Why Barbados?
Thought some light on the subject would be in order as we look forward to simultaneous investments in and revenue streams from Barbados.
1. In terms of Barbados' development, Barbados has the third highest "HDI" (a score used by demographers to standardize the degree of development of a country's human resources) in the Americas. That's right- third highest- behind the US and then Canada, and the highest developed population in the Carribean. Barbados' literacy level is 4th in the world.
2. As the eastern-most Carribean island, Barbados has a well diversified economy that is poised for significant growth. These industries include Barbados' existence as a financial center, a growing locale for callcenters which can operate in the same timezone as the Eastern US financial centers, (Barbados is one hour ahead) and a tourism industry that will see significant growth in the coming decade.
3. Now happens to be an excellent time to invest in Barbados. I believe the property play is particularly important: EIGH has locked up a premier property marketing agency at just the time when global recoveries will drive a resumption in capital flows to Barbados properties.
EIGH is clearly approaching our presence in Barbados for the long term. Having cash to invest at this time is a massive opportunity when many companies are moving assets off their balance sheets to obtain cash to survive.
With 20 years of international business experience, I have no doubt that this is the right locale, the right company, and the right strategy for this time- and portends very exciting things in the near future for EIGH and its shareholders.
Just one long term shareholders opinion here, but when our PPS goes parabolic, we may pick up our fair share of hooligans trying to scare you out of your shares because they didn't have the foresight or fortune to buy now. When this occurs, remember that you hold a fundamentally excellent company.
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