Richard Pertile - Acacia Diversified Chairman

ACCA Stock  USD 0.0001  0.00  0.00%   

Chairman

Mr. Richard K. Pertile is Director, Chairman of the Board, President and Chief Executive Officer, Chief Financial Officer of the company, Pertile served as President and Chief Executive Officer of MariJ Agricultural, Inc. He founded JR Cannabis Industries, CannaTags, and CannaCures RD in Clearwater Florida where he began building a medical cannabis consortium. Born, raised and educated in the Chicago area, he successfully operated his own restaurants, hotel and nightclub. Relocating to Pinellas County, Florida in 1989, Mr. Pertile joined Cornerstone Marketing of America, a subsidiary of United Insurance Companies, quickly being promoted to Executive VicePresident with responsibility for building its nationwide outside sales team. By the end of 2003, Mr. Pertile achieved yearoveryear compounded growth of 30, generating more than 1 billion in sales through 8, 000 independent contractors in 40 states. After retiring in 2004, he turned his attention to philanthropy work in helping build a workout facility with the Juvenile Protection Services Program of Florida. From 2006 to 2010, after reentering the business sector, he became President and Chief Marketing Officer of Independent Producers of America, a small Texas corporation he lead to becoming a publicly traded company on the Nasdaq Exchange. Again turning his attention to philanthropies in 2010, he formed the Pertile Family Foundation and was appointed to the Board of Directors of the Tampa Chapter of the American Diabetes Association where he concentrated his fundraising activities. Mr. Pertile earned degrees in Business Management and Wastewater Engineering from the College of Lake County, Illinois, and trained under such recognized business leaders as Zig Ziglar, Dr. David Cook, Dr. Rick Jernigan, Brian Flanagan, and Brian Tracy. Mr. Pertile resides in Florida with his wife of 27 years, Debbie. They have two sons, both residing in Florida. since 2016.
Age 55
Tenure 8 years
Professional MarksPh.D
Phone727 678 4420
Webhttps://www.acaciadiversifiedholdings.com
Pertile earned degrees in Business Management and Wastewater Engineering from the College of Lake County Illinois, and trained under such recognized business leaders as Zig Ziglar, Dr. David Cook, Dr. Rick Jernigan, Brian Flanagan, and Brian Tracy.

Acacia Diversified Management Efficiency

The company has return on total asset (ROA) of (1.2106) % which means that it has lost $1.2106 on every $100 spent on assets. This is way below average. Acacia Diversified's management efficiency ratios could be used to measure how well Acacia Diversified manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 10.86 K in liabilities with Debt to Equity (D/E) ratio of 392.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Acacia Diversified has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Acacia Diversified until it has trouble settling it off, either with new capital or with free cash flow. So, Acacia Diversified'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 Acacia Diversified sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Acacia to invest in growth at high rates of return. When we think about Acacia Diversified's use of debt, we should always consider it together with cash and equity.

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Acacia Diversified Holdings, Inc. engages in the extraction and processing of high-CBDlow-THC content medical grade hemp oils from medical hemp plants in the United States. Acacia Diversified Holdings, Inc. was incorporated in 1984 and is based in Clearwater, Florida. Acacia Diversified operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 5 people. Acacia Diversified Holdings [ACCA] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Acacia Diversified Leadership Team

Elected by the shareholders, the Acacia Diversified's board of directors comprises two types of representatives: Acacia Diversified inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Acacia. The board's role is to monitor Acacia Diversified's management team and ensure that shareholders' interests are well served. Acacia Diversified'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, Acacia Diversified's outside directors are responsible for providing unbiased perspectives on the board's policies.
Weldon Hewitt, Director
Steven Sample, CEO and President Chairman, Member of Primary Committee - Stock Incentive Plan and Member of Nominating Committee
Lisa Smith, Secretary
Danny Gibbs, Director
Neil Gholson, Director
Gary Roberts, Director
M Smith, Sec
Patricia Arnold, Corporate Secretary
Larnell Simpson, VP Director
Kim Edwards, COO, Vice President
Gwendolyn Sample, Assistant Sec
Dan Rigdon, Director
Jeffery Bearden, Chief Officer
Timothy Matthews, Pres Director
Richard Pertile, Chairman, CEO and President Member of Nominating Committee and Member of Primary Committee - Stock Incentive Plan
Richard Paula, Director

Acacia 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 Acacia Diversified 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.

Pair Trading with Acacia Diversified

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Acacia Diversified position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Acacia Diversified will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Acacia Diversified could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acacia Diversified when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Acacia Diversified - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Acacia Diversified Holdings to buy it.
The correlation of Acacia Diversified is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Acacia Diversified moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acacia Diversified moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Acacia Diversified can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acacia Diversified Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Acacia Diversified information on this page should be used as a complementary analysis to other Acacia Diversified's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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When running Acacia Diversified's price analysis, check to measure Acacia Diversified's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Acacia Diversified is operating at the current time. Most of Acacia Diversified's value examination focuses on studying past and present price action to predict the probability of Acacia Diversified's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acacia Diversified's price. Additionally, you may evaluate how the addition of Acacia Diversified to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Acacia Diversified's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acacia Diversified is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acacia Diversified's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.