BLAINE, Wash., March 4, 2015 /PRNewswire/ -- Hollu
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"Now is the time to get excited," stated Peter Meier, President of Hollund. "Our investments and commitments are now truly beginning to pay off and we are pleased to share these moments with all of the shareholders who stuck with us through this journey."
Hollund executives indicated that the first wood sample shipment will be heading out immediately upon completion of shipping logistics. At just over a half-ton, the sample shipment will be comprised of close to 200 individual pieces of Cumaru, Cedro Espino, Tigerwood, Santos Mahogany, Amargo, Macawood and Zapatero, all recovered from the Bayano Reservoir project. This is a rather important step for the Company, as sample shipments are a rather costly endeavor. Therefore, timber samples are generally reserved for well-vetted, proven industry leading buyers, who have a proven aptitude and capacity to make large purchases and sales.
"For a developing Company, shipping almost 400 board feet of samples is a serious undertaking that demonstrates just how far we've come," continued Meier. "This shipment is a clear indication that we not only have interested buyers, but more important, Hollund has well-heeled, well-positioned timber distributors anxious to market and sell our wood products."
"Our contacts are enthusiastically standing by to receive the shipment, especially as there is a keen interest and a proven demand for unique and environmentally friendly products such as underwater wood," concluded Meier.
The shipment is expected to position Hollund for solid revenue projections for the second fiscal quarter.
About Hollund Industrial Marine, Inc.
Headquartered in Blaine, WA, Hollund Industrial Marine Inc. (OTC PINK: HIMR) seeks to align the interests of businesses, communities, utilities and governments by offering an integrated business model for underwater forest management. Hollund's model - including resource and needs assessment, permitting, environmental and project planning, logging, milling, product branding and sales adds value for our shareholders.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT" . In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks.
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