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18th May 2010
Annual Meeting
2011
The 5th
Ordinary Annual Meeting
will take place in the afternoon of Thursday, 5th
May, 2011 in Affoltern am Albis.
18th May 2010
The Fourth
Annual Meeting
took place in Affoltern am Albis on 5th
May 2010. 62 shareholders representing a total of
25'822 votes were present.
This is equivalent to 48.99% of the share
capital.
All the resolutions were carried with a large
majority.
Log of the General Meeting 2010 (only
in German, PDF, 453 KB)
Presentation "Plantations 2010" of R. Costa
(only in German, PDF, 14,1 MB)
Presentation "Finances" of R. Engler
(only in German, PDF, 96 KB)
Annual Report 2009 (PDF,
5,2 MB)
18th May 2010
Panama trip 2011
The next trip will take place from Saturday
21st to Saturday 28th May 2011
16th February, 2010
Tax value
The tax office of the Canton of Glarus determined a
valuation on 29th February 2010, defining a
net tax value of CHF 98.00 per
share for 2008.
17th December 2009
Former Prime Forestry Head of Sales is trying to sell trees to our shareholders
Mr Migmar, former Head of Sales of Prime Forestry Switzerland, and his employees are ringing our shareholders and trying to sell them trees near our plantations in Tortí Abajo, Darién. Mr Migmar obviously mentions that he knows me.
We would like to emphasise
• that Mr Migmar did not receive any addresses from us,
• that we have no business or other relation with him or the company he represents, Wood Source or Milestone Consulting Konstanz, respectively,
• that we disapprove of the business model he is offering (only trees, no land),
• that we have already asked him various times no longer to use the addresses he took from Prime Forestry and to leave our shareholders in peace.
We advise you to hang up the telephone. You do not owe these people any friendliness.
If you want to give yourself, your children or your grandchildren a caring present for Christmas, why not give them shares in The Tree Partner Company? At least you know what you have and to whom you are entrusting your money.
Season's greetings
Carol Franklin
16th December 2009
Our plantations have been certified by
the Forest Stewardship Council (FSC) valid until
November 2014. (FSC-certificate (PDF, KB 266))
16th December 2009
Forests for Friends is not in danger!
The Board of Directors would like to emphasise
clearly that nobody owns 47% of Forests for Friends'
shares and that Forests for Friends is not being
taken over by anybody. If somebody were to own such
a participation (which is impossible due to the
number of shareholders), the right to vote would be
limited to 3%. This complies with our Bye-Laws which
have been accepted by the Swiss Authorities and are
registered in the Commercial Register. Therefore, an
unfriendly takeover is not possible.
We can reassure our shareholders: Forests for
Friends is stable and not in danger!
8th December 2009
New Version: Castle Gate Holdings
"Dears Forests For Friends Team,
Today I received a telephone call from a Mr Dupont
"from New York". In the e-mail he is called "David
Dupont" in the documents "Brian Dupont". :-) He
wanted to give me 9,000 Euro credit, as, he said, I
had invested 9,000 Euro in Prime Forestry. I would
have to pay in another 5,500 Euro to receive 14,500
Goldfinger shares.
In your News of 26/11/2009 you mention that the
money is supposed to go to a bank in Mexico. In the
meantime there seems to be the version of Castle
Gate Holdings, which is supposed to receive the
money via the Global Bank of Commerce in Antigua.
The payment is routed over the Deutsche Bank. But
the story of the 47% that the company already owns
and which will be increased to 51% in the coming
weeks is the same. The gentleman also told me that
he himself had lost 150,000 Euro with Prime Forestry
and that he wanted to get his investment back with
this profit."
1st December 2009
Beekman Securities Corporation is
also willing to accept our shares as payment for
Goldfinger shares …
Here is a report from one of our shareholders:
"Dear Chairman!
I am a small shareholder since Prime Forestry and
still with you in F. f. F
I have resently been abused from a guy who called
himself, David Goodwell in Beekman Securities
Corporation, New York. He represents Goldfingers in
the takeover of our company and offers a 1 to 2 deal
with shares that will be possible to trade in the
Frankfurt Stock market soon. Each share will be 1 €.
He also offers an extension after the first deal. To
back up this one he tells you about a meeting he
just attended between, Wells Fargo-Merrill Lynch-Goldfingers
Corp. and himself repr. Beekman S.C. That meeting
indicated a possible worth of 3.5-4 times when the
new shares become official. Very good deal, indeed!"
The payment is to be made via The Bank of New York
to the Figuala branch of Banco Mercantil del Norte
SA, Monterrey, Mexico, to the ultimate beneficiary
Guardian International SA de CV in Cuernavaca,
Mexico.
Forests for Friends is not being taken over in a
friendly nor unfriendly manner. Please do not
believe any such stories and be very careful with
such offers and your money!
26th November 2009
Once again the addresses of the former Prime
Forestry tree partners are being abused. This time
by Infinity Exchange Board / "Goldfingers"
The person is calling "from New York" and goes under
the name of either Steven Weber or Dr. Brian Dupont.
The offer is being made by Infinity Exchange Board,
a company in Malaysia, who is said to be in the
process of an unfriendly takeover of Prime Forestry
/ Forests for Friends for an unnamed client. Our
Company, the caller says, is in financial
difficulties and on the verge of collapsing. The
client is said to have 47% already. The offer refers
to Prime Forestry shares(!), which are to be swapped
with shares of "Goldfingers". Goldfingers describes
itself on its website as a future (!) company which
– in virtual (!) shops - lends money for gold items.
Of course, the swap is not one-to-one: the
"Prime-Forestry"-shareholder must pay an additional
50% in advance. The money is to be paid via New York
to the Banco Mercantil del Norte SA in Monterrey,
Mexico.
As always we advise our shareholders to investigate
this business in depth before they send any money ….
If we hear of any new developments, we will keep you
informed as usual on our website under "News".
By the way, we are happy to say that the company and
the trees are in better shape than ever.
19th November 2009
Updated Information regarding Chapman Mediation Group
We have just been informed by an investor (fortunately not a shareholder of Forests for Friends) that he sent the Chapman Mediation Group a major amount and has not heard anything from the Group since then. He has filed a complaint with the Chinese Regulator. This information confirms our misgivings and we advise our shareholders to be very careful in their dealings.
19th November 2009
Telephone callers are active again
We are hearing from shareholders that they
are – once again – being approached by telephone,
this time from New York. The caller offers to buy
shares. Since we started, we have encountered such
activities and have warned our shareholders on our
website.
In the past, the offer was an exchange of
Forests-for-Friends shares for another share or
certificate, but with a steep additional payment. We
assume that the deal would be closed after the money
has been paid and that the other party would be
happy with the easily-earned money. We have never
received a cession request from a shareholder
following such a deal. We would not agree to such a
cession; this lies in the competence of the Board.
The addresses are probably from former
Prime-Forestry employees.
Forest for Friends is in better shape than ever. We
visited the plantations with Romano Costa, our
forest engineer on the Board, last week and the
growth rates are pleasing. In addition, many
shareholders subscribed to the convertible bond or
gave loans.
The share cannot be traded on a stock market. A
listing would not make sense for a rescue company;
it would be far too expensive and would attract
raiders. You can sell your shares on a private basis
anytime, if you find a buyer and agree on a price.
So do not worry, but do not take any risks!
28th October, 2009
New Manager for Forests for Friends AG
By employing Jacqueline Jakob-Gallmann, the Board of
Directors has implemented the most important finding
of its risk analysis. Read more about it in the
6th letter to shareholders, dated 12th October,
2009 (PDF, 593 KB).
24th September, 2009 (see also 31st
August 09)
Update on the telephone calls and the questions about your shares
We now have an example of an E-mail and the questionnaire sent by the company searching for information about our shareholders' participation in Forests for Friends Ltd.
• E-Mail (PDF, 65 KB)
• Questionnaire (PDF, 25 KB)
The lady is obviously called Amanda Doyle and the company is Chapman Mediation Group in Hongkong. Representatives of this company already approached our shareholders about two years ago.
We advise our shareholders not to accept the offer and not to provide any information.
22nd September, 2009
Enjoy the advantages of shares – and receive
income before the final harvest
An investment in sustainably produced precious wood
has many advantages. But one has to wait until the
trees are mature enough to be harvested. Even if you
pull a tree, it will not grow faster.
• Do you want to invest part of your savings in
safely and meaningfully ?
• Would you like to have a good interest now and not
wait until the trees can be harvested ?
• Would you like to participate in the value
increase of the Forests for Friends shares ?
Our solution is a Loan with the right to
convert, which the recent AGM decided on.
135 shareholders have already participated. They
receive a regular 4 % interest
(which you can also add on to the capital
(accumulate)) and the capital will be paid back
mit-2016 at the latest. If the share price rises
before this date (because we sell unplanted land,
for instance, or have income from CO2 certificates),
you can convert the loan to shares after mid-2011.
Example:
You invest 14,520 Francs now as a loan.
Mid-2016 you can convert it to 10 shares of Forests
for Friends or you get the loaned amount back.
Every year we send you 4 % interest = CHF 580.80
(gross).
You decide whether and when you convert the loan to
shares.
Wouldn't it be a good idea ?
We would be happy to give you more information.
15th September 2009
Marketing by Life Forestry
Over the past few weeks we have been hearing from
our shareholders that they have been receiving
unsollicited e-mails from a "Life Forestry Group".
We have been asked about Life Forestry and
particularly where the addresses come from.
We would like to clarify that we have never given
anybody our investors' addresses,
that we do not cooperate with Life Forestry in any
way
that no cooperation is envisaged.
We do not really know the company and cannot
recommend a cooperation in any way.
28th October 2008
Again we are hearing from
shareholders that they are being approached –
unsolicited and persistently – by representatives of
the firm Kimberley Capital Corporation based in Glen
Rock New Jersey, USA, with the offer either to
exchange the "rights" of investors of Prime Forestry
or their shares in Forests for Friends Ltd plus an
additional payment, which must be paid in advance,
for other shares or participate in a Class action
lawsuit which Kimberly Capital is undertaking on
behalf of an unspecified Hollywood producer client.
We should like to state that in this case, too, we
do not know this firm and do not work with it. We
recommend extreme caution and suggest you make
detailed investigations before executing such a
transaction. We cannot voice an opinion on the
respectability of these offers.
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