The mandatory share certificate exchange is nearly
Hollund Industrial Marine Inc. Announces Corporate Update On Mandatory Share Certificate Exchange
2008-09-11 12:33 ET - News Release
BRANSON, Mo., Sept. 11, 2008 (GLOBE NEWSWIRE) -- The mandatory share certificate exchange for Hollund Industrial Marine, Inc., formerly Hollund Industrial, Inc. (Pink Sheets:HIMR) is nearly complete.
Certificates representing 261,343,903 Common shares, roughly 99% of the issued and outstanding shares have already been received and processed by Hollund's transfer agent, Transfer Online, Inc.
Hollund instituted the mandatory certificate exchange as it changed its name from Hollund Industrial, Inc. with the CUSIP number 435727102 to Hollund Industrial Marine Inc. with the CUSIP number 435730106 and trading symbol to HIMR on August 18, 2008.
IMPORTANT NOTICE: This is a mandatory share exchange. As part of the name change and ticker symbol change, all issued and outstanding shares of Hollund's current Common stock MUST be exchanged for new certificates bearing the name Hollund Industrial Marine Inc. with the CUSIP number 435730106, and the name of the beneficial owner. No new certificate(s) will be issued to a shareholder until the shareholder has surrendered the old stock certificate(s). Shares that are not presented to the Company's transfer agent, Transfer Online, Inc. for exchange by October 2, 2008 will be declared null and void.
STOCK CERTIFICATE EXCHANGE PROCEDURE
For instructions on how to complete the mandatory share certificate exchange, contact the Company's transfer agent, Transfer Online, Inc., 317 SW Alder Street, Second Floor, Portland, OR, 97204. Tel: (503) 227-2950; Fax: (503) 227-6874. Shareholders may also contact the Company directly by Email: info@hollundindustrial.com; Tel: (417) 339-4553; Fax: (417) 339-4552; Mail: Hollund Industrial Marine Inc., 3000 Green Mountain Drive, Suite 107-413, Branson, MO, 65616; or Online: www.hollundindustrial.com/mandatoryexchange.html.
About Hollund Industrial Marine, Inc.
Incorporated in Washington, Hollund Industrial Marine, Inc., formerly Hollund Industrial, Inc. (Pink Sheets:HIMR) is an industrial marine equipment and services company. Hollund Industrial Robotics Systems, Inc., a wholly owned subsidiary, has the exclusive patents to TigerLynk Technology. TigerLynk is an innovative Underwater Remote Manipulator System ("Machine") being developed by Hollund for offshore energy, marine construction, forestry, mining, and flood emergency response applications. For more information on Hollund, visit www.HollundIndustrial.com. For more information on TigerLynk Technology and Equipment, visit www.TigerLynk.com.
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.
CONTACT: Hollund Industrial Marine, Inc. Investor Relations Richard Cindric (415) 630-0561
