Jolly then asked about the Company's plans for funding. "That also could be a game changer because it's right here in our backyard." "We're negotiating that right now," he said. "The second one is a campground located in Arkansas located near our corporate office," explained Thompson. "If we could acquire it by the first of March, we believe we could improve that to about $110,0," he shared, noting that the facility can also be expanded rapidly. "This park in Texas is throwing off about $84,000 in EBITDA," said Thompson. Thompson elaborated on the process and potential of closing on the $1.3 million RV park. "What are your plans going forward in 2021?" asked Jolly. "I'm pleased to tell you that we already have $50,000 equity in it." "We also bought our first residential property, that now is our corporate headquarters," shared Thompson.
"Since early last year, we've been seeking out residential and commercial properties in our marketing area, which includes Texas, Oklahoma, Missouri, Arkansas, and Lousiana," said Thompson, adding that the Company also added two members to their advisory board in 2020. "If we get that accomplished, that should be a game changer in terms of our attractiveness to investors." We're expecting to close that sometime around the first of March," said Thompson. "Right now we have a $1.3 million RV park near the Dallas Fort-Worth metro, which is a hot market under contract. "It helped our industry because it lends itself to remote living, and that's what we do, by design," said Thompson regarding the pandemic. Thompson then elaborated on the challenges of the COVID-19 pandemic, as well as the Company's achievements throughout 2020. "Right now we're trading at around 10 cents, but we believe that we're undervalued," he continued, adding that the Company will be launching an IR campaign to generate more awareness and interest. "We're a publicly traded company we trade on the OTC Pink under the ticker symbol 'HIHI'," shared Thompson. Jolly began the interview by asking about the Company's background and current projects. CEO of the Company, Gene Thompson, joined Stock Day host Everett Jolly.
(OTC Pink: HIHI) ("the Company"), a development stage company involved with recreational, residential, and commercial real estate in our defined regional market. January 20, 2021) - The Stock Day Podcast welcomed Holiday Island Holdings, Inc.