Sales Manager

Laurence A. Madison

*** ******* ******

Mundelein, IL 60060

Cell Phone: 847-***-****

E-mail: abm5eo@r.postjobfree.com

Summary of Qualifications

Talented leader with over 30 years of management experience seeks a Chief

Financial Officer position to apply my accounting, tax, financial

reporting, strategic planning and financial leadership skills in managing

a large national or multi-national company or division.

. CPA, Masters of Science in Taxation with 12 years experience in Big 4

firms.

. Perform Risk Assessment analysis and Sarbanes-Oxley Section 404

reviews of financial processes, internal controls, documentation,

testing and implementation issues. Review Domestic and International

issues.

. Develop strategies and assist in the implementation for process

improvement and increased efficiency in the financial operations.

. Structure complex transactions involving reorganizations,

consolidations, mergers, acquisitions, sales and liquidations of

entities focusing on accounting and tax issues.

. Develop due diligence procedures and perform due diligence analysis on

acquisition prospects regarding review of potential risks, tax and

accounting issues.

. Experience in working with new companies and/or divisions and

establishing processes, procedures and internal controls for all

company functions.

. CFO experience in public and private entities at divisional and

corporate levels. Experience with start-ups, growth and financially

troubled companies.

. Current CFO fully reporting Public Company in technology and emergency

services.

. SEC financial reporting experience including preparation, review and

coordination with outside auditors for Form 10K, For10Q, Form 8K and

other reports required for full compliance with SEC reporting.

. Experienced in financial reporting and valuation issues surrounding

the accounting for derivatives, intangible and long-lived assets.

. Experienced in international, U.S, multi-state and local tax

compliance and planning.

. Significant experience in ASC 740, Accounting for Income Taxes,

regarding financial statement tax presentation requirements and

analysis.

Experience and Accomplishments

March 2008 - Present

Sector 10 Holdings, Inc. & Subsidiaries, Salt Lake City, UT

Executive VP, CFO, Secretary, Treasurer

Hired by former client to assist in the acquisition of public entity, final

product development and develop strategies for the introduction of product

to market. Responsible for finance and administration functions. Work in

conjunction with CTO in the development of the technology for product

development and systems integration. Some key functions involve:

. Develop financial strategies and related business plans to raise

capital for product development and market distribution.

. Review company policies, procedures, processes and controls for all

financial, sales, marketing and distribution cycles. Design new

policies and procedures where appropriate to maintain compliance with

Sarbanes-Oxley.

. Coordinate the preparation, review and audits of financial statements

reporting with auditors in order to timely file Form 10K, Form 10Q,

Form 8K and other required reports required for SEC reporting.

. Coordinate with Transfer Agent all stock transfers for new stock

issued in financing and other company transactions. Coordinate all

investor relations communication and activity.

. Review and negotiate agreements with all outside parties regarding

financing, acquisitions and other transactions.

April 2007 - March 2008

Grant Thornton, LLP, Chicago, IL

Manager - Tax Policy and Procedures

Assist in the development, implementation, monitoring and testing of Firm

policy, procedures and controls in the US Tax practice. Assist in the tax

risk assessment for GT US firm operations. Review contingent fee

engagement letters and other complex engagement letters in conjunction with

Firm legal counsel to verify compliance with professional standards and

firm policy. Assist in the development and implementation of training

programs relating to tax policy and procedures. Review new legislation and

determine impact on firm policy.

Sept 2004 - April 2007

Control Solutions International, Inc., Chicago, IL (Contract with Madison &

Associates)

Senior Manager

Provide Tax Consulting Services to Internal Audit Consulting Firm. Develop

Tax Risk Assessment Program to provide services to Large Corporate clients

regarding the review of tax risks controls and procedures. Develop

strategies and assist in the implementation for process improvement and

increased efficiency in the tax operation. Consultation with clients

regarding Sarbanes Oxley Sec 404 Internal Control reviews, FAS 109

documentation and FIN 48 implementation issues (now referred as ASC 740).

Develop and implement a tax risk assessment review that encompasses 12 core

functions within a Global Tax Department. Clients are large Multinational

Organizations that are active in mergers and acquisitions and generally

have significant international operations and activities.

Jan 1991 - April 2007

Madison & Associates, Ltd., Chicago, IL - President (Oct. 1995 - April

2007)

Mueller & Madison, Inc., Cincinnati, OH - Partner (Jan. 1991 - Oct. 1995)

Provide CEO, COO, and CFO consultation services including high-level

business and strategic consultation and tax compliance consultation to

business clients specializing in High Tech Growth Companies. Perform due-

diligence reviews and investment banking services relating to mergers,

acquisitions, and other capital transactions. Perform litigation-support

services including forensic reviews and expert testimony. Provide

compensation and benefits planning for business clients and comprehensive

financial and estate planning for individuals.

Mar. 1989 - Dec. 1990

USF&G Financial Services Corp. & Subsidiaries, Cincinnati, OH

Executive Vice President / Chief Financial Officer

Hired to assist in turnaround of a financially-troubled USF&G subsidiary.

Worked directly with Executive Vice President of USF&G; managed all

financial, personnel, administrative, and MIS systems. Negotiated purchase

and supervised implementation of MIS and accounting computer systems. Acted

as Treasurer with responsibility for the financial reporting, regulatory

filings, and coordination with the TPA and trustees for three subsidiaries.

Selected accomplishments:

. Coordinated final technical development, sales and marketing, and

product launch for new financial services product, "MD Comp," with

total capital funding of $50 Million. Developed, recruited, and

trained national sales force for MD Comp and created and implemented

the sales administration system used in tracking the status of all MD

Comp sales activities.

. Obtained endorsements for the product from national, regional, and

local healthcare alliances and coordinated the activities of

nationwide sales consultants.

May 1986 - Mar. 1989

Ernst & Young (formerly Ernst & Whinney), Cincinnati, OH

Senior Manager, Tax

Coordinated tax compliance and planning for all corporate, partnership,

trusts, and individual clients. Performed regional tax consultation for all

North Central region insurance company clients. Coordinated representation

to manage tax implications of the inventory capitalization rules. Prepared

financing packages including projected financial statements for clients

seeking capital. Gained extensive IRS negotiation experience. Provided

structuring and transaction planning for corporate sales, acquisitions, and

mergers.

Aug. 1981 - Apr. 1986

KPMG Peat Marwick (formerly Peat, Marwick, Mitchell & Co), Chicago, IL,

Columbus, OH

Senior Manager, Tax

Managed all facets of corporate taxation for Life and Property & Casualty

Insurance Companies. Provided research and consultation relating to

mergers, acquisitions, reorganizations, and consolidations. Transferred

from Chicago to Columbus to manage regional insurance tax practice

consisting of approximately 50 clients. Also, served clients in other

industries including manufacturing, broadcasting, and printing.

June 1979 - Aug. 1981

United Insurance Company of America, Chicago, IL

Senior Tax Specialist

Researched, planned, and prepared all Federal, state, and local income tax

returns for parent and subsidiary corporations. Developed computer program

to calculate total life insurance company's tax return, GAAP tax provision,

and all necessary supporting documentation. Assisted in IRS examinations of

returns for the years 1959 - 1976. Assisted in development of a new

automated accounting and management reporting system for a Property &

Casualty subsidiary.

May 1978 - May 1979

PriceWaterhouseCoopers (formerly Price Waterhouse & Co.), Chicago, IL

Staff Accountant

Reviewed interim and year-end financial statements of clients in various

industries including textile, retail, manufacturing, and transportation.

Education and Certifications, and Professional Memberships

Master of Science. Major in Taxation. DePaul

University, Chicago, Illinois

Bachelor of Science. Major in Accounting. Purdue University, West

Lafayette, Indiana

Certified Public Accountant - licensed, Illinois

Member, American Institute of Certified Public Accountants

Member, Illinois CPA Society

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