Amazonas Florestal, Ltd., Sustainable Forest Management Company, Issues First Annual CEO Letter to Shareholders
07 Novembro 2012 - 12:13PM
Business Wire
Amazonas Florestal, Ltd. (OTCPK: AZFL), a diversified forest
management company generating profit through innovative,
sustainable forest management, today released a letter from
President & CEO Michael Ibar to its shareholders:
OUR MISSION
Amazonas Florestal is positioned to be an industry leader in
Sustainable Forest Management, generating profit while protecting
the biodiversity of the rain forest ecosystem and enhancing the
lives of the people who live in it.
Sustainability, as a commitment, is the foundation of Amazonas
Florestal’s goals and responsibilities. From day one, our strategy
has dictated a balance between consumption and conservation,
environment and economics, profits and people — this is how we
position ourselves as industry innovators and our business model as
the only viable, responsible way forward.
Simply put, wood is the most consumed raw material on earth.
From the chair I am sitting on to the paper this letter gets
printed on, it all comes from Trees. At the same time, the health
and survival of our forests are, for reasons economic, political,
and climatological, of paramount importance. On the surface these
issues seem to be diametrically opposed to one another, however
when you accept as a principle, the reality and merits of each side
of this dilemma, you realize that they are inherently contingent on
each other’s success. This therefore provides an incredible
opportunity, if, you can solve the problem.
While wood is one of the most consumed resources on earth, it’s
also one of the most renewable resources on earth. When managed
properly, a forest provides timber, but more importantly, it also
offers sustainable solutions:
- Selective and cyclical harvesting
provides environmental sustainability by ensuring that the forest
maintains its integrity permanently in both quantity and
quality.
- Bio-mass derived from harvests and
production waste can be efficiently turned into a clean energy
source and provided to the local communities that, in many of these
remote areas, have no access to a sustainable energy source.
Emissions from this energy generation are sustainably absorbed by
the very forest that creates it.
- Timber harvests, wood product
production, and clean energy generation provide economic
sustainability and stability through the jobs and incomes they
provide to the local inhabitants and the revenues they provide to
the owners of the forest land. These revenues can then be used to
conserve, quantify, monitor, and avoid the devastating
deforestation occurring in these regions.
- In turn, this conservation is monetized
through Carbon Credits. The value and mechanisms within these
Carbon Credit programs exist to further enhance the sustainability
of the entire forest ecosystem.
This Enhanced Sustainable Forest Management (ESFM) or, as we
like to call it, from Tree to Trees is illustrated in our
graphic.
OUR HISTORY
Amazonas Florestal is a forest management company with land
holdings in the Brazilian Rainforest. The Amazonas vision and
mandate was created by and between me (Michael Ibar) and Ricardo
Cortez, both entrepreneurs based out of Miami, FL, and both with
decades of family history and experience in the South American and
overall timber industries. Our objective was to purchase and manage
large tracts of rainforest property that we had targeted for
sustainable harvesting of natural resources and long-term
conservation. We acquired approximately 90,000 continuous acres (or
141 square miles) of Virgin Primary Rainforest Land located in the
Brazilian State of Amazonas. This tract of land, known as Fazenda
Jatuarana, was purchased from Amazonas, Industria, Comercio e
Exportação de Produtos de Madeira, Ltda (“AICEM”) and its
principal, Reny de Oliveira.
Mrs. de Oliveira and her immediate family own controlling
interest in over 300,000 hectares (over 750,000 acres) of
rainforest land in the State of Amazonas, Brazil. Mrs. De Oliveira
is the head of a family that dates back over five decades in
ownership. From the beginning, the family has shown dedication to
forest management and to partnership with the indigenous
communities, forest experts, timber producers, and the governmental
and environmental agencies that regulate this rural forest
region.
The Land and Timber contained within Fazenda Jatuarana was
commercially appraised in 2010 at over $46,000,000.00 by EB da
Amazonia, credentialed through Banco do Brazil. The company also
acquired two approved Sustainable Forest Management Plans for the
licensed harvest of over 14,000 cubic meters of Timber. The
company then negotiated and closed a purchase order for the sale
$1,320,000.00 worth of railroad “Sleepers” (aka Railroad Ties) to a
UK railroad supply company. After an initial on-site quality
control inspection, from the UK client, which demonstrated, our
ability to produce the client’s product to spec and within their
tolerance limits, we began to fulfill this order for our customer
and generated our first revenues in late 2011. These processes were
critical to the company’s development, to work out all the
logistical and production kinks before embarking on the future and
larger scale, harvesting and production of the company’s
inventories of Timber.
MILESTONES
In the last two years the Company has achieved the following
important milestones:
- Acquired over 90,000 acres of virgin
Brazilian rainforest lands (Fazenda Jatuarana).
- Had Fazenda Jatuarana legalized,
geo-referenced, and appraised.
- Purchased two approved Sustainable
Forest Management Plans for the licensed harvesting of over 14,000
cubic meters of Merchantable Timber.
- Had these assets booked, verified, and
audited, with a value of over $47,000,000.
- Closed a $1,320,000 purchase order for
wood products.
- Began production and passed initial
on-site quality control inspection from client.
- Generated revenues through said
production.
- Entered the public markets and
significantly expanded our shareholder base.
The most critical milestones for Amazonas Florestal to achieve
in the next 12-18 months are:
- Raise sufficient capital to harvest
from our own timber inventories.
- Procure additional substantial and
diverse wood product orders.
- With a larger-scale operation, generate
over $5,000,000 in revenues.
- Develop, submit, and garner approval on
an additional four Sustainable Forest Management Plans on Fazenda
Jatuarana for the harvesting of 80,000 cubic meters two years from
now.
- Acquire another large tract of
Rainforest Land with a minimum size of 50,000 acres.
- Complete a feasibility study for the
development of a clean energy project using Bio- Mass as a fuel
feed stock.
- Develop a strategic partnership with an
industry leader for the formulation of a large scale R.E.D.D.
(Reducing Emissions from Deforestation and Forest Degradation)
project.
CLOSING REMARKS
In closing, I am tremendously excited about the opportunities
that lie before us. It has been a long road, but we have made
fantastic progress and are poised to grow exponentially. I feel, as
does the rest of our management team, that it is our personal
responsibility as stewards of the forests we own to manage them
responsibly, sustainably, and beneficially to all. I strongly
believe that with your continued support we will be able to do our
part to preserve and protect the environment and enhance the living
conditions of many, all while delivering both monetary and
ecological value to our shareholders. I am focused and inspired by
the great people with whom I have the privilege of working and will
work tirelessly to lead this company to great success.
Sincerest Regards,
Michael Ibar
Chief Executive Officer
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995.
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