Amazonas Florestral, Ltd (OTCMKTS: AZFL)
Closed Up 125% Today, After Announcing
Completing The Planting Of Its 2nd 100-Acre CBD Hemp Field.
AZFL (Amazonas Florestal Ltd) became one of the most closely watched OTC stock in the world today after releasing major news that built heightened interest that saw over 532 million shares traded and a powerful close up 125% from $.0004 to $.0009! This movement has sparked heightened interest in this stock among traders, especially considering that their last known official share structure count from 5/1/17 shows this company with only 504,606,084 outstanding shares.
Naturally with the sort of volume that it saw today, it is more than likely that this number has significantly increased since the start of last month but regardless it still managed to perform tremendously today, either way.
Today's heightened excitement came after the company released news announcing that their wholly-owned subsidiary, Amazon Hemp Ltd, had completed the planting of its second 100-acre CBD Hemp field in Weld County, Colorado. With this planting completed, they now have seeded 200 acres of farmland that the company has leased. Amazonas Chairman Ricardo Cortez, stated that the company will now be looking to move forward with purchasing a property these two fields to securely store, dry, and process their harvests. The company intends to close on a property very soon during this month of June 2017 and when completed, will begin purchasing construction and lab equipment in July, in effort to begin receiving and processing dry flower in October.
Todd Ellison, one of the principles at 303 Farms, contracted by the Company to perform all of the ground work from seed to market, stated that, “the next couple of weeks should show a complete sprouting in both fields where a better evaluation can then be taken, but we expect 98-99% effectiveness in these seeds and in the manner in which they were planted."
While this was incredible news, the updates didn't end with just word of the above but also further word from Chairman Cortez stating that, Amazona's accountants have completed and filed the March 31st, 2017 Quarterly Report. This information ties into our excitement about AZFL being a Pink Sheets Current stock because we always tend to gravitate toward companies that report some sort of financial information because transparency always brings a bit more strength, as well as greater resolve among traders that have grown weary of the many non-reporting companies trading on the OTC because non-reporting stocks tend to be the ones with the most to hide.
With all of that said the general premise behind Amazona, is that it is is a natural resources company dedicated to land management in the rainforests of Amazonas, Brazil, that includes the certification and sale of carbon credits and the growth, harvesting, research and development of Industrial Hemp and related products in the U.S. In the past we have had incredible success with natural resource companies and also hemp and marijuana related stock picks, so we are very happy to have brought another one of these major plays to your attention, especially one that is beginning to garner so much attention trading at such a low level.
While AZFL was not a prior pick of ours before this special announcement about the major movement that it saw today, we do want to make it known that this company is a major contender for future growth with the only major things to be careful with currently, that we see, being the fact that their planned property purchase for storage capability and purchase of equipment, will be costly and could potentially mean dilution for shareholders, which we already may be seeing, considering that there were over 532 million shares traded today, while the last known share structure tally on 5/1/17 actually shows a total number less than that. Regardless, we will be having a lot of new picks released through our own platform in the coming days, often seeing at least one new major new pick every week! The best of our special alerts are released to our Platinum Membership Subscribers, before they are shown to anyone else.
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