
Archive for May, 2024
Great speech from a POW Viet Nam Hero-Hal Kushner, MD – “Dying is Easy. Living is the Difficult Thing”. (Ira thanks for sending and worth everyone to spend time looking at)
Posted in Uncategorized on May 20, 2024| Leave a Comment »
To all:
Hal Kushner and my good friend Ira Sharlip were U.S. Army Flight Surgeons at the same time in Viet Nam starting in late 1968. Ira mentioned him to me recently. Here is the link to the speech that Hal gave some years ago at an ophthalmology meeting in Philadelphia.
The first 22 minutes and 50 seconds are about ophthalmology. I think it is quite interesting but if you want to watch onlyhis POW experience start watching at 22 minutes 50 seconds. It’s about 36 minutes long. Hal was the only M.D. whowas a POW in the war in Vietnam.
I found his speech riveting and his patriotism is inspiring and powerful and on this upcoming Memorial Day
Hal Kushner, MD – Dying is Easy. Living is the Difficult Thing.
May 2024 – Successful Termination of a Life Science company Prohibitive Real Estate Lease and Restructuring of Creditor Issues
Posted in Uncategorized on May 13, 2024| Leave a Comment »

Good afternoon
Steven R. Gerbsman, Principal of Gerbsman Partners, is pleased to announce the successful termination of a life science prohibitive real estate lease and the restructuring of accounts payable and intellectual property creditor issues.
The life science company needed to accomplish the above in order to obtain the necessary “bridge financing” to provide runway for a round of “expansion capital funding”.
Gerbsman Partners assisted by:
- creating a strategic plan to accomplish the successful termination of the prohibitive real estate lease
- negotiating with the real estate lessor and finalizing the termination of the lease
- negotiating with numerous accounts payable and creditor issues to restructure the balance sheet
Gerbsman Partners is the “innovator” in creating strategies to terminate or restructure prohibitive real estate leases and senior and sub-debt obligations, as well as creditor issues. To date, we have terminated or restructured over $810 million of such obligations for private and public companies, which has allowed the potential of returning the company to financial viability.
About Gerbsman Partners
Gerbsman Partners focuses on maximizing enterprise value for stakeholders and shareholders in underperforming, undercapitalized and undervalued companies and their intellectual properties. Since 2001, Gerbsman Partners has successfully maximized the values of 120 companies in a wide and diverse spectrum of industries. In the process, GP has successfully restructured/terminated over $810 million of real estate executor contracts, creditor issues and equipment lease/sub-debt obligations, and has assisted in over $2.3 billion of financings, restructurings and M&A transactions.
Gerbsman Partners has offices and strategic alliances in Boston, New York, Washington DC, McLean VA, San Francisco, Orange County, Europe and Israel.
If appropriate, I am available to strategize and develop action plans for maximizing and monetizing value.
Best regards
Steve
Happy Mothers Day to ALL
Posted in Uncategorized on May 12, 2024| Leave a Comment »

Happy Mothers Day to All Mothers
I woke up this morning and by the front door were beautiful roses and a box of chocolate (below) from our son, daughter in law and grandson. I placed them on the dining room table so when my wife got up she would wake up to a “Happy Mothers Day”.
To me, the roses and flowers represent “the internal beauty” that Mothers have and the “support of life” that they give to their children.
The chocolates represent the “sweetness of life” that Mothers nuture, guide and provide wisdom for their children.
Fathers are important, but Mothers are the key to the development of goodness, happiness and ethics of life. That’s why we live on “Mother Earth”.
The attached card was signed by them, but the most endearing line was that is was from “the KIDS”.
Wishing all a happy, healthy and safe day and to my lovely and dear wife, thank you for being a great MOTHER.
With respect and love from “The GERBS”
