Hollund Industrial Marine Schedules First Shareholder Conference Call Of 2012
BLAINE, Wash., Aug. 16, 2012 /PRNewswire/ -- Hollund Industrial Marine, Inc. (PINKSHEETS: HIMR) ("Hollund" or the "Company") announced today that the Company is preparing to host its first shareholder conference call; targeting Friday, September 28th, 2012 as the scheduled date for management to communicate directly with its international shareholder base.
"We cannot envision any better way to complete Q3 and begin what should prove to be an explosive Q4, than with a conference call meant to give shareholders greater insight into our decisions, growing operations and pending opportunities," stated Peter Meier, President of Hollund.
Over the past nine months, Hollund has made several adjustments to its executive management and business model that seem to have been very favorable thus far. Such corporate modifications have allowed Hollund to eliminate substantial debt, launch U.S and South American development teams and enact a share reduction program. Hollund has also been able to secure an exclusive technology license, regain favor with a notable wood distributor, begin courtships with C level executives, and gain significant investment interest for project financing.
Management indicates there are opportunities pending that are still expected to take form within this month. By the end of Q3 (September 30th), people close to the company suggest that Hollund could possibly begin shaping up to resemble an international purveyor of various types of underwater concessions as well as a one-stop shop for underwater tree harvesting, timber distribution and wood resale. There is also the consideration of "up-listing" as some prospective situations may require this effort to begin prior to year end.
"We certainly have our work 'cut' out for us – pardon the pun," Mr. Meier continued. "But we are a tenacious group by nature. Never giving up... never giving in. This is how we plan to conquer each required corporate action; by diligence and acquiring the best suited talent to continue building what we have started."
There will be a number of topics covered on the call; such as: the possible additions of executive staff members and/or Board Advisors. The non-dilutive method the company is using to reduce the issued common shares by over 40% will also be covered. Pending strategic relationships, possible partnerships, and, the status on South American, U.S and African prospective concessions will be discussed. Revenues and future revenue models will be covered along with one or two initiatives that management is confident will motivate and excite, not just the investing community, but the general marketplace at large.
Meier concluded, "We have come a long way and still have a road to travel. Only, the upside now being, at this juncture, we have gained some serious support and opportunities. There is not a doubt in the mind of anyone on the Hollund team, that our company will be one of the most prominent global leaders of eco-friendly timber harvesting... building an immeasurable value for shareholders while we do it."
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About Hollund Industrial Marine, Inc.
Headquartered in Blaine, WA, Hollund Industrial Marine Inc. (Pink Sheets: HIMR) seeks to align the interests of businesses, communities, utilities and governments by offering an integrated business model for underwater forest management. Hollund's model – including resource and needs assessment, permitting, environmental and project planning, logging, milling, product branding and sales adds value for our shareholders, our partners and reservoir based communities.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks.
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SOURCE Hollund Industrial Marine, Inc.