The Lagoon, a significant national asset, is under the control of the Company. The Lagoon seabed is mortgaged to the Bank of Nova Scotia to secure the Company’s loan of US$ 25 million in 2009.   According to the information in their reports there is a non-cancellable lease for 99 years with an option to renew for another 99 years.  Also, lease rental payment is based only on the area brought into use.  So that means the Company is “sitting on the people’s property” while our fishermen and our other traditional users are deprived of a “safe haven “  should there be weather events and the yachties anchor on our reefs off  Falise and Mt. Pandy.