Cinder Man, Hollund could also build and sell Tige
Post# of 17862
April 2, 2009
Hollund Industrial Marine, Inc. Announces Corporate Update to Shareholders
BRANSON, Mo., April 2, 2009 (GLOBE NEWSWIRE) -- Hollund Industrial Marine, Inc. (Other OTC:HIMR.PK - News), today announced the following corporate review.
To date, the Company has announced a total of $19.2 million in future sales of fourteen (14) TigerLynk Machines, backed by letters of intent from potential customers in underwater forest and other marine industries. Currently Hollund is in talks with one of its potential customers on a definitive agreement. If consummated, the agreement is expected to result in the Company receiving a purchase order for TigerLynk equipment. In addition, both parties are also discussing a potential technology licensing agreement for TigerLynk in certain commercial applications and geographic territories.