Interesting theory. I have all the records but not the facts behind the label.
Always assumed it was set up as a Philly label (based on 45s like Imperial C's, Ernestine Eady, Enamons, Herb Ward, Vicky Baines, Tony Talent's group on the label for example). I don't think it set up to release stuff from Miami, but clearly there was some tie up. Steve.