Here is something interesting that just crossed my screen. I was looking at Chinese companies, and Huawei jumped out at me. They are a mobile phone, networking and telecommunications equipment and services company headquartered in Shenzhen, Guangdong China. They are advertising for network engineers for Nassau. Now it may be that C&W or Cable Bahamas may use their equipment, but the job descriptions ask for operational experience, and not installation experience. Curiouser and curiouser. Chinese telecommunications engineers in Nassau? Why?

operation & maintenance engineer Nassau; Salary: Not disclosed
Type of work: Contract
Updated 23/08/2016
Huawei Jamaica Recruiter

Man, I was seriously tempted to buy into Delaporte a few years ago. I thank my stars that I bought on PI instead.

Shouldn't James Smith get back to work and resolve Resolve? Or did it go through a bankruptcy and he lost his job?

I'm getting to like you more and more. When did you get your patriotism innoculation? It sure is working. One of the collateral benefits is a dose of common sense. Send birdie to the same clinic, please.

It is up to the markets to find the price levels for securities and not the exchange. He is not the volatility police. As market makers, there should be liquidity in the system. There isn't. I should be able to sell my shares at any price. That is the very definition of free markets.

Again, I re-iterate, BISX is a rogue organisation, a corrupt regulator and a criminal operation. It should be disbanded.

Excellent article.

I have a few observations on innovation. It goes in cycles. Back in the early days of say Thomas Edison, a person could go to their attic, and with bits of tin, string and wax, invent the phonograph. From then on, technology became more complex. The phonograph had transistors and electronics. To be innovative, you needed to step up your education into the realm of electricity and electronics. Then came the computer. However, once computers became ubiquitous, a seventeen year old could go into the basement, teach himself or herself to program, and innovate and disrupt. We were back at the same cycle as when Thomas Edison started with minimal knowledge. The cycle has shifted again. All of the low hanging fruit has been picked. All of the Facebooks and Youtubes have been invented. Now one requires intensive knowledge again to innovate. The age of the autonomous self-driving vehicle is upon us. Fintech and novel payment and banking systems are undergoing massive paradigm shifts with technology like blockchain. Nanotechnology is revolutionizing everything from cosmetics to food to healthcare.

And we in the Bahamas are stuck in a time warp with a mediocre education system that doesn't teach STEM (Science, Technology, Engineering, Math) and creates a whole cadre of functionally illiterate people with an intensely low value of human capital. Not all are of this ilk, but the majority are.

Our advancement is stunted because of this. As Perry Christie lamented, tiny St. Lucia has two Nobel Prizes, and we have none. There is a reason for that. It takes a village to raise a child, an innovator. Intellectual curiosity, the seed of advancement, requires a garden of enlightenment, and we as a people are anything but enlightened. In addition to enlightenment, one needs basic things of life to work and work efficiently.

Our basic societal infrastructure doesn't work. When I went away to university, I was amazed to have a phone installer come the next day, unlike the long wait at home. I was amazed to go to a government kiosk, and get my documents in order with the first visit, and didn't queue up in a long line up. I booked a driving test. I didn't need to put a big red "L" on the car for learner. Things worked. Little things worked. Big things worked. Stoplights worked. A student loan worth several thousand dollars was effected by a trip to the Uni-center to fill out a form, and three days later I picked up my package to take to the bank. The bank opened an account, the money was deposited and an hour later, I was paying for pizza with a temporary debit card. The new one came in the post a week later.

We are so far behind the eight ball, that we don't have the luxury to cogitate on a finding ways to fix the world. We can't even fix our own society, our own government, and our own lives and standard of living.

They will do something that will require Sandals to act -- shut their doors in the Bahamas.

BISX is a rogue organisation. A laughingstock and a joke that aids and abets criminals and white collar crime. BISX itself should be disbanded.

Prime Minister Crisco Butt says that they know the name of the buyer, but cannot reveal it because of delicate negotiations.

If they are negotiating, then it means they are not a buyer. They are an interested party. And if the negotiations are delicate, it means that there is a major chance of the sale not happening. This is signficant, because if it is a company of significance, it has to have ties to American capital markets. And if it has ties to American capital markets, there has to be a SEC filing -- even if they are JUST thinking about it. Here are the SEC rules:

*When an SEC registrant (acquirer) consummates1 or it is probable that it will consummate a significant business acquisition, Rule 3-05 requires the filing of certain financial statements for the acquired or to be acquired business (acquiree). For example, the registrant may be required to file a Form 8-K with financial statements for a
significant acquiree. Rule 11-01(d)-2 Acquisition or Probable Acquisition of a Development Stage Enterprise or Cost Center requires a filing.*

*Codification of Financial Reporting Policies, Section 506.02(c)(ii), the SEC offers the following guidance: Guidance as to when consummation of a transaction is probable cannot be given because such a determination is dependent upon the facts and circumstances. In essence, however, consummation of a transaction is considered to be probable whenever the registrants’ financial statements alone would not provide investors with adequate financial information with which to make an investment decision.*

*An entity should consider the following in determining whether the acquisition is “probable” for SEC reporting purposes:
• A signed definitive agreement or letter of intent.
• Approval from the board of directors or shareholders of the companies.
• Submission of the terms of the proposed transaction to appropriate regulatory agencies for approval.
• Evaluation of the overall status of negotiations.
• Incurrence of financial penalties if the acquisition is not consummated.
• Public announcement of a business acquisition.*

*Other factors may be present, and an acquisition may still be considered probable when none of the above factors exist if the registrant’s financial statements alone would not provide investors with adequate financial information with which to make an investment decision.*

The other possibility is that Crisco Butt is lying, and this is more dead good news. That is the stronger possibility.

It was nose candy. It makes you run on and on without saying much, except redshirts and comrades every once in awhile.