The name Pearlfriend is a translation of the Icelandic word perluvinur which is used to describe close friends who are like two peas in a pod. All pearlfriends deserve a little bling as well.

Easy beadwork. The beads are threaded onto the yarn before you start knitting.

The pattern download includes both English version and Icelandic version.
Pattern has written instructions and a photo tutorial for clarification.

See also Pearlfriend Hexagonal Collar:
http://www.ravelry.com/patterns/library/pearlfriend-collar