I would start dd from sept. 2011 report to now. Previous
I would start dd from sept. 2011 report to now. Previous management started something they couldn't commit to and new management since march 2012 has started to rebuild by reducing shares from 8.9 billion down to 4.6 billion with an expected reduction down to roughly 2.6 billion neighborhood.
Previous management tried to establish a relationship with North Cal woods company and didn't follow through.
New management was asked by North Cal to restructure in order to show they are serious. Since then restructure has been in place and we are now back in the good graces of North Cal to partner on a a 2 billion dollar joint venture to recover underwater trees in brazil along with other countries as well.
North Cal has agreed to bring himr office to there property to sure there partnership up which seems to already have happened but hasn't been announced but there prefix on phone number has changed to North Cal's so it's possible we are just waiting for all the updates on the progress of these fore mentioned events to be announced.
We also are in the process of working with the previous and current owner of the ar-120 machine that will revolutionize the underwater industry globally. YouTube has some videos of previous prototype tested in the tucurui reservoir in brazil.
They are now trying to build a model that will reach up to 200 feet deep.
This info can be found in the filings and videos about machine can be found on YouTube and tiger link website.
It's all starting to come together with management stating no r/ s and dilution is not an option they choose to do due to North Cal's request and the path old management had taken was unfavorable for shareholders including themselves since they own shares also.
Just a start, I'll let you verify dd and make your decision on your own but IMO I believe big thing to be announced soon.
Hope this helps
I can fill in any questions you may have about anything else
Himr
Hollund Industrial Marine Inc. (HIMR) Stock Research Links
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