Dated October 18, 2013

To Friends & Shareholders of Hollund Industrial Marine,

At the open of the week, it was anticipated a formal announcement (good, bad or indifferent) would be made. This was providing that pertinent pieces on a variety of issues – Bayano in particular – came to fruition to discuss. While there a number of updates to make, they may not resonate until the most important (or what we believe to be the most important) topics are talked about.

We sometimes get so caught up in the operational endeavors, we can easily forget about what may be deemed as “little things.” However, “little things mean a lot.” So we thank the shareholders who contacted us today to remind us of this.

Before we venture to make any definitive statements, there are a few “I’s” and “T’s” to dot and cross. So again, we ask that you all continue to be patient as we sort out remaining corporate growth matters.

We will soon emerge from this holding pattern and no longer be “Dark” with our communications.

Thank you,

Respectfully,
Peter Meier
President