Available in full-text!
CEOCFOinterviews Cover Story - Archives
To view
Interviews: highlight & left click on the company name!
January 8,
2010
Energy, Basic Materials & Technology
Energy
Oil & Gas
MegaWest Energy Corp. (MGWSF-OTC:
BB)
MegaWest’s strategy is to exploit these large underexploited reservoirs and
we are talking about lots of oil here. There are potentially many billions
of barrels of original oil in place; we are talking about billions with a
‘B’ that can be recovered. These are the kinds of resources that MegaWest is
looking for. These reservoirs are also shallow, as an example, in the
Missouri area, the depth of most of the wells are about 250 feet and
MegaWest drills them with a water well rig. Therefore, it is a wonderful,
inexpensive way to find large quantities of oil at a very low cost. - Kelly
Kerr
December 11,
2009
Technology, Exploration, Oil & Gas, Communications & Mining
Technology
Communication Automation
CoroWare, Inc. (COWI-OTC: BB)
CoroWare went through a very difficult time in 2008 and 2009, but especially
towards the very beginning of 2009 we got many of the fundamentals right.
The summer of 2009 was remarkably difficult, but not just for CoroWare – for
the entire economy. It
has not been easy by any measure, but we came through it and kept our
operating expenses in balance. Therefore, our customers and our investors
can see that CoroWare is emerging from this remarkably difficult recession
and that we plan to stick around and focus on growing the business. -
Lloyd Spencer
Exploration
Uranium
Abitex Resources Inc. (ABE-TSXV)
I worked five years in the Otish Mountains back in the early1980’s, so I’ve
seen the entire Otish Mountains and all of the uranium showings, but this is
by far the most significant outcrop in the Otish Mountains. There is no
doubt about it. The quality is there of mineralization and everything else,
so we are quite excited about it. The market response to that is that we
have had a lot of offers to the company financially as we go along with
these projects. So we are very excited about it and that is the reason why
the focus is on that, because the uranium market will most likely recover in
the course of the next couple of years. So we are going to take advantage of
that. - Yves Rougerie
November 13,
2009
Financial, Healthcare, Services, Gold Mining, Basic Materials, Green & Technology
Financial
Regional - Pacific Banks
American Business Bank (AMBZ-OTC: BB)
If you have a bank that is trading a little bit above tangible book while
most bank stocks are under, and you have a bank that is growing like crazy
and showing record earnings and bringing in class companies and hiring the
best talent in town, then I would want to count on them for the next three
to five years. It sounds like a heck of a bet. - Donald P. Johnson
October 9,
2009
Healthcare & Entertainment
Healthcare
Medical Devices
ReBuilder Medical Technologies,
Inc. (RBRM-OTCPK)
The ReBuilder was approved about three months for Medicare coverage, and
about one month ago we as a company were approved as a Medicare provider…
About 60% of the people with diabetes will one day develop problems in their
feet. When they have numb feet they can get infections and because of the
high level of glucose in their bloodstream they tend to heal much more
slowly. They can develop ulcers, which ultimately require amputation of
their toes and/or feet. So what the ReBuilder does is wake up those nerves.
They can now take care of a small cut quickly, so the cut doesn’t have to
progress from an infection to gangrene resulting in amputation. Also, when
the patient can feel their feet, they move much more reliably, and they are
not likely to fall and break their hip. - David B. Phllips
October 2,
2009
Industrial Goods, Utilities, Enabling
Technologies, Communications & Financial
Oil and Gas
Oil and Gas Producers
Western Plains Petroleum Ltd. (WPP-TSXV)
“Western Plains Petroleum stands out due to the fact that our primary focus
is the shut-in production, which nobody else really focuses on totally. We
do have expertise in that area, but we also have gained foothold and
expertise on the acquiring minerals and drilling side as well. At this time,
we feel we can develop these properties and get the barrels that we want
cheaper than drilling and that is primarily our focus.” - David Forrest
September 11,
2009
Clean
Technology
Clean
Technology
Turbine Truck Engines
Turbine Truck Engines, Inc.
(TTEG - OTC: BB)
“Companies like PACCAR and Volvo are looking
for new engine technologies to replace the piston engine. After talking
with them recently, they told me specifically that there is no technology
out there like our engine. They told us that if we could get our engine
developed, we would have the technology of the future.”
- Michael Rouse
July 31,
2009
Financial, Telecommunications & Mining
Financial
Business Development
United EcoEnergy Corp.
(UEEC-OTC: BB)
“We think that as a BDC we offer a unique opportunity for investors to not
just have a potential upside by investing in a company for that company, but
the ability to benefit from the portfolio companies that we invest in. We
can either spin them out, distribute shares to our shareholders, or we can
do a transaction where there is a sale. In addition to that, instead of
waiting, which is typically the case for the one, two, three or four years
for the young company to mature, we actually are able to bring our investors
in where they receive shares of the public entity that owns these portfolio
companies. So they have much higher liquidity and I think greater safety and
in this market place that is a big issue safety, it has been a huge driver
for investors.” - Kelly T. Hickel
Financial
Commercial Banking
1st Enterprise
Bank (Los Angeles, CA) (FENB-OTC: BB)
“Our philosophy is very
disciplined and focused. We stay in our niche, which is providing banking
services to small to mid-sized businesses, professional firms and various
organizations throughout southern California. It is based upon full
relationship banking, not on a transaction-only basis. We take our time in
getting to know these businesses, both financially, personally, and
managerially. We do a very thorough financial analysis and evaluation of
management prior to making a banking proposal or prior to pursuing their
business. As such we tend to bank well-established, financially sound
companies that can weather economic cycles like the one we are currently
experiencing.” - John C. Black
July 17,
2009
Mining, Financial, Business Services, Healthcare & Exploration
Mining
Metals
KAT Exploration Inc.
(KATX-OTCPK)
“Our Handcamp Gold Property is very exciting and of great interest for us to
move it forward. It is right in the mining district where there are
operating gold mines. So it would be an easy property for us to either farm
out or to probably sell outright if we do our own work and bring it to
feasibility study to determine what the reserve is.” - Ken Stead
July
10, 2009
Healthcare, Financial, Basic Materials, Energy & Industrial Goods
Healthcare
Medical Devices
MedaSorb Technologies Corporation
(MSBT.OB)
“Severe sepsis, often called ‘overwhelming infection’, afflicts more than 1
million people in the US annually, 18 million people worldwide, and kills 1
in every 3 patients despite the best medical care. More people die of severe
sepsis in the US than die from either heart attacks, strokes or any single
form of cancer. Severe sepsis is caused by two processes. The first is the
infection that can often be treated with antibiotics. The second, and often
more devastating, is the body’s abnormal immune response to the infection
and the production of massive amounts of cytokines called cytokine storm.
Cytokine storm is widely accepted by the medical and research communities as
the underlying cause of organ failure and a major contributor of death in
severe sepsis. There are currently no FDA approved treatments to
specifically reduce cytokine storm. CytoSorb™, as an efficient cytokine
filter, could fill this gap and potentially represents a truly novel
“game-changing” advance in the treatment of sepsis.” - Dr. Phillip Chan MD,
PhD
Financial
Regional - Northeast Banks
Harleysville Savings Financial
Corporation (HARL-NASDAQ)
“This economic crisis has rejuvenated community banking. In the past, it was
all about glitzier and exciting forms of banking, but Harleysville Savings
is a bank with a disciplined banking model and has ‘stayed the course” by
maintaining prudent underwriting standards and banking practices.” - Ronald
B. Geib
Basic Materials
Oil & Gas Refining & Marketing
InterOil Corporation (IOC-AMEX)
“We brought a West Texas ‘can-do’ attitude, with perseverance and cost
competitiveness to an international scene, where previous operators have
been complacent. So we are drilling wells at ⅓ to ¼ of cost of competitors.
We apply different technologies and utilize existing facilities, and we are
getting close to 20-times the volume. We have about a 40 to 60 fold economic
advantage on finding and developing costs that will provide us economic
leverage in today’s market that others don’t have. When regional competitors
are having to shelve projects, our projects are still very robust and that
gives us the lift.” - Phil E. Mulacek
July
3, 2009
Basic Materials, Technology, Healthcare, Consumer Goods, Industrial
Products, Mining & Conglomerates
Basic Materials
Synthetics
Cereplast, Inc. (CERP-OTC: BB)
“Cereplast has been successful in two activities: The first activity is
clearly design and development of resin and we have been very good at
designing and developing resin. Over the past seven years, basically what we
have done is created a very strong portfolio of patents. We have about 48
patents that we have developed in-house or in conjunction with universities
that we are working with. The second activity consists of taking those
resins and creating applications for those resins, making sure they are
going to run on traditional equipment, with no investments from the plastic
fabricators. We signed a lot of very large companies like Georgia Pacific to
the Danone.” - Frederic Scheer
May
8, 2009
Financial
Financial
Regional – Pacific Banks
Bank of Marin Bancorp (BMRC-NASDAQ)
“All of the growth for this bank since we started
19 years ago has been organic. We have 12 branch offices; 9 in Marin County,
3 in Sonoma County (Petaluma) and one loan production office, not a full
branch, in San Francisco. We have not made any acquisitions in our history.
We maintain a culture of serving our communities and giving back to the
communities that we serve. Our loan growth was very strong in 2008, and we
had 22% loan growth. Credit quality remains good. Fourth quarter wasn’t as
good as historical numbers, but we were still very profitable and made $2.5
million in the fourth quarter and for the year over $12 million.” -
Russell A. Colombo
March 20, 2009
Exploration
Exploration
Metals/Mining
Nevada Sunrise Gold Corporation
(NEV-TSXV)
I believe that these four properties provide an enviable portfolio of gold
projects controlling more than 12,000 acres of mining claims and private
land in some of the most productive mining districts of Nevada. - William B.
Henderson
March 6, 2009
Financial
Financial
Savings & Loans
Naugatuck Valley Financial Corp.
(NVSL-NASDAQ)
“For the next few years it will be capital, capital, capital, and asset
quality, asset quality, asset quality. We are facing a couple of challenging
years for us and our industry and our customers. At the same time, we are
confident in our ability to make our way through the recession and come out
stronger. As I said earlier, we are projecting a return to banking the way
it was in the 1960’s and 1970’s, where community banks will play a larger
role than they have in the past and I believe we have the talent and the
know-how to build shareholder value as we move forward.” - John C. Roman
January 30, 2009
Resources, Oil & Gas, Mining, Basic Materials, Financial, Technology &
Business Services
Resources
Gold Producer
Sierra Minerals Inc. (SIM-TSX)
“What we possess in the current economic environment as a junior mining
company is unique. We are in production; we have positive earnings and
positive cash flow. That means that we don’t need to go to the market to
raise capital, but we can fund our initiatives and continuing operations out
of operating cash flow. With our mine specifically, our focus has been
Mexico. We believe that we are well positioned to expand within Mexico as we
do have a highly trained and efficient group of individuals on the ground.”
- Michael H. Farrant
January 16, 2009
Financial, Services, Mining, Healthcare, Communications & Energy
Financial
Regional – Pacific Banks
Temecula Valley Bancorp Inc. (TMCV-NASDAQ)
“We are going to focus on our activities within our respective communities
and get back to our roots as a community bank, providing financial products
and services to local business owners and offering the high levels of
service they deserve.” - Frank Basirico Jr.
May 20, 2004
Consumer, Consumer Non-Cyclical,
Healthcare, Financial & Technology
Healthcare
Orthodontics
TC Orthodontic Lab (Privately
held)
The Truax Correctors are removable functional/orthopedic appliances. The TC II
appliance will correct large overjets, overbites and TMD. The TC III appliances will
correct large underbites (Class III malocclusion). Surgery is seldom necessary. -
Lloyd H. Truax, DDS, MSD
|
United EcoEnergy Corp.
(UEEC-OTC: BB) |