Stone & Company, LLC has successfully represented many unique
AMEX, NASDAQ and OTC:BB traded public companies in investor relations,
research and consulting. Through our highly focused investor relations
group, we have more than doubled or tripled the market valuation of a
number of successful "micro capitalization" emerging growth
companies shortly after their becoming retained as our clients and
significantly enhanced trading volume over time.
The public companies listed below currently or previously have
engaged the services of Alan Stone & Company, LLC.
ASC arranged research report coverage on the Company, and this helped
immediately with increased trading volume and improved the market
capitalization substantially. These efforts assisted the company in
achieving more attractive terms on subsequent investment.
represented "ABE" when it was owned by Unifast
Industries, a NASDAQ Company. ABE was the "crown jewel" of
Unifast and we then focused our communications campaign of
introductions towards a third party and prominent financial buyer
who was a Director of Bear Stearns & Company, who later
purchased the controlling block of shares and infused ABE with
several million dollars of working capital. Our clients obtained a
$5 million profit on this transaction.
initially assisted the company in developing contacts within the capital
markets. Subsequently, after determining management's financing
objectives, we procured several $10 to $15 million financing proposals
from leading brokerage firms (Josephthal, Schroder Wertheim, Oppenheimer,
and Cruttenden Roth). We also developed additional market maker support
and research coverage. The Company's market capitalization increased 5
times in value from when our efforts began.
COMPUTER APPLICATIONS, INC.
was initially retained by "CAP" when its shares were
traded inactively at $1.00. We immediately attracted analyst coverage,
newsletter coverage, and brokerage industry interest, more than tripling
the stock value on significantly enhanced trading volume, all within a
few months. Our success was
the result of focused and concentrated communications directed at highly
targeted investment professionals.
GOLD & SILVER
ASC represented the company during a period when it was seeking much more
active retail and brokerage support and research interest. We were
able to achieve an effective research coverage program, helped with
several investor conferences and with investor communications, resulting
in a doubling of share price and volume within several months of beginning
(NASDAQ Small Cap: "EILL")
retained by this specialty retailing company to provide a full service
Investor Relations program and consulting regarding capitalization and
investment intelligence. Developed
a program to enhance shareholder value. provide shuttle service to the
capital markets. We also conducted a media campaign to broaden
visibility, and visit with investment bankers in selected markets.
ASC assisted with research coverage and with media coverage in Equities
Magazine, which helped develop a more active trading market in the shares.
ASC helped initiate research coverage on the company and was able to
assist the company with certain contacts in the retail brokerage community
and with selected conferences. The company has been successful in growing
its business enormously during the initial period of our engagement and
will continue to get its story out to investors who should begin to see
the significant aspects of its growth and expansion as our program and
research coverage continues.
ASC was retained by "HARLYN", its stock was inactively trading
at $2.00/ share. Within six months, it reached a high of $5.00, then the
value leveled off at about $3.50, consistently reflecting increased
levels of volume. We increased interest in HARLYN through personal
meetings with many national and regional brokerage firms, analyst
coverage, media, articles in the Wall Street Journal and other
publications, newsletters, and attendance at various brokerage firm
conferences. Our effortsgenerated offers by several third party
investment banking firms (Schroder Wertheim, Oppenheimer, Wedbush
Morgan) to underwrite a secondary stock offering or convertible
debenture. We helped management obtain a $20 million credit facility
proposal for a major NY bank to restructure the Company's debt, and we
spearheaded an LBO proposal to purchase the Company's assets from its
REMOTE IMAGING SYSTEMS
was initially retained by "IRIS" when its stock was inactively
trading at $.60 share. As a result of our Investor Relations program, the stock
climbed over a period of four years to more than $9.00 per share. We
consistently produced detailed analyst reports which generated
"BUY" recommendations in numerous publications from Wall
Street analysts. We also obtained extensive media coverage resulting in
many favorable articles about IRIS's growth plans. We successfully
assisted IRIS in a communications campaign involving a private placement
of $2.5 million equity capital for its R&D subsidiary from a NASD
broker dealer. A number of leading, third party regional investment
banking firms made various offers to finance IRIS through either
secondary stock offerings or convertible preferred stock in the amount
of $5-$10 million, including Cruttenden Roth, Paulson and Gruntal.
ASC represented the company approximately two years, during which time the
company went from a very inactively traded bulletin board company,
previously having been delisted, to a very actively traded company which
was able to successfully raise several rounds of private capital and
upgrade its listing to the American Stock Exchange. During this period of
representation, the company was able to achieve research coverage, attain
major interest of retail and brokerage firms, and began to develop some
institutional interest. The shares achieved a major increase in
price and volume and have been accorded a market capitalization in excess
of $100 million. We actively traveled with management to many brokerage
conferences, investment shows, visits to brokerage firms, and assisted
actively with investor communications.
ASC assisted this internet television company subsequent to its initial
public offering during the popular periods of "dot com"
investment. The company was able to benefit from research coverage and
attendence at certain investor conferences including the NIBA capital
conference and AMEX presentations. ASC assisted the company with
upgrading its listing from the OTC bulletin board to the American Stock
Exchange and assisted with the listing process. During the period, the
shareholder values improved and liquidity improved significantly.
FRONTIER MEDIA, INC.
(NASDAQ Small Cap: "NOOF")
retaining Alan Stone & Company, New Frontier Media, Inc. obtained a
$7 million "firm" commitment for a secondary offering. We
conducted an extensive roadshow for the Company. The Company was able to
finance a significant acquisition as a result of these efforts,which
provided liquidity and enabled growth through future acquisitions and
new product development.
COAST ENERGY CORPORATION
(NASDAQ Small Cap: "NCEB")
represented "NCEB" when it was listed on the American
Stock Exchange, and when it was seeking
capital to grown and expand. We increased the company's market
capitalization in a short time frame by arranging several analyst
reports and newsletter recommendations. We then combined our investor
relations to communicate the Company’s potential to a respected third
party underwriter of oil and gas, resulting in a successful $5 million
public offering with Paulson Investment Co.
ASC was retained to help the company maintain its NASDAQ listing when
its shares were trading at $.50 and in imminent danger of delisting.
Within a month of our program, the shares were trading at $1.50 and
solved the company's listing problem.
ASC represented the company and its predecessor Ribogene, Inc for over
two years and assisted the company's management in developing
significantly enhanced trading volume in its shares. When our
representation began, the shares only traded two days per week with
volume of under 5,000 daily. Today, the shares frequently trade in
the hundereds of thousands in volume on many days and the company has be
able to successfully float more shares to retail, corporate, and
institutional investors, at the same time increasing its market
capitalization. We have traveled extensively with senior
management on roadshows attending brokerage conferences and one-on-one
meetings, exposing the company to a great deal of investment firms in
both NY and California. We have also helped the company secure
additional research coverage and develop a more extensive level of
interest in its shares. Management has been able to successfully effect
several mergers and financings during this period of our representation.
was very successful in obtaining significant media interest in
the company including several articles in the local press and national
publications. We assisted management in identifying and developing
relationships with several underwriting firms, which resulted in the
filing of a $10 million stock offering with Coleman & Co. and
Paulson Investment Co. Our firm arranged a cross-country road show to
assist with the offering
was initially retained by Xybernaut Corporation to schedule a national
Roadshow and introduce the Company to investment firms, institutions,
analysts and brokers. We were successful in obtaining several leading
analyst research reports recommendations as well as prominent newsletter
coverage on the Company. We organized presentations at several
institutional brokerage conferences in New York, sponsored by Merrill
Lynch, Goldman Sachs and DLJ, together with attendance at the Morgan
Stanley High Technology conference. We introduced several private
placement and secondary financing opportunities. We regularly traveled
with the Company's management to present the Company to the Wall Street
IT WORLDWIDE, INC.
(formerly NASDAQ Small Cap: "MEMO")
When ASC was
retained by "MEMO", its shares were at the all time low,
after year-end selling pressure. We designed a program of sponsorship,
attracted several new market makers and developed research support
from highly respected analysts and newsletters. As a result, the
volume picked up significantly, and its shares quickly doubled. Our
efforts continued in the area of media coverage, sponsorship, market
maker support, attending investor conferences, and one-on-one meetings
with brokers, enabling the company to achieve financing on more