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Thursday, February 29, 2024 1:16:22 PM
JP is in the RE/EB5 arena as well as Commodity trading. The land is being targeted for housing for 2 factories which will create jobs for the city, county, state. EB5 programs get government and private funding. IF JP/SPZI has a management role, as well as a piece of the pie for contributing/developing the land, there will be monthly management fees, and hopefully appreciation of the RE asset from construction phase thru operations/rev/positive cash flow. The demand for the housing should be significant with the 2 factories nearby, both very significant companies building said factories.
My view is that JP is a "rainmaker", partnering his experience and contacts with experienced people in the commodity and real estate/education space. Execution will be the determining factor in the success of JP3e/SPZI. Hopefully we see shipping of the Chick paws very soon to validate the contracts, even if only small amounts to "test" the proverbial waters. PCAOB Auditor has been mentioned as well, yet not named as far as I remember.
Have a great weekend.
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