Item 7.01 Regulation FD
The Company has begun and will continue to evaluate damage caused by the Hurricane and has engaged outside specialists, including structural engineers, to evaluate the damage and advise as to the course of action to assure the safe completion of the Resort. The Company maintains robust insurance coverage against damage from hurricanes and will be pursuing claims to recover losses.
The Resort was previously selling rooms for as early as
The information in this Section 7 of this Current Report on Form 8-K is
furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed to be
"filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 or
otherwise subject to the liabilities of that Section. As such, this information
shall not be incorporated by reference into any of the Company's reports or
other filings made with the
Forward-Looking Statements: Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, statements in this Form 8-K that are not historical facts are forward-looking statements. These statements are based on management's beliefs and assumptions and on information currently available to the Company's management. Any forward-looking statements are based on information available to the Company today and the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise.
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