Andreas Jacob - Petrolympic VP and Director

PCQRF Stock  USD 0.03  0.00  0.00%   

Director

Mr. Andreas Jacob is Vice President, Director of Petrolympic Ltd. He is Cofounder of the Company. He was instrumental in Petrolympic acquisition of oil and gas interests in the Gaspe Peninisula and in the Corporation goingpublic transaction in December 2007. Beyond his experience in the oil and gas industry, Mr. Jacob has held senior positions at a number of private companies in the manufacturing sector, both in Canada and abroad. After arriving in Canada in 1992, Mr. Jacob spent several years consulting on various business enterprises to the Neuman family, the owners of GenuNeuman, a large private label textile manufacturing, importexport business dealing with Canada largest retailers. In 1999, Mr. Jacob assisted in the expansion internationally of Jacob Jewelers, a Belgiumbased jewelry business. In 2003 and 2004, Mr. Jacob consulted to the Neuman family on its familyowned Denault Paints, a manufacturer and distributor of architectural paints and industrial coatings, resulting in the successful turnaround. Since 2004, Mr. Jacob has focused his energies on the Corporationrationration. since 2007.
Tenure 18 years
Phone845 656 0184
Webhttps://www.petrolympic.com

Petrolympic Management Efficiency

The company has return on total asset (ROA) of (2.0173) % which means that it has lost $2.0173 on every $100 spent on assets. This is way below average. Petrolympic's management efficiency ratios could be used to measure how well Petrolympic manages its routine affairs as well as how well it operates its assets and liabilities.
Petrolympic has accumulated 40 K in total debt with debt to equity ratio (D/E) of 18.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Petrolympic has a current ratio of 0.08, 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 Petrolympic until it has trouble settling it off, either with new capital or with free cash flow. So, Petrolympic'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 Petrolympic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Petrolympic to invest in growth at high rates of return. When we think about Petrolympic's use of debt, we should always consider it together with cash and equity.

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Petrolympic Ltd. engages in the acquisition, exploration, and development of gold, petroleum, and natural gas properties in the United States and Canada. Further, the company has an agreement to acquire 100 percent interest in the Belcourt Gold property comprising 125 claims covering an area of 5,479 hectares situated near Val dOr, Quebec and the Rayon dOr gold property that consists of two contiguous claims covering an area of 285.9 acres located in the east of the Val dOr mining camp, Quebec. Petrolympic is traded on OTC Exchange in the United States. Petrolympic [PCQRF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Petrolympic Leadership Team

Elected by the shareholders, the Petrolympic's board of directors comprises two types of representatives: Petrolympic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Petrolympic. The board's role is to monitor Petrolympic's management team and ensure that shareholders' interests are well served. Petrolympic'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, Petrolympic's outside directors are responsible for providing unbiased perspectives on the board's policies.
Adam LLB, Co Sec
Andreas Jacob, VP and Director
Mendel Ekstein, CEO and President Director and Member of Disclosure Policy Committee
Alain Fleury, COO, Director, Member of Disclosure Policy Committee, Member of Audit Committee and Member of Compensation Committee
ACIS BComm, Chief Officer

Petrolympic 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 Petrolympic 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 Petrolympic Pink Sheet

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