Where is Hollund likely to get its first and se

Where is Hollund likely to get its first and second logging concessions?

June 19, 2012

The primary area targeted, the Tucurui Dam , is precisely where members of Hollund's South American Development Team initially developed and proved the process of unmanned underwater forest mining. This was a pivotal moment for an entire industry. Once relying heavily on the dangerous labor of underwater divers, members of this team demonstrated that underwater logging was achievable without the risk of human lives. They also showed that this type of logging could be achieved much faster and with greater profitability. Using a prototype of the patented technology Hollund plans to offer through an exclusive license agreement the company is currently pursuing, members of this team successfully harvested timber submerged as deep as 60 feet in the Tucurui Dam reservoirs.

The Balbina Dam , covering over 920 square miles of inundated rainforest, has also been targeted by the South American Development Team. Securing this concession, along with Tucurui, would solidify Hollund's presence in Brazil.

Part of Hollund's pursuit of the TigerLynk license was to enhance the potential of acquiring logging concessions Hollund's South American Project Development Team cited as a $2 Billion Dollar opportunity in Brazil. Hollund, having now secured the technology, is well positioned to benefit from planed future developments targeted at the Tucurui and Balbina dam reservoirs.

People close to the company suggest the real excitement resides in 'what's next' for Hollund as a result of the exclusivity. That 'next' is the potential relationship expected to now be furthered with North Cal (premier reclaimed woods company) based on this license. Securing the TigerLynk license was a prerequisite for North Cal to continue forward with Hollund in a strategic partnership.

A strategic arrangement with North Cal at this juncture will accelerate Hollund's growth and substantially evolve Hollund's business model.