LQWD Technologies Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Shone Anstey

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.5yrs
CEO ownership	7.7%
Management average tenure	8yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shone Anstey's remuneration changed compared to LQWD Technologies's earnings?
Date	Total Compensation	Salary	Company Earnings
Nov 30 2023	n/a	n/a	-CA$1m
Aug 31 2023	n/a	n/a	-CA$4m
May 31 2023	n/a	n/a	-CA$6m
Feb 28 2023	n/a	n/a	-CA$10m
Nov 30 2022	n/a	n/a	-CA$27m
Aug 31 2022	n/a	n/a	-CA$28m
May 31 2022	n/a	n/a	-CA$26m
Feb 28 2022	CA$58k	CA$58k	-CA$23m

Compensation vs Market: Insufficient data to establish whether Shone's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Insufficient data to compare Shone's compensation with company performance.

CEO

Shone Anstey (50 yo)

4.5yrs

Tenure

Mr. Shone Anstey served as Independent Director of MCX Technologies Corporation since January 27, 2022 until September 30, 2022. He Co-Founded BIGG Digital Assets Inc. and served as its Executive Chairman...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shone Anstey	CEO & Chairman	no data	no data	7.75% CA$ 717.2k
Barry A. MacNeil	Chief Financial Officer	11.1yrs	CA$57.00k	0.056% CA$ 5.2k
Giuseppe Perone	Corporate Secretary & Director	11.8yrs	CA$57.00k	0.055% CA$ 5.1k
Aziz Pulatov	Chief Technology Officer	1.8yrs	no data	0.19% CA$ 17.5k
Stephanie Yoneda	Controller	5yrs	no data	no data

8.0yrs

Average Tenure

50yo

Average Age

Experienced Management: LQWD's management team is seasoned and experienced (8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Shone Anstey	CEO & Chairman	4.5yrs	no data	7.75% CA$ 717.2k
Giuseppe Perone	Corporate Secretary & Director	6.6yrs	CA$57.00k	0.055% CA$ 5.1k
Alex Guidi	Independent Director	1.1yrs	no data	6.7% CA$ 620.0k
Ashley Garnot	Independent Director	12.5yrs	CA$85.00k	0.16% CA$ 15.3k
Diana Evans	Independent Director	4.5yrs	no data	2.15% CA$ 199.5k

4.5yrs

Average Tenure

50yo

Average Age

Experienced Board: LQWD's board of directors are considered experienced (4.5 years average tenure).

LQWD Technologies Management

Management criteria checks 2/4

Key information

Recent management updates

LQWD Technologies Corp., Annual General Meeting, Oct 25, 2023

Insufficient new directors

LQwD Fintech Corp. Announces Management Changes

LQwD FinTech Corp., Annual General Meeting, Aug 24, 2022

Insufficient new directors

LQwD FinTech Corp. Announces the Resignation of Peter Loretto as an Independent Director

Recent updates

LQWD Technologies Corp. Updates Bitcoin Lightning Network Operations

New major risk - Share price stability

LQWD Technologies Corp. announced that it has received CAD 0.65 million in funding

LQWD Technologies Corp. announced that it expects to receive CAD 0.65 million in funding

New major risk - Financial position

New major risk - Share price stability

LQWD Technologies Corp., Annual General Meeting, Oct 25, 2023

Full year 2023 earnings released: CA$0.99 loss per share (vs CA$3.28 loss in FY 2022)

LQwD FinTech Corp. announced that it has received CAD 0.88195 million in funding

Third quarter 2023 earnings released: CA$0.095 loss per share (vs CA$0.22 loss in 3Q 2022)

LQwD Fintech Releases Version 2 of its Bitcoin Lightning Network Platform

Insufficient new directors

Second quarter 2023 earnings released: CA$0.032 loss per share (vs CA$0.018 loss in 2Q 2022)

First quarter 2023 earnings released: CA$0.039 loss per share (vs CA$0.016 loss in 1Q 2022)

LQwD Fintech Corp. Announces Management Changes

Full year 2022 earnings released: CA$0.33 loss per share (vs CA$0.03 loss in FY 2021)

LQwD Fintech Corp. Announces Launch of Seventeen International Routing Nodes on Lightning Network

LQwD FinTech Corp., Annual General Meeting, Aug 24, 2022

Insufficient new directors

LQwD FinTech Corp. Announces the Resignation of Peter Loretto as an Independent Director

LQwD Fintech Corp. Announces Appointment of Peter Loretto as an Independent Director Replacing Dean Sutton

Insufficient new directors

LQwD FinTech Corp. Deploys New Routing Node in India

LQwD FinTech Corp. Launches Indonesian Lightning Network Routing Node

LQwD FinTech Corp. Launches Key Lightning Network Routing Nodes into International Financial Centers

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Less than half of directors are independent

Second quarter 2022 earnings released: CA$0.018 loss per share (vs CA$0.008 loss in 2Q 2021)

Chairman & CEO recently bought CA$100k worth of stock

Full year 2021 earnings released: CA$0.03 loss per share (vs CA$0.076 loss in FY 2020)

LQwD FinTech Corp. (TSXV:LQWD) completed the acquisition of LQwD Financial Corp. from Shone Anstey, Dean Sutton, Kim Evansfor, Albert Szmigielski and other 12 shareholders.

Interlapse Technologies Corp. announced that it has received CAD 5 million in funding

CEO Compensation Analysis

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age