Moro Corporation (MRCR): The Moro Companies 12/28/2008 Moro Co...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	50
Posts	6343
Boards Moderated	0
Alias Born	01/22/2006

ghmm

Re: None

Friday, 12/28/2007 6:06:19 AM

Friday, December 28, 2007 6:06:19 AM

The Moro Companies 12/28/2008

Moro Corp. (The Holding Company) http://www.morocorp.com/
- Current Ownership in 5 companies

Colmen Menard (Mr. Menard's Firm) http://www.colmenmenard.com/
- Firm does investment banking. Believe it is currently not very active. In addition to Mr. Menard, Mr. Corr plays an active role in Moro

The Companies
1) JM Ahle
. Acquired April 3, 2000
. Purchase Price $1,406,212
. Fabricator and distributor of reinforcing steel to contractors and subcontractors for use in the construction of highways, airports, bridges, treatment facilities, schools, public facilities, industrial and commercial buildings, and other structures.
. http://www.jmahle.com/

2) Rado Enterprises
. Acquired October 2, 2002
. Purchase Price $2,424,000
. Mechanical contractor engaged in various plumbing and HVAC
. http://www.radoenterprises.com/

3) Whaling City Iron
. Acquired April 12, 2004
. Purchase Price $655,159; Funded ($245K Cash on Hand, $75,159 liquidation of acquired assets, balance with Notes/Bank Debt)
. More details on the transaction (assets of Whaling) can be found in the 2004 Moro Annual Report
. Est. 11 Employees (D&B), Fabricates and distributes concrete reinforcing and structural steel
. http://www.wciron.com/

4) Appolo Heating
. Acquired March 1, 2006
. '05 Sales $12.6 Million, Revenue $1.1 Million
. Purchase Price: $3,307,275; Funded ($1.1 Million Cash on Hand, 950K in 10% Convertible Note, 50k sale of 5% interest in Appolo, balance with Notes/Bank Debt)
. More details on the transaction (assets of Appolo) can be found in the 2006 Moro Annual Report and some information also in the 2005 Moro Annual Report)
. 125 Employees, HVAC Contractor
. http://www.appoloheating.com/

5) J & J Sheet Metal Works
. Acquired November 1, 2007
. (Terms not yet disclosed)
. 45 Employees, Fabricator of Sheet Metal HVAC Products
. http://jjservicegroup.com/