QUITO, ECUADOR -- (Marketwire) -- 12/05/12 -- BluForest Inc. (OTCBB: BLUF) (OTCQB: BLUF)
BluForest Inc. ("BluForest" or the "Company"), an emerging leader in the field of Carbon Trading and Renewable Energy, has become intrigued after reports of "indigenous leaders from across the Amazon endorsed efforts to save endangered rainforest using financial mechanisms that reward good land stewardship and reduce greenhouse gas emissions from deforestation and forest degradation (REDD)." (1)
Charles Miller, Chief Executive Officer and Director of BluForest Inc., stated, "It is both encouraging and exciting to see the Indigenous People work towards saving their lands in a traditional yet revolutionary way."
An article by Steve Zwick states that "The 'Indigenous REDD' effort emerged in 2011 and is being spearheaded by the Coordinator of Indigenous Organizations of the Amazon Basin (COICA), which coordinates nine national indigenous organizations spread across the Amazon. It aims to incorporate REDD into the emerging 'Life Plans' being developed by indigenous groups across the Amazon. Such plans, like the one that sparked the creation of the Surui REDD Project, map out decades-long paths to prosperity and independence for indigenous peoples." (2)
COICA economic coordinator Juan-Carlos Jintiach has stated that the COICA members oversee 212 million hectares and have clear title to 170 million hectares of forest land yet only Ecuador, Columbia, and Brazil -- recognize their land titles at the constitutional level.
About BluForest Inc.: BluForest Inc. is a development stage company that is a publically traded carbon offsets marketing and renewable energy company. BLUF is executing its strategy to become a leading marketer of carbon offsets in the voluntary markets under the UN principle of Reducing Emissions from Deforestation and forest Degradation (REDD+). The BluForest website provides further information about the company which prospective investors are encouraged to visit.
Safe Harbor Act Notice: Statements contained herein that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the company's ability to obtain additional financing and the demand for the company's products. Any investment in the company would be extremely speculative and involve a high degree of risk and should not be pursued unless the investor could afford to lose their entire investment. Before investing, please review this filing, all past public filings with the SEC, all current Pinksheets.com filings and consult a registered broker dealer or contact the financial industry regulatory authority ("FINRA") for more information regarding locating a qualified party to assist in making an investment decision. The company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the company's success are more fully disclosed in the company's most recent public filings with the U.S. Securities and Exchange Commission. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
On behalf of the Board of BluForest Inc.
Company phone number: 1-855-509-5508
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