

Hi, I’m Bob Koveleskie, founder and president of BizFin, LLC, a micro cap corporate finance center for entrepreneurs to help you bring your deals to resolution. I've spent the greater part of my life in finance as a stockbroker, founder and CEO of a regional Broker-Dealer investment bank, investment advisor, General Partner of Limited partnerships, consulting on corporate matters, and a developer, syndicator, and manager of commercial real estate. Email me if you need help getting a letter of credit, a business plan, stock loan, finding a Shell, financing for an acquisition, selling your business, financing a hotel, financing a management buy-out, finding a small IPO underwriter, getting a business loan, financing accounts receivable, or want advice on a deal on which you are working. If you want to continue receiving the BizFin Monday Morning Corporate List, please SUBSCRIBE FREE. Thank you!
Be careful when up-front fees are requested when you are seeking financing. There may never be an intent to finance. Some mortgage brokers and some lenders,
especially on the Internet, rely on up-front fees for a primary source of income and seldom fund. A good policy is to never pay an “up-front fee” to a broker or
an intermediary to find you financing. More
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MAJOR LOANS AGAINST YOUR PUBLIC SECURITIES IN 7 DAYS
Non-recourse loans in 7 business days. Loan to values range from 50% to 75%. No margin calls or maintenance requirements during term of
loan. Interest rates 3% to 5% and term of loans 3 to 5 years. Pre-payments allowed after first year. Interest due quarterly, principle due at term.
Email us for same day response. Thank you!
NEED CAPITAL FOR START-UPS
Is your company in the start-up stage and in need of capital? Go to http://www.bizfin.com/financing-sources-for-startups.htm where you will find
hundreds of sources and ideas how to raise capital for you new company. You will find many sources here and will need to spend considerable time
to see them all. We wish you success. If you are a capital source for start-ups please send us your information and we will list you in the BizFin start-up
section free.
March 7, 2010
notice of public FORECLOSURE salE of stock
PURSUANT TO UNIFORM COMMERCIAL CODE
PLEASE TAKE NOTICE that on March 24, 2011, Jim Iversen and Alfred Iversen (the “Iversens”) will conduct a public foreclosure sale (“Foreclosure Sale”) of 1,250 shares of common stock (the “Pledged Shares”) of A L Systems, Inc., a New Jersey corporation (“ALS”), which Briarcliff Solutions Group, LLC (“BSG”) pledged to the Iversens, as subordinated secured creditors of BSG, to secure the payment of BSG’s indebtedness to the Iversens (the “BSG Obligations”), pursuant to Article 9.610, et seq. of the Uniform Commercial Code (as enacted in the State of New York and all other applicable jurisdictions, the “UCC”). Default has occurred in the payment of the BSG Obligations.
PLEASE TAKE FURTHER NOTICE that the Foreclosure Sale of the Pledged Shares will be conducted on March 24, 2011 at 10:00 a.m., prevailing Houston, Texas time, at the office of Jackson Walker L.L.P., 1401 McKinney Street, Suite 1900 Houston, TX 77010.
PLEASE TAKE FURTHER NOTICE that the following terms and conditions will apply to the Foreclosure Sale:
1. The Pledged Shares will be sold to the highest bidder for cash or acceptable certified funds unless there is a higher credit bid by the Iversens as the holder of a security interest and lien covering the Pledged Shares.
2. The Foreclosure Sale and conveyance of the Pledged Shares will be subject to all matters of record applicable to the Pledged Shares which are superior to the security interest and liens of the Iversens, including the security interests and liens of Fifth Third Bank and Granite Creek Flexcap I, L.P. All cash proceeds will be delivered to Fifth Third Bank pursuant to existing contracts.
3. The total amount of the BSG Obligation is $2,244,689.09, of which the amount of $1,334,027.78 is past due and payable. The security interest and lien held by the Iversens in the Pledged Shares is expressly subordinate and subject to a security interest and lien held by Fifth Third Bank in the approximate amount of $1,175,000.09 as of February 21, 2011 (excluding accruing interest, default interest, fees, expenses and other charges), and a security interest and lien held by Granite Creek Flexcap I, L.P. in the approximate amount of $6,029,404.11 as of January 31, 2011 (excluding accruing interest, default interest, fees, expenses and other charges). The successful bidder at the Foreclosure Sale will acquire the Pledged Shares subject to the security interest and lien of Fifth Third Bank and Granite Creek Flexcap I, L.P., unless the successful bidder tenders an acceptable bid in an amount sufficient to satisfy in full in cash the BSG Obligations to the Iversens and the amount of indebtedness owed by BSG, Mincron and A L Systems to Fifth Third Bank and Granite Creek Flexcap I, L.P.
4. The Iversens have not made and will not make any covenants, representations, or warranties concerning the Pledged Shares other than providing the successful bidder at the Foreclosure Sale with a bill of sale and assignment to the Pledged Shares containing any warranties of title required by applicable law. The Pledged Shares shall be sold “As Is, Where is”, and “With All Faults” and no representation or warranty as to merchantability or fitness will be given.
5. The Pledged Shares will be sold only in a single block to a single purchaser.
6. The purchaser at the Foreclosure Sale will be required to execute an investment intent letter which will provide that: (a) it is an “accredited investor” as such term is defined in Section 501 of Regulation D of the Securities Act, (b) the Pledged Shares are being acquired for investment only and not for distribution; (c) the purchaser is acquiring the Pledged Shares only for its own account; (d) the purchaser has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the risks and merits of the investment; (e) the purchaser has sufficient financial means to afford the risk of the investment in the Pledged Shares; (f) the Pledged Shares are not registered and may not be resold unless registered or unless an exemption from registration is available; (g) the Pledged Shares certificate will be legended to reflect that the shares are restricted; and (h) the purchaser has had an opportunity to review such financial information about ALS as is in the possession of the Iversens.
7. The Iversens reserve the right to credit bid for the Pledged Shares and to accept any offer that, in their sole discretion, they determine to be acceptable.
8. The Pledged Shares will contain a restrictive legend typed on the certificates indicating that the shares may not be sold except pursuant to an effective registration or unless a valid exemption from registration is available.
9. Prospective purchasers will be furnished, on request to the Iversens, such public financial information on ALS as is in the possession of the Iversens subject to the execution of a non-disclosure and non-solicitation agreement.
10. THIS PUBLIC FORECLOSURE SALE NOTICE DOES NOT CONSTITUTE AN OFFER TO SELL, NOR THE SOLICITATION OF AN OFFER TO PURCHASE, THE STOCK TO OR FROM ANYONE IN ANY JURISDICTION IN WHICH SUCH AN OFFER OR SOLICITATION IS NOT AUTHORIZED.
PLEASE TAKE FURTHER NOTICE that the Iversens reserve the right, for any reason whatsoever, to: (i) adjourn the Foreclosure Sale at the Foreclosure Sale, (ii) withdraw from the Foreclosure Sale all or any portion of the Pledged Shares at any time prior to or during the Foreclosure Sale or cancel the Foreclosure Sale; and (iii) modify the bidding procedures regarding conduct of activities at the Foreclosure Sale, including, without limitation, the manner in which bids are submitted and the permitted increments of such bids.
PLEASE TAKE FURTHER NOTICE that interested parties may obtain further information regarding the Foreclosure Sale by contacting Robert Cowin, 217 N. Columbia Street, Covington, Louisiana 70433, Telephone (985) 635-6004.
Dated: February 25, 2011.
6020599v.4
notice of public FORECLOSURE sale of stock
pursuant to uniform commerical code
PLEASE TAKE NOTICE that on March 24, 2011, Read Boles, as representative, attorney-in-fact and agent of Sellers (“Secured Parties”) will conduct a public foreclosure sale (“Foreclosure Sale”) of 238,098 shares of common stock (the “Pledged Shares”) of Mincron SBC Corporation, a New York corporation (“Mincron”), which Briarcliff Solutions Group, LLC (“BSG”) pledged to the Secured Parties, as subordinated secured creditors of BSG, to secure the payment of the obligations due to the Secured Parties and Jenasys, LLC from BSG (the “BSG Obligations”), pursuant to Article 9.610, et seq. of the Uniform Commercial Code (as enacted in the State of New York and all other applicable jurisdictions, the “UCC”). Default has occurred in the payment of the BSG Obligations.
PLEASE TAKE FURTHER NOTICE that the Foreclosure Sale of the Pledged Shares will be conducted on March 24, 2011 at 10:00 a.m., prevailing Houston, Texas time, at the office of Jackson Walker L.L.P., 1401 McKinney Street, Suite 1900, Houston, TX 77010.
PLEASE TAKE FURTHER NOTICE that the following terms and conditions will apply to the Foreclosure Sale:
1 .The Pledged Shares will be sold to the highest bidder for cash or acceptable certified funds unless there is a higher credit bid by the Secured Parties as the holder of a security interest and lien covering the Pledged Shares.
2 .The Foreclosure Sale and conveyance of the Pledged Shares will be subject to all matters of record applicable to the Pledged Shares which are superior to the security interest and liens of the Secured Parties, including the security interests and liens of Fifth Third Bank and Granite Creek FlexCap I, L.P. All cash proceeds will be delivered to Fifth Third Bank pursuant to existing contracts.
3 .The total amount of the BSG Obligations is $3,724,727.73, of which the amount of $2,924,727.73 is past due and payable. The security interest and lien held by the Secured Parties in the Pledged Shares is expressly subordinate and subject to a security interest and lien held by Fifth Third Bank in the approximate amount of $1,175,000.09 as of February 21, 2011 (excluding accruing interest, default interest, fees, expenses and other charges), and a security interest and lien held by Granite Creek Flexcap I, L.P. in the approximate amount of $6,029,404.11 as of January 31, 2011 (excluding accruing interest, default interest, fees, expenses and other charges). The successful bidder at the Foreclosure Sale will acquire the Pledged Shares subject to the security interest and lien of Fifth Third Bank and Granite Creek Flexcap I, L.P., unless the successful bidder tenders an acceptable bid in an amount sufficient to satisfy in full in cash the BSG Obligations to Secured Parties and the amount of indebtedness owed by BSG, Mincron and A L Systems to Fifth Third Bank and Granite Creek FlexCap I, L.P., respectively.
4 .The Secured Parties have not made and will not make any covenants, representations, or warranties concerning the Pledged Shares other than providing the successful bidder at the Foreclosure Sale with a bill of sale and assignment to the Pledged Shares containing any warranties of title required by applicable law. The Pledged Shares shall be sold “As Is, Where is”, and “With All Faults” and no representation or warranty as to merchantability or fitness will be given.
5 .The Pledged Shares will be sold only in a single block to a single purchaser.
6 .The purchaser at the Foreclosure Sale will be required to execute an investment intent letter which will provide that: (a) it is an “accredited investor” as such term is defined in Section 501 of Regulation D of the Securities Act, (b) the Pledged Shares are being acquired for investment only and not for distribution; (c) the purchaser is acquiring the Pledged Shares only for its own account; (d) the purchaser has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the risks and merits of the investment; (e) the purchaser has sufficient financial means to afford the risk of the investment in the Pledged Shares; (f) the Pledged Shares are not registered and may not be resold unless registered or unless an exemption from registration is available; (g) the Pledged Shares certificate will be legended to reflect that the shares are restricted; and (h) the purchaser has had an opportunity to review such financial information about Mincron SBC Corporation as is in the possession of the Mincron Sellers Representative.
7 .Secured Parties reserve the right to credit bid for the Pledged Shares and to accept any offer that, in their sole discretion, they determine to be acceptable.
8 .The Pledged Shares will contain a restrictive legend typed on the certificates indicating that the shares may not be sold except pursuant to an effective registration or unless a valid exemption from registration is available.
9 .Prospective purchasers will be furnished, on request to Secured Parties, such public financial information on Mincron SBC Corporation as is in the possession of the Secured Parties subject to execution of a non-disclosure and non-solicitation agreement.
10 .THIS PUBLIC FORECLOSURE SALE NOTICE DOES NOT CONSTITUTE AN OFFER TO SELL, NOR THE SOLICITATION OF AN OFFER TO PURCHASE, THE STOCK TO OR FROM ANYONE IN ANY JURISDICTION IN WHICH SUCH AN OFFER OR SOLICITATION IS NOT AUTHORIZED.
PLEASE TAKE FURTHER NOTICE that the Secured Parties reserve the right, for any reason whatsoever, to: (i) adjourn the Foreclosure Sale at the Foreclosure Sale, (ii) withdraw from the Foreclosure Sale all or any portion of the Pledged Shares at any time prior to or during the Foreclosure Sale or cancel the Foreclosure Sale; and (iii) modify the bidding procedures regarding conduct of activities at the Foreclosure Sale, including, without limitation, the manner in which bids are submitted and the permitted increments of such bids.
PLEASE TAKE FURTHER NOTICE that interested parties may obtain further information regarding the Foreclosure Sale by contacting Robert Cowin, 217 N. Columbia Street, Covington, Louisiana 70433, Telephone (985) 635-6004.
Dated: February 25, 2011.
6007168v.5
ARE YOU INTERESTED IN RAISING CAPITAL AS A PUBLIC COMPANY?
You may qualify if your company has a product or service that has outstanding growth potential with annual revenues of
at least $10 million and EBITDA of at least $1 million.. If interested, please email a brief summary of your company with
your website address, email address, telephone number and the name of a contact person.
UNABLE TO SECURE COMMERCIAL FINANCING THROUGH TRADITIONAL SOURCES? No upfront fees charged
Unable to secure commercial financing through traditional sources, particularly if funding needs are immediate?: Developmental stage
companies, companies with historical and/or current losses, companies with negative net worth or tax liens, companies in Chapter 11,
healthy companies that need a more aggressive lender who will provide a larger credit facility and companies where the principals have
poor credit. Individuals who have poor credit or limited capital to make an acquisition of a commercial property or operating business
may also find help through our lenders. Email a brief synopsis.
FOUR STAR HOTEL DEVELOPER SEEKING FINANCING
Experienced developer needs $20,000,000 to buy an refurbish a four star hotel. Hotel capital sources may contact Robert Koveleskie at
BizFin.com by email cap...@bizfin.com
ESTABLISHED TURNKEY HIGHLY PROFITABLE UNIQUE MEDICAL PRODUCT DISTRIBUTORSHIP FOR SALE The alternative health field is an
$5+ Billion dollar market. The company, established as a profitable leading distributor with multiple market areas offers a 22nd century technology
product (the leading product of its type in the world) that helps the body heal without drugs using an FDA approved for over the counter sales medical
device Purchase price - $1,300,000. Accredited principles please contact : Global Capital Funding group, LLC John J. Csaszar, Tel. 866-775-2211
MAJOR LOANS AGAINST YOUR PUBLIC SECURITIES IN 7 DAYS
Non-recourse loans in 7 business days. Loan to values range from 50% to 75%. No margin calls or maintenance requirements during term of
loan. Interest rates 3% to 5% and term of loans 3 to 5 years. Pre-payments allowed after first year. Interest due quarterly, principle due at term.
Email us for same day response. Thank you!
ASSET BASED LENDING REVENUE BONDS
for asset based lending, expansion capital and acquisitions. Bonds are negotiable and usually span a twenty year term. Our network of institutional
and private investors enables us to access capital for revenue bonds, M&A, bridge loans, growth capital recapitalization, refinancing, working capital,
turnarounds, restructuring IP financing, equity financing for companies with revenues of $5 million to $45 million with minimum of $3 million EBITDA.
Wall Street Venture Capital, located at 110 Wall Street, NY, NY, 10005 Tel. 877-748-4468 wallstreetve...@yahoo.com website www.wallstreetventurecapital.net
UNBELIEVABLE ACQUISITION OPPORTUNITY
Company has national agreements with Fannie Mae & Freddie Mac, Asset Mgt Co's, local municipalities and Natl. Financial Institutions, chartered to secure
& rehabilitate Fannie Mae & Freddie Mac foreclosed properties in preparation for sale. They have been given the green light by these agencies to duplicate
this model across the USA! Financial capability to fund this growth must be provided. Principals are willing to remain with the right partners. Reason for selling
is insufficient capital to expand. Construction industry. Location Florida. Price $8 million. Net profit $1,700,491. For information call Roberta Caputo (954) 520-4060
email capit...@gmail.com Listing No: BBF-26498754
OVER LEVERAGED REAL ESTATE WANTED / AVOID PHANTOM GAIN FROM POSSIBLE FORECLOSURE We are a Publicly traded company acquiring
over-leveraged commercial real estate in the U.S. If you have a distressed real estate deal and are concerned about the tax ramifications of foreclosure,
collection costs and legal fees or have an asset that you feel can't be saved given the current capital structure, call us. Our model is to take on the tax
consequences of foreclosure and allow the seller to move on in their business and tax planning. We are interested in multifamily, office, retail and
industrial properties in the continental U.S. Contact Brad Hayosh 248.779.4097 email bha...@madproco.com for a confidential review of your situation.
WANT TO BUY A COMPANY? WE HAVE THE SELLERS AND FINANCE SOURCES
If you own a US business with sales $5-50 million and want to sell, we have access to qualified buyers. And we have extensive visibility within the US,
South America, Asia and UK. email us.
ASSET BASED LENDING REVENUE BONDS
for asset based lending, expansion capital and acquisitions. Bonds are negotiable and usually span a twenty year term. Our network of institutional
and private investors enables us to access capital for revenue bonds, M&A, bridge loans, growth capital recapitalization, refinancing, working capital,
turnarounds, restructuring IP financing, equity financing for companies with revenues of $5 million to $45 million with minimum of $3 million EBITDA.
Wall Street Venture Capital, located at 110 Wall Street, NY, NY, 10005 Tel. 877-748-4468 wallstreetve...@yahoo.com website www.wallstreetventurecapital.net
DO YOU NEED CAPITAL?
Disappointed in your efforts to raise domestic capital? If so, we may be able to help you do it in the global markets. GFE Corp, (Global Financial Exchange),
is a leading financial services and consulting team partnered with banks, underwriters, placement agents and listing partners, globally. We have partners
who are members of exchanges such as the Deutsche Bores Open Market and the Bermuda Stock Exchange. At no cost or obligation we evaluate your plans.
You can call our Chairman, Gregg Nolan directly at 203-910-7030 or our office at 860-274-4287. We want to help you.
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