Jim Tarte, CPA

**** **** ****** ** ? Seattle, WA 98105 ? 206-***-**** ?

abmejx@r.postjobfree.com

Financial Executive

Leadership / Banking & Investor Relations / Financial Modeling /

Financial Budgeting, Analysis & Reporting

Notable Accomplishments

Leadership

. Successfully led finance department during a two year fourfold

growth in revenues ($20 million to $80 million) while reducing

personnel costs by 40% ($200,000 per year) and increasing the

financial reporting.

. Led a team that evaluated, selected and implemented an

accounting and EDI software package that allowed seamless

transmission between platforms. Sales order process time was

reduced resulting in cost savings while accuracy was increased.

. Part of the executive team that managed a simultaneous proactive

defamation lawsuit against a competitor and a large governmental

audit by recommending various options at the different stages of

the process.

Banking & Investor Relations

. Part of the executive team that successfully raised $5,200,000

in preferred stock in 2007 using a Private Placement Memorandum

and $1,100,000 in preferred stock in 2009 using a Slide Deck.

. Negotiated with lending institution for a $1,000,000 line of

credit and $700,000 bank note with less restrictive covenants.

. Provided CEO with necessary forecasts, financial data and

summary of preferred shareholder agreement to make presentation

to buy out preferred shareholder for $350,000, allowing

additional investment from common shareholders at a favorable

valuation.

. Communicated quarterly with investors regarding sales pipeline,

revenue, expenses, cash flow and overall status of the company.

Financial Modeling

. Presented to CEO and Board of Directors various scenarios of

company valuations to determine appropriate preferred share

price considering current market place, shareholder return on

investment and financial state of the company.

. Presented to CEO and President an analysis that applied the

company's financial model against various growth streams and

capital investment strategies.

. Advised executive management team and board of directors on debt

financing versus private placement as a source of financing the

company's expansion using current financial model. Company

opted for debt / lease financing for $1,500,000.

Financial Analysis & Reporting

. Collaborated with insurance broker and underwriter by providing

necessary information to look back 36 months as opposed to 12

months to calculate loss ratio and premiums reserves, which

ultimately generated $42,000 in annual cost savings.

. Implemented process to collect international sales tax and

negotiated with Revenue Canada a 70% reduction in taxes,

interest and penalties. One time cost savings of $130,000.

Professional Experience

Prepared Response, Inc.

12/2006 - 10/2009

Chief Financial officer

Prepared Response is a nine year old company specializing in crisis

management and emergency preparedness software and solutions.

Reporting to, and being the 'right hand' of the Chief Executive

Officer, was a member of the executive management team responsible for

planning short and long-term financial and operational goals and

budgets. Ensured a comprehensive understanding of financial issues and

implications of proposed goals and the results of business decisions.

Presented at quarterly Board of Director meetings the financial

results, budgets, cash forecasts and status of capital raises.

Maintained working relationships with shareholders, investment

bankers, corporate counsel and regional CPA firm.

> Part of executive team that led the company through a 62%

increase in revenue. Listed as PSBJ 100 fastest growing

companies.

> Collaborated with CEO and Senior VP of Sales in an asset

acquisition of a book of business from the fourth largest

insurance brokerage firm in the US. Worked with COO in the

transition of the acquisition into our operations.

> Developed cash forecasting model to determine net cash burn rate

to predict timing for capital financing. Took proactive steps

to manage cash, receivables and payables to maintain loan

covenants.

Jim Tarte, CPA Page 2 of 2

206-***-****

Scout Media, Inc.

11/2004 - 12/2006

Director of Finance

Scout Media provides college sports content through the internet and

monthly print magazines to paying subscribers. Led the finance

department to prepare corporate records for the companies first

audited financial statements. Established accounting policies,

procedures and systems to shorten monthly closing from months to five

days. Established managerial reporting system to provide relevant,

timely and accurate financial information to executive management.

Created the company's first annual budget and related variance

analysis. Provided documentation for the integration of financial

records into the public traded parent company (NWS).

Part of the executive team that position the company for a

successful sale to Fox Interactive Media (a subsidiary of News

Corp) for $56 million in 2005, which included three months of

due diligence.

Collaborated with corporate counsel and investment bankers to

facilitate shareholders and employees in the exercise and

redeeming of their warrants and stock options upon sale of the

company.

Assisted executive management in the acquisition / merger of

competitors and publishers and provided support to in-house

counsel in the review of over 200 publisher contracts.

X10 Wireless Technology, Inc.

04/2000 - 11/2004

Controller

Oversaw the finance department of a retail e-commerce company with

annual revenues of $80 million and 150 employees up from $20 million

and 50 employees in two years. Reported to the CFO and President.

Manage finance and human resource staff of ten people that generate

financial statements for four separate companies. Established

accounting policies, procedures and systems that shorten monthly

closing from three months to two weeks. Facilitate external audits and

tax returns with national CPA firm.

Within two years assumed controller responsibilities of two

additional wholesale companies, one based in Canada. During the

third year was assigned controller responsibilities of a newly

created e-commerce subsidiary in the United Kingdom.

Assisted the CFO with the corporations IPO and the filing of

registration statement S-1, including the creation of systems

for internal and external SEC reporting.

> Collaborated with Chief Technical Officer and IT department to

design an Oracle database, which produced financial data to be

imported into general ledger.

Taco Del Mar

09/1997 - 04/ 2000

Controller

Supervised five accounting personnel that generated a four corporation

monthly-consolidated financial statement. Reported to the Chief

Executive Officer and President.

> Created processes for analysis and reporting of food and labor

cost on a unit-by-unit basis.

> Presented to executive management and board of directors a plan

for closure of non-profitable divisions eliminating $50,000 in

monthly cash burn.

> Implemented and managed, with the assistance of corporate

counsel, corporate stock option plan for key executives.

Public Accounting- Audit and tax supervisor

Moss Adams LLP

1996 - 1997

Kueckelhan Crutcher & Company

1991 - 1996

Crow & Associates, CPA's

1990 - 1991

Professional Certification

Certified Public Accountant since 1993

Member of Washington Society of CPA's

Education

Post graduate courses in taxation, Golden Gate University

Bachelor of Arts in Business Administration, majoring in accounting,

Seattle University

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