Friday, August 28, 2009

Flag Revival



The villa owners are taking over? Word is that some of the villa owners at Flag are not waiting on the outcome of their law suits. Nor are they are waiting on the outcome of the negotiations between government and the lenders. Far less are they waiting for the outcome of the recent negotiations between Guish and George and the local government. The word is that they realise that if they do not immediately go into possession of their $12 million villas and stake out their claim, they will be in the equivalent of the Oklahoma land rush. So, they have hired Tony and company to finish off their villas. Then, they are going into possession and declaring they are in their residences. Their stance is, ‘Let us now see who can claim better possessory title after that!’ They expect to be in possession of seven of the villas completed and occupied by December of this year.



Meanwhile, Guish and George have returned to Anguilla. Are they really back from exile in St Kitts? They claim they are taking over Temenos. I do not know what happened to their big plans in St Kitts. Are they trying to keep a foot in both islands? Or, are they finished with St Kitts? Do you know?



I am told that they want to take over the golf course, the restaurant and ‘some of the villas’. Or, is it that they just want to help ‘finish’ some of the villas? The message is confused. They are said to be backed by one JB of Antil. Who he is, is not entirely clear. Is this just another stop-gap con-job? Or, is it something of substance? Only time will tell.



And, what is in it for the owners of Cap Juluca? Why should Aaron have agreed to take on the $200 thousand per month bill of keeping the golf course watered? There is no advantage for him and his investors that I can see.



Can you?





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