We are dealing with a debt of $27,400 that Holl

We are dealing with a debt of $27,400 that Hollund must repay in December due to legal obligation. Thus, the share selling now. Hollund has no choice but to sell shares because they currently have no revenue and the benefactor Hollund hoped would step in to help has not done so.

We will get through this folks, in my opinion. Hollund claims to have a plan to restructure and claims this is a high priority for them once immediate issues are addressed.

I am still hopeful for Hollund's future, and if all goes well for another stock I own, I will be buying more before year end.

During August 2012, the Company entered into a $50,000 Line of Credit Agreement with Ajene Watson, LLC, a New York limited liability company. The line of credit agreement bears interest at 10 percent and has a December 31, 2013 maturity date. Accrued interest is payable on a quarterly basis no later than the 5th business day following the end of such quarter. Any overdue principal or interest shall bear interest at 15 percent until paid in full.

a. The agreement was entered into pursuant to Section 4(2) of the Securities Act of 1933, as

amended, and Rule 506 promulgated there under;

b. The transaction was unregistered;

c. The transaction was executed via a private agreement and not a public offering;

d. The agreement called for conversion into common shares on any outstanding balance

after one year;

e. As of June 30, 2013, advances under the line of credit and accrued interest were

approximately $25,700 and $1,700, respectively;

f. The Line of Credit Agreement is not publicly traded however, can convert into common

shares after one year;

g. The Line of Credit Agreement and any shares issued under this agreement contain the

appropriate restrictive legend.

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