AMAZONAS FLORESTAL COM USD0.001 (OTCMKTS:AZFL) really caught the imagination of the market in August, rising nearly 3,000% during a five-week period as the company has moved head-long into the cannabis patch as a producer. The narrative that has pushed shares is really about the company’s seemingly quick move into an apparently strong position as a volume producer.

The company just announced that as of Thursday, it is cleared to harvest the first 100 acre plantation. The Amazonas Florestal management team will be assisting the Amazon Hemp operatives in Colorado throughout the harvesting process, which should be taking place on Friday, September 22, 2017. The announcement helped to juice shares well over 35% on the day, which was helpful, given the sharp recent pullback the company’s shareholders have been weathering since the pivot highs on September 12, 2017, when the stock printed an intraday high of $0.0075/share.

AMAZONAS FLORESTAL COM USD0.001 (OTCMKTS:AZFL) bills itself as a natural resources company diversified in several areas including but not limited to timber, biomass and clean energy generation. The company has also been focused on the cannabis production market of late.

According to its official materials, the company is dedicated to the management of its large tracts of land in the rainforests of Amazonas, Brazil. Amazonas Florestal’s sustainable forest management strategy, with its green philosophy and modern methods of cyclical harvesting, preserves ecosystems through habitat and water resource preservation, positioning it as a potential industry leader in responsible, eco-friendly timber practices.

Headquartered in Miami, FL, Amazonas Florestal Ltd’s goal is to become the leader in sustainable forest management, creating revenue while protecting the biodiversity of the rainforest ecosystem and enhancing the lives of the people who live in it. Amazonas business model relies on three distinct, responsible business initiatives and revenue streams. The first initiative, which is already in operations, is Sustainable Forestry and Timber Operations, by which Amazonas supplies hardwood timber to a diverse worldwide customer base specializing in the manufacture of hardwood sleepers for the railroads in Europe. The other initiatives, which are currently being developed, are in the areas of Industrial Hemp, Bio-mass Development, which creates revenues through the direct sale of clean energy; and Carbon Offsets, which are used to garner REDD Carbon Credit incentives for resale.

Amazonas and its people are committed stewards of the land under its control in the Amazon, and believe that an environmentally responsible company can be profitable and grow while leaving a positive impact on its land, its people, and the bio-diversity of the rainforest.

Amazonas Florestal not only protects one of the world’s greatest natural resources but also showing new methods and criteria that demonstrates how preservation can be profitable.

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As noted above, we continue to see underlying strength here despite some recent corrective action as the company moves to clear harvesting goals and get its flower on the market.

Ricardo Cortez, Company Chairman for Amazonas Florestal, Ltd., stated, “Company management is pleased to announce that the first plantation has reached 100 percent of its growth potential and has been cleared for harvest tomorrow, Friday, September 22, 2017.” Todd Ellison, Managing Partner at 303 Farms, Company Contractors in Colorado, added, “The first field is ready for harvest and we anticipate positive results.”

We’ve witnessed 100% added to share values of the stock over the past month of action, but that move comes in the context of a larger bearish trend. That said, AZFL has a history of dramatic rallies. What’s more, the name has witnessed a pop in interest, as transaction volume levels have recently pushed just under 230% beyond what we have been seeing over the larger time frame.

This is particularly important due to the relatively small float size in the stock (not even 18M shares). This type of thing is something to watch out for: a jump in average daily transaction volume in a stock with a restricted float can unleash fireworks as supply is squeezed.

At this time, carrying a capital value in the market of $6.47M, AZFL has virtually no cash reported on the books, which is balanced by a mountain in total current liabilities (over $2.8M according to last reporting). The company is pre-revenue at this point. You can bet we will update this one again as new information comes into view. Sign-up for continuing coverage on shares of $AZFL stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: We hold no position in $AZFL, either long or short, and we have not been compensated for this article.

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