Following on from last month’s article “New Name Same Company”, that Signallia Marketing Distribution SA is the new name for Silverpoint Vacation Solutions SA. One of our regular readers Mr T, has passed on the following information which he has found while doing some of his own research.
He noticed on the Club Paradiso website that their contact address is for Signallia Group DMCC, Dubai, UAE, where it is incorporated on the Emirati Register.
http://www.info-clipper.com/en/company/united-arab-emirates/signallia-group-dmcc.aed986swf.html
Another link our tenacious reader has discovered is that the Signallia Group DMCC is a shareholder of Silverpoint Travel Limited, Lodgequest Holding Limited, Keys Concierge Limited & Vacation Finance Limited where the person with significant control (PSC) is Robert Trotta. Other directors associated with these companies are Franz Markus Deutsch and Mark Cushway. Both have been part of the Trotta empire for years.
Another company which Mark Cushway is a director is Vacation Finance Limited, which according to the FCA register has Signallia MD SA as an appointed representative. Well let’s keep it all in the family.
https://register.fca.org.uk/ShPo_firmdetailsPage?id=001b000003TzjMqAAJ.
Signallia also have a wonderful promotional video which really does sell “The Dream”, showing some exquisite resorts around the world, Just wondering if you can actually get into them? Mr T also points out that Palm Beach Club in Tenerife (a Silverpoint resort) held a presentation last October, this highlighted their “Highly personalized consulting service” given by Maurice Aronow, senior vice-president of Signallia’s commercial department.
Aronow was also a previous vice president of sales and marketing at another Robert Trotta Resort, namely Palmyra Resort & Spa in Jamaica, it was around 2011 that they launched their fractional ownership.
Bob Trotta launched this resort back in 2005, but due to financial problems in 2012 it was never completed. It was alleged that Trotta had defaulted resulting in $110 million worth of debts, with the Jamaican banks putting the resort up for auction, this was unsuccessful.
http://www.travelpulse.com/news/hotels-and-resorts/potential-sale-of-jamaicas-long-shuttered-palmyra-resort-reported.html
Another company in this tangled web is Lodgequest Holdings Limited, it is a majority of Lodgequest Operations Limited. Again the names that come up are Franz Markus Deutsch, Mark Cushway and the person with significant control being once again Robert “Bob” Trotta.
The company has two resorts Twin Lakes in the Lake District and Kentisbury Grange in Devon, it is reported that the company is in the “Market” for investors. One does have to wonder is this on the “pig in a dress” fractional basis?
On their website they do hint at the prospect of the rental market, and the “potential” for high return on investment. They also say that by focusing on luxury, they can “ensure” the lodges will be rented for a “highly attractive rate”. Something in this is sounding all too familiar, sound like some of the promises we heard from past product sold by these people under other names.
Our thanks go to Mr T, a regular reader and also a great contributor in doing some of the research we may miss. This again goes to show that doing your due diligence will show some of the links that many of these companies don’t want you to know, the tangled web can be unravelled. Once it begins then you can make a choice, “to trust or not to trust”.
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