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rbtree

08/19/09 5:08 PM

#1075 RE: TRENDmendous #1072

How do you know all this? Have you contacted Richwood people?

Do you know what the contract allows to be harvested? I doubt that they're allowed to take all the trees. Clear-cutting can be harsh on the environment.

Also, you have no idea what volumes of timber they are recovering. It would take quite a ramp up in order for them to be able to handle such volumes.

Then, there's the issue of how much of the profits would flow through to IOVE. As they are cash poor, and thus obviously providing no monetary support, and since logging and processing is labor and cost intensive, I doubt their cut will be very large.

I just read your post laura, and tried the site again, it comes up now, translated. Duh, forgot about that. Yes, it surely looks like they have a good operation.