SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Madera International - Symbol WOOD

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Arcane Lore who wrote (1975)11/8/2001 4:11:19 PM
From: formerposter   of 1979
 
Madera's Amazon land title cancelled in 1999!!

***FROM A POST ON THE RB WOOD BOARD 17998***

" Jeez Loueez!!! Lookit whut da hail I found!!! Not 100% sure this is the same Ray Fernandez (Raymond Nonato de Fernandes), but too scary to be coincidence.

This is a google.com translation of "The White Book of the Land Illegal occupancy of landed property in Brazil" published by the Minesterio do Desenvolvemento Agrario. It details illegal land titles that were revoked. Had to use this
translator since my Portuguese is not "mai bem".

translate.google.com

Scroll to the Amazonas section:

"** Farm River Luna III , with 280.733 hectares, on behalf of Mr. Raymond Nonato de
Fernandes, located in New Aripuanã/AM. Register in the Judicial district of Aripuanã/AM;"
NOTE: 1 HA. = approx 2.5 acres.

I was able to track this down after discovering this article on land scams and falsified titles originally published in the Christian Science Monitor 4/19/2001 forests.org

More specifics at another translated page shows that these registrations have been going on for three decades. What is of interest in the following article is that the "fraud" was discovered in 1999!!! No wonder three sets of auditors quit
and the last SEC filings were in 1999.

translate.google.com
"
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext