What about Abaco? Our power is out every day? In the year 2025 it is hard to believe that a country like the Bahamas can’t have sustainable electricity. Maybe they need to get the Chinese over to solve it!!

Our government is a disaster. It’s impossible for them to put out any announcement without immediately adding 2 or 3 amendments because they didn’t think it through. The people of the Bahamas are going to pay the price. And, next Hurricane, we are going to need all our American boater friends to help out because are government does sh*t for us after a hurricane.

The easiest part of this deal is The Tipsy bar. I’ll bet if I got $100 for every month after Jan 26 it wasn’t open -I’d be rich. Somehow these buyers all get cold feet at the last second. Look at Replay resorts-they were the best bet-surveyed the owners-and then said bye bye. If Greenpointe is so sure why aren’t they sharing plans? This is starting to sound like Our Lucaya at Freeport that keeps on fizzling out. Trying to stay positive. But it’s hard. One big blow and TC will be back to square 1.

Kovats lawsuit against Greenpointe is still active in Jacksonville, FL. I can't believe they will put one shovel full into the ground until that is gone. The guy from Baha Mar won $1.8 billion in the US after 8 years of court hassling. Kovats can stretch this out.

First it was first quarter 2025. Then, 2nd Quarter 2025. Now, last quarter 2025. It seems unfathomable that if someone wanted to invest $175 million to help us natives in TC that the government couldn't somehow fast track it. But, rumor on the street is that with the election coming next year, and Abaco not a general Davis party participant except for the last election, the gov is going to make the announcement in 2026 to try and garner the votes necessary for them to keep their hand in the cookie jar. If they just hadn't borrowed so much money from the Chinese they wouldn't have to jack the customs and VAT fees, boat cruising permit, plane landing fee 300%. When does it stop? Hopefully, the next election. And, all this talk about TC and we don't even have an airport terminal at TC. Nothing changes. And, I don't think Kovats is done in court yet. Greenpointe can get all the permits they need but as long as a hundred million dollar case is hanging over their head they won't put shovel one into the ground.

Could have to do with 300% increase in Landing Fees in Bahamas. Many private pilots balking at pay $150 to just land. With 2 people, $212 to land and takeoff. That’s more than the cost of fuel to get to the Bahamas for most pilots. And, now, bye bye Silver. There goes the airlift.

Let’s see. 300% increase in landing fees for private aircraft-some of the biggest spenders. Sky high duties. 10% vat. So, a trip to Abaco is $150 landing fee, $200 taxi fee to/from airport, $62 departure tax=$412. 2 burgers and 2 goombays with service charge and vat= $110. So, I am at $522 and haven’t paid for my $350 hotel room with about 50% taxes and fees=$525. So, I am over $1000 already. The officials have the mistaken thought that cruise visitors are great. They don’t even eat lunch on shore-they might have a drink. The Bahamas has reached a tipping point. Gouging stopover visits is killing them! Meanwhile, Florida Keys tourism is constantly growing and it doesn’t cost an arm and a leg! You can only fleece the tourists for so long!

OMG. Another fake "buyer". So, let's see. He puts in a measly $5 million, and has a bunch of investors plunk down $500,000 each to the tune of $60 million. Then, we get a Cat 3 hurricane barreling through and the Greenpointe people say "ADIOS"!!. They would rather lose the $5 mil then have to go raise another 10 or 20 mil to try and resurrect. When Treasure Cay was owned in the old days by a reputable owner they had something to lose if things didn't go right. Now, whether Kovats or Greenpointe they are going to have minimum invested and just leave Treasure Cay whistling in the breeze if everything doesn't go right. In the meantime, the government has these dog and pony shows that are completely opaque about what is really happening. Gee, kind of like Grand Bahama Airport and Lucaya. The government told Kovats he had to put up a $25 million bond-he balked. What about Greenpointe? What's their bond?

God forbid the Bahamas takes control of the airspace from the FAA! And, the number of private pilots flying to the Bahamas has decreased with the 300% increase in fees. Killing the goose that lays the golden egg little by little by little!

Unfortunately, for all the poor souls in Abaco that continue to dream of a Treasure Cay comeback, this is taking place in US courts which means the government can’t waive a magic wand to make it go away. I doubt the developer wants to spend any money before this gets resolved.