Right now, there is essentially no competition
Post# of 17862
Right now, there is essentially no competition in the underwater logging arena. While many companies operate in this industry, they are primarily small time operations run by one or a few individuals, and the work is primarily performed by divers. Companies harvesting underwater timber are operating on their own, and with little regard for what is happening around them. These companies compete with no one.
For this reason, Hollund's appearance on Lake Bayano is of little consequence or importance to the established companies in Panama or elsewhere in the world. However, once the first TigerLynk is deployed and in operation, all will change.
The TigerLynk is a unique technology, and unlike anything used before it. The basic design has been proven under the most demanding of conditions (in outer space), and has proven to be reliable. A prototype about half the size of the TigerLynk was tested on a commercial scale in Brazil, and worked fantastic harvesting around one million board feet of lumber. This lumber was used to build the famed Atlantic City Board Walk in New Jersey.
So, while we all would like news and revenues tomorrow (or yesterday if you have been waiting a while), the real news will be forward looking at this point. Sure, Hollund can and will harvest timber using divers. But the use of divers will not differentiate Hollund from any other company. However, Hollund can begin to generate revenue using divers, and a month or two of steady revenue will allow Hollund to negotiate much better financial deals to fund its future growth.
Calling for patience is passé. This is the same mantra sung by all in this space. But Hollund's technology is truly revolutionary. And, this is the ball one must keep their eye on.
I can't tell you whether Hollund will or will not make it in this business. However, I can tell you that they have the potential to dominate this industry like no other if they carry through with their plan. Patience; a simple word much easier to pronounce than it is to practice.
(0)
(0)