Amazonas Florestal Ltd. Has Leased 100 Acres of Land In Dacono, Colorado
February 07 2017 - 11:42AM
InvestorsHub NewsWire
MIAMI, FL -- February 7, 2017 -- InvestorsHub NewsWire --
Amazonas Florestal, Ltd. (www.azflusa.com) (OTC
PINK: AZFL), a natural resources company dedicated to
innovative, sustainable forest management, the certification and
sales of carbon credits, and Industrial Hemp, today announced that
the company has reactivated and changed the name of its
wholly-owned subsidiary, Amazons Hemp Ltd., that was
incorporated in 2015 in the State of Colorado and will from now on
be known as AMAZON HEMP LTD. AMAZON HEMP LTD has achieved funding
to plant 100 acres of Industrial CBD Hemp In Dacono, Colorado and
has signed the lease on 100 Acres of farmland and paid a security
deposit on the seeds.
Amazon Hemp Ltd. will now move forward with the activation and
implementation of its Business Plans for 2017. The Colorado
subsidiary has achieved funding to complete the financial
requirements for the Colorado Hemp plantation and has leased a
100-acre property located off of State Road 52 in Dacono to plant,
cultivate and harvest CBD Hemp while establishing a market for CBD
Hemp products with focus on the formulation and production of High
CBD Oil and Crystals and for the development of its own products
containing these chemicals and derivatives.
Ricardo R. Cortez, Chairman of the Board of Amazonas Florestal
Ltd. commented, "I am very pleased to report that as of last week,
management signed off on a funding facility in Denver with a group
of investors from Ecuador spearheaded by Mr. Jose Jouvin, who will
stay on board as Treasurer and Registered Agent for our Colorado
subsidiary, Amazon Hemp Ltd. The facility is sufficient to
completely fulfill the monetary requirements for the CBD Hemp
project to be implemented in Colorado this year. The company leased
the property after completing thorough inspections that proved it
to be suitable for this crop. We have also hired personnel and
consultants in Colorado with extensive curriculums and expertise in
the cultivation of these products to effectuate each of the
necessary project phases and have applied for the permits with the
Colorado Dept. of Agriculture that should be approved in the coming
weeks. The company envisions that this project this year will
become its first stateside-based revenue producing business and
expects it will add significant shareholder value in the company
during the coming months. We will continue to inform our
shareholders as we progress further with this exciting new
venture."
Peter W. Stebbins, Chief Executive Officer for Amazonas
Florestal Ltd. added, "These new developments should demonstrate to
our long-term shareholder base that company management is
aggressively focused on moving AZFL in a positive
direction. Also, Company accountants are working diligently to
complete the Audits pending to date and will soon post our 2016
10-K Annual Report and Audits." Stebbins continued, "The
operations in Colorado will add a new dynamic that this company has
not ever had in the past."
About Amazonas Florestal Ltd.
Amazonas Florestal Ltd. is a natural resources company dedicated
to innovative, sustainable management of large tracts of land in
the rainforests of Amazonas, Brazil, that include the certification
and sale of carbon credits and the growth, harvesting, research and
development of Industrial Hemp and related products in the U.S.
Headquartered in Miami, FL, Amazonas's goal is to become a
leader in sustainable forest management and preservation, 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, certification and sale
of carbon, biomass and biofuel production, and conservation
incentives, Amazonas Florestal Ltd. intends to help protect one of
the world's greatest natural resources and show how its
preservation can be a profitable activity. Visit the Company at:
www.azflusa.com
Forward Looking Statements
Forward-looking statements in this release regarding Amazonas
Florestal Ltd. are made pursuant to the "Safe Harbor" provisions of
the Private Securities Litigation Reform Act of 1995. Investors are
cautioned that such forward-looking statements involve risks and
uncertainties, including, without limitation, continued acceptance
of the Company's products, increased levels of competition, new
products and technological changes, the Company's dependence upon
third-party suppliers, intellectual property rights, and other
risks detailed from time to time in the company's periodic reports
filed with the Securities and Exchange Commission.
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