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AMAZONAS FLORESTAL COM USD0.001 (OTCMKTS:AZFL) Set To Fly Higher

AMAZONAS FLORESTAL COM USD0.001 (OTCMKTS:AZFL) Set To Fly Higher
Written by
Jarrod Wesson
Published on
September 13, 2017
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We are following up again on AMAZONAS FLORESTAL COM USD0.001 (OTCMKTS: AZFL), the natural resources company.Our last article named "We AMAZONAS FLORESTAL COM USD0.001 (OTCMKTS:AZFL) Running Up The Charts", which was published on August 22, 2017, noted the good business decisions that the company was making. We mentioned that the company should be followed closely. We were not wrong in saying so. The share price has gone from $0.0018 to $0.0063 after we published our last report. A 250% return, which is not bad.Have a look at the astonishing share price action: 1 month chart for AZFLWhat's new?The marked seems to be reacting to the release of the second quarter earnings and most significantly to the announcement of a new 10.5 Acre Property in Weld County, Colorado. We will provide all the details in this article.Recent DevelopmentsLet's first of all revisit the company's business model. AZFL is a forest company, created in 2010 with offices in Miami, Florida. The most significant operations are in the Brazil Amazon, where the company owns large tracts of land. In our reports, we have been talking mostly about another significant activity, the growing of CBD Hemp in Weld County, Colorado.On August 23, 2017, the company released that the second 10-Q was ready. Additionally, it was noted that Amazon Hemp Ltd., which is a wholly-owned subsidiary of AZFL, is ready to commence operations at Fort Lupton in Weld County, Colorado in September. Furthermore, the press release also included that Amazon's facility has 11,000 square feet of storage, a kitchen, and products laboratory.Regarding the Hemp plantation, the company noted that the project is at 85% completion. Peter W. Stebbins, Chief Executive Officer of Amazonas Florestal Ltd., was quoted:

"Our staff, both in Miami and Colorado, are very happy with the manner in which the Hemp business is developing in Colorado as with the general acceptance that our target accounts have demonstrated thus far on both our CBD products as with the wood products being offered out of northern Brazil. We have a team going to Manaus next month that will also set the ground work to renew our carbon studies. These will determine how many carbon credits will be available to market from company controlled lands on 20 and 25 year projects." Source

We, like the market, appreciated the news, as it shows that the company is seriously growing at a high pace. Please go back to the stock chart that we included in the beginning and note that the amount of shares that exchanged hands on August 23, 2017 was around 600 million. This is an astonishing figure and the highest volume in one month.On September 5, 2017, the company noted new information, which we believe was an even more significant announcement; a new 10.5 Acre Property in Weld County, Colorado, had been secured by AZFL. According to the press release, the new location will be used to store the full amount of CBD Flower that Amazon Hemp expects to yield from the 2 x 100 acre fields that will be harvested this month.Additionally, the equipment and machinery that has been acquired for production of crude CBD Oil, Distillate and Islets will be placed in this new property.Furthermore, it was noted that the new products laboratory projected for early 2018 is expected to occupy this new location. Once again, we see that the company is growing and has quite ambitious plans for the near future. The market tends to appreciate new locations, as they mean a potential increase in revenues and profits. Thus, the share price was pushed up.Finally, the company also noted that it is at a 98% growth of the crop in the first 100 acres plantation in Colorado. Todd Ellison, Managing Partner at 303 Farms, Company Contractors in Colorado, uttered the most interesting words:

"The harvest of these fields is a milestone. The results of 2 years planning and preparation are about to come into fruition. Everything is in line for the smooth harvest of our Marquis M-1 High CBD Hemp that has been tested and should render very positive results." Source

ConclusionCurrently trading with a market cap of $18 million, AZFL is an exciting story among small caps. Still in the pre-revenue stage, but with approximately $3.1 in Property Plant and Equipment, $4.7 million in total assets and only $3 million in total liabilities, the company seems to have gasoline to operate for a long time. We believe that the company will soon report its first plantation results, thus sales will start and the share price could jump even higher. Hence, we will be alert and keep our email subscribers well informed.Be sure to check out our coverage on AZFLWe will be updating our subscribers as soon as we know more. For the latest updates on AZFL, sign up below!Image courtesy of blyndspitr3 via FlickrDisclosure: We have no position in AZFL and have not been compensated for this article.

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