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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?


To: Angusb who wrote (4513)9/9/1998 10:18:00 PM
From: zonkie  Read Replies (1) | Respond to of 26163
 
Angusb, Absolutely no such agreement has been posted on this thread that says anything about AZNT having any exclusive rights to export anything from Brazil. There is one of the lesser reliable posters (who has been proven wrong time after time in many of his contentions) that is making an unsubstantiated claim about a document which he/she has chosen not to post here. Ask yourself why. If AZNT had such an agreement with Brazil they wouldn't be a little start-up company trying to sell fungus and shrubs, they would be a big importing company.

The following is from-- edgaronline.com which is the last audited report from the company and tells how they get their herbs out of Brazil.

>>>The Company acquires its plants from Amazon Natural Treasures Commercial Importadora Exportadora LTDA ("ANTCIE"), a Brazilian corporation which is ownedby Michael Sylver, the Company's President; Rocque Pucci, the Company's VicePresident; 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 a wholly 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.<<<

zonkie.....