This is the first edition of ECI’s Investor Newsletter. This newsletter will cover new projects undertaken by ECI Development, as well as other investment opportunities in the region. Whether you are already an ECI investor, or just interested in investment in Latin America, this newsletter will be your window into the growing world of Latin American investment opportunities. I am constantly impressed by the strides taken by governments throughout the region to attract foreign investment. In Nicaragua, that includes dramatic improvements to infrastructure and utilities, while in Belize they have established excellent banking laws and retirement programs. These “open for business” policies might not be what people expect to find when looking toward Latin America, but the failures of the region’s leftist governments in the past have instilled the importance of free market attitudes in the countries’ modern governments.
ECI Development is excited to be working in such a dynamic region, and most of all to introduce the region to other forward-thinking investors. This monthly newsletter will bring you breaking news and opportunities relevant to investors, and you will find the rapid development of this previously overlooked region quite exciting from an investment perspective. Of course, we can only bring handful of these stories to you each month, and there really is so much more going on. I am always available to you to answer questions, plan an investment tour, and share with you my experience in the region. After almost 20 years on the ground, I have learned quite a bit about the governments, private enterprises, and various programs in each country.
Please enjoy this selection of stories and opportunities I thought you would find interesting, and feel free to provide feedback on this newsletter. You, the investor, are our audience, and we strive to bring you news that will be valuable as you monitor or consider your investment in ECI or the region as a whole. I look forward to hearing from you!
Chairman and CEO
~ Testimonials ~
“Michael Cobb, you have truly brought ethical behavior to an elevated level. Nine years ago when I was negotiating with you on lot 84A I asked about the houses in the area in front of us and you replied we were the first lots in our area that were permitted to have two stories . That was important to Tom and I as we wanted to preserve our view. Last year when the lot across the street was resold and building plans started, I asked Kent Payne to check and see that only a one story house was allowed on the lot. To my surprise, this was not the case. I prayed they would not build a two story house. Yesterday Tom was informed by Kent that as the house plans on the lot across were of the two story variety, you had offered to trade their lot for a more expensive and valuable lot in order to honor your word! The Cinco Amigos thank you for your ethics in a country in which many other developers have taken the easy way to their own destruction and to the harm of many others. You have raised the bar and we all appreciate your honor. I am proud to be associated with Gran Pacifica and with you.”
Connie Orlandini, Gran Pacifica Property Owner
“ECI is just a solid, wholesome company. You meet the founders, and the people, and they’re just happy. You know anything Mike Cobb tells you, you can take to the bank. It’s like your brother telling you, or even better. This is my first trip to Gran Pacifica, and it just feels like home the moment you get here. Very comfortable, just like old time United States. It has the sense of community that people lost in the US, and I think that’s the most important thing. You really can’t put a dollar value on it, but you know it when you see it, and it’s here.
Coming from a construction background, I can see that everything here is built to last, and there are a lot of little details that were thought of. Looking at the growth here, it really seems to be a solid investment, and it’s also just such a great atmosphere. It’s hard to put words to. It’s really the whole mix of things, trustworthy, common sense people, great climate, real community, and sensible growth. Mike Cobb is a person with a dream, and he’s really making that dream happen here. That’s something you don’t find every day.”
John Fultz, ECI Shareholder