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As of 8:10 PM 07/31/14 All times are local (Market data is delayed by at least 15 minutes).

hollund industrial marine (HIMR) Snapshot

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01/15/14 - $0.0007
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hollund industrial marine (HIMR) Details

Hollund Industrial Marine, Inc., a development stage company, provides integrated project development services and solutions primarily for the underwater forest management. The company’s integrated project development services comprise resource and needs assessment, permitting, environmental and project planning, logging, milling, product branding, marketing, and sales. It also provides Tiger-Lynk machine system, a robot manipulator for heavy construction and repair, forest recovery, mining, flood emergency response, diver assistance, cutting, drilling, grappling, welding, dredging, raking, heavy transport, and other remote services. The company was formerly known as Hollund Industrial, Inc. and changed its name to Hollund Industrial Marine, Inc. in July 2008. Hollund Industrial Marine, Inc. is headquartered in Blaine, Washington.

2 Employees
Last Reported Date: 04/15/13

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hollund industrial marine (HIMR) Key Developments

Hollund Industrial Marine Announces Results of Timber Survey at Bayano Lake Project

Hollund Industrial Marine, Inc. announced the positive results from the Bayano Reservoir timber survey, performed by Bayano Lake Wood Products. Company's Senior Project Manager reported that a full timber harvest will commence upon the concession holder receiving the formal 'on-site' permit. No time table has been provided to the Company regarding the issuance of the on-site permit. In the interim, management indicated that the Company will remain keenly focused on refining the logistics and supply chain in preparation of launching full-scale operations, and, on project developments where there are numerous opportunities to expand the business globally.

Hollund Industrial Marine, Inc. Secures Purchase Orders for Tropical Hardwoods of Approximately $1,000,000

Hollund Industrial Marine, Inc. announced that the company has secured purchase orders for tropical hardwoods of approximately $1,000,000. These orders are in addition to those being secured or procured by senior partner at Lake Bayano, with more interest to follow. The company confirmed that the purchase orders are from multiple buyers. There has also been an expressed interest from other North American lumber distributors to provide additional purchase orders once timber recovery operations are in full swing.

Hollund Industrial Marine Announces Partnership Agreement to Commence Underwater Timber Operations at Panama's Bayano Lake

Hollund Industrial Marine, Inc. announced that the Company has reach a milestone in the Lake Bayano Project in Panama, having solidified its partnership agreement with Bayano Lake Wood Products, hence securing the company's first commercial underwater tree recovery project. Management indicated that the process of securing the Bayano Lake project was a learning experience that will weigh heavily in how the company's affairs will be managed going forward. As of now, the company and its partners are intently focused on the start-up of operations.


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