Duane Anderson - Edgewater Wireless Chairman, CTO and Member of Audit Committee

KPIFF Stock  USD 0.04  0  13.13%   

Chairman

Mr. Duane Laurie Anderson is the Chairman of the Board Chief Technology Officer and Technology Visionary of Edgewater Wireless Systems Inc. Mr. Anderson is the controlling shareholder President CEO and a director of Edgewater Computer Systems Inc. a company he founded in 1988 with the goal of developing theoretically correct realtime computer systems based on open system standards. ECSI provides research and development consulting services to organizations including the Canadian Department of National Defence the U.S. Air Force and the U.S. Navy. Mr. Anderson oversaw ECSIs development of wireless and wired communications and networking products and of a new release of the 1553 military standard for data bus technology in military avionics. Previously Mr. Anderson spent several years as a senior engineer and project engineer with a major manufacturer of VMEbusbased military computers. He also has experience as a principal designer of high speed VLSI Tech test equipment. Additionally he has worked in the research and development of microprocessorbased oilfield instrumentation and as a developer of powersystem instrumentation technologies since 2014.
Tenure 10 years
Phone613 271 3710
Webhttps://www.edgewaterwireless.com
Anderson’s technical background and experience as the President and CEO of ECSI allows him to understand, analyze and evaluate the Company’s financial statements.

Edgewater Wireless Management Efficiency

The company has return on total asset (ROA) of (0.8289) % which means that it has lost $0.8289 on every $100 spent on assets. This is way below average. Edgewater Wireless' management efficiency ratios could be used to measure how well Edgewater Wireless manages its routine affairs as well as how well it operates its assets and liabilities.
Edgewater Wireless Systems has accumulated 197.15 K in total debt with debt to equity ratio (D/E) of 487.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Edgewater Wireless has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Edgewater Wireless until it has trouble settling it off, either with new capital or with free cash flow. So, Edgewater Wireless' 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 Edgewater Wireless sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Edgewater to invest in growth at high rates of return. When we think about Edgewater Wireless' use of debt, we should always consider it together with cash and equity.

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CHAIRMAN Age

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Edgewater Wireless Systems Inc. develops and commercializes technologies and intellectual property for the wireless communications market in North America. Edgewater Wireless Systems Inc. was incorporated in 1980 and is headquartered in Kanata, Canada. Edgewater Wireless is traded on OTC Exchange in the United States. Edgewater Wireless Systems [KPIFF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Edgewater Wireless Management Team

Elected by the shareholders, the Edgewater Wireless' board of directors comprises two types of representatives: Edgewater Wireless inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Edgewater. The board's role is to monitor Edgewater Wireless' management team and ensure that shareholders' interests are well served. Edgewater Wireless' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Edgewater Wireless' outside directors are responsible for providing unbiased perspectives on the board's policies.
Christopher Olney, CFO Sec
Duane Anderson, Chairman, CTO and Member of Audit Committee
Andrew Skafel, CEO and Pres

Edgewater 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 Edgewater Wireless 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Edgewater Pink Sheet

Edgewater Wireless financial ratios help investors to determine whether Edgewater 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 Edgewater with respect to the benefits of owning Edgewater Wireless security.