Month: October 2023

Marina Water Turned …

The fresh water well(s) that OGI uses to provide water to the resort is not producing enough to meet demand. Recently, OGI has been turning off water to various facilities,…

Foreclosure

PanamaNowOnline is reporting that Global Bank has formally begun foreclosure proceedings against OGI.  Apparently OGI has not made any loan payments to the bank for at least 6 months. Exactly what…

Over a Cliff

The Cliffs condo building has been sitting in a partially completed state for nearly 3 years now. There is now mold in the walls. The company recently painted over the…

Sales Fraud

In the past Red Frog Beach has been certified by Green Globe as meeting it's environmental standards. However, Green Globe has revoked that certification, probably due to issues such as…

Ponzi Scheme

At the inception of the Red Frog Beach project Phase 1 was to consist of 52 villas.  Joe Haley didn't offer an escrow of construction funds so the deposits on…