Eric McAfee - Nevo Energy Founder and Director

NEVE Stock  USD 1.00  0.00  0.00%   

Director

Mr. McAfee is an entrepreneur and VCist with a lifelong commitmentto agriculture and renewable energy. After growing up on a farm near Fresno, California, he cofounded Organic Pastures Dairy Company, a 400acre raw milkdairy, and McAfee Farms, a producer of organic apples and almonds. Mr. McAfeeis a founding shareholder of Pacific Ethanol, an ethanolsupplier in the Western United States. Pacific Ethanol received an 84 millioninvestment from Microsoft Chairman, Bill Gates, through his investment firm, Cascade Investments
Age 60
Phone408-418-2424
Webhttps://www.nevoenergy.com
McAfee is also the founding shareholder of severalenergy companies: Particle Drilling Technologies, World WasteTechnologies, Natural Gas Systems . Mr.McAfee graduated as the Dean Medalist from the Fresno State Universitybusiness school, and is a graduate of the Harvard Business School PrivateEquity and VC program and the Stanford Graduate School of BusinessExecutive Program.

Nevo Energy Management Efficiency

The company has return on total asset (ROA) of (0.6388) % which means that it has lost $0.6388 on every $100 spent on assets. This is way below average. Nevo Energy's management efficiency ratios could be used to measure how well Nevo Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Nevo Energy currently holds 387.98 K in liabilities. Nevo Energy has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Nevo Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Nevo Energy'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 Nevo Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nevo to invest in growth at high rates of return. When we think about Nevo Energy's use of debt, we should always consider it together with cash and equity.

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Nevo Energy, Inc. develops and intends to build, own, and operate renewable energy projects to deliver electricity to utilities and industrial customers. The company was formerly known as Solargen Energy, Inc. and changed its name to Nevo Energy, Inc. in May 2011. Nevo Energy operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 2 people. Nevo Energy [NEVE] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Nevo Energy Management Team

Elected by the shareholders, the Nevo Energy's board of directors comprises two types of representatives: Nevo Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nevo. The board's role is to monitor Nevo Energy's management team and ensure that shareholders' interests are well served. Nevo Energy'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, Nevo Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Adam McAfee, Chief Officer
Laird Cagan, Founder Advisor
Eric McAfee, Founder and Director

Nevo 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 Nevo Energy 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 Nevo Pink Sheet

Nevo Energy financial ratios help investors to determine whether Nevo 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 Nevo with respect to the benefits of owning Nevo Energy security.