|Infinite Group Inc -- USA Stock|| |
USD 0.0249 0.0049 24.50%
Mr. Donald W. Reeve is Director of the Company. He was the principal partner at ReTech Services, LLC, a management consulting practice since January 2013. Since August 2013, Mr. Reeve was providing consulting services to us on a part time basis without cash compensation. Previously, Mr. Reeve was Senior Vice President and Chief Information Officer for Wegmans Food Markets, Inc. from May 1986 until his retirement in August 2012. In that position, he managed an information technology staff of approximately 300 professionals with responsibilities for development, application and support services of computer technology. Prior to May 1986 and since 1970, he held various positions of increasing responsibility for Wegmans. He attended Monroe Community College and SUNY Empire State College, earned an associate degree at Rochester Business Institute and is a veteran of the U.S. Army. Mr. Reeve brings to the Board the experience of managing the IT requirements for a growing company in a competitive environment. Mr. Reeve provides strategic guidance to the Board and our management as we continue to enter various commercial IT markets. He provided us with a 400, 000 line of credit in December 2014.
Age: 67 Director Since 2013
The company has return on total asset (ROA)
of (42.37) %
which means that it has lost $42.37 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE)
of (4.6) %
meaning that it created substantial loss on money invested by shareholders.
The company currently holds 2.97 M in liabilities. Infinite Group Inc has Current Ratio of 0.1 indicating that it has a negative working capital and may not be able to pay financial obligations when they are due.
Infinite Group, Inc. provides managed information technology and virtualization services, and develops and provides cybersecurity tools and solutions to private businesses and government agencies in the United States. Infinite Group, Inc. was founded in 1986 and is headquartered in Pittsford, New York. Infinite operates under Technical Services classification in USA and traded on OTC Market exchange. It employs 62 people.Infinite Group Inc (IMCI) is traded on OTC Market in USA. It is located in NEW YORK, U.S.A and employs 62 people. Infinite is listed under Business Services category by Fama And French industry classification.