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AZFL does not currently pay a dividend.
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Amazonas Florestal, Ltd, a company established in 2008 and headquartered in Miami, Florida, is primarily engaged in the management and operation of timberland. Known as Ecologic Systems, Inc. prior to its name change in 2012, the firm currently operates as a subsidiary of Peartrack Security Systems, Inc.
Miami, FL, Oct. 18, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Amazonas Florestal, Ltd. (OTC:AZFL) Management announced today that the Company has posted its 3rd quarter financial reports and disclosures—showing consolidated revenues of $4.885 Million that derived primarily from the operations of its recently acquired subsidiaries Gamma Engineers and Innova Consulting. The two Colombian companies have displayed tremendous efficiency and growth potential while transitioning to the surging cannabis space with customers throughout Colombia. Innova has projected positive revenues from operations of more than $8 Million for its fiscal 2021 operations.
Miami, FL, Sept. 16, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Amazonas Florestal, Ltd. (OTC: AZFL) announced today that the Company has signed an MOU with Botánica de la Sierra, a fully licensed Colombian grower. The companies are now set to organize a new division of AZFL dedicated to growing, manufacturing and distribution of high CBD and Medical Marijuana products. Botánica is a Colombian company that operates 5 cannabis related licenses in Santa Marta, province of Magdalena. They are growers of several hemp genetics with a 212-acre farm, and a separate 84-acre farm fully equipped with greenhouses for medical marijuana plant development where they grow new promising Colombian genetics containing high levels of cannabinoids.
Miami, FL, Sept. 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Amazonas Florestal, Ltd. (OTC: AZFL) Management announced the formation of a new strategic alliance with Stilbon Corp. effective today, as the two companies agreed to terms on a Memorandum of Understanding (MOU).
Miami, FL, July 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Amazonas Florestal, Ltd. (OTC:AZFL) Management has confirmed the acquisition of Innova Consulting Group and Gamma Engineers & Consultants. Both of these companies are now owned by AZFL under the terms of the acquisition agreements executed this week by Chairman/CEO Ricardo Cortez and the owners of both companies.
Miami, FL, June 30, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Amazonas Florestal Ltd. (OTC: AZFL) management announced today that after extensive negotiations, financial analysis and approval from its attorneys—Chairman Ricardo Cortez, effective June 21st, 2021, has executed memorandums of understanding with two companies that will be wholly acquired by Amazonas Florestal. The agreements involving capital and stocks are currently being drafted by AZFL's attorneys.