Howard Thomson - Terrace Ventures Insider

Terrace Ventures Inc New -- USA Stock  

USD 0.004  0.00  0.00%

CEO and President CFO, Principal Accounting Officer, Secretary, Treasurer, Director and Member of Audit Committee

Mr. Howard Thomson is President, Chief Executive Officer, Chief Financial Officer, Treasurer, Secretary, Director of Terrace Ventures Inc., since January 16, 2006. He has served as President, Secretary, Treasurer, Chief Executive Officer and Chief Financial Officer since January 16, 2006. Mr. Thomson was employed from 1981 to 1998 in senior management positions with the Bank of Montreal, including five years as Branch Manager, four years as Regional Marketing Manager and five years as Senior Private Banker
Age: 66  CEO Since 2006      
Thomson retired from the Bank of Montreal in 1998. From February 1999 to August 2006, Mr. Thomson served as a director and officer of Royalite Petroleum Company Inc., a public company quoted on the OTC Bulletin Board, engaged in the acquisition and exploration of oil and gas properties. Since February 16, 2008, Mr. Thomson has served as the sole executive officer and sole director of Greenlite Ventures Inc., a public company quoted on the OTC Bulletin Board, engaged in the exploration of mineral properties.

Management Efficiency

The company has return on total asset (ROA) of (735.19) % which means that it has lost $735.19 on every $100 spent on asset. This is way below average.
The company currently holds 62.02 K in liabilities. Terrace Ventures Inc New has Current Ratio of 0.04 indicating that it has a negative working capital and may not be able to pay financial obligations when they are due.

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Entity Summary

Terrace Ventures Inc., an exploration stage company, acquires, explores for, and develops mineral properties in the United States. The company was founded in 2001 and is based in Blaine, Washington. Terrace Ventures is traded on BATS Exchange in USA.Terrace Ventures Inc New [TVER] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

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