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business@tribunemedia.net

FRIDAY, AUGUST 11, 2017

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‘We need tourists to spend more money’ By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net

TOURISM Minister Dionisio D’Aguilar. Photo: Terrel W. Carey/ Tribune Staff

TOURISM Minister Dionisio D’Aguilar yesterday stressed that The Bahamas needs to get its six million annual visitors to spend more money, suggesting that a ‘radically different’ approach is needed to tourism development in the country. Mr D’Aguilar who addressed tourism stakeholders at the British Colonial Hilton yesterday admitted that it was a ‘worrisome’ fact that the higher spending stop-over visitor segment has seen very little growth over the years.

D’Aguilar targets spending by cruise ship visitors Stopover numbers down 6 per cent this year

“Stopover visitors are the most important determinant of the total spend. Our cruise ship passengers are spending $69 and our stopover visitors are spending approximately $1,500. The cruise ship passengers represent 75 per cent of our visitor arrivals yet they only represent 12 per cent of the spend. There is our See PG B2

$100 million a year cost of poaching By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMAS Commercial Fishers Alliance (BCFA) president Adrian LaRoda estimated yesterday that some $100m worth of fisheries product was being lost to poaching annually, telling Tribune Business that the issue remains the biggest challenge facing the sector. Mr LaRoda told Tribune Business : “We still lose about $20m worth of spiny lobster each year to poaching. When we look at the other marine products, all told it about $100m. People seem to forget the amount of grouper and deep water scale fish that we lose to poaching every year.” Mr LaRoda said that while the outlook for this crawfish season likely would not be made clear until month’s end, Bahamian fishermen were “optimistic” and anticipating a good season. “We are optimistic and we are

looking forward to a good season. Last year was pretty good an we are hoping for the same this year,” said Mr LaRoda. “Poaching is always and continues to be the biggest concern for us. The acquisition of new boats for the Defense Force’s fleet has helped tremendously. They have the ability to do more patrols but we would like to see them have even more assets. I believe that they are still under-equipped to do the kind of patrols we feel is adequate for our waters,” said Mr LaRoda, adding, “I think they need at least 20 vessels to adequately patrol our waters.” “They would need at any one point at least five vessels in the southern Bahamas. It is a vast area. They are doing their best and because of their presence poaching has decreased. It is not as bad as it was three years ago and poachers are taking different tactics now. We may not be able to eliminate it but we need to reduce it drastically.”

D’Aguilar urges ‘jaded’ owners to help develop harbourfront By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net TOURISM Minister Dionisio D’Aguilar revealed yesterday he is trying to engage harbourfront real estate owners over plans to develop and create economic activity in the downtown district, but acknowledged they were “very jaded” having seen repeated talks with government fall though over the years. While addressing tourism industry stakeholders at the British Colonial Hilton yesterday, Mr D’Aguilar said: “When you look at downtown Nassau and the port of Nassau, that is not something I would not necessarily be proud of. The government is seriously underresourced to correct that problem. I’m thinking that some sort of public private partnership in the management of that port is probably the best solution. Now when you come onto Bay Street, that is another issue because you have so many different owners at varying stages of wealth. Trying to get all of them

in one room to agree to do one thing is a challenge.” He continued: “In order to make Bay Street better, it needs three components, a living component, parking component and a food and beverage component. Right now, it has no parking component or living component. I’m trying to engage the owners, seven of them I believe. I’m going to start there and see if we can create economic activity and build out that space. You have to bear in mind the owners are very jaded. I have to rebuild their excitement about doing something down there.They have started and stopped so many times they are jaded about starting again. I’m working on that. That’s one of the first meetings that I had when I took office.” Back in 2014, following China State Construction’s acquisition of the British Colonial Hilton, then Prime Minister Perry Christie indicated that: “The developer has indicated its willingness to join in a public/private sector partnership with the Government and other stakeholders along Bay Street to implement an See PG B2

POACHING remains the biggest challenge facing the sector. Internet Photo

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CARNIVAL CHIEF DEFENDS TRANSPARENCY ON SPENDING Major dismisses claim Bahamas spends more than Trinidad By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net FORMER Bahamas National Festival Commission (BNFC) chairman Paul Major yesterday defended the $25m government spend on Bahamas Junkanoo Carnival, arguing that the Commission has been transparent and accountable. Mr Major yesterday responded to recent remarks by former assistant Commissioner of Police Paul Thompson, who has offered to investigate the first two Junkanoo Carnival festivals “free of charge”. Mr Thompson, a Trinidad native and long-time Bahamas resident, has queried why so much was spent on the festivals and suggested that there has been no accountability over the manner in which they were conducted. Mr Thompson also suggested that Trinidad’s  PAUL MAJOR Carnival costs far less than the one held in The Bahamas. “The BNFC has always been transparent and accountable in the manner in which it conducted its business with all accounting records and files available for full review by anyone interested in carrying out such reviews. In fact, the accounts of the BNFC are independently audited and those audit reports are also available for review at the discretion of the Government,” said Mr Major yesterday. “On the suggestion that Bahamas Junkanoo Carnival costs more than Trinidad Carnival, a google search reveals that Trinidad and Tobago Government spent over $131m over the past three years as compared with the Bahamas Government’s Carnival-related spend of approximately $25,300,000 over the same period. The Bahamas’ spend, even in start-up mode, was only 19 per cent See PG B2


PAGE 2, Friday, August 11, 2017

THE TRIBUNE

Securities chiefs pay visit to Finance Minister By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Central Securities Depository (BCSD) and The Bahamas International Securities Exchange (BISX) recently paid a joint courtesy call on the Deputy Prime Minister and Minister of Finance K. Peter Turnquest. BCSD and BISX representatives took the opportunity

to discuss critical matters related to the Bahamian Capital Markets. Minister Turnquest was joined by Simon Wilson, Financial Secretary. The BCSD delegation was led by Craig Tony Gomez, BCSD chairman, Nerika Burrows, BCSD President, along with Melissa Campbell and Alson Ferguson, BCSD assistant managers. BISX was represented by Keith Davies, BISX CEO,

Holland Grant, BISX COO and Nicholas Rees, financial consultant to BISX and BCSD. Craig Tony Gomez, chairman of BCSD, said: “We were grateful to Minister Turnquest for his kind consideration in allowing us to meet with him, to speak on matters of mutual interest, focusing on the influence that the Government has, directly and indirectly on our capital markets.”

Nerika Burrows, President of BCSD, said: “We were able to update Minister Turnquest on the activities of BCSD as it relates to our operations, international affiliations and technological improvements. BCSD currently serves as the Registrar and Transfer Agent (RTA) for the majority of public companies in The Bahamas as well as payment agent for some branches of Government debt, so

it is crucial that the Government understands our operations in its entirety.” Keith Davies, BISX CEO, said: “Governments and capital markets influence each other greatly through regulation, ease of raising funds and general investor confidence. I am grateful to Minister Turnquest for meeting with BISX and BCSD as our organisations jointly are part of the larger system

upon which the Bahamian capital markets operate. I welcome the opportunity to speak about those areas where the Government can assist the Exchange, and those areas where the Exchange can assist the Government, particularly with the listing and trading of Government securities and the Government’s future privatization plans. I look forward to more constructive discussions in the future.”

‘We need tourists to spend more money’ From pg B1 dilemma. While our numbers are growing, it’s in the cruise sector. Our stopover visitors have remained constant between 1.4-1.6 million. This is a worrying fact,” said Mr D’Aguilar. Mr D’Aguilar added: “In 2016, the decline in stopovers already began with numbers falling 0.2 per cent year-on-year. In fact, stopover numbers year-to-date are already down six per cent. Clearly, the status quo can’t remain. The stakes are very high. There is no doubt that we need a radically different approach to tourism development and we need it now. We have to figure out how to get these 6.2 million to spend more in our economy. It’s not so important to grow the number but to get more spend.” Mr D’Aguilar noted that The Bahamas witnessed ‘respectable’ 4.2 per cent growth in tourist arrivals between 1995-2011. “From 2011 to 2016, that rate of growth has slowed to 2.3 per cent which if you compare it to our Caribbean neighbours is actually almost half of the

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rate of growth happening in the rest of the Caribbean today. Caribbean tourism has grown nearly twice as fast at 4.3 per cent annual growth since 2011. We did fairly well up until 2011 but if you look at the numbers we now slowed down to 2.3 per cent,” Mr D’Aguilar noted. Still, he argued that rather than simply focus on the numbers, more focus should be placed on the economic value of visitor arrivals. “Between 20002015, our visitor arrivals have increased but the spend per visitor has actually decreased 30 per cent during the period. Our visitor arrivals are up 48 per cent but our spend is down 28 per cent. Our visitor arrivals went from 4.1 million in 2000 to 6.2 million. The average spend has decreased from $586 to $422. What’s happened is the decline in spend per visitor has significantly offset the total arrival growth the last few years. If one accounts for inflation, total tourism spend in The Bahamas has remained virtually constant since 2000,” said Mr D’Aguilar.

Carnival chief defends transparency on spending From pg B1 of what Trinidad spent over the past three years,” Mr Major added. Mr Major noted that $13.1m was spent on Bahamas Junkanoo Carnival in 2015, $8.2m in 2016 and $4m this year. “As with any other business, the initial start-up cost is high to ensure brand recognition product acceptance. Bahamian Small and Medium Businesses (SME’s) benefitted tremendously from

the Carnival as they were the major beneficiaries of the expenditure which no doubt expanded and diversified the local cultural sector,” said Mr Major. He added: “The investment was a good one which has established The Bahamas on the international calendar of festivals in a record three years. Bahamians and foreigners have embraced Bahamas Junkanoo Carnival beyond our initial expectations.”

D’Aguilar urges ‘jaded’ owners to help develop harbourfront From pg B1 overall plan for redevelopment, extending from Arawak Cay in the west to Potter’s Cay in the east.” Brent Symonette, now Financial Services, Trade & Industry and Immigration minister had previously told Tribune Business that he and his family, along with other property owners, had provided the Government with various options for the boardwalk, which is supposed to run east from the British Colonial

Hilton all the way to Potter’s Cay Dock. He warned, however, that downtown Nassau’s major property owners, his family among them, would not invest in the redevelopment of their landholdings until the Government gave them “the rules of the game”. Potential changes to height restrictions on downtown Nassau buildings is viewed as one of the impediments. Current height restrictions in the downtown Nassau area limit properties to a maximum of four storeys.

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THE TRIBUNE

Friday, August 11, 2017, PAGE 3

GOOGLE CEO PICHAI CANCELS ‘TOWN HALL’ ON GENDER DISPUTE By RYAN NAKASHIMA Technology Writer

GOOGLE CEO Sundar Pichai delivers the keynote address for the Google I/O conference in Mountain View, Calif. Pichai has canceled an internal town hall meant to address gender discrimination yesterday, after employee questions for management began to leak online from the company’s internal messaging service. (AP Photo/Eric Risberg, File)

PALO ALTO, Calif. (AP) — Google CEO Sundar Pichai has canceled an internal town hall meant to address gender discrimination on Thursday after employee questions for management began to leak online from the company’s internal messaging service. Pichai said in an email to staff that several Google employees became fearful for their safety and grew concerned about being outed for speaking up at the town hall. He said the company will aim to create several other forums “where people can feel comfortable to speak freely.” Pichai’s email was sent about an hour before the event was to start Thursday afternoon. The town hall was meant to hear out employee grievances over a flareup

that has consumed Google for much of the week. It began last weekend after engineer James Damore circulated a memo that claimed biological gender differences helped explain why women are underrepresented at the company. Google fired Damore on Monday. The engineer has claimed he had a right to voice concerns over workplace conditions and filed a labor relations board complaint prior to being fired. Google’s internal “Dory” system allows employees to ask questions and then vote on questions posed by other employees so managers can address the most pressing ones. Wired

magazine published some of the questions verbatim online Thursday. Screenshots of the questions with names attached had been leaked, although none with names had been published as of late Thursday, a Google spokeswoman said. Meanwhile, a graphic composed of the Twitter profiles of several Google employees who were gay, lesbian or transgender began to circulate online, assisted by conservative commentators such as former Breitbart writer Milo Yiannopoulos . That graphic drew hundreds of negative comments about the people and the company.

MORE UBER WOES: EXEC RESIGNS, INVESTOR SUES OUSTED CEO By DEE-ANN DURBIN Associated Press DETROIT (AP) — Uber Technologies Inc. faced a fresh round of turmoil Thursday, with its global operations chief resigning and a major investor suing the ride-hailing company’s former CEO. Ryan Graves told Uber staff in an email Thursday that he will transition out of his role as senior vice president of global operations in mid-September. Graves will remain on Uber’s board. That board — and its support for former CEO Travis Kalanick — was the subject of a lawsuit filed Thursday

in Delaware Chancery Court by Benchmark Capital Partners. Benchmark holds 13 percent of Uber’s stock. It claims Kalanick is trying to pack Uber’s board with his allies and eventually return to his post as CEO. The venture capital firm says that would harm Uber’s shareholders, employees, drivers and customers. A spokesperson for Kalanick said the lawsuit is “completely without merit and riddled with lies and false allegations.” In the lawsuit, Benchmark claims Kalanick concealed material information from investors when he created

three new board seats in 2016 and gave himself the right to appoint people to those seats. Among other things, Benchmark said, Kalanick knew Uber might be accused of stealing trade secrets from Waymo, Google’s self-driving car unit. Waymo sued Uber earlier this year. The lawsuit also says Kalanick didn’t discuss his failure to curb Uber’s pervasive culture of discrimination and sexual harassment. Kalanick resigned under pressure in June after a monthslong investigation into harassment and other behavior problems at the San Francisco-based company. But he quickly appointed

himself to one of the three board seats. The other two remain vacant. Benchmark says Kalanick has acquired “a disproportionate level of influence over the board, ensuring that he would continue to have an outsized role in Uber’s strategic direction even if forced to resign as CEO.” The firm says Kalanick has already interfered in the board’s attempts to hire a new CEO. Benchmark wants to remove the three additional seats and return the board to eight members. It’s also asking the court to prevent Kalanick from participating in board meetings.

AN UBER office in Austin, Texas. Ryan Graves, Uber’s chief of global operations, resigned and investors sued the company’s former CEO. Graves told Uber staff in an email yesterday, that he will transition out of his role as senior vice president of global operations in mid-September. That board, and its support for former CEO Travis Kalanick, was the subject of a lawsuit filed Thursday in Delaware Chancery Court by Benchmark Capital Partners. (AP Photo/Eric Gay, File)

NOTICE KRANOS LTD. ________________

NOTICE RHEA LTD. ________________

NOTICE KA LIMITED ________________

Pursuant to the Provisions of Section 138 (8) of the International Business Companies Act 2000 notice is hereby given that the above-named Company has been dissolved and struck off the Register pursuant to a Certificate of Dissolution issued by the Registrar General on the 19th day of July, 2017.

Pursuant to the Provisions of Section 138 (8) of the International Business Companies Act 2000 notice is hereby given that the above-named Company has been dissolved and struck off the Register pursuant to a Certificate of Dissolution issued by the Registrar General on the 19th day of July, 2017.

Pursuant to the Provisions of Section 138 (8) of the International Business Companies Act 2000 notice is hereby given that the above-named Company has been dissolved and struck off the Register pursuant to a Certificate of Dissolution issued by the Registrar General on the 21st day of July, 2017.

Delano Aranha Liquidator of KRANOS LTD.

Delano Aranha Liquidator of RHEA LTD.

Delano Aranha Liquidator of KA LIMITED


PAGE 4, Friday, August 11, 2017

THE TRIBUNE

FREE-SPEECH DEBATE SWIRLS AS OFFICIALS BLOCK ON SOCIAL MEDIA By BRADY MCCOMBS Associated Press SALT LAKE CITY (AP) — An emerging debate about whether elected officials violate people’s free speech rights by blocking them on social media is spreading across the U.S. as groups sue or warn politicians to stop the practice. The American Civil Liberties Union this week sued Maine Gov. Paul LePage and sent warning letters to Utah’s congressional delegation. It followed recent lawsuits against the governors of Maryland and Kentucky and President Donald Trump. Trump’s frequent and often unorthodox use of Twitter and allegations he blocks people with dissenting views has raised questions about what elected officials can and cannot do on their official social media pages. Politicians at all levels increasingly embrace social media to discuss government business, sometimes at the expense of traditional town halls or in-person meetings. “People turn to social media because they see their elected officials as being available there and they’re

hungry for opportunities to express their opinions and share feedback,” said Anna Thomas, spokeswoman for the ACLU of Utah. “That includes people who disagree with public officials.” Most of the officials targeted so far — all Republicans — say they are not violating free speech but policing social media pages to get rid of people who post hateful, violent, obscene or abusive messages. A spokeswoman for Maryland Gov. Larry Hogan called the Aug. 1 lawsuit against him “frivolous” and said his office has a clear policy and will “remove all hateful and violent content” and “coordinated spam attacks.” The ACLU accused Kentucky Gov. Matt Bevin of blocking more than 600 people on Facebook and Twitter. His office said he blocks people who post “obscene and abusive language or images, or repeated off-topic comments and spam.” Spokesmen for Utah Sen. Orrin Hatch and Rep. Mia Love, who were singled out by the ACLU, said people are rarely blocked and only after they have violated rules posted on their Facebook pages to

prevent profanity, vulgarity, personal insults or obscene comments. “We are under no obligation to allow Senator Hatch’s Facebook page to be used as a platform for offensive content or misinformation,” spokesman Matt Whitlock said. Katie Fallow, senior staff attorney at Columbia University’s Knight First Amendment Institute, which sued Trump last month, said there’s no coordinated national effort to target Republicans. The goal is to establish that all elected officials — no matter the party — must stop blocking people on social media. “If it’s mainly used to speak to and hear from constituents, that’s a public forum and you can’t pick

and choose who you hear from,” Fallow said. Rob Anderson, chairman of Utah’s Republican Party, scoffed at the notion that politicians are violating free-speech rights by weeding out people who post abusive content. “You own your Facebook page and if you want to block somebody or hide somebody, that’s up to you,” Anderson said. “Why else is there a tab that says hide or block?” Court decisions about how elected officials can and cannot use their accounts are still lacking in this new legal battleground, but rules for public forums side with free-speech advocates, said Erwin Chemerinsky, dean of the University of California-Berkeley Law School.

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL The Public is hereby advised that I, SHANIQUIE SAWYER of Smith Street, Smith’s Ville Subdivision, P.O.Box SS19720, New Providence, Bahamas intend to change my name to SHANIQUA SAWYER. If there are any objections to this change of name by Deed Poll, you may write such objections to the Chief Passport Officer, P.O.Box N-742 Nassau Bahamas no later than thirty (30) days after the date of the publication of this notice.

VIXTON INVEST LTD.

NOTICE Pursuant to the provisions of Section 138 (8) of the International Business Companies Act 2000, notice is hereby given that the abovenamed Company has been dissolved and struck off the Register pursuant to a Certificate of Dissolution issued by The Registrar General on the 1st day of August A.D., 2017.

MARKET REPORT THURSDAY, 10 AUGUST 2017

t. 242.323.2330 | f. 242.323.2320 | www.bisxbahamas.com

BISX ALL SHARE INDEX: CLOSE 1,840.22 | CHG 2.08 | %CHG 0.11 | YTD -97.99 | YTD% -5.06 BISX LISTED & TRADED SECURITIES

1000.00 1000.00 1000.00 1000.00

900.00 1000.00 1000.00 1000.00

PREFERENCE SHARES

1.00 106.00 100.00 106.00 105.00 105.00 100.00 10.00 1.01

1.00 100.00 100.00 100.00 105.00 100.00 100.00 10.00 1.01

Cable Bahamas Series 6 Cable Bahamas Series 8 Cable Bahamas Series 9 Cable Bahamas Series 10 Colina Holdings Class A Commonwealth Bank Class E Commonwealth Bank Class J Commonwealth Bank Class K Commonwealth Bank Class L Commonwealth Bank Class M Commonwealth Bank Class N Fidelity Bank Class A Focol Class B

CORPORATE DEBT - (percentage pricing) 52WK HI 100.00 100.00 100.00

52WK LOW 100.00 100.00 100.00

CAB6 CAB8 CAB9 CAB10 CHLA CBLE CBLJ CBLK CBLL CBLM CBLN FBBA FCLB

SECURITY Fidelity Bank Note 17 (Series A) + Fidelity Bank Note 18 (Series E) + Fidelity Bank Note 22 (Series B) +

SYMBOL FBB17 FBB18 FBB22

Bahamas Note 6.95 (2029) BGS: 2014-12-3Y BGS: 2015-1-3Y BGS: 2014-12-5Y BGS: 2015-1-5Y BGS: 2014-12-7Y BGS: 2015-1-7Y BGS: 2014-12-30Y BGS: 2015-1-30Y BGS: 2015-6-3Y BGS: 2015-6-5Y BGS: 2015-6-7Y BGS: 2015-6-30Y BGS: 2015-10-3Y BGS: 2015-10-5Y BGS: 2015-10-7Y

BAH29 BG0103 BG0203 BG0105 BG0205 BG0107 BG0207 BG0130 BG0230 BG0303 BG0305 BG0307 BG0330 BG0403 BG0405 BG0407

BAHAMAS GOVERNMENT STOCK - (percentage pricing) 115.92 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

104.79 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

MUTUAL FUNDS 52WK HI 2.07 3.95 1.96 170.77 146.34 1.50 1.67 1.58 1.10 6.99 8.54 6.15 10.52 11.46 10.46

52WK LOW 1.67 3.04 1.68 164.74 116.70 1.44 1.63 1.55 1.04 6.41 7.62 5.66 8.65 10.54 9.57

LAST CLOSE 4.27 17.43 9.09 3.60 1.47 0.12 3.92 8.60 6.10 9.95 10.01 2.53 1.55 6.00 9.75 7.01 10.10 7.01 12.50 10.00 1000.00 1000.00 1000.00 1000.00 1.00 100.00 100.00 100.40 100.00 100.00 100.00 10.00 1.01 LAST SALE 100.00 100.00 100.00 109.08 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

CLOSE 4.27 17.43 9.09 3.60 1.47 0.12 3.92 8.60 6.10 10.00 10.01 2.47 1.55 6.00 9.75 7.01 10.10 7.01 12.50 10.00

CHANGE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 -0.06 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1000.00 1000.00 1000.00 1000.00 1.00 100.00 100.00 100.40 100.00 100.00 100.00 10.00 1.01

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

CLOSE 100.00 100.00 100.00

CHANGE 0.00 0.00 0.00

108.79 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

-0.29 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

FUND CFAL Bond Fund CFAL Balanced Fund CFAL Money Market Fund CFAL Global Bond Fund CFAL Global Equity Fund FG Financial Preferred Income Fund FG Financial Growth Fund FG Financial Diversified Fund FG Financial Global USD Bond Fund Royal Fidelity Bahamas Opportunities Fund - Secured Balanced Fund Royal Fidelity Bahamas Opportunities Fund - Targeted Equity Fund Royal Fidelity Bahamas Opportunities Fund - Prime Income Fund Royal Fidelity Int'l Fund - Equities Sub Fund Royal Fidelity Int'l Fund - High Yield Fund Royal Fidelity Int'l Fund - Alternative Strategies Fund

VOLUME

359

1,000

VOLUME

150

36

NAV 2.07 3.95 1.96 174.30 146.25 1.50 1.63 1.58 1.08 6.92 8.03 6.15 10.52 11.46 10.01

EPS$ 0.444 0.932 -0.510 0.383 -0.340 0.000 -0.760 0.587 0.190 0.540 0.570 0.102 0.455 0.753 0.763 0.330 0.830 0.600 0.697 0.000

DIV$ 0.080 1.000 0.000 0.210 0.000 0.000 0.000 0.300 0.220 0.360 0.570 0.060 0.060 0.290 0.450 0.000 0.340 0.140 0.620 0.000

P/E 9.6 18.7 N/M 9.4 N/M N/M -5.2 14.7 32.1 18.5 17.6 24.2 3.4 8.0 12.8 21.2 12.2 11.7 17.9 0.0

YIELD 1.87% 5.74% 0.00% 5.83% 0.00% 0.00% 0.00% 3.49% 3.61% 3.60% 5.69% 2.43% 3.87% 4.83% 4.62% 0.00% 3.37% 2.00% 4.96% 0.00%

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

0.00% 0.00% 0.00% 0.00% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 7.00% 6.50%

INTEREST 7.00% 6.00% Prime + 1.75%

MATURITY 19-Oct-2017 31-May-2018 19-Oct-2022

6.95% 4.00% 4.00% 4.25% 4.25% 4.50% 4.50% 6.25% 6.25% 4.00% 4.25% 4.50% 6.25% 3.50% 3.88% 4.25%

20-Nov-2029 15-Dec-2017 30-Jul-2018 16-Dec-2019 30-Jul-2020 15-Dec-2021 30-Jul-2022 15-Dec-2044 30-Jul-2045 26-Jun-2018 26-Jun-2020 26-Jun-2022 26-Jun-2045 15-Oct-2018 15-Oct-2020 15-Oct-2022

YTD% 12 MTH% 2.34% 4.55% 0.90% 1.64% 1.21% 2.55% 3.48% 4.01% 3.17% 7.00% 2.15% 4.22% -1.93% -1.89% 0.81% 2.21% 2.28% 1.30% -1.08% 1.77% -5.96% -3.05% 1.90% 4.59% 7.24% 11.96% 2.77% 3.88% 3.94% 4.69%

NAV Date 30-Jun-2017 30-Jun-2017 30-Jun-2017 30-Jun-2017 30-Jun-2017 30-Jun-2017 30-Jun-2017 30-Jun-2017 30-Jun-2017 31-May-2017 30-May-2017 30-May-2017 30-May-2017 30-May-2017 30-May-2017

MARKET TERMS BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00 52wk-Hi - Highest closing price in last 52 weeks 52wk-Low - Lowest closing price in last 52 weeks Previous Close - Previous day's weighted price for daily volume Today's Close - Current day's weighted price for daily volume Change - Change in closing price from day to day Daily Vol. - Number of total shares traded today DIV $ - Dividends per share paid in the last 12 months P/E - Closing price divided by the last 12 month earnings

(a) Triton Asset Management Ltd., is in voluntary dissolution under the provisions of Section 138 (4) of the International Business Companies Act 2000.

EXXONMOBIL PNG LNG SERVICES LIMITED

Beatus Limited Liquidator

SYMBOL AML APD BPF BWL BOB BBL CAB CIB CHL CBL CBB CWCB DHS FAM FBB FIN FCL ICD JSJ PRE

NOTICE IS HEREBY GIVEN as follows:

Shareece E. Scott Liquidator

Dated the 8th day of August A.D., 2017.

SECURITY AML Foods Limited APD Limited Bahamas Property Fund Bahamas Waste Bank of Bahamas Benchmark Cable Bahamas CIBC FirstCaribbean Bank Colina Holdings Commonwealth Bank Commonwealth Brewery Consolidated Water BDRs Doctor's Hospital Famguard Fidelity Bank Finco Focol ICD Utilities J. S. Johnson Premier Real Estate

TRITON ASSET MANAGEMENT LTD.

(c) The Liquidator of the said Company is Shareece E. Scott of Deltec Bank & Trust Limited, Deltec House, Lyford Cay, P.O. Box N-3229, Nassau, Bahamas.

NOTICE is hereby given that in accordance with the relevant provisions of the International Business Companies Act, 2000, Vixton Invest Ltd. has been dissolved and struck off the Register according to the Certificate of Dissolution issued by the Registrar General on the 1st day of August A.D., 2017.

52WK LOW 4.01 17.43 8.19 3.50 1.39 0.12 3.80 8.40 5.83 9.46 10.00 2.18 1.50 5.80 8.75 7.01 8.10 6.60 11.93 10.00

Legal Notice NOTICE

(b) The dissolution of the said Company commenced on the 10th August, 2017 when its Articles of Dissolution were submitted to and registered by the Registrar General.

NOTICE

52WK HI 4.38 19.17 9.09 3.60 2.41 0.13 6.50 8.60 6.30 10.60 14.49 2.52 1.60 6.00 10.00 11.00 10.10 7.25 12.51 11.00

SENATE Judiciary Committee member Sen. Orrin Hatch, R-Utah, speaks on Capitol Hill in Washington. An emerging debate about whether elected officials are violating people’s free speech rights by blocking them on social media is spreading across the nation as First Amendment advocates file lawsuits or warn politicians to stop. (AP Photo/Pablo Martinez Monsivais, File)

YIELD - last 12 month dividends divided by closing price Bid $ - Buying price of Colina and Fidelity Ask $ - Selling price of Colina and fidelity Last Price - Last traded over-the-counter price Weekly Vol. - Trading volume of the prior week EPS $ - A company's reported earnings per share for the last 12 mths NAV - Net Asset Value N/M - Not Meaningful

TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-7525 | LENO 242-396-3225

Dated the 11th day of August, A.D., 2017

S.C. Darling Liquidator of EXXONMOBIL PNG LNG SERVICES LIMITED Legal Notice NOTICE

SPEYHAWK LTD. NOTICE IS HEREBY GIVEN as follows: (a) Speyhawk Ltd., is in voluntary dissolution under the provisions of Section 138 (4) of the International Business Companies Act 2000. (b) The dissolution of the said Company commenced on the 10th August, 2017 when its Articles of Dissolution were submitted to and registered by the Registrar General. (c) The Liquidator of the said Company is Shareece E. Scott of Deltec Bank & Trust Limited, Deltec House, Lyford Cay, P.O. Box N-3229, Nassau, Bahamas.

Shareece E. Scott Liquidator

NOTICE FOUR CAYS ENTERPRISES LTD. NOTICE is hereby given that in accordance with the relevant provisions of the International Business Companies Act, 2000, Four Cays Enterprises Ltd. has been dissolved and struck off the Register according to the Certificate of Dissolution issued by the Registrar General on the 20th day of July, 2017. Dated the 8th day of August A.D., 2017. Beatus Limited Liquidator


THE TRIBUNE

Friday, August 11, 2017, PAGE 5

Global stocks fall on rising unease over North Korea By YURI KAGEYAMA Associated Press

TOKYO (AP) — Escalating tensions over North Korea’s nuclear ambitions rattled investors Thursday, pulling global stock benchmarks lower. KEEPING SCORE: Germany’s DAX fell 0.7 percent to 12,068 and the CAC 40 of France lost 0.3 percent to 5,133. Britain’s FTSE 100 sank 1.1 percent to 7,414. Futures pointed to further declines on Wall Street, with S&P 500 futures down 0.4 percent and Dow futures falling 0.3 percent. NORTH KOREA: President Donald Trump warned North Korea of “fire and fury” this week in response to recent threats from Pyongyang, which said it was examining plans for attacking Guam, a U.S. territory in the Pacific with a military base. Trump’s comments followed reports the North has mastered a

technology needed to strike the United States with a nuclear missile. THE QUOTE: “Riskaverse sentiment is dominating global equities markets, and U.S. indices have retraced from record levels over the last two days. Although it is considered highly unlikely that this tension will escalate into a nuclear war, the market still needs to see how President Trump will eventually deal with his advocating ‘fire and fury’ against North Korea’s threat,” said Margaret Yang Yan, market analyst at CMC Markets Singapore. ASIA’S DAY: Japan’s benchmark Nikkei 225 inched down less than 0.1 percent to finish at 19,729.74. Australia’s S&P/ ASX 200 edged down nearly 0.1 percent to 5,760.90, while South Korea’s Kospi fell 0.5 percent to 2,357.84. Hong Kong’s Hang Seng dipped 1.1 percent to 27,444.00. The Shanghai

Composite slipped 0.4 percent to 3,261.75. JAPAN MACHINERY DISAPPOINTS: Orders for machinery in June, considered a leading economic indicator, were slower than analysts had forecast and at their weakest since May 2016. Orders fell 4.7 percent from the previous quarter in April-June, suggesting demand is weaker than expected, though economists say the outlook for coming months is more upbeat. ENERGY: Benchmark U.S. crude gained 39 cents to $49.95 a barrel in electronic trading on the New York Mercantile Exchange. It added 39 cents to $49.56 a barrel overnight. Brent crude, used to price international oils, added 59 cents to $53.29. CURRENCIES: The dollar slipped to 109.78 yen from 110.06 late Wednesday in Asia. The euro fell to $1.1728 from $1.1757.

US weekly requests for jobless aid up 3,000 to 244,000 WASHINGTON (AP) — More Americans applied for jobless aid last week. Despite the small increase, the number of people seeking benefits remained close to historic lows. THE NUMBERS: Weekly unemployment applications rose by 3,000 to a seasonally-adjusted 244,000, the Labor Department said Thursday. The less volatile four-week average declined 1,000 to 241,000. The number of people collecting unemployment benefits has fallen 8.8 percent over the past 12 months to 1.97 million.

THE TAKEAWAY: The job market appears solid as the U.S. enters its ninth year of recovery from the Great Recession. Employers are holding onto workers with the expectation that business will continue to improve. Jobless claims — a close indication of layoffs — have come in below 300,000 for 127 weeks in a row. That’s the longest such stretch since 1970, when the U.S. population was much smaller. The unemployment rate has fallen to a 16-year low of 4.3 percent. The government’s report for July,

issued last week, showed that U.S. employers added 209,000 jobs. A particular bright spot is the fact that more Americans are coming off the sidelines and finding jobs. KEY DRIVERS: The economy revved up this spring after a weak start to the year, fueled by a surge in consumer spending. The gross domestic product, the economy’s total output of goods and services, expanded at a 2.6 percent annual rate in the AprilJune quarter. That’s more than double the revised 1.2 percent in the first quarter.

A MAN looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo yesterday. Asian stocks were mostly lower in Thursday trading, as investors began to digest worries over the escalating tensions caused by North Korea’s nuclear ambitions. (AP Photo) This year, the economy is expected to grow at about 2 percent. That would be roughly in line with annual gains seen during the recovery. Consistent hiring has helped sustain the gradual recovery, although the expansion is starting to show its age as the pace of job gains has slowed this year. Despite the steady strengthening of the job market, the Federal Reserve has yet to see inflation return to desired levels, so it’s left its key interest rate unchanged for now.

Wanted Full time boat captain

for fishing, live aboard option is available. Must also be a handyman with plumbing, electrical work and carpentry expertise. Position is full time and may include travel during the summer. Salary based upon ability as well as experience.

Interested persons may apply to: ghanna@sterlinggloballtd.com

Luxury Resort looking for a skilled HR Officer who will recruit, support and develop talent through developing policies and managing procedures. If you are passionate about HR and highly efficient, give us a chance to meet you. We expect you to have knowledge of various HR functions. We want to see a committed approachable individual and be impressed with your character and skills. Responsibilities include: • Support the development and implementation of HR initiatives and systems • Be actively involved in recruitment by preparing job descriptions, posting ads and managing the hiring process • Develop training and development programs • Assist in performance management processes • Support the management of disciplinary and grievance issues • Maintain employee records (HRIS) • Prepare and analyse reports for executive management Requirements • Proven experience as HR officer, HRIS Administrator or other HR position • Knowledge of HR functions (pay & benefits, recruitment, training & development etc.) • Understanding of labour laws and disciplinary procedures • Proficient in MS Office ; knowledge of HRIS is a plus • Outstanding organizational and time-management abilities • Excellent communication and interpersonal skills • Problem-solving and decision-making aptitude • Strong ethics and reliability

Please submit resume to albanyHR@albanybahamas.com by Friday, August 16th, 2017.


PAGE 6, Friday, August 11, 2017

STUDY FINDS TRUMP ACTIONS TRIGGER HEALTH PREMIUM HIKES FOR 2018 By RICARDO ALONSOZALDIVAR Associated Press

WASHINGTON (AP) — The Trump administration’s own actions are triggering double-digit premium increases on individual health insurance policies purchased by many consumers, a nonpartisan study has found. The analysis released Thursday by the Kaiser Family Foundation found that mixed signals from President Donald Trump have created uncertainty “far outside the norm,” leading insurers to seek higher premium increases for 2018 than would otherwise have been the case. The report comes with Republicans in Congress unable to deliver on their promise to repeal and replace the Obamaera Affordable Care Act. Trump, meanwhile, insists lawmakers try again. The president says “Obamacare” is collapsing, but he’s also threatened to give it a shove by stopping billions of dollars in payments to insurers. Some leading Republicans are considering fallback measures to stabilize markets. Researchers from the Kaiser foundation looked at proposed premiums for a benchmark silver plan across major metropolitan areas in 20 states and Washington, D.C. Overall, they found that 15 of those cities will see increases of 10 percent or more next year. The highest: a 49 percent jump in Wilmington, Delaware. The only decline: a 5 percent reduction in Providence, Rhode Island. About 10 million people who buy policies through HealthCare.gov and staterun markets are potentially affected, as well as another 5 million to 7 million who purchase individual policies on their own. Consumers in the government-sponsored markets can dodge the hit with the help of tax credits that most of them qualify for to help pay premiums. But offmarketplace customers pay full freight, and they face a second consecutive year of steep increases. Many are self-employed business owners. The report also found that insurer participation in the ACA markets will be lower than at any time since “Obamacare” opened for business in 2014. The average: 4.6 insurers in the states studied, down from 5.7 insurers this year. In many cases insurers do not sell plans in every community in a state. The researchers analyzed publicly available filings through which insurers justify their proposed premiums to state regulators. To be sure, insurers continue to struggle with sicker-than-expected customers and disappointing enrollment. And an ACA tax on the industry is expected to add 2 to 3

percentage points to premiums next year. But on top of that, the researchers found the mixed signals from the administration account for some of the higher charges. Those could increase before enrollment starts Nov. 1. “The vast majority of companies in states with detailed rate filings have included some language around the uncertainty, so it is likely that more companies will revise their premiums to reflect uncertainty in the absence of clear answers from Congress or the administration,” the report said. Once premiums are set, they’re generally in place for a whole year. Insurers who assumed that Trump will make good on his threat to stop billions in payments to subsidize copays and deductibles requested additional premium increases ranging from 2 percent to 23 percent, the report found. Insurers who assumed the IRS under Trump will not enforce unpopular fines on people who remain uninsured requested additional premium increases ranging from 1.2 percent to 20 percent. “In many cases that

“There was a philosophy in some circles that if you can’t pay for it, you don’t get it” means insurers are adding double-digit premium increases on top of what they otherwise would have requested,” said Cynthia Cox, a co-author of the Kaiser report. “In many cases, what we are seeing is an additional increase due to the political uncertainty.” That doesn’t sound like what Trump promised when he assumed the presidency. In a Washington Post interview ahead of his inauguration, Trump said, “We’re going to have insurance for everybody.” “There was a philosophy in some circles that if you can’t pay for it, you don’t get it,” he added. “That’s not going to happen with us.” People covered under Obama’s law “can expect to have great health care,” Trump said at the time. “It will be in a much simplified form. Much less expensive and much better.” But the White House never produced the health care proposal Trump promised. And the GOP bills in Congress would have left millions more uninsured, a sobering side-effect that contributed to their political undoing. The Trump administration sidestepped questions about its own role raised by the Kaiser study.

PRESIDENT DONALD TRUMP, accompanied by Vice President Mike Pence, Health and Human Services Secretary Tom Price, and others, speaks about healthcare, in the Blue Room of the White House in Washington. A study by a nonpartisan group says the Trump administration’s own actions are triggering double-digit premium increases on individual health insurance policies purchased by millions of consumers. (AP Photo/Alex Brandon, File)

THE TRIBUNE

PUBLIC NOTICE REAL ESTATE BOARD LICENSED BROKERS/SALESMAN/APPRAISERS/DEVELOPERS The Public is notified for general information that the following persons have renewed their licenses as of January 1st, 2017. These licenses are valid until December 31, 2017. The public is advised that the list of names below include registered, licensed members of The Bahamas Real Estate Association. The public is further advised that only licensed real salesmen and brokers are legally permitted to conduct the business of real estate in The Bahamas. First

Helen Neil Michaud Beryl Christopher Antoine Ethan W. Hazel Greg Mark William (Bill) Samara Christopher Roy-Anne Michelle Sarah Margo Carl Felicia L Clara Jennifer Alexander C. Dale Pauline Mackenson Sonya Christopher Christopher Silvina Paul D. Raymond Linda Kim V. Shelly Chakita Christopher M. Anthony F. Floyd Q. Eartha Robert Paula Peter Brian Marilyn Angelika Dominic A. Mario Scott Roy E. Nakira Mikhail D. Tracey Kevin L. Deborah Sebastian Sebastian Nicholas C. Luicito Lorraine Rowan Charles J. Leroy Pauline O. Allan Andrew James C. Gilbert Jane-Michele Patrick J. Anne John F. Erin Bryant Wilshire Godfrey Francis Patricia Jeffrey B. Wendie F. Suzanne J. Leon Nikki Di Sheng Diane Brian Katherine A. Link Bursell R. Joan Tonielle Trevor Keva J Barbara Monica O. Jaimie Ashley Geoffrey Geoffrey G. Robin B. Brittany Andrea G. Garth H. Jolika F. Hugh Giselle Elvis Shelley Monalisa Eli Faye George Andrew B. El’Dora Faith Clement Jerry Sara Jason Carlyle Shamon Michelle Garneth Albert Lindsey Arlington Carla Mario A. Frank C. Paul H. Andrew Heather Levant Sasha Denise Donald K. Charles E. Bradley Trevor L. Wayne Arnold Bryce Ridley Rudolph A. Shirley Lisa M. Mark Harcourt Charles Brent C. Clinton Steven Cheryl D. Steven L. Kristin John I. Shane Donald Terrol Chavaz Gilbert Monique Robin Christopher Anna Kenneth Simon Salome Francis Lazar Sonia

Last

Aaron-Dupuch Aberle Abraham Adams Adderley Adderley Adderley Adderley-Fox Ageeb Ageeb Albury Albury Albury Albury Albury Albury Albury Albury Albury Alcime Alexiou Alexiou Allen Allen-Dean Altidor Alvino Anand Anand Andrews Antonas Antonio Aranha Aranha Archer Archer Armaly Armbrister Armbrister Arnold Collie Arthur Auberg Auberg Austin Ayearst-Hartley Bacchus Bain Bannister Barnes Barnett Barnett Barone Bastian Bastian Bastian Bastian Bates Bazard Beauregard Beede Bell Beneby Benjamin Berlanda Bernard Besing Bethel Bethel Bethel Bethell Bethell Bethell Bethell Bethell Bethell Birch Birch Bishop Black Blaiweiss Boeuf Bowe Bowe-Pindling Bowers Bowers Bowleg Bradshaw Braithwaite Brancaccio Bridgewater Bridgewater Brooks Brown Brown Brown Brown III Brown Jr. Brownrigg Brownrigg Brownrigg Buckner Buckner Buckner Bullard Bullard Bullard Bullard Burrows Burrows Burrows Butler Butler Butler Butler Callender Callender Campbell Campbell Campbell Campbell Campbell Cancino Capron Card-Stubbs Carey Carey Carey Carey Carey Carey Carey Carey Carey III Carey, Jr. Cargill Cargill Cargill, Jr. Carroll Carroll Carroll Carroll Carroll Carter Carter III Cartwright Cartwright Cartwright Cartwright BRI., Cartwright Williams Cash Cash Cash Cash Cassar Cassar Casseus Cates Cates Cathopoulis Chaplin Chappell Charles Charlton Chipman

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EE-17823 AB-20106 N-1062 N-4575 General Delivery CR 56766 Suite #720 SP-60673 N-8164 SS-6193 SS-5931 AB-20404 CB-11911 General Delivery FH-14293 N 8164 EL 27488 AB-20123 SS-6938 N-1062 CB-56766 EL 27045 EL 27045 CB-13316 N-540 SP-64185 AP 59223-317 SP-63158 SP-63158 N-113 N-1132 CR 56766 Suite 720 CB-11853 SS 6193 SS-5762 N-3180 SS-19085 General Delivery EX-29034 F-41764 General Delivery N-8877 N-8877 N-1132 SS-5244 Generla Delivery CB- 11605 GT-2032 N-8189 N-1062 EE-15240 CB-13443 CB-10119 SS-19086 SS-19086 N 7776 N 555 EL-27600 DC-30687 F-40962 N-7655 SS-19337 N-1130 CB-12762 Suite2207 N 4825 N-7320 AB-20521 EL-25025 N-7061 N-1130 N-1940 N-8485 EL 29955 N-4491 SS-19085 P.O.Box FC 23311 AB 20771 N-8233 N-4825 SS-6193 N-1132 N-7815 N-7776 N-7776 SS-19337 N-1404 EL-25148 N-1062 N-8244 N-1062 N-4646 N-1110 N-7113 N-1110 N-1110 N-1132 N-1132 SS-6299 CB13500 CB-13500 CB-13500 N-7007 CR-56600 N-1062 SS-5362 SP-64205 CB 13155 CR56766, Suite 720 N-7655 F-44646 GT-2615 EL-27235 SP-63158 SP-63158 CB-12675 N-8164 CB-13316 General Delivery N-1649 N 1132 N--3611 CB-13304 CR56766 Suite720 N-4764 CB-11556 N-4764 CB-11141 CB-11741 SP-63158 E E 16275 EL-27139 SS-6650 CB-13484 CB-13484 CB 11606 N-732 SS 6193 AB-20378 SS 5052 CR-56766 SS-6481 AB-20900 N 4949 N-7453 CR 55257 AB-20900 AB-22212 N-10149 N-8245 SB 52567 SS-19246 N-1062 SS-5482 General Delivery N-4277 N-531 CR-13647 N- 1062 SS-6193 GT-2078

Town/District

Nassau Marsh Harbour Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Marsh Harbour Hope Town Man-O-War Cay Nassau Nassau Spanish Wells Marsh Harbour Nassau Nassau Nassau Harbour Island Nassau Nassau Nassau West Bay Street Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Fernandez Bay Nassau Freeport Governor’s Harbour Nassau Nassau Nassau Nassau Governor’s Harbour Nassau Nassau Nassau Nassau Nassau Nassau Gregory Town Nassau Nassau Nassau Nassau Nassau Spanish Wells Salt Pond Freeport Nassau Nassau Nassau Nassau Nassau Nassau Marsh Harbour Governor’s Harbour Nassau Nassau East Bay Street Nassau Palmetto Point Nassau Nassau Fresh Creek Marsh Harbour Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Governor’s Harbour Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Guana Cay Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Tarpum Bay Nassau Nassau Freeport Nassau Harbour Island Nassau Nassau Nassau Nassau Nassau Nicholl’s Town Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Harbour Island Nassau Nassau Nassau Marlborough Str. Nassau Nassau Nassau Treasure Cay Nassau Nassau Nassau Marsh Harbour Nassau Nassau Nassau Marsh Harbour Treasure Cay Hope Town Nassau Nassau Nassau Nassau Nassau Nassau Rock Sound Nassau Nassau Nassau Nassau Nassau Nassau

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THE TRIBUNE

Friday, August 11, 2017, PAGE 7 PUBLIC NOTICE - REAL ESTATE BOARD LICENSED BROKERS/SALESMAN/APPRAISERS/DEVELOPERS

First Charles A. Cara Diane John W.C. William McPh. Gavin Steffan P. Cheslie Donald Tara Christopher Raymond Craig Samuel Douglas Anthony Theofanis Arthur Samira Gregory Margot John Charlotte Penny Paul Dario Clarence Kevin J. C. Kenneth Audrey Kent Joseph R. Darvin Terez Dwayne George Nicholas Nicholas Dennis Christopher E. Suzette Donna M. Paul C. Valerie Julie Angela Ambrose B. Donna Katera Lamond Dolly John Linda Rudolph Jonathan Marcella Nicholas Richard C. Judy E. Darnette Jacob S. Sarah Guerda Samia Steve Tamara D. Robert Marcia William Othniel Adam Peter M. Karen Valderine Patricia E. Cheryl Kingsley E. Allan Linda Garnett L. Cathryn Ritchie Roshanne Adell Jennifer E. Christopher Tyrell Perry Rothia Glenn Cecil C. Tenecia Byron Abigail F. Jonathan A. Ruth Tiffany Bradley Joerg Peter Godfrey Raylene Tina Alexandrea Calrissen L Charlene Steve Donna Cristobal Gregory P. W. Carver Glena Nakeisha William Brooke Dolly Carolee Stuart Chris Raquel Lakeisha Bishop Walter S. Aubrey P. Brian K. Willis L. Godfrey Cheryl M. Randy J. Garren A. Charles C Gennyne Gaydene Gustaf Christopher Jerlean Lauren Brianna Dudley Lydia Margo P. Philip Taryn Ann Marie Diane Brandon Wilfred Boguslawa Priscilla B. Adama Judith Maxine Mark Marcus Nakia Sally D. Sharmaine Templeton Demetri Vanessa Carl Christian Dena L. Desiray Kirk Stephen Jack Deron Steven Harold Wendy A. Josefina Trevor W. Stephen Shayne Ingrid Lonnie Troy Jennie Chevez David Kiara Ashton Advara Alexander Jacquelyn L. D Patricia Dale Andrew Phillip Jennifer Anne Kim Laura

Last Christie Christie Christie Christie Christie Christie Christie Churchill Claridge Claridge Claridge Clarke Cleare Cleare Cochinamogulos Colebrook Coleby Collie Constantakis Constantakis Constantakis Costain Cowderoy Cox Cox Cross Culmer Culmer Culmer Curry Curry Curry Daley Damianos Damianos Darling Darville Darville Darville Darville Darville Darville Darville Davis Davis Davis Davis Dawkins Deal Dean Dean Dean DeGregory Delaney Demeritte Deveaux Deveaux Disston Disston Dolce-Culmer Donaldson Donovan Dorsett Dorsett Duncan Duncombe Duncombe Duncombe Dupuch Duvalier Edgecombe Edgecombe Edgecombe Edgecombe, Jr. Edigio Eldon Ellis Evans Eyma Eyma Farquaharson Farrington Farrington Ferguson Ferguson Ferguson Ferguson Ferguson Ferguson Ferguson Ferguson Ferguson Forbes Forbes Fox Friese Galanos Gardiner Gardiner Gascoigne Gatis Davis Gibbs Gibson Glasgow Glinton Gomez Graham Grant Gray Gray-Wallace Green/Replay Greene Griffin Halbert Halbert Hall Hall Hamilton Hanchell, JP Hanna Hanna Harding Harding Harding-de Goioechea Hart Hepburn Hepburn Hepburn Hepburn-McClain Hernqvist Herrod Hield Higgs Higgs Higgs Hill Hillhouse Hillier Hinsey Holowesko Hall Holowesko-Dunkley Honkofsky Horton Horton Hudson Hunt Hurlock Hussey Hussey Hutcheson Hutcheson Hutcheson Hutcheson Hutchinson Huyler Ifill Illing Ingraham Ingraham Ingraham Isaacs Isaacs Johnson Johnson Johnson Johnson Johnson Johnson Johnson Johnson Johnson Johnson Johnson-Ramirez Johnstone Jones Jones Joos Jupp Kemp Kemp Kemp Kemp, II Kettel Kikivarakis Kimble

Category Broker/Appraiser Broker Broker Broker/Appraiser Salesman/Appraiser Salesperson Salesperson Salesperson Salesperson Salesperson Developer Salesperson Broker/Appraiser Salesperson Salesperson Broker/Appraiser Salesperson Broker/Appraiser Broker/Appraiser Salesperson Salesperson Salesperson Salesperson Salesperson Broker Broker Broker/Appraiser Salesperson Salesperson Salesman/Appraiser Salesperson Salesperson Broker Broker Salesperson Broker/Appraiser Broker Salesperson Salesperson Broker Salesperson Salesperson Salesperson Broker Salesperson Salesperson Broker Broker Salesperson Salesperson Broker Broker Salesperson Salesperson Broker Broker Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesman/Appraiser Salesperson Salesperson Broker/Appraiser Broker Broker Broker Salesperson Broker Broker Salesman/Appraiser Broker/Appraiser Salesperson Salesperson Salesperson Salesperson Salesperson Broker Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Developer Broker/Appraiser Salesperson Salesperson Developer Salesperson Salesperson Salesperson Broker Salesperson Salesperson Broker Broker/Appraiser Salesperson Salesperson Developer Salesperson Salesperson Salesperson Broker Salesperson Salesperson Salesperson Broker Broker Salesperson Broker/Appraiser Broker Salesperson Developer Broker Salesperson Salesperson Salesperson Salesperson Broker Broker Salesman/Appraiser Salesperson Developer Salesperson Salesperson Salesperson Salesman/Appraiser Broker Salesperson Salesperson Broker Salesperson Broker Salesperson Broker Salesperson Salesperson Salesperson Salesperson Broker/Appraiser Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Broker Salesperson Broker/Appraiser Broker Broker Broker/Appraiser Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Developer Salesperson Broker/Appraiser Salesperson Salesperson Broker Salesperson Salesman/Appraiser Salesperson Salesperson Broker/Appraiser Broker/Appraiser

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Town/District Nassau Nassau Nassau Nassau Nassau Nassau East Bay Street Freeport Green Turtle Cay Green Turtle Cay Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau George Town, Nassau Nassau Nassau Nassau Freeport Nassau Lyford Cay Tarpum Bay Tarpum Bay Tarpum Bay Nassau Guana Cay Nassau Nassau Nassau Nassau Nassau Nassau Nassau Hope Town Freeport Nassau Nassau Governor’s Harbour Palmdale Nassau Nassau Nassau Freeport/Lucaya Nassau Nassau Nassau Nassau Harbour Island Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Freeport/Lucaya Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau West Bay Street Nassau Nassau Nassau Marsh Harbour Marsh Harbour Nassau Green Turtle Cay Freeport Nassau Nassau Nassau Nassau Nassau East Bay Street Nassau Nassau Governor’s Harbour Nassau Nassau Stella Maris Nassau Nassau Freeport Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Freeport/Lucaya Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Governor’s Harbour Salt Pond Salt Pond Salt Pond Nassau Nassau Nassau Nassau Nassau Nassau Nassau Freeport Great Harbour Cay Marsh Harbour Abaco Abaco Nassau Nassau Nassau Nassau Lyford Cay Nassau Nassau Nassau Nassau Nassau Jimmy Hill Nassau Nassau Nassau Nassau Nassau Nassau Nassau Tarpum Bay Nassau West Bay Street Nassau Nassau Nassau Nassau Nassau Nassau Nassau Lyford Cay Freeport Nassau Nassau Nassau Spanish Wells Nassau Nassau Nassau Guana Cay Freeport Freeport/Lucaya Nassau Nassau Rock Sound Nassau Georgetown Nassau Georgetown Nassau Nassau

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TOSHIBA Corp. President Satoshi Tsunakawa arrives for a press conference.

TOSHIBA GETS AUDITORS’ SIGNOFF, AVOIDING DELISTING FOR NOW By YURI KAGEYAMA Associated Press

TOKYO (AP) — Auditors signed off, belatedly, on Toshiba Corp.’s earnings Thursday, meaning the embattled Japanese electronics and nuclear company will likely avert delisting, for now. But the auditors, PriceWaterhouseCoopers Aarata, cautioned about remaining risks in a separate statement. The approval had not come on schedule because of concerns about Toshiba’s money-losing nuclear business in the United States. Toshiba’s U.S. nuclear unit, Westinghouse Electric Co., filed for bankruptcy protection in March. Reactors that Westinghouse was building there were behind schedule, partly because of beefed-up safety regulations following the 2011 Fukushima nuclear disaster. Westinghouse’s reactor projects in South Carolina were abandoned earlier this month after the towering costs were weighed. Toshiba is still mired in legal wrangling with joint venture partner Western Digital of the U.S., which is opposing Toshiba’s attempt to sell its computer memory chip business to gain the cash it needs to survive, and has taken legal action. Thursday was the deadline for the auditors’ approval. It had released preliminary earnings earlier, without the approval, to stave off delisting, though the company was later moved to the Tokyo Stock Exchange’s second section from its first section. “Our earnings have now been normalized,” Toshiba President Satoshi Tsunakawa told reporters. He reiterated the company was working hard to revive itself and regain value for shareholders. He said no additional losses were expected related to its U.S. nuclear business, after the bankruptcy filing and other settlements it has reached there. He said Toshiba was still in talks with various partners on the memory chip sales, while declining to comment in detail on why

the agreement was being delayed. He acknowledged major obstacles remained, but stressed he was determined to go through with a sale. Thursday’s auditors’ approval came after a seven-month investigation into the issues raised by the auditors, centered on whether Toshiba had known in advance the subsequent losses that emerged related to Westinghouse’s acquisition of CB&I Stone & Webster, a nuclear construction and services business. Tsunakawa said he stood behind the decision, although he acknowledged more due diligence might have been needed and the company intended to beef up its risk management. The investigation included widespread interviews and checking into emails, according to Toshiba. Toshiba reported a 965.7 billion yen ($8.8 billion) loss for the fiscal year through March Thursday, worse than the 460 billion yen loss racked up the previous fiscal year, and similar to what it had reported before. It had earlier warned such losses might balloon to nearly 1 trillion yen ($9 billion), and had given similar figures for the earnings. Toshiba also reported first quarter earnings Thursday, a return to profit April-June at 50 billion yen ($458 million) after Westinghouse was removed from Toshiba’s books. Toshiba — whose sprawling business included everything from TV sets to high-speed trains — still faces the daunting responsibility of keeping under control and decommissioning the Fukushima Dai-ichi nuclear plant. Three reactors there suffered meltdowns after a massive earthquake and tsunami in northeastern Japan in 2011. Toshiba said, for the quarter through March, it marked solid profit in its memory chip and energy businesses. But if a sale goes through, the revenue and profit from the chip business will be retroactively deducted from its books for the fiscal year.

TOSHIBA Corp. President Satoshi Tsunakawa speaks during a press conference at the company’s headquarters in Tokyo yesterday. (AP Photos/Shizuo Kambayashi)


PAGE 8, Friday, August 11, 2017

STUDY: FINES FOR ILLEGAL POLLUTION PLUMMET UNDER TRUMP By MICHAEL BIESECKER Associated Press WASHINGTON (AP) — Fines for illegal pollution have plummeted under President Donald Trump, according to analysis by an environmental advocacy group. The Environmental Integrity Project looked at that civil penalties paid by polluters during the first six months under Trump. The group published an analysis Thursday that found penalties were less than half their levels under each of the past three presidents. The analysis found that Trump’s Justice Department settled 26 civil cases against companies over environmental violations, totaling $12 million in penalties. That’s a 60 percent drop on average from comparable time periods under presidents Barack Obama, George W. Bush or Bill Clinton, even before adjustments for inflation. Besides reaching fewer settlements, the group said, environmental offenders also were required to perform less cleanup under Trump and make smaller reductions to future pollution. A spokesman for the Justice Department said Thursday it continues to “vigorously enforce” environmental laws. The report’s authors cautioned that six months represent only an eighth of a presidential term but said the early news is neither encouraging nor

surprising. Trump and his Environmental Enforcement Agency chief, Scott Pruitt, have complained that federal regulations are often too onerous and stifle the growth of American businesses. “President Trump campaigned on a promise of ‘law and order,’ but apparently law enforcement for big polluters is not what he had in mind,” Eric Schaeffer, executive director of the Environmental Integrity Project, said in a statement. He previously served as director of EPA’s civil enforcement office under both Clinton and Bush. “If this drop-off in environmental enforcement continues, it will leave more people breathing more air pollution or swimming in waterways with more waste,” Schaeffer said. Under the first six months under Obama, the Justice Department brought 34 civil cases for violations of the Clean Air Act, the Clean Water Act and other federal environmental laws, with polluters agreeing to pay $36 million in penalties. Bush logged 31 cases with $30 million in penalties, while Clinton accounted for 45 cases with $25 million in penalties. The group did not include settlements for pollution cleanups agreed to as part of the federal Superfund program, cases that can often drag on for decades. The comparison between presidential administrations is more stark when figures are adjusted for inflation.

A PORTRAIT of Niels B. Christiansen. Danish toy company Lego has appointed Christiansen, who headed thermostat-maker Danfoss for nine years, as its chief executive. (Marcus Trappaud Bjoern/AP via ritzau, File)

Lego appoints new CEO to replace interim boss COPENHAGEN, Denmark (AP) — Danish toy company Lego has appointed Niels B. Christiansen, who headed thermostat-maker Danfoss for nine years, as its chief executive. Christiansen replaces Bali Padda, who took over as interim CEO in January. Padda will hold a “special advisory” role within the group. Chairman Joergen Vig Knudstorp said Thursday that said Christiansen, 51, will start Oct. 1. Lego said Christiansen became chief executive of Danish audio solutions maker GN Netcom at the age of 33, and joined the family-owned Danfoss in 2004. He became its head four years later, a job he held until June. “He transformed a traditional industrial company into a technology leader,” said Vig Knudstorp — a former Lego CEO himself — adding he was confident

the toymaker “will continue to flourish” under Christiansen. In March, Lego said its 2016 revenue grew 6 percent to 37.9 billion kroner ($6 billion), the highest figure in the company’s 85-year history. The privately held group’s net profit rose to 9.4 billion kroner ($1.5 billion). Padda, a 61-year-old India-born Brit and Lego’s former chief operations officer, was only considered a temporary CEO. In a statement, Vig Knudstorp said the transition to find a new CEO “occurred more rapidly” than anticipated. Padda, who joined Lego in 2002 in Enfield, Connecticut, was praised by Vig Knudstorp, who said Padda “played an integral role in the turnaround of the Lego Group and during his time as CEO created a solid foundation from which to continue to transform the company.”

THE TRIBUNE PUBLIC NOTICE - REAL ESTATE BOARD LICENSED BROKERS/SALESMAN/APPRAISERS/DEVELOPERS First Jason Sherry Kally Rudolph Craig Linda Olivea Danielle R. Henry Aaron Franklyn Warren W. Sandra P. Jeannette Iola Monica Allysan Judith Ryan Joicelyn Shannon Gina L. Marissa Lacharah David A. Mark A. Reneika D Janae C Vicky M. Kerrie Sherrie Malik Spencer Donna Caryl Brett Andre W. Jasmine Roger Allison S. Prince Colin Christopher E. Chris J Michael Edwin Heather Bertram E. Hollis Royaural Hartman Patricia Paul K.C. Daniel Christopher Elmer I G Analia Daniel Robyn David A. Christian A. Elizabeth Chanelle A. Catherine Andrew A. Neil A. Daphne Joseph F. M. L Rashad Mervyn James Kennedi Spencer Kristina Tanya Garry R. Donald P. Michelle Carmen G. Jorge Eugene-Gino Jason Sean Mary Paige Dave Alex Harry Jacqueline H. Giselle Antoinette Tamina C. D. Neil Samone Dorothy Martina Johnelle Kurt Junior Anthony Irene Nicholas Anthony Bernadette H.J. Bradley Glenn Winifred Silbert Desaree Erica Edward A. Oliver J.C. James S. David G. David F. Bianca Jonathan P. Celeste Henry Neville Emmanuel Nicolas E.P. Maria M. Michael N. James George Deanna Charles Marcus W. Gevon Joel Birgirtha Debra Mark Gregory Lana Sarah L. Cristina Allan J. Kristina A. Anthony Dominique Osano Theo Sean Ohmar Melissa Cindy Ed Eric Phillippa Keith Celeste John Marc Eugenie Marie Andrew G. S. Coretta Chandra Sara Victoria Helena Jane Victor KerryAnn Jackswell Charles Miguel Audley Chiara Anastazia Keith Jessica John Norma Percival R. Dana Rachel K. Leslie Aurelius Craig Denise Candida Holly Sheldon James Christopher Elizabeth Sophia Vincent Donovan Vanessa Eva Marie Lana Kyla Emmanuel

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THE TRIBUNE

Friday, August 11, 2017, PAGE 9 PUBLIC NOTICE - REAL ESTATE BOARD LICENSED BROKERS/SALESMAN/APPRAISERS/DEVELOPERS

First Last Donna E. Rees Melanie Rees James Rees Martina Reichardt-Strachan Aubynette Rigby-Clarke Paula Cindy Ritchie Paul G. Ritchie Alva Ritchie Justin Ritchie Kimra Ritchie-Johnson Melissa T. Ritchie-Wilkinson Christopher Roberts Molly Roberts W. Larry Roberts Gregory Roberts Mark M. Roberts Tyrone J. Roberts Richard Montague Roberts Joseph John Roberts Marcellus S Roberts Michael A. Roberts Krystle Rodgers Tim Rodland Anton Rodrigues Alvan K. Rolle Pedro D. Rolle Guido O Rolle Katherine Ann Rose Bruce Rowan Wendy Rowe Naisha Russell June Russell Eric Russell Phillice E Russell Nadia Russell Christopher K. Russell Katherine Russell Patrick B. Rutherford Sarah Sams Mailin Sands Thomas A. Jr Sands Darrin Sands William Christopher Sands Yvette Sands Janice Sands Telesha Sands-Pinder Maria Santillo-Silvester Esther Sargent Nikolai Sarles James Sarles Sara Saunders Chad W. Sawyer Richard W. Sawyer Stan Sawyer Elaine Sawyer Faron Silbert Sawyer Dwight Sawyer Nikolai Sawyer Betty Schmid Katina Schopper Laurie Schreiner Bernadette Scott Sylvia E. Scriven Garthia Seyfert Wendell E. Seymour Daren Seymour Andrew J. Seymour Jr. Cara Seymour-Collie Nikhil Shah Heath Shelton Owen P. Shepard Natasha Antoinette Shephard Caron Shepherd Ina Simmons Lester Smith Vernal P. Smith Bruce Smith Anne I. Smith Cecil Smith Timothy Smith Neville Smith Tiffany Smith Maureen Smith Marsha Smith Jill Smith Philip Smith Reginald Smith Alvin A. Smith Laura Smith Keaneirha Smith Julian A. Smith Roy Solomon Martin Solomon Shawne K Springer Michelle Stevenson Patrick Stevenson Ayana Nsenga Storr Kyron Elizabeth Strachan Patrick Strachan Edsel Strachan Osbourne Stuart Cyprianna J. Stuart Eulanda Stuart Diane Sturm Kerry Sullivan Stephen Sweeting Carla A. Sweeting Derek Sweeting Ruby Lee Sweeting Matt Dorien Sweeting Ricky Roger Sweeting Oris E. Symmonett Don Symmonett Stafford Rev. Symonette Robin Symonette Brent T. Symonette Janet Taylor Rich Claire Thackray Perry Thomas Elaine Thompson William ‘Bill’ Thompson Christopher Thompson Robert Thompson Elbert Thompson Phyllis D. Thompson Paul D. Thompson Steven Thompson Jessica Thompson Indira Thompson Samuel Thompson Krystal Treco Jennifer Treco Linda Treco Lorraine E. Turnquest Collingwood Turnquest Michael Turnquest Ingrid Tynes Stuart Danielle Van Wynen Dianna M. Vargas-Phillpot Natasha Vythoulkas YaEl Walcott Christine Wallace-Whitfield Dwayne Wallas Nicholas R. Ward Ana Elisa Wassitsch Rhonda L.Roberts Waton Daniel Waton Janet Watts Katherine F. Weech Wayne M. Wells Anthony Wells Valerie A. Wells Maria G. Wells Kelli Wells Rosalie Wells -Fawkes Spencer D. White Gregg White Peter John Whitehead Harold WhiteIII Misty Dawn Whyms Roosevelt K. Whyms Hazel Beatrice Wicky Desiree Wilchcombe-Aranha Gordon R. Wilde E. David Alexander Williams Philip Williams P. Neil Williams Nicola Francisca Williams Franon Wilson Vena B. Wolfe William U. Wong Jason Wong Kristi Wong Ruth Melverna Wong, J.P. Wellington Woods Maxwell Woodside Steven Trevor Wright Heinz Wszolek Chantelle Wszolek-Euteneuer Ian Young Sheila Young Tiffany L. Young Mary Zervos

Category Postal Address Broker AB-20149 Broker SS-19085 Broker AB-20149 Salesperson N 8164 Salesperson #3 JIMMY HILL, QUEENS HIGHWAY Salesperson EE-16336 Broker/Appraiser EE-16336 Salesperson N-8339 Salesperson C B 13647 Salesperson SP 60412. Salesperson EE-16336 Broker AB-20856 Salesperson AB-20856 Broker N-1132 Broker General Delivery Broker SS-6366 Broker SS-6070 Salesperson N-732 Salesperson 61 Harbour Island Broker A B 22183 Salesperson AB-20404 Salesperson SS-6193 Broker CB-11354 Salesman/Appraiser SS-6041 Broker/Appraiser N-7401 Salesperson EX 29034 Salesperson Salesperson DC 30699 Salesperson CB 13443 Broker EX-29178 Salesperson F-43152 Broker AB20967 Broker SS-6041 Salesperson N-1062 Salesperson Salesperson SS-6310 Salesperson AB-20198 Broker/Appraiser N-4182 Salesperson AB-20900 Salesperson AB-20900 Broker/Appraiser EL-26030 Broker General Delivery Salesperson N-1132 Salesperson CB-11246 Salesperson SP-64205 Salesperson N-8164 Broker AB-20900 Broker N-10133 Salesperson F 43152 Broker F-43152 Salesperson SP-64124 Broker AB-20404 Salesperson N-732 Salesperson AB-22127 Salesperson N-1480 Broker AB 20485 Salesperson N-4098 Salesperson N-641 Broker CB-11706 Salesperson N 7776 Salesperson General Delivery Salesperson CB-12291 Broker DC-30825 Salesperson Genreal Delivery Broker SS-6938 Salesperson Salesperson CR 56766 Suite 720 Salesperson N 282 Salesman/Appraiser AB-20509 Developer General Delivery Salesperson N-4949 Broker EL-27235 Broker SS-5640 Salesperson F-43152 Broker N-1110 Salesperson CB-13316 Salesperson AB 20149 Broker N-7776 Salesperson EX-29222 Salesperson CB-13304 Broker EE-16224 Salesperson F-43152 Salesperson AB20455 Salesperson N-1062 Salesperson LI30 .105 Salesperson AP-59223 Slot 450 Salesperson EX-29034 Salesperson SB-52060 Salesperson N-1130 Salesperson N-1062 Salesperson CB-11001 Salesperson CB-12762 Developer N-4818 Salesperson N-1404 Salesperson N-7776 Salesperson N-8096 Salesperson N-3180 Salesperson N-3180 Broker/Appraiser SP-62185 Salesperson N-4170 Broker/Appraiser N-10119 Salesperson CB-12291 Salesperson N-9715 Broker SS-6299 Broker General Delivery Broker N-1110 Broker SS-19085 Salesperson N-1444 Salesperson CB 13534 Salesperson CB 13534 Salesperson EE- 17823 Broker N-7795 Salesperson N 4173 Broker AB-22221 Salesperson N-3709 Broker N-3709 Broker General Delivery Salesperson CB-13647 Broker AB-20900 Broker AB-20404 Broker AB-20404 Broker General Delivery Salesperson N-1132 Broker/Appraiser N-8164 Salesperson N-1062 Salesperson AB 22705 Salesperson General Delivery Salesperson Salesperson N-1130 Salesperson N-7655 Salesperson SS-6650 Salesperson Salesperson SP-64205 Broker N-8408 Broker EX-29101 Salesperson N-4949 Salesperson GT 2494 Salesperson N-3371 Salesperson SS-5151 Salesperson N-4949 Salesperson EE-17823 Broker N-3709 Salesperson AB-20777 Broker SS-2636 Salesperson N-1132 Salesperson General Delivery Salesperson General Delivery Broker/Appraiser EX-29122 Salesman/Appraiser General Delivery Broker CB 12644 Broker/Appraiser N 3709 Broker EE-16021 Salesperson Salesperson N-8860 Salesperson CB-11120 Broker/Appraiser N-4949 Broker SS-6222 Salesperson EX-29453 Developer N-4820 Salesperson EE-17617 Developer EE-17617 Broker N-3709 Salesperson CB 11992 Broker N-1132 Salesperson N 4491 Salesperson EE-16276 Salesman/Appraiser N-3371 Salesperson N-1062 Broker/Appraiser N-3739 Salesperson F 43440 Broker/Appraiser CB-11932 Salesman/Appraiser N-1132 Salesperson AB-20757 Broker N-535 Broker/Appraiser CB-11777 Broker GT-2016 Developer N-4825 Broker N-7113 Salesperson N 7113 Salesperson EE 16021 Broker SP-60035 Salesperson N-7999 Salesperson N-1132 SIGNED: REGISTRAR OF REAL ESTATE DATE: JULY 30TH, 2017

Town/District Marsh Harbour Nassau Marsh Harbour Nassau Georgetown Nassau Nassau Nassau Nassau Nassau Nassau Marsh Harbour Marsh Harbour Nassau Hope Town Nassau Nassau Nassau Harbour Island Treasure Cay Marsh Harbour Nassau Nassau Nassau Nassau George Town, Alice Town Hamilton’s Nassau George Town, Freeport Marsh Harbour Nassau Nassau Tarpum Bay Nassau Marsh Harbour Nassau Marsh Harbour Marsh Harbour Governor’s Harbour Spanish Wells Nassau Nassau Freeport Marsh Harbour Nassau Freeport Freeport Nassau Marsh Harbour Nassau Treasure Cay Nassau Marsh Harbour Nassau Nassau Nassau Nassau Marsh Harbour Nassau Deadman’s Cay Nassau Nassau Nassau Nassau Nassau Marsh Harbour To confirmed Nassau Harbour Island Nassau Freeport Nassau Marsh Harbour Nassau George Town, Nassau Nassau Freeport Marsh Harbour Nassau Stella Maris Nassau Georgetown Nassau N-1130 Nassau,Bah Nassau Nassau Nassau Nassau Nassau Nassau Paradise Island Nassau Nassau Nassau Nassau Nassau Nassau Nassau Blair Estates Hope Town Nassau Nassau Nassau Nassau Nassau Hope Town Nassau Nassau Marsh Harbour Nassau Nassau Great Harbour Cay Nassau Marsh Harbour Marsh Harbour Marsh Harbour Hope Town Nassau Nassau Nassau Hope Town Hope Town Nassau Nassau Nassau Nassau Nassau West Bay Street Nassau Georgetown Nassau Alice Town Nassau Nassau Nassau Nassau East Bay Street Marsh Harbour Nassau Nassau Governor’s Harbour Governor’s Harbour George Town, Alice Town Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Georgetown Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Freeport Nassau Nassau Marsh Harbour Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau

Island Abaco New Providence Abaco New Providence Exuma New Providence New Providence New Providence New Providence New Providence New Providence Abaco Abaco New Providence Abaco New Providence New Providence New Providence Eleuthera Abaco Abaco New Providence New Providence New Providence New Providence Exuma Bimini Long Island New Providence Exuma Grand Bahama Abaco New Providence New Providence Eleuthera New Providence Abaco New Providence Abaco Abaco Eleuthera Eleuthera New Providence New Providence New Providence Grand Bahama Abaco New Providence Grand Bahama Grand Bahama New Providence Abaco New Providence Abaco New Providence Abaco New Providence New Providence New Providence New Providence Abaco New Providence Long Island New Providence New Providence New Providence New Providence New Providence Abaco Cat Island New Providence Eleuthera New Providence Grand Bahama New Providence New Providence Abaco New Providence Exuma New Providence New Providence Grand Bahama Abaco New Providence Long Island New Providence Exuma New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco New Providence New Providence New Providence New Providence New Providence Abaco New Providence New Providence Abaco New Providence New Providence Berry Islands New Providence Abaco Abaco Abaco Abaco New Providence New Providence New Providence Abaco Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence Exuma New Providence Bimini New Providence New Providence New Providence New Providence New Providence Abaco New Providence New Providence Eleuthera New Providence Exuma Bimini New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Exuma New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Grand Bahama New Providence New Providence Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence

ONE World Trade Center, left, and 7 World Trade Center, in New York. Technology companies were leading a broad slide in U.S. stocks in early trading yesterday, as investors pored over the latest batch of corporate earnings reports. (AP Photo/Mark Lennihan, File)

TECH COMPANIES LEAD WORST DAY FOR US STOCK MARKET SINCE MAY By ALEX VEIGA Associated Press BREWING tensions between the U.S. and North Korea put investors in a selling mood again Thursday, dragging U.S. stocks lower for the third day in a row. The latest sell-off was the most severe yet, amounting to the biggest single-day drop for the stock market in nearly three months. Technology companies, which have been the biggest gainers this year as the market hit a succession of record highs, led the broad slide. Banks and department store shares also were among the big decliners. Utilities eked out a small gain. “The market has been looking for an excuse to sell off and North Korea and the president gave the market that excuse,” said David Schiegoleit, managing director at the U.S. Bank Private Client Wealth Management. “As long as it doesn’t go beyond just a war of words, this is going to be short-lived.” The Standard & Poor’s 500 index dropped 35.81 points, or 1.5 percent, to 2,438.21. The Dow Jones

“There’s not a fundamental reason why what we’re seeing out of North Korea right now should affect stock market prices, but it’s being used as the reason to sell off right now because we’ve been looking for it for so long,” Schiegoleit said. “This really is a profittaking sell-off. I don’t see it as a fear-driven sell-off.” Heading into Thursday, some 89 percent of the companies in the S&P 500 had reported quarterly results. Of those, 52 percent delivered earnings and revenue that beat financial analysts’ forecasts, according to S&P Global Market Intelligence. Technology stocks, the biggest gainers this year, led Thursday’s market slide. Nvidia fell $7.37, or 4.3 percent, to $164.74, while Advanced Micro Devices gave up 71 cents, or 5.5 percent, to $12.12. Several financial sector companies also helped pull down the market. Bank of New York Mellon slid $2.09, or 3.9 percent, to $51.95, while Citizens Financial Group shed $1.32, or 3.8 percent, to $33.71. Disappointing quarterly results from big depart-

“The market has been looking for an excuse to sell off and North Korea and the president gave the market that excuse” industrial average slid 204.69 points, or 0.9 percent, to 21,844.01, just shy of its low point for the day. The tech-heavy Nasdaq composite bore the brunt of the sell-off, losing 135.46 points, or 2.1 percent, to 6,216.87. May 17 was the last time the three indexes had a bigger single-day decline. Smaller-company stocks also fell sharply. The Russell 2000 index gave up 24.40 points, or 1.8 percent, to 1,372.54. All the indexes are down for the week. Bond prices rose. The yield on the 10-year Treasury note slipped to 2.20 percent from 2.25 percent late Wednesday. Wall Street got off on a downbeat start early Thursday as tensions between the U.S. and North Korea continued to escalate, rattling markets overseas. Early in the day, North Korea revealed a detailed plan to launch a salvo of ballistic missiles toward the U.S. Pacific territory of Guam, a major military hub and home to U.S. bombers. Later, speaking to reporters, President Donald Trump demanded that North Korea “get their act together” or face extraordinary trouble. Unease over the situation pushed the VIX, a measure of how much volatility investors expect in stocks, up 44.4 percent. That’s the biggest increase since May. The market jitters gave investors an opportunity to pocket some of their recent gains following a string of record highs fueled by strong corporate earnings.

ment store chains also weighed down the market. Macy’s tumbled 10.2 percent after the company said its sales continued to decline in the second quarter. The stock lost $2.36 to $20.67. Dillard’s slumped 15.9 percent after the chain booked a loss for the second quarter as increased inventory led to big discounts. Its shares slid $11.64 to $61.70. Kohl’s also declined, giving up $2.43, or 5.8 percent, to $39.50. Blue Apron slumped 17.6 percent after the meal kit seller reported a sequential decline in customers in the second quarter due to a planned reduction in marketing. The trend appeared to overshadow strong quarterly revenue growth in the quarter. The stock fell $1.10 to $5.14. Oil prices closed lower after an early rally faded. Benchmark U.S. crude fell 97 cents, or 2 percent, to $48.59 a barrel on the New York Mercantile Exchange. Brent crude, used to price international oils, slid 80 cents, or 1.5 percent, to $51.90. Other energy futures trading was mixed. Wholesale gasoline dropped 2 cents to $1.60 a gallon, while heating oil shed 2 cents to $1.63 a gallon. Natural gas jumped 10 cents, or 3.5 percent, to $2.99 per 1,000 cubic feet. Gold added $10.80, or 0.8 percent, to settle at $1,290.10 an ounce. Silver gained 20 cents, or 1.2 percent, to $17.07 an ounce. Copper fell 2 cents to $2.90 a pound.


PAGE 10, Friday, August 11, 2017

THE TRIBUNE

BEWARE AT THE PUMP: BLACK MARKET FUEL IS MAKING MILLIONS By BRENDAN FARRINGTON Associated Press TALLAHASSEE, Fla. (AP) — A black market for diesel and gasoline has rapidly spread around the nation, with organized crime gangs using fraudulent credit cards to siphon millions of dollars in fuel from gas stations into large tanks hidden inside pickup trucks and vans. Stealing fuel can be less risky than selling drugs or other illegal endeavors, and criminals can make $1,000 or more a day re-selling the stolen fuel at construction sites and unscrupulous gas stations, or to truckers looking to cut costs, investigators and industry experts say. “It’s pretty rampant,” said Owen DeWitt, whose Texasbased company, Know Control, focuses solely on helping gas stations prevent fuel theft. He said the crime is worst along Interstate 10, from Jacksonville, Fla., to the Los Angeles area. “California and Florida are the two worst; Texas is No. 3.” Black market diesel started becoming a big business when credit card “skimmers” became more prevalent around 2006, DeWitt said. Thieves install these devices at gas station pumps, where they record

card information as unsuspecting customers fuel up. The information is later transferred to a magnetic strip on a counterfeit card. The problem has only grown as the devices become more sophisticated. The black market has grown quickly in part because the thefts total a few hundred dollars at a time, and prosecutors were slow to prioritize them. But as fuel thefts become more organized, they have caught the attention of state and federal authorities around the country. Agriculture and Consumer Services Commissioner Adam Putnam’s department takes the lead on prosecuting these crimes in Florida. He said they used to be considered a “victimless” or “slap-onthe-wrist-type crime, and yet they were making more money doing this than a lot of other criminal activities that had a lot higher sentences.” The U.S. Secret Service, which investigates financial crimes, is involved because the gangs use credit card skimmers. Agent Steve Scarince says Miami, Los Angeles and Las Vegas are hot spots, together accounting for about 20 million gallons a year in stolen diesel.

THIS is undated photo made available by the Florida Department of Agriculture shows a truck outfitted with a large tank used to syphon gas from gas stations using stolen credit cards. (Larry Payne/Florida Department of Agriculture via AP)

“The crews that we’ve investigated over the past couple of years — the least profitable group is $5 million a year. And then there are groups that will gross $20 million plus,” Scarince said. “The gang-bangers in Los Angeles have been migrating to financial crimes instead of street crimes because it’s much more profitable and if you get caught, you get probation.”

Court records from a single Secret Service case prosecuted in 2014 illustrate how much money even a small crew can take in. Agents in the Los Angeles area surveilled a group with seven pickup trucks and SUVs with hidden fuel tanks holding up to 300 gallons each. For 10 months, they observed drivers using credit card information stolen from about 900 people to fill up three times a day. They

transferred the diesel into a 4,500-gallon industrial fuel tanker that made daily runs to sell the fuel to gas stations. Agents estimated they stole close to $16,000 in fuel every day, with the potential to steal $7 million a year. Records indicated it was in operation for about five years before agents shut it down. “Theft has been involved with fuel for as long as

Credit Suisse bans trading of Venezuelan bonds By KEN SWEET Associated Press NEW YORK (AP) — Credit Suisse has banned the trading and use of Venezuelan bonds, as the political and financial crisis in the South American country escalates. The bank will no longer trade, nor accept as collateral, two specific types of Venezuelan securities as well as any bonds the country issued from June 1 going forward, according to a company spokeswoman

who was not authorized to give her name. Further, any businesses who wish to do business with Venezuela and deal in any assets there will have to go through additional screening. The ban comes as the U.S. considers a range of economic sanctions against the government of President Nicolas Maduro, who is facing mounting international criticism over a crackdown on opponents and moves to consolidate power. In the memo, the bank cited

“recent developments and the political climate” in the country for the ban. The Trump administration has sanctioned 30 government officials or loyalists since April, including Maduro himself. Venezuela in the midst of a severe economic downturn caused by poor government policies and low oil prices. The country’s bonds are one of the few ways the current government is able to raise money to support its collapsing economy.

But as the country’s political crisis has worsened, the bonds issued by the government as well as the state-owned oil company PDVSA have become a point of contention and concern for investors who increasingly worry they are supporting an oppressive regime as well as a country that is a great risk of defaulting on its debts. Goldman Sachs came under political pressure earlier this year for buying a reported $2.8 billion in Venezuelan bonds on the

open market at a significant discount. National Assembly President Julio Borges, leader of the country’s opposition, has sent more than a dozen letters to leading global banks warning them of the risk to their reputations and bottom line if they throw a lifeline to Maduro. Borges also threatened not to recognize any bonds issued by Maduro’s government if the opposition were to come back into power. The country has debt payments coming due this

retailers have been selling fuel,” said Jeff Lenard, a vice president of the National Association of Convenience Stores in Alexandria, Virginia, but today’s criminals are “trying to steal hundreds, if not thousands, of gallons.” Thieves often use dozens of fraudulent cards at a time, inserting one after another to fill up hidden tanks. One gang used fraudulent credit cards for a month to steal $100,000 in diesel from two stations in central Florida. In other cases, one thief parks a truck to block the clerk’s view while another pumps diesel directly from an underground tank through a hole in the vehicle’s floorboards, investigators say. Texas Comptroller Glenn Hegar has pursued sellers of black market fuel for breaking state motor fuel tax evasion laws, securing some stiff sentences: In 2015 alone, his office worked to indict more than 100 suspected motor fuel thieves.

year of around $6 billion and is estimated only to have $10 billion in cash remaining, largely tied up in gold bars. The Trump administration has not ruled out the possibility of banning oil Venezuelan oil imports, a step that would deprive the country of its main source of hard currency and could hasten a debt default. Other options on the table include a ban on exports of light U.S. crude that Venezuela depends on to process its oil. That could also raise the risk of default by significantly reducing Venezuela’s oil production.

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