Jeffrey Lococo - Parks America Director

PRKA Stock  USD 0.43  0.01  2.27%   

Director

Mr. Jeffrey Lococo is Secretary and Director of Parks America, Inc. He was appointed Secretary of the Company on January 27, 2011 and was a Director of the Company since May 2006. In 2000, Mr. Lococo joined Great Wolf Resorts Inc. as General Manager of Great Wolf Lodge Sandusky, Ohio. In 2005, Mr. Lococo was appointed Corporationrationrate Vice President of Resort Operations for all Great Wolf Lodge Resorts. In this capacity, he was responsible for overseeing seven properties. Mr. Lococo has twentyfive years of experience in the entertainment and hospitality industry. since 2011.
Age 66
Tenure 13 years
Phone706 663 8744
Webhttps://animalsafari.com

Parks America Management Efficiency

The company has return on total asset (ROA) of 0.0384 % which means that it generated a profit of $0.0384 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0486 %, meaning that it created $0.0486 on every $100 dollars invested by stockholders. Parks America's management efficiency ratios could be used to measure how well Parks America manages its routine affairs as well as how well it operates its assets and liabilities.
Parks America currently holds 4.23 M in liabilities with Debt to Equity (D/E) ratio of 0.37, which is about average as compared to similar companies. Parks America has a current ratio of 3.39, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Parks America until it has trouble settling it off, either with new capital or with free cash flow. So, Parks America'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 Parks America sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Parks to invest in growth at high rates of return. When we think about Parks America's use of debt, we should always consider it together with cash and equity.

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America, Inc., through its subsidiaries, engages in acquiring, developing, and operating local and regional theme parks and attractions in the United States. The company was formerly known as Great American Family Parks, Inc. and changed its name to Parks Parks America operates under Leisure classification in the United States and is traded on OTC Exchange. It employs 55 people. Parks America [PRKA] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Parks America Leadership Team

Elected by the shareholders, the Parks America's board of directors comprises two types of representatives: Parks America inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Parks. The board's role is to monitor Parks America's management team and ensure that shareholders' interests are well served. Parks America'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, Parks America's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lisa Brady, Pres CEO
Jeffrey Lococo, Secretary, Director, Member of Audit Committee and Member of Compensation Committee
Michael Newman, Chief Officer
Todd White, CFO and Director
Mark Whitfield, Ex VP

Parks 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 Parks America 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 Parks Pink Sheet

Parks America financial ratios help investors to determine whether Parks 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 Parks with respect to the benefits of owning Parks America security.