Peter Meier, President of Hollund Industrial Ma

Peter Meier , President of Hollund Industrial Marine stated that in the past 4 months we have made great strides in our pursuit of underwater tree harvesting concessions throughout Latin America.  Our political and business networks throughout the region are beginning to flourish.  Avenues for good, responsible financing vehicles have also revealed themselves both in North America and abroad.  We are quite confident that HIMR will have a number of considerable successes this year that we believe will be both apparent and tangible to the marketplace ."

"However let me be clear, success and excellence do not come without its challenges and sacrifices.   Concessions have a cost to secure.  With each concession a new TigerLynk must be manufactured.  Money will have to be raised and possible new partners taken on.   Still, just as we attempted to protect the interest of shareholders with our stock reduction program, we will look to institute even loftier strategies to build greater shareholder value as operations fully take form.  These strategies, along with real revenue opportunities and probable up-listing, may not only evade unwanted restructuring, but quite possibly increase shareholder's upside potential considerably."

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In my opinion, the last paragraph seems the more important.  This paragraph talks about challenges and sacrifices, it makes it clear that concessions will have costs to secure, and states that with each concession a new TigerLynk system will need to be manufactured. All good and reasonable.

But then it states that in an attempt to protect the interests of shareholders Hollund will look to institute even loftier strategies to build greater shareholder value as operations fully take form. This sentence is rather ambiguous.

Then it states: "These strategies, along with real revenue opportunities and probable up-listing, may not only evade unwanted restructuring, but quite possibly increase shareholder's upside potential considerably."

The last part of this sentence is the only thing that gives me pause. What unwanted restructuring? What has been discussed and with whom?

All in all, this is a good press release that clearly states Hollund is on course with its business plan. IMO