Amazonas Florestal Ltd (AZFL)

[afo]

I found another news link. Is AZFL still a subsidiary of Ecologic Transportation? I have found sites saying they are. Now I found this but i do not know if it is old news or new.

Last updated: 01/11/2015, 10:28 PM EST

Ecologic Transportation, Inc. Announces the Signing of Letter of Intent to Enter Into a Merger Agreement, Spin-Offs of its Operating Subsidiaries and Related Events
Here is the link.
http://finance.thepennews.com/news/otc-markets/ecologic-transportation-inc-announces-the-signing-of-letter-of-intent-to-enter-into-a-merger-agreement-spin-offs-of-its-operating-subsidiaries-and-related-events/ecologic-transportation-inc-announces-the-signing-of-letter-of-intent-to-enter-into-a-merger-agreement-spin-offs-of-its-operating-subsidiaries-and-related-events-13237016.htm