Dominick Sartorio - Millennium Healthcare Chairman and CEO

Chairman

Mr. Dominick Sartorio is Chairman of the Board of the Company. He was Chief Executive Officer of the Company, he was served from 2011 to Present served as Chief Executive Officer of Millennium Healthcare Inc. From 2010 to 2011 Mr. Sartorio served as Chief executive Officer of Millennium Healthcare Solutions Inc. From 2008 until 2010 Mr. Sartorio served as Director of New Business for a Wall Street management consulting firm creating and implementing initiatives for client companies worth up to 550 million in annual sales. During this tenure, Mr. Sartorio was placed as acting CEO of a global technology firm, directing the research and development process, patent approval, product launch, and the negotiation of sales agreements. Prior, Mr. Sartorio cofounded a manufacturing and distribution company maintaining global reach in numerous industries such as medical, chemical and emerging technology markets since 2015.
Age 48
Tenure 9 years
Phone516-628-5500
Webhttp://www.millenniumhcs.com
Sartorio has attended the BSs Program at Farmingdale University. He also has earned an Associates in Electronic Engineering from The Wilson Technological Institute and holds various Certificates in Strategic Sales and Marketing.

Millennium Healthcare Management Efficiency

The company has return on total asset (ROA) of (375.92) % which means that it has lost $375.92 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (9149.6) %, meaning that it created substantial loss on money invested by shareholders. Millennium Healthcare's management efficiency ratios could be used to measure how well Millennium Healthcare manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 4.13 M in liabilities with Debt to Equity (D/E) ratio of 0.54, which is about average as compared to similar companies. Millennium Healthcare 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 Millennium Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, Millennium Healthcare'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 Millennium Healthcare sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Millennium to invest in growth at high rates of return. When we think about Millennium Healthcare's use of debt, we should always consider it together with cash and equity.

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Millennium Healthcare, Inc. operates as a medical device and healthcare support and services company in the United States. Millennium Healthcare, Inc. was founded in 1994 and is based in Melville, New York. Millennium Healthcare is traded on OTC Exchange in the United States. Millennium Healthcare (MHCC) is traded on OTCCE Exchange in USA and employs 6 people.

Management Performance

Millennium Healthcare Leadership Team

Elected by the shareholders, the Millennium Healthcare's board of directors comprises two types of representatives: Millennium Healthcare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Millennium. The board's role is to monitor Millennium Healthcare's management team and ensure that shareholders' interests are well served. Millennium Healthcare'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, Millennium Healthcare's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Perry, COO and Director
Dominick Sartorio, Chairman and CEO
Louis Resweber, CEO
Christopher Amandola, Executive Officer
Marc Pergament, Director
Anthony Urbano, CFO, Principal Financial and Accounting Officer and Director

Millennium Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Millennium Healthcare 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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Check out Correlation Analysis to better understand how to build diversified portfolios. 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 Millennium Healthcare information on this page should be used as a complementary analysis to other Millennium Healthcare'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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Other Consideration for investing in Millennium Stock

If you are still planning to invest in Millennium Healthcare check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Millennium Healthcare's history and understand the potential risks before investing.
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