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Yes, you are correct. Todd is making the changes I requested and we probably have at least another 2 weeks before I get a final plan.
With respect to your latest Contract, I have 2 minor changes. The only one with any significance is the counterparty name. I expect Mitchell-Carroll Custom Homes to be the signator to this Agreement. Having a "shell" LLC entiity sign the Contract would be like me having my step-son sign the Contract. I want the "real" balance sheet to be on the hook for meeting the contractual obligations, much like you want my personal balance sheet/income statement to be the responsible financial counterparty. The other change was wording and does not effect the contract intent. Talk to you soon.
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