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  4. Hollund Industrial Marine Inc. (HIMR) Message Board

Yes Junebug, I believe that is what he told you. 

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Post# of 17862
Posted On: 04/28/2013 3:45:17 PM
Posted By: Kgem
Re: junebug #2768

Yes Junebug, I believe that is what he told you.  You also said his explanation for the float was complicated, and that got me to thinking.  Now I have not rechecked the annual report, so I am not certain what is stated there regarding the float.  However, we do have at least two entities that are taking a percentage of future revenue rather than immediate repayment of monies due.  I suggest that the shares of these two entities may have been added to the float rather than simply dumping them on the market.  This might be why Jason told you the float number is complicated.  These shares had to be accounted for somewhere, and they may have opted to put them temporarily in the float until the next round of share reductions.






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