Kgem, I enjoyed reading your post and agree with y

Kgem, I enjoyed reading your post and agree with you that Hollund has great potential. I believe I even stated that in my first post, but everyone is wondering why the PPS is not moving with this huge announcement and I thought I would give everyone the viewpoint from my perspective. I didn’t mean to step on anyone’s toes, or put anyone on the defensive. Again, let me reiterate, I believe in Hollund, the vision, and that someday they will be the leader in this industry. So let me address some of the things you believe I don’t understand. First, business is business. It doesn’t matter whether you’re in the tech sector, the pharmaceutical sector, or the natural resources sector, the theory of operating a business is the exact same across the board……….to make money. Granted, business plans and models change from company to company just like some underwater logging companies utilize divers and some will eventually use Tiger-Lynk, but the bottom line goal is the same, MAKE MONEY!!! In the unilateral theory of business, when a company does make, or lose money, the owners of that company share in those profits or losses at a rate equal to their percentage of ownership in the company. With that said, if there are 750 Billion shares available to trade on the open market, regardless of whether the Class C shareholders convert or not, that equates to ownership in the company. Whether or not you have a Class C shareholders word that they will not convert their shares does not forego the fact they still possess ownership in the company and are entitled to their fair share of profits and/or losses. Since we are talking about a Class C shareholder I would say their ownership is quite substantial, and therefore they will probably receive the lion’s share of any profits when those profits come to fruition. This leads to the topic of share structure where quantity is our worst enemy. One thing that makes something valuable is its uniqueness and the ability one has to attain its possession. Whether that ability is hindered by supply, a lack of shares available for purchase, or socio-economic status, the non-ability of one to afford the shares, HIMR stock currently possesses neither of these characteristics. There are ample shares available for purchase at the lowest going rate of one-hundredth of a penny. Until one or both of those issues are addressed I believe the PPS will remain in the .0001 to .0002 trading trough.

I used the $40 million dollar concession value because that is what was reported by HIMR. To assume anything other than that figure would be wishful thinking at this point. Not to say your point is incorrect, as I believe the concession will top out way above the $40 million dollar mark, but this is the only concrete figure we have to go on since it was the one given by the company.

With respect to my revenue and expense estimates I don’t think you are taking into consideration several things that will have to be paid for to bring this lumber to market. Things such as milling expenses, or do you think the mill workers and operators are going to work for free? Transportation of the finished product to the marketplace, or do you think they will just push the lumber down the river and it will end up on the shelf in some store? Administrative costs for the day to day operations of the company, or is HIMR management working for nothing? Infrastructure improvements such as two Tiger-Lynk builds which is going to cost somewhere in the neighborhood of $500,000. What about taxes, approximately 40% of an American company’s profits are taxes at nearly the 40% level. What about advertisement, or will be only be a “word of mouth” company? What about paying back the $350K by next year? What about the expenses associated with procuring other concessions, or are you thinking Hollund will just have contracts fall in their lap? You say, “all milling, transport, and distribution costs are covered (as far as we know) in the various partnership agreements”, but all that really means is all of these other people are entitled to part of the $40 million. I mean, come on, at face value do you think Hollund is going to walk away from this concession with $39 million? I think I make my point that there will be MANY expenses required if Hollund is going to be successful. Lucky for us, it appears as though they will have the money to pay for those expenses without taking on additional debt. Like my father used to say, “Sometimes you have to spend money to make money.” Oh, and when I say expenses I’m not talking about the expenses on a bid sheet which competitors would be able to analyze and undermine HIMR, I’m talking about the expenses you would find on the company’s balance sheet.

You mention Coast EcoTimber and they operate at a “comfortable profit”, but who is being comforted by this profit? I surely don’t believe there are 650 shareholders in Coast EcoTimber that can say their lives are being financially strengthened by that “comfortable profit”. There are probably a handful of people, or owners, that are lucky enough to experience what that comfortableness feels like. So, I would agree with you that Coast EcoTimber is a “comparison company” to Hollund only on the grounds that they are now operating on the same lake. Everything else, be it share structure, harvesting methods, or company vision is dramatically different in my opinion. It all goes back to ownership, and all of these LOI’s and MOU’s are just another term for part owner. Presently, I believe the picture is very gloomy for us common shareholders, as we represent less than 10% of the company by my calculations. That in no way means I think Hollund won’t take care of us because I think eventually, key word, they will. Everyone is just so surprised at where the PPS is, and I think a dose of reality will do us all some good. It’s not going to happen overnight. It’s going to take time. I don’t think anyone should give up on this company, but I do believe we need to understand our present position. We are the saplings standing among the Sequoias, gleaning any amount of sunlight that just so happens to make it past our big brothers’ branches. I will take some time, but eventually we’ll be there, sharing the view with them. I just think it’s a bit premature to believe we are entitled to that right just now. If, for one minute, I didn’t believe Hollund would make room for us at the top I wouldn’t have taken the time to write this, or my previous post, nor would I have so much as one share of HIMR stock in my portfolio. There is much to be said about experiencing the journey. As heart-wrenching as it is I’m in this for the long haul, and will continue being realistic with my expectations.