ABS News2020-11-12T16:06:12-05:00

Applied Business Strategies Named Burgess Biopower Restructuring Advisor

February 14th, 2024|

Burgess Biopower and co-debtor Berlin Station entered Chapter 11 February 9, 2024 armed with a dual-track plan process that would either sell the biopower company’s assets or hand them to its lenders.

The company says it was driven into bankruptcy amid multiple disputes with the sole buyer of its energy. Those disputes are complicated further by arguments over credits and offsets, as well as defaults and the purchase agreement’s termination. The New Hampshire-based company filed in the

  • tom pratt interim president toledo solar

Tom Pratt Named to Toledo Solar Inc. Board of Directors

November 9th, 2023|

Tom Pratt has been named to the Board of Directors for Toledo Solar, Inc. (“TSI”).   Mr. Pratt, in his capacity as Interim President, Treasurer and Secretary has been leading TSI through a restructuring since early July, 2023.  TSI is an early-stage manufacturer of state-of-the-art American Made Cadmium Telluride solar modules for the residential, commercial, and industrial markets.

  • valuation projects - applied business strategy

Two Valuations for Assignments for the Benefit of Creditors

September 12th, 2023|

Applied Business Strategy has recently completed two more valuation projects for bonding purposes in connection with General Assignments for the Benefit of Creditors (“ABCs”) that have been filed in the Court of Chancery of the State of Delaware. The companies consisted of an early-stage research and development company in the biotechnology sector and a company specializing in transfusable blood services. ABS determined the value of various assets, including accounts receivable, deposits, prepaid expenses, supplies inventory,

  • tom pratt interim president toledo solar

Tom Pratt Appointed Toledo Solar Inc. Interim President

July 19th, 2023|

Tom Pratt, Managing Director of Applied Business Strategy LLC, has been appointed interim President, Treasurer, and Secretary by Toldeo Solar Inc.’s Board of Directors.

Along with lead investor, Sean Fontenot, the Board’s new Chairman, Tom Pratt will oversee daily operations.

Toledo Solar manufactures state-of-the-art Cadmium Telluride solar modules for the residential, commercial, and industrial markets.

  • Applied Business Strategy acting as interim Chief Financial Officer

Applied Business Strategy Engaged as Interim Chief Financial Officer

July 14th, 2023|

An Applied Business Strategy professional has been engaged by a private equity backed international tier one and aftermarket producer of components for the heavy truck and trailer markets as interim Chief Financial Officer.  ABS’s engagement was the result of an untimely departure of the prior Chief Financial Officer.

  • Where do recessions come from

Where Do Recessions Come From?

March 31st, 2023|

The Federal Reserve Bank of St. Louis recently published two articles which happened to catch our interest. The first is with respect to the labor market. In one graph, the inflationary pressure we are experiencing is well displayed. The graph in essence shows the disparity, over time, between labor supply and demand at: “Are labor supply and labor demand out of balance? | FRED Blog (stlouisfed.org)”. The imbalance (workers required) stands at 4.7 million.