Mr. Abrams performs the duties of a financial advisor for Petroteq Energy Inc. He has sat on many corporate boards of a diverse range of public and private companies (established entities and start-ups) and has extensive experience in strategic planning, capital structure, public market launches and research. Mr. Abrams was the original seed investor for Akeena Solar (NASDAQ: AKNS) (2006 - 2010), assisting in the launch of an IPO, and was successful in multiplying its market cap 15 times in one year to $400 million.
He was a seed investor and advisor to ZAGG (NASDAQ: ZAGG) where he co-engineered a public offering for this mobile accessory company. The market cap was increased from $13 million to $300 million. Mr. Abrams, co-founder of Inter-Mix Inc., assisted in the launch of this entertainment destination portal with annual revenues over $100 million. This company launched many Internet sites including MySpace and was sold to NewsCorp in 2005 for $580 million. Mr. Abrams was the co-founder of The Software Toolworks, Inc. where he was responsible for all operating functions in its growth from start-up to $50 million and directed over 10 merger and acquisition transactions. He negotiated and raised two secondary offerings for over $100 million, opening offices/joint ventures in the U.K., France, Germany, Japan, China, Southeast Asia, Australia and South America.
Mr. Abrams currently holds several positions as a board member or advisor to several start-up companies: Emerge Digital, Atigeo, Caldera Pharmaceuticals and Job Channel Network, all private companies. He is also involved with Adtech, Big Data (relational database technology).
He holds a B.A., Economics (SUNY, Buffalo, NY) and an MBA Degree (University of Rochester, NY). He was an adjunct graduate faculty member at Central State University, and a professor of accounting, finance and statistics in their MBA Program. Mr. Abrams is a member of the Simon School Executive Advisory Committee and the William E. Simon Graduate School of Business, University of Rochester.