Hollund Industrial Marine Inc. (HIMR)

[GATStocks]

I have just finished reading the 10K and it's actually not bad. Here are my thoughts please feel free to discuss.
For one the easiest, HIMR rents office space from North Cal, it's important to link these two companies.
Next, not that I thought $HIMR would do a r/s before, but this definitely convinces me they won't. They have gradually put themselves and their s/s in a position where they would not "personally" gain much from a r/s, and it actually makes more sense for them to do a buy back and earn investor confidence at this point.
Lastly they have vested capital into the Bayano project which tells me they believe it will be profitable for them.

Also a good sign that the report came out on time. I'm not going into details cause we can all read it but putting things in perspective, overall I feel good about it.