To: David Sirk who wrote (178 ) 4/15/1999 9:44:00 PM From: Jacalyn Deaner Respond to of 4828
This was on Bobz: AQCI: My disclaimer: This is the exact information I received from Aquatic Cellulose Int. on aprox. 3/26/99 contained in a investor package, by my request. I make absolutely NO guarantees as to the informations accuracy. And yes, I do hold a long position in AQCI. SITUATION PROFILE AQUATIC CELLULOSE INTERNATIONAL CORP. NASD OTC "AQCI" Highlights * Has exclusive right to underwater timber harvesting system that cuts and retrieves inundated (flooded) standing timber from a fullly automated floating platform at commercially viable rates. * Supported by the National Research Council of Canada * Joint venture has been established for large Brazilian hydro project * Ability to acquire inundated timber reserves for future development Business / Technology The Company has been given exclusive rights for the use of this technology within the forest industry from President, Mr. Gary Ackles. The current production model ( the ATH- 12040), is designed to cut and retrieve standing inundated timber in dam sites around the world. It will operate in depths of up to 120 feet ( 37 meters), and grip logs up to 43 inches ( 1090mm) in diameter. The harvester is completely self-contained, incorporating a self-propelled barge, two hydraulically controlled arms, grapple/cutting heads that have been modified for the aquatic environment, proprietary vision system, real time sonar imaging, robotics and copyright software. An integrated collection and bundling system is utilized to transport recovered timber to shore. The Company now has an ATH-60, which, in addition to proving AQCI's technology under harsh operating conditions is suitable for the retrieval of pre-cut logs which have "fallen our' of log booms and sunk to the bottom of lakes and rivers. It is a fact that up to 17% of trees that has been floated to market sank the bottom during their journey to the mill, ACL has identified 310 log dumps in the pacific region alone and are aggressively evaluating these opportunities. ATH-60was able to recover timber at higher than anticipated rates last year. And ACL is very excited about getting underway with the summer program. Overview · Aquatic Cellulose International Corp. is an emerging growth stage company, which acquired a public shell company (American Natural Foods Marketing Inc. -OTC symbol (ANFM) and now trades under the symbol "AQCI". · Head office address - #301 - 3704 32nd St., Vernon, B.C., Canada Auditor - KPMG Transfer agent - Oxford Transfer and Registrar, Portland Oregon Key Facts Business: Underwater timber harvesting Listed: NASD OTC BB Symbol: AQCI Shares Issued: 19.5 million 52 week range: .75 -.03 History Mr Ackles an internationally recoozed creator of aquatic technologies, developed AQCI's "real time" under water vision/ robotics system which operates successfully in high turbidity conditions at depth. The lack of this kind of vision/robotics systems has held back large scale harvesting of submerged timber. AQCI retains exclusive rights from Mr Ackles for use of his visually enhanced robotically controlled underwater arm in the recovery of submerged timber. With the assistance of the National Research Council of Canada, and a team of specialized engineers and designers, a complete harvesting systems has been developed. Markets ACL has evaluated the world market and have documented 38000 dams and flooded timber areas from which significant portions of " lost" timber can be recovered. By securing contracts and licenses, AQCI will hold rights to these "reserves" for future development, much like other resource developers. It is also AQCI's strategic plan to form joint venture partnership to facilitate the harvesting of the underwater timber reserves and the development of appropriate land based processing and marketing infrastructure. In Brazil, ajoint venture company called ECOMAB, (see web page www.ecomab.com) has been formed between AQCI and JB Participacoes to harvest to Tucurui reservoir. JB Participacoes is a diversified Brazilian company, with over 2500 employees and annual sales of over $60 million. One of their divisions is directly involved in timber harvesting and plywood production in the Tucurui area. The Tucurui reservoir is on the Tocantins River, a tributary of the Amazon. Onsite evaluations have determined that there is enough recoverable timber for over 20 years of operation with one harvester (estimated). There are 22 species of wood in the reservoir, with finished market prices estimated at between $260/m3 and $520/m3. The gross revenue potential available to AQCI is estimated at $300 million. Products The world demand for wood is growing. The Financial Times recently estimated that there will be a 200 million meter short fall in timber by the year 2000. This shortfitll will continue to escalate as the world middle class increases and the available world timber reserves deplete as a result of massive deforestation and the environmental out cry to reduce the world forest harvest. It is comforting to note that every tree we recover from the depths is one less tree that will be harvested,from the forest. The quality of the wood is excellent as there is no natural wood parasites in fresh water and there is no oxygen to promote rot. One project in particular we are pursuing at this time is an area in the southern US where divers are recovering trees that were cut down before the beginning of the Civil War and selling them at literally $1,000's of dollars a log. In the north divers are recovering old growth trees that were cut with axes by the first settlers up to 400 years ago. In tropical regions of the world there are exciting varieties of species, Mahogany, Brazilian Rose Wood, Angeleen, Teak and Redwood to mention only a few, and some variations of nut trees that are so unique that there are laws protecting their harvest in the rain forest. All these species and unique opportunities are available to Aquatic Cellulose International Corp with their ability to robotically recover this valuable lost resource. Aquatic Cellulose International Corp. has proven their ability to retrieve timber at a commercially viable rate and are looking forward to exploiting these unique opportunities. Management Gary Ackles - Director, President Dr. Claus Wagner-Bartak - Director Mr. Ackles brings together a unique blend of aquatic engineering and management experience. Dr Wagner-Bartak is well known as the engineering mind behind NASA's space shuttle robotic arm, "Canadaarm". Contacts Contact Mr. Ackles for additional information. Phone 1-800-565-6544 Fax 1-250-558-5470 E-mail can-do@Mindlink.bc.ca Web site www.infoquick.com/aquatic.httl Mail #310 - 3704 32n' St., Vernon, B.C., Canada, VIT5N6 Click here to view LARGE graphic 1. Click here to view LARGE graphic 2. Note: the webite mentioned above (www.infoquick.com/aquatic.html) is a dead URL