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

To: David T. Groves who wrote (1655)	4/12/1999 1:54:00 PM
From: Mariah Smyth	Read Replies (1) \| Respond to of 1979

WOOD Site is open - per PR

To: David T. Groves who wrote (1655)	4/12/1999 4:43:00 PM
From: STKMN99	Respond to of 1979

WOOD MADE A LATE MOVE TODAY ,TOMMOROW IS DUE OR DIE,SHORT TERM THAT IS,LONG TERM WOOD CAN DOUBLE OR TRIPLE ITS FIRST QUATER EARNINGS FROM SITE.POSSIBLY A LOT MORE IF EVERY THING GOES RIGHT.FORGET ABOUT LAND DEAL RIGHT NOW ,JUST STICK WITH SITE AS IT IS EASIER TO KEEP AN EYE ON WITH SILICON INVESTERS CHECKING OUT ALL THE NEW THINGS ABOUT WEB SITE. FRIENDS HAVE PUT IN 3 ORDERS SO FAR,NOW LETS SEE HOW LONG SHIPPING IS GOING TO TAKE ...BUT GOOD LUCK TOMMOROW AND IN THE FUTURE FOR WOOD ......STKMN99

To: David T. Groves who wrote (1655)	4/13/1999 9:45:00 AM
From: tonto	Read Replies (2) \| Respond to of 1979

Dave, what type of companies would be potential buyers of this property? Why would they buy it? How will they generate $$$ to justify such a huge investment? It appears you have done extensive research on this to be able to come up with your numbers and would appreciate knowing more. Thanks. We have the LAND SALE getting closer every day, which will greatly effect the fundamentals. Taking 20% off the asking price and deducting realtor's fees and Capital gains taxes, I expect the company to clear $60 million on the deal. Add $38 million that the remaining land in Brazil and Peru( 251,000 acres, 392 sq, miles, a square 19.8 miles on a side!) should be worth, and $10 million for the sawmill, inventory, and other assets and we see the company's assets at $ 108 million. $1.33 BOOK VALUE, $.74 OF IT CASH.

To: David T. Groves who wrote (1655)	4/15/1999 5:44:00 PM
From: Telemarker	Read Replies (2) \| Respond to of 1979

Hello David. I too feel that the prospects for WOOD look exceptional. I like the business, the web site (and it's reasonable prices), the concept of helping the tribes, and most of all the balance sheet. After trading in and out of the stock in December, I'm back for another look. I have one question about a matter that troubles me concerning the capital structure of WOOD. As you appear to have done a great amount of DD, I'm directing the question to you, but would appreciate everyone else's input also. Note J of the latest 10Q filing discussed $2,400,000 of Convertible Series D Preferred stock presently held by Mr. Fernandez-Moris. The note describes the "floating" conversion feature, which appears to enable Mr. Fernandez-Moris to convert this Preferred stock into a number of common shares so as to give him 51% of the outstanding common shares at the time of conversion. Could you please give me your views as to the effects upon the public common shareholders if Mr. Fernandez-Moris were to exercise this conversion option? What would happen to the book value of presently outstanding shares upon such a conversion? If the company were to be sold, how would conversion effect the proceeds received by present common shareholders? Obviously, the effects of conversion don't look pretty to me as a prospective common stockholder (I'm not just trying to lay out "loaded" questions). I would like some help in evaluating this matter, as it presently is the only matter which prevents me form taking a long term position in WOOD at this time. Thanks in advance for you help. Best Regards.