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Microcap & Penny Stocks : Madera International - Symbol WOOD -- Ignore unavailable to you. Want to Upgrade?

To: Janice Shell who wrote (942)	1/27/1999 12:34:00 PM
From: James E Lynch	Respond to of 1979

Wednesday, January 27, 1999 12:18 PM CORAL GABLES, Fla., Jan. 27 /PRNewswire/ -- Madera International, Inc. (OTC Bulletin Board: WOOD) announced today that the company has received many inquiries from shareholders concerned that the company is selling off the full extent of the company-owned timberland assets in Brazil. Management states that the company has no intention of selling the company-owned timber producing property in the State of Amazonas in Brazil which accounts for 25% of its total land holdings. These properties that are incorporated into a company-owned and government approved Forest Management Program since 1994 are not for sale. The company is, however, active today in the sale of land as well as the sale of wood products, as outlined in its fully-owned subsidiary's website www.ownatree.com. Ramiro Fernandez-Moris, CEO of WOOD, stated that the sale of all dormant land not used for timber harvesting by the company to organizations interested primarily in its preservation will allow the company to better achieve its industrial growth projects while at the same time continuing to preserve large tracts of virgin timberland properties, positively accomplishing the goals of our subsidiary in its environmental protection of efforts. Madera is a wood products company involved in the environmentally sound harvesting of hardwood and exportation of the products derived from Brazil and Peru into the U.S. and Caribbean markets. These operations are outlined in the company's new website, www.maderaintl.com. Madera's fully-owned subsidiary, Madera International Environmental, Inc. is active in a stewardship position in several programs dedicated to Helping To Preserve the Rainforest. These programs are described in the subsidiary's website at www.ownatree.com. For further information, please contact Raymond Bary at the NIBAR Group at 415-439-4857. SOURCE Madera International, Inc. CONTACT: Raymond Bary of NIBAR Group, 415-439-4857 for Madera International, Inc. 1999, PR Newswire ----------------------------------------------------------- This article is produced by Quicken.com, the objective source for making the most of your money. Visit quicken.com the next time you need financial news, stock quotes, portfolio services, or information about taxes, mortgages, and insurance.

To: Janice Shell who wrote (942)	1/27/1999 12:35:00 PM
From: Proletariat	Respond to of 1979

Important announcement by Madera just received in my e mail regarding land sale clarification!!!!!!

To: Janice Shell who wrote (942)	1/27/1999 5:32:00 PM
From: David T. Groves	Respond to of 1979

Janice, nobody said the land tripled in value. Where did you see that? The ASKING price was triple the conservative accounting valuation. When the land sells, then the value will be established. So don't be perplexed. The next entity can then put it down in it's books for that value, perhaps to be sold years down the line at a higher price. But again, let's say they didn't sell the land. Is it worth $40 an acre? here's what someone earlier on the thread came up with: How much is a acre worth in the Amazon rainforest per year. Cattle operations = $60 per acre per year Timber harvest = $400 per acre per year If all resources were harvested = $2,400 per acre Information gathered @ rain-tree.com Now I grant you Janice, that Raintree is not the greatest source, but it should give us an idea that the property in question is PROBABLY worth more than $40 an acre. Even in Brazil. I have tried to find a better source but have been unable to today online. At this moment in time this company sells all the lumber it can produce in their two mills to 4 customers. There are eight more customers that will take any leftover. The lumber is not sold in Reals, but $ here in the US, and the appropiate currency in Europe, The logs they buy to make the lumber are bought in Reals. They have very low debt. Lumber is not kitty litter and this company has not misrepresented the fact that they sell it. There IS a lumber shortage in the U.S. and the woods that they supply are in demand. Do you think Brazil will get out of their problems stopping business? Again I ask you where is the risk? Why are you here? If they were selling somebody else's books, and losing lots of money, and share price at 100x book value, with a capitalization larger than the whole publishing industry, and a lot of competition, I would expect to see you. Do you post at Amazon.com? These hard working people actually produce something, are making money at it, shares are selling at less than half of book value, and the customers will take all that they can produce. They have a plan on how they can produce more, they have a plan on how to expand into another lucrative field that they are uniquely placed to do. They have shipping problems, but are working to overcome them also. Come on Janice, you are not Topfuel, do you see anything in this small emerging company that you like? Have you done your Due Diligence? Or is every BB company EVIL? There must be somewhere that needs your help more? Or perhaps you might buy a few shares? Dave

To: Janice Shell who wrote (942)	1/28/1999 9:10:00 AM
From: Larry Gene Ludiker	Read Replies (2) \| Respond to of 1979

JANICE SHELL I have often wondered about the motives of Janice and if you will read the story about her you will understand some of them. The problem I have is attacking a company that is not a scam or is running a legitimate business, including reports to the SEC. I feel that more DD needs to be done before bashing a company and if through this DD it is discovered that there is definitely fraud or false reporting then I am sure everyone would like to know, however if you continue to attack an innocent company you can do irreparable damage and that is just not right. Please don't destroy the investors of Wood just to get some personal satisfaction. pathfinder.com Larry Ludiker