The History of the Pelican Resort Club, St.Maarten

The main goal of this site will be to keep owners informed of past and future events of the resort. More sites – links and comments will follow so be sure to check back often. I have tried really hard to be factual on the events posted below. I ask all of you to help keep me straight on these issues below and what issues may follow. In all fairness I had given up on Pelican just after the take over by RRG in the way of the voting rights they are in possession of. I had hoped they would do the right thing and listen to what owners wanted. After ten years we are no better off then we were since first hiring RRG. In my opinion we are heading for another bankruptcy. History is repeating itself if one would only open their eyes to see. Is it greed and or corruption at foot here, I can’t say for sure. Let me ask you this if I may? At the Annual General Meeting of last Dec 2006 with 2 lawyers, accounting firm, RRG, TAPRC and Judy Young present they in fact tried to use the 508 FIP votes of units in default. Had they used any of these same-defaulted on unit votes any prior years? Now that has to make some of you wonder – just who is looking out for us owners? I don’t just make this stuff up. This type of thing has been going on since day 1. Just look up St.Maarten on the U.S. Department of State. They warn of a large number of complaints about misuse of maintenance fees. Is this true, I think we need to find out. Lets all help each other in getting to the truth here.

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Sunday, June 10, 2007

ROYAL RESORTS GROUP MOVES TO TAKE OVER FULL CONTROL-The RRG Take Over:

Nearing the end of RRG first Management Agreement, a (3 year agreement) from 1997 to 2000. Whereas they had not fulfilled obligations contained in this agreement.

1: 5-star / Gold crown status.
2: Sale of the unsold inventory.
3: Fiscal liquidity.

None of these obligations were met by the end of RRG contract in 2000. What RRG had done in fact was to run the resort deeper in the hole by charging the agreed upon fee of 10% on the units (unsold Inventory) that they agreed on selling in their 1997 management agreement contract. A contract which in fact I believe they had written by their lawyer Tom Davis (AKA godfather of timeshare law) and start up owner of Interval international. So by this time we were in way to deep with RRG, owing them what they claimed was more then $3,000,000.00 / $3 - million U.S.
dollars...

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