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Re: KART4445 post# 61030

Tuesday, 01/15/2019 9:51:08 PM

Tuesday, January 15, 2019 9:51:08 PM

Post# of 68548
Lol Kart- (thanks guys by the way)

Check this out from the PDF:

“Additional Projects:
• Saved a $50M manufacturer from bankruptcy and generated $1.2M of annualized free cash flow through complete refurbishment of back office operations and sales force.”


“Midas International:

Orchestrated the highly complex financial and operational restructuring of Midas International,
successfully refinancing over $178M worth of bank and private placement debt.”


- “Raised $80M of debt financing to facilitate ongoing operations.
- Successfully mitigated $200M worth of claims.”



“Orchestrated sales and marketing initiatives encompassing networking with leading bankruptcy counsels in various states as well as major commercial lending institutions, hedge funds and related organizations within target territories. Monitored performance of at-risk organizations, identifying and targeting new business opportunities as well as authoring and delivering successful proposals to prospective clients.”

“Major Contributions:
• Developed and executed full restructuring of accounting and finance function leading to 400% year-over-year increase in operating cash flow.
• Identified nearly $30 million of previously unidentified delinquent accounts receivable (e.g., over 90 day receivables, pending change orders, retention, etc.) and worked closely with division operators to aggressively collect over 20% in less than twelve months.
• Reduced underbillings by $11 million, or 27.5%, during the first six months.
• Successful negotiated three party multi-national consortium agreement related to $500 million
Port Authority of New York transit project.
• Established stand-alone divisional financial statements and implemented significant
improvements in cash flow reporting and forecasting.
• Secured $25 million of acquisition financing to support national transit expansion efforts.
• Investigated, developed and executed key executive phantom equity plan.”


There is a frickin Road Map for you...

T.

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