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$5MM Letter of Intent
Avalon Capital/Ted Waitt Tech Billionaire
At the time of the 2008 Financial Crisis, through the UCSD Connect Founder and CEO, Duane Roth, we were introduced to Ted Waitt, Founder of Gateway Computers and within a few days received a LOI for the acquisition of our company to develop a 2,200 lot residential project in the US Midwest.
Interest From MiTek
Construction Products Corporation Owned By Berkshire/Hathaway
Met with several of MiTek's "C" level at their Company headquarters in
Synergy Porcelanosa
Construction Products Corporation (Multi Billion dollar turnover)
George Clooney and the British Royal Family are brand ambassadors
Porcelanosa consists of 9 different very high-end companies dedicated to Finishes (floor and wall) and Finishing (bathrooms, kitchens and living rooms) components for residential and commercial interior design.
Met with Ownership of Porcelanosa at their Company headquarters in Villa Real (Valencia), Spain, over a 2 day visit with their technical staff we became aware of many areas of synergy-Entelligant developing solutions for their thin veneer facades and modular Kitchens and Bathrooms. The possibility of Porcelanosa supplying Entelligant with numerous finishing products from bathrooms to kitchens to floor and wall coverings.
Porcelanosa represents excellent synergy as their products are the face of our structure. In reality it is the finishing materials that will seal a deal. Porcelanosa is the only organization that I am aware of that possesses the ability to completely provision the finishings (Interior and Exterior) of a structure, residential, commercial even healthcare. Porcelanosa recently invested $30MM to manufacture large format thin veneer panels, they are extremely motivated to find suitable substrates on which to affix their products.
As a last note, their porcelain panels are indistinguishable from real wood, in terms of 3D surface, visually and even suprior from a tactile/grip advantage. Perfect cellulose replacement.
