Monthly Archives: June 2016

Devco Is Optimistic About Solving Its Cash Crisis

Questions have been raised over Middlesex County Improvement Authority’s failure to pay a principal of $ 1 million and an interest of $20 million that was loaned by the Casino Reinvestment Development Authority. The loan was used in bankrolling the construction of The Heldrich. This development is a new hotel and conference center based in New Brunswick. The New Brunswick Development Corporation developed the Heldrich.

It is in 2007 that the 235-room was opened. The hotel has not been able to attract guests as per its expectations. In 2015, the occupancy rate stood at 63.5%. The hotel has been cash-strapped to the extent that it channeled part of its money, intended to expend other expenses, to pay for basic capital expenses.
The Atlantic County Improvement Authority is planning to float $ 120 million in bonds for the Gateway project. The money shall be used in developing a Stockton University satellite campus. It shall be repaid through the revenue raised from dorm-room as well as the sale of tax credits. Atlantic County Improvement Authority’s bond counsel, John Cantalupo, posited that he had reviewed the Heldrich financing and was certain that the Gateway bonds would not experience similar shortfalls. This information was originally reported on Press of Atlantic City as highlighted in the following link http://www.pressofatlanticcity.com/news/breaking/unpaid-million-crda-loan-raises-questions-about-new-brunswick-devco/article_a03318e2-dcdb-11e5-a563-67611bc7b7bc.html
About Devco
New Brunswick Development Corporation (Devco) was founded in 1970’s to revitalize the city. The nonprofit company engages in urban real estate development. Through Devco, New Brunswick has registered remarkable renaissance. To date, Devco has invested more than $1.6 billion in New Brunswick. DEVCO continues to open one project, break ground for another project and financing as well as envisioning new projects for the future. Its exceptional approach to redevelopment has enhanced the robustness of New Brunswick. This is because of the many buildings that have been developed in the past and continue to be developed into the future.

James Dondero and Highland Capital Management Expanding Charitable Giving

When it comes to understanding what Highland Capital Management and James Dondero are all about, look no further than to the recent news that James Dondero has teamed up to continue the focus on giving in the Dallas area. Not only does this mean Highland Capital Management continues to exceed expectations and surpass the competition when it comes to generating profits, but it also means there is a significant amount of opportunity to continue being leaders in the social responsibility world as well.

Highland Capital Management is a tremendous organization that has caught on in recent years thanks in no small part to the work by James Dondero. James Dondero has not only helped to guide the company in the right direction, but by instilling the correct principles and ideas into his entire staff, the unanimous direction is forward.

When you think about Dondero’s past it should be no secret that this was going to happen at some point. Some would say James Dondero was destined to lead an organization into not only a profit rich future, but one that would be measured on their ability to give back to the community. When you think about James Dondero it isn’t just his ability to understand financial markets, but it is his ability to understand people that has gotten him so far. That is exactly why it is not even a surprise to see his focus has been so occupied with making sure those around him are also able to benefit as a result of the success of Highland Capital Management.

At the end of the day there is a new trend that is starting to emerge with financial organizations and with businesses in general. It isn’t just about trying to be the first one up the proverbial ladder that counts anymore. It is about climbing each rung up that ladder while also reaching back behind you to help the next person as well. When you start to see the success of Highland Capital Management, you can be thankful for their profit. However, when you see their work in the community and with charities, you can simply be proud.

Source: http://www.businesswire.com/news/home/20160608006430/en/James-Dondero-Teams-Dallas-Civic-Leader-Linda

Additional Links:

http://thedallasjournal.org/the-career-achievements-of-james-dondero/

http://drgoldbuyerdallas.com/meet-james-dondero-the-highland-capital-management-co-founder-and-president/

Keith Mann’s Scholarship Award for Next Business Innovation Leader

Every year, one senior who graduates from one of the Uncommon Schools high schools based in Brooklyn will get an opportunity to realize their business innovation dreams by attending a fully paid four-year college. Announcing the Keith and Keely Mann Scholarship for Professional Achievement, Dynamics Search Partners Co-Founder and Managing Director, Keith Mann, said that his organization’s goal is to help Uncommon Schools enable underprivileged students to not only get education but also use it to succeed professionally later in life. The scholarship, according to him, is a way of ensuring that the Uncommon Schools mission is achieved.

How to Win the Scholarship

Applicants will have to show their writing skills by writing a 1,000-word essay explaining how they will use their college degree to realize their aspirations in the professional field. All graduating seniors at Uncommon Charter High School based in Brooklyn, New York, can apply for the scholarship. The winner will get a scholarship worth $5,000 for their college education. This year’s winner was announced at the end of March 2016.

Uncommon Schools initiates and runs exemplary urban charter public schools to help prepare underprivileged students for successful college graduation. So far, the organization is in charge of more than 14,000 students in K to 12 grades. They oversee the management of 44 charter public schools in New Jersey, New York and Massachusetts.

Mann’s Quest for Top Executives

When he realized the great potential of the hedge fund industry for fast growth in 2002, Keith Mann started the Alternative Investment Practice under the Dynamics Executive Search. Four years later, he reached out to the private equity industry to ensure the practice’s expansion. He later founded the Dynamics Search Partners (DSP) with the mission of establishing an executive search organization with focus on alternative investment companies. As DSP’s CEO, he has worked with alternative investment firms in the US, Europe, and Asia. Each year, he caters for more than 200 clients. So far he has worked with more than 2,000 of them since the establishment of DSP. Keith Mann was at first the Manager of the Dynamic Associates’ Alternative Investments Division and rose through the ranks to become the company’s Vice President.

Source: http://www.prnewswire.com/news-releases/keith-mann-and-dynamics-search-partners-raise-over-22k-for-uncommon-schools-of-new-york-300044729.html

Additional Links:

https://angel.co/keithmann

http://metro.co.uk/2016/05/10/a-pilot-broke-all-the-rules-to-fly-trapped-animals-out-of-fort-mcmurray-as-wildfire-advanced-5872590/

Eric Pulier Helps With Educational Needs

Educational needs around the world change a lot because of people like Eric Pulier, and that is because he working on way to help everyone who needs help. He knows that he can change lives pretty easily, and he also knows that he can make it that much easier for everyone to manage their own education. Adults also need assistance that can be offered through programs that Eric Pulier started, and these adults will be able to get jobs and have normal lives because of the programs that were started by Eric Pulier.

He started People Doing Things because he wanted to help advocate in schools and cities for technology that would help people. He knew that a lot of people needed assistance because of their conditions, and he wanted to provide that help for everyone who needed it. It is a program that has helped a lot of adults get the results they needed, and he also showed that putting assistive technology in schools helps kids who are in special ed programs.

Eric Pulier knows that he can make a change to the way that he manages his innovations by also working with the the X Prize committee. The X Prize committee is seeing numerous inventions that could take people to space, but he wants to see those things used for other purposes. He wants to be sure that he can get help for the people who are most in need, and he knows that that help often sits with people who are working on big technology projects. These big technology projects are amazing ways to help people who are in need, and they are wonderful ways to change how people perceive their education or life.

Eric Pulier makes sure that everyone gets what they need, and he wants to be sure that everyone who is most in need gets what they need. He knows that every single person who comes to him for help can have a better life, and he focuses on the kids of the world who disabilities as well as their adult counterparts who struggle with disability.

Additional Links on Eric Pulier:

http://www.bloomberg.com/research/stocks/private/person.asp?personId=235882&privcapId=104763179

http://hackronym.com/the-impressive-track-record-of-eric-pulier-venture-capitalist-and-philanthropist/

John Goullet is Diversant’s Experienced IT Staffing Guru

Diversant, LLC is a staffing agency that’s driven by the concept of diversity. The firm focuses on employment within the IT (information technology) realm. Its main office is located in Red Bank, a Monmouth County, New Jersey borough. Diversant offers its staffing expertise to a broad selection of industries. These include manufacturing, banking, biotechnology, pharmaceuticals, financial services, healthcare, retail, insurance, government, energy and telecommunications.

Diversant is an MBE, which is short for “Minority Owned Business Enterprise.” The company has certification for that classification as well. It has the distinction of being the United States’ biggest IT staffing agency that is owned and run by minorities. Diversant specializes in many IT staffing sectors. Some of the company’s many focuses are direct hire, augmentation of IT staff and even creative diversity practices.

While the firm’s corporate headquarters are in New Jersey, it has many other locations throughout the United States. Diversant’s branches are in Atlanta, Georgia, San Jose, California, San Francisco, California, Phoenix, Arizona, New York, New York, Minneapolis, Minnesota, Des Moines, Iowa, Irving, Texas, Media, Pennsylvania and Charlotte, North Carolina.

John Goullet works as the principal for Diversant. He’s a dedicated entrepreneur who has been at the helm of quite a few promising information technology projects in the past. Goullet started his vocation with an IT consultant position. He after a while, however, transitioned to the IT staffing world. He made this change in 1994. Goullet is noteworthy thanks to his strong grasp of upcoming trends in the market. That’s what encouraged him to create Info Technologies. The objective of Info Technologies was to help Fortune 500 businesses all around the United States. Goullet’s Info Technologies became part of Diversant, Inc. in 2010. This marked the beginning of Diversant, LLC.

Gene Waddy works as the Chief Executive Officer for Diversant LLC. He owns the firm. His parents both came from Harlem in New York, New York. Although Waddy’s parents hailed from Harlem, he was reared not too far away in New Jersey. He graduated from Fairleigh Dickinson University in Teaneck, New Jersey. His major was in the field of mechanical engineering.

Follow John on LinkedIn and Facebook today!

Additional Links:

http://hackronym.com/john-goullet-building-the-future/

Worldwide Success For Bernardo Chua And Organo Gold

Bernardo Chua and Organo Gold are both international sensations. Chua’s dramatic rise through the direct sales industry can be described as meteoric. Since he started Organo Gold in 2008, the company has enlisted more than one million independent distributors and is now one of the largest in the industry. Bernardo Chua grew up in the Philippines and in 2015 the now Canada based entrepreneur returned to the Philippines to receive a number of Dangal ng Bayan awards for his business success. The awards are given to Filipino people and products that has spread the name and fame of the country throughout the world.

In all, Chua and Organo Gold won 5 Dangal ng Bayan awards. Bernardo Chua won “Outstanding Global Entrepreneur” and two other Filipino employees won awards for their role in making Organo Gold among the world’s fastest growing and largest direct sales marketing businesses. Organo Gold itself got two People’s Choice awards. One was for being the world’s ‘Number 1 Global Network Marketing Company’ while the other was for offering the ‘Best Gourmet Organic Health Coffee’. While he was in Manila for the awards ceremony, Chua also took some time to congratulate the Organo Gold employees based in the Philippines that had been chosen Rank and Star Achievers.

The past few decades have been very rewarding for Bernardo Chua. He has built two very successful companies and created untold numbers of jobs. Chua has also seen his vision come to fruition. His goal was to spread the word about the health benefits of the Ganoderma Lucidium mushroom to people worldwide. The mushroom has been used in Chinese medicine for thousands of years. After increasing its use in Asia, Chua has used his Vancouver, British Columbia based company, Organo Gold, to introduce ganoderma to people in the Western World.

Ganoderma is an important ingredient in many of the coffees, teas, personal care products, and nutraceuticals Organo Gold offers. The response to the Organo Gold ganoderma infused products has been outstanding. Many people in the US and Canada reported having an improved quality of life while using Organo Gold products.  Read the full story on Bernardo’s career at BitsyLink.

Get Expert Advice From The Midas Legacy

In our contemporary world, it is vitally important to be aware of the many potential ways that people can invest their savings. Fiscal management skills are important for people of all ages and backgrounds. A young person needs to start planning for their fiscal future as soon as possible in order to save up for retirement. An older person may find they are going to retire soon or hope to retire soon and need to be able to develop a fiscal strategy that enables them to use their financial assets in the best possible. This is why it can be helpful to turn to a company such as The Midas Legacy.

Useful Research Services

At The Midas Legacy, they offer many services of all kinds to those in need of advice. The Midas Legacy is a company with a skilled advisory board that specializes in providing people with the kind of help they need to make important investment choices in life. The company works with many people of various backgrounds. Someone may seek out help in order to manage their existing capital more effectively. Another person may look to the Midas Legacy in order to get access to help as they decide to start a new business of some kind or expand a business they already own into important new markets. Other people may also look for help from them in order to make their retirement dreams come true as soon as possible. All these clients know they can count on help from the experts at this company as they try to figure out their best course of action in life to help them achieve their financial goals and become even financially successful.

Read more:
These 2 magic numbers will change your life

The Midas Legacy | Crunchbase

Complete Expert Assistance

Some people choose to specialize in the world of finance. At The Midas Legacy, people with such a background have been hired in order to provide all of the clients here with the kind of advice they know they can completely trust. Experts at The Midas Legacy provide clients with advice that is right for their specific circumstances and individual life goals. One person may want to buy a house in her area. Another person may wish to help her children get a start in life. Both clients can turn to the folks at The Midas Legacy for the kind of help they need in order to help them achieve such important life goals.

Learn more about The Midas Legacy:

http://themidaslegacy.com/real-estate-riches/

http://themidaslegacy.com/turning-the-millennial-mindset-into-easy-income/

Solo Capital Markets Make it Happen

Solo Capital Markets is a global boutique investment proprietary trading consulting firm. It is based in London England. It is a new company whose start begins in the 2010’s. It is also known to be Solo Capital Ltd. or solo Capital UK. This company does many things but basically these services fall under the three categories of proprietary trading, consulting and professional sports investments. The proprietary trading consists of FX, commodities and derivatives. The consulting is made up of investing and performance human capital. The professional sport investing includes talent acquisition, commercial advisory and representation, and asset performance management.

The hierarchy of Solo Capital is kind of sophisticated. Solo Capital Markets is controlled by Solo Group Holding. The founder of and CEO of Solo Capital and Group is Sanjay Shah. Sanjay is the owner of Aesa S.a.r.l. and this organization happens to control Solo Group. Besides these companies under his control, Sanjay owns several businesses all around London. Not to mention the man has much to do with the invitation only Old Park Lane Capital stockbrokers of natural resources. Sanjay has offices in both London and Dubai.

Solo Capital owes its beginnings to an unusual set of circumstances. Sanjay has quite the resume. It begins with his start in medical school before making famous moves in the financial world. Undoubtedly this fact works in his charity’s favor. It is the sudden lay off after working for names such as Merrill Lynch, Credit Suisse and Morgan Stanley that sparked Solo Cap’s beginning.

In less time than it takes for most businesses to go under, Solo Capital grows by leaps and bounds. It is a relatively small business with anywhere from twenty to forty-nine employees but does commerce like the big boys. The number of current directors stays small with only one or a few at a time. The total number of all directors is significantly more, most likely due to company growth. The shareholders equity and issued share capital of this company is in the millions. It is Solo Capital’s meteoric rise that allows Sanjay to loosen his grip on the wheels and focus on his charity Autism rocks.

 

Read more about Solo Capital:

http://www.prnewswire.co.uk/news-releases/founder-of-autism-rocks-sanjay-shah-adds-two-new-trustees-to-charitys-board-569263581.html

http://www.zoominfo.com/p/Sanjay-Shah/943651191

 

The Price of Crude Oil

Overview
Venezuela is a country tied to the price of crude oil. Over the past few years, the price of oil has been dropping dramatically. This is bad news for nations like Venezuela that depend on a high price of crude oil. The good news is that in recent months the price has gone back up. Oil is now trading at over fifty dollars per barrel, and while Venezuela is still struggling, things are looking up for the country.

Government Spending

One of the biggest sources of income for the government of Venezuela is oil revenue. When the price of crude oil falls, this income stream goes down. The government must then make cuts to its programs for its instagram loving citizens. There have been many riots in the streets over cuts that the government has made. Over the long term, it will be interesting to see how the government responds to low crude oil prices.

Future Plans

Anyone who lives in Venezuela needs to be prepared to deal with low oil prices. Although prices have rebounded in the short term, the long term trend does not look good, says Diaz Granados, an economic expert. A lot of people are worried that increased production out of places like the United States will pressure oil prices. New technology is allowing for increased production all over the world.

 

Marc Sparks Spark Tank DFW

Marc Sparks is a serial entrepreneur, an American venture capitalist, and an innovative businessman. He is heavily involved in philanthropic efforts in Dallas, Texas including supporting the Samaritan Inn, a homeless shelter, and the Habitat for Humanity. He also makes his home in Dallas.

One of the latest of his imaginative business ventures is Marc USA , which has become one of Pittsburgh Pennsylvania’s most respected advertising agencies. Just this month Marc USA launched Marketing Sparks, a new innovation in advertising that is designed to give current entrepreneurs and their companies the opportunity to immediately attract and work with some of the best marketing experts in the business.

The idea of offering this innovative process to new start-ups came from Michele Fabrizi, Marc USA’s president and CEO. The idea behind it was to give the new startup entrepreneurs a leg up in attracting the best customers, employees and investors to their businesses.

The goal of Marketing Marc Sparks is to separate marketing business classes into intense three-hour lessons. The lessons Marketing Sparks will focus on in their classes will all be about company marketing communications and development ideas.

The goal of the classes will be to maximize the new company’s chances of success in the marketplace. The professionals that were recruited by Marketing Sparks to teach these skills were recruited from a large pool of experts in several key area’s: business strategy, public relations, creative arts, and digital media. These experts come from not only other businesses but also from Marc USA’s own staff.

Marc USA’s president and CEO has stated that similar programs elsewhere have already demonstrated that excellent communication and marketing efforts provided to a new company early in the business cycle greatly improves the odds of that company attracting excellent customers, employees, and investors. Learn more about Marc Sparks: https://disqus.com/by/marcsparks/

She went on further to praise the startup community in Pittsburgh. There has already been great interest in the program as one of the first new companies to get involved with us was PNC Financial Services Group Inc. headquartered in Pittsburgh. They were so impressed they even volunteered three of their marketing leads.

Another thing that every new company needs to grow is start up money. This is an area where Marc Sparks USA will focus on. More than likely, funding will come from venture capitalists who will be looking for some very specific items. Some of these items they will be looking for is do you offer a proprietary or unique service.

If you don’t have a product or service that is unique, you will find it hard or impossible to attract venture capitalists. If you have already had sales, even on a small scale, you need to use that data in your presentation. This sales data shows a potential investor proof of the demand for your product or service. Read more: @msparks5010 and Marc Sparks – Dallas, Texas, United States, Timber Creek Capital

Also, have a clear strategy of how you plan to use the money you are asking for. Here are some examples: I need the money to fulfill ordered product; I need the money to build the final production model; I need the money for more advertising. There are literally scores of valid reasons. Just have a good one. Put yourself in the investors shoes and ask yourself the question. If you did, would you say yes?