STEVEN BRONSON, CEO of BKF Capital Group, bought 35,603 shares of BKF Capital Group at $1.12 for a total amount of $39,875 on December 26, 2013. As of the time of writing on December 30th 2013, the stock is trading at $1.06 per share.
This is looking like a promising story because Steven Bronson seems to be buying for himself and a various entities in various transactions over the year, and is a very successful value investor. We will have to provide a deeper analysis of this company in the future. BKF Capital Group is headquartered in Boca Raton, Florida. BKF Capital Group, Inc. (BKF) operates through its wholly owned subsidiary, BKF Management Co., Inc. (BMC) and its subsidiaries. The Company is focused on a merger, acquisition, business combination or other arrangement by and between the Company and a viable operating entity. As of December 31, 2011, the Company had no operations.
The Company, through BKF GP Inc., acts as the managing general partner of several private investment partnerships, which are in the process of being liquidated and dissolved. The Company operated in the investment advisory and asset management business entirely through BKF Asset Management, Inc. (BAM). BAM specialized in managing equity portfolios for institutional investors through its equity and alternative investment strategies.
According to Capital IQ, BKF Capital Group has a market cap of $8 million, an enterprise value of $2.44 million. On June 21st 2013, BKF Capital Group, Inc. (BKFG), the second largest shareholder of Qualstar Corporation (QBAK), today commented on the real facts and issues in BKF’s contest to replace the Board of Directors of Qualstar and elect BKF’s highly experienced, highly qualified and highly motivated nominees at the Qualstar Annual Meeting of Shareholders on June 28, 2013. On July 15th 2013, BKF Capital won the proxy fight. Qualstar Corporation, a manufacturer of data storage solutions and high-efficiency power supplies, today announced the appointment of Steven N. Bronson as interim Chief Executive Officer and President of Qualstar. Mr. Bronson replaces outgoing CEO, Lawrence Firestone. BKF Capital has been buying more shares of Qualstar over the last 12 months, and now owns 2,652,448 shares of QualStar. Steven Bronson’s most recent annual compensation at BKF Capital Group is a salary of $125,000. Mr. Bronson is 48 years old. Mr. Bronson seems to be an accomplished capital allocator. In addition to his new role as CEO of Qualstar, he currently is CEO of Catalyst Financial, CEO of 4Net Software, CEO of Ridgefield Acquisition Corp, CEO of Interlink Electronics.
According to his biography, Mr. Steven N. Bronson has been Chief Executive Officer and President of Qualstar Corp. since July 03, 2013. Mr. Bronson is the Founder of Catalyst Financial LLC and serves as its President and Chief Executive Officer. Mr. Bronson has been the Chief Executive Officer of Interlink Electronics Inc. since July 13, 2010. He has been the Chief Executive Officer and President of 4net Software Inc., since September 1996. Mr. Bronson has been the Chief Executive Officer and President of Ridgefield Acquisition Corp. since September 1996 and serves as its Principal Financial Officer. He has been the President of BKF Capital Group, Inc. since September 19, 2008. Mr. Bronson has been Treasurer of BKF Capital Group Inc. since October 2008 and serves as its Chief Executive Officer and Principal Financial Officer. He serves as the Chairman, President, Treasurer and Secretary of Bio-Medical NV, a subsidiary of Ridgefield Acquisition Corp. He serves as the chairman of Qualstar Corp. He serves as an Officer of Bio-Medical Automation Inc. He has over 26 years of Wall Street experience and securities industry contacts. He served as the Interim President and Interim Chief Operating Officer of Interlink Electronics Inc. until October 25, 2010 and also served as its President from March 2011 to September 2013. Mr. Bronson is a successful value investor who has been personally involved in over $300 million in financings, mergers and acquisition transactions for small and middle market companies. He served as Sole Officer of 4net Software Inc. from September 1998 to August 11, 2000. From 1991 to September 23, 1998, he served as the President of Barber & Bronson Incorporated. He serves as Chairman of 4net Software Inc. Mr. Bronson has been the Chairman of Interlink Electronics Inc. since July 13, 2010. Mr. Bronson serves as Chairman of the Board of Catalyst Financial LLC. He has been the Chairman of BKF Capital Group, Inc. since September 19, 2008. He has been a Director of Ridgefield Acquisition Corp. since June 1996 and Qualstar Corp since June 28, 2013. He has been a Director of 4net Software Inc. since June 1996. He has been a Director of Bio-Medical NV since March 3, 2003. He has been a Director of BKF Capital Group, Inc. since September 19, 2008. He has been a Director of Interlink Electronics Inc. since July 13, 2010. He serves as a Director of Bio-Medical Automation Inc. Mr. Bronson served as a Board Member of NIBA from 1993 to 1996.
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