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Hollund Industrial Marine HIMR
Posted On: 03/26/2013 12:18:17 PM
Post# of 17862
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Posted By: Integracer02
Re: Kgem #933
I think this goes right with your post on this partnership. It almost spells it out what future possibilities are as far as a possible buyout later on.
BLAINE, Wash., Aug. 22, 2012 /PRNewswire
Details of the MOU have not yet been disclosed but management intends to elaborate on the matter at the shareholder conference call. However, sources close to both companies indicate that while it appears this strategic partnership is solely a dedicated sales and distribution hub for Hollund, the company is poised to benefit from a considerable portion of its operations virtually being indirectly managed by North Cal executives. This could possibly lead to further corporate integrations down the road should this initial relationship prove productive.

http://www.hollundindustrial.com/recent_news.html














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