On 5/16/2013 Hollund Industrial Marine announced it is expected the current MOU between HIMR and North Cal will soon evolve as executives at both firms now have a much better handle on future expectations, given recent positive developments at both outfits.
The above statement is indeed interesting because it suggests much more is happening behind the scenes than we are currently aware of.
What is meant by "recent positive developments at both outfits?"
We can only guess or speculate what is meant, but based on recent press releases we can suggest a few ideas.
Hollund most likely has at least one logging concession right now. I say this, even though it has not been made public, because how else could Hollund pay for a lease at North Cal --- even if the lease states payment is not due until some future time? Furthermore, North Cal most likely determined the type of trees available for logging in this reservoir and has determined they have a market for them. This speculation also makes sense because knowing what kind of wood is available, and then developing a market for that wood, is the only way North Cal can benefit from a logging concession procured by Hollund. Think about this for a moment.
Now, if the above is true, that means Hollund has access to a line of credit and the required financing for building the TigerLynk. Remember the scoreboard stickied above this board? I suggest that most of the required steps on this list can be labeled DONE very soon.
We don't know if a TigerLynk build has been started, but we do know a manufacturer was contacted and selected, and we also know the manufacturer has the capability to handle maintenance and warranty needs worldwide, because we were told so not that long ago. So I suggest Hollund might be able to complete the build and deploy its first enhanced version of the TigerLynk by sometime in July should all their ducks fall in line. How will this MOU between North Cal and Hollund "EVOLVE?" That, my friends, is still unknown. But it sure does sound exciting.
