HIMR Hollund Industrial Marine, Inc. featured news, full reports, and detailed charts
Hollund Industrial Marine, Inc. (HIMR/HIMR.PK) Wrap Up:
Hollund Industrial Marine, Inc. operates an industrial marine equipment and services company. The company, through its subsidiary, Hollund Industrial Robotics Systems, Inc., has the patents to TigerLynk technology. It develops TigerLynk AR-120, an underwater remote manipulator system for offshore energy, marine construction, forestry, mining, and flood emergency response applications. The company was formerly known as Hollund Industrial, Inc. and is based in Branson, Missouri.Hollund Industrial Marine, Inc. (HIMR:OTC)
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HIMR Top Compensated Officers
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Key developments for Hollund Industrial Marine, Inc. (HIMR)
Hollund Industrial Marine Inc. has signed a letter of intent to supply TigerLynk forest equipment to a private company that has secured a major underwater forest concession. The letter of intent provides that the customer will purchase a total of eight TigerLynk forest machines over a four-year period for $12 million, or $1.5 million per machine, commencing upon delivery of the first machine. The transaction is subject to (i) the negotiation and execution of a definitive agreement and (ii) a cash deposit by the customer. The customer's name and project are not being disclosed at this time.
On July 15, 2008, Hollund Industrial Inc. changed its name to Hollund Industrial Marine Inc.
Effective August 18, 2008, Hollund Industrial Marine Inc. will change its OTCPK stock ticker symbol to HIMR from HLLD.
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More Recent News About Hollund Industrial Marine, Inc.
More news for HIMR
Hollund Industrial Marine, Inc. Announces CEO Interview With TheSCR.com
BRANSON, MO--(Marketwire - 10/23/09) - Hollund Industrial Marine, Inc. (Pinksheets:HIMR - News) announces that CEO Michael Lacy will be doing a live telephone interview with TheSCR.com. The interview will be released on TheSCR.com website Tuesday, October 27th, 2009. Mr. Lacy said, "I look forward to the interview with TheSCR.com and talking about our new strategic focus on underwater logging, among other topics."About Hollund Industrial Marine, Inc. (HIMR)Hollund Industrial Marine, Inc. (Pinksheets:HIMR - News) (www.HollundIndustrial.com) is focused on commercializing the patented TigerLynk technology solution (www.TigerLynk.com) for the underwater forest industry. TigerLynk is a heavy machine system that utilizes a vessel-mounted robotic arm with vision enhancement systems to locate, cut, ...Click here to read the whole Article (external link)
Underwater Logging: Hollund Industrial Marine, Inc. Launches Public Relations and Investor Relations Initiative
BRANSON, MO, Oct. 20 /PRNewswire-FirstCall/ - Hollund Industrial Marine, Inc. (Pink Sheets: HIMR - News; www.HollundIndustrial.com) today announced that the company recently began a series of information meetings with members of the financial community in Chicago. At the presentation, Michael Lacy, CEO of Hollund Industrial Marine described the company's business focus and market opportunities to a group of financial managers and investors. "Today there are an estimated 300 million trees that are flooded in dam reservoirs around the world. Below the water the trees are no longer living, yet they remain preserved and viable for a variety of uses. It makes economic and environmental sense to use those trees instead of cutting down living trees"; Mr. Lacy told the group of investors.He added, "Cutting trees under water on a commercial scale has challenged forest companies for years. Diver-based logging methods have proven to be inefficient and dangerous. TigerLynk was specifically designed for this unique application and the technology is proven on a smaller scale. The next-generation of TigerLynk underwater logging equipment will evolve the product from prototype to commercial model for our exciting entry into this lucrative 'green' market."The company announced that Mr. Lacy plans to make further ...Click here to read the whole Article (external link)
Hollund Industrial Marine, Inc. Announces Article Profiling TigerLynk Technology
BRANSON, MO, Oct. 14 /PRNewswire-FirstCall/ - Hollund Industrial Marine, Inc. (Pink Sheets: HIMR - News; www.HollundIndustrial.com) today announced that its TigerLynk technology (www.TigerLynk.com) is profiled in the September 2009 issue of Robot Magazine, the latest in hobby, science and consumer robots. The name of the article is 'Largest Robot Arm With 9 DOF!'; it describes the TigerLynk 120 ft industrial robot arm and the Company's plan to introduce the arm as part of a new line of underwater heavy machinery. The article can be viewed on the Company's product website via this link: www.tigerlynk.com/news.html.Hollund Industrial Marine, Inc. (Pink Sheets: HIMR - ...Click here to read the whole Article (external link)
Hollund Industrial Marine, Inc. Announces New Strategic Focus
BRANSON, MO, Oct. 5 /PRNewswire-FirstCall/ - Hollund Industrial Marine, Inc. (Pink Sheets: HIMR - News; www.HollundIndustrial.com) today announced that it has completed a market review with the intention to focus its TigerLynk business. In line with the market review, the Company today announced that it will now focus primarily on commercial underwater logging, and expand its business model to include forest resource and operations management, targeting dam reservoirs in tropical regions of the world. "What we are announcing today is a strategic focus that more aptly leverages the strengths of our technology and allocates the resources to provide the greatest value to our shareholders. Having completed a detailed review we believe that the Company has an historic opportunity with TigerLynk to emerge as the global leader in underwater forestry," said Michael Lacy, CEO of Hollund Industrial Marine.Hollund Industrial Marine, Inc. (Pink Sheets: HIMR - News; ...Click here to read the whole Article (external link)
Hollund Industrial Marine, Inc. Announces Retention of Martin E. Janis & Company, Inc. for Investor Relations Services
BRANSON, MO--(Marketwire - 08/19/09) - Hollund Industrial Marine, Inc. (Pinksheets:HIMR - News) today announced that it has retained the services of Martin E. Janis & Company, Inc., a leading investor and public relations agency, to assist in the Company's shareholder communications program. Martin E. Janis & Company, Inc., founded in 1950, is a Chicago-based, full-service investor and public relations agency. The firm, the oldest in the field of investor relations, has extensive experience representing fast growing public and private companies. "Hollund is focused on providing innovative remote heavy operating solutions to significant challenges within the marine sector," commented Chief Executive Officer Michael Lacy. "We believe Martin E. Janis & Company will help us communicate our compelling story and gain greater understanding and visibility within the investment community. We look forward to benefiting from their insight into the capital markets and from their relationships within the financial community gained from nearly six decades of IR experience."Hollund Industrial Marine, Inc. (Pinksheets:HIMR - News) is focused on providing innovative remote heavy operating solutions to significant chall...Click here to read the whole Article (external link)
Hollund Industrial Marine, Inc. Announces Corporate Update to Shareholders
BRANSON, Mo., April 2, 2009 (GLOBE NEWSWIRE) -- Hollund Industrial Marine, Inc. (Other OTC:HIMR.PK - News), today announced the following corporate review. To date, the Company has announced a total of $19.2 million in future sales of fourteen (14) TigerLynk Machines, backed by letters of intent from potential customers in underwater forest and other marine industries. Currently Hollund is in talks with one of its potential customers on a definitive agreement. If consummated, the agreement is expected to result in the Company receiving a purchase order for TigerLynk equipment. In addition, both parties are also discussing a potential technology licensing agreement for TigerLynk in certain commercial applications and geographic territories.Hollund will issue a further news release in the event that the Company enters into a definitive agreement or in the event that these negotiations are terminated.About Hollund Industrial Marine, Inc.Incorporated in Washington, Hollund Industrial Marine, Inc. (Other OTC:HIMR.PK - News) is an industrial marine equipment and services company. Hollund Industrial Robotics Systems, Inc., a wholly owned subsidiary, has the exclusive patents to TigerLynk Technology....Click here to read the whole Article (external link)
Hollund Industrial Marine, Inc. Announces Letter of Intent to Sell Eight TigerLynk Underwater Forest Machines for $12 Million
BRANSON, Mo., Nov. 20, 2008 (GLOBE NEWSWIRE) -- Hollund Industrial Marine, Inc. (Other OTC:HIMR.PK - News) is pleased to announce that it signed a letter of intent to supply TigerLynk forest equipment to a private company that has secured a major underwater forest concession. The letter of intent provides that the customer will purchase a total of eight TigerLynk forest machines over a four-year period for $12 million, or $1.5 million per machine, commencing upon delivery of the first machine. The transaction is subject to (i) the negotiation and execution of a definitive agreement and (ii) a cash deposit by the customer. The customer's name and project are not being disclosed at this time.Michael Lacy, CEO of Hollund commented, ``The unique opportunity that this project provides us is an exciting proposition for our management team and our shareholders. Given the size and scope of the proposed project, and TigerLynk's proven ability to harvest large-diameter trees underwater, the application of TigerLynk technology in this case is logical and compelling. I look forward to providing an update to our shareholders, as the negotiations are ongoing.''TigerLynk is a patented Underwater Remote Manipulator System (``Machine'') being developed by Hollund Industrial Marine, Inc. Designed specifically for underwater operations, TigerLynk machines feature multi-boom robotic arms, interchangeable tools, and unique vision systems that enable an operator to perform a wide array of remote construction and recovery services. TigerLynk t...Click here to read the whole Article (external link)
