Donald Shumka - RIWI Corp Independent Director

RWCRF Stock  USD 0.55  0.02  3.77%   

Director

Mr. Donald Myron Shumka is Independent Director of the Company. Mr. Shumka is a retired executive with more than 40 years of business experience in financial related capacities. For 25 years he held positions of increasing responsibility in the forest industry, including 10 years as the Chief Financial Officer of West Fraser Timber Ltd., one of Canadas largest forest products companies. Subsequently, he was Managing Director of the Global Forest Products Group at CIBC World Markets and Raymond James Ltd. Mr. Shumka currently sits on the boards of Eldorado Gold Corporationration, Paladin Energy Ltd. and Alterra Power Corporationration He has also been active in the notforprofit sector serving on the boards of the British Columbia Arts Council, Emily Carr University and Ballet British Columbia since 2015.
Age 75
Tenure 9 years
Professional MarksMBA
Phone416 205 9984
Webhttps://www.riwi.com
Shumka holds a Bachelor of Arts degree from the University of British Columbia and a MBA from Harvard University

RIWI Corp Management Efficiency

The company has return on total asset (ROA) of (0.2439) % which means that it has lost $0.2439 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3582) %, meaning that it generated substantial loss on money invested by shareholders. RIWI Corp's management efficiency ratios could be used to measure how well RIWI Corp manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 47.29 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. RIWI Corp has a current ratio of 7.8, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist RIWI Corp until it has trouble settling it off, either with new capital or with free cash flow. So, RIWI Corp'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 RIWI Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for RIWI to invest in growth at high rates of return. When we think about RIWI Corp's use of debt, we should always consider it together with cash and equity.

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RIWI Corp. operates as a trend-tracking and prediction technology firm in the United States, Canada, Europe, and internationally. RIWI Corporation was incorporated in 2009 and is headquartered in Toronto, Canada. RIWI CORP is traded on OTC Exchange in the United States. RIWI Corp [RWCRF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

RIWI Corp Leadership Team

Elected by the shareholders, the RIWI Corp's board of directors comprises two types of representatives: RIWI Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RIWI. The board's role is to monitor RIWI Corp's management team and ensure that shareholders' interests are well served. RIWI Corp'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, RIWI Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Greg Wong, Chief Officer
Bob Seeman, Director
Eric Meerkamper, Senior Vice President Global Head, Citizen Engagement
Kevin Mahoney, Lead Independent Director
Jason Cho, Head Operations
Neil Seeman, Chairman of the Board and Presidentident, CEO
Annette Cusworth, Independent Director
Robert Pirooz, Independent Director
Alton Ing, Chief Officer
Amber Schaefer, Corporate Secretary
Kenneth Adelman, Independent Director
Donald Shumka, Independent Director
BA JD, Pres Founder
Richard Perle, Independent Director
Danielle Goldfarb, Head, Global Research
Daniel Im, CFO

RIWI 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 RIWI Corp 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards RIWI Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, RIWI Corp's short interest history, or implied volatility extrapolated from RIWI Corp options trading.

Currently Active Assets on Macroaxis

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RIWI Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running RIWI Corp's price analysis, check to measure RIWI Corp'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 RIWI Corp is operating at the current time. Most of RIWI Corp's value examination focuses on studying past and present price action to predict the probability of RIWI Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RIWI Corp's price. Additionally, you may evaluate how the addition of RIWI Corp to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between RIWI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if RIWI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RIWI Corp'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.