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The Glen Arbor Sun has learned, through confidential sources, that former Sugar Loaf owner Kate Wickstrom transferred the ownership deed over the long shuttered resort to Remo Polselli in March 2013. Polselli — a hotelier and convicted felon — signed an Indemnification & Release Agreement on March 18, as manager of “Rock Investment Advisors”. Wickstrom, who received the transfer agreement via her Traverse City-based attorney Joe Quandt, signed on March 20. Polselli paid legal fees associated with the transfer.

Eneliko Sean “Liko” Smith, the enigmatic West Coast hotelier and self proclaimed “extreme sport entrepreneur” who has left a trail of dubious business transactions in his wake, is once again bidding for Sugar Loaf, the long shuttered ski resort in Leelanau County.

A press release posted various places on the Internet yesterday suggests that Eneliko Sean “Liko” Smith is about to acquire Sugar Loaf Resort, the long shuttered ski resort in Leelanau County, Michigan. Smith is an enigmatic former Samoan boxer from Las Vegas whose failed business deals, relationship troubles and run-ins with the law have made quite a splash in the media. He admits that he doesn’t “Google well”.