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Re: Jm08 post# 37329

Tuesday, 05/13/2014 9:52:11 AM

Tuesday, May 13, 2014 9:52:11 AM

Post# of 40986
BLAINE, WA--(Marketwired - Feb 20, 2014) - Hollund Industrial Marine, Inc. (PINKSHEETS: HIMR) ("Hollund" or the "Company" an underwater forest management company, announced today that ANAM (Autoridad Nacional del Ambiente) has granted the remaining necessary permits, allowing for Bayano Lake Wood Products (BLWP), Hollund's Panamanian partnership with B&B Madera, to officially begin logging operations at Bayano Lake.

"Receipt of these permits is a major milestone that represents a huge step in the evolution and growth of Hollund," stated Peter Meier, President of HIMR. "All the preparation and diligence conducted by our team during the past year has set the stage for the implementation of both our short and long-term plan to build a successful forest management company."

Mr. Meier continued, "Having now overcome these administrative delays, we are eager to finally get to work in Panama, and, to witness the first logs arriving at our landing site."

Formal receipt of these permits enables BLWP to commence underwater timber recovery at the Bayano Lake Timber Project. Hollund's senior partner is now engaging full-scale operations on the lake.

Mr. Meier concluded, "We look forward to sharing with all of you, this monumental event."

THIS PR WAS A COMPLETE LIE.