People, the wood displayed in the photographs on Lonnie's Facebook page appears to be the real deal. The logs have the appearance of recovered submerged timber which can be determined by the coloration. The warehouse photo depicts rough cut lumber --- this means some milling has been done. I can't see the grain structure even when I enlarge the photo, and so I cannot determine what wood species has been milled.
Questions:
Why did Lonnie have to go to Panama and photograph the wood himself before we could see pictures? Why only display pictures on Lonnie's personal Facebook page?
Perhaps most important; is this wood and logs recovered from Lake Bayano by BLWP? No one from Hollund was photographed with the logs or the wood (please excuse me for being critical, but this would indicate the wood and logs were indeed ours).
Why no official PR? Is our CEO incapable of taking pictures and writing a PR? Is Hollund still precluded from publicly displaying pictures and writing PRs? If so, when will this end?
Has any wood been shipped? Is there any revenue?
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The pictures give investors hope that Hollund is a real company. However, many questions remain.
I am only speculating here. However, the reason for the drastic reverse split could be to raise money for another concession since the share structure is/was completely maxed out. A new and even larger concession without all the restraints imposed on the Bayano concession would be a new beginning, and perhaps a very good thing. I can think of one concession that would not only be much larger, but would also attract big money and partners. This new concession, if it turns out to be (I am only speculating) would be tied to the Panama Canal expansion now underway in Panama. The expansion is worth billions of dollars and must be completed on a very tight time schedule.
The Lake Bayano concession would still be there, and could be completed whenever the restrictions are finally removed (if any are still in place). Just some food for thought.
I still believe Hollund will have a name change and will become a Panamanian company especially if a new concession is in the works. Lots of "ifs" here folks, but very few answers. I suggest we will not have those answers until the twenty day waiting period expires and the "D" is removed from HIMRD.
Questions:
Why did Lonnie have to go to Panama and photograph the wood himself before we could see pictures? Why only display pictures on Lonnie's personal Facebook page?
Perhaps most important; is this wood and logs recovered from Lake Bayano by BLWP? No one from Hollund was photographed with the logs or the wood (please excuse me for being critical, but this would indicate the wood and logs were indeed ours).
Why no official PR? Is our CEO incapable of taking pictures and writing a PR? Is Hollund still precluded from publicly displaying pictures and writing PRs? If so, when will this end?
Has any wood been shipped? Is there any revenue?
____________________________________________________
The pictures give investors hope that Hollund is a real company. However, many questions remain.
I am only speculating here. However, the reason for the drastic reverse split could be to raise money for another concession since the share structure is/was completely maxed out. A new and even larger concession without all the restraints imposed on the Bayano concession would be a new beginning, and perhaps a very good thing. I can think of one concession that would not only be much larger, but would also attract big money and partners. This new concession, if it turns out to be (I am only speculating) would be tied to the Panama Canal expansion now underway in Panama. The expansion is worth billions of dollars and must be completed on a very tight time schedule.
The Lake Bayano concession would still be there, and could be completed whenever the restrictions are finally removed (if any are still in place). Just some food for thought.
I still believe Hollund will have a name change and will become a Panamanian company especially if a new concession is in the works. Lots of "ifs" here folks, but very few answers. I suggest we will not have those answers until the twenty day waiting period expires and the "D" is removed from HIMRD.
