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Amazonas Florestal Ltd (AZFL) is on the comeback path since discovering sturdy assist and headwinds now trying northbound as legions of latest shareholders soar on board. The inventory is getting seen by some fairly heavy hitter penny inventory gamers with shares traded frequently shifting into the billions. AZFL is rapidly rising as an traders favourite and is at the moment among the many most actively searched and talked about shares in small caps. AZFL is trying to blaze a path alongside the likes of Enzolytics or Tesoro and escape into an entire new dimension – Tesoro went to multi {dollars} – a break over $0.0088 and its blue skies forward.
There’s a lot to get enthusiastic about on AZFL who has been doing the whole lot proper in latest months together with getting its filings updated and up itemizing to “pink present” AZFL is getting seen by traders because the Firm’s new administration crew, extremely linked in Mexico and Colombia is making huge strikes. AZFL can also be constructing out its Hemp Oil Extraction facility in South Florida. Presently approx. 60% of the venture has been accomplished. The Firm is awaiting closing county allow approvals. When accomplished the Lab will change into the biggest Hemp Oil processor in South Florida with a capability to bill upwards of $35M in its first yr of operations. In Mexico, administration lately employed consultants which can be finishing functions and enterprise plans that may license AZFL to import and distribute Premium CBD and Delta-8 merchandise in that nation. In Colombia AZFL lately signed intention paperwork to construct a second cannabinoid extraction lab with T-Sep and Delta-8 Conversion capabilities within the nation of Colombia. AZFL has additionally simply executed memorandums of understanding with two corporations in Colombia that might be wholly acquired by Amazonas Florestal.
AZFL (Amazonas Florestal Ltd.) working out of South, Florida mission is to change into a pacesetter in discipline of Cannabinoid Extractions serving labs that use these chemical compounds as a uncooked materials for human and animal well being and sweetness merchandise. The Firm is at the moment constructing out its Hemp Oil Extraction facility in South Florida devoted to the manufacturing of premium bulk cannabinoid extractions derived from Hemp and merchandise that use these extractions as an lively ingredient for Well being and Wellness merchandise. Like most otc AZFL has a checkered previous and as soon as can examine it here. AZFL has created a brand new wholly owned subsidiary; Inexperienced America Labs “GAL” to deal with the Firm’s new Hemp Oil Extraction facility in South Florida. GAL is targeted on changing into the primary main processor of Hemp Biomass in South Florida. GAL plans to function essentially the most superior extraction tools made as we speak in a sterile lab setting to course of premium concentrations of THC Free Cannabinoids and Terpenes which can be offered in bulk portions to labs and model confectioners that should not have extraction functionality and require concentrates of authorized cannabinoids of their formulation. Inexperienced America GAL will carry Concentrated Bulk Extracts and Highest High quality Premium THC-Free Excessive CBD Hemp Bulk Concentrates, Crude Oil, T-Free Distillates and 99.9% and Pure Crystalized Isolates to the Florida and Latin American Markets. Preliminary merchandise will embody Excessive CBD Concentrated Crude Oil Extract (60%-65%), GAL Premier T-Free Excessive CBD Distillate (80%-85%) and T-Free Purified/Sterile Isolate (99.9% CBD Powder)
The brand new Hemp Oil extraction lab in South Florida is likely one of the first of its form this far south with standardized working procedures to provide bulk T-Free concentrates for the Florida and Latin American Markets with an anticipated launch date of Mayb 15, 2021 as Microcapdaily previously reported. Inexperienced America Laboratories has already secured a facility in NW Miami-Dade County the place the corporate might be constructing a top-of-the-line Hemp derived merchandise lab. GAL has chosen and ordered a brand new lab configuration with tools manufactured by Precision Extraction Options of Troy, Michigan. Precision, extensively thought of the most effective USA producer of solvent based mostly cannabinoid extraction tools, was based by Mr. Nick Tennant, world famend because the USA’s Extraction Guru. GAL has employed architects and engineers to design the lab structure underneath the technical route of Mr. Grim Leadingham of WKU Consulting. Mr. Leadingham and his crew are accredited with 100% effectiveness within the enterprise, having helped constructed a number of the largest bulk concentrates laboratories on the west coast and with an ideal 9 for 9 file in labs constructed and labs working efficiently. GAL’s standardized working procedures goal to provide bulk T-Free concentrates and premium T-Free distillates for the rising Florida and Latin American Markets.
The Firm’s subsidiary Inexperienced America Laboratories is tough at work to finish its facility that may change into South Florida’s first main Industrial Hemp processor and bulk cannabinoid extractor. The GAL facility, situated in Northwest Miami-Dade County has been secured, the allow functions and proposed constructing plans have been submitted and are at the moment being reviewed by the Miami-Dade County Constructing and Planning Division. Administration has additionally signed agreements with a Normal Contractor and expects swift approval of those permits as a way to start the buildout section. Presently approx. 60% of the venture has been accomplished. The Firm is awaiting closing county allow approvals. When accomplished the Lab will change into the biggest Hemp Oil processor in South Florida with a capability to bill upwards of $35M in its first yr of operations.
https://twitter.com/OnlyCrownKing/standing/1408455342959202307
My guess is $AZFL is accumulating their 500m share buyback now whereas shares are low-cost. To many catalysts incoming to maintain this down.
— Matt (@Gringo_Matt) June 29, 2021
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The up to date q3 filing reveals a wholesome steadiness sheet with manageable debt and vital land holdings together with 64,000 acres of rain forest in Brazil, one other 150 acres or so in Santa Cruz, Brazil and 100 acres in Frederick, Colorado the place they beforehand planted Hemp; sadly, the thc content material was too excessive they usually needed to abandon the harvest. On their books they checklist their land holdings as: Central Borba – $598,919, Earth Go $2,702,715, 303 Farms LLC $666,115, Colorado Farms 1,073,980. Additionally they checklist a $120,000 funding in a Peru Lumber Farm.
Earlier this yr AZFL accomplished and posted all of its pending OTC Markets Disclosures and Monetary Studies. OTC Markets has acknowledged publication of all the pending Quarterly and Annual Studies starting with the 2018 Annual Report and thru the 2020 Annual Report and AZFL is as soon as once more in good standing listed as “pink present” on OTC Markets. Share buyback – Firm administrators and traders have additionally instructed administration to proceed to arrange a inventory buyback program, via which the corporate intends to purchase again roughly 500 million shares inside the subsequent 60 days.
Administration is at the moment working diligently with employed accountants to finish a PCAOB audit of its information that ought to be accomplished within the month of July 2021. The completion of the PCAOB audit is the ultimate requirement for the corporate to change into eligible for funding amenities that will serve to fund firm enterprise plans in Latin America. Additionally final week the DTC (Depository Belief Firm) registered and permitted Amazonas Florestal Ltd. for DWAC/FAST digital deposit and switch of its shares. In addition to Floriday, AZFL is making huge strikes in Colombia and Mexico, administration is continuing with changing into part of PROCANNACOL (Asociacion Professional Hashish de Colombia) in Colombia and AMMC (Asociación Mexicana de Medicina Canabinoide) in Mexico. Being a member of those two associations will permit the corporate entry to do enterprise with all current and future licensees within the manufacturing and distribution of hashish merchandise in these nations.
AZFL’s worldwide enterprise negotiations have additionally had appreciable advances to date this second quarter. The Firm has signed intention paperwork to construct a second cannabinoid extraction lab with T-Sep and Delta-8 Conversion capabilities within the nation of Colombia. Operators there have employed attorneys and auditors that might be effectuating due diligence on a variety of potential hashish licensees with the intention of buying a license to fabricate and distribute excessive CBD and Medical Hashish merchandise.
Administration additionally lately employed consultants in Mexico which can be finishing functions and enterprise plans that may license AZFL to import and distribute Premium CBD and Delta-8 merchandise in that nation. Mexico has a inhabitants of virtually 130 million and solely lately has enacted legal guidelines just like Canada legalizing medical makes use of for marijuana and can quickly observe course to legalize Marijuana recreationally. Chairman/CEO Ricardo Cortez will journey to Mexico once more subsequent week to signal papers finishing the registrations of the brand new enterprise entity named Inexperienced Leaf Mexico—that may also change into a subsidiary of Amazonas Florestal Ltd. this quarter. The Firm can also be trying to checklist its shares on BIVA—the Mexican Inventory Trade.
On June 30 AZFL reported after intensive negotiations, monetary evaluation and approval from its attorneys—Chairman Ricardo Cortez, efficient June twenty first, 2021, has executed memorandums of understanding with two corporations that might be wholly acquired by Amazonas Florestal. The agreements involving capital and shares are at the moment being drafted by AZFL’s attorneys.
Innova Consulting Group (www.innovacg.com.co) and Gamma Engineers & Consultants are each non-public corporations headquartered in Colombia. Innova operates within the Info Expertise and Options sector, centered on creating packages and software program for the hashish trade. Gamma is an Engineering and Design agency that focuses on hashish cultivation and processing amenities, primarily working in hemp develop room design.
Amazonas Florestal’s CEO Ricardo Cortez said: “We’ve been evaluating the acquisition of those corporations for a while now—I couldn’t be happier with our administration crew’s due diligence and Amazonas’ presence within the nation of Colombia. Innova’s involvement in hashish analysis and improvement, coupled with their accounting, testing and stock software program options will significantly advance Amazonas’ imaginative and prescient to changing into a giant participant within the hashish house. Then again, we’ve got all the time envisioned this firm changing into totally vertical, and Gamma brings us a lot nearer to our aim with their experience in business develop room design. We’re assured they might help us maximize our potential in hemp cultivation and processing as Amazonas shifts its focus to hemp-derived concentrates and isolates, beginning with the opening of our first extraction facility in Miami, FL within the coming months.”
$AZFL Golden Cross on hourly by closing hour of as we speak or tomorrow
It is going to go ! pic.twitter.com/feEHQgOfAk
— 🍁🇨🇦 Raji Wahidy 🇵🇸🍁 (@MentalHealthVR) July 1, 2021
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Amazonas Florestal Ltd (AZFL) is on the comeback path since discovering sturdy assist and headwinds now trying northbound as legions of latest shareholders soar on board. The inventory is getting seen by some fairly heavy hitter penny inventory gamers with shares traded frequently shifting into the billions. AZFL is rapidly rising as an traders favourite and is at the moment among the many most actively searched and talked about shares in small caps. AZFL is trying to blaze a path alongside the likes of Enzolytics or Tesoro and escape into an entire new dimension – Tesoro went to multi {dollars} – a break over $0.0088 and its blue skies forward. There’s a lot to get enthusiastic about on AZFL who has been doing the whole lot proper in latest months together with getting its filings updated and up itemizing to “pink present” AZFL is getting seen by traders because the Firm’s new administration crew, extremely linked in Mexico and Colombia is making huge strikes. AZFL can also be constructing out its Hemp Oil Extraction facility in South Florida. Presently approx. 60% of the venture has been accomplished. The Firm is awaiting closing county allow approvals. When accomplished the Lab will change into the biggest Hemp Oil processor in South Florida with a capability to bill upwards of $35M in its first yr of operations. In Mexico, administration lately employed consultants which can be finishing functions and enterprise plans that may license AZFL to import and distribute Premium CBD and Delta-8 merchandise in that nation. In Colombia AZFL lately signed intention paperwork to construct a second cannabinoid extraction lab with T-Sep and Delta-8 Conversion capabilities within the nation of Colombia. AZFL has additionally simply executed memorandums of understanding with two corporations in Colombia that might be wholly acquired by Amazonas Florestal. We might be updating on AZFL when extra particulars emerge so ensure you are subscribed to Microcapdaily so what’s happening with AZFL.
Disclosure: we maintain no place in AZFL both lengthy or brief and we’ve got not been compensated for this text.
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