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Hollund Industrial Marine HIMR
Posted On: 01/31/2014 12:02:12 PM
Post# of 17862
Posted By: Kgem
Re: Mrose33 #11218
You are welcome Mrose33.  I don't have a lot of time today, but I did see your question and thought I should reply.  Hollund's shares will be eliminated (cancelled).  While any company can issue additional shares at any time they wish to, in Hollund's case that would be counter-productive.  Hollund has repeatedly stated the high share count is an embarrassment, and claim they wish to increase shareholder value.  Also, as a general rule, companies with high share counts often find it more difficult to acquire financing, and this is another reason to eliminate excess shares.




















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