what do they mean?---"only Brazilian corporations can export or import products from Brazil"----whoever wrote this must not have known AZNT has an exclusive export license with the government!!!
The Company acquires its plants from Amazon Natural Treasures Commercial Importadora Exportadora LTDA ("ANTCIE"), a Brazilian corporation which is owned by Michael Sylver, the Company's President; Rocque Pucci, the Company's Vice President; Rudine Borgato, the Company's Brazilian Counsel; and, Carlos Franco. The transactions between the Company and ANTCIE are more favorable to the Company than can be obtained from independent third parties. ANTCIE acquires its plants from Brazilian Indians who gather the same in the Brazilian Rain Forest where the plants grow wild or from Brazilian plantations where specific plants are grown. ANTCIE is a Brazilian corporation formed for the purpose of transacting business in Brazil. Under Brazilian law, only Brazilian corporations can export or import products from Brazil. Because of the complicated nature of the laws in Brazil, it was expeditious for the Company to have individual shareholders for ANTCIE rather than incorporating ANTCIE as awholly owned subsidiary of the Company. No fees or compensation are paid to ANTCIE for transacting business in Brazil on behalf of the Company. The Company only reimburses ANTCIE for its out-of-pocket expenses. The Company also acquires semi-processed products through ANTCIE from Indian Coboclos and finished products from third party manufacturers. In the case of the finished products, independent manufacturers are contracted to produce a finished product specifically formulated for use by the Company. Some formulas for types of products (in pill or tea form) have been developed and are owned by Dr. Lorrichio who is the Chairman of the Board of Directors of the Company. Dr. Loricchio has granted a license to the Company to manufacture and sell the Products. There are no patents for the formulas and the same are considered proprietary trade secrets. The Company and Dr. Lorrichio have executed an agreement which prohibits the divulgence of the formulas for the products. In the event that the formulas are released to the public, such action could have an adverse impact upon the financial development of the Company in that third parties would be able to manufacture the pills and teas, subject to acquiring plants from Brazil.Importing and Manufacturing After the plants are acquired by ANTCIE, they are crushed, sterilized and
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