InvestorsHub Logo
Followers 7
Posts 1233
Boards Moderated 0
Alias Born 07/04/2011

Re: Lovestrading post# 46999

Thursday, 08/09/2012 12:28:52 PM

Thursday, August 09, 2012 12:28:52 PM

Post# of 47856
Lovestrading, try and keep a cool head about this situation. EMXC owns 25 million shares of MPIX. Rox and company will find a way to restore the shareholders investments. It takes time, but with close to 3,000 shareholders we all have feelings that can get in the way. It does no good wishing the worst for someone, especially when there is more than one company at stake here with many shareholders that own shares in both companies. Denny Diante brought in Wayne Kalish. Here is his resume:

Wayne Kalish is a contractor-based Chief Financial Officer Services provider focused on maximizing client profit margins. Strategies employed include 1) identifying and driving cost savings in areas that provide little or no benefit to customer and employee stakeholders, 2) renegotiation of vendor contracts in excess of current market rates, and 3) identifying and driving profitable revenue growth opportunities. Mr. Kalish also provides interim, part-time and project-based services in all traditional Private Company and SEC Accounting and Reporting, Finance, Internal Control and Business Model Efficiency disciplines, as well as Financial Personnel Recruitment, and Treasury and Risk Management, including assistance with Capital transactions and Insurance placements and renewals.

A New York native, Mr. Kalish graduated from the University of Central Florida with a Bachelor of Business Administration degree with an emphasis in Accounting. He began his career as a Certified Public Accountant auditing small, medium and large companies for KPMG Peat Marwick (now KPMG). He concluded his twelve-year KPMG career as an Audit Senior Manager with responsibility for managing audits of client companies and evaluating/solving technical accounting and reporting issues.

In 1995, a KPMG client, General Mills, recruited Mr. Kalish to its Restaurant Division (now Darden, Inc. (Darden)) to facilitate a tax-free spin-off that would ultimately make Darden an independent public company. Starting as the Manager of Corporate Reporting, responsible for the company's extensive general ledger and all SEC financial filings, he progressed quickly to become Director of Corporate Reporting and Analysis. The company had approximately 1,200 restaurants and $4 billion of revenue at the time. He then became Senior Director of Corporate Reporting and Analysis, taking on additional responsibilities including Fixed Asset Accounting, Inventory Accounting, and Purchasing Analysis. Mr. Kalish then moved to the company's highly successful Olive Garden Division where he served as Senior Director, Financial Planning and Analysis and Marketing Analysis for the approximately 500 unit concept at the time. He was part of an executive management team that consistently managed operating unit performance and guest satisfaction levels to best-ever results, while at the same time eliminating unnecessary costs and waste from the business. Two years later, Mr. Kalish moved back to the Corporate-side of Darden's business as Vice President/Corporate Officer responsible for a team of 130 Accounting and Finance professionals. His service included playing a key role on the team that guided Darden through its $1.4 billion acquisition of Rare Hospitality Group in 2007. The end result was a company with over 1,700 restaurants and $7 billion in revenue. While employed at Darden, Mr. Kalish obtained a Masters in Business Administration degree from the Rollins Crummer School of Business in 2001.

In late 2007, Tavistock Corporation (Tavistock) recruited Mr. Kalish to be its first-ever Group Chief Financial Officer. Tavistock is a private global investment company with assets exceeding $3 billion in industries including Private Residential and Resort Property, Master Planned Development, Financial Services, Biotechnology, Retail, Energy Generation, and Restaurants. Assuming responsibility for over 500 decentralized entities, Mr. Kalish quickly developed a worldwide financial reporting package, and implemented/strengthened accounting and investment-related controls. He also facilitated development of investment valuation tools/standards and portfolio performance reporting.

In September 2010, Mr. Kalish reunited with a one-time KPMG colleague and was hired to be Executive Vice President and Chief Financial Officer for Concord Management, Limited (Concord), a company that manages over 32,000 affordable apartment home units in nine states. He led a team of 65 Accounting, Tax, Finance, Risk and Cash Management, and Collections professionals. Significant contributions during his 18-month tenure included the following:

•Facilitated significant cash management cost reductions through banking renegotiations and increased use of technology, as well as other negotiation-based savings to insurance, advertising, software, and other operating-related contracts.
•Was instrumental in implementing a zero-accident workers compensation protocol/culture change and in moving the organization as a whole toward extraordinary customer service (related to both employees and community residents) and social media/internet-based advertising infrastructures.
Mr. Kalish has a long history of community service including the following:

•Worked with a team of business owners to construct deep water-wells for rural Costa Rican families.
•Current Board member, University of Central Florida Alumni Association.
•Current Committee member, University of Central Florida Foundation Finance Committee.
•Current Annual Mergers and Acquisitions guest speaker at University of Central Florida and Rollins Crummer Graduate School of Business.
•Past Board member, Orange County Public Schools Foundation.
•Past member, Rollins Crummer Graduate Business School Board of Overseers.
•Past Secretary, Boy Scout Troop 62 Leadership Committee (Father of an Eagle Scout).
•Past President, University of Central Florida School of Accounting Advisory Board.
•Past Treasurer, University of Central Florida Sigma Alpha Epsilon Housing Corporation.
•Past President and Board Chairman, The Center for Independent Living, a not-for-profit social services agency for the benefit of the physically handicapped.
•Past Treasurer, HRDC, Inc., a not-for-profit housing provider for the physically handicapped.
•Past President, Orlando Area Rotary Club. Paul Harris Fellow designation.
•Leadership Orlando Alumni.
Mindpix recently engaged the financial management and accounting services of Mr. Kalish, who brings over twenty-five years of experience in a broad range of financial accounting and business management and oversight experience to Mindpix. He has been instrumental in restating Mindpix financial statements as of and for the year ended December 31, 2011, and in preparing the financial statements as of and for the three-months ended March 31, 2012.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.