"Richard truly has an extraordinary talent for restructuring companies in duress. When my company experienced it's darkest hour, Richard came in and created a plan to avert bankruptcy and gain the trust of our debt and equity investors. His experience in understanding the motivation of all parties was simply invaluable!" Art Zeile, CEO, www.32points.com
Through our experience working with companies, we have assumed various roles and assignments in both advisory and interim management capacities. Examples of our appointments and deliverables are below.
| COMPANY | ASSIGNMENT |
|---|---|
| Mendocino Software | CEO/Fiduciary — marketed Intellectual Property, sold all assets and dissolved corporation. |
| Exabyte | Advisor to CEO/CFO — Managed debt restructuring as well as facilities consolidation |
| Gene Networks | Advisor to CEO/Board — Conducted business audit to determine to find additional funding or sell |
| Stockton Pacific | Advisor to CFO — Managed debt restructuring |
| EMS | Advisor to Board — Developed operational plan including an evaluation and recommendations as well as CEO coaching |
| Lightsource | Advisor to CEO — Developed an operational plan audit, cleaned balance sheet, and gained additional equity investment |
| Olympus Sporting Goods | Advisor to CEO — Conducted audit, managed debt restructuring and sold business |
| Sears, plc | Advisor to CEO — Conducted operations analysis and developed recommendations |
| Inflow, Inc. | Advisor to the Board - Restructured operations and raised additional equity investment |
| Ter Meullen Post | CEO — Stabilized and sold |
| HedgeStreet | CEO/Fiduciary — stabilized operations & completed sale of the business. |
| Riedel Environmental | CEO — Completed turnaround and sale |
| Oakville Markets | CEO/Assignee in ‘ABC' proceeding. |
| Sun Valley Technical Repair | CEO/Fiduciary — Asset sales & closure. |
| IDE/Aonix | CEO - Completed sale |
| Nchip | Chairman — Stabilized, refinanced and sold |
| Hammerhead Systems | Advisor to CEO — Recapitalization. |
| Integrated Measurement (IMS) | CEO — Stabilized and merged |
| SciMagix, Inc. | CEO — Stabilized and merged |
| Identix, Inc. | Division VP & GM |
| Skystream Networks, Inc. | CFO — Successfully raised $44M |
| StorageWay, Inc. | CEO — Conducted asset sale and close |
| Craftmart | GM — Conducted bankruptcy sale |
| MovieBeam | Chmn/CEO — Restructured balance sheet & sold. |
| Avantos | CEO - Conducted asset sale and close |
| Neurome | CEO - Conducted asset sale and close |
| Blue Bell | CEO — Conducted bankruptcy sale |
| Cinta | CEO - Conducted asset sale and close |
| Offroad Capital | GM - Conducted asset sale and close |
| Viewlocity | CEO/Fiduciary — Sale of Business |
| Omega | CEO — Conducted bankruptcy reorganization |
| Riffage | CEO - Conducted asset sale and close |
| Pharmix | CEO/Fiduciary — Intellectual Property sale and closure. |
| Pets.com | COB - Conducted asset sale and close |
| ComUnity Lending | CEO/Fiduciary — Managing through Chapter 11 proceeding/ |
| Adicom Wireless | CEO - Conducted asset sale and close |
| Zatso | CEO - Conducted asset sale and close |
| WomanSense | CEO — Restructured and closed |
| Maternicare | CEO — Stabilized and closed |
| Front Office | CEO - Conducted asset sale and close |
| Converged Access | CEO/Fiduciary — marketed Intellectual Property, sold all assets and dissolved corporation. |
| Mobility Networks | CEO — ABC — Conducted asset sale and close |