It will be interesting to see how this all plays out. I am
It will be interesting to see how this all plays out. I am a very skeptical person by nature and am one who believes in "put up or shut up". With that said, HIMR is was one of those "swing for the fences" or "shoot for the stars" investments for me. Most of my other investments are mid's and large and more on the safe side. Maybe HIMR can be our Apple or Microsoft, odds are against us but without great risk there is no great reward. When I started this "journey" I asked myself 3 things:
1) Is this is real company?
2) Is this company's stock price in the infancy of it's potential?
3) Is this company's product or services marketable?
I was able to answer those questions with a profound YES.
1) FACT - North Cal was down in Panama on the lake with HIMR to survey the concession earlier this year and has mentioned HIMR many times via emails, blog posts and in PR statements. HEMP and Bruce Perlowin's partnership looks good on paper from a PR point of view. Bruce through his "prior activities" knows and can sniff out the seedy, sneaky and slimy. It is my guess that trying to prove HEMP on the world stage in a controversial industry as a legitimate company would not include associations with scams. Bruce has to cross his T's and dot his I's. HEMP has to be squeaky clean and Bruce knows it. Bruce knows exactly what HIMR could bring to the table and it's potential.
2) FACT - .0001 is rock bottom.
3) FACT - Not much competition out there in an industry that does not hurt the environment. HIMR has a minimum 5 year concession on a lake full of exotic wood. Market will buy that wood faster that they can pull it. There are not many businesses out there where you have almost no competition for such a high demand product.
With all that said, I am no dummy and realize this is still a shot in the dark and much can go wrong. I am not a day trader looking for a quick flip. Flippers rarely make any real money. It's all or nothing. Why not walk away with a 100X our initial investments? Heck that's only a penny. Take that back, why not 1000X our initial investment - that's a cool dime. For most of us that's 100K - 1 million. I still feel that's a conservative number if all our ducks fall in a row. A lot has to happen but I am all in. GLTA.
Hollund Industrial Marine Inc. (HIMR) Stock Research Links
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