The on-island development team was expanded to include land planner, engineer, surveyor, biologist, archeologist, and community relations director.The management entity and Fund I were created, and the Fund was registered with the SEC who approved its Form D in late 2019.With favorable outcomes on all reports and after a deep analysis, the principals executed a PSA with each of the two sellers in 2019.A more intensive feasibility study and due diligence was conducted. The principals hired a land planning consultant, engineering firm, and archeological experts which would become the first members of our on-island development team.After additional research and general feasibility study the principals’ negotiated terms and conditions and executed an LOI to purchase with the sellers.In 2018 the principals began research on the subject property and engaged with the representatives of the selling entities.Here a D9 dozer pushes brittle volcanic rock. This area will initially be used for an Entryway, Greenhouse, Storage Container, and future water-well construction. Grubbing and Grading began on-site in early 2022.
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