Private stock in Havan

[rspdiver]

I was recently party to a special offering of a stock turnover of cigars that remained in Havana during the now defunct merchant's normal business. The stock includes ELs from original release. My question is: how common is it to have stock reserved in Havana for a company? It would seem to me that there would be very limited vendor storage there, and they would want product that is payed for off the island to make room for new rollings. Any comment Rob (or others)?

[El Presidente]

It really comes down to the size of the stockpile. There is no problem holding stock in lockers (or perhaps a series of) at some of the divans but retailer/merchant facilities I have never heard of.

My understanding (and I will have it clarified) is that some regional distributors have some limited warehousing on the island which would make sense.

I sincerely doubt large-scale legitimate storage facilities for merchants exist.

I can check out the real story for you when I am there. SS me some details if you wish.

[El Presidente]

Followed this up while in Havana.

Distributors have the ability to warehouse stock through Habanos facility....retailers do not.

[rspdiver]

» Followed this up while in Havana.

»

» Distributors have the ability to warehouse stock through Habanos

» facility....retailers do not.

Thanks for the info, Rob. Several other indicators have soured this deal as well. Grrrr