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[QUOTE]Originally posted by stocktrader22: [QB] From HSM Life's been good to Ralph Hughes. More accurately, Hughes has worked hard to make sure that life would be good to him. Hillsborough's highest profile conservative activist, anti-tax crusader and power broker owns a pre-cast concrete business that is the largest of its kind in the nation. The privately held Cast-Crete has annual sales of $150 million and "is very profitable," the company told Wall Street analysts earlier this year. After taxes and other costs, Cast-Crete is projected to make a $24-million profit. But almost unknown is how actively Hughes' Cast-Crete has gotten into the turnaround business, buying up financially distressed companies and trying to make them into performers, thanks in large part to the talents of John Stanton, a Vietnam vet who runs Hughes' construction products companies and the new acquisitions. The interrelated deals include: Taking over CyberCare Inc., a once troubled South Florida medical technology firm that was set to emerge from Bankruptcy Court this week. A proposed merger with EarthFirst Technologies, an alternative fuels business. U.S. Sustainable Technologies Inc., which is working on a biofuel gas from soybeans. Nanobac Pharmaceuticals Inc. and its investigation of nanobacteria to help produce alt-energy. A joint venture with Cofitral S.p.A of Milan, Italy, to build a $750-million alt-energy producing plant in that nation. How ironic: The scourge of Tampa liberals is all up in the "green" energy movement. [/QB][/QUOTE]
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