Wednesday, October 23, 2013 5:57:20 AM
We found out about PRHB through breakfast at one of the "Bettina Homes". What are Bettina Homes? Private Homes which welcome guests traveling who don't want to stay in a hotel or other more commercial accommodation and where guests have a great time at breakfast very serendipitously exchanging information, ideas, research, books, etc.
From the notes we made from that particular breakfast, one of the guests had invested in PRHB before and offered it up because they thought there might be a future in the company and because with only 20 million shares outstanding and at $100 per one million shares, their proposal was that we should all buy one million shares and we would own the company. It was a fun breakfast with stories wound around what could be done once we took over the company, but apparently only one person took up the suggestion.
I looked into the company and it looks just great to me with potential for the future. IBM, for example, talks lots to employees about water. Drinkable water is becoming rare and countries are now having to do unnatural things to get potable water with researchers moving ahead full steam trying to discover ways to produce such.
Lots of people characterize companies at POS. That is so crude. I am sure you can do better than that. If you have reasons to dislike the company or think it is not a good investment or trade say that and stop the quirky insults.
God is good!
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