Amazonas Florestal Ltd (AZFL)

[ThoroughBread]

New dilution shares......

NOTE 10: SUBSEQUENT EVENTS

The Company has evaluated subsequent events through the time since the December 31, 2014 financial
statements were issued and no events have occurred subsequent to December 31, 2014 that require
disclosure or recognition in these financial statements with the exception of the following:
The company signed a letter of intent to purchase a sawmill near the land that was recently purchased, in
order to process the timber that it located on it. A $2 million dollar loan will need to be obtained in order
to purchase the mill and is now in negotiation with several financial institutions.
The company entered into another 3a10 settlement with IBC Funds to clean some of the older accounts
payables off of the Balance Sheet. An Interim Financial Disclosure was filed disclosing this material
definitive event on November 7th, 2014.
The company also signed a letter of intent to purchase a forest management plan in an area with over one
million cubic meters of licensed timber in the State of Acre – Brazil. A $20 million 3 year loan will be
obtained to purchase the management plan.