The 5 year financial forecasts in the Cal-X Stars Business Accelerator, Inc. were prepared by George Georgallidis an MBA graduate from Pepperdine University and Sukaina Alarakhia, PhD – Financial Analyst based on input and assumptions provided by Howard J. Leonhardt, Founder, Executive Chairman and CEO.
Assumptions and inputs to financial forecasts:
1. The cardiovascular innovations portfolio has by plan intention to exit within 3 to 5 years by a Dutch auction with the data available at the time.
2. Cameron Health, World Medical Manufacturing Corp., Arterial Vascular Engineering and NanoStim were used as primary reference comparables for the cardiovascular portfolio.
3. The portfolio of innovations and startups address very large markets = 1. Heart failure. 2. Arterial disease. 3. Lower limb ischemia. 4. Breast augmentation without surgery. 5. Diabetic foot uclers. 6. Heart valve calcification. 7. Aortic aneurysm disease. 8. Social good impact investing. 9. Online education. 10. Inspirational media.
4. The founding teams and advisory boards have track records in taking products from concept to market leadership.
5. By charter we only accept social good impact innovations in our portfolio that expect to be cash flow positive within 12 months of funding and entering the accelerator mentoring program.
6. The founding teams and advisory board have track records in building strong intellectual property estates.
7. The company strategy of developing never before tried breakthrough first ever innovations is the equivalent in baseball of swinging for the fences for home runs which correlates with increased risk of strike outs (total loss). This has been communicated throughout all our materials repeatedly. We also have published our commitment to Tom Peters taught innovation strategies of try a lot of stuff and keep what works, fail forward fast + ready, fire, aim and rapid prototyping and trial balloons for rapid feedback loops.
8. We in no way make any sort of promise for high returns. In fact just the opposite we make clear that our strategy is a high risk strategy NOT appropriate for any nest egg type investments. We communicate only that we are trying to cure heart failure and undertake other great leaps forward in innovation, with bold new never tried before inventions. We communicate clearly that many others have tried before to conquer heart failure and have failed to prove better safety and efficacy than existing therapies. Conquering heart failure is not expected to be easy in any way and we make this clear. Our other goals as an organization are nearly on the same scale of loftiness and difficulty ie; creating the first conscious capitalism stock exchange in the USA, developing the first biological pacemaker made of living cells, developing the first wireless energy systems to non-invasively direct stem cell repair of organs and tissues without surgery, vibration energy systems to prevent arterial plaque formation in arteries, the first stem cell recruiting and muscle growing heart pacemaker, the first ever implantable stem cell pump and electrical stimulator combination device.
9. Our clear stated goal with the cardiovascular innovations is to sell them off in 3 to 5 years in auction with whatever data is then available (hopefully minimum of 30 OUS patients) to one of the leaders in the space which include; Medtronic Inc, Boston Scientific Guidant, St. Jude Medical, Abbott Labs, Johnson & Johnson, Novartis, Amgen, Genentech, Sorin Biomedica, BioTronik, Terumo, AbioMed, HeartWare, Thoratec or Edwards.
10. We communicate clearly that it is nearly impossible to predict the five year out financial forecasts of very early stage developments that are attempting to be brand new breakthrough disruptive innovations, that have never been tried before, where no true benchmark comparison exists.
Cal-X Stars Business Accelerator, Inc. Financial Analyst Advisor Sukaina Alarakhia, PhD – Financial Analyst – Qualifications and Experience
Research Areas:
1. Corporate Governance: Board Structures, Board Composition, Board Performance.
2. Mergers and Acquisitions: acquisition strategy, acquisition motives, transaction types, acquisition failures/successes, determinants of premiums.
3. PE & VC Industry
4. Innovation in Health Care & Life Science.
Dissertation: “An Examination of the Relationships between Acquirer’s Board Vigilance Factors and Premiums Paid in Acquisitions”
Career Interests: Investment/competitive analysis and due diligence in life science, health care and high tech, M&A analyst, Management Consulting, Proxy Research and Proxy Solicitation, Private Equity, Venture Capital, Economic Development and Research Policy.
Industry interests: Life Science, Mobile Healthcare, Wireless Life Science, Clean Tech, Hi Tech.
Experience
Analyst
Moore Venture Partners
January 2014 – Present (1 month)San Diego
05/12 – 12/13 Intern; 01/14 – Present: Analyst
Intern
Index Fund Advisors, Inc.
November 2013 – Present (3 months)Irvine, CA
Analyst
Tech Coast Angels
March 2012 – January 2014 (1 year 11 months)
03/12 – 12/12 Analyst Intern; 01/13 – 07/13 Deal Analyst
Key member of a team evaluating early stage life science and technology companies for investment opportunities
• Sourced deals, conducted initial screenings and preliminary due diligence on early to growth-stage companies
• Understood business models, competency of executive teams, ownership and finance structures
• Performed competitive analysis to understand strengths, weakness, opportunities, and threats
• Conducted additional financial, market, intellectual property, and company due diligence
• Compiled, analyzed, and reported quarterly data on deal flow and company screenings
• Brought in additional $314 K in outside funding for series B round for an emerging specialty pharma company
About Tech Coast Angels (TCA)
TCA is the largest angel investment organization (in terms of portfolio size) in the United States, with over 300 members in five regional networks covering all of Southern California. Members have invested over $120 million in approximately 200 companies since TCA’s inception in 1997. TCA’s portfolio companies have attracted over $1 billion in additional investment, and several of them have recently achieved successful liquidity events though acquisition or the IPO market.
Board Member – Operations Chair
Association for Strategic Planning
August 2005 – January 2014 (8 years 6 months)San Diego, CA
(Open)1 recommendation
Timi Gleason
Leadership & Group Coach; Virtual Strategic Planner; Stakeholder-Centered; Org Dev-HR Mentor
The San Diego Association for Strategic Planning (ASP) is small and mighty and without Sukaina as our Operations Chair, we wouldn’t be so mighty. As a volunteer, she is dependable, organized, creative and extremely hard-working. She communicates…View
Senior Consultant and Postdoctoral Research Associate
General Informatics LLC
September 2010 – December 2013 (3 years 4 months)
Project A: Technology commercialization and innovation cluster-building project for the U.S Environmental Protection Agency (EPA) in its efforts to have Cincinnati become a known center for research and commercialization of innovative water technologies.
Project B: Innovation Fund project for Serbia, funded by European Union and World Bank
• Reviewed and evaluated early-stage innovative start-ups across wide industries in Serbia that applied for funding to assess their eligibility and qualifications based on the Innovation Fund’s funding criteria.
About General Informatics
General Informatics LLC is an international economic development, research and policy consultancy, providing industrial, science, and technology advise toward policy making in attracting, launching, and retaining innovative technology companies for regional wealth. Clients include governments, agencies, authorities, and research institutes.
(Open)1 recommendation
Fred Phillips
Professor at SUNY Stony Brook: Technology-based economic development; Higher Education; Research & Policy
Sukaina is prompt, thorough, bright, and personable, and has produced excellent work in our project with General Informatics LLC for the Environmental Protection Agency. She and I have also worked together at CONNECT in San Diego, advising start-up…View
Corporate Development Intern
Apricus Biosciences
February 2012 – June 2012 (5 months)
Conducted foundational research and analysis to support the executive team’s business decisions involving strategic alliances
• Researched, gathered and organized information on a newly in-licensed product for the purpose of partnering the product with additional pharmaceutical companies
• Identified strategic partners within Apricus’ therapeutic areas for potential licensing and strategic partnerships
Springboard Fellow, Research Analyst and Finance Domain Expert
CONNECT
November 2011 – April 2012 (6 months)San Diego, CA
As Analyst: Identified start-up successes; analyzed and reported quarterly and annual trends on economic impact, venture capital funding, mergers and acquisitions, private placement, initial and follow-on public offerings activity.
As Domain Expert: Assisted startups in high-tech, biotech, medical devices, wireless and media industries, seeking early stage advice and funding. Advised on financials, market analysis, competitive positioning, and strategic direction.
About CONNECT – Catalyzing the creation of innovative technology and life sciences companies in San Diego
CONNECT, originally founded by University of California San Diego (UCSD) in the mid 80s and spun out of the university in 2005, has assisted in the formation and development of more than 3,000 companies in the San Diego region and is widely regarded as one of the world’s most successful organizations linking inventors and entrepreneurs with the resources they need for commercialization of innovative products in high tech and life sciences. The program has been modeled in more than 50 regions around the world. CONNECT has been recognized by Time, Inc. and Entrepreneur magazines and in 2011 won the national State Science and Technology Institute’s 2011 Excellence in Tech Based Economic Development Award for Building Entrepreneurial Capacity. In 2010 CONNECT was the recipient of the Innovation in Economic Development Award from the U.S. Department of Commerce for creation of Regional Innovation Clusters. CONNECT manages the San Diego, Imperial Valley, Inland SoCal Innovation Hub (iHub) designated by the state of California Governor’s Office of Business & Economic Development in 2010. Key to success has been the unique “culture of collaboration” between research organizations, capital sources, professional service providers and the established industries.
Founder
TheDealToday.com
July 2009 – July 2010 (1 year 1 month)
Online retail store displaying one product a day. Voted top ten by KillerStartups within first 3 months of launch date.
Assisted 5 start up ventures
While at School
February 2007 – September 2009 (2 years 8 months)
• Analyzed initial business model, identified additional revenue sources, researched targeted population and competition, provided strategic and financial recommendations
• For an online retail store: Developed market strategy to generate leads and sales from website traffic: affiliate marketing program, PR via online press release, blogs, email marketing campaigns
• Helped connect ventures to start-up and early-stage investors
• Provided support and recommendations on day to day operations, pricing strategies, marketing, branding, financials, and immediate and long-term strategies
Strategic Management Project
Meals-On-Wheels (MOW) Greater San Diego
June 2006 – August 2006 (3 months)
Observed and evaluated board’s and key executives’ strategic management process for CEO; offered three recommendations.
Summer Project – Acquisition Analyst
WD-40 Company
June 2005 – July 2005 (2 months)San Diego, CA
Identified 308 products as potential acquisition targets for CEO; narrowed to two targets most suited to WD40′s strategic objectives.
International Trade Intern
World Trade Center San Diego
January 2005 – May 2005 (5 months)
Participated in WTC’s new initiative to identify specific biotech and telecom companies in India seeking to form strategic partnerships with U.S clients.
Project Manager for a Strategy Class Consulting Project
SONY Corporation – Robotics Division, AIBO
January 2005 – March 2005 (3 months)
Performed strategic market segmentation and strategic diagnosis on SONY’s North American AIBO (Robot) division to measure its optimum strategic performance positioning.
Documentation Support Specialist, while attending MBA school
JPMorganChase
March 2001 – January 2004 (2 years 11 months)
Documentation Support Specialist 03/2001-01/2004
Responsible for all documentation serving the U.S Western Region, and assisted senior management with special strategic projects, audits, and six-sigma initiatives.
Marketing Intern
General Motors Marketing Internship
March 2000 – June 2000 (4 months)San Diego, CA
Worked with team members; conducted advertising, marketing, project management and budgeting functions
• Analyzed qualitative and quantitative data from consumers to determine commercial viability of product
• Assisted in planning of promotional event by generating sponsors, coordinated media strategy, press releases, created and executed ad campaigns; resulted in a 75% increase in product exposure
Teaching Assistant and Computer Lab Assistant
United States International University – Nairobi, Kenya
March 1997 – March 2000 (3 years 1 month)
• Assisted Information Systems Professor with class teaching and prep work
• Developed training manuals; Provided training and support to students and faculty in using various software applications
• Successful at installing hardware/software, setting up user accounts and trouble shooting
Consultant to Senior Executive Team
Gulf Air
December 1997 – January 1998 (2 months)Dar es Salaam, Tanzania
Assigned to study percentage decline in annual sales in comparison to competitor airline Emirates.
ISP Team Member
Raha.com
December 1996 – January 1997 (2 months)Dar es salaam, Tanzania
Worked with founding team to launch Tanzania’s first ever internet service provider, HeartbeatOnline, now named Raha.com
Assistant Manager
Friendly Travel and Tours, part-time and concurrent with schooling
January 1990 – September 1996 (6 years 9 months)Mombasa, Kenya
Management, sales, marketing, ticketing, and advertising.
• Increased overall sales with addition of new travel organization by 30%
• Increased bookings by 90% over a 3-month period
• Designed and marketed tour packages to both international and domestic clients
• Recognized for offering top quality service, saving clients time and money
Publications
Life Science Cluster Report, Kansas region.
September 2010
Honors & Awards
Dorothy L. Harris women’s award in leadership
Alliant International University – Marshall Goldsmith School of Management
May 2010
Sumner Alpert Award lifelong learning in strategic management
Association of Strategic Planning
February 2007
Additional Honors & Awards
-Dorothy L. Harris women’s award for Leadership, 2010
-Sumner Alpert Award for lifelong learning in strategic management, 2007
Skills & Expertise
Most endorsed for…
55Start-ups
47Entrepreneurship
46Strategy
39Business Strategy
29Management Consulting
25Strategic Partnerships
23Mergers & Acquisitions
17Business Development
14Venture Capital
14Market Analysis
Sukaina also knows about…
13Research
13Competitive Analysis
11Corporate Development
11Due Diligence
9Analysis
8Management
7Lifesciences
7Strategic Planning
7Business Planning
6Financial Modeling
5Private Equity
5Program Management
5Financial Analysis
5Project Management
4Angel Investing
See 9+
Education
Alliant International University, formerly United States International University-San Diego Scripps Ranch
DBA, Business Administration, Concentration: Strategic Management
2005 – 2010
Doctoral Research: Mergers and Acquisitions and Corporate Governance
Activities and Societies: • Sigma Iota Epsilon, member – USIU Chapter • Deans List
(Open)1 honor or award
Alliant International University, formerly United States International University-San Diego Scripps Ranch
MBA, International Business, concentration: Management Information Systems
2000 – 2002
Activities and Societies: Student Government Association – Graduate representative of the College of Business; Sigma Iota Epsilon
United States International University – Nairobi, Kenya
BS, International Business Administration, Dual major: Management Information Systems (MIS) and Marketing
1996 – 2000
Transferred to San Diego Campus in 2000 Spring Quarter.
(Open)1 recommendation
Shaz Rajput
Software Architect at Walmart.com
Sukaina has a natural talent to bring out a positive/friendly environment in any situation and works well with different personality types. She is easily approachable and always willing to help. She has the tenacity to pursue difficult tasks to…View
Additional Info
Personal Details
Birthday January 30
Organizations
Additional Organizations
Academy of Management Academy of International Business Strategic Management Society Association of Strategic Planning Association of Corporate Growth Corporate Directors Forum MIT Forum Harvard Business Society The Indus Entrepreneur (TiE) San Diego Ventures Group (SDVG) Stanford Technology Ventures Program (STVP)
Specialties:Research, analysis, due diligence, financial analysis, economic development consulting
Our PPM including financial forecasts were circulated to our entire experienced advisory team for review and input – http://www.calstockexchange.com/team-cal-x/