| A Standoff At Stakebank Island |
| Wed, November 13, 2024 |
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There was a sort of showdown at Stake Bank Caye today. According to multiple sources, the OPSA group - which is trying to sell the island - took a group of international investors out there to show them the asset they're trying to sell.
But when they got to the island, they were turned back by Mike Feinstein's security - on the basis that they can't disembark on the pier or the outer part of the island, because Feinstein still owns that. Viewers will recall that the compulsory acquisition is not yet complete.
According to our sources, the investors were seriously interested in the island, but as it presently stands the receiver only owns the inner 16 acres, while Feinstein owned the outer 23 acres.
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