His latest message to Eleuthera residents, dated July 31, 2026, suggests that Jacobs Entertainment’s loan will be repaid from the proceeds of lot sales to international real estate buyers. “Spreading 300 residences across 10 miles between Governor’s Harbour and Navy Beach comes out to developing 30 homes per mile, with most of those unseen from Queens Highway. He said: “I would add that the Eleuthera development is not what is referred to by my lenders as a ‘permitted use’ of funds. “Jacobs Entertainment is proposing that a PPP be formed between Jacobs Entertainment and the Government of The Bahamas to creatively upgrade this infrastructure by harvesting the tremendous value entrenched along central Eleuthera's Atlantic beachfronts. “Another 10 percent of these lot sales would be directed to affordable housing rental projects, including free staff housing for J Resort employees.