Holiday Island Holdings, Inc. (OTCPK:HIHI) reported it has a Reg A + unregistered offering in the works with a New York-based investment firm. According to a media release, the Company has an agreement with GPL Ventures LLC a New York City-based investment group and it is in the process of completing the documents to raise up the $5 million this year. As announced in recent press releases, the proceeds will be used to acquire certain properties located in the Holiday Island Shopping Center at a discount to market value, operate them at high yield, with the option to dispose at premium market prices. The properties to acquire consists of two (2) Medical Clinics and the adjacent Heliport and $2 million for the top 3 financially performing buildings in the center of the shopping center where consumer traffic is the heaviest.