Yesterday at 12:03pm I submitted a comment to "carriertom" where I commented about my Caymanian accountant friend Jeff Parker, and his CWCO. By coincidence, ROBTV interviewed Jeff a few hours later, and you can see the replay.

Go to ROBTV.com and click on the Video Replay link, and then Thursday March 30. Go to 6:00pm Stars and Dogs ("Technology to take the salt out of water") and click on the Replay. Then slide the play bar down until you get to about 24:00 minutes. The next three and a half minutes will show the Parker/CWCO interview.

Jeff, by the way, is a "Star" " in my books too. He is a FCA who had a terrific career in public accountancy in Grand Cayman before he ventured successfully into business.

He tells the audience that his expansion plans could take him anywhere but he is focused on the Caribbean as well as the South Atlantic (Bermuda/Bahamas) because he understands the culture, the laws, and so forth. I can't begin to tell you how important that statement is.

Recently I held high level meetings with a Minister of The Bahamas and then with all senior officers and directors of the Grand Bahama Port Authority (GBPA), Grand Bahama Development Co, and Hutchison Whampoa Bahamas. The heads of GBPA, which essentially operates a country within a country, thanked me for "coming through the front door".

I replied that unlike pie-in-the-sky promoters who line their visitor rooms daily, I offered only expertise and experience, and I wanted to build something valuable for them. They appreciated what I was saying.

You see, like Jeff Parker, I understand the culture and laws, and the real opportunities, of the Bahamas.

As to Consolidated Water (CWCO), this is a stock to watch. Bear phases will knock its share price, but (i) the product will always be essential, (ii) once the product is into a particular market, it holds an unfair advantage in that it is there to stay " to the exclusion of competitors, and (iii) as long as Jeff Parker is at the helm, the Company will be well managed.

I last spoke to Jeff 18 months ago just before my ill-fated Bayou Group venture came apart at the seams. Bayou was setting up an offshore trading company in Cayman (because of their history there) and I was being recruited to build it and manage it. I agreed on the basis that (i) the whole operation would be based in Freeport, and (ii) they were legit.

Unfortunately one of those two failed. My personal regrouping and return to Bahamas and Freeport in particular is proof that Bayou was the loser. Freeport, Grand Bahama Island, like Jeff, is a "star".

And a star you'll soon be seeing a lot of here...