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Microcap & Penny Stocks : Madera Int. (WOOD) -- Ignore unavailable to you. Want to Upgrade?

To: Janice Shell who wrote (3237)	1/10/1999 6:17:00 PM
From: mahnaz mirfatahi	Respond to of 3693

Good article to read cgi.pathfinder.com

To: Janice Shell who wrote (3237)	1/10/1999 6:32:00 PM
From: MoneyBaggs	Read Replies (1) \| Respond to of 3693

I find this PR particularly amusing, considering the fact that all board members are in the same family: Monday December 7, 3:31 pm Eastern Time Company Press Release SOURCE: Madera International, Inc. Madera Announces Management Restructuring CORAL GABLES, Fla., Dec. 7 /PRNewswire/ -- Madera International, Inc. (OTC Bulletin Board: WOOD - news) announces today that it has restructured its management team and realigned the responsibilities of its executive staff. At a recent Board meeting Ramiro ''Ray'' Fernandez was elected Chairman of the Board, Romano Fernandez was elected President and COO and Regina Fernandez was named to the Board of Directors. Ramiro Fernandez-Moris, Madera CEO, stated ''It is important that the management infrastructure is in place to continue to develop and manage the growth we see in Madera's future. The appointments announced today will ensure that the management team is in place to handle the growth we see ahead.'' Madera plans to announce a shareholders meeting following the release of its December 1998 10QSB. The shareholders meeting will provide shareholders with the opportunity to meet all members of the newly restructured operating team. It was also indicated, that at the shareholders meeting, an outside director will be proposed for election to the Board. Madera is a wood products company involved in the environmentally sound harvesting of hardwood and exploration of the products derived there from their properties in Brazil and Peru. For further information, please contact Raymond Bary at the NIBAR Group at 415-437-4857 Kinda gives new meaning to the phrase: Who's your DADDY?