etc capital
<font size="4" face="Times New Roman">=</font><div><p style="margin-top: 8px; margin-bottom: 8px;"><font face="Times New Roman" size="4"><span style="background-color: rgb(255, 255, 255);"> Consider that to be 'gray money,' rather than dark money. As an example of this phenomenon, consider contributions that were reported by a limited liability corporation established by Manoj </span><b><span style="background-color: rgb(255, 255, 255);">Bhargava of Farmington Hills, the founder of Living Essentials, the maker of</span><span style="background-color: rgb(255, 255, 102);"> 5-hour ENERGY</span></b><span style="background-color: rgb(255, 255, 102);">. In 2013-2014, ETC Capital, an investment vehicle founded by Bhargava, was the top Michigan donor to both the Republican Governors Association (RGA), at $2.8 million, and the <b>Republican Attorneys General Association (RAGA), at $180,000. </b></span></font></p><p style="margin-top: 8px; margin-bottom: 8px; background-color: rgb(255, 255, 255);"><font face="Times New Roman" size="4">
</font></p><p style="margin-top: 8px; margin-bottom: 8px; background-color: rgb(255, 255, 255);"><font face="Times New Roman" size="4">Top Michigan Donors to Republican Governors Association, 2013-2014 Top Michigan Donors to Republican Attorneys General Association, 2013-2014 </font></p><p style="margin-top: 8px; margin-bottom: 8px; background-color: rgb(255, 255, 255);"><font face="Times New Roman" size="4">
</font></p><p style="margin-top: 8px; margin-bottom: 8px; background-color: rgb(255, 255, 255);"><font face="Times New Roman" size="4">In a profile of Bhargava and his corporations' political spending, the Center for Public Integrity reported notable contributions to the RGA and RAGA and subsequent spending by those organizations. In 2013 ETC Capital gave the RGA $275,000.Eight weeks later the RGA gave the Michigan Republican Party $276,000. In 2014 <b>ETC Capital gave the RGA $2.5 million and the same day the RGA placed a $3.2 million ad buy supporting Rick Snyder. </b></font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font face="Times New Roman" size="4"><span style="background-color: rgb(255, 255, 255);">Overall, the RGA spent $10 million in 2014 for ads touting Snyder, or criticizing his opponent.</span><span style="background-color: rgb(255, 255, 102);"> Subsequent to ETC Capital's contributions to RAGA, RAGA gave $72,000 to Decider PAC, a Michigan state PAC which, in turn, gave $68,000 - the maximum legal PAC contribution - to <b>Attorney General Bill Schuette's</b> campaign account.</span><span style="background-color: rgb(255, 255, 255);"> The $72,000 contribution Decider PAC received from RAGA was its only income in the 2014 election cycle, yet Decider PAC reported to the Bureau of Elections that the contribution was from the Republican State Leadership Committee. RAGA also gave $70,000 to Maize and Blue PAC, which changed its name to Red and Blue PAC a week later, then gave $67,000 to Schuette's campaign account over the next eight weeks<b>. ETC Capital also gave $125,000 to the Republican State Leadership Committee in October 2013. The RSLC gave $34,000 to Schuette's campaign committee the same day.</b></span></font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font face="Times New Roman" size="4"><span style="background-color: rgb(255, 255, 255);">
</span></font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font face="Times New Roman" size="4"><span style="background-color: rgb(255, 255, 255);"> The month after the successful reelection of Gov. Rick Snyder and Attorney General Bill Schuette, the governor granted a pardon to Alan Gocha, Jr. for a 2007 conviction for driving while impaired, thereby wiping Gocha's record clean of the offense. Gocha had been general counsel for Innovation Ventures, the parent company of Manoj Bhargava's Living Essentials</span></font></p></div><div><font face="Times New Roman" size="4">
</font><div><font face="Times New Roman" size="4">$ to raga 2
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</font></div><div><font face="Times New Roman" size="4">http://www.etccapital.com/</font></div><div><font face="Times New Roman" size="4">
</font></div><div><p style="margin: 0px 0px 1.2em; padding: 0px; border: 0px; outline: 0px; font-size: 16px; vertical-align: baseline; font-stretch: normal; line-height: 24px; font-family: " pt="PT" serif="Serif" arial="arial" sans-serif="sans-serif" color="color" rgb="rgb" background="background">Founded on the basis of opportunistic investing, ETC Capital, LLC (ETC) is<b> a private investment firm that partners with management teams in middle market buyouts and recapitalizations.</b></p><p style="margin: 0px 0px 1.2em; padding: 0px; border: 0px; outline: 0px; font-size: 16px; vertical-align: baseline; font-stretch: normal; line-height: 24px; font-family: " pt="PT" serif="Serif" arial="arial" sans-serif="sans-serif" color="color" rgb="rgb" background="background">At our core, we are equity investors looking to grow and diversify our list of portfolio companies. We are also willing to explore a spectrum of investment options that include short-term special situations or long term acquisitions. They may be project based, equipment based, acquisition oriented or other. Our multi-disciplinary team enables us to evaluate investments that do not necessarily meet the requirements of traditional banking, venture capital or private equity. Although we are interested in a wide range of opportunities, ETC generally does not fund normal start-ups or traditional working capital requests.</p><p style="margin: 0px 0px 1.2em; padding: 0px; border: 0px; outline: 0px; font-size: 16px; vertical-align: baseline; font-stretch: normal; line-height: 24px; font-family: " pt="PT" serif="Serif" arial="arial" sans-serif="sans-serif" color="color" rgb="rgb" background="background">Our thorough investment methodology, extensive due diligence focus and integrated team approach bring significant operational leverage to our portfolio companies. We have an in-house legal team and a group of professionals that think and act quickly.</p></div><div><font face="Times New Roman" size="4">
</font></div><div><p style="margin: 0px 0px 1.2em; padding: 0px; border: 0px; outline: 0px; font-size: 16px; vertical-align: baseline; font-stretch: normal; line-height: 24px; font-family: " pt="PT" serif="Serif" arial="arial" sans-serif="sans-serif" color="color" rgb="rgb" background="background">ETC Capital’s team of professionals provides a multi-disciplinary approach to each transaction. Supported by its in-house legal team, analysts and staff industry experts, the leadership team brings decades of experience in mergers and acquisition. Our collaborative approach allows us to rapidly access opportunities and act quickly. With the concept of<em style="margin: 0px; padding: 0px; border: 0px; outline: 0px; vertical-align: baseline; background: transparent;">etcetera</em> in mind, we are always looking to leverage inefficiencies in the marketplace and add value to companies where others fall short due to investor restrictions or requirements.</p><table id="teamTBL" border="0" width="600" cellspacing="0" cellpadding="5" style="margin: 0px; padding: 0px; border: 0px; outline: 0px; font-size: 16px; vertical-align: baseline; border-collapse: collapse; border-spacing: 0px; color: rgb(85, 85, 85); font-family: " pt="PT" serif="Serif" arial="arial" sans-serif="sans-serif" line-height="line-height" px="px" background="background" rgb="rgb"><tbody style="margin: 0px; padding: 0px; border: 0px; outline: 0px; vertical-align: baseline; background: transparent;"><tr style="margin: 0px; padding: 0px; border: 0px; outline: 0px; vertical-align: baseline; background: transparent;"><td width="130" style="margin: 0px; padding: 8px 4px; border: 0px; outline: 0px; font-size: 14px; vertical-align: baseline; background: transparent;" /><td width="450" style="margin: 0px; padding: 8px 4px; border: 0px; outline: 0px; font-size: 14px; vertical-align: baseline; background: transparent;" /></tr><tr class="alt-table-row" style="margin: 0px; padding: 0px; border: 0px; outline: 0px; vertical-align: baseline; background: transparent;"><td style="margin: 0px; padding: 8px 4px; border: 0px; outline: 0px; font-size: 14px; vertical-align: baseline; background: transparent;">Daniel K. Miller</td><td style="margin: 0px; padding: 8px 4px; border: 0px; outline: 0px; font-size: 14px; vertical-align: baseline; background: transparent;">| Managing Director</td></tr><tr style="margin: 0px; padding: 0px; border: 0px; outline: 0px; vertical-align: baseline; background: transparent;"><td style="margin: 0px; padding: 8px 4px; border: 0px; outline: 0px; font-size: 14px; vertical-align: baseline; background: transparent;">Jenetta Kregel</td><td style="margin: 0px; padding: 8px 4px; border: 0px; outline: 0px; font-size: 14px; vertical-align: baseline; background: transparent;">| Controller</td></tr><tr class="alt-table-row" style="margin: 0px; padding: 0px; border: 0px; outline: 0px; vertical-align: baseline; background: transparent;"><td style="margin: 0px; padding: 8px 4px; border: 0px; outline: 0px; font-size: 14px; vertical-align: baseline; background: transparent;">Alexandra Peck</td><td style="margin: 0px; padding: 8px 4px; border: 0px; outline: 0px; font-size: 14px; vertical-align: baseline; background: transparent;">| Senior Analyst</td></tr><tr style="margin: 0px; padding: 0px; border: 0px; outline: 0px; vertical-align: baseline; background: transparent;"><td style="margin: 0px; padding: 8px 4px; border: 0px; outline: 0px; font-size: 14px; vertical-align: baseline; background: transparent;">Charles Grimes</td><td style="margin: 0px; padding: 8px 4px; border: 0px; outline: 0px; font-size: 14px; vertical-align: baseline; background: transparent;">| Commercial Real Estate Specialist</td></tr></tbody></table></div><div><font face="Times New Roman" size="4">
</font><div><font size="4" face="Times New Roman">2011</font></div><div><h1 style="box-sizing: border-box; outline: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0); margin: 0px; padding: 10px 0px 15px; font-weight: normal; line-height: 36px; border: none !important; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Energy drink king behind $100M fund: Bhargava sets up tech park for new firms</font></h1><div><p data-emphasis-key="paragraphHamHam" data-emphasis-ord="3" style="box-sizing: border-box; outline: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0); margin: 5px 0px 10px; line-height: 21px;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 255, 255);">he is setting up a technology park in Farmington Hills that will house companies seeded by the Stage 2 Innovations LLC fund along with his existing </span><strong style="box-sizing: border-box; outline: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0); background-color: rgb(255, 255, 255);">Lifeline Ventures LLC</strong><span style="background-color: rgb(255, 255, 255);"> fund and </span><strong style="box-sizing: border-box; outline: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0);"><span style="background-color: rgb(255, 255, 102);">ETC Capital LLC</span><span style="background-color: rgb(255, 255, 255);"> </span></strong><span style="background-color: rgb(255, 255, 255);">fund.</span></font></p><p data-emphasis-key="paragraphKMdTmi" data-emphasis-ord="4" style="box-sizing: border-box; outline: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0); margin: 5px 0px 10px; line-height: 21px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Kenneth Massey, director of research and clinical operations for <strong style="box-sizing: border-box; outline: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0);">MicroDose Life Sciences LLC</strong>, a company involved with several of the funds, said Bhargava is supporting Lifeline Ventures with a $100 million fund. That money is combined with a $50 million medical device incubator fund and, additionally, $100 million for Stage 2 Innovations.</font></p><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">=</font></div><div><table class="datadisplay" style="margin: 0.5em 0px 1em; padding: 0px; width: 915px; border-collapse: collapse; border: 0px; color: rgb(34, 34, 34); line-height: 24px; background: rgb(224, 230, 236);"><tbody><tr><th style="padding: 3px; text-align: center; color: rgb(255, 255, 255); background: rgb(153, 153, 153);"><font size="4" face="Times New Roman">Contributor</font></th><th style="padding: 3px; text-align: center; color: rgb(255, 255, 255); background: rgb(153, 153, 153);"><font size="4" face="Times New Roman">Occupation</font></th><th style="padding: 3px; text-align: center; color: rgb(255, 255, 255); background: rgb(153, 153, 153);"><font size="4" face="Times New Roman">Date</font></th><th style="padding: 3px; text-align: center; color: rgb(255, 255, 255); background: rgb(153, 153, 153);"><font size="4" face="Times New Roman">Amount</font></th><th style="padding: 3px; text-align: center; color: rgb(255, 255, 255); background: rgb(153, 153, 153);"><font size="4" face="Times New Roman">Recipient</font></th></tr><tr><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">ETC CAPITAL LLC
FARMINGTON HILLS,MI 48331</font></td><td style="padding: 5px; vertical-align: middle;" /><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">6/24/2015</font></td><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">$150,000</font></td><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">Unintimidated PAC</font></td></tr><tr class="item_odd" style="background-color: rgb(239, 239, 239);"><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">ETC CAPITAL, LLC
FARMINGTON HILLS,MI 48331</font></td><td style="padding: 5px; vertical-align: middle;" /><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">6/23/2015</font></td><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">$150,000</font></td><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">America Leads</font></td></tr><tr><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">ETC CAPITAL LLC
FARMINGTON HILLS,MI 48331</font></td><td style="padding: 5px; vertical-align: middle;" /><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">6/26/2015</font></td><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">$100,000</font></td><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">Believe Again</font></td></tr><tr class="item_odd" style="background-color: rgb(239, 239, 239);"><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">ETC CAPITAL LLC
FARMINGTON HILLS,MI 48331</font></td><td style="padding: 5px; vertical-align: middle;" /><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">11/12/2015</font></td><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">$-120,000</font></td><td style="padding: 5px; vertical-align: middle;"><font size="4" face="Times New Roman">Unintimidated PAC</font></td></tr></tbody></table></div><div><font size="4" face="Times New Roman">==</font></div><div><font size="4" face="Times New Roman">LI no ppl?</font></div><div><div class="basic-info-description" style="margin: 0px; padding: 0px; border: 0px; font-stretch: inherit; line-height: 16px; vertical-align: baseline;"><p style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; line-height: 17px; vertical-align: baseline; color: rgb(51, 51, 51); white-space: pre-wrap;"><font size="4" face="Times New Roman">ounded on the basis of opportunistic investing, ETC Capital, LLC (ETC) is a private investment firm that partners with management teams in middle market buyouts and recapitalizations.
At our core, we are equity investors looking to grow and diversify our list of portfolio companies. We are also willing to explore a spectrum of investment options that include short-term special situations or long term acquisitions. They may be project based, equipment based, acquisition oriented or other. Our multi-disciplinary team enables us to evaluate investments that do not necessarily meet the requirements of traditional banking, venture capital or private equity.</font></p></div><div class="basic-info-about" style="margin: 20px 0px 0px; padding: 0px; border: 0px; font-stretch: inherit; line-height: 16px; vertical-align: baseline;"><ul style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; list-style: none; overflow: hidden;"><li class="website" style="margin: 0px 6.04688px 0px 0px; padding: 5px 0px 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; float: left; width: 193.906px; min-height: 48px;"><h4 style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; line-height: 17px; vertical-align: baseline;"><font size="4" face="Times New Roman">Website</font></h4><p style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; line-height: 14px; vertical-align: baseline; color: rgb(102, 105, 106);"><a href="https://www.linkedin.com/redirect?url=http%3A%2F%2Fwww%2Eetccapital%2Ecom&urlhash=1Mpr" target="_blank" rel="nofollow" style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; vertical-align: baseline; color: rgb(102, 105, 106); text-decoration: none; word-wrap: break-word;"><font size="4" face="Times New Roman">http://www.etccapital.com</font></a></p></li><li class="industry" style="margin: 0px 6.04688px 0px 0px; padding: 5px 0px 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; float: left; width: 193.906px; min-height: 48px;"><h4 style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; line-height: 17px; vertical-align: baseline;"><font size="4" face="Times New Roman">Industry</font></h4><p style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; line-height: 14px; vertical-align: baseline; color: rgb(102, 105, 106);"><font size="4" face="Times New Roman">Investment Banking</font></p></li><li class="type" style="margin: 0px 6.04688px 0px 0px; padding: 5px 0px 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; float: left; width: 193.906px; min-height: 48px;"><h4 style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; line-height: 17px; vertical-align: baseline;"><font size="4" face="Times New Roman">Type</font></h4><p style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; line-height: 14px; vertical-align: baseline; color: rgb(102, 105, 106);"><font size="4" face="Times New Roman">Privately Held</font></p></li><li class="vcard hq" style="margin: 0px 6.04688px 0px 0px; padding: 5px 0px 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; float: left; width: 193.906px; min-height: 48px;"><h4 style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; line-height: 17px; vertical-align: baseline;"><font size="4" face="Times New Roman">Headquarters</font></h4><p class="adr" itemprop="address" itemscope="" itemtype="http://schema.org/PostalAddress" style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; line-height: 14px; vertical-align: baseline; color: rgb(102, 105, 106);"><font size="4" face="Times New Roman"><span class="street-address" itemprop="streetAddress" style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline;">38955 Hills Tech Drive</span> <span class="locality" itemprop="addressLocality" style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline;">Farmington Hills,</span> <abbr class="region" title="MI" itemprop="addressRegion" style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline;">MI</abbr> <span class="postal-code" itemprop="postalCode" style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline;">48331</span> <span class="country-name" itemprop="addressCountry" style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline;">United States</span></font></p></li><li class="company-size" style="margin: 0px 6.04688px 0px 0px; padding: 5px 0px 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; float: left; width: 193.906px; min-height: 48px;"><h4 style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; line-height: 17px; vertical-align: baseline;"><font size="4" face="Times New Roman">Company Size</font></h4><p style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; line-height: 14px; vertical-align: baseline; color: rgb(102, 105, 106);"><font size="4" face="Times New Roman">11-50 employees</font></p></li><li class="founded" style="margin: 0px 6.04688px 0px 0px; padding: 5px 0px 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; float: left; width: 193.906px; min-height: 48px;"><h4 style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; line-height: 17px; vertical-align: baseline;"><font size="4" face="Times New Roman">Founded</font></h4><p style="margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; line-height: 14px; vertical-align: baseline; color: rgb(102, 105, 106);"><font size="4" face="Times New Roman">2006</font></p></li></ul></div></div><div><font size="4" face="Times New Roman">==</font></div></div></div></div></div></div>