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  4. Hollund Industrial Marine Inc. (HIMR) Message Board

Dano, what a difference when I sleep! I reread the

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Post# of 17862
Posted On: 03/23/2014 11:55:07 PM
Posted By: TexasRambler
Re: dano9008 #12961

Dano, what a difference when I sleep! I reread the Hollund PR about the share buyback and now I read it the same as you. Max 15% buyback. And you are correct, it leaves lots of questions. !5% of what O/S. If 9 billion, while good, this is less that the 2-5 billion announced earlier. If O/S has soared to 20 Billion (we don't want plutus to read this. lol), well 15% of 20 billion is 3 billion, supporting their original PR.


yes, clarification would be nice. I don't suspect we will get any for now as they hopefully are traveling to panama this week... or maybe the traveled the this weekend. But I am not gonna expect confirmation the are harvesting logs for a couple of weeks yet. Then I expect a slow startup, 1-2 trees/day max for a while they gain experience at this.


But, I think they are moving forward.


tex


PS. wouldn't it be nice for the first pics to not show a big ol' tree sitting on the bank, but show 10-15! To me, it would be worth the wait to give a "profound" video/pics of them starting harvesting to potential shareholders.



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