Oh ya and I was fishing a month ago up here for tuna with some guys from Florida and one of the guys mentioned a name Garrett Bender to me. Said he is a big time land developer. I almost threw up on the guy. One of my last memories of speaking to him was how well ibill was doing and I should not move transactions to ccbill. That everything was going to be well.
Looks like someone knew more then me and ran away with his money.
http://www.ascotdevelopment.com/abou...Garrett_Bender
Garrett Bender
Garrett Bender is a Principal and co-founder of Ascot Development, LLC (Ascot). Mr. Bender brings experience and skills gained at the highest levels of international business and corporate management to both structured and unstructured organizations. He has guided Ascot through numerous acquisition and sale transactions and now strategically manages Ascot?s land portfolio which is in excess of $350 million. Prior to Ascot, his most recent success occurred at an Internet based company where he served as President and CEO from April 2000 until February 2003. Mr. Bender was engaged to organize and develop the company for acquisition or a public offering opportunity. In less than two years Mr. Bender grew the company from 50 employees to over 400 and increased gross revenues two fold. In addition, he forged the company as a leading brand and was recognized by Forbes as the 5th most visited B2B site on the web. Financially, service revenues grew from $19.1M to $57.1M, transaction volumes increased from 800,000 to 3.4 million while maintaining gross margins at 11.2% and increasing EBITA from $3.4M to $9.1M. Based on this success, the company was acquired for $112M in cash.
Mr. Bender resides in Delray Beach, Florida with his wife Gina and their three children, Quillen, Draper and Olivia.