Madera Int. (WOOD) Message Board

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Microcap & Penny Stocks : Madera Int. (WOOD)

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To: WILLIE L HUNT who wrote (3401)	1/13/1999 3:54:00 PM
From: John T. Hardee	of 3693

Willie.. Willie, Madera buy and sell its timber in U. S. A dollars. On payday, U.S.A dollars are transfered to Brazil banks (wire transfer) to be trades into current value Brazil money. Madera pays the Brazil Gov in U. S. A dollars for every log they cut. They are not going to go broke doing this any time soon. There is no problem with this company, it is a exporter of Brazil raw material. The devalued Brazil money will never hurt this company as long as they do not keep -all- Madera company money in a Brazil bank account or ask for a loan from the same bank in Brazil. Madera does not suffer from a lack of demand for its wood product. This is a great + for the company..

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