Hollund Industrial Marine, Inc. (PINK: HIMR) reached up 40% in morning trading to $.0007 with 65M shares traded. Hollund Industrial Marine Inc. seeks to align the interests of businesses, communities, utilities and governments by offering an integrated business model for underwater forest management. Hollund's model – including resource and needs assessment, permitting, environmental and project planning, logging, milling, product branding and sales adds value for their shareholders, their partners and reservoir based communities. Hollund Industrial Marine, Inc. (PINKSHEETS: HIMR) announced today that the Company has begun exploring options in its growth and expansion strategies – accelerating discussions with merger prospects, as the South American Project Development Team begins preparing for a possible joint venture abroad.
DragonWave Inc. (NASDAQ:DRWI) reached up 17.73% in morning trading to $2.59 with 700K shares traded. DragonWave® is a leading provider of high-capacity packet microwave solutions that drive next-generation IP networks. DragonWave's carrier-grade point-to-point packet microwave systems transmit broadband voice, video and data, enabling service providers, government agencies, enterprises and other organizations to meet their increasing bandwidth requirements rapidly and affordably. The principal application of DragonWave's products is wireless network backhaul. Additional solutions include leased line replacement, last mile fiber extension and enterprise networks. DragonWave's corporate headquarters is located in Ottawa, Ontario, with sales locations in Europe, Asia, the Middle East and North America. DragonWave Inc. (TSX:DWI)(NASDAQ:DRWI) yesterday reported financial results for its second quarter of fiscal year 2013, ended August 31, 2012. Revenue for the second quarter of fiscal year 2013 was $44.2 million, compared with $13.6 million in the second quarter of fiscal year 2012 and $13.0 million in the first quarter of fiscal year 2013.
Santo Mining Corporation (OTCBB:SANP) reached up 33.06% in morning trading to $.64 with 1M shares traded. Santo Mining Corporation is an aggressive junior minerals exploration and development Company, based in the Dominican Republic. The Company is actively pursuing the acquisition and exploring of properties, which are strategically located in the prolific and highly prospective Hispaniola Gold-Copper Back-Arc area in the Dominican Republic. Santo Mining Corporation (OTCBB:SANP) yesterday announced that it is acquiring 100% of the Francesca gold exploration claim just west of Moncion in the Dominican Republic. This is the Company's fifth claim that it has acquired and consists of 2,120 hectacres of explorable lands.
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