Partners for Success with Victory Energy Company, Austin, Texas.
Victory Energy Corporation initially engaged Miranda & Associates to manage its financial reporting and internal controls. The board of directors expanded the scope of Miranda & Associates’ services to include turnaround, operational, and financial management services.
Over the course of two years, Miranda & Associates managed Victory Energy Corporation through a turnaround process that included securing control of corporate assets, prosecuting litigation against former management and other parties, preparing a private placement memorandum to raise private equity, and managing the accounting and finance organization to achieve full compliance with the Securities and Exchange Commission (“SEC”).
During 2011, Miranda & Associates completed the accounting and financial reporting of four years of SEC filings. The firm also managed the external audit process and restored Victory Energy’s status with the SEC as a fully reporting company. The new board and management team have raised new capital, invested in new oil & gas projects and implemented strategies to improve shareholder value.
Robert J. Miranda of Miranda & Associates serves as Chairman of the Board and Audit Committee of Victory Energy Corporation.
Partners for Success with Balqon Corporation, Los Angeles, California.
Balqon Corporation, a developer and manufacturer of zero emission electric trucks and drive systems, engaged Miranda & Associates over four years ago while Balqon was a private company.
Miranda & Associates has assisted Balqon through the complex process of going public, complying with SEC reporting requirements, raising capital through private placements, and ongoing CFO advisory services.
Robert J. Miranda of Miranda & Associates serves as CFO of Balqon Corporation. The company has continued to expand in the United States and internationally and is becoming a recognized leader in the zero emission electric vehicle industry.
