BLAINE, Wash., Aug. 13, 2012 /PRNewswire/ -- Hollund
Industrial Marine, Inc. (PINKSHEETS: HIMR) ("Hollund" or the
"Company") announced that the company today has reduced the Issued
and Outstanding share count by just over 1 Billion Shares –
starting the intended Dilution Reform Program (share reduction
plan) weeks earlier than originally contemplated.
OTC Markets information site will be updated within the next 24
hours and should reflect within the day.
To visit the Hollund Industrial Marine Facebook page, please
visit
https://www.facebook.com/pages/Hollund-Industrial-Marine-Inc/272602472839738.
To visit The Company's Twitter page, please visit
https://twitter.com/HollundIndust, and for LinkedIn please
visit
http://www.linkedin.com/groups/Hollund-Industrial-Marine-4570816?gid=4570816&trk=hb_side_g.
About Hollund Industrial Marine, Inc.
Headquartered in Blaine, WA,
Hollund Industrial Marine Inc. (Pink Sheets: HIMR) seeks to align
the interests of businesses, communities, utilities and governments
by offering an integrated business model for underwater forest
management. Hollund's model – including resource and needs
assessment, permitting, environmental and project planning,
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
SOURCE Hollund Industrial Marine, Inc.