Amazonas Florestal Ltd (AZFL)

[Capital_Gains]

Vey interesting !! And Im pretty sure ive said it before I actually am okay with the dilution IF IN FACT THEY ARE EXPANDING THE BUSINESS buying a mill would be okay with me, they staed in the last PR that they would have the ability to manufacture !!




Amazonas's CEO, Pepper Stebbins, commented, "Our goal to achieve revenues from the Brazilian operations in the last quarter of 2014 was not fulfilled mainly due to seasonal and licensing issues in the state of Rondonia where the Company has commenced operations. These matters have since been resolved and we should now see these operations begin to flourish with decent amounts of product during the first two quarters of 2015. These shipments should later increase each quarter as the harvest season comes into full swing in this part of Brazil beginning in late June. We have also added significant amounts to the timber inventories over the last year, which will allow for solid growth potential once financing to extract timber from these properties sustainably - is achieved. There appears to be an evident increase in demand over the last couple of quarters for precisely the exact tropical hardwood products that we will now have the capability to manufacture and deliver. It's an exciting time for us and our shareholders."