Amazonas Florestal Ltd (AZFL)

[sharky]

Amazonas Florestal reorganizes timber subsidiary 12/13/2014

Market: Standing timber
12 December, 16:14
Dec 13, 2014. /Lesprom Network/. Amazonas Florestal, Ltd. has reorganized its subsidiary titled Amazonas Florestal Inc. with the State of Florida. The Florida subsidiary will be responsible for restructuring the company's timber operations in Brazil, as the company said in the press release received by Lesprom Network.

The newly reorganized sub will be directed by the company's CEO Pepper Stebbins in an interim basis until such time that a complete management team can be set in place. Mr. Stebbins brings on board more than 20 years of experience in directing similar wood products operations having been Production Manager and later Marketing Director for Precious Woods, another major wood products manufacturer in Brazil that is also public.


Mr. Stebbins, stated "I am profoundly enthused to finally get working on organizing the company's timber production operations in Brazil. We have an enormous potential to create a substantial revenue stream through these proposed operations for AZFL, not only through the large order we have in house with our primary hardwood sleeper customer but also other large buyers of these products that have recently shown interest in our production capability at the mills in Rondonia. I am also thankful to have been given this opportunity, Amazonas has an excellent business plan and is poised to assume a positive position on the market and reach substantial business objectives as the plan materializes in 2015."


Amazonas Florestal is a natural resources company generating profit through innovative, sustainable management of its large tracts of land in the rainforests of Amazonas, Brazil.

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