Corey Ribotsky (NIR Group)

The Many Services from The Leukemia & Lymphoma Society

The Leukemia & Lymphoma Society helps patients who are dealing with leukemia, lymphoma, Hodgkin’s disease and melanoma to improve their quality of life and to find the information they seek about their diagnoses and conditions.  Founded in 1949, they have invested more than $360 million for blood cancer research with the aim of finding a cure for these deadly diseases.

They offer a wide range of services.  Their Information Resource Center (IRC) provides treatment information and has information specialists on staff who can speak with callers five days a week.  They offer free materials about disease, treatments and support and can help patients to find their local LLS chapter.  They have medical interpretation services in more than 20 languages, ensuring that people from all backgrounds receive the cancer support and information they need.

These are a few of the many services offered by The Leukemia & Lymphoma Society.  With donations from individuals and groups, such as the NIR Group and managing partner Corey Ribotsky, they can reach out to cancer patients and offer outstanding education and resources to those in need.

The NIR Group & Corey Ribotsky Support Cancer Research

The Leukemia & Lymphoma Society is a voluntary health organization that funds blood cancer research, education and patient services.  As the world’s largest voluntary organization of this sort, they work tirelessly to cure leukemia, lymphoma, Hodgkin’s disease and melanoma.  Furthermore, they work to improve patient quality of life both for the patient and for his or her family.

The Leukemia & Lymphoma Society has information specialists who can help cancer sufferers with the challenges and questions of their diagnosis.  In addition, they offer healthcare professionals who are involved in patient care and can provide cancer patients with information and support.

The NIR Group, with managing partner and head portfolio manager Corey Ribotsky, is committed to lending its financial support to the Leukemia & Lymphoma Society.

Honoring the Memory of Onyx and Breezy: The Shefts Support Animal Welfare Organizations

 

Mark and Wanda Shefts began the Onyx and Breezy Foundation in 2004 with the goal of helping animals in need through several modalities. The foundation is named in honor and memory of the Shefts two Labrador Retrievers, Onyx who died in September, 2004, at the age of 13; and Breezy, born February 1997 and died in October, 2004, at the age of seven, from cancer.

The NIR Group, Corey Ribotsky managing partner, helps support Onyx and Breezy, where no donation is too small. Uniquely among foundations, this organization utilizes all its resources to support its mission. 100% of donations go towards helping animals, while administrative costs and fund raising expenses are paid for by the Foundation from donations of the Shefts family and other corporate sponsors and individuals.

Onyx and Breezy Helps Animals in Need

 The Onyx and Breezy Foundation is unique among animal welfare organizations. The stated mission of the foundation is “To provide financial support to credible organizations and individuals that benefit the welfare of animals.”

Corey Ribotsky of the NIR Group is a partner in this worthwhile endeavor, which gives financial support to the following activities:

1.    Medical facilities are provided with financial assistance to acquire equipment.

2.    Medical research is funded.

3.    In situations of hardship the foundation will provide medical treatment to animals in need.

4.    Providing funding for other organizations that assist animals and their welfare.

5.    Many other ways which improve and benefit the life of animals

Ribotsky: GM Bailout Deal a PIPE Transaction without a Doubt

 In an article published in June, 2009 on the on-line news magazine Reuters Hedgeworld, Corey Ribotsky of the NIR Group argues forcefully that the recent bailout or the failing mega company General Motors is just a PIPE deal by another name.

But what is a PIPE deal? Let’s take a brief look at this unique form of financing which is becoming more and more popular as the usual sources of capital get scarcer in our distressed economy.

The acronym PIPE stands for private investment in public equity.  PIPE financing can be a good choice for small to medium-sized publicly traded companies that need to raise capital but want to avoid the expense and regulatory issues which are necessary for making a secondary offering.

The private investment company buys the stock of the publicly traded company at a discount.

PIPEs come in two flavors, traditional and structured. Traditionally a PIPE allowed the private investor to purchase stock in the publicly traded company. This type of equity financing is the direct kind.

The structured PIPE is a bit more complex, and involves the publicly traded company issuing convertible debt. This type of PIPE is less risky for the private investor and does not reduce by dilution the value of the publicly-traded company’s stock, or outstanding shares immediately.

Sunrise Day Camp Offers Unique Experience for Children with Cancer

Sunrise Day Camp, with the help of people like Corey Ribotsky, offers a much needed alternative to sleep-away camp for children with cancer.

The day camp is professionally operated by the Friedberg JCC, and offers, free of charge, a full summer program which includes ball fields, swimming pools, club houses, volleyball, basketball, easily accessible playgrounds, ponds with ducks and fish, art center, miniature golf, driving range and more. After the full day of “fun in the sun” children then return to their homes in the evenings, where they can enjoy the comfort, safety and security of familiar surroundings and family members.

Corey Ribotsky is pleased and proud to provide support for such a unique and worthwhile endeavor.

Sunrise Day Camp for Children with Cancer

  Unique in the nation, the Sunrise Day Camp supports children, aged from 3-16, who are ailing from cancer or related disorders. The camp is offered to these children in crisis for free, on a non-sectarian basis.

The dedicated staff at Sunrise Day Camp is dedicated to insuring that children in their care receive the emotional, social, recreational and physical support that they need.

The NIR Group, headquartered in Roslyn, New York, with Corey Ribotsky as managing member, is happy and proud to be involved in the wonderful work that Sunrise Day Camp is doing for these children.

Corey Ribotsky Supports Sunrise Day Camp

Corey Ribotsky is the founder and managing member of the NIR Group in Roslyn, Long Island. Despite his busy schedule and demanding profession, he is still able to give of himself to various worthwhile causes in the greater New York/Long Island vicinity.

One of these very special organizations is the Sunrise Day Camp. Sunrise is the only day camp in the United States which is exclusively dedicated to children with cancer.

Children from as young as three and as old as 16 are welcomed to the beautiful 300-acre wooded site which is located on the Henry Kaufmann Campgrounds on the border between Suffolk and Nassau counties in Long Island.

Ribotsky Hopeful that PIPE Trade Group Will Educate Public Sector

One of the goals of the trade group Corey Ribotsky and the NIR Group plan to

establish for the PIPE investment space is education. Currently the U.S. government is using the special PIPE structure of financing everyday so that more people are becoming acquainted with this investment strategy.

Ribotsky is pleased that everyday more information about PIPEs become available to the benefit of the public, but he is also worried that some of the information is distorted. Ribotsky is hopeful that his trade group will provide the essential repository for accurate and useful information so that people can better understand just how PIPE transactions work.

Corey Ribotsky Creating PIPE Space Trade Group

The creation of a trade group for the PIPE investment space has been something Corey Ribotsky has been discussing through the years with others involved in this special form of investing.  Ribotsky envisions a group whose mandate will be not only educating the public on different aspects of PIPE investing, but to also, become involved somewhat in lobbying efforts.

The group is planning to provide vital information and other resources on PIPE investing, as well as education potential investors and anyone who is looking to obtain this type of financing.