Michael Stephen Farkas

Current Employers

Employment History

• 12/2022 → Present
  Valic Financial Advisors, Inc.
  Columbus, OH
• 05/2019 → 08/2019
  Progressive Insurance
  Mayfield, OH
• 05/2018 → 02/2019
  Mennonite Mutual Insurance Co.
  Orrville, OH
• 12/2016 → 01/2018
  Ups
  Wadsworth, OH
• 06/2016 → 01/2017
  Target
  Wadsworth, OH
• 08/2016 → 05/2020
  The University Of Akron
  Akron, OH
• 04/2010 → 06/2016
  Unemployed (Middle And High School Student)
  Wadsworth, OH
• 11/2022 → 06/2023
  Online Store(S)
  Wadsworth, OH
• 12/2022 → Present
  Agia
  Houston, TX
• 06/2023 → 07/2023
  Reselling Consumer Products
  Wadsworth, OH
• 08/2023 → Present
  Buying/Selling Houses
  Wadsworth, OH
• 08/2023 → Present
  Franchising The Original Steaks And Hoagies
  Westlake, OH
• 06/2023 → Present
  Online Store(S)
  Wadsworth, OH
• 05/2020 → 11/2022
  Unemployed
  Wadsworth, OH

Other Businesses

AGIA POSITION: Agent NATURE: null INVESTMENT RELATED: No NUMBER OF HOURS: 10 SECURITIES TRADING HOURS: 1 START DATE: 12/17/2022 ADDRESS: 2929 Allen Parkway, Houston TX 77019, United States DESCRIPTION: Non-Securities Insurance Products THE FARKAS COMPANY POSITION: Owner/Member/Founder NATURE: I have not yet done anything with outside business activity (need preapproval first). I'm hoping to start an LLC (may need a vendor's license as well), buy laptops from Dell.com at a bulk discount (will utilize a Dell Business Account to do so), then sell these purchased laptops to "Big Sky Buyers Club" based out of Montana (an exporter). "Big Sky Buyers Club" will purchase these laptops at the discounted market value (laptops can be seen on sale at Dell.com), which should be roughly 5-15% above what I purchased them for with a bulk discount. "Big Sky Buyers Club" then will sell these laptops once Dell.com no longer offers a discount for said laptops. I will also use credit card(s) to earn cash back on purchases. I estimate that I will spend roughly 5 hours per week (outside of trading hours) on this OBA. INVESTMENT RELATED: No NUMBER OF HOURS: 5 SECURITIES TRADING HOURS: 1 START DATE: 08/29/2022 ADDRESS: 292 Wadsworth Road, Wadsworth OH 44281, United States DESCRIPTION: I have not yet done anything with outside business activity (need preapproval first). My job duties will include purchasing laptops in bulk from Dell.com (I will likely receive a bulk discount somewhere around 5-15% off) on already discounted laptops available at Dell.com. I will then either ship the purchased laptops directly to "Big Sky Buyers Club" or will send them to the address listed above (so that the laptops can be properly labeled) and then sent to "Big Sky Buyers Club."I do not currently have plans to have any employees (besides myself). If this philosophy changes, I will submit a new OBA preapproval form before considering adding any employees. ONLINE STORE(S) POSITION: Owner of Online Store(s) NATURE: I'm hoping to have an online store (ex. eBay, Mercari, Facebook Marketplace, Craigslist, etc.) that will allow me to sell some items. I don't assume I'd do very high numbers from this online store - I'm just hoping to sell some clutter in my home. I estimate $5,000 in sales at MOST for this online store per year. Again, it's mostly to reduce the clutter in my home. I'm just hoping to be granted preapproval to create online stores that will allow me to sell mostly personal items and reduce the clutter around my home. INVESTMENT RELATED: No NUMBER OF HOURS: 3 SECURITIES TRADING HOURS: 1 START DATE: 06/06/2023 ADDRESS: 292 Wadsworth Road, Wadsworth OH 44281, United States DESCRIPTION: I will simply need to list the items I have that I'd like to sell and ship them respectively. FRANCHISING THE ORIGINAL STEAKS AND HOAGIES POSITION: Limited Partner NATURE: The Original Steaks and Hoagies is a restaurant, brick and mortar business model that can accept online orders. There is also the possibility to utilize food trucks to cater company events. Updates: I sold the location at 4706 Grayton Rd Unit #4, Cleveland, OH 44135 and have signed all rent release forms for other locations I was planning to open. I therefore have no responsibilities anymore relative to this OBA. I am receiving monthly payments for the sale of this business. I am receiving $100k over 7 years at 0% interest. INVESTMENT RELATED: No NUMBER OF HOURS: 6 SECURITIES TRADING HOURS: 3 START DATE: 08/31/2023 ADDRESS: 30325 Detroit Rd, Westlake OH 44145, United States DESCRIPTION: I may have some in-person involvement during the first few months while each location becomes fully operational. With a hired general manager conducting day to day operations, once fully operational, I plan to function in an accounting role, verifying numbers and working primarily from home outside business hours.

Exams

• S66 Uniform Combined State Law Examination
  2020-07-30

Other Names

• Michael Farkas