Subject: FW: Gunnar Optiks opportunity for RSTP/RS
From: "Neil Callahan \(Rosemont Seneca\)" <[email-masked]>
To: <[email-masked]>, "'John DeLoche'" <[email-masked]>, "'Hunter Biden'" <[email-masked]>, <[email-masked]>, "'Rob Walker'" <[email-masked]>
Date: Tue, 14 Feb 2012 23:27:58 -0500

Hey guys,

Interesting company and investors.  May not be ideal for RSTP.  The company
is open to advisory assistance.  They expect the USG to be their biggest
institutional client to improve the workplace environment and need help
navigating how to proceed in that market.  Also could be an interesting
relationship with Motion Global to broker.

I will have an initial chat with them to understand their advisory needs and
what they are looking for in additional capital needs.

Take a look and let me know what you think.

Best,

Neil

 

Neil Callahan

Rosemont Seneca Partners

401 Greenwich Street, Suite 400

New York, New York 10013

212-796-4037 (o)

917-945-9516 (m)

866-749-8879 (f)

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From: avi lindenbaum [mailto:[email-masked]] 
Sent: Tuesday, February 14, 2012 9:07 PM
To: Neil Callahan
Subject: Gunnar Optiks opportunity for RSTP/RS

Hi Neil.  As discussed, attached please find an overview document outlining
Gunnary Optik's business and the investment opportunity currently on the
table (Subordinated Convertible Note ~$4MM to be used to retire existing sr
debt service and take in some working capital).  I have had several
conversations with their team via phone and I think it's worthy of a look by
RSTP for the following reasons:

*	fits RSTP's mandate seeking late stage technology companies that can
benefit from the DC advisory value add
*	first mover advantage in a large market. $7.6MM 2011 revenue with
2012 target of being cash flow positive on revenue of $15MM (56% GM). Have
raised ~$8MM in series A and B equity. Solid retail penetration already
*	marquee investors including: Peter Thiel-Clarium Capital,
Christopher Burch-Guggenheim Capital, Andy Corley former President Bausch &
Lomb NA
*	strategic marketing/distribution agreement executed with Carl Zeiss
Vision a $5B premium optical products company based in Germany.  Also an
investor.
*	Company has identified and begun executing against government
related opportunities and acknowledges value in a possible RSTP advisory
relationship
*	Various opportunities for RSTP to extract value: debt and equity
participation and advisory fees.  Likely equity raise of $1MM-$3MM to follow
in near future.

Gunnar Optiks URL: http://www.gunnars.com/ace/#three

We can set a call this Thursday with their exec team and look to meet face
to face when they are in from CA sometime toward the end of Feb.  Let me if
you can do Thursday between 3 and 5pm.

Cheers.

Avi