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**ANTIGUAN WOMAN** » 2012-07-27 12:54

Santa is no Canadian,may be a citenzen of Canada,but he is Antiguan,just one of those that still thinks the Sun rises in the Morning only to accomodate them,i really dont see how ordinary black A,guans can be calling him Moses,i know the family,they are xxxxt xxxxs.

**cloudnine** » 2012-07-25 15:08

Antigua is going through rough times, so isnt is best that buildings are being used and maintained instead of rotting in the sun.....MR D can pay his rent, and the liquidators can move on with their business.....si nce when is it public information how much a private company pays for its leases......lea ve him alone....as far as being a Canadian, I think Mr D. is also a true Antiguan and has served his country more than most of us....thank you...

**Francella James** » 2012-07-25 09:23

The Manager of Observer is failing. Winston I think he's too old to run your operation. Think futurisitc and visionary. He is past, historic and geriatric. No wonder you keep getting bad advice. Wake up Missa Derrick.

**Rude Boy** » 2012-07-25 07:29

Winston is a Canadian...don' t mix him up with the rest a ar we! In any case he taking from the depositors...do esn't this make him of similar nature to Stanford?

**Julene Rogers** » 2012-07-25 06:59

Imagine this All i gotta say is wow!!!!!!!!!!!! !!!!!!!!!! Winston that xxxx man seems to be giving you bad advice from calling in the first set of dj's for hitz fm on a sunday and made their positions redundant only to re employ people less than a yr in those respective position after going automation lost the company hundreds of thousand dollars and now allegedly under paying for a property that values more? Wow We all know this little foolie boy from ovals is a big time smart guy that settles at nothing to get what he wants its evident. GOD NAR SLEEEEEEEP WOW

**David Shaolin** » 2012-07-24 21:12

I can forgive you...you're just a fooley boy from Ovals...and you are supposed to be the voice of the people? Which people? This is all a big joke...and Winston looks a lot like the Joker...red hair and all!

**masta** » 2012-07-24 20:57

all kinda people come to Antigua and get plenty for nothing, its time Antiguans get a piece of Antigua.

**STANFORD** » 2012-07-24 16:37

Caribarena need to check your figures- the two buildings leased by Observer are combined less then 20,000 sq feet.

**John French II** » 2012-07-24 14:44

Notes From A Native Son Of The Rock! Friends as one who laments the state of Literacy which many forget includes includes Numeracy. The Draft Education Sector Plan, 2013-2018 identifies Quote:

4. Improve performance in mathematics & physics which is at an unacceptable level and there is no sign of improvement without deliberate intervention. ... 6 Address the problem of literacy & numeracy which has continued to be an hindrance to learning & academic performance by students ... 7 Focus the preparedness of the workforce at the knowledge & technological level by embracing Science, Technology, Engineering & Mathematics (STEM) as a key component of the education process.

CountryWomen/Me n, Ouadadlians, Rastas, "Pickey Head People", Crusoe is a North Atlantic Buccaneer - Nothing Personal it is Privateer Business. Abandonned The Good Ship Dulcina and handsomely rewarded by Blue Cronies. Moved into the Big House in one of the sweetest Leasing Deals - SUN-RAS - ever executed on A&B reminiscent of Crusoe's deal with the English Captain of retaking the mutinous ship and returning to England.
Heaven Help The Nation Of Antigua & Barbuda including Redonda.

**Really?** » 2012-07-24 14:22

Wonder if I were to call in on "Voice of the People" and ask the host about this lease if he wold answer me? Hmmmm

**tenman** » 2012-07-24 13:45

Dadliman the clash is correct, it is indeed 16 cents ec or 6 cents US per sq foot. Seems E Christian was not aware of this "deal" or government would be housed there. Christian some time ago posited that office space in woods went for about $7.00 EC per sq foot. All I know is there is no such thing as a free lunch, these kinds of "deals" always come with some hidden cost.

..

**young analyst** » 2012-07-24 13:33

Does anyone know what would be the present market value to rent this place? dispite all the other seemingly other negative wow factors with this matter. I think its a very bold move to pay 27000ec at this time per month just for rent, the question should be hope he can maintain it and not have to close the doors=people without work

**maths** » 2012-07-24 13:30

it's 0.06 US cents brother. go n read the clash comment, and next time pay attention when teacher explain how to multiply and divide!

**Anu** » 2012-07-24 13:13

Being an established businessman you would have known how beneficial renting a building of that size againts the price for the lease. Anyone would have jumped at the opportunity to rent commercial property for cents per sqaure foot. However, with the ongoing debacle which surrounds Stanfords property, leasing this property in my mind was a bad idea. It would have been advisable to wait until the dust settle and see if the opportunity was still available. I hope everything works out and all parties involve will be satisfied when the judge make a ruling.

**chaka** » 2012-07-24 12:41

THE RATE IS EC$6.18 PER SQUARE FOOT. WHAT A BARGAIN WINSTON! AND YOU KNEW NOTHING, YOU SOUND LIKE CORONEL CLINK!

**Anonymous** » 2012-07-24 12:37

WOW! Derrick, is occupying Stanford investor's property at EC$ cents per square foot and sees nothing wrong with that ? Wow !

**I Onanu** » 2012-07-24 12:29

The question here is what is fair market value? Most Stanford buildings were purpose built with limited use. That building, like others, sit/sat vacant for a long time so obviously there is a limited market for them. For example, The Sticky Wicket is vacant and available but who can run a profitable business there; at any lease price? Even if you got it for free, I doubt that you could cover the utility costs. I would suggest that the same would apply to the Sun building.Actual ly, I am surprised that Observer agreed to pay EC$27,000! So, from my point of view, the receiver should be happy to get EC$27,000 for a building that has been vacant for years.

**the clash** » 2012-07-24 12:14

Not sure how you got that. Please see this link for the correct way to calculate price per square foot:
www.ehow.com/how_4475776_calculate-price-per-square-foot.html

What you do is divide the cost by the land. So:
10,000 / 166,385 = $0.06 US Cents
0.06 US cents is 0.16 EC cents.

I think you may have divided the land by the cost, which is incorrect.

**DadliMan** » 2012-07-24 11:56

166,835 sq. feet rented at US$10,000 per month cannot be EC$0.16 per sq. ft.

If the exchange rate is EC$2.7169, the price per sq. ft. is EC$6.14

**Dr. Dredd** » 2012-07-24 10:17

It is amazing how all these people who hated Stanford suddenyly want what he had.

**Ten** » 2012-07-24 09:36

0.16 ec per sq. feet ????????

**Robert H** » 2012-07-24 09:23

166,835 sq. feet and he pays $ 10,000 USD?, no wonder the liquidator sought the court intervention, this is undervalue!

**UNITED STATES** » 2012-07-24 09:20

Is that a pajama shirt Winston Derrick wearing?As long as there is a lease agreement signed by the SDC and the media group,it will stand up in court.However,a judge can rule that the entire process should be reworked by setting up an arbitrator and renegotiate the lease at a real market price.Not a sweetheart deal.

**Yikes!!!** » 2012-07-24 09:18

So he is the CHAIRMAN and yet has no idea about the lease? wow!

**Dig It** » 2012-07-24 08:58

We have some folks in this country that all of a sudden becomes "senile" when they are no longer in the Opposition! Amazing that Mr Derrick, as Chairman of OMG (Voice of the People) is not "aware" whether or not he is paying his fair share of the "lease agreement" at the Sun Building! Mr Derrick, why you are now "voiceless" on matters?

**Jackie Spense** » 2012-07-24 07:36

It is really refreshing to see Observer under the spotlight! This is truly a sign of 'free and independent media"!

Keep up the work Carib Arena...Congrat ulations!

**dave** » 2012-07-24 06:34

go derick ,a ya u from,,,i think u should pay dollar

**Get Real** » 2012-07-24 03:20

What difference does it make? Wide, **son, and the GOAB (who are somehow both independent, and in control) have made it clear that all Antiguan claims will be paid 100% first, before the victims see one cent. I doubt any money will emerge from Antigua.

"Each Embezzling, All A'Thevin'" indeed!

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