Manager Customer Service

L. Melvin Cooper, CPA

832-***-**** mob

abm616@r.postjobfree.com

Forbes Energy Services Ltd

Corpus Christi, Texas

Senior Vice President, Chief Financial Officer, and Secretary - June 2007

to present

$350 million independent oilfield services contractor that provides well

service, workovers, and fluid hauling in the Southern United States and

Mexico. Direct report to CEO & COB. Responsible for $175 million IPO,

$205 million bond offering, treasury, and securities compliance.

Accomplishments -

. Hired local staff January 2008 and began their training and

development while simultaneously successfully moving accounting in-

house from local bookkeeping service.

. Completed three year audit of private company books with big four CPA

firm.

. Reorganized three companies under a Delaware holding company January

2008 in preparation for bond offering.

. Completed $205 million public bond issuance in February 2008.

. Reorganized company into Bermuda holding company in order to obtain

additional $50 million in value for shareholders in the subsequent

initial public offering.

. Closed $20 million revolver in April 2008.

. Completed $170 million initial public offering of the company's common

stock in May 2008.

. Converted parent and four subsidiaries to new information system in

2008/2009.

. Established internal controls in US for Sarbanes Oxley compliance.

. Structured Mexico operation in 2009/2010 to minimize tax impact

utilizing:

o Inter-country equipment rentals using transfer pricing model to

minimize foreign profits.

o Established Mexico payroll services company to minimize payroll

bonus costs.

o Implemented cash flow planning to minimize Mexico flat tax

(income tax).

. Refinanced $20 million revolver with major investment bank September

2009.

. Completed $17 million additional public equity offering in December

2009.

Cude Oilfield Contractors, Inc. Houston,

Texas

Chief Financial Officer - 2007

$50 million multi-location oilfield services construction and site

preparation company. Direct report to CEO & COB.

Accomplishments -

. Developed plan to complete initial public offering of the company's

common stock.

. Identified pre-IPO merger candidate (Forbes Energy above) in order to

facilitate IPO process through achieving critical mass for maximum

shareholder return.

. Sourced and selected underwriter, stock transfer agent, SEC attorneys,

investor relations firm, auditor, and other professionals required to

complete the IPO.

. Flow charted systems and controls in preparation for Sarbanes Oxley

compliance.

. Analyzed potential acquisitions.

. Established field ticket system to capture payroll electronically by

job.

My pre-hire goal, established by management, was to "take the company

public". Management chose to remain private. I accepted a position with

our potential business partner above.

SpectraSource Corporation Houston,

Texas

President and Chief Operating Officer - 2004 to 2006

$15 million multi-location installer and distributor of ceiling fans,

lighting, hardware, and plumbing; low voltage wiring and home alarm

systems. Family owned business. Direct report to COB and owner.

Supervised staff of sixty including sales, purchasing, field services,

customer installations, and accounting. Objective was to grow revenues to

$100 million.

Accomplishments -

. Identified opportunities for growth through interfacing with all major

customers and identifying their needs.

. Reduced growth plan to writing and shared vision with all personnel.

. Established performance metrics and reviewed with all department

managers weekly.

. Opened retail custom hardware store.

Family factors blocked accomplishment of growth objective. I left to

pursue better business growth opportunity.

Nationwide Graphics, Inc. Houston,

Texas

Senior Vice President and Chief Financial Officer / President of Subsidiary

- 1999 to 2004

Senior Vice President and Chief Financial Office of Nationwide Graphics,

Inc. - 1999 to 2000

$200 million national printing and supply chain management company. Start

up. I was the third employee hired. Direct report to CEO & COB. Hired

and supervised Controller, Internal Audit Manager, Information Systems

Manager, and Financial Acquisitions Staff. Supervised due diligence of

potential acquisitions.

Accomplishments -

. Analyzed over thirty potential acquisitions.

. Acquired seven companies.

. Hired division controllers.

. Established line of credit.

. Successfully integrated decentralized accounting from acquired

companies.

. Due to superior performance, GE Capital assigned Nationwide the

management of ten additional companies where it had investments with

"lesser" management teams.

President of Nationwide Graphics' "flag ship" subsidiary in Austin, Texas -

2000 to 2004

$60 million supply chain management division of Nationwide Graphics, Inc.

The company procures, packages, warehouses, and distributes print and

electronic products nationwide to fortune 500 clients on a just-in-time

basis. Served as interim President after departure of former President.

Promoted to President by CEO and COB of Nationwide Graphics after an

extensive national search for a President. Direct report to CEO & COB.

Hired and supervised Director of Operations, Controller, Print Manager

South Austin, Distribution Manager Nashville, Sales Manager, ISO Manager,

and Customer Service Manager. Approximately two hundred employees. Focus

was to grow profits, which was accomplished by identifying and sharing the

company vision quarterly with all personnel resulting in increased

motivation, superior performance, and above average retention.

Accomplishments -

. Within twelve months I reduced employee count by 40% while

simultaneously increasing revenues by 10% and profits by 100% ($6

million annual earnings increase). Overtime was simultaneously

reduced due to implemented operating efficiencies.

. Completed ISO certification in six months. Integrated ISO into the

company as a real-time, ongoing, business process improvement model,

not just a certification.

. Implemented enterprise wide material resource planning system

resulting in obsolete inventory reduction of 1.2% (annual savings of

$700,000).

. Expanded into disk replication generating 50% gross margins within the

division.

. Hired programming staff and created proprietary software program to

seamlessly receive customer requests for material distribution and

fulfillment. Rolled out software to all seventeen division locations

for parent company.

. Established incentive compensation program for selected operations

personnel that rewarded increased productivity.

. Increased inventory accuracy from 94.5% to 99.994%. Used warehouse

operation as a selling tool for customers due to its level of accuracy

and automation.

Left to accept position with greater performance compensation potential.

Brittain Communications International Corp.

Houston, Texas

Consultant acting as Chief Financial Officer - 1997 to 1999

ImmuDyne, Inc. Houston,

Texas

Vice President and Chief Financial Officer / President - 1996 to 1997

AquaNatural Company Houston,

Texas

Vice President and Chief Financial Officer / Director and General Manager -

1993 to 1995

Southern Holdings, Inc. New

Orleans, Louisiana

Treasurer and Chief Financial Officer - 1989 to 1993

The Resource Group New Orleans,

Louisiana

Vice President and Chief Financial Officer - 1987 to 1989

Education

06/1977 Certified Public Accountant

05/1975 BBA Accounting - Texas A&M (formerly Texas A&I), Kingsville,

Texas

Contact this candidate