Case Studies

Superconductor company focused in the telecommunications sector where company was facing declining revenue.

• Advised company on transitioning core technologies toward markets with greater growth opportunities.

• Advised company regarding joint venture with Chinese telecommunications company.

• Advised company on new strategy to focus on 2G HTS wire that could be disruptive to several industries.

• Working with IP Capital Group to assist in IP strategy for HTS wire opportunity.

• Executed two financings to raise approximately $18MM.

• Actively covering with research coverage and introducing to investors post financing.

Crossroads Systems, Inc. a global leading provider of solutions to connect, protect, secure and restore digital data.

• Advised company on recapitalization and transitioning from pink sheets to NASDAQ listing.

• Advised company on new strategy to focus on patent dominance in the virtual data storage industry.

• Working with IP Capital Group to assist in IP strategy for data storage opportunity.

• Executed financing to raise $10MM.

• Actively covering with research coverage and introducing to investors post financing.

Uni-Pixel, Inc. is a production stage company delivering superior performance engineered films to the touch screen, flexible electronics, and lighting and display markets. Company was pre-revenue with 2 months cash and 3.1 million in convertible notes maturing in 2 months.

• Advised company on recapitalization and restructuring of company equity and debt.

Company developing next generation laser based projection systems. Company had month cash burn rate of $1.7MM and had less than one month of cash on hand and approximately $12MM in debt maturing in 9 months.

• Worked with COO to reorganize Board of Directors and elevate him to CEO in the process.

• Advised on strategy to raise capital that would not trigger anti-dilution clauses from previous financings.

• Advised on strategy to repay debt holders without triggering dilutive covenants.

• Devised approach to reposition the perception of the company with investors and focus on pico projector market.

• Executed 2 financings totaling $33MM to repay debt and give ample operating capital to enable smooth transition to a new business strategy.

Commercialize and protect valuable patent portfolio to provide solutions for secure real-time communications such as instant messaging and voice over internet protocol.

• Identified source of unique IP.

• Established working relationship with IP holder (SAIC).

• Recruited CEO.

• Co-authored business plan.

• Negotiated IP licenses and assignments.

• Co-founded private company.

• Arranged reverse merger into public company tied to $4.5MM financing.

Start up company with three employees that had licensed technology for the treatment of Alzheimer’s disease. Company unsuccessful in raising material amount of capital to enter clinical trials.

• Repositioned company as a “virtual” pharmaceutical company that creates value with promising compounds in a focused “capital light” strategy.

• Successfully crafted and communicated unique company strategy.

• Completed reverse merger with $14MM financing.

• Market value transitioned from $10MM to over $400MM in less that 24 months and reached over $800MM in peak market value.

• Helped form company that was positioned to treat many disorders where lipids are a key component.

• Recruited management and Board members and legal and accounting professionals.

• Put in place key outsourced R&D and manufacturing agreements.

• Raised in excess of $80MM in private placements and merger financing.

• Took company from inception to over $200MM in market value in 18 months.

Start up company with a licensed hormone analog for the Treatment of HIV. Company was looking to finance clinical trials for the promising compound.

• Positioned company with a powerful platform technology capable of multiple uses

• Arranged seed capital

• Recruited board and directors and key management to assist in execution of strategy

• Sourced public company and executive merger and financings aggregating approximately $50MM

• Market value of shares reached approximately $200MM in 18 months from when we started and over $800MM peak market value.