Subject: Re: Gunnar Optiks opportunity for RSTP/RS
From: "John DeLoche" <[email-masked]>
To: <[email-masked]>
Cc: <[email-masked]>, "Hunter Biden" <[email-masked]>, <[email-masked]>, "Rob Walker" <[email-masked]>
Date: Tue, 14 Feb 2012 20:31:51 -0800

Looks interesting. Good lead!

Please excuse typos as this message was sent from my handheld device. 

On Feb 14, 2012, at 8:27 PM, "Neil Callahan \(Rosemont Seneca\)" <[email-masked]> wrote:

> 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
> <GUNNAR Optiks-Investor Deck 2012 (2).pdf>
> <Executive_bios_combined.pdf