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HIMR Hollund Industrial Marine Inc (CE)

0.000047
0.00 (0.00%)
16 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hollund Industrial Marine Inc (CE) USOTC:HIMR OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000047 0.00 01:00:00

Hollund Industrial Marine, Inc. Announces New Marketing Initiative to Accelerate Entry Into Global Underwater Forest Market

25/05/2012 5:15pm

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Hollund Industrial Marine (CE) (USOTC:HIMR)
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Hollund Industrial Marine, Inc. (PINKSHEETS: HIMR) ("Hollund" or the "Company") today unveiled a core initiative that will be the focus of its marketing efforts moving forward.

"Launching our new Project Team initiative is a very important part of maximizing the efficiency of our marketing efforts for 2012. Because our primary targets are large dams that are spread across the world, it is critical that we geographically optimize our marketing campaigns to increase awareness about our underwater forest recovery services and the positive impact of those services on reservoir based communities," stated Peter Meier, President of Hollund.

Hollund's Reservoir Teams will seek to develop underwater forest and mining concessions in partnership with state and local governments, utilities, and other entities that own or manage large dam reservoirs containing underwater forests and dredge mining opportunities. The Project Teams will further collaborate with experienced partners working in the Mining and Forest Sector, investing its resources and tapping the strengths of its networks to advance the Company's strategic goals.

The International Commission On Large Dams (ICOLD) estimates that there are as many as 48,000 large dams worldwide. A large dam is defined as higher than 15 meters. Mr. Meier stated, "Currently we are performing a detailed analysis of this market, where we are most likely to generate sales, and will immediately shift our team building focus to promote the fastest market entry possible."

About Hollund Industrial Marine, Inc. Headquartered in Blaine, WA, Hollund Industrial Marine, Inc. (PINKSHEETS: HIMR) seeks to align the interests of businesses, communities, utilities and governments by offering an integrated business model for underwater forest and mining management. Hollund's model -- including resource and needs assessment, permitting, environmental and project planning, mining, logging, milling, product branding and sales adds value for our shareholders, our partners and reservoir based communities.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks.

For investor relations, Hollund Industrial Marine, Inc. ir@hollundindustrial.com CONTACT: info@hollundindustrial.com

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