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Microcap & Penny Stocks : Madera International - Symbol WOOD

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To: John T. Hardee who wrote (1494)3/25/1999 10:24:00 PM
From: David T. Groves  Read Replies (1) of 1979
 
The feeling I got John, was that Madera had loaded three vessels in Peru to complete lumber shipments, but these weren't the only shipments. Just the final ones.

I noticed the RE-manufactured, and wondered if Madera hadn't gone ahead with their plans of buying the plywood and furniture facilities.

I had seen talk on one of the threads of a $10 million loan and shrugged it off at the time, but some of us were speculating that $10 million could buy the facilities they wanted (and perhaps a processing lab?).

We were also discussing the fact that they would have to dry the wood better for furniture moldings, and I see that drying, "inventory level of stock being dried and re-manufactured for shipment this coming quarter, of any April on record", is mentioned. Have you ever seen that before?

I think we are going to see a lot of news releases in the next couple weeks on done deals, culminating with the completion of the land deal.

What a good time we will have. GO Wood
Dave
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