Thru a mutual friend I was introduced to Mr. Gustavo Envela.   Other credits to Mr. Envela include his being a Graduate of Stanford University, Olympic Track Runner and politically very active.  Mr. Envela stated that a new government was being formed in his country of Equatorial Guinea.  The new regime wanted to encourage education.  They wanted to build an art museum and were very interested in our painting.

In time arrangements were made to show the painting.  Our special police were called and the painting was removed and transported to the Beligo Hotel/Casino in Las Vegas.  Mr. Envela and his expert viewed the painting. It was agreed that Mr. Envela acting for Equatorial Guiana, would purchase the painting at half it’s value for the amount of $60 million dollars.

As time went on Mr. Envela informed me that a coop was to have happened but it had not and it would be some time before we could conclude this transaction.  Some time later I did learn of such a coop via the news.  Here is that article.


 

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