Larry Timlick - CounterPath Independent Director

Director

Mr. Larry Timlick is Independent Director of CounterPath Corporationration, since June 17, 2005. Mr. Timlick has extensive knowledge of the enterprise and service provider markets with over 25 years of technical sales and management experience and was a director of our company since June 17, 2005. Mr. Timlick is Regional Sales Leader Western Canada at Avaya Inc. Prior to this, Mr. Timlick was Regional Sales Leader Western Canada for Arista Networks, a provider of cloud networking solutions for large data center and computing environments since November, 2011. Mr. Timlick acted as interim President of our company from June 2005 to August 2005. From 1991 to 2004, Mr. Timlick was with Cisco Systems Canada. While with Cisco Systems Canada, Mr. Timlick was responsible for developing a sales region for TELUS, a major telecommunications carrier in Canada, which was named Region of the Year, Americas International in FY 2004. Mr. Timlick was recognized for the following achievements at Cisco Systems including Top Americas International Performer Regional Manager FY 2000 Highest Regional Percentage of Goal Americas International FY 2000 Top Canadian Regional Performance FY 2001 Western Region Service Providers and Top Customer Satisfaction Americas International FY 2002. As the first Cisco Systems employee in Western Canada, Mr. Timlick expanded the business and opened offices in Vancouver, Calgary, Edmonton, Regina and Winnipeg. Mr. Timlick has also held management positions with ATT Canada and TelexTulsa Computer Products. Mr. Timlick is also a director of Para Resources Inc. and Sora Capital Corporationration since 2005.
Age 60
Tenure 19 years
Phone604 320 3344
Webhttp://www.counterpath.com
Timlick is also a director of Kensington Court Ventures Inc., a publicly traded investment vehicle. Our Board has determined that Mr. Timlick should serve on the Board as a director of our company based on his extensive knowledge of enterprise and service provider markets, as well as his experience in the network equipment provider industry including Cisco Systems, Arista and Avaya.

CounterPath Management Efficiency

The company has return on total asset (ROA) of 4.95 % which means that it generated a profit of $4.95 on every $100 spent on assets. This is normal as compared to the sector avarege. Similarly, it shows a return on stockholder's equity (ROE) of 24.72 %, meaning that it created $24.72 on every $100 dollars invested by stockholders. CounterPath's management efficiency ratios could be used to measure how well CounterPath manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 2.58 M in liabilities with Debt to Equity (D/E) ratio of 0.64, which is about average as compared to similar companies. CounterPath has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist CounterPath until it has trouble settling it off, either with new capital or with free cash flow. So, CounterPath'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 CounterPath sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CounterPath to invest in growth at high rates of return. When we think about CounterPath's use of debt, we should always consider it together with cash and equity.

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CounterPath Corporation designs, develops, and sells software and services that enable enterprises and telecommunication service providers to deliver unified communications services over Internet protocol based networks in North America and internationally. The company was founded in 2002 and is headquartered in Vancouver, Canada. Counterpath Corp operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 72 people. CounterPath (CPAH) is traded on NASDAQ Exchange in USA and employs 72 people.

Management Performance

CounterPath Leadership Team

Elected by the shareholders, the CounterPath's board of directors comprises two types of representatives: CounterPath inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CounterPath. The board's role is to monitor CounterPath's management team and ensure that shareholders' interests are well served. CounterPath'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, CounterPath's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bruce Joyce, Director
Christopher Cooper, Independent Director
Donovan Jones, CEO and President and Director
David Karp, CFO, Treasurer, Corporate Secretary
Owen Matthews, Independent Vice Chairman of the Board
Larry Timlick, Independent Director
Terence Matthews, Independent Chairman of the Board
Todd Carothers, Executive Vice President of Sales and Marketing

CounterPath Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CounterPath 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 CounterPath

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 CounterPath 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 CounterPath will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the CounterPath information on this page should be used as a complementary analysis to other CounterPath's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Other Consideration for investing in CounterPath Stock

If you are still planning to invest in CounterPath check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CounterPath's history and understand the potential risks before investing.
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