BYOC .0020~ REVERSE MERGER play I mentioned yester
Post# of 103076
The NEW CEO has $8 MILLION DOLLARS owed to him that he is suing for so you can bet he will make sure BYOC will succeed. Someone had a phone call with him yesterday and he mentioned putting MULTIPLE MERGERS coming under the BYOC umbrella. Check out his company
http://www.advpa.com/index.html
Advanced Predictive Analytics, Inc. (APAI) is a software analytics company whose focus is to develop and deploy proprietary technology and innovative tools that transform the recovery efforts of the credit card industry. The tools we are developing for this industry segment will also enable the transformation of fraud deterrence, and loss recovery in many other industries, including government procurement, welfare support, healthcare, and anywhere where funds are made available under specific, rules-based restrictions. The company is currently being positioned to complete an Alternative Public Offering (APO).
https://www.linkedin.com/in/george-pursglove-29125964
APAI is A Service company providing outsourcing resources for merchandising/field marketing programs for Fortune 500 retail and consumer products companies.
APAI has huge partners:
- Microsoft (market cap: 498 bill) https://www.microsoft.com/
- Teradata (4.5 bill mc and trading on NYSE) http://www.teradata.com/?LangType=1033
- Rackspace (1.7 bill in revenues) https://www.rackspace.com/
- Netezza (a subsidiary of IBM) (190 mill in rev) http://www-01.ibm.com/software/data/netezza/
- Dundas (7 mill in revenues) http://www.dundas.com/
- Zegmenta (2.4 mill in revenues) http://www.teradata.com/?LangType=1033
- Lexalytics (2 mill in revenues) https://www.lexalytics.com/
This company has an amazing corporate team:
http://www.advpa.com/our-team/index.html
More info on the new CEO, on board of BYOC:
George D. Pursglove, Chairman of the Board of Directors, President and Chief Executive Officer
Mr. Pursglove has been our Chairman of the Board of Directors, President, and Chief Executive Officer since the formation of APAI in July 2009. Mr. Pursglove is an accomplished entrepreneur with over 25 years of start-up and early-stage business development experience.
Mr. Pursglove founded/co-founded three businesses that have created significant value for their investors:
HomeClub (acquired by Zayre), HQ Office Supplies (acquired by Staples) and USA Service Systems (which continues today as National Product Services).
During his business career Mr. Pursglove has utilized a wide range of predictive analytic tools and strategies to measure the effectiveness of marketing and advertising campaigns; to understand consumers’ behavior and shopping patterns; and to optimize inventory dollars through supply and demand forecasting models.
From October 2006 through October 2007 Mr. Pursglove was the co-founder, President and CEO of BOOMj.com, Inc., an early player in lifestyle social media and e-commerce. From 1997 to 2002, he was founder and CEO of USA Service Systems, a company which provides merchandising and assembly solutions to major retailers.
Mr. Pursglove was Director of Merchandising, Business Services Division for Office Depot from June 1994 through December 1995 and was Divisional Merchandise Manager II for Office Depot’s $600 million office furniture division from March 1993 through June 1994. Prior to Office Depot, he was a co-founder and executive of both office supply retailer HQ Office Supplies (which was acquired by Staples) and warehouse home improvement retailer HomeClub (which was acquired by Zayre).
In addition to his extensive executive experience, he has served as investor, director and/or consultant. Major experiences include investing in shopping.com and SportsClub, Inc., and serving on the board of directors of Choices Entertainment (NASDAQ) and Sims Communication Inc. (NASDAQ). He holds a degree in Social Science from San Diego State University. He has been an advocate for children rights through his work as a Guardian ad Litem with the Eleventh Judicial Court for Miami-Dade County, Florida.
Nice revenues for APAI and a great amount of employees:
Revenue: $1 mil. - $5 mil.
$2,400,000
Employees: 10 - 20
Patented Pending Technology
Our software application is completely built and tested. A top six US credit card issuer has tested our software application, a test in which we reviewed and scored Chapter 7 filings under real-time market conditions. We initially filtered 250,000 accounts resulting in the scoring of over 125,000 accounts containing approximately 1.5 million transactions and encompassing a total account balance in excess of $525 million.
On July 6, 2011 we submitted two non-provisional patents-pending - #61361594, covering pre-bankruptcy fraud detection apparatus and method, and - #61361599, covering post-bankruptcy fraud detection apparatus and method. From our existing modules and tools, we have as many as an additional two dozen patents to be filed.
We expect to file more than 50 patent applications for the modules already developed.
The following table provides the status of the patent process for all of our tools:
Application Number of Potential
Patents Patent Types Filed Date
aFinder 2 Apparatus, method 7-6-2011
aFinder 5 Algorithms To be filed (TBF)
aFiler 2 Methodology, UI/UX TBF
aRisk 2 Algorithms TBF
aEncryption 3 Appliance, methodology TBF
Application Number of Potential
Patents Patent Types Filed Date
aCommunicator 2 Appliance, methodology TBF
aAggression 2 Algorithms TBF
aVisual 4 Methodology, UI/UX TBF
aForensic 1 Apparatus, methodology TBF
aCommunicator 1 Algorithms TBF
aDecipher 2 Algorithms TBF
aWorkflow 1 Methodology TBF
aImport 1 Methodology TBF
aNetwork Stats 1 Design TBF
aProcess Stats 1 Design TBF
aScore 2 Algorithms TBF
a3DVisual 2 Design, methodology TBF
aPattern 3 Design, methodology, appliance TBF
aLibrary 1 Algorithms TBF
aAsset 2 Design, methodology TBF
aPredict 2 Algorithms, appliance TBF
aTracker 3 Design, algorithms TBF
aLocator 1 Algorithms TBF
aMapping 1 Algorithms TBF
aProduct 1 Design TBF
myprotectinc.com 4 UI/UX TBF
More info on these applications, you can find here:
http://www.advpa.com/extended-analytics-products/index.html
Board of Directors
The Company plans to fill its Board of Directors and its Non-fiduciary Advisory Board with recognized leaders in their prospective fields of expertise, individuals able to advise the Company on business initiatives for its investment banking and financing needs; predictive analytic solutions; quantitative methods; international sales and marketing; and banking trends that could affect the future strategic positioning of the Company. Upon the completion of the current funding the company will be elevating Arthur B. Laffer, Ph.D., from a non-fiduciary advisory board position to a member of the board of directors. Dr. Laffer will be considered an independent outside director. Mr. William M. Isaac upon the completion of this round of funding will be joining the Company’s board of directors and will be considered an independent outside director.
Non-fiduciary Advisory Board
Members of the Company’s Advisory Board will be available to the Company’s Board of Directors and management team. Our Non-fiduciary Advisory Board is comprised of leading academic and sales and marketing professionals. The Company plans to compensate its Advisors at the close of this round of funding. Advisory Board members include:
Arthur B. Laffer, Ph.D., has been an advisor to the Company since January 2013.
He is the founder and chairman of Laffer Associates, an institutional economic research and consulting firm, as well as Laffer Investments, an institutional investment management firm utilizing diverse investment strategies. Laffer Associates’ research focuses on the interconnecting macroeconomic, political and demographic changes affecting global financial markets. Laffer Investments’ investment management strategies utilize some of the economic principles and models pioneered by Dr. Laffer. Dr. Laffer received a B.A. in economics from Yale University in 1963. He received a MBA and a Ph.D. in economics from Stanford University in 1965 and 1972 respectively.
William M. Isaac, Senior Managing Director of FTI Consulting and former Chairman of the Board of Fifth Third Bancorp.
Mr. Isaac was the Chairman of the Federal Deposit Insurance Corporation (FDIC). He founded the regulatory consulting firm The Secura Group, LLC, part of FTI Consulting, Inc., a global consulting firm. Mr. Isaac sits on a number of corporate boards and speaks and writes regularly on financial and regulatory issues. Mr. Isaac earned his Bachelor of Business Administration degree from Miami University in Oxford Ohio in 1964. He received an honorary doctor of laws degree (LL.D) from Miami University in 1984. He also received a Doctorate of Law (summa cum laude) from The Ohio State University.
Vincent Granville, Ph.D., – Advisor for Predictive Modeling and Scoring Technology
Dr. Vincent Granville has been an advisor to the Company since July 2012. He is a visionary data scientist with 15 years of data mining, big data, text mining, predictive modeling, business analytics, quantitative analysis and digital analytics experience. Dr. Granville is widely recognized as a leading expert in scoring technology, fraud detection and web traffic optimization. He was recognized by Forbes as one of the top 20 analytics experts in the US. Dr. Granville has held post-doctorates at both Cambridge University and the National Institute of Statistical Sciences. He was among the finalists at the Wharton School Business Plan Competition and at the Belgian Mathematical Olympiads.
Yen S. Yee, Esq. – Advisor for Intellectual Property and Patent Strategy
Mr. Yee has been an advisor to the Company since January 2011. He has over 40 years of Intellectual Property management experience with Boeing Aircraft and IBM. From 2003-2011 Mr. Yee was vice president of IP Development and Intellectual Property Management for Boeing Aircraft where he and his staff of IP professionals’ managed Boeing’s multi-billion global patent portfolio process and identified new industry-wide patent licensing opportunities. Mr. Yee, is admitted to practice law in the states of New York, Virginia, and admitted to practice before the US Patent and Trademark Office. He is a member of the ABA, and is qualified to argue in the US Supreme Court.
Mr. Yee has a J.D. degree from Pace University Law School; Master of Science, Electrical Engineering & Computer Science from Columbia University; and Bachelor of Science, Electrical Engineering & Computer Science from Massachusetts Institute of Technology (M.I.T.)
P. K. Shukla, Ph.D., C.P.I.M. – Advisor for Quantitative Methods and Theory
Dr. Shukla is the Vice Chancellor for Entrepreneurship and Director of the Leatherby Center for Entrepreneurship and Business Ethics at Chapman University, Orange, California. Dr. Shukla has been an advisor to the Company since January 2010. Dr. Skula is internationally renowned for his work in forecasting, quantitative methods, organization behavior and theory and international marketing research and strategy. His research focuses upon the application of managerial and strategic decision-making. Dr. Shukla received his Ph. D. from the University of California, Los Angeles and a Master of Science degree from the University of Southern California.
Sales
We plan to use a direct sales approach that includes inside sales teams and field sales teams. Our inside sales team, will be based in regional sales hubs when fully implemented, qualifies and manages accounts throughout the world in a manner in which we can seed new sales at a low cost and expand these accounts over time. The second phase of our planned sales initiative is the development and use of a direct field sales team that will cover North America; Europe, Middle East and Africa; the Asia Pacific region; and Latin America, and is mainly responsible for lead qualification and account management for large enterprises. Our planned direct sales teams will partner with technical sales representatives who will provide pre-sales technical support. We will also have a dedicated customer success team to drive renewals of existing contracts.
Our potential competitors generally fall into three categories:
• Large software companies, including suppliers of traditional business intelligence products that provide one or more capabilities that are competitive with our products, such as International Business Machines Corporation, or IBM, Microsoft Corporation, Oracle Corporation and SAP AG;
• Spreadsheet software providers, such as Microsoft Corporation; and
• New and emerging business analytics software companies, such as Qlik Technologies Inc. and TIBCO Spotfire (a subsidiary of TIBCO Software Inc.).