Friday, June 16, 2017 9:06:21 AM
Amazonas Florestal Ltd. Its Wholly-Owned Subsidiary, Amazon Hemp Ltd., Achieves Registration With The Colorado Department of Agriculture.
Completed the planting of 236,700 High CBD Hemp seeds in the 100 acre field located in Weld County.
Amazon Hemp Ltd., Has Completed Planting Its Second 100-Acre CBD Hemp Field in Weld County, Colorado.
Just one acre of weed can produce 3.25 million dollars times 200 acres is about $650,000,000
Ricardo Cortez, Company Chairman of Amazonas Florestal, Ltd., said, "Planting this second field completes our seeding process and allows management to move forward with its plans to purchase a property nearby these two fields where the harvested product can be securely stored, dried and processed. The properties that are under review for purchase include sufficient acreage for the kitchen and lab facility where our contractors in Colorado will set up operations to use the CBD Hemp flower, once dried, in the processing of High CBD oil, distillates and islet crystals.
Management intends to close on one of these properties now in the month of June and order the construction and lab equipment in July so that it can be installed in time to receive and process the dry flower starting in October."
AZFL is listed as:
OTC PINK Pink Current Information stock company
Share Structure as of May 01, 2017
Authorized Shares 3,000,000,000
Outstanding Shares 504,606,084
Cash on hand 3-31-2017 $340,643
Total assets as of 3-31-2017 $3,834,128
Net income for the first 3 months $195,064
As of March 31, 2017, the Company has total liabilities of $578,405
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