Amazonas Florestal, Ltd., Sustainable Forest Management Company, Issues CEO Update to Shareholders
July 15 2013 - 10:38AM
Business Wire
Amazonas Florestal, Ltd. (OTCPK: AZFL), a diversified forest
management company generating profit through innovative,
sustainable forest management, today released a letter from
President & CEO Michael Ibar to its shareholders:
I am pleased to announce that the company has made substantial
progress toward achieving our corporate and business goals. Most
immediately, Amazonas Florestal, Ltd. (OTCPK: AZFL) has secured
Eligibility by The Depository Trust Company for our shares
effective July 10, 2013. Securing DTC eligibility will ensure
efficient trading and clearing for our shareholders.
On the back of almost a year’s worth of preparation, management
for our Timber Division is ready for a profitable 2013 Brazilian
timber harvest season. While harvested timber can be converted to
wood products and sold/exported year round in Brazil, timber
harvesting can take place only during the dry season, which runs,
typically, from the beginning of June through December 31. Due to
heavy rains, this year’s harvest season in the region began a bit
later than usual.
We are right on track in implementing our operational plan,
which consists initially of developing our Timber Division, using
it as the catalyst for future expansion and diversification through
our other proposed initiatives, including biomass development for
clean energy and proprietary programs to protect the biodiversity
of the local ecosystem.
Within the Timber Division, our immediate objectives are
twofold: to fulfill our current $2.64MM dollar purchase order from
Trackwork Limited for 4000m³ of sleepers and bearers (railroad
ties) and to expand our Timber Agent activities (wood products
produced from acquired third party timber). Revenue from these
Timber Agent activities will allow us to begin the cycle of
harvesting and producing from our own timber inventories so that we
can efficiently expand our product offering, our customer base, and
our market reach. To achieve these objectives, we have spent the
months leading up to the open of the timber season analyzing and
negotiating with projected timber suppliers, saw mills, and
transporters.
I am proud of what we have accomplished both recently and over
the last two years to put Amazonas Florestal in the position that
we find ourselves in today. It’s an exciting time for Amazonas
Florestal and its shareholders: logs are already being harvested
from forests across the region, and we’re fully prepared for
imminent growth in operations and revenue generation. All of this
activity is helping us carry out our vision of making preservation
profitable, positioning Amazonas Florestal as the industry leader
in sustainable forest management.
Sincerest Regards,
Michael Ibar
Chief Executive Officer
About Amazonas Florestal
Amazonas Florestal is a diversified forest management company
generating profit through innovative, sustainable management of its
large tracts of land in the rainforests of Amazonas, Brazil.
Amazonas Florestal’s sustainable forest management strategy, with
its green philosophy and method of cyclical harvesting, preserves
ecosystems through habitat and water resource preservation,
positioning it as an industry leader in responsible, eco-friendly
timber practices.
Headquartered in Miami, FL, Amazonas’ goal is to become the
leader in sustainable forest management, creating revenue while
protecting the biodiversity of the rainforest ecosystem and
enhancing the lives of the people who live in it. Through a
strategy of selective harvesting, biomass production, and
conservation incentives, Amazonas Florestal not only protects one
of the world’s greatest natural resources, it also makes
preservation profitable.
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995.
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