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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: tonto who wrote (4255)9/8/1998 11:04:00 AM
From: jhild  Read Replies (2) of 26163
 
Well there may have been no need to list the assets in their filings, if you remember all the little companies involved here. The land for instance could really be on the books of their Brazilian manufacturing arm, ABRACEL INDUSTRIA E COMERCIO, LTDA, in Sao Paulo, Brazil, or ABRACEL, LTD. USA or Loripar for that matter. AZNT would only need report the cost of the goods imported from ABRACEL in Brazil.

Since the Loricchio's and Michael Sylver are personal shareholders in these enterprises, a bigger concern to the stockholders I would think would be how those transfer costs are determined. For someone that doesn't pay their bills, this could be a mighty temptation to tap into this revenue stream, if it ever gets to be real money.
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