The May Report: 1/25/2012: Breaking news: Governor Brownback of Kansas freezes funds for the Kansas Bioscience Authority and the forensic audit “found instances of document destruction, misuse of funds and questionable management by former CEO Tom Thornton” who is now paying back money — will there be an indictment or is that jumping the gun?; Mr. Reck and Mr. Glickson, how do you feel about having had such close ties to him over the years?; and Reck, unfortunately, your first name will set off sp** filters which is why I can’t use it; Phil Tadros says he wanted to jettison the coffee shop business to focus on Doejo, so why then is he opening a roasting business with Seth Kravitz of all people — just curious, what does Seth know about roasting?; I’m writing the case against Nancy Sullivan without the personnel issues which starts with puffing the numbers by pursuing frivolous patents (about 50%), how Jeff Norgle told her — so did Colin and so did Jay — that the patents were terrible, and remember it takes $20K-$30K to prosecute each patent application; splitting disclosures to puff the numbers, currying favor with inventors (professors) by helping them skirt around university requirements, waiving patent maintenance fees for inventors, all the rules broken in the hiring and promotion of Jeremy Hollis; and many other things in her bag of tricks; her predecessor Mary Dicig was canned because she did protect university and taxpayer interests; Terry Howerton’s farewell

Editor and publisher: Ron May, 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

(ALL REPORTS HAVE NOW BEEN POSTED ON THE TMRONLINE.COM SITE AND THANKS TO PROMINIC FOR FIXING THE PROBLEM)
Otherwise, just go to www.themayreport.com where all the articles are archived and the search function on the new site is now working

Louis Brandeis: “Publicity is justly commended as a remedy for social and industrial diseases. Sunlight is said to be the best of disinfectants.”

frequently attributed to Edmund Burke: “All that is necessary for the triumph of evil is that good men do nothing.” but the quote and its many variations have been the subject of dispute. See en.wikiquote.org/wiki/Edmund_Burke for more.

“Larsen E. Whipsnade”: You Can’t Cheat an Honest Man (1939), a comedy film starring and scripted by W. C. Fields

Andre’ Gide (1869 – 1951) in his “Les Nourritures Terrestres. Envoi:”:
“What another would have done as well as you, do not do it. What another would have said as well as you, do not say it; written as well, do not write it. Be faithful to that which exists nowhere but in yourself — and thus make yourself indispensable.”
______________________________
TABLE OF CONTENTS

The Scoop section:
– Kansas City ;paper reports that funds for the KBA are on hold and there were instances of document destruction, misuse of funds and questionable management by former CEO Tom Thornton
– QuesTek Wins SBIR Phase II Award to Develop Tools and Design Molybdenum-based Alloys
– VShot Event Schedule For The Week Of January 23rd – 27th
– Phil Tadros: Defends his closing Noble Tree
– Terry Howerton’s blog and his rationale for stepping down
_____________________________
The Scoop section:
______________________
Kansas City ;paper reports that funds for the KBA are on hold and there were instances of document destruction, misuse of funds and questionable management by former CEO Tom Thornton

www.kansascity.com/2012/01/25/3390736/kansas-bioscience-authority-funds.html?story_link=email_msg
Kansas Bioscience Authority funds on hold
THE ASSOCIATED PRESS
TOPEKA, KAN. — Gov. Sam Brownback’s administration is withholding the payment of about $22 million in state revenue to the Kansas Bioscience Authority.
The money is part of the KBA’s annual appropriation of $35 million approved by legislators in the 2011 session.
Administration officials say the KBA has enough money in its accounts to meet its obligations for investments to bioscience companies.
The state revenue is typically paid to the authority in the fall of each calendar year. But it’s been on hold while auditors conducted a forensic investigation of the bioscience authority and its management.
Outside auditors said this week they found instances of document destruction, misuse of funds and questionable management by former CEO Tom Thornton. He resigned last April and has repaid about $4,600 to the KBA.
Posted on Wed, Jan. 25, 2012 09:39 AM
__________________________
QuesTek Wins SBIR Phase II Award to Develop Tools and Design Molybdenum-based Alloys

Subject: News Release – - QuesTek Wins SBIR Phase II Award to Develop Tools and Design Molybdenum-based Alloys
Date: 1/25/2012 10:40:38 A.M. Central Standard Time
From: rkooy@questek.com
To: ronaldmay@aol.com, ron@themayreport.com
Hi Ron,
Hello from your friends at QuesTek! Here’s our latest news, for those interested in Chicago-area technology developments, the computational design of new materials, or next-generation products in high temperature service (1,300°C or higher). The news is also posted at: www.questek.com/press-releases.html?NewsID=52
Best Regards,
Rich
Rich Kooy, P.E.
Director of Sales and Marketing
QuesTek Innovations LLC
1820 Ridge Avenue, Evanston, IL USA 60201
Office Tel 847-425-8213 | Cell 847-528-5016
rkooy@questek.com | www.questek.com

QUESTEK WINS SBIR PHASE II AWARD TO DEVELOP TOOLS
AND DESIGN MOLYBDENUM-BASED ALLOYS
New Design Tools to Yield New Ductile, Oxidation- and Creep-Resistant Molybdenum-Based Alloys for High-Temperature Aerospace, Defense, Industrial and Commercial Applications
EVANSTON, IL, Jan. 25, 2012 – QuesTek Innovations LLC has been awarded a Small Business Innovation Research (SBIR) Phase II project from the Defense Advanced Research Projects Agency (DARPA) to apply QuesTek’s Materials by Design® technology to develop tools to computationally design molybdenum-based alloys with greater ductility, oxidation resistance, and creep resistance for use above 1,300°C (2,372°F). Process-structure and structure-property models based on custom multi-component thermodynamic and mobility databases will also be developed. In addition, QuesTek will utilize these tools and models to design advanced molybdenum-based alloys that can be manufactured using conventional processes. The two-year contract was issued by the U.S. Army and is valued at $749,892.
Applications for improved molybdenum-based alloys can include components of next-generation rockets and aerospace or land-based turbines, as well as parts of x-ray rotary anodes, high-intensity discharge lamps, and forging dies. Superior molybdenum-based alloys are expected to increase equipment energy efficiencies and/or durability by tolerating significantly higher operating temperatures than existing nickel-based superalloys (due in part to molybdenum’s much higher melting point).
Charlie Kuehmann, President and CEO of QuesTek, commented: “We thank DARPA for this SBIR Phase II award, and the opportunity to design and develop new, transformative molybdenum-based alloys as well as tools to accelerate the practical application of integrated computational materials engineering (ICME). We’ll rapidly apply these novel design tools and models by leveraging our expertise in D3D digital structure modeling and Accelerated Insertion of Materials (AIM), both of which were developed under prior funding from DARPA and others.”
ABOUT QUESTEK
QuesTek Innovations LLC (www.questek.com) is a global leader in computational materials design, serving commercial and governmental clients. QuesTek uses its proprietary Materials by Design® technology and expertise to rapidly develop new materials that reduce capital, processing, operating or maintenance costs, or improve environmental protection or competitive supply. QuesTek has more than 30 patents awarded or pending worldwide for new, computationally-designed materials. For more information, contact Rich Kooy at 1-847-425-8213 or rkooy@questek.com.
__________________________
VShot Event Schedule For The Week Of January 23rd – 27th

VShot Event Schedule For The Week Of January 23rd – 27th
ronaldmay@aol.com
x

Funding Feeding Frenzy bob@fundingfeedingfrenzy.com via icontact.com
3:03 PM (19 hours ago)
to ronaldmay
Images are not displayed. Display images below – Always display images from bob@fundingfeedingfrenzy.com
This Week At VentureSHOTTM
744 N. Wells Street, Chicago, IL 60654

Located on Wells St. / River North neighborhood.
Only 1 Block from the Chicago Brown Line Stop.

Ron,

We have some exciting new events at VentureSHOTTM. If you have time to come join at our informational events, we would love to see you there!

Here is what is happening this week. (January 23rd – 27th)

Thursday, January 26, 2012 (11:30am to 1pm. 11:30am Networking – Noon program start)
Enhance Your Revenue Generation – Brown Bag Luncheon ($20 Early-Bird, $25 Regular, $30 at Door)
Location: VentureSHOT – 744 N. Wells St., Chicago, IL – REGISTER HERE

Events Next Week At VentureSHOTTM

Monday, January 30, 2012 (5pm to 8pm)
Real Estate Investor Event ($20 Early-Bird, $25 Regular, $30 at Door)
Location: VentureSHOT – 744 N. Wells St., Chicago, IL – REGISTER HERE
We look forward to seeing you there!!

Chicago’s High Energy Entrepreneur Center

744 N. Wells Street, Chicago, IL 60654

Located on Wells St. / River North neighborhood.
Only 1 Block from the Chicago Brown Line Stop.

What are some of the great things that happen at VentureSHOTTM?
· VentureSHOTTM Super-Ultra Collaborative Entrepreneurial Group meetings
· “Meet the Money” Angel Investor and Venture Capital “Meet & Greet” sessions
· Coaching for Funding Presentations and other important strategic presentations
· Participation in many valuable Mastermind Sessions including:

- Founder / CEO “Top Challenges”
- Funding Challenges and Solutions
- Revenue Growth Strategies
- Strategic Marketing and Brand Development
- Developing a Powerful Company Culture
· Access to “Flex-Space” or Private Offices in a fun, highly collaborative and entrepreneur friendly working environment
Come experience the awesome collaboration opportunities at Chicago’s newest Entrepreneur Center & Incubator!

Sincerely,

The Funding Feeding Frenzy Team

www.FundingFeedingFrenzy.com

For more information about The Funding Feeding Frenzy, please be sure to contact:

Bob Bock,
708.646.9047
Bob@FundingFeedingFrenzy.com
______________________________
Phil Tadros: Defends his closing Noble Tree

from: philcoextra phil@doejo.com
to: ronaldmay <RONALDMAY@aol.com>
date: Tue, Jan 24, 2012 at 2:23 PM
subject: Any questions?
signed-by: gmail.com
: Important mainly because of the words in the message.

Any questions?
ronaldmay@aol.com
x

philcoextra phil@doejo.com
2:23 PM (19 hours ago)
to ronaldmay
I tried getting out of coffee and focus on doejo so i sold and closed things then got sucked back in to do things over and right, noble had major building issues and it was really fucked so walking made the most sense or i would be forced to make major building improvments because i had the entire building leased. Anyway, Columbia is doing well and so is Next Door, what’s your Question?
Oh haystack did well and we ran it until we ran out of stuff in storage the main reason we opened was we had stuff from these twins.
You are a silly man Ron.
How is your computer you called doejo about fixing the other day?
+++++++++++++++++++++++++++++++
Subject: Re: Any questions?
Date: 1/24/2012
From: RONALDMAY@aol.com
To: phil@doejo.com
CC: ronaldmay

January 24, 2012

Phil,

You’re sounding like a guy playing Monopoly. I’ll trade you St. James Place for
Marven Gardens and some cash so I can have the yellows and you can have the oranges.

I can understand not wanting to pour good money after bad into Noble Tree if it requires capital improvements, but you also jettisoned Dollop and Kickstand according to the article in Shutter. Why was that?

And then you’re going into a roasting biz right down the street from Intelligentsia, Next Door, Argo Tea, and Caribou Coffee with a guy whose expertise is exactly what? Have you checked out Seth Kravitz’s track record in Ohio?

It just seems to me that you should stick with what’s working and making money, get rid of the dogs with fleas, and remember that every time you open a new place, it’s a lot of extra work and worries in the beginning.

Besides, you have a good thing going with Doejo, so focus on that.

And it just occurred to me that the perfect place for the Ron May Roast would be your new “roasting” shop.

In fact, you could market it that way.

Now, tell Darren Marshall that I’ve never been rude to him (unlike how I’ve been to you) and there was no call for the complete brush off he gave me yesterday. They could have tried troubleshooting on the phone.

The problem turned out to be dead batteries for the wireless mouse and my brother had to install an upgraded version of AOL which I could not open. We got everything up and running by 1:30am and I obviously didn’t get much sleep since I had to leave by 6am for dialysis — and as usual, I was late.

Fixing things through Go To My PC (is that the program?) works out very well.

Let’s have lunch.

Ron.

Where’s Katie?

And I’d like to see the built out office just down the street from where I live,

Whatever happened to the roast?
__________________________
Terry Howerton’s blog and his rationale for stepping down

www.terryhowerton.com/
Add new
January 24th, 2012
Abc

Posted in TechNexus

A transition for me and the ITA
January 22nd, 2012
A few months ago I asked the Board of the Illinois Technology Association to begin a search for new leadership, and I am thrilled that they have completed that task. Effective immediately, I’m stepping down as Chairman of the ITA, and my day to day volunteer efforts there.
I’ve been an entrepreneur since I was 15 years old, which is to say most of my professional and personal life has been fused. I’ve never known normal working hours, never left my work at the office, and have generally always been on the clock. Occasionally, my work allows me flexibility that benefits my family. Too often, my work has spread me thin, at the expense of my family.
I was raised to value public service, and my time with the ITA has been a good outlet for servant leadership. Sometimes, my for-profit businesses have suffered from my volunteer efforts, but I have few regrets.
My sister died too young, leaving behind two beautiful girls for my Mom to protect and raise. Now, in the wake of my Mom’s unexpected death (also too young at 60), I’m making more life changes, partially to spend time with family, and partially because life is too short to stand still. I’m more interested in creating, and less interested in coasting along with what I’ve already built.
I pulled a broad group of people together in 2006 to create the ITA, and a few months later recruited my partner Fred Hoch to join and help me lead the organization. Our goal was to build a more connected, collaborative tech community in the region. Today, nearly 700 member companies get real value out of this organization, and collectively the organization is able to do very good work in the community. I’m particularly proud of the various initiatives that take a long-term view of how talent will develop and flow into Chicago over the next decade.
I’m leaving the organization in the best financial health it has been, though I am also proud that we started the ITA with almost no capital, and managed through nearly seven years of very strong growth (in some very challenging times). There are a bevy of leaders at the table, some of whom can easily step up to fill the gap, but in truth the ITA long ago grew beyond the little startup with a couple of guys guiding it.
Just like most startups, there comes a time when the founders step aside to make room for other people to take things to the next level, and I’ve overstayed my time with ITA. I’m glad Jim Gagnard has stepped up to take the mantle… He has a great history taking over for founders and leading companies into the growth stage, and is well suited for the job.
I’ll remain involved and supportive of ITA as Chairman Emeritus, but my primary community service around Chicago will be focused on the Chicago Tech Academy and seeing that through to success. I cofounded that school in part as an example to encourage others in our community to take on servant leadership, and find ways to help other people. I’m of better use to that effort today, than I am of need at the ITA.
There are interesting new venture ideas percolating, and I’ll continue to support TechNexus and the venture collaboration that has happened there. With more than 100 successful startups grown within those walls, there is much that can be done there.
So, while my family steps up to take the highest priority in my life, and my time leading ITA comes to an end, I’m not moving on, just moving forward. Stay tuned.
Posted in Illinois Technology Association

Let’s get to work…
January 20th, 2012
“In three words I can sum up everything I’ve learned about life — It goes on” — Robert Frost
My family is the most important thing in my life. No business, association, school, incubator or other endeavor in which I’m involved comes close. We’ve now lost two cornerstones of our family at an all too young age, but life does go on. It especially goes on for two young girls whose futures remain bright despite the sadness in their past.
I took off most of the past two months from work and community projects to support my family.
But I’m returning next week, with a new agenda and a renewed commitment to pursuits that matter most. Life is — clearly — too short to be timid, too short to avoid risk, too short to lack boldness, and too damn short to care what critics may say.
Ready….
Posted in Entrepreneurship , Family

Sadness
November 27th, 2011
It took seven short weeks from diagnosis for cancer to capture my Mom’s life, nearly every day of which I was able to spend with her. The last faces she looked upon belonged to two young girls she adored, and the last thing she heard was all our love surrounding her. She joins my young sister, now, in the tight embraces of our family, right where our hearts meet.
Posted in Family

A great standard of care
November 11th, 2011
MD Anderson Cancer Center has lived up to its reputation as the world leading cancer research and treatment centers. After nearly a month at the facility, I’m still amazed each day by the professionalism, organization, skill and compassion shown by nearly every team member at this place.

Posted in Family , Misc
_________________________________
END OF REPORT.