Wait for what? An exhaustive 60 plus page prospectus has already been disclosed. Exhaustive in almost every respect save who are the principals of Verdant and what have they done to own 37.5% of the shares. The numbers above are not in dispute and speak for themselves. The most Verdant could have paid was $3.7 mill for 37.5% of the company ( they may have paid nothing for as much as we know) yet the Bahamian retail investor is being asked to pay $32.5 mill for 25% of the company. This is inherently unfair. You tell me if that is corrupt?

Obtained the 37.5% equity in private placement but the question is for how much? The entire project is $136.2 million of which $132.5 million is being raised from other Bahamian investors ($100m pref and $32.5 million equity) so the most Verdant could have possibly paid was $3.7mill for 37.5% equity! We don’t even know if they paid that much as perhaps the Turkish company paid some of the $3.7 mill. Now it is proposed that the Bahamian retail public pay $32.5 mill for just 25% of the equity. This deal reeks of favoritism and opaqueness.

This offering lacks transparency and should not be approved as is by the Securities Commission. Who are the shareholders of Verdant? Why in an exhaustive prospectus were these details not provided and hardly a passing mention of Verdant principals made? What is Verdant doing to justify owning 37.5% of the shares? Are these politically connected persons who had these shares simply given to them while at the same time asking Bahamian investors to fund almost the entirety of this project?

The online platform has been operational for over a month now.

Good riddance to Gibson, long islanders deserve better.

A small start. An even better plan is to raise vat on all sugary drinks and fast food to 20%.

Quite apropos, we all know what acronym COI stands for. He fits in like a hand in the glove.

You want your fast food left alone😀? Big part of the problem.

These politicians have no spine, worse than a jellyfish. We need a tax on sodas and fast food in this country now! Consumption of these harmful products will fall while at the same time generating much needed government revenues to pay for the consequences of these ultra processed foods. Why should the profits from these harmful products be privatized while the cost to treat these chronic preventable diseases that they spawn be socialized (placed on the Bahamian taxpayer)?

This is why I have boycotted Rubis. Their behavior in this matter has been shameful, I refuse to patronize them anymore. Not good corporate or environmental citizens at all.