New Profile: EKSIA
Sterling Media Capital Group doing a Reverse Merger with EKSIA in July.
EKSIA is a fully reporting foreign company (Canadian) trading in the US,
thus 5 letters in the symbol.
Sterling is a Privately held US company.
Why we like this reverse merger:
1) We feel Sterling has great potential already managing over $500
million in assests
2) Symbol and company change in July, new symbol should be 4 digits
because Sterling is US based company
3) INVT was a reverse merger into a shell and ran from .50 to $11
4) CEO of Sterling is a very respected individual with great busy savy.
5) More groups should be picking this one up before July.
Currently trading in the .06 range.
We feel Sterling will be a great company.
This one could really pick up steam and hit the double digits soon,
possibly in the low to mid teens. Below is a little about Sterling we
gathered from latest PR from EKSIA.
Sterling Media Fund Managers, L.L.C. dba Sterling Media Capital Group
(``Sterling''). Sterling is a privately-held asset management group
operating in the media/communications and financial services industries.
Sterling currently manages a pool of media-based assets with a total
net value, based on third party appraisals, of approximately $500,000,000.
This asset pool is expected to double over the next twelve months by the
addition of two new asset based investment programs coming under the
management of Sterling. Sterling uses the assets under its management to
raise investment capital, which it, in turn, invests in emerging growth
companies as venture capital. The assets managed now and presumably in the
future by Sterling provide a ``profits interest'' to Sterling in concert
with other third parties.
Sterling's executive office is in Tulsa, Oklahoma, with its administrative
offices in Dallas, Texas.
This is only a rumor. But people are posting on Ragingbull that this
gentlemen could be joining Sterling, an ex-excutive from Apple.
>Gilbert F. Amelio
>
>Dr. Amelio's career and accomplishments have been nothing short of
>remarkable. He co-founded a software firm while still a student at
>Georgia Tech. He has 16 patents to his credit, which he owns alone or
>jointly, one of which is the industry's first charge-coupled device
>used today in most consumer video cameras. He migrated into
>management at Fairchild Camera and Instrument and enjoyed tremendous
>success, which led him to Rockwell as president of their
>Semiconductor Products Division.
>
>Gil's success as a corporate transformation expert led him to be named
>President of National Semiconductor in 1991. The transformation of
National Semiconductor Corporation, under his direction is documented
>in his book, "Profit from Experience", which he co-authored with his
>colleague Dr. William Simon. In 1996 Gil accepted the challenge to
>attempt to resurrect struggling Apple Computer. After 18 months of
>spade work to refocus the Company, Gil resigned from Apple. He is
>currently co-authoring a second book with Simon, "On the Firing Line:
>My 500 Days at Apple Computer". Gil is now a partner and director of
>the San Francisco investment firm The Parkside Group LLC.
>
>Gil has been the recipient of many awards, he serves tirelessly on a
>number of industry boards, and is an advocate of lifelong learning.
> |
