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Re: elbiatcho1 post# 96845

Thursday, 10/08/2015 7:33:56 PM

Thursday, October 08, 2015 7:33:56 PM

Post# of 220748
Elbiatcho1,

Love your Linkedin profile.

LDHL (Liesure), CEO John Ayling, was the first person to hire me to do PR/IR. He never paid me. I dropped him as a client after two months. To this day, he has never paid me.

RVGD hired me to clean up a Steve Carnes mess. I tried, but the damage was to great. However my investigation did find Steve Carnes was possibly violating Rule 144(i). I informed the CEO and he took actions which eventually led to Steve Carnes and his entire crew getting sanctioned by the SEC.

SGGC, was your typical O&G pink play. They had a small lease. The price of oil plummeted right after he set up the deal. He ended up loosing his shirt right along with the investors. The marginal wells he owned couldn't pay for themselves. So the project was abandoned.

EXPH, another clean up project. This time it was a Green Tree Financial R/M deal that went south. I got the CEO out from under the bad advice he was getting. He had a legitimate business going and was supplying Lowes and Home Depots across the country with display packages. He went public to raise capital for an expansion, a badly advised go public transaction I might add. Right as he began to scale up, the 2008 economic collapse happened. First the bank chopped his factoring. Then Lowes and Home Depot pulled their orders. He had some long time workers who had been with him for years. He ultimately didn't cut back soon enough on payroll, he was too much of a bleeding heart. He tried to keep things afloat through toxic funding, but the loss of Lowes and Home Depot ultimately caused the business to fail. Many manufacturing companies failed after the 2008 collapse for the same reasons.

BDRR, those guys seemed pretty shady, at least the person advising the CEO seemed shady. I didn't work long with them. It became apparent pretty quickly they were not going to succeed.

My last gig was with SIAF. A Joseph Muse shell sold post Rule 144(i). Once again I was brought in to clean up a bad deal. We filed a Form 10, cleaned up the company's structure, landed Swedish investment, raised over $75M and last I heard they were preparing for a NASDAQ OMX listing.

Anything else you'd like to know?

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