We have not heard what or how Hollund intends t

We have not heard what or how Hollund intends to deal with their short list (below), but I will provide one scenario. Keep in mind, this is pure speculation at this point.

The short (important) list:

• Preferred C share restructuring (retirement)
• Offer: Alternative to Reverse (greater upside appreciation)
• Audit & Up-listing
• Revenues
• Advanced Purchase Orders
• New Investment Opportunity
• TigerLynk Build-Out

The preferred Class C share restructuring (retirement) could be handled by offering Mr. Hayward a percentage of future revenue, and perhaps a position at Hollund. I suspect offering a position in Hollund management would be a good idea, because Lonnie Hayward owns the TigerLynk technology, and this is the core technology of the company.

The Offer: Alternative to Reverse Split. I suggest one way Hollund could handle the share structure issue, and provide an offer is the following. Underwater logging is the first market Hollund is pursuing. So why not spin this division off and give shares as a dividend to HIMR shareholders? This approach offers greater upside appreciation, and removes a major chunk of shares from HIMR's share structure.

Audit & Up-listing. No explanation necessary.

Revenues. Utilizing divers, Hollund could produce revenue on a daily basis starting sometime near the end of September. To estimate just how much revenue, I suggest using the $1,500 to $3,000 stated in previous news releases (very conservative), and not the $500 per tree estimate Hollund used in the last PR. However, all one really need do is compare what Coast EcoTimber is getting per tree, and that is a good deal higher than what Hollund estimates. I also suggest using a harvest rate of at least two trees per day, and five trees per day is very possible.

New Investment Opportunity. I suggest this mean another concession, and much larger than the first.

TigerLynk build-out. An actual time-table with realistic delivery date.