HIMR News Hollund Industrial Marine Schedules F
Post# of 144482
HIMR News
Hollund Industrial Marine Schedules First Shareholder Conference Call Of 2012
2012-08-16 08:47 ET - News Release
BLAINE, Wash. , Aug. 16, 2012 /PRNewswire/ -- Hollund Industrial Marine, Inc. (PINKSHEETS: HIMR) ("Hollund" or the "Company") announced today that the Company is preparing to host its first shareholder conference call; targeting Friday, September 28 th , 2012 as the scheduled date for management to communicate directly with its international shareholder base.
"We cannot envision any better way to complete Q3 and begin what should prove to be an explosive Q4, than with a conference call meant to give shareholders greater insight into our decisions, growing operations and pending opportunities," stated Peter Meier , President of Hollund.
Over the past nine months, Hollund has made several adjustments to its executive management and business model that seem to have been very favorable thus far. Such corporate modifications have allowed Hollund to eliminate substantial debt, launch U.S and South American development teams and enact a share reduction program. Hollund has also been able to secure an exclusive technology license, regain favor with a notable wood distributor, begin courtships with C level executives, and gain significant investment interest for project financing.
Management indicates there are opportunities pending that are still expected to take form within this month. By the end of Q3 ( September 30 th ), people close to the company suggest that Hollund could possibly begin shaping up to resemble an international purveyor of various types of underwater concessions as well as a one-stop shop for underwater tree harvesting, timber distribution and wood resale. There is also the consideration of "up-listing" as some prospective situations may require this effort to begin prior to year end.