HIMR intended to have their financials audited 

HIMR intended to have their financials audited by February, which means they likely started the audit process the beginning of January or sooner.  However, they found the process to be an "eye opener" which tells me they found it to be more than they expected.  Perhaps more in the way of cost, information and documentation required, as well as time.  This is why they now state that 3rd Quarter is their target.

So if one assumes the process has started, and given the three to nine month typical registration time, that means September or earlier for uplisting and audited financials.  Keep in mind that it could only take three months, and one should also keep in mind that NorthCal might be helping them with this audit and uplisting.  NorthCal likely already has the CPA's and attorney's required for this process, and certainly would employee them if it meant faster supply of the woods they hope to obtain from Hollund.