HAWAIIAN WORD OF THE DAY - WAIWAI:  Wealth, wealthy
HAWAIIAN PROVERB OF THE DAY - “The rats joyously eat their fill, leaving many skins.”

October 6, 2003: David Cole and Maui Land & Pine reach an agreement that gives Cole the option to purchase up to 200,000 shares of stock for the current exercise price of $19.70 per share. (The full agreement can be read at: http://www.socratek.com/Agreement-Details.asp?num=292315)

The market price as of October 3, 2003 for ML&P stock was $28.55 per share. This means Cole could purchase 200,000 shares for $19.70 a share, then sell it for the going market price, pocketing $1.77 million. To put this into perspective, this one stock deal would earn for Cole what the average Maui family (income of $60,000) would take 29 years to earn.

You can call a person many things without reaction, but people react resentfully to the accusation that they are lazy. This is why so many people perform pretend activities on Maui. There is a great deal of idle-busyness on Maui.

Sometimes wealthy people build walls and gates around themselves, because they would be ashamed for other people to see how pointlessly they live their lives. Another group of Mauians keep themselves busy destroying what they found when they arrived. This group is better than the idle-scarecrows, because it is better to act than to vegetate. However, unenlightened action has its own damning karma.

Read the rest…