From: Lesley Groff <MIMS
To: "IIMEMINIM I
Subject: Re:
Date: Mon, 02 Dec 2013 14:30:18 +0000
you bet...and he is not in PB...
On Dec 2, 2013, at 9:29 AM, wrote:
> Thanks. You're the best. He down in PB by any chance?
> Sent via BlackBerry from T-Mobile
• Original Message
> From: Lesley Groff ‹ >
> Date: Mon, 2 Dec 2013 09:24:02
> To: Bruce Galloway >
> Subject: Re:
> thanks Bruce...will relay to JE..
> On Dec 2, 2013, at 8:51 AM, Bruce Galloway wrote:
>> Hey. Jeffrey. Something significant has come up which is very timely. In talking to a
small activist institution that does similar things to me , they mentioned an oppty to me.
They were shown a shell with about 80mm in mostly cash with a 145mm NOL. They said that a
control block was for sale for about 18-20mm. With this purchase we would make it into an
investment co. We have 2 companies that we can get 50+ percent that are 28 and 36 mm in sales
each and growing 40 percent +. Both super exciting businesses . Than we would take activist
roles in those 5 in the powerpoint with the 1st 2 being the lbn energy co which should earn
50-80mm in 014(55mm market cap) and the Marine Transp business where we have seen rates
recover significantly. The Institution that showed us the deal will also participate with us.
EFTA00378804