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

To: Henry Volquardsen who wrote (1583)	3/30/1999 11:43:00 AM
From: Spider Valdez	Read Replies (3) \| Respond to of 1979

".....The Brazilian company would simply open an account in the US and keep the dollars there, no fuss no muss...." thanks! very good post! i will look into this . it seems to make sense. how saavy are you about this? you seem to have knowledge of such things. these are the kind of answers i was looking for. it was constructive & pro-madera, meaning, is this, in your opinion how madera handles their finances? thanks again. spider

To: Henry Volquardsen who wrote (1583)	3/30/1999 11:51:00 AM
From: Metacomet	Read Replies (1) \| Respond to of 1979

I do have concerns regarding the proposed land sale. Are there special requirements in Brazil regarding who can own land in fee title? Can Madera convey clear title to the land? What constraints attach to the land that would affect it's market value? My hunch is that the land sale is a very complex and low probability event for WOOD. On the other hand, the dollar/real cross would seem to be a multiplier for Maderas profits. Maybe you can't use domestic measures to quantify how well they are doing if each dollar earned has expanded value in their operational region.