Accomplishments at our mergers, acquisitions & divestitures and corporate finance firm included getting three companies trading on the NASDAQ; assisting diverse clients in locating venture capital; funding of several start-up ventures in the high-tech and telecommunications areas; handling two acquisitions for a publicly-traded client; handling the sale of two companies to buyout groups. Advised clients on strategic, management and business issues and finance and accounting matters.

    Delivered or consulted on audit, accounting, tax, financial planning and international business matters with corporations, non-profit organizations, and individual professionals in various industries including manufacturing, high-tech, telecommunications, and entertainment.

    Established the North American Headquarters for Power Horse International Handels GmbH, a Vienna-based beverage distribution company. Set up and ran the systems for logistics, warehousing & distribution, legal and corporate affairs, human resources, and accounting and finance (September 2001 to March 2002).

    Oversaw the firm’s audits, consisting of a NASDAQ Company, a non-profit organization and a registered investment advisor. Oversaw the preparation of client financial statements, SEC filings, tax returns, management advisory services, and special engagements.

    Devised, recommended and/or implemented tax planning strategies.

    Administered the firm, a company with eight employees and approximately 1,100 individual and small to medium-sized business clients. Achieved average 15% yearly revenue growth.

    Accounting & reporting: Oversaw day-to-day operations of accounting and finance functions (staff of 25). Streamlined accounting systems while providing more meaningful operating information for management’s use. Wrote numerous financial reports including annual audit reports and SEC filings. Performed extensive analyses. Devised and implemented several internal reorganizations resulting in cost reductions totaling $20 million annually.

    Taxation: Reduced an IRS income tax audit assessment from $1.8 million to $150,000. Cut a $400,000 North Dakota sales and use tax assessment in half. Negotiated and settled sales and use tax assessments from various Louisiana parishes totaling in excess of $500,000 for approximately $200,000. Obtained a $505,000 refund of Texas Franchise Tax by aggressively exploiting a law change. Successfully sued the State of Mississippi and recovered $70,000 in sales and use taxes. Created and implemented a plan to reorganize the corporate/subsidiary structure generating $40,000,000 in tax deductions.

    Lender and Investor Relations/Mergers and Acquisitions: Designed and performed complex, extensive financial modeling. Prepared documents, business plans, projections, proposals, due diligence packages and reports, gave presentations and participated in negotiations. Deals included 1) a $28 million capital infusion and debt reduction; 2) a reorganization of the company involving a restructuring of $130 million in debt; 3) a $28 million exchange of debt for stock; 4) a $20 million transaction with $13 million in new capital and $7 million in restructured notes.

    Risk management: Negotiated and administered the company’s property and casualty insurance program, a $6-8 million annual expense. Implemented a unique reinsurance program saving $3-3.5 million annually.

    Negotiated numerous contracts and leases. Oversaw information systems, cash management, loan compliance and credit and collections functions.

    Income tax compliance and planning for a variety of public and private corporate clients and partnership, fiduciary and high-net-worth individual clients, including international.

    Audit, accounting and tax work for a variety of small to medium-size and individuals.