Bernard Walter - 1st Prestige Chairman

FPWM Stock  USD 0  0.0001  10.00%   

Chairman

Mr. Bernard J. Walter is Chairman of the Board, President, Treasurer, Secretary of Power Technology, Inc. Effective July 6, 2004, Mr. Walter executed an employment agreement with Power Technology, and the Board of Directors appointed Mr. Walter to be the Chief Executive Officer, President, Treasurer and Secretary of Power Technology. From 2000 to July of 2004, Mr. Walter was the General Counsel and a business and technical consultant to LFF Systems, Inc., a private roofing supply products company. From 2000 to December of 2004, Mr. Walter was a director, Vice President and General Counsel to eSimulation, Inc., a private technology development company that provides web based, online, process optimization systems for the operation of chemical and gas processing plants. From 1973 until his employment by Power Technology, Mr. Walter had been a practicing attorney in the State of Texas since 2011.
Age 75
Tenure 13 years
Phone843 410 3931
Webhttps://www.charlestownepremiumbeverages.com
Walter graduated from the University of St. Thomas with a B.A. degree in 1970, and graduated from the University of Houston Law Center with a J.D. degree in 1973.

1st Prestige Management Efficiency

The company has return on total asset (ROA) of (1.6384) % which means that it has lost $1.6384 on every $100 spent on assets. This is way below average. 1st Prestige's management efficiency ratios could be used to measure how well 1st Prestige manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 190 K in liabilities with Debt to Equity (D/E) ratio of 0.86, which is about average as compared to similar companies. 1st Prestige Wealth has a current ratio of 0.07, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist 1st Prestige until it has trouble settling it off, either with new capital or with free cash flow. So, 1st Prestige'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 1st Prestige Wealth sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for 1st to invest in growth at high rates of return. When we think about 1st Prestige's use of debt, we should always consider it together with cash and equity.

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Charlestowne Premium Beverages Inc. develops, produces, markets, and distributes alcoholic beverages worldwide. Charlestowne Premium Beverages Inc. is based in Charleston, South Carolina. 1st Prestige operates under BeveragesWineries Distilleries classification in the United States and is traded on OTC Exchange. 1st Prestige Wealth [FPWM] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

1st Prestige Wealth Leadership Team

Elected by the shareholders, the 1st Prestige's board of directors comprises two types of representatives: 1st Prestige inside directors who are chosen from within the company, and outside directors, selected externally and held independent of 1st. The board's role is to monitor 1st Prestige's management team and ensure that shareholders' interests are well served. 1st Prestige'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, 1st Prestige's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Hopwood, Director
Bernard Walter, Chairman and President CFO, Principal Accounting Officer, Treasurer, Secretary and Member of Stock Plan Committee
Bryson Farrill, Director
Joey Jung, Vice President CTO
Kara Guire, Chief Executive officer
P MASc, Chief VP

1st 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 1st Prestige 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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Please note, there is a significant difference between 1st Prestige's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1st Prestige is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1st Prestige'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.