Ghana's 'miracle': logging underwater forests for exotic timberLake Volta, one of the world's largest artificial lakes, is expected to yield millions of dollars worth of timber in what is set to be Africa's biggest-ever underwater logging of what was thought to be lost forests. An inventory, conducted using high resolution sonar -- a technology used to locate objects underwater -- has identified some 100 species of trees, including sought-after hardwoods such as ebony, teak and mahogany, all buried in the lake bed
TIGER-LYNK – AR SERIES- REMOTE MANIPULATOR ROBOTIC ARM-By Dr. Wagner, Vice President Hollund Industrial Marine “HIMR-OTCBB” pioneered and coordinated the research and development of the Canadarm, the legendary robotic arm used on the NASA Space Shuttle
It was created to take advantage of the significant forest reserves that stand in dam reservoirs throughout the world, collectively holding timber worth more than $50 billion. With no roads to build, no fires or pests to control and no replanting costs
BACKGROUND READING ON UNDERWATER LOGGING
“The global market for industrial wood products (including wood and paper) is a $400 billion industry, according to From Forests to Floorboards: Trends in Industrial Roundwood Production and Consumption, a 2001 report from the World Resources Institute. As the world’s thirst for wood grows and the resulting deforestation contributes to a wide range of environmental problems, one enterprising group has gone to a surprising location to search for more sustainable wood supplies—under the water. A great amount of timber sank during log drives or was flooded during the construction of hydroelectric dams around the world. Although under water, the trees may be as good as new.
“HIMR” is undervalued compared to its Price of $0.40 cents to $0.50cents per share, now somewhat below average price, currently rated a Buy up to $0.04 cents per share. EPS (Earnings per Share): EPS stands for leading 12 months Earnings Per Share. “HIMR” has a forecasted EPS of $0.072 cents per share. Letters of Intent determines this forecast from a combination of potential earnings performance and traditional fiscal and /or calendar year earnings forecasts.
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