ShareHolders Of Hollund
We issued 630,000 Preferred B shares to Lonnie Hayward, 7120-205th Street, Langley, British Columbia
V2Y 1T1, as part of a 144 restricted debt settlement pursuant to a November 9, 2009 Debt Payment
Agreement in which Mr. Hayward agreed to accept the shares in payment of $900,000 of debt and accrued
interest on the sale of his share interest in HIRS. The offering was not registered or qualified and the
Preferred B shares are restricted securities and have no legend.
We issued 70,000 Preferred B shares to Troy Micielli, 4379 Gordon Drive, Kelowna, B.C., Canada, V1W
1S7, as part of a 144 restricted debt settlement pursuant to a November 9, 2009 Debt Payment Agreement
in which Mr. Hayward agreed to accept the shares in payment of $100,000 of debt and accrued interest on
the sale of his share interest in HIRS to the Company. The offering was not registered or qualified and the
shares are restricted securities and have no legend.
Securities Issued for Services in the past two years:
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We issued 2,500 Preferred B shares to Dave Perry, 384 Hillcrest Ave, Ukiah, CA 95482, in payment for
compensation owed for consulting services per agreement dated October 28, 2010. The offering was not
registered or qualified, was made pursuant to exemption from registration, and the shares are restricted
securities and have no legend.
We issued 2,500 Preferred B shares to Doug Ware, 384 Hillcrest Ave, Ukiah, CA 95482, in payment for
compensation owed for consulting services per agreement dated October 28, 2010. The offering was not
registered or qualified, was made pursuant to exemption from registration, and the shares are restricted
securities and have no legend.
We issued 1 Preferred A share to Michael S Lacy, 1607 Miller Dr, Branson, MO 65616, in payment for
$92,700 in compensation owed under an employment contract per agreement dated November 1, 2009.
The offering was not registered or qualified, was made pursuant to exemption from registration, and the
shares are restricted securities and have no legend.
We issued 1 Preferred A share to Claus Wagner-Bartak, 2508 NW 6 Court, Boynton Beach, FL 33426, in
payment for $92,700 in compensation owed under an employment contract per agreement dated April 12,
2010. The offering was not registered or qualified, was made pursuant to exemption from registration, and
the shares are restricted securities and have no legend.
We issued 40,000 common shares to Neal Ewers, 903-4118 Dawson St., Burnaby, BC V5C 0A3, in
payment for compensation for consulting services owed under a consulting contract per agreement dated
October 27, 2009. The offering was not registered or qualified, was made pursuant to exemption from
registration, and the shares are restricted securities and have no legend.
We issued 50,000 common shares to Dan Roberts, 1575 Taylor Way, West Vancouver, BC V7S 1N5, in
payment for compensation for consulting services owed under a consulting contract per agreement dated
November 20, 2009. The offering was not registered or qualified, was made pursuant to exemption from
registration, and the shares are restricted securities and have no legend.
We issued 40,000 common shares to Qualstar Capital Corp., Attn: Peter Lindhout, 901-2055 Yukon Street,
Vancouver, BC V5Y 4B7, in payment for compensation for consulting services owed under a consulting
contract per agreement dated November 25, 2009. The offering was not registered or qualified, was made
pursuant to exemption from registration, and the shares are restricted securities and have no legend.
We issued 40,000 common shares to Artfield Investments RD, Inc., Attn: Stan Medley, 4001 Kennett Pike
#134, Wilmington, DE 19807, in payment for $80,000 compensation for consulting services owed under a
consulting contract per agreement dated November 10, 2009. The offering was not registered or qualified,
was made pursuant to exemption from registration, and the shares are restricted securities and have no
legend.
We issued 40,000 common shares to Javan King, Suite 901, 2055 Yukon Street, Vancouver, BC V5Y 4B7,
in payment for compensation for consulting services owed under a consulting contract per agreement dated
November 10, 2009. The offering was not registered or qualified, was made pursuant to exemption from
registration, and the shares are restricted securities and have no legend.
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We issued 5,000 common shares to Frank Van Vranken, PO Box 1534, Ukiah, CA 95482-1534, in
payment for compensation for consulting services owed under a consulting contract per agreement dated
July 2, 2010. The offering was not registered or qualified, was made pursuant to exemption from
registration, and the shares are restricted securities and have no legend.
We issued 700,000,000 common shares to Quattro Capital Corp, Attn: Jefferson F Mesidor,244 5th Ave,
Suite 1485, New York, NY 10001, in payment for compensation for consulting services owed under a
consulting contract per agreement dated November 25, 2009. The offering was not registered or qualified,
was made pursuant to exemption from registration, and the shares are restricted securities and have no
legend.
We issued 700,000,000 common shares to Quasar Capital Corp, Attn: Robert Johnson, 244 5th Ave Suite
278, New York, NY 10001, in payment for compensation for consulting services owed under a consulting
contract per agreement dated November 25, 2009. The offering was not registered or qualified, was made
pursuant to exemption from registration, and the shares are restricted securities and have no legend.
We issued 700,000,000 common shares to Qualstar Capital Corp., Attn: Peter Lindhout, 1865 H Street
#385, Blaine , WA 98230, in payment for compensation for consulting services owed under a consulting
contract per agreement dated November 25, 2009. The offering was not registered or qualified, was made
pursuant to exemption from registration, and the shares are restricted securities and have no legend.
We issued 5,300,000,000 common shares to United Business Associates Ltd, Attn: Peter Meier, 206-
22222-119 Ave, Maple Ridge, BC V2Y 2Y9, in payment for compensation for consulting services owed
under a consulting contract per agreement dated June 28, 2010. The offering was not registered or
qualified, was made pursuant to exemption from registration, and the shares are restricted securities and
have no legend.
PART F
Item 18
EXHIBITS
Material Contracts .
We are a party to the following material contracts:
W /Lonnie Hayward
Date Signed: Nov 9, 2009
Amount paid : 700,000 Preferred B shares. Restricted
Terms of contract : Mr. Hayward sold all of his shares in Hollund Industrial Robotic Systems Inc., owner
of the technology of the Tiger-Lynk robotic ar, to us in an agreement signed in November 2007. As partial
payment, Mr. Hayward agreed to accept 630,000 Preferred B shares in lieu of $900,000 plus accrued
interest owing to him for the purchase of his share interest in HIRS.
W/Michael S Lacy
Date Signed: November 1, 2009
Amount paid: 1 Preferred A Share. Restricted
Terms of Contract: Mr. Lacy agreed to retire an outstanding debt owing to him by the Company for past
wages. The amount retired was in the amount of $92,700. In return Mr. Lacy received 1 Preferred A share.
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W/ Neal Ewers
Date Signed: October 27, 2009
Amount paid : 40,000 Preferred B Shares
Terms of the Contract: We was in need of finances and hired Mr. Ewers to seek funding for the
Company. Mr. Ewers did arrange some financing for us.
W/ Dan Roberts
Date Signed: November 20, 2009
Amount Paid: 50,000 Preferred B Shares
Terms of the contract: Mr. Roberts worked as an independent consultant to us for the period of one year
from the date signed. He provided contacts to various groups who independently financed companies.
W/ Qualstar Capital Corp. – Peter Lindhout
Date Signed: November 25, 2009
Amount Paid : 40,000
Terms of the Contract: The principals of Qualstar were to be employed by us for the term of six months.
Qualstar was to provide the following:
-Identify and pursue prospective merger and acquisition targets
-advise on business strategy and compensation polices
-assist in corporate filing and compliance
-assist in application for a senior exchange listing
w/ Artfield Investments RD, Inc. – Stan Medley
Date Signed: November 10, 2009
Amount Paid: $80,000 or 40,000 Preferred B shares at a price of $2.00 per share
Terms of the Contract: The principals of Artfield were to provide the following services to us:
-General Accounting assistance
- Business plan
w/ Javan King
Date Signed: November 10, 2009
Amount Paid: 40,000 Preferred B shares
Terms of Contract: Public Relations services, introductions to Asian and European Markets
W/ Claus Wagner-Bartak
Date Signed: April 12, 2010
Amount Paid: 1 Preferred A share
Terms of Contract: Mr. Bartak agreed to retire an outstanding debt owing to him by the company for past
wages. The amount retired was in the amount of $92,700. In return Mr. Bartak would receive 1 Preferred A
share.
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w/ Frank Van Vranken
Date Signed: July 2, 2010
Amount Paid: 5,000 Preferred B shares
Terms of Contract: Mr. Van Vranken was hired as a consultant because of his experience and contacts in
the underwater wood industry. He put the company in contact with various government and commercial
contacts in the State of California. The terms of the contract was one year from signing.
w/ Quattro Capital Corp – Jefferson Messidor
Date Signed: November 25, 2009
Amount Paid: 700,000,000 Common shares
Terms of Contract: Quattro acquired for value the outstanding partial principal balance of $10,000 plus
accrued interest of the “Convertible Promissory Note” between Hollund Industrial Marine, Inc., and
Lonnie Hayward. Upon acquiring this partial interest in the note, Quattro approached Hollund and came to
terms on settlement. We paid the shares in settlement of the principal and accrued interest represented by
the partial note assignment.
w/ Quasar Capital Corp - Robert Johnson
Date Signed: November 25, 2009
Amount Paid: 700,000,000
Terms of Contract: Quasar acquired for value the outstanding partial principal balance of $10,000 plus
accrued interest of the “Convertible Promissory Note” between Hollund Industrial Marine, Inc., and
Lonnie Hayward. Upon acquiring this partial interest in the note, Quattro approached Hollund and came to
terms on settlement. We paid the shares in settlement of the principal and accrued interest represented by
the partial note assignment.
w/ Qualstar Capital Corp – Peter Lindhout
Date Signed: November 25, 2009
Amount Paid: 700,000,000
Terms of Contract: Qualstar acquired for value the outstanding partial principal balance of $10,000 plus
accrued interest of the “Convertible Promissory Note” between Hollund Industrial Marine, Inc., and
Lonnie Hayward. Upon acquiring this partial interest in the note, Quattro approached Hollund and came to
terms on settlement. We paid the shares in settlement of the principal and accrued interest represented by
the partial note assignment.
w/ United Business Associates Ltd – Peter Meier
Date Signed: June 28, 2010
Amount Paid: 5,300,000,000 common shares
Terms of Contract: United Business Associates was employed as a consultant to market and introduce us
to manufacturing facilities internationally who would fast track the company’s manufacturing capability.
We hoped that United would significantly enhance our ability to manufacture the Tiger-Lynk technology.
