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Grand Case updates -Calmos, La Villa
#144858
09/27/2017 08:05 AM
09/27/2017 08:05 AM
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Joined: Jun 2016
Posts: 201 East Tennessee
taraavo
OP
Traveler
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OP
Traveler
Joined: Jun 2016
Posts: 201
East Tennessee
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Sorry if any of this has been posted and I missed it, but:
Calmos Cafe posted on their FB page; in short, they are seeking supplemental funds to begin rebuilding.
La Villa issued the following statement: Dear friends and beloved guests, thank you so much for your prayers, thoughts and support. Family and staff are safe and are doing well. St Martin people are strong, we'll rebuilt our beautiful island and reopen the restaurant as soon as possible. We love you all ! Florence & Christophe
Last edited by Carol_Hill; 09/27/2017 08:09 AM.
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Re: Grand Case updates -Calmos, La Villa
[Re: taraavo]
#144859
09/27/2017 08:11 AM
09/27/2017 08:11 AM
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Joined: Aug 2000
Posts: 82,724 Central Florida!
Carol_Hill
Traveler
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Traveler
Joined: Aug 2000
Posts: 82,724
Central Florida!
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Hi. Perhaps you missed it before, but virtually every business could say they need funds to rebuild, so we are not listing those here. If people want to give to their favorite business, they can. Go directly to their home page or facebook page or contact the business directly.
Carol Hill
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Re: Grand Case updates -Calmos, La Villa
[Re: taraavo]
#144860
09/27/2017 08:48 AM
09/27/2017 08:48 AM
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Joined: Mar 2001
Posts: 17,526 Ohio
ruralcarrier
Traveler
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Traveler
Joined: Mar 2001
Posts: 17,526
Ohio
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What happened to the thought of a business having insurance to cover such losses?
J.D.
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Re: Grand Case updates -Calmos, La Villa
[Re: wilsonck]
#144864
09/27/2017 11:37 AM
09/27/2017 11:37 AM
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Joined: Mar 2001
Posts: 17,526 Ohio
ruralcarrier
Traveler
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Traveler
Joined: Mar 2001
Posts: 17,526
Ohio
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wilsonck said: Calmos said their structures were uninsurable. Then you plan accordingly by "self-insuring" yourself or your business.
J.D.
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Re: Grand Case updates -Calmos, La Villa
[Re: Mantas]
#144865
09/27/2017 11:44 AM
09/27/2017 11:44 AM
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Joined: Mar 2001
Posts: 17,526 Ohio
ruralcarrier
Traveler
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Traveler
Joined: Mar 2001
Posts: 17,526
Ohio
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Their rickety building is mostly gone but their rebuilding most likely will not be nearly as costly as other operations on the island. Pretty hefty donation request of 180k € goal.
J.D.
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Re: Grand Case updates -Calmos, La Villa
[Re: ruralcarrier]
#144866
09/27/2017 12:14 PM
09/27/2017 12:14 PM
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Joined: Jan 2008
Posts: 515 Eastern Caribbean
Ritchard
Traveler
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Traveler
Joined: Jan 2008
Posts: 515
Eastern Caribbean
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ruralcarrier said:Their rickety building is mostly gone but their rebuilding most likely will not be nearly as costly as other operations on the island. Pretty hefty donation request of 180k € goal. Calmos was really mostly a shed/shack. remaking that would not be costly. Perhaps they have visions of something less picnic-table-y
_______________________
Working hard to be the best yacht bum I can be.
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Re: Grand Case updates -Calmos, La Villa
[Re: ruralcarrier]
#144867
09/27/2017 01:03 PM
09/27/2017 01:03 PM
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Joined: Jan 2007
Posts: 4,220 self-quarantine
Rasputin
Traveler
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Traveler
Joined: Jan 2007
Posts: 4,220
self-quarantine
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What ever happened to the idea of stockholders?
A business wants to raise money for whatever, they sell stock. Then they have stockholders (partial owners of the business). Getting business capital via free and clear donations is a concept I just don't understand.
The other alternative for most businesses is to borrow money from a bank (a novel idea?).
Rah Rah Rasputin They put some poison into his wine He drank it all and said "I feel fine"
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Re: Grand Case updates -Calmos, La Villa
[Re: Rasputin]
#144868
09/27/2017 01:53 PM
09/27/2017 01:53 PM
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Joined: Apr 2001
Posts: 1,562 Long Island, NY
RICKnGRACE_LI_NY
Traveler
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Traveler
Joined: Apr 2001
Posts: 1,562
Long Island, NY
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That's a great idea. Borrowing money from a bank may be difficult because there is probably not enough collateral. Selling stock even in small businesses would require some sort of legal registration, I would think. Not sure about Dutch and French legal requirements. Could be drawn up as a sort of venture capital arrangement where someone provides seed money in return for % of business. The lender assumes some risk hoping for a larger reward. Not quite a stock deal but not just pleading for money.
JMHO
Rick and Grace
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Re: Grand Case updates -Calmos, La Villa
[Re: Rasputin]
#144869
09/27/2017 02:12 PM
09/27/2017 02:12 PM
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Joined: Apr 2001
Posts: 14,646 Brookfield, CT.
pat
Traveler
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Traveler
Joined: Apr 2001
Posts: 14,646
Brookfield, CT.
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Thank you, Raspy.
I know this won't be a popular position to take, but as one who runs her own business and takes ownership of the good and the bad that entails, I'm right there with you loud and clear.
And then there's someone like Jeannie Gee, the grocery pre-stocking lady, who has temporarily lost her own business revenues, and what does she do? She uses her time and business acumen not to mention her big heart and love of her adopted island home, and sets up a source to donate to all the people her donation proceeds will allow who are in need of basic groceries for their families. Along with Samaritans Purse and other all encompassing charitable organizations, I will donate to that happily and as freely as I'm able.
And lest my thoughts be misinterpreted, I want all our island friends and businesses to come back stronger than before and for those who would choose to help them, kudos to all of you, but I'm for basic needs of everyday people first.<img src="http://www.traveltalkonline.com/forums/images/graemlins/handshake.gif" alt="" /> <img src="http://www.traveltalkonline.com/forums/images/graemlins/handshake.gif" alt="" />
Respectfully,
pat
"Always keep your words soft and sweet, just in case you have to eat them."
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Re: Grand Case updates -Calmos, La Villa
[Re: wilsonck]
#144870
09/27/2017 02:12 PM
09/27/2017 02:12 PM
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Joined: Jan 2008
Posts: 248 Boston, MA
sxmBoston
Traveler
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Traveler
Joined: Jan 2008
Posts: 248
Boston, MA
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wilsonck said: Calmos said their structures were uninsurable. The question is were the building uninsurable or were the premiums too high for the insurance. Big difference between can’t get insurance or won’t buy insurance.
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Re: Grand Case updates -Calmos, La Villa
[Re: pat]
#144871
09/27/2017 02:26 PM
09/27/2017 02:26 PM
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Joined: Jun 2008
Posts: 2,670
LBI2SXM
Traveler
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Traveler
Joined: Jun 2008
Posts: 2,670
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[b][i]pat
And lest my thoughts be misinterpreted, I want all our island friends and businesses to come back stronger than before and for those who would choose to help them, kudos to all of you, but I'm for basic needs of everyday people first.<img src="http://www.traveltalkonline.com/forums/images/graemlins/handshake.gif" alt="" /> <img src="http://www.traveltalkonline.com/forums/images/graemlins/handshake.gif" alt="" /> <img src="http://www.traveltalkonline.com/forums/images/graemlins/Clapping.gif" alt="" /> <img src="http://www.traveltalkonline.com/forums/images/graemlins/Clapping.gif" alt="" /> <img src="http://www.traveltalkonline.com/forums/images/graemlins/Clapping.gif" alt="" /> Once again Pat, you hit the nail on the head!!!
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Re: Grand Case updates -Calmos, La Villa
[Re: Rasputin]
#144873
09/27/2017 03:00 PM
09/27/2017 03:00 PM
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Joined: Mar 2001
Posts: 17,526 Ohio
ruralcarrier
Traveler
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Traveler
Joined: Mar 2001
Posts: 17,526
Ohio
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A smaller local independent restaurant near us wanted to expand. They have a loyal customer base and needed a minimal amount. They offered discounts and gift cards in exchange for people who chose to "invest" in this venture. It must have worked out as they are still in business, doing well and I have not heard of anyone unhappy or feeling they got ripped off.
Hey, if someone wants to give their last dollar to a business or a person, that is up to them but I do NOT get this GoFundMe for businesses who did not have insurance. Life is full of choices, sometimes you make good ones and sometimes you don't. If I make a bad choice, the last thing I would expect is for someone else to bail me out.
To each there own but I can (sadly) see a lot of disappointed people when this is all sorted out.
Once again, pat is spot on with her assessment as you are also.
J.D.
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Re: Grand Case updates -Calmos, La Villa
[Re: ruralcarrier]
#144874
09/27/2017 06:14 PM
09/27/2017 06:14 PM
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Joined: Jul 2006
Posts: 13,415 Peaceful Eastern North Carolin...
GaKaye
Traveler
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Traveler
Joined: Jul 2006
Posts: 13,415
Peaceful Eastern North Carolin...
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Directed to no one in particular....
I'm not a big fan of the new GoFundMe mentality, but I have donated to three of those on the island. All three were businesses where we would have dropped a whole lot more, during our usual three week stay, than what I donated. All three were also funds that are doing more than just begging for help to rebuild their own businesses. These are folks who are offering free food to people who need it, are pitching in to help others who have lost everything, and who are more concerned with their staff than themselves.
I've always been a believer in personal responsibility, but I'm pretty sure nobody plans for the eye of a Cat 5 hurricane to hit their home. Even with insurance, recovery from that would be extremely difficult. I'm happy to help, even in a small way.
Last edited by GaKaye; 09/27/2017 06:23 PM.
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Re: Grand Case updates -Calmos, La Villa
[Re: SXMWendell]
#144877
09/28/2017 05:06 AM
09/28/2017 05:06 AM
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Joined: Apr 2005
Posts: 7,491 Vermont
sxmmartini
Traveler
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Traveler
Joined: Apr 2005
Posts: 7,491
Vermont
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SXMWendell said: OR low interest government backed loans from banks to rebuild.
Wendell French side offering 3% interest on loans no credit check...
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