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Re: SLC-JD post# 80377

Tuesday, 05/12/2020 11:37:18 AM

Tuesday, May 12, 2020 11:37:18 AM

Post# of 80868
Speaking of which, the newly hired CFO on $MSLP has significant experience preparing a company for sale and filing delayed financials, according to his linkedin profile.

The Crypto Company:

* Write technical accounting memos including business combinations, discontinued operations, investments, internally developed software, going concern and SEC Staff Accounting Bulletin No. 99, “Materiality”.
* Researched and prepared accounting response for multiple SEC comment letters.
* Presented materiality position to SEC staff, avoiding refiling of prior period reports.
* Restated five prior period quarterly and annual financial statements.
* Monthly close, including consolidation of majority owned foreign subsidiary and share based compensation.

* File Forms 10-Q and 8-K for disposition of assets.




Electrorent:

Allen Sciarillo

Key finance leader promoted to CFO for this global industry leader providing rental, lease and sales of electronic test and measurement equipment worldwide, including U.S., Canada, Europe and China. Revenues in excess of $300 million annually. Responsible for 50-person staff.

* Positioned the company for sale to private equity, resulting in successful sale for $382 million.
* Key member of management team presenting to potential buyers.
* Participated in two rounds of financing, raising $750 million in debt.
* Responsible for timely monthly/quarterly reporting to private equity sponsor and lenders,

including bi-weekly cash flow, mid-month financial statements and monthly operating report.
* Finance lead for new general ledger implementation.
* Established two person financial planning and analysis group to prepare annual budgets, monthly
forecasting, capital expenditure tracking and ad hoc analysis.
* Represented Electro Rent in UK regulatory investigation after acquisition of largest competitor.
* Managed all insurance programs, ensuring appropriate limits were in place and updated as
necessary, including workers compensation, property, liability and D&O.



$MSLP



$MSLP - Every Dog Has Its Day .