Timber: The New Gold Standard Investment of Choice ... FastForests, Inc.
January 06 2005 - 8:30AM
PR Newswire (US)
Timber: The New Gold Standard Investment of Choice ... FastForests,
Inc. BOCA RATON, Fla., Jan. 6 /PRNewswire-FirstCall/ --
FastForests, Inc. (OTC:FSFR), the gold standard of timber
investments, has just recently announced $20 million in tax-free
revenue. FastForests holds the worldwide rights to the SupaTree
which when fully grown at 9 years and when cut down for hardwood
lumber grows right out of the same stump faster and stronger than
before, without the stump being removed. Visit:
http://www.fastforestsinc.com/. In BUSINESS WEEK (December 27,
2004), Harvard Management CEO, Jack R. Meyer is making outsized
returns for the university with $27 billion. Mr. Meyer was quoted
as saying, "It's one of my favorite asset classes right now.
Timber. As an asset class, it is mispriced. If you are patient and
have a little skill, you can buy timber today to return 7.5% to 8%
a year in real terms, assuming flat real log prices." Harvard has
posted a 15.9% annual return, vs. just 10.1% for the median large
institutional fund. That feat has generated an extra $12.2 billion
- nearly as much as the entire endowment at Yale University, the
second wealthiest. Harvard, with 10% of their assets in timber,
sends three professional lumberjacks, on staff, to go and look at
trees. Harvard's size is an advantage when looking at timber. When
looking at a forest, very few people show up with $600 million in
cash for a forest in New Zealand. Currently, FastForests, Inc. is
very active in the Australian and New Zealand markets. Visit:
http://www.fastforestsinc.com/. Just recently, states within
Australia set aside about $1 billion for landowners in their areas
to grow trees due to the new Australian law prohibiting the cutting
down of trees in Australia. Tree growing in Australia is on the
edge of becoming a billion-dollar industry in the very short
future. FastForests believes it will become a major force in the
forest industry in Australia, New Zealand and around the world with
their amazing SupaTree as more and more trees are needed to replace
the trees lost through natural destruction and consumption needs.
Contact: FastForests, Inc. George McMillan U.S.: 561-620-4949
Australia: 617-55-704-500 This release was issued through
eReleases(TM). For more information, visit
http://www.ereleases.com/. DATASOURCE: FastForests, Inc. CONTACT:
George McMillan, FastForests, Inc., U.S.: +1-561-620-4949,
Australia: 617-55-704-500, Web site: http://www.fastforestsinc.com/
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