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hey everyone welcome back to the pool Corp analysis that Im going through if you havent got a broker yet interactive brokers Link in the description below is the one that I use I think theyre the best in the world so let me jump into the management of this business but Im also going to highlight a red flag that I found as well and I think its really important especially if youre already an investor in this company or looking to invest seriously stay tuned for that red flag so The Story Goes a little bit like this Manuel Perez De La Mesa founded the company in 93 trying to create a wholesale distribution company for the swimming pool industry makes sense obviously and back in those days he noticed there was a like a fragmented Market with many small Regional Pool Supply Distributors uh any sort of opportunity to consolidate them and get some sort of scale going with a being a big distributor he previously worked at watsko and was president of the pool in Spa division so he knew th