Owner, boss, president
Let me tell you about Mr. Graveline. It was just the two of us, Ernie and me, his iceman making and delivering ice at the start when he bought the little local ice company that could from Peter Boyko in 2011. We were the little guys trying to make a go of it competing against Polar Ice and the big American owned ice company named after a Glacier in the Arctic.
Many years ago the big American owned ice company named after a glacier in the Arctic use to be the big Canadian owned ice company. During my second year at Columbia Ice the big Canadian owned ice company end up having money issues causing them to enter bankruptcy or bankruptcy protection. Ernie at the time decided it was a good investment to buy their stock at 4 cents figuring either way he would stand to benefit. Big Canadian ice company closes, everyone will need ice. If they stay in business and get bought out of bankruptcy, shareholders get pay out. We are making ice and between pallets checking the stock price.
After a few months of getting in shape running to the computer between pallets, an investment firm in Florida bought the big Canadian owned ice company out of bankruptcy and with a stroke of a pen the big Canadian owned ice company became the big American owned ice company. The payout to shareholders was 24 cents. It sounds like a little bit of money but to go form 4 cents to 24 cents on a stock that is a 600% return on the investment which got us a reefer truck and ten ton Vogt ice maker.
Farmer, serial entrepreneur, investor, husband, cancer survivor, iceman. That is Ernie Graveline.