| Business Summary | | Madera
International,
Inc.
specializes
in
the
harvesting
and
exportation
of
timber
products
from
South
America
to
buyers
throughout
the
world.
The
Company
owns
approximately
900,000
acres
of
prime
timber
property
in
the
State
of
Amazonas,
Brazil.
This
property
has
abundant
species
of
commercial
value,
including
Spanish
Cedar,
Banak,
and
Marupa.
Harvest
is
seasonal
and
raw
materials
are
transported
by
river
to
the
Company's
mill,
the
Froeste
Wood
Saw
Mill,
located
at
Rua
de
Maio,
Benjamin
Constat,
Amazonas,
Brazil.
Lumber
is
sold
to
established
customers
who
are
members
of
the
National
Hardwood
Lumber
Association. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Madera
International
specializes
in
the
harvesting
and
exportation
of
timber
products
from
South
America
to
lumber
distributors
throughout
the
U.S.
The
company
owns
timber
property
in
Brazil.
For
the
nine
months
ended
12/31/99,
revenues
decreased
72%
to
$749
thousand.
Net
loss
totalled
$401
thousand
vs.
income
of
$86
thousand.
Revenues
reflect
decreased
sales
orders
for
hardwoods.
Net
loss
reflects
increased
operating
expenses
as
a
percentage
of
revenues. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Ramiro Fernandez, Jr., 45 Chairman,
VP | $78K | Ramiro Fernandez-Moris, 70 CEO,
Director | 173K | Roman Fernandez-Moris, 43 Pres | 77K | Dollar
amounts are as of 31-Mar-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|