From: Pin Info [moreinfo@pin.ca]
Sent: Monday, March 27, 2006 11:44 PM
To: deb@pin.ca
Subject: Refrigeration Business - Doug Lockhart (06-0342)
 
-----Original Message-----
From: Eric Jordan [mailto:eric@pin.ca]
Sent: Monday, March 27, 2006 7:07 PM
To: 'Service-Lockhart Industries'
Subject: 06-03-27 - Sale of Refrigeration Business

Eric Jordan

Pin Services Ltd.

#48122 - 3575 Douglas Street

Victoria, B.C. Canada V8Z 7H6

Email eric@pin.ca Website www.pin.ca

Fax 206.337.0250

Phone 250.386.0108

Toll Free 800.606.0310

 

Doug Lockhart

lockhart@lockhart.ca

www.lockhart.ca

dlockhart@digi-cool.com

www.digi-cool.com

 

Hi Eric,

You might remember me as president of Digi-Cool Industries, inventor and

manufacturer of digital refrigeration analyzers.  Well, Digi-Cool is taking

off and requiring a lot more of my time which is leaving me stretched thin

between Digi-Cool and my refrigeration business, Lockhart Industries.

 

I bought in with my partner in 1976 becoming sole owner in 1981.  After 30

years in the business I would like to devote my time and energy to growing

Digi-Cool.  I would be interested in a complete buy-out or a junior partner

buy-in with a complete buy-out within 3 years depending on the buyers

education.  It has taken me a while to come to this decision and am now

confident that this is the right move for me.

 

Please let me know how to proceed with listing with you and any other info I

should have.

 

 

Hello Doug,

 

I will be available if you want to call me Tuesday morning.

I will try to contact you as well and somehow we will connect.

 

I suspect from your email that you are going to need the junior partner buy in - buy out over 2-5 years depending upon the dollar amount we are dealing with.

Even guys coming out of the oilfields with money will still need their hands held on something like this.  

 

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