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Friday, April 23, 2021 2:46:41 PM
This deal was announced July last year.
Clearly by Lawrence's own admission, CEO been talking to him for a while .... not just recently.
An AVP at BoA is a dime a dozen and no great shakes or special talent.
But Lawrence has engaged with State and Local Gov't officials and gotten support at that level. My research would indicate he also engaged with top level petroleum companies. So he's been there. Unfortunately for us as ECSL investors, he didn't complete the proposed deals in the petroleum arena. Of course that doesn't mean it can't happen now. He knows how to navigate the process for this type deal and how to engage the appropriate entities.
One thing that hasn't been totally clear to me is who was going to provide the proposed capital for his prior deals. There was certainly gov't support ... but twas always referenced as investment by "FFC partners" but those are never provided.
Enterprise Florida and Florida Dept of Economic Opportunity were also in play in Lawrence past deals ..... both entities committed to business growth and employment in Florida.
Initially I just wanna see THE BASIC DEAL CLOSED AND DONE with a roadmap to future expansion.
Amigo Mike
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