To clarify. Active rain settles "*above*" ground and it can pool above ground. Long and hard enough in low lying areas or "bowls" you could get high water. It would then seep under doors if theres enough of it. "Active" rain does not seep from *under the floor*. Water coming from under the floor speaks to heavily saturated conditions already there pre-rain. If it rains long and hard enough that rain can merge with the already settled water to rise through the floor

And to be fair to the SC, whistleblower reporting is how many financial irregularities are caught in the financial world.

What is alarming about this case and the FTX case is, these two structures were ground breaking ventures into a new Bahamian financial paradigm, and **both**, crypto and crowd funding carried great risk. It was odd then for somone other than the SC to raise reports about "governance". This is something you can demand up front and then check to see that structural norms are being adhered to.

Sigh. Are you talking about Dorian?

This story speaks of rain over the course of one day and people wading through knee deep water, that's 2-3 ft. When people speak about that depth of water, "rain" is almost **never** the source. Your example of water ***coming from under the floor*** would back that theory up as rain does **not** come from under the floor, pooled "*ground water*" does. What rain would do is exacerbate the already saturated conditions

Tribune September 2023:
"*Mdollaz, which trades as ArawakX, was registered with the Securities Commission on January 18, 2021, to conduct business as a crowd-funding marketplace and clearing facility under the Securities Industry (Business Capital) Rules 2021. It was initially owned 50/50 by Mr Rahming and his son.*

*Hillary Deveaux, one of Ms Rolle’s predecessors as Securities Commission executive director, was on Mdollaz/ArawakX’s Board but he resigned on December 9, 2022, to become a whistleblower. Together with James Campbell, the former Colina Insurance Company president, and Felix Stubbs, the former IBM Bahamas chief, **he met with the regulator on October 11, 2022, to voice concerns** about the platform’s operations and corporate governance structure.*:

Yes, that's correct, **as I said before, the largest investor and board member blew the whistle. There is another news article that details his report to the police**. It was **not** Securities Commision monitoring that caught this.

As to being "*ignorant*", I confess, call the knowledge police, there is much to know in the world and I dont know 1/1000,000th of it. And half of what I do know I dont know all and sometimes get wrong

Actually the illegal capital raise was reported to the police by an insider, I ~believe the board member who lost the most money, that's how it ultimately got to court, not through monitoring activities of the securities commission. The exact same thing in the FTX case. This thing about persons not receiving share certificates is another oddity, it shouldnt be possible again, like FTX... like *nobody was watching*

Exactly

Can you defame a poster? I dont know... maybe?

What really "*defamed*" the poster, at minimum, is the state of the roads for the past five years... across the entire country... and there's more

This type of flooding is almost never totally "rain water". In most cases the rain causes a large body of "contained" water to overflow its banks. That's where that deep onshore water buildup originates. I notice that there's a channel flowing from the sea into bennets harbour and an arm also in the direction of the bluff. I'd bet that's the source of the "historic" flooding.

This is why I'm very skeptical of that stone crab proposal to cut channels Inland into the GB coast. We are already at risk, we need to start using our brains for the impact of destroying the natural coast line protective barriers that we have. The DEPP has been silent on Athol Island.

"*The total loss suffered by these investors highlights just how risky this form of investing - injecting capital into small businesses and start-ups - can be if these ventures fare poorly.*"

Anyone who didnt understand the risk of losing everything shouldnt have been investing in the first place. This is not a bank where you're guaranteed to get back what you put in. Next time buy govt bonds.

"**There are discrepancies with the share registers - investors are missing on the registers,” Mr Rahming and Ms Simms alleged. “Investors have not received their share certificates, and the issuers were assessed additional fees by the company not shown in their listing agreement.”**"

**How is this possible? Where was the Securities Commission???**

It may be that the local meteorologists didnt have a voice in the decision making. The foreign man may have had his head filled with the word "*hurricane*" without the 30 years experience of what actually happens... I dont know, something was odd