New Investors TigerLynk is a large submersible h

New Investors

TigerLynk is a large submersible hydraulic machine, essentially a large articulated arm that is remotely controlled by an operator which can be used in a wide variety of underwater operations including mining, salvage, ocean clean up, infrastructure repair and environmental remediation. The machine is capable of harvesting at least one tree submersed underwater in approximately 5 minutes.   This would equate to roughly 100 trees over an eight-hour shift. "As a project managing company overseeing concessions, we'd expect to realize between $1,500 and $3,000 per log," continued Romain. "If at an average of $2,000 per log when we're in full operation, using the metrics of an estimated 100 trees per eight-hour shift, we estimate that Hollund could realize as much as $200,000 in revenue in a single eight-hour shift, and that's just using one machine, without a dedicated sales and distribution relationship."

Next, Romain explained how they intend to raise capital, in-line with the company's non-dilutionary business plan. "When it comes to raising money, we are very sensitive to the type of offerings used to raise the funds and the cost of that financing, both on the balance sheet and intrinsically to our shareholders," continued Romain. "We have set out to raise a significant amount of capital, specifically for our project financings, via investment banks and high net worth individuals and other private entities in a non-traditional and more creative funding transaction than usually contemplated by companies of our market position.  In other words, we will not look to sell a bunch of stock to raise millions of dollars in project financing."

The Company has begun to seek capital in the range of $5 million to $8 million. The transaction types envisioned for this capital raise would be along the lines of a traditional bank financing, partnerships or other joint ventures, which would essentially be non-dilutive as, again, the Company does not anticipate selling any major stock positions to raise project capital.