January 18, 2010

The May Report: 1/18/2010: This just in: Kraft Cadbury deal sealed for $19B; An
Efoora player is indicted for federal tax evasion

Editor and publisher: ron@themayreport.com, ronaldmay@aol.com,
www.themayreport.com, 773-525-3944.

If you missed an article, go here:
www.tmronline.com/A55951/tmrarticles.nsf/vwFullNewsletter
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TABLE OF CONTENTS

The Scoop section:
— This just in: Kraft Cadbury deal sealed at $19-billion
— Briefly noted, by Ron May
— Zishan Ahmad: chicago tech / startups
— TiE decides to limit press to general events with public servants only
— Rezko is still not in jail
— Marty Glotzer
— Daliah Saper: Thanks
— Illinois: The Case for Quality Content Online (from the FCC hearings)
— Cards Ron collected at the FCC hearings on December 21st, 2009
— Cards Ron collected at the CEC Holiday party on December 17th, 2009
— Cards Ron collected at BNC Capital Group on 1/5/2010
__________________________________________
The Scoop section:
_______________________
This just in: Kraft Cadbury deal sealed at $19-billion

www.chicagobusiness.com/cgi-bin/news.pl?id=36769&seenIt=1

Kraft seals $19-billion Cadbury deal, New York Times reports
By: David Sterrett Jan. 18, 2010
(Crain’s) — Kraft Foods Inc. has reached a $19-billion deal to acquire British
candymaker Cadbury PLC, the New York Times reported late Monday.

The deal, which could not be independently confirmed, would make
Northfield-based Kraft the world’s largest candymaker. It also would represent
a triumph for Kraft CEO Irene Rosenfeld, who pursued Cadbury for four months.
Cadbury executives spurned her original $17 billion cash-and-stock bid as too
low and tried to drum up competing offers.

Although Hershey Co. was reportedly working to line up financing for a bid, the
Pennsylvania chocolate maker had not presented an offer as of Monday evening.

Kraft significantly increased the cash portion with its latest offer, the Times
reported. Although Warren Buffett and other large Kraft shareholders warned Ms.
Rosenfeld against overpaying for Cadbury, they were most concerned about the
risk of issuing too much stock in the deal. Her new bid appears to alleviate
that concern without raising the overall price too high.

See Full Briefing
The deal would value Cadbury at about 840 pence a share, roughly 5% above the
closing price of Cadbury stock Monday.

The Times reported that the deal could be announced Tuesday morning, but talks
are still going on and could fall apart. Kraft must submit its final offer by
midnight Tuesday under British takeover rules.
_____________________________________________
Briefly noted, by Ron May

* I have to get this out and to bed. But the pot is starting ot boil on the
Efoora front again. One of David Grosky’s gofers, Allan L. Soboj, has been
indicted by a federal grand jury for federal tax evasion. There is no direct
reference to Efoora in the indictment, but I have to believe that he would not
have been investigated were it not for Efoora.

What the indictment says is that Soboj under-reported income by an unspecified
amount. It does not claim any amount certain. It states losses for each taxable
year in question in the low to middle tens of thousands of dollars, which the
government will of course state really had profits. It states as their offer of
proof the existence of a second set of books. Underreporting income, no matter
what this does to the bottom line, is its own criminal offense separate and
apart from whatever tax may be due on the amount underreported, as it
constitutes “filing a false tax return.” Of course, if the underreported gross
sales caused an increase in the tax due, that would be another offense. They
need to get to zero just to break even, as obviously taxable income starts at
zero and he disclosed losses.

Beyond Soboj, the bigger pot that is starting to boil is in Philly where an
ex-prosecutor named Gerry Egan appears to have been involved in some very
questionable activities but more on that soon.
________________________________________
Zishan Ahmad: chicago tech / startups

From: Zishan Ahmad zishan@techscene.us
Subject: chicago tech / startups
Date: Sat, 16 Jan 2010 16:15:23 -0600
To: Ronald May

Hi Ron,

We crossed paths last year at Social Media Club (twice), MIT Enterprise Forum,
Tech The Halls, and likely a few other times. Unfortunately, I don’t think we
spoke much.

Quite honestly, I didn’t know who you were prior to 2009, but I’m told if I’m
going to be in the tech community in Chicago, you’re the man to know.

Feel free to peruse chicago.techscene.us and add yourself or your
company to the directory. It’s had a slight remodelling since I’d given you my
cards last year.

Looking forward to talking to you about Chicago startups and entrepreneurship.
Happy New Year.

Regards,
Zishan

—–
Chicago Tech Scene – Founder
Website: chicago.techscene.us
Twitter: @Chi_TechScene

Chicago Tech Meetup – Co-Organizer
Website: www.meetup.com/Chicago-Tech-Meetup
Twitter: @Chicago_Tech

LinkedIn: www.linkedin.com/in/zishanahmad
____________________________________________
TiE decides to limit press to general events with public servants only

Subject: RE: Adarsh, did you guys have a board meeting in December and if so,
what hap
Date: 1/18/2010 1:37:36 P.M. Central Standard Time
From: maria.katris@midwest.tie.org
To: ronaldmay@aol.com
CC: aarora@athenasecurity.net

Ron,

Thank you for the email and my apologies for not following up regarding our
Press Policy. Yes, we did have a Board meeting and the press policy was
discussed and decided upon as such: The Press will only be invited to attend
General Member events where the speaker is a “Public Servant.”

I look forward to connecting with you in the future. Please feel free to
email/call me directly with any questions.

Thanks again,

Maria
______________________________________________
Rezko is still not in jail

From: Name withheld upon request
Subject: fyi – keep me out of this
Date: Sat, 16 Jan 2010 14:08:41 -0800 (PST)
To: Ron May ron@themayreport.com

don’t ask me why, but when I read this, I thought it would be the sort of thing
you’d relish

bigjournalism.com/fross/2010/01/16/mother-of-mercy-is-this-the-end-of-rez
ko-or-only-the-beginning/#more-6702
________________________________________
Marty Glotzer

Fom: mglotz@aol.com
Subject: Re: The May Report: 1/15/2010: Yet again, in praise of Scott McGarvey
and Les…
Date: Fri, 15 Jan 2010 21:44:10 EST
To: ron@themayreport.com

Martin Glotzer spoke at Walgreens meeting Martin Glotzer is a Roosevelt Univ.
graduate he spoke at Walgreens urging consideration be given to naming the
Pharmacy School Walgreens. an audio of the meeting can be found
www.walgreen.com click on investors relations then click on webcast of the
annual shareholders meeting Martin Glotzer can b heard at around the 13 th
minnute and 16th minute.thanks

In a message dated 1/15/2010 7:11:22 P.M. Central Standard Time,
ron@themayreport.com writes:
___________________________________________
Daliah Saper: Thanks

From: Daliah Saper admin@saperlaw.com
Subject: Re: The May Report: 1/15/2010: Yet again, in praise of Scott McGarvey
and Les Stern: It has now come to this: ChicagoBooth marketing roundtable has
banned, among others, Todd Allen, Steve Lundin, Ellis Booker, Jeff Jarvis, Brad
Spirrison, Andy Sernov
Date: Fri, 15 Jan 2010 19:17:04 -0600
To: The May Report

Hi Ron,
Thanks for including information about the January 28 Seminar at Saper Law in
your report!
All the best,
Daliah

On Fri, Jan 15, 2010 at 7:05 PM, The May Report wrote:
__________________________________________
Illinois: The Case for Quality Content Online (from the FCC hearings)

Illinois: The Case for Quality Content Online

Nearly 1 million Illinois children and adults are without access to a local
public library

Educational spending in the state ranges from ca $5,000 to $12,000+ per pupil

1 in 7 Illinois youths between the ages of 16 and 24 is jobless and out of
school

Those with limited literacy skills are more likely to be on food stamps, living
in poverty, or incarcerated

On the internet, most Illinois residents use a search engine to find
information instead of going to a quality website or online resource

Almost all other states offer access to quality content statewide: links and/or
databases; while Illinois offerings are weak and dependent on whether someone
lives in an area served by a public library

The resident of the state need and deserve quality links, vetted by the
Original Search Engines, Illinois librarians

Every child needs easy online access to quality databases, including
encyclopedias, literary sources, articles from newspapers and magazines,
scientific resources, etc.

Every adult needs easy online access to quality health information, career
resources and job leads, social services, lifelong learning tools, and other
resources that inform, educate, and support quality of life in Illinois

Let’s work together to bring Illinois along!

Content+ Access + Infrastructure + Training = Empowerment

Frances E Roehm
SkokieNet Librarian
Illinois CLICKS! Manager
Skokie Public Library
5215 Oakton St
Skokie, IL 60077
847.324.3173
froehm@skokielibrary.info
___________________________________________________
Cards Ron collected at the FCC hearings on December 21st, 2009

Mitchell Szczepanczyk
Developer
OpinionLab
mitchells@opinionlab.com

Ivy Walker
Chief Executive Officer
WHITIA
www.whitia.org
ivy@whitia.org

Gordon Quinn
Kartemquin Films
www.kartemequin.com
gordon@kartemequin.com

Karen J. Bond
Management Consultant
Evanston, Illinois
bond1865@lycos.com

Joe Born
CEO
Neuros
www.neurostechnology.com
jborn@neurostechnology.com

William H Weber
Cbeyond
www.cbeyond.net
william.weber@cbeyond.net

Jay Sharman
Founder
Chief Executive Officer
TeamWorks Media
jay@teamworksmedia.com

Craig J. Shields
President
Graymills
www.graymills.com
cshields@graymills.com

Barbara J. Bailey
President/CEO
Illinois Institue of Technology
B & B Communications, Inc.
bbailey1962@sbcglobal.net

Michael J. Mini
Director
Government Relations
Chicagoland Chamber of Commerce
www.chicagolandchamber.org
mmini@chicagolandchamber.org

Frances E. Roehm
Skokie Net Librarian
Skokie Public Library
Skokie Net
www.skokienet.org
froehm@skokielibrary.info

Ernest Sanders
NCP Program Manager/
Director, Communications
Greater Auburn – Gresham Development
www, gagdc.org
esanders@gagdc.org

Valerie F. Leonard
Community Development Consultant
www.valeriefleonard.com
consulting@valeriefleonard.com

Carol R. Wilkerson
Regional Communications Director
carol.wilkerson@sba.gov

Mrs. Diana M. Phillips
President and Chief Executive Officer
Elite Human Service Systems, Inc.
dianephillips@wowway.com

Thomas A. Reed
Director
Federal Communications Commission
Office of Communications
Business Opportunities
thomas.reed@fcc.gov

Michael Paulos
Government and Community Affairs Manager
Comcast Cable
michael_paulos@cable.comcast.com

David Auber
Mobile: 312.523.7290
dfh004@yahoo.com
______________________________________________
Cards Ron collected at the CEC Holiday party on December 17th, 2009

Laurence K. Hayward
VentureLab
www.theventurelab.com
lkh@theventurelab.com

Warren Bent
VP- Sales and Marketing
InCharge Systems, Inc.
www.inchargesys.com
warrenbent@inchargesys.com

John G. Lagedrost
Vice President
Director
Calamos
www.calamos.com
jlagedrost@calamos.com

Benjamin D. Kern
Attorney at Law
McGuire Woods
www.mcguirewoods.com
bkern@mcguirewoods.com

Meg Herman
Manager
Entrepreneurial Training/Counseling
Women’s Business Development Center
www.wbdc.org
mherman@wbdc.org

Sam Guren
Managing Director
Hyde Park Angels
www.hydeparkangels.com
sam@hydeparkangels.com

Anthony Baroud
Chief Executive Officer
Renewable Energy Solutions Technologies, Inc.
www.res-technologies.com
anthony@res-technologies.com

Denny Chandler
Chairman and CEO
SaberGuard
www.saberguard.com
dchandler@saberguard.com

Steve Lowy
President/Founder
SaberGuard
www.saberguard.com
slowy@saberguard.com

Dena Lyons
Artiste
www.denalyons.com
dena@denalyons.com

Denise Hartzell
Clearwire Corporation
www.clear.com
denise.hartzell@clearwire.com

Martin H. Kim
Principal
Froelich Kim Architecture
www.froelichkim.com
martin.fka@sbcglobal.net

Melissa Underwood
VP of Marketing and PR
Sittercity
www.sittercity.com
melissa@sittercity.com

Zenah M. Khawaja
CTO & Founding Member
Semiautomatic Semiotics
www.semiautomatic3d.com
cto@semiautomatic3d.com

Curt Geen
Chief Executive Officer
Sleepy Time Toys
www.sleepytimetoys.com
curtgeen@curtgeen.com

Rodrigo Guzman
Pybrew
rz@pybrew.com

Tammi K. Frankie
Attorney at Law
Fitzgerald + Hewes
tfranke@fitzhewlaw.com

Andrew Greene
Johnston Greene LLC
www.johnstongreene.com
agreene@johnstongreene.com

John Nix
VP- Technology Development
InCharge Systems, Inc.
www.inchargesys.com
johnnix@inchargesys.com

Brad Morehead
CFO
Feldco Factory Direct
bradm@4feldco.com

Pete Kadens
President
SoCore Energy
www.socoreenergy.com
pkadens@socoreenergy.com

Justin Brown
Managing Broker
Brown + Element Real Estate
www.brownandelement.com
justin.brown@brownandelement.com

Jeremy L. Adelman
Director
Angel Innovation & Entrepreneurship Network
Illinois Institute of Technology
www.iit.edu
jadelman@iit.edu

Phillip A. Leslie
Founder & CEO
ProOnGo
www.ProOnGo.com
Phillip@proongo.com

Brett Swinney
Imaging Manager
Real Talent
www.realtalent.com
brett@realtalentinc.com

Steve Chamberlain
Vice President
National City Bank
www.nationalcity.com
steven.chamberlain@nationalcity.com

Aditya Nath
CEO
Nexvu APM, LLC
www.nexvu.com
anath@nexvu.com

Adam Koopersmith
Partner
New World Ventures
adam@newworldvc.com

Kevin Souers
Vice President
Keane
www.keane.com
kevin.souers@keane.com

Michael C. Gruber
Founder
Cornerstone Angels
www.cornerstoneangels.com
michael@cornerstoneangels.com

Brian Crookes
Clearwire Corporation
www.clear.com
brian.crookers@clearwire.com

Jed Abernethy
Vice President of Sales
Athena
www.athenasecurity.com
jabernethy@athenasecurity.com
______________________________________________________
Cards Ron collected at BNC Capital Group on 1/5/2010

Andrea Moran
Managing Director
Marengo Hampshire Partners
www.marengohampshire.com
andrea@marengohampshire.com

Raymond J. Markman
President & CEO
Financial Life Planning
rmarkman@att.net

Dean Henning
Board Director
U.S. Way Corporation
www.uswaycorp.com
deanhenning@sbcglobal.net
max@usway.cn

Matthew Jensen
Natron Baxter
matthew@natronbaxter.com
314.485.4565

Nathan Verrill
Natron Baxter
nathan@natronbaxter.com
314.853.6289

Victor Korzen
U.S. Way
usway@uswaynet.com

Tom Zanzola
U.S. Way
lighting@uswaycorp.com

Ramsey Gouda
President
Q3 Wireless Inc
www.q3wireless.biz
ramsey@q3wireless.biz

Atakan Arica
Vice President
Turkish American Chamber of Commerce & Industry
www.TACCI-midwest.org
info@TACCI-midwest.org

Sean C. Fifield
Partner
LockeLordBissell&Liddell LLP
sfifield@lockelord.com

Jason Barlow Ph.D.
Principal
Vitality Consulting Group
vitalityconsultinggroup@gmail.com

Matthew T. Furton
Partner
LockeLordBissell&Liddell LLP
mfurton@lockelord.com

Robert Harney
President
RHS Telecom
www.rhstelecom.com
rharney@rhstelecom.com

Dejun Song Ph.D.
President/CEO
Afanche Technologies, Inc.
www.afanche.com
dejunsong@afanche.com

Josh Coughlin
President
Quantum Immunologics
www.quantumimmunologics.com
joshcoughlin@quantumimmunologics.com

Malcolm N. Speller
Chief Executive
AmniFPS
www.amnifps.com
mspeller@amnifps.com

Tom Huguelet
Chief Technology Officer
Intelligent Proof, Inc.
www.intelligentproof.com
tomh@intelligentproof.com

Zenah M. Khawaja
CTO & Founding Member
Semiautomatic Semiotics
www.semiautomatic3d.com
cto@semiautomatic3d.com

Foster Amoako
Bioanalytical Medicinal Chemistry Consultant
StembiGen, Inc.
famoako1@gmail.com

Janice Lesiotis
President
Intelligent Proof, Inc.
www.intelligentproof.com
janice@intelligentproof.com

John Miller
john@intelligentproof.com

David Simmons
NeuroMune Biopharmaceuticals
www.neuromune.com
dsimms@neuromune.com

Matthew R. Prazenka
Abacus Business Leaders, LLC
www.abacusbl.com
mprazenka@abacusbl.com

Kenneth B. Hopps
General Manager
Marketing and Sales Executive
k.hopps@yahoo.com

Malcolm N. Speller
Chief Executive
AmniFPS
www.amnifps.com
mspeller@amnifps.com

Lanre O. Osinowo
Chief Executive
AmniFPS
www.amnifps.com
losinowo@amnifps.com

Michael Cowan
Producer
Heartbeest Productions, Inc.
mbcowan@heartbeest.com

David Culver
Vice President of Marketing
Forward Momentum
david@forwardmomentumllc.com

Andrew Nadler
Director of Operations
Forward Momentum
andrew@forwardmomentumllc.com

Josh Coughlin
President
Quantum Immunologics
www.quantumimmunologics.com
joshcoughlin@quantumimmunologics.com

Ramsey Gouda
President
Q3 Wireless Inc.
www.q3wireless.biz
ramsey@q3wireless.biz
_______________________________________________
END OF REPORT