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    Ellen Litvik • Forest Hill Capital

    No publicly available information could be found on Ellen Litvik working as an analyst at Forest Hill Capital. There are no LinkedIn profiles, analyst rankings, or verifiable mentions of her in financial databases or reputable industry sources. Without substantiated details regarding her professional role, coverage areas, performance metrics, career timeline, or credentials, it is not possible to provide a credible professional profile at this time.

    Ellen Litvik's questions to Data Storage Corp (DTST) leadership

    Ellen Litvik's questions to Data Storage Corp (DTST) leadership • Q2 2025

    Question

    Asked for the rationale behind selling the Cloud First business, which constitutes the majority of revenue, and questioned the company's operational and growth strategy following the divestiture.

    Answer

    The sale of Cloud First is intended to unlock shareholder value that was not being recognized by the public markets, despite it being a profitable 'cash machine'. Post-sale, the company will consist of a small executive team and the Nexus business, with a new strategy focused on investing in high-growth areas like AI vertical software, guided by a new advisory board.

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    Ellen Litvik's questions to Data Storage Corp (DTST) leadership • Q2 2025

    Question

    Ellen Litvik from Forest Hill Capital asked for the rationale behind selling the Cloud First business, which constitutes about 95% of revenue, and questioned what the company's future operations and growth strategy would be post-divestiture.

    Answer

    Chairman and CEO Charles Piluso explained that while Cloud First is a profitable 'cash machine' (generating ~$2.5M in EBITDA for the six months), its value was not recognized by the public markets, preventing the use of stock for M&A. Post-sale, he, the CFO, and CAO will remain with the Nexus business and use the capital and public entity to invest in high-growth areas like AI vertical software, effectively restarting the growth journey.

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