Well I was trying to be PC about it, but yea that's basically where I'm at on him as well. Just from what I can tell anyways. He looks like he's read one-too-many Robert Kiyosaki books.
Further reading, mostly in the comments where some of his old employees and customers sound off:
The Block Hotel’s Liko Smith Arrested at Boardistan
including Liko who responds in several places, here's a snippet where he foreshadows the Sugar Loaf (keep in mind this was in early 2010, about the time he was first planning the Sugar Loaf deal I think)
.I was too big of a bang and too small of a business..so they were able to hurt me..never again. There will be more blocks, just keep reading your paper. Every righteous investor will get paid back, ..every sponsor will get tenfold what they put into it and every customer will get a well run hotel. I am into the big leagues, I have four guys I work with, all mulitimillionaires who “can lose’ the money if we’re wrong and make a shitload if we’re right but no more small time, we’re going for 150 room plus full service hotels, and the resorts, and golf courses that make money, run by hotel people, paycash to investors and hire entire communities of people and in the end; no more gettin monkey fucked by small minded people in any form. That’s a promise. Some of you may hate me, shit,,.I don’t blame you.. I do dumb shit just like you do; but I don’t screw anybody
There's a ton of stuff at teh Glen Arbor Sun site, too, I can't find it all now but like the "fundraiser" that he did at the Red Ginger, but then miraculously didn't have enough money or his wallet was lost/stolen so he didn't have a credit card either, they graciously let him reserve it on credit (and then he never paid them for it despite promising that he'd send a check), etc.
Here's one where he maintains its arms-length and he is not a "front man" for the Polsellis:
As acquisition date nears, hurdles loom for Sugar Loaf resort |Glen Arbor Sun
Not one penny of Remo’s money or influence will be involved. And that goes for Hanna Karcho as well. There’s no way in the world they will have any influence in this deal. It’s strictly a Liko Smith project. I’m nobody’s front man. -
Incidentally, someone called bullshit on this, one of his former associates. I think he actually is willing to talk to me too but I haven't gotten in touch with him.... maybe I will now, I was under the impression this Travis guy was just a former Block employee with an axe to grind, but it sounds like at least in 2010 he had some legit information, maybe he's got some more now, too, but really, I'm tired of the Liko circus. The sooner he crashes and burns the sooner (maybe) someone else can pick up the pieces.