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Testimonial - Jul 19, 2010

Posted by: Ronald W. Baker in Testimonials

I've been a turnaround CEO for many years and Ron was the best CFO I ever had. His work ethic, creativity, and attention to detail helped us solve many issues. We dramatically improved our gross margin by focusing on gross margin by SKU- building on the winners and reducing costs or dropping the SKU losers. Ron negotiated the sale and leaseback of our plants, paid down debt, and negotiated our way out of bank and subordinated debt default. We cleaned up our balance sheet reducing accounts receivable and inventory. Ron was invaluable in dealing with our Board, banks, and subordinated debt holder- bringing calm in a period of great turmoil.

Stan Burson
President and CEO
Omega Polymer Technologies, Inc.
Aurora, Ohio