just found this!!!!
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Ecowood, LTD. Announces Change in Management and Stock Structure
AKE DALLAS, Texas, Oct. 3 /PRNewswire-FirstCall/ -- Ecowood, LTD., a Lake Dallas-based company via Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD), announces the addition of Michael Alexander as the Chief Executive Officer, President and Chairman of the Board. Mr. Alexander has also become the majority shareholder of Ecowood, LTD.
'I look forward to the challenges during this rapid growth process,' says Michael Alexander.
Mr. Alexander has purchased the majority interest in the company and will leave most management in their current positions. This purchase includes Ecowoods' non-profit sister company, Rainforest Preservation Foundation, known in Brazil as Fundamazon Fundacao De Preservacao Da Floresta Amazonica, which actually holds the license with the Brazilian Government.
'This purchase comes with unbelievable assets, to include, standing rainforest timber management, a major titanium deposit, clear title to all the logs at the bottom of the Amazon River and its tributaries, with carbon credits. We will utilize all resources at our disposal to begin the monumental task of rebuilding and replanting the lost Amazon Rain Forest,' says Alexander.
Mr. Alexander has received independent values on the logs from an outside source, which put current market value approx. $75 billion USD. The carbon credits current value are approx. $4 trillion USD. The current value of the titanium is yet to be determined do to the unknown sizes of the deposit.
'We have begun negotiating with Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD) for the management of our assets to make the most of this opportunity. We would also like to hear from anyone else interested in joint ventures or partnerships. We would be especially interested in hearing from environmentally friendly organizations and/or advocates including but not limited to Bill Gates (MSFT), former President Bill Clinton and Vice President Al Gore and Leonardo Di Caprio to name a few. These individuals and their organizations have like minded goals with our management for the environment,' says Alexander.
About Ecowood, LTD.
Ecowood, LTD. is a privately held Lake Dallas-based for-profit company with the only known license to remove logs from the Amazon River system. In addition to this license, Ecowood, and its affiliated organizations have title to Amazon Rain Forest standing timber, a Titanium deposit and Carbon Credits.
This release should not be construed as a solicitation for funds in any manner.
SOURCE Ecowood, LTD.
Source: PR Newswire (October 3, 2006 - 3:50 PM EST)
