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AZFL Amazonas Florestal Ltd (CE)

0.000001
0.00 (0.00%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Amazonas Florestal Ltd (CE) USOTC:AZFL OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.000001 0.000001 0.000001 11,722,903 00:00:00

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09/02/2015 12:00pm

InvestorsHub NewsWire


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Elite Pharmaceutical, Inc. (OTCQB: ELTP) is a pharmaceutical company developing a pipeline of pharmacological abuse-deterrent opioid products. Elite specializes in oral sustained and controlled release drug products with high barriers to entry. Elite has eight commercial products currently being sold, eleven additional approved products pending manufacturing site transfer and two additional products under review pending approval by the FDA.

ELTP announced the first shipments of generic Isradipine 2.5 mg and 5.0 mg capsules. Isradipine is a calcium channel blocker prescribed for hypertension. Annual U.S. sales for immediate release Isradipine 2.5 mg and 5.0 mg capsules are approximately $5.5 million for the twelve months ending June 30, 2014 according to IMS Health Data.

Fannie Mae (OTCQB: FNMA) is a publicly traded company that was chartered by Congress in 1938 to support liquidity, stability and affordability in the secondary mortgage market, where existing mortgage-related assets are purchased and sold.

Currently FNMA is required to relinquish 100% of its profits to the US Treasury as a consequence of the financial bailout it received. There have been many ongoing lawsuits in an attempt to change that government mandate and return profits to the company.

Amazonas Florestal Ltd. (OTCBB: AZFL) is a natural resources company. The company manages its large tracts of land in the rainforests of Amazonas, Brazil. This land, which has been in the families of management and shareholders for over fifty years, consists of more than 114,108 acres of virgin rainforest and has an appraised value of over US$30 million.

The company expects its Brazilian operations to begin shipping substantially in 2015, capitalizing on recent market price increases in most of the flooring, decking and sleeper products that Amazonas is focused on manufacturing. AZFL says its Hemp subsidiary in Colorado is taking shape and profitable revenue in 2015 seems to be very good probability.

MyECheck, Inc. (OTCBB: MYEC) is an electronic payment technology developer and payment services provider. This patented payment method is a fast, secure and cost effective method of processing payments. It works with the most people, businesses and entities.

MYEC has signed an agreement to acquire 100% of the stock of Seergate, developer of a comprehensive electronic payment software platform for banks, in exchange for a minimum $3 M in shares of MyECheck common stock.  The Seergate system will be integrated with the MyECheck payment systems adding multiple new capabilities to MyECheck's payment platform.

The company has increased its authorized share volume from 2.5 billion to 3.5 billion shares. The company, in a letter to shareholders, explains the need for additional shares is related to debt conversion.

ALLVIPALERTS employees are not registered as an Investment Adviser in any jurisdiction whatsoever. This press release is for informational purposes only and is not intended to be a recommendation to buy or sell securities in any of the companies listed here.

Source: ALLVIPALERTS
 
 

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