Amazonas Florestal, Ltd (OTCPK:AZFL) signed a letter of intent to acquire K.R. Producao Florestal Ltd on July 31, 2015. The transaction is expected to complete by September 15, 2015. Amazonas Florestal, Ltd (OTCPK:AZFL) cancelled the acquisition of K.R. Producao Florestal Ltd on July 31, 2016.