Monday, November 23, 2015 11:29:13 AM
Ricardo R. Cortez is CEO/Treasurer/Secretary/Director
Juan Carlos Ubieto is Director/IRO
Neither has more than 4.99% of the common shares outstanding.
The company's AFL subsidiary's timber operations are at
RVA Salvador,Numero120, 12 Andar, EdifVeral Wes Business Center,
Bairro Adrianoplis,Manaus,Amazonas,Brazil CEP 69.057040.
The subsidiary contracts with a timber supplier which fulfils
the environmental/governmental regulations required to produce
and sell timber. The company acts only as a timber agent. To date
the company has sold only railroad ties to one customer in the UK.
The company is seeking to expand its sales to this one company before it pursues other companies.
The company retains the original ECOSIS business plan and will
pursue setting up alternative fuel stations at existing California
gas stations.
A new acquisition of Earth Pass L.L.L., a Brazilian company with 26,000 hectacres of land titles in areas suitable for forest management and REDD conservation projects is being pursued diligently for completion by the end of this year.
The Fazenda Jatuarana and five other properties in Borba with
114,900 acres of rainforest land in Amazonas, Brazil were returned
by the company to the original owners who are still shareholders and affiliates of the company this summer. The reason is that the
value of the company's stock given to them for the property as
gone down in value so much since the original transaction in 2012.
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