Philip Shiels - AS-IP Tech CEO, CFO and Executive Director

IPTK Stock  USD 0  0.00  0.00%   

CEO

Mr. Philip A. Shiels is Chief Executive Officer, Chief Financial Officer, Director of the company. From 1992 to the present, Mr. Shiels has operated Shiels Co., Victoria, Australia, a private consulting practice providing management and corporate advisory services. Shiels Co. has served as a consultant to ASiQ Ltd. since 1994 and ASIP Tech, Inc. since its inception. Mr Shiels has served as the Director of Finance for ASI Holdings Pty. Ltd since 2008.
Age 71
Tenure 16 years
Phone61 424 888 2212
Webhttps://www.asiptech.com
Shiels received a Bachelor of Business Degree from the RMIT University in 1976 and was a Member of the Institute of Chartered Accountants in Australia since 1978.

AS-IP Tech Management Efficiency

The company has return on total asset (ROA) of (5.4833) % which means that it has lost $5.4833 on every $100 spent on assets. This is way below average. AS-IP Tech's management efficiency ratios could be used to measure how well AS-IP Tech manages its routine affairs as well as how well it operates its assets and liabilities.
AS IP Tech currently holds 1.51 M in liabilities. AS IP Tech has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist AS-IP Tech until it has trouble settling it off, either with new capital or with free cash flow. So, AS-IP Tech's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AS IP Tech sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AS-IP to invest in growth at high rates of return. When we think about AS-IP Tech's use of debt, we should always consider it together with cash and equity.

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AS-IP Tech, Inc. develops technologies for the business aviation and commercial airline industry. AS-IP Tech, Inc. was founded in 1986 and is based in Torquay, Australia. As-Ip Tech is traded on OTC Exchange in the United States. AS IP Tech [IPTK] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

AS IP Tech Leadership Team

Elected by the shareholders, the AS-IP Tech's board of directors comprises two types of representatives: AS-IP Tech inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AS-IP. The board's role is to monitor AS-IP Tech's management team and ensure that shareholders' interests are well served. AS-IP Tech's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AS-IP Tech's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Mason, Member Logistics
John Papageorgiou, Chief Officer
Ronald Chapman, President, Director, CEO of Asiq Pty Ltd and President of Asiq Pty Ltd, Managing Director of Asi Australia, Managing Director of Asi Entertainment Pty Ltd, Managing Director of Asi Holdings Pty Ltd and Managing Director of Asi Media Pty Ltd
Barry Chapman, Chief East
Adam Chapman, VP Services
Philip Shiels, CEO, CFO and Executive Director
Thomas Henderson, VP Board

AS-IP Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is AS-IP Tech a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in AS-IP Pink Sheet

AS-IP Tech financial ratios help investors to determine whether AS-IP Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AS-IP with respect to the benefits of owning AS-IP Tech security.