Corporate Report

Manatee Chamber of Commerce partners with Boomerswork
The Manatee Chamber of Commerce is partnering with Sarasota-based Boomerswork to help its members access baby boomer professionals for short-term projects. Boomerswork is an online service that matches retired or semi-retired boomer generation managers and executives with employers seeking experienced talent for part-time and contract assignments.

“Our chamber is focused on collaborations to ensure an adequate workforce today — and tomorrow,” Jacki Dezelski, executive vice president of the Manatee Chamber, says in a press release.

Garb Oil & Power Corp. stock going through reverse split
The CEO and president of Garb Oil & Power Corp., Tammy Taylor, has announced the company is planning a reverse stock split. In an open letter to shareholders, he says that a reverse split is required for the company's stock to remain on the OTC Pink Current Tier.

The change will create one share for every 10,000 stocks with fractional shares being rounded up to the nearest 50 whole shares.

In addition, he says the company has been in discussions to acquire several profitable operating companies, including a medical marijuana paraphernalia firm. The letter says that over the next quarter the company expects to acquire “a few” profitable operating companies and that it is moving toward acquiring both the Largo commercial office/warehouse and the Reddick industrial manufacturing site.

Skyway Capital Partners aids in Pearce Services sales
Tampa investment banking firm Skyway Capital Partners assisted in the sale of Paso Robles, Calif.-based Pearce Services Inc. to Willcrest Partners LLC of San Francisco.

Founded in 1981, Pearce Services offers specialized engineering, maintenance and repairs for both wired and wireless communications infrastructure for broadband telecommunications customers across 40 states.

“Willcrest will provide the additional infrastructure and operational expertise to leverage Pearce's leadership position in its marketplace, which should continue to fuel its already impressive growth,” Scott Feuer, CEO of Skyway Capital Partners, says in a press release.

Tampa attorney Brent Britton joins San Francisco law firm de la Peña & Holiday
Technology and businesses attorney Brent Britton has joined de la Peña & Holiday as managing partner of the firm's new office in Tampa.

For the past 20 years, Britton has assisted entrepreneurs and technology companies with legal services specific to the technology sector.

“My hope is to be able to bridge the two Bays, make connections and ultimately help clients grow their businesses,” Britton says in a press release. “I've learned a lot practicing law in the tech space for the past two decades and it's exciting to be able to share my experience with emerging companies in Tampa Bay while at the same time returning to my roots in San Francisco.”

Just three years out of law school, Britton founded the San Francisco technology law firm Britton, Silberman & Cervantez in 1997. That firm and was ultimately acquired by Thelen Reid & Priest. Since then, Britton has worked as a technology lawyer with major law firms in California, New York and Florida.

“Having an attorney like Brent on our team will provide tremendous value to the companies we work with,” said Greg de la Peña, founding partner of de la Peña & Holiday. “Brent's San Francisco firm was cutting edge back in the '90s. He's only gotten better since then and we're thrilled to welcome him into our firm.”

NeoGenomics second quarter revenue projected to grow 30% year-over-year
Fort Myers-based NeoGenomics Inc. has raised its revenue guidance for the second quarter from between $18.8 million to $19.3 million to $20 million to $20.5 million. The company attributed the jump to exceptionally strong year-over-year sales growth in April and May, driven by a continued increase in the number of new customer accounts.

NeoGenomics Inc. is a clinical laboratory that specializes in cancer genetics diagnostic testing.

Hole Montes' CEO named to Encore Bank board
Thomas Taylor has been appointed to the board of directors of Naples-based Encore Bank.

Taylor is the CEO of the engineering firm Hole Montes Inc.

“[Taylor's] interest in Southwest Florida is personal, having spent many years literally shaping our community,” says Tom Ray, CEO of Encore Bank.

xG Technology subcontractor on multi-year government contract
Sarasota-based xG Technology Inc. has been chosen as a subcontractor to provide communications and network services to the U.S. Army's Communications-Electronics Research, Development and Engineering Center (CERDEC) Space and Terrestrial Communications Directorate (S&TCD). xG Technology is teaming with the primary contractor Science Applications International Corp. on the three- to five-year contract, valued at a maximum of $497 million.

The Space and Terrestrial Communications Directorate (S&TCD), part of the CERDEC, provides secure wireless military communications and networking technologies.
xG Technology will provide research, development and evaluation services.

Net Savings Link buys Global Distribution Inc.
Clearwater's Net Savings Link Inc. has completed the acquisition of Global Distribution Inc., a distribution company that specializes in supplements, vitamins, nutraceuticals and other health products.
Net Savings Link plans to change its business model along with its name to Global Distribution Inc. Global Distribution's CEO, Steven Baritz, will also be appointed to Net Savings Link's board of directors.

“I am extremely excited about becoming part of a publicly trading entity because it gives us the reach and access to capital we need to completely dominate this market, and to complete what we originally set out to do,” Baritz says in a press release.