Led by Sheldon Romain, Vice President of Hollund Industrial Marine, approximately 30 minutes of information was provided to those in attendance followed by an informative and thorough Q&A session. "For those shareholders who were unable to attend the event, we wanted to provide an update as to some of the happenings here at Hollund," stated Sheldon Romain. "To start, we more formally introduced our audience to the TigerLynk technology in which we acquired an exclusive license to manage, market and operate."
TigerLynk is a large submersible hydraulic machine, essentially a large articulated arm that is remotely controlled by an operator which can be used in a wide variety of underwater operations including mining, salvage, ocean clean up, infrastructure repair and environmental remediation. The machine is capable of harvesting at least one tree submersed underwater in approximately 5 minutes. This would equate to roughly 100 trees over an eight-hour shift. "As a project managing company overseeing concessions, we'd expect to realize between $1,500 and $3,000 per log," continued Romain. "If at an average of $2,000 per log when we're in full operation, using the metrics of an estimated 100 trees per eight-hour shift, we estimate that Hollund could realize as much as $200,000 in revenue in a single eight-hour shift, and that's just using one machine, without a dedicated sales and distribution relationship."

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