After
two years of service in the United States Army with
Psychological Warfare in the Far East, Mr. Fritsch returned
to college. He obtained a BS degree from the University
of Wisconsin and a MA from DePaul University. He then
taught for three years and subsequently launched his
first business - Fritsch Imports, Inc. During this time
Mr. Fritsch travelled extensively throughout Aisa. Mr.
Fritsch also owned and participated in two trading companies
in Japan and Hong Kong. The firm was sold to devote
fulltime to IMS.
In
1972 Mr. Fritsch incorporated International Marketing
Service, Inc. and has used this corporation to act as
a business consultant for many foreign and American
companies. The following is a partial list of his accomplishments:
Development
Consultant to McPherson Contractors, Inc.,
Topeka, Kansas. Consulted on layout, market analysis
and financing on two projects, Sherwood Estates #7 consisting
of 95 single-family homes. Brookfield Subdivision, a
planned unit development of 200 single family homes
and 25 multiple family dwellings.
Financial
Consultant to RDS & Associates of Omaha,
Nebraska. Responsibilities included obtaining one of
the first letters from the SEC to do timesharing. Also,
he did feasibility studies for hotel acquisition and
negotiating of properties. Among his responsibilities
were overseeing the offering and presenting the tax
shelter advantages to the attorneys and accounts of
the investors.
Marketing Consultant to Scientific
Research Corporation of Alva, Oklahoma. Mr. Fritsch
set up a master distributor program for the United States
and obtained an order for $2,500,000 of agricultural
chemicals from the Mexican government. The company was
sold KALO a division of Marion Industries a public company.
Development Consultant to Venture 11,
Lincoln, Nebraska. This was a 156 apartment unit development
done in three phases and completed in 1977. Mr. Fritsch
participated in the feasibility study, financing and
marketing.
Financial Consultant to Capital Cattle
Cooperative Corp. of Madison, Wisconsin. Mr. Fritsch
obtained on their behalf an Industrial Revenue Bond
for $2,400,000 from the State of Delaware.
Financial and Management Consultant
to Bink Management in Rolling Meadows, Illinois. Bink
was the general partner and managed 18 partnerships
with real estate holdings in excess of $50,000,000.
Director
of Operations for the El Embajador Hotel and
Casino in the Dominican Republic. Responsible for all
Hotel and Casino operations.
President/CEO
of the ARC United Group an import/export business.
COO
of Waffer International Corporation a wholly owned subsidiary
of Waffer Plastics the oldest and one of the largest
plastic injection molding companies in Taiwan. Waffer
is a public company in Taiwan, and is a conglomerate
that owns and has strategic alliances with several diversified
companies throughout the United States and Far East.
His primary duties were problem solving, evaluating
and assisting in the planning for manufacturing and
distribution of new products. Mr. Fritsch also negotiated
the sale of “Made N Wood” a division of
Arc United to Sunbeam Corporation.
COO
of Proview Technology, Inc. a subsidiary of Essex Monitor
Corporation a publicly held company in Hong Kong. As
COO of Proview he was instrumental in taking Proview
from $15,000,000 to over $200,000,000 in sales in less
than three years. Responsibilities were planing, management
and the coordination of strategic alliance activities
between Waffer and Proview. Also, administrating the
marketing of import/export consumer goods products consisting
of appliances, electronics and computer related products.
Venture
Capital Consultant to Uniworld Capital. Responsible
for packaging a joint venture presentation for a Department
Store and Office complex in Shanghai, China with the
Chinese government.
Venture
Capital Consultant to Myriad Capital an SSBIC.
Responsible for packaging a presentation to attract
additional capitalization. Negotiated an agreement with
a Minnesota Tribe to buy controlling interest in Myriad
Capital.
Co-Founder
and Consultant for RPM Technologies, Inc. a
plastic pallet manufacturer. He assisted in taking the
firm public. RPM is now on the NASDAQ BB (RPMM).
Representative
and Consultant for Ascenda Corporation a trading
company with its main office located in Shanghai, China.
Consultant
and Project Manager for Denray Management,
a property enhancement developer in Chicago, Illinois.
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