Hollund Industrial Marine Inc. (HIMR)

[TexasRambler]

In the 1800's the logging industry was very robust in Minnesota and Wisconsin. A lot of the cut logs were moved by floating them thru the Great Lakes. about 1900 the industry declined. A few years back it was discovered a good amount of logs had sunk into those waters. A number of companies popped up for a few years to harvest those sunk logs. The wood from those logs were selling ABOVE premium because the wood in that quality has not been available for years. A number of companies made a lot of money.
Now, a number of dams and reservoirs were built in the early 1900s are still there, with these "forests" sitting there underwater. Yes, there is money to be made. The company has to execute there business plan. If they do, the stock will move up nicely.

It is certainly your right to think this is STUPID.

tex