SCOTT A. BAYLEY

Mr. Bayley, a Managing Director, is the founder of Accumyn and serves as its President. He has served public and private businesses, governmental entities, and law firms with auditing, accounting, financial, and economic consulting services for over thirty years. A primary focus of his practice is analysis of financial damages and economic claims, valuation analysis, fraud and forensic accounting examinations, preparation of expert reports and expert testimony regarding accounting disputes, claims of financial and economic loss, and valuation opinions. His…

DAN WATSON

Dr. Watson is an expert on econometric and statistical analytics, valuation analysis, economic and financial damage claim computations, and risk management. He teaches Security and Asset Valuation at Rice University.   He also serves as faculty advisor to student teams working as consultants to businesses as part of the school’s Advanced Learning Project.  Dan is a Certified Valuation Analyst. Dan has recently advised a large industrial firm on the probability that non-tradeable executive stock options would “in the money” at…

TRANSACTION ADVISORY SERVICES

TRANSACTION ADVISORY SERVICES Backed by solid technical discovery procedures and a business and operations perspective, we provide objective and discerning buy and sell-side due diligence to our clients. Our credentialed specialists in taxation, GAAP analysis, financial reporting, valuation, corporate finance, credit analysis, and lending, come with extensive executive management, transaction advisory, and operations experience. We routinely develop practices and procedures that assist management with the financial operations challenges commonly experienced just before and after a financial or corporate transaction. Our…

GUSTAVO GRULLON

Dr. Grullon is an associate professor of finance at Rice University and an expert in several areas of corporate finance, including corporate investment, corporate financing, payout policy, business valuation, real options valuation, and mergers and acquisitions. He has provided consulting services to several Fortune 500 companies. Dr. Grullon has done extensive research on how firms determine their payout policy and capital structure and how these decisions affect the value of the firm. Gustavo’s research has provided explanations to several interesting…

ERNIE KILLINGSWORTH

Mr. Killingsworth is an affiliate Director of Accumyn Consulting specialized in the Aviation Industry. Ernie has completed hundreds of aircraft appraisals and prepared many valuation reports on propeller aircraft, jet aircraft, helicopters and aviation related support equipment for several of the world’s largest finance and leasing companies. Ernie has experience in the aerospace industry as a military and commercial airline pilot, an operations engineer, an executive in marketing, sales, and financial services. While at Gulfstream Aerospace, Mr. Killingsworth worked directly…

ALLEN PARKS

Mr. Parks is Managing Director of Oil Field Services at OFSCap. He also serves as an advisor to StormHarbour Securities in all energy related restructuring transactions. Prior to that he was Managing Director at Global Hunter Securities. Previously, Allen founded Parks Paton Hoepfl & Brown (PPHB) in 2003 to provide financial advisory expertise to the oilfield services sector. Before founding PPHB, he led the oil field services investment banking efforts at CIBC World Markets and Dain Rauscher Wessels (now RBC).…

JONATHAN PARRY

Mr. Parry has twenty years’ experience working with IOC’s, NOC’s and Independents. As a Principal Engineer he has participated in major capital projects in North and South America, Europe, Asia, and the Middle East. At ConocoPhillips he provided oversight to Latin America, Africa, Middle East, Caspian and Russian well operations, and contributed to their new ventures and farm-in activities. In Functional Excellence Mr. Parry is familiar with defining appropriate standards and processes to manage corporate risk and enhance value. He…

Fundraising for new Platform Technology Converting Natural Gas into Liquid Fuels

Led fundraising to finance research and development activities for an early stage investment to develop and exploit a new platform technology of converting natural gas into liquid fuels and higher alcohol's in a highly efficient patented process. Served as Chairman and President and on the Board of Directors. Identified and attracted strategic partner, negotiated and closed a Short Term Research (STR) agreement with Shell Ventures, achieving targeted objectives and moving into subsequent STR agreements with Shell while negotiating similar arrangements…

Corporate Payout Policy and Product Market Competition

This paper investigates whether product market competition affects managers' decision to distribute cash to shareholders. Using a large sample of manufacturing firms, we find that firms in less competitive industries have significantly lower payout ratios than firms in more competitive markets. Further, we find that this negative relation between industry concentration levels and corporate payouts is much stronger among those firms whose overall characteristics make them (a) more likely to have high agency costs of free cash flows and (b)…

Assisted a Houston-based Automation System Provider from Progression to Revenue Generation

Accumyn assisted a Houston based home automation system provider that specializes in delivering an out‐of‐the‐box solution to home builders, integrators and homeowners, offering control and customization through easy to use controls. Although the system developed revolutionary software to make home automation possible, it still required the leadership of a financial professional to transition it to its next phase ‐‐ revenue generation. Based on the strength of prior services provided, Accumyn was asked to assist the company through our Strategic Outsourced CFO services under…

JERRY TURNER

Mr. Turner is the founder and President of T-4 Investment Solutions LLC (T4IS). His clients include financial institutions, domestic and international governmental entities, law firms, and public and private businesses. Jerry provides a broad array of services, including quantification of damages, transaction assistance, mediation assistance, financial analysis, preparation of expert reports and expert testimony regarding real estate and financial disputes, operations review and analysis, contract examination and valuation analysis. Mr. Turner’s dispute experience includes assisting in matters such as tenant/landlord…