OREANDA-NEWS.  August 17, 2012. Raney & Associates has secured the first contract since the launch of its ProAltIR™ solutions with China Forestry Inc. Peter Liu, CEO of China Forestry, agreed to issue Raney restricted shares equaling three percent of the total outstanding, and provide a discretionary budget of USD 10,000 per month, as the company said in the press release received by Lesprom Network.

Commenting on the new relationship, George Raney stated, "China Forestryis our first client since the launch of our proactive alternative IR strategies, which provide brand awareness as well as investor awareness through an integration of outsourced service providers to create a virtual US presence."

"Our research indicates there is extreme market demand for the anti-cancer drugs developed from our type of biological assets, a rapidly growing PRC presence of related foreign manufacturing, and a peer group of 78 potential strategic alliance targets, 29 of which are portfolio companies of international private equity funds or subsidiaries of corporate investors," said Raney.

China Forestry acquires land user rights to China forest plantations, operates landscape nurseries and sells landscape plants and trees.