Good morning HIMR board. All good posts last ni

Good morning HIMR board. All good posts last night and today. These posts indicate an intelligent appraisal of the company and of what they may be doing. As for Hollund doing something illegal by allowing Hayward to convert shares as part of the deal to eliminate his Class C shares. Investors should keep in mind that Hayward has a legal right to convert his shares, and Hayward does not work for Hollund, nor is he a current manager at Hollund. This may change, and I suggest it likely will, but right now Hayward is separate from the company.

It would not surprise me at all if Hollund maxed out the A/S at twenty billion shares as part of the Class C deal. I say this because the share buy-back was announced almost simultaneously. That said, the stock can still run with twenty billion shares. I have personally seen stocks with this type of share structure run 800% - 1000% - 1400% - and even 2000% or more. The argument that this type of share structure means a reverse split would make sense if Hollund had not posted a share buy-back, but they did. So in my opinion, a reverse is just not likely. Also, Hollund management has stated repeatedly that they do not wish to do a reverse.

Some will always say that companies lie all the time, and this is true. However, when you look at the history of this current management, they have done all they could to reduce shares and increase shareholder value (the Class C deal excluded).

What we must keep in mind is that the Class C issue HAD to be resolved. The enormous overhang of shares that could be converted hung like a weight over every investment decision --- not just ours, but for the company as well.

I suspect pictures will be released next week, and maybe even a video. In my opinion, only a video will capture the true magnitude of what Hollund is doing. It would then be a good idea for Hollund to share details of the orders --- who placed them, who gets the wood, and what might the lumber be used for. If one studies the work done by AQCI, you will see that the Ipe wood recovered from the Brazilian reservoir was not cured --- that wood did not need to be. Instead, Ipe was cut immediately and shipped as each container was filled. According to company records and the records of the receiving company (Timber Holdings Limited). The wood showed no dimensional shrinkage in length, and only a slight decrease in width. So if Ipe is a fairly large portion of the timber recovered, revenue might begin almost immediately.

I hope this puts some minds at ease. While there is much we do not know, the gaps can be filled in with past history.