and stock liquidity, positioning the Company to realize its near and long term capital raises.
FORWARD LOOKING STATEMENTS
This press release, together with other statements and information publicly disseminated by Holiday Island Holdings, Inc., contains certain forward-looking statements within the meaning of Section 27 A of the Securities Act of 1933, as amended, and Section 21 E of the Securities Exchange Act of 1934, as amended. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond Holiday Island Holdings, Inc. control, and which could materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current expectations include the risk factors discussed in Holiday Island Holdings, Inc. filings with the Securities and Exchange Commission.
For more information and progress, please visit our website at www.holidayislandholdings.com
SOURCE: Holiday Island Holdings, Inc.