Anthony Havens - Sparta Commercial Founder, Chairman, CEO and Pres

SRCO Stock  USD 0.17  0.05  22.73%   

Chairman

Mr. Anthony L. Havens is Chairman of the Board, President, Chief Executive Officer, Principal Financial Officer of the Company. He served as acting Chief Financial Officer from July 2005 to September 2006. Mr. Havens resumed serving as acting Chief Financial Officer on January 31, 2016, upon the resignation of Anthony Adler. Mr. Havens served as the Managing Member and Chief Executive Officer of our predecessor entity, Sparta Commercial Services, LLC, since its inception in 2001 until its dissolution in February 2006. He is involved in all aspects of Spartas operations, including providing strategic direction, and developing sales and marketing strategies. From 1994 to 2004, Mr. Havens was Chief Executive Officer and a director of American Motorcycle Leasing Corporationration He cofounded American Motorcycle Leasing Corporationration in 1994, and developed its operating platform and leasing program to include a portfolio, which includes both prime and subprime customers since 2004.
Age 69
Tenure 20 years
Phone212 239 2666
Webhttps://www.spartacommercial.com
Havens has over 20 years of experience in finance and investment banking.

Sparta Commercial Management Efficiency

The company has return on total asset (ROA) of (20.5556) % which means that it has lost $20.5556 on every $100 spent on assets. This is way below average. Sparta Commercial's management efficiency ratios could be used to measure how well Sparta Commercial manages its routine affairs as well as how well it operates its assets and liabilities.
Sparta Commercial Services currently holds 432.4 K in liabilities. Debt can assist Sparta Commercial until it has trouble settling it off, either with new capital or with free cash flow. So, Sparta Commercial'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 Sparta Commercial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sparta to invest in growth at high rates of return. When we think about Sparta Commercial's use of debt, we should always consider it together with cash and equity.

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Sparta Commercial Services, Inc., a technology company, develops, markets, and manages business websites and mobile applications for smartphones and tablets under the iMobileApp name. The company was incorporated in 1980 and is headquartered in New York, New York. Sparta Comm operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 5 people. Sparta Commercial Services [SRCO] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Sparta Commercial Leadership Team

Elected by the shareholders, the Sparta Commercial's board of directors comprises two types of representatives: Sparta Commercial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sparta. The board's role is to monitor Sparta Commercial's management team and ensure that shareholders' interests are well served. Sparta Commercial'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, Sparta Commercial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Anthony Havens, Founder, Chairman, CEO and Pres
Sandra Ahman, VP of Operations, Secretary and Director

Sparta 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 Sparta Commercial 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.

Pair Trading with Sparta Commercial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sparta Commercial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sparta Commercial will appreciate offsetting losses from the drop in the long position's value.

Moving against Sparta Pink Sheet

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The ability to find closely correlated positions to Sparta Commercial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sparta Commercial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sparta Commercial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sparta Commercial Services to buy it.
The correlation of Sparta Commercial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sparta Commercial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sparta Commercial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sparta Commercial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Sparta Pink Sheet

Sparta Commercial financial ratios help investors to determine whether Sparta Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sparta with respect to the benefits of owning Sparta Commercial security.