CORPORATE CONSULTING
The principals of Westwood Asset Management are available to consult, and engage in small business consulting from time to time. Since these activities can be time consuming Westwood Asset Management is highly selective of accepting clientele for this type of work. Westwood normally may make referrals to other professionals that consult on a full time basis.
In 2004 Allen and Byron were instrumental in assisting real estate entrepreneur, Andrew Tavakoli, in purchasing the Hamburger Hamlet group in a bankruptcy 363 sale from parent group Prandium. The principals also placed mezzanine financing of $2.5 million for Mr. Tavakoli.
In 2004 Allen was instrumental in advising his father, Bob Cooke, in the financing and launch of Doozy Cards. The subscription E card site grew quickly and is expected to generate net revenues of over $500,000 in 2007. Mr. Cooke is a part owner of Doozy.
Utopa is a retail technology software company that provides an integrated solution to hosted point of sale and other enterprise and clearing solutions aimed at small and medium size business. Utopa was started in 2005 and earned revenues in 2006. Mr. Cooke and Mr. Stead assisted in forming and guiding the company. Utopa intends to attempt formal funding from the venture capitalist community in 2007. Mr. Cooke and Mr. Stead are part owners of Utopa.
Energy Drink Vamp NRG failed to attract enough investor interest to complete an offering in 2006, but, is regularly considered to be a top tasting drink in the category. Parent company Transylvania Imports (Vampire Wines) will sell approximately 50,000 cases of Vampire wine in 2006. Mr. Cooke and Mr. Stead still regularly enjoy Vamp NRG.