Mark Conte - UPD Holding President CEO, Director

UPDC Stock  USD 0.0002  0.00  0.00%   

CEO

Mr. Mark W. Conte is President, Chief Executive Officer and Director of the Company. Mr. Conte is a business professional and entrepreneur in Reno, Nevada with over 25 years of experience in marketing and operations in the health, nutraceutical, technology, agricultural sciences, and banking industries. Mr. Conte is a co founder and currently serves as President of iMetabolic Corporationration Formerly, Mr. Conte was a cofounder and coManaging Member of International Metabolic Institute LLC, which developed the iMetabolic brand and initial line of dietary and nutraceutical products. Prior thereto, Mr. Conte was a Partner in 1Globe Wireless, Inc. the B2B Sales Manager for ATT Wireless Managing Director and Manager of Operations for Perten Instruments Vice President of Marketing for AIQ Systems, Inc. and as a Corporationrationrate Banking Specialist and Foreign Exchange Representative for Valley Bank of Nevada since 2015.
Age 61
Tenure 9 years
Phone775 829 7999
Webhttps://www.updholdings.com
Conte is a graduate of the University of Nevada at Reno with a B.S. in Finance.

UPD Holding Management Efficiency

The company has return on total asset (ROA) of (1.2257) % which means that it has lost $1.2257 on every $100 spent on assets. This is way below average. UPD Holding's management efficiency ratios could be used to measure how well UPD Holding manages its routine affairs as well as how well it operates its assets and liabilities.
UPD Holding Corp currently holds 967.02 K in liabilities. Debt can assist UPD Holding until it has trouble settling it off, either with new capital or with free cash flow. So, UPD Holding'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 UPD Holding Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for UPD to invest in growth at high rates of return. When we think about UPD Holding's use of debt, we should always consider it together with cash and equity.

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Previously, the company was operated in the food and beverage industry in the United States. The company was founded in 2013 and is based in Reno, Nevada. Upd Holding operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 3 people. UPD Holding Corp [UPDC] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading.

Management Performance

UPD Holding Corp Management Team

Elected by the shareholders, the UPD Holding's board of directors comprises two types of representatives: UPD Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of UPD. The board's role is to monitor UPD Holding's management team and ensure that shareholders' interests are well served. UPD Holding'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, UPD Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
Patrick Ogle, G COO
Mark Conte, President CEO, Director
Kevin Pikero, CFO, Treasurer, Secretary, Director

UPD 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 UPD Holding 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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Other Information on Investing in UPD Pink Sheet

UPD Holding financial ratios help investors to determine whether UPD 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 UPD with respect to the benefits of owning UPD Holding security.