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

I had a couple of questions on the income side aft

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Post# of 17862
Posted On: 04/16/2014 9:00:04 AM
Posted By: breezy
I had a couple of questions on the income side after reading the report, if anyone has thoughts on how to interpret please share....THX!!

1. (.16 or .10 bdf) + 17% on a $1500 tree would be:
(ave .13) $325 + (.17) $255 = $580

That seemed pretty straight forward....But then the 25% ownership in
Bayano would be (very) roughly 25% of the company (Bayano Lake)
profit in addition? Sound right?

2. From reading this, it seems HIMR would be responsible for the buildout
of any ARs for underwater timber harvesting, and then would either sell
or lease to the consession for additional income...Anyone know if HIMR
has ever discussed their intended business model pertaining to how
they intend to approach this?


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