Joey Jung - 1st Prestige Vice President CTO

FPWM Stock  USD 0  0.00  0.00%   

President

Mr. Jung was Chief Technology Officer of Power Technology since November 21, 2004. From June of 2000 to November 2004, he was employed as a Senior Research Scientist specializing in battery and fuel cell technology by Vizon SciTec Inc. in Vancouver, Canada. From 1997 through 2000 he was employed as a Graduate Research Assistant in the Chemical Engineering Department at the University of British Columbia in Vancouver, Canada. From 1995 to 1996, he was the lead teaching assistant of the Department of Chemical Engineering, Chinese Culture University, Taipei, Taiwan. Mr. Jung graduated from Chinese Culture University with a B.Sc. degree in chemical engineering specialized in 1994, and in 2000 graduated from the University of British Columbia with a M.A.Sc. degree in Chemical Engineering specializing in electrochemical engineering. Mr. Jung is fluent in English, and in both the Mandarin and Cantonese Chinese dialects. On October 30, 2004, Power Technology entered into an employment agreement with Mr. Jung to retain Mr. Jung as an executive through November 21, 2006. On February 26, 2007, the Company executed an Employment Agreement with Mr. Jung to retain Mr. Jung as an executive through November 30, 2008 since 2004.
Age 38
Tenure 20 years
Phone843 410 3931
Webhttps://www.charlestownepremiumbeverages.com
Jung is a coinventor of Power Technology battery technology and is primarily responsible for Power Technology research and product development.

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.