EFTA02119338

To: From: Sent: Mon 12/2/2013 2:30:18 PM Subject: Re: I 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 • Ori•inal Messa•e > From: > 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. EFTA_R1_00751810 EFTA02119338