The Tycoon Report

2008 BIO Over the past 20-years I have specialized in identifying overlooked opportunities and hidden assets in under-performing areas of a financial services, business and real estate that few others recognize. I have been successful at establishing beneficial relationships with key strategic partners as well as in developing and implementing business plans for companies that typically meet or exceeded the initial revenue and growth projections. My work is typically instrumental in raising operating performance in adverse business conditions while creating successes in fostering team work and producing profits. Over the past 2-years, I have developed and assembled a team of Wealth Transfer/Business Succession planning professionals who have excelled for over 45-years at structuring and implementing sound wealth creation strategies aimed at 100% eliminating and/or negating the estate tax liabilities for clients while allowing the client to maintain total control of their wealth. This work accomplishes what traditional estate planning does not accomplish. A resultant by-product of this work is that it can often reduce a portion of present day income, capital gains and/or gift taxes. From February-2004 thru early Spring-2006, I was engaged to advise the turnaround effort of a Las Vegas based commercial HVAC construction and service company. This firm was my primary client during this time. The project had tremendous upside potential. Yet the firm’s owner eventually concluded it was in his best interest to close the company and pursue other endeavors. From Spring-2002 thru Spring-2004, I was affiliated with and/or involved in multiple projects. They are as follows: (A) Invited to be a vice-president of a boutique investment banking and mergers & acquisition firm; (B) Worked with the early stage development of launching of Core-Values Training™, an evolved ethics and integrity course for business professionals’ personal development; (C) In less than 150-days, took a fledgling start-up company unable to sign clients to a point of signing renewable 1-year marketing agreements with a top NFL quarterback and a 3-year exclusive marketing agreement with the #1 NASCAR marketing image; Raised $145,000 in Convertible Debt; Developed an Investment Grade Business Plan & PPM; Identified equity commitment of $2.9MM; (D) Worked with a start-up computerized piano tutorial software company that recently announced a multi-million dollar strategic alliance with Fisher-Price Toy Company; (E) Involved with introducing the P.I.P.E. capital to microwave technology start-up company that has harnessed and is commercializing micro-wave technology in ways previously believed impossible; and, (F) Was invited to become a board member of a leading edge international wireless broadband group. Beginning in mid-1998 thru Spring-2003, I built a real estate advisory and mortgage brokerage business. During this time, I facilitated an initial equity raise for a 525,000-SF southern California regional mall; structured Wall Street originated CMBS financing for a $12MM+ retail center; structured high LTV land loans having substantial reserve components on property valued at $3.2MM; was positioned to structure the $50MM permanent financing the newly constructed regional shopping center required at completion; and regularly advised clients on decisions pertaining to realty projects and other strategic real property investments. In April 2002, I was invited to become the Western United States affiliate for one of Wall Street’s long established, respected commercial mortgage brokerage houses. During this period, I also closed several million dollars of residential mortgages and when required, continues to advise clients in this area. Historically, I have invested much of the last 25-years solving problems and significantly increasing my clients’ bottom lines in industries ranging from publishing, private resorts, food service, real estate financing and technology ventures to convention and facility management, wireless broadband systems deployment and estate consultancy. Early in my career, I developed and implemented the sales and distribution strategy for Flambeaux Publishing, publishers of New Orleans Magazine and See New Orleans, periodicals serving the Greater Metro New Orleans markets. I helped develop and execute the Company’s New Technology Initiative by converting Flambeaux’s manual subscription databases to fully computer-automated platforms. After briefly studying at the University of Denver, I served as a Senior Executive for the Palm Bay Club, a multi-dimensional, exclusive private resort located in the heart of Miami on Biscayne Bay. The Club catered exclusively to the lifestyles of our country’s mega-wealthy. I was responsible for the profitability and efficiency of many of the Club’s operating divisions, as well as the Marina and the Disco, one of Miami’s hottest clubs at that time. Under my management, the Marina, harboring approximately 35-yachts year round, generated annual moorage fees in excess of $1,500,000 and an additional $85-$100,000 per month in fuel and supplies provided to the yachts. The Club’s Disco typically generated sales in excess of $1MM annually. Upon moving home to New Orleans, I spent the next 7-years of his career providing restaurant management and offshore industrial catering services to some of the area’s top restaurants including The Bon Ton Café, one of New Orleans’ finest and most successful Cajun & Creole restaurants. At the time, the Café’s 110-seats generated over $1.8MM in annual sales. Other successes were The Rotisserie, a catering service offering home-cooked meals delivered right to your home or office and Offshore Food Services (“OFS”) that was the first company to offer catering services to the Gulf of Mexico’s offshore oil & gas industry. OFS generated annual gross sales in excess of $40MM from +/-150 rigs/platforms. In less than 3-months at this company, I figured out how to substantially reduce per-rig overhead on the contracts I managed which resultantly increased net profits between 12 to 16% per rig contract. From OFS, Ogden Corporation recruited Mr. David to become the Louisiana Superdome’s Executive Chef during the Dome’s 10th year in business. Prior to his tenure, the Dome’s fine dining department had never earned a profit. By reducing the Dome’s food cost to 30% (and for many events even less) and implementing systems and quality control procedures, I brought profitability to this department for the first time in its history within my first 28-days of working at the Dome. My initiatives created an environment for the staff to prepare 4-Star quality meals from scratch which were regularly served to 1,000’s simultaneously while retaining New Orleans’ unique Creole flare, heritage and flavors. To Discuss How I Might Be Of Service To You, Please Contact: Duane J. David 11765 West Avenue, #337 San Antonio, Texas 78216 Phone: 210.455.0011 Email: dda74@blarg.net

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