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Mr. Kanter, a director of Modigene, has served as President of Windy City, Inc., a privately held investment firm, since 1986.
From 1995 to 1999, Mr. Kanter served as the Chief Executive Officer and President of Walnut Financial Services, Inc., a publicly traded company.
Walnut Financial's primary business focus was the provision of different forms of financing to small businesses by providing equity financing to start-up and early stage development companies, bridge financing and factoring services to small and medium-sized companies, and later stage institutional financing to more mature enterprises through an institutional fund.
Over the course of its 13 year history, Walnut Financial provided financing to over 300 companies, including Plax Mouthwash (Oral Research Laboratories), Sonicare Toothbrushes (Optiva Corp.), the first manufacturer of Global Positioning System devices (Magellan Corp.), the largest and only nationwide Preferred Provider Organization (First Health), and the third largest institutional pharmacy company (Vitalink Pharmacy Services).
Walnut Financial was acquired by THCG, Inc. in 1999 in a transaction that ultimately provided approximately $300 million in market value to the shareholders. Mr. Kanter serves on the Board of Directors of several public companies including Encore Medical Corporation, I-Flow Corporation, Magna- Lab, Inc., Nesco Industries, Echo Healthcare Acquisition Corp., and Prospect Medical Holdings, Inc. Mr. Kanter has a B.A. in political science and a B.S. in psychology from Tulane University. | 