Hollund Industrial Marine secures upwards of on
Post# of 17862
Hollund Industrial Marine secures upwards of one million dollars in purchase orders for tropical hardwoods. These orders are in addition to those being secured or procured by our senior partner at Lake Bayano, with more interest to follow.
I wonder what the senior partner has for purchase orders, and what the ratio is between these two companies. I also wonder what type of wood is being harvested, and for what value? Will Hollund be selling raw timber, or cut lumber? Obviously raw timber sells for much less than cut lumber, and reduces Hollund's potential profit margins dramatically. Where is North Cal in all this? Does Hollund's relationship with North Cal have any discernable value or benefit? Is North Cal more an obstacle at this time? When details of these purchase orders are finally revealed, will North Cal have the largest order? Or, will some other company (at present unknown) prove the stronger support company?
All in all, the news is very positive. But one must wonder why the slow dribble of news, and why North Cal is no longer mentioned in Hollund's press releases. Why no mention of orders on North Cal's website or Facebook page? The details of who placed advance orders, and in what quantities might be telling. Pictures would also be helpful. And, when will we hear of Lonnie Hayward's Class C share restructuring?
In my opinion, solid orders for specific woods with firm valuations and pictures proving logging is in progress will benefit shareholders tremendously. However, without share restructuring and a firm declaration of where the A/S O/S is at present, combined with a statement of where it will be going forward, shareholders and potential shareholders will remain skeptical. Perhaps a filing or two is in order? Just a thought.
In my opinion, of course.