Ryan Hamlin - POSaBIT Systems CEO, CoFounder

POSAF Stock  USD 0.08  0.01  7.16%   

Insider

Ryan Hamlin is CEO, CoFounder of POSaBIT Systems Corp
Age 54
Phone855 767 2248
Webhttps://www.posabit.com

POSaBIT Systems Management Efficiency

The company has return on total asset (ROA) of (0.3098) % which means that it has lost $0.3098 on every $100 spent on assets. This is way below average. POSaBIT Systems' management efficiency ratios could be used to measure how well POSaBIT Systems manages its routine affairs as well as how well it operates its assets and liabilities.
POSaBIT Systems Corp has accumulated 134.51 K in total debt with debt to equity ratio (D/E) of 13.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. POSaBIT Systems Corp has a current ratio of 1.56, which is within standard range for the sector. Debt can assist POSaBIT Systems until it has trouble settling it off, either with new capital or with free cash flow. So, POSaBIT Systems' 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 POSaBIT Systems Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for POSaBIT to invest in growth at high rates of return. When we think about POSaBIT Systems' use of debt, we should always consider it together with cash and equity.

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POSaBIT Systems Corporation, a financial technology company, provides block chain-enabled payment processing and point-of-sale systems for cash-only businesses with a focus on the cannabis industry in the United States. Posabit Systems is traded on OTC Exchange in the United States. POSaBIT Systems Corp [POSAF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

POSaBIT Systems Corp Leadership Team

Elected by the shareholders, the POSaBIT Systems' board of directors comprises two types of representatives: POSaBIT Systems inside directors who are chosen from within the company, and outside directors, selected externally and held independent of POSaBIT. The board's role is to monitor POSaBIT Systems' management team and ensure that shareholders' interests are well served. POSaBIT Systems' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, POSaBIT Systems' outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew Sweet, Chief Officer
Oscar Dahl, Chief Staff
Ryan Hamlin, CEO, CoFounder
Jon Baugher, CoFounder
Matthew Fowler, Chief Officer
Laurie Rosini, Chief Officer
Julie Solomon, Chief Officer

POSaBIT Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is POSaBIT Systems 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 POSaBIT OTC Stock

POSaBIT Systems financial ratios help investors to determine whether POSaBIT OTC Stock 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 POSaBIT with respect to the benefits of owning POSaBIT Systems security.