In His Element

first_imgBy Muhammed El-Hasan STAFF WRITER Employees entering Shaun Lee’s office open the door carefully lest they hit a guest sitting across from the company’s CEO. At about 8 feet by 8 feet, the room is smaller than some closets and most CEO offices. Faded wood-panel walls surround two fold-out tables pushed together to serve as a desk. Lee, who runs El Segundo-based Element Service Inc. and also serves as director of operations, has a utilitarian manner followed by the rest of his staff. “I’ve never felt I needed a big office,” Lee, 39, explained. Yet, his pragmatism belies grand ambition. Lee, who employs more than 30 workers in his heating and air conditioning business, plans to take his company public in January. He said that 2007 revenue “probably” will reach $3 million, up from $1.8 million last year. For 2008, Lee said he expects sales of $24 million. Element generates nearly all its revenue from installing and repairing heating and air conditioning units. The company emphasizes energy-efficient products. But Lee has bigger plans. He sees revenue in the hundreds of millions of dollars in coming years as his firm rolls out a new program similar to one that had been offered by – of all companies – Enron Corp. For a brief part of his long career, Lee did technical consulting for Enron, the failed, scandal-ridden Houston energy company. Enron had a profitable unit that used energy-efficient heating, air conditioning and lighting appliances to reduce clients’ electricity bills. That unit profited from a share of the savings. Three years ago, Lee tried a similar business model. Two years later, he added electricity-generating solar panels to his plan. Lee said he is negotiating with 10 national retailers to institute this energy-saving program. “We’re starting the initial proposal process now,” he said. If just one signs on, Element Service could dramatically raise its revenue. The El Segundo firm could make a profit of 40 percent on a client’s original electricity bill, Lee said. If accurate, that would represent staggeringly high revenue, considering the amount of electricity consumption at giant retailers and their distribution centers. “The revenue stream is massive,” Lee said. “The customer pays the money to Element, and Element pays their bill. And it’s up to Element to lower the electric bill further and make money on the difference.” Lee has not given this program a name yet. But it is the centerpiece of a larger Element growth plan that also includes the recent purchase of a majority stake in FridgeCare Inc., a Culver City maker of panels that reduce energy use in walk-in refrigerators by lowering humidity. Lee said he has secured $140 million in project financing. But he also plans to help finance his growth through a reverse merger with a public company called Utilisource Corp. Utilisource is a former power company dormant for the past seven years. Yet, Utilisource retains its public status and its shares are traded over the counter. So merging into Utilisource will allow Element to become public without the traditional complex and time-consuming process of going public. “It’s like an empty shell and I’m the snail crawling in,” Lee deadpanned. Although Utilisource exists only on paper, anticipation of the planned Jan. 1 merger has caused the stock price to fluctuate wildly, peaking at 35 cents recently before returning to the mid-teens. After the merger, Utilisource would issue more shares to the public to raise capital for his expansion plans. Element already is expanding. In 2005, Lee started the company in Van Nuys. Needing more space, Element relocated to Playa del Rey for about six months before finally ending up at its El Segundo location in April. Element originally had 4,000 square feet at its El Segundo headquarters, but has grown to 6,500 square feet by moving into adjacent space. The company recently opened an office in Clovis near Fresno. In November, another office will open in Camarillo. An additional office will open in January near San Diego. That will give Element coverage of a giant swath of California from Tracy, east of San Francisco, to the Mexican border. “The thing that’s setting us (apart) in our industry is I’ve been doing energy conservation since I was a teenager for my stepfather’s company 25 years ago,” Lee said. Lee began work in the heating and air conditioning industry even earlier than that. Starting in the fifth or sixth grade, Lee would help his grandfather on service calls for the elder’s company Can Do Heating & Air Conditioning. When Lee entered the seventh grade, his mother secured a work permit for him. “So I was legal,” he recalled. Lee then worked for his stepfather’s business installing air conditioning units. In 1986, Lee’s grandfather retired. So Lee, 18 at the time, asked if he could take over the company name. His grandfather said yes. “I got the name and a crate of pipe parts,” Lee said. “That’s all he had left, and that’s how I started the company.” Lee grew his new company to include about 30 employees. In 1997, he sold Can Do to a Chatsworth firm. Lee became executive sales director of that company. Lee left that business three years later, and began to do consulting work for other air conditioning companies. That work had him traveling throughout the U.S. For two years, he worked for Chatsworth-based Sanyo North America Corp., several times visiting the firm’s parent company in Japan. “It was always my dream to fly around the world, and here I was doing it on someone else’s dime,” Lee said. Lee has “always been a go-getter,” said Jason Zenter, Element’s service coordinator, who has worked with his boss on and off for two decades. “He’s always been beyond his years since I’ve known him. He grew up pretty quick,” said Zenter, who is the brother of Lee’s ex-wife. “He’s always finding ways of doing something new.” Despite 80-hour work weeks, Lee found time to race cars. From the age of 17 until 31, he participated in numerous races including Baja off-road competitions and the Long Beach Grand Prix. This workaholic, with big dreams and a small office, hopes business success will allow him to eventually achieve a less utilitarian goal: ownership of a private jet. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

Meisi Hair to Gray Ombre Wig : Happy customer ?

first_imgSuperb top quality and appears to be like excellent. My daughter experienced her head shaved for charity and i acquired her two from this organization and they are both very good.Professionals: quick shipping, good coverage and seems to be decent from the back and sides. Disadvantages: shorter than it seemed in picture, bogus pores and skin at the front not correctly protected with hair so you can see enormous hole there.Meisi Hair Black to Gray Ombre Wig, Fashion Heat Resistant Full Head Bob Style Fun Wig(Bob Hair Style)Material : heat resist Synthetic Hair Fiber ,can heat up to 180 degrees .Soft touch and natural looking, feels and move like real human hairThere is an adjusted hook inside,therefore one size fits mostUp to 180 degrees heat resistant ,you can style it with Straightener ,curler etc . Most of wigs only need minor style with hair wax.Perfect for halloween,themed parties and fancy dress parties or just for a change of look. Great for Cosplay Costume, fancy ball and sports-themed events.Packing : 1*full hair Wig+1*Wig CapI really like this wig it really is massive & bouncy & lighweight to use il be wearing mine all summer season, quickly shipping and delivery was a bonus much too love it.Which is wonderful, but the cap is huge. A little bit shiny, which is fantastic, but the cap is large.I absolutely adore this wig exactly as detailed.Meisi Hair Black to Gray Ombre Wig, Fashion Heat Resistant Full Head Bob Style Fun Wig(Bob Hair Style) : Absolutely love mine, light and soft very natural looking. Absolutely love mine, light and soft very natural looking. Iv had so many compliments people love it and so do i. Would definitely recommend this wig for special occasions. It is a tiny bit shiny which i don’t mind apart from that i can’t fault it. You get what you pay for ?. And the price tag was fantastic as effectively. The shipping was genuinely speedy, and i seriously fancy the texture of the hair if really silky and comfortable, and the cost was superior as nicely. I would suggest it to any one how like mid size hair.Love this wig,to start with time i have gone for this color and tone,had compliments all day extended the very first time i wore it at get the job done. The truly feel is lightweight and secure.Its a really great wig but the entrance is quite unnatural searching.Like this wig will make me truly feel seriously feminine ?. I cross costume, like this wig will make me really feel truly female ?.I haven’t examined the heat resistance as the wig arrived in ideal affliction and didn’t require straightening. Attractive wig, the hair is so easy quite lifelike, i have not examined the heat resistance as the wig arrived in best problem and did not demand straightening.So spectacular, wore it in cardiff. So breathtaking , wore it in cardiff.Attractive excellent and moves like serious hair. Beautiful good quality and moves like authentic hair. Quite delicate and not too shiney. Can take heat extremely perfectly much too as i straighnted the ‘bob’only matter i am not keen on is the parting as it appears to be a small bogus. However superb quality for the price tag.Was expecting to have clips so it not pretty secure to don.Okay, but the scalp section seems to be really fake, can only seriously use this with a hat.Hair colouring is wonderful, the dip dyed blend is attractive, troublesome it is marginally shiny side. Front is not very natural, not a lace front and extremely significantly a wig.It’s a good wig i had to set my possess fringe down. It can be a superior wig i experienced to set my own fringe down cos the fronts a little bit iffy but i require a fringe in any case i adore my hair is in the awkward in amongst phase and this does he job amazingly x.last_img read more

Alleged clip of missing J&K boy put up online

first_imgParents of Ehtesham Bilal, 19 — who went missing on October 28 but reappeared on Friday in an online post, wielding weapons under the Islamic State banner — asked their son to return home and appealed to Ansar Ghazwat-ul-Hind chief Zakir Musa to help them.Distraught and refusing to take meals, Bilal’s mother appealed to her son to shun the militant outfit. “Whatever group you have joined, please return. I appeal to Zakir Musa and will pray for his long life, help me in returning my son,” she said in a video.Bilal, who was a student at Sharda University in Noida was reported missing on October 28by his parents. His father, who owns a hardware shop in Srinagar, expressed shock over his son’s purported audio message,where he pledges allegiance to the IS-motivated Jundul Khilafah and to IS’s Iraq-based leader Abu Bakr Al-Baghdadi.“I heard your audio message. You talk about Islam. Islam says heaven lies under the feet of mother. Islam warns against disobedience to your parents. I order you to return to your family, Your mother hasn’t eaten anything [since you went missing],” he said.On Friday, a six-minute audio, attributed to Bilal, and pictures, where he was wielding a gun and weapons strapped with an IS flag in the backdrop, were uploaded on social media. “I was looking into the eyes of those 100 kufaars (non-Muslims) when they attacked me in groups like dogs. I was defending my Afghan muslim brothers. I was even then an advocate of khilaf (Islamic State)…and have chosen the path of jihad,” Bilal purportedly says in the audio.He was apparently referring to a clash that took place between local and Afghan students at Sharda University on October 4. A senior counter-insurgency police officer told The Hindu that Bilal has joined militant ranks and his movement was traced to Srinagar and Pulwama. “We are investigating the matter,” the officer said.National Conference vice-president Omar Abdullah described the development as “a worrying trend”.“If this is genuine, it’s hugely worrying. Sometimes, seemingly small actions have huge consequences. If what happened to him at Sharda University has led him to choose such a destructive path, it’s even more tragic. One more life on the path to ruin and one more family in turmoil,” Mr. Abdullah tweeted.last_img read more