Firstly, anyone naive enough to believe that Baha Mar is a $3+ billion investment needs to have their heads examined! No way in hell can anyone justify $3000 million for the construction of this property.
Secondly, I personally have the first-hand experience with how the Chinese double projected development investment cost in order to garner 100% financing without actually investing a single penny of their own money by over-inflating Chinese produced products first cost.
Proving CCA scammed Sarkis from day one should be as simple as having qualified quantity surveyors run the numbers on what the actual cost is to develop this property with Chinese made goods.
why & how Sarkis and Christie acknowledged and accepted the $B3+ price tag from CCA in the first instance for the development is yet another question that must be considered as things go through the wash!
A more tangled weave of deceit is hard to conceive.
Firstly, anyone naive enough to believe that Baha Mar is a $3+ billion investment needs to have their heads examined! No way in hell can anyone justify $3000 million for the construction of this property.
Secondly, I personally have the first-hand experience with how the Chinese double projected development investment cost in order to garner 100% financing without actually investing a single penny of their own money by over-inflating Chinese produced products first cost.
Proving CCA scammed Sarkis from day one should be as simple as having qualified quantity surveyors run the numbers on what the actual cost is to develop this property with Chinese made goods.
why & how Sarkis and Christie acknowledged and accepted the $B3+ price tag from CCA in the first instance for the development is yet another question that must be considered as things go through the wash!
A more tangled weave of deceit is hard to conceive.
Sarkis Izmirlian was doomed to fail with the Chinese "sweet lies" in collusion with Perry Christie's gang of pirates!
Majority of Bahamians are solidly on Izmirlians side! The questions that come to mind are, what took Sarkis team so long? and why didn't he appeal to the Privy Council instead?
I pray that dancing clown Perry Christie and any of his pirates caught in wrongdoings are brought to justice and properly punished accordingly just as anyone else would be!
@ John..."Let Bahamians continue to do slave labor"? On the contrary my friend!
Our due diligence confirms a decent amusement or theme park requires a minimum $175M investment and has faster, significantly higher ROI than any hotel can ever dream of!
Proof of the pudding only takes a quick look at the Atlantis water park, adult price: $169. child price: $118 (ages 4-12) and they are overwhelmed 70% of the time mostly with cruise passengers. Take a moment and do the math. What hotel can produce these numbers?
In comparison, the Freeport property requires purchasing, refurbishing, franchise fees, marketing, staffing, maintenance, union headaches, cost etc'. Why not invest in lucrative low hanging fruit and graduate to more complex hard to reach stuff after setting up a few cash cows to generate funds to finance hotel ownership?
How do I know this? My group did all the studies, had an experienced, very willing investor with $190M cash and made a comprehensive proposal to **P**illage **L**oot **P**lunder in 2012, BUT, dancing clown Christie and his group of pirates was in La' La land, only focused on putting all their eggs in the Baha Mar basket.
SP says...
Is democracy dead in the Bahamas? What happened to Mrs. Rolle's right to freedom of speech?
She has an "equal" right to express her opinion as does this so-called "Equality Bahamas" group of liberals!
On Equality Bahamas says minister must go over comments
Posted 29 December 2017, 4:50 p.m. Suggest removal
SP says...
Firstly, anyone naive enough to believe that Baha Mar is a $3+ billion investment needs to have their heads examined! No way in hell can anyone justify $3000 million for the construction of this property.
Secondly, I personally have the first-hand experience with how the Chinese double projected development investment cost in order to garner 100% financing without actually investing a single penny of their own money by over-inflating Chinese produced products first cost.
Proving CCA scammed Sarkis from day one should be as simple as having qualified quantity surveyors run the numbers on what the actual cost is to develop this property with Chinese made goods.
why & how Sarkis and Christie acknowledged and accepted the $B3+ price tag from CCA in the first instance for the development is yet another question that must be considered as things go through the wash!
A more tangled weave of deceit is hard to conceive.
On PLP claims Izmirlian is ‘vindictive’ with damages claim
Posted 28 December 2017, 8:37 p.m. Suggest removal
SP says...
Firstly, anyone naive enough to believe that Baha Mar is a $3+ billion investment needs to have their heads examined! No way in hell can anyone justify $3000 million for the construction of this property.
Secondly, I personally have the first-hand experience with how the Chinese double projected development investment cost in order to garner 100% financing without actually investing a single penny of their own money by over-inflating Chinese produced products first cost.
Proving CCA scammed Sarkis from day one should be as simple as having qualified quantity surveyors run the numbers on what the actual cost is to develop this property with Chinese made goods.
why & how Sarkis and Christie acknowledged and accepted the $B3+ price tag from CCA in the first instance for the development is yet another question that must be considered as things go through the wash!
A more tangled weave of deceit is hard to conceive.
On Sarkis: I stopped $169m bogus bills
Posted 28 December 2017, 8:31 p.m. Suggest removal
SP says...
Don't give the dancing clown all credit, the one-man band is an equally involved traitor!
On Sarkis strikes with $2bn writ
Posted 27 December 2017, 6:08 p.m. Suggest removal
SP says...
Sarkis Izmirlian was doomed to fail with the Chinese "sweet lies" in collusion with Perry Christie's gang of pirates!
Majority of Bahamians are solidly on Izmirlians side! The questions that come to mind are, what took Sarkis team so long? and why didn't he appeal to the Privy Council instead?
I pray that dancing clown Perry Christie and any of his pirates caught in wrongdoings are brought to justice and properly punished accordingly just as anyone else would be!
On Sarkis strikes with $2bn writ
Posted 27 December 2017, 3:50 p.m. Suggest removal
SP says...
Get all the damn illegal Haitians, Jamaicans, Africans, Chinese, Filipinos, Latinos, Americans, Canadians, and Europeans OUT!
On Defiant - sweeps for illegals 'stepping up'
Posted 26 December 2017, 8:54 a.m. Suggest removal
SP says...
Correction, no one said Bahamians can't own and manage hotels.
As an individual, I would prefer a theme park or other supportive ancillary resort investment with less risk and a higher, much faster ROI.
Everyone wanting to invest in hotels have my blessings and I wish them success.
On Grand Lucayan LOI signed
Posted 25 December 2017, 3:51 p.m. Suggest removal
SP says...
I stopped reading at "two prominent Progressive Liberal Party (PLP) women".
On Rolle rape stand sparks backlash
Posted 25 December 2017, 8:23 a.m. Suggest removal
SP says...
Too late. Brent's crew of pirates dem done teif all the stones!
On Rolle rape stand sparks backlash
Posted 25 December 2017, 8:22 a.m. Suggest removal
SP says...
@ John..."Let Bahamians continue to do slave labor"? On the contrary my friend!
Our due diligence confirms a decent amusement or theme park requires a minimum $175M investment and has faster, significantly higher ROI than any hotel can ever dream of!
Proof of the pudding only takes a quick look at the Atlantis water park, adult price: $169. child price: $118 (ages 4-12) and they are overwhelmed 70% of the time mostly with cruise passengers. Take a moment and do the math. What hotel can produce these numbers?
In comparison, the Freeport property requires purchasing, refurbishing, franchise fees, marketing, staffing, maintenance, union headaches, cost etc'. Why not invest in lucrative low hanging fruit and graduate to more complex hard to reach stuff after setting up a few cash cows to generate funds to finance hotel ownership?
How do I know this? My group did all the studies, had an experienced, very willing investor with $190M cash and made a comprehensive proposal to **P**illage **L**oot **P**lunder in 2012, BUT, dancing clown Christie and his group of pirates was in La' La land, only focused on putting all their eggs in the Baha Mar basket.
If you call this "slave labor" PLEASE sign me up!
On Grand Lucayan LOI signed
Posted 25 December 2017, 8:08 a.m. Suggest removal