2003 Activity*
| May-Dec | Virtual Language, Inc. Boca Raton FL Retained by founder/CEO to raise early stage equity to fund implementation of two signed contracts to teach English as a second language (ESL) to aviation industry professionals. Assisted in negotiations with unsolicited lender investor to create "joint" venture to pursue ESL opportunities. |
| July | FIU Venture Capital Fair North Miami FL Principal of SBC one of four panelists at Florida International University sponsored venture capital forum for its Executive MBA program. |
| Jun-Sep | Ageless Foundation Labortatories, Inc. Miami FL Initiated transaction and retained by co-founder/CEO of this distributor of health supplements to act as financial advisor to evaluate third-party offer to purchase and negotiate terms of transaction. Client declined to proceed with sale. |
| Jan-Apr | Orvabus Medical Technologies Inc. Fort Lauderdale FL Retained by CEO to act as financial advisor, perform enterprise valuation and raise private equity. Client terminated assignment after deeming identified investor's terms unacceptable. |
| May-Jun | LaBranche & Co., Inc. Principal of SBC planned, designed and organized two four-hour ethics education seminars for 44 senior employees; acted as principal speaker/lecturer/instructor/facilitaor; reported to chairman/CEO. |
| Jan-Dec | Renaissance Partners Pompano Beach FL Principal of SBC sat as member, board of advisors, of this troubled business turnaround and pre-turnaround consulting group. |
| Jan-Apr | Securities Industry Asscociation New York NY Principal of SBC retained to co-edit association's Fifth Edition of its Capital Markets Handbook; reporting to executive vice president and working with vice president-director of securities research. |
| Sep | Strateguc Research Institute New York NY Principal of SBC chaired panel at 2003 Annual Small & Micro Cap Public Company Symposium on "Managing the Effects of the 'Perfect Storm' ", i.e., lack of analyst coverage, limited access to capital, lack of liquidity, weak stock price, impact of Sarbanes-Oxley, finding qualified "independent" directors and managing D&O premiums. |
| Mar-Apr, Sep-Dec |
University of Florida Gainesville FL Principal of SBC acted as coordinator/visiting lecturer for investment banking course offered to second year MBA candidates at Warrington College of Business Adminstration; as co-administrator of the college's Finance Professional Speaker Series; and as ad hoc advisor to MBA and MS (finance) candidates. |
| Apr | Venture Capital Breakfast Fort Lauderdale Principal of SBC one of four panelist at FUNDINGPOST-initated and Morgan, Lewis & Bockius-sponsored panel discussion/Q&A session that attracted over 100 attendees. |
*Conducted through South Beach Capital Markets Incorporated ("SBC"), an NASD investment bank/broker-dealer, of which Bruce S. Foerster was a co-founding principal.