BEVERLY HILLS, CA--Ecologix Resource Group (OTCBB:EXRG) says it has received orders from a leading French timber company for Sipo or “African Mahogany.”
Sipo has been used from everything from high-end architectural millwork and furniture to cabinetry and boat building. It is harvested from countries in West Africa and distributed worldwide. The wood has light to deep reddish-brown color variations and is known for its moderately coarse texture with interlocking grain. Sipo continues to be very popular in the Europe and China, and demand for Sipo is also increasing in the United States, says Ecologix Resource Group.
Beverley Hills, CA-based Ecologix Resource Group, Inc. is a natural resource company focused on the growing, harvesting, and marketing of high quality timber, managing tropical hardwood forests in Cameroon, Africa. The Company grows and harvests trees for the use of lumber and other fine wood products. The start-up firm, traded over the counter, reported no income in the last two years.
Ecologix says it partnered with the local tribe council and the central government of Cameroon to acquire concessions that already contain the richest types of hardwood in the world. Ecologix is equipped to supply timber to the local market and export products internationally. Ecologix says it is working closely with the United Nations to develop timber exploitation standards that will provide a global acceptance of environmentally friendly harvesting practices.
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