Inactive Instrument

Company Basanite Inc. Other OTC

Equities

BASA

US06975Q1004

Construction & Engineering

Business Summary

Basanite, Inc. manufactures a range of green, sustainable, non-corrosive, lightweight, composite products used in concrete reinforcement by the construction industry. The Company’s core product includes BasaFlex, a basalt fiber-reinforced polymer (BFRP) reinforcing bar known as rebar. Its BasaMix products are fine denier basalt fibers available in various chopped sizes. BasaMix is designed to help absorb the stresses associated with early-aged plastic shrinkage and settlement cracking in concrete, as well as provides an increased toughness for enhanced reinforcement in Slab on Grade (SOG) and precast elements. BasaMix also serves in a system approach for optimum performance of a concrete element when used in conjunction with its BasaFlex rebar. Its BasaMesh is a line of Basalt Geogrid Mesh Rolls. BasaMesh is designed for secondary and temperature shrinkage reinforcement. BasaMesh can also work in conjunction with the BasaFlex rebar or BasaMix for a total reinforcement program.

Sales per Business

USD in Million2022Weight2023Weight Delta
Basalt Fiber Reinforced Polymers
100.0 %
1 100.0 % 0 100.0 % -72.27%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
1 100.0 % 0 100.0 % -72.27%

Managers

Managers TitleAgeSince
Chief Executive Officer 59 17-03-05
Director of Finance/CFO 44 20-12-31
Chief Tech/Sci/R&D Officer 66 21-12-09
Chief Operating Officer - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 17-04-10
Director/Board Member 56 22-08-08
Chief Executive Officer 59 17-03-05
Director/Board Member 56 20-08-31
Director/Board Member 62 21-12-09
Chief Tech/Sci/R&D Officer 66 21-12-09

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 260,156,796 200,165,781 ( 76.94 %) 0 76.94 %

Shareholders

NameEquities%Valuation
Rvrm Holdings LLC
16.65 %
43,143,643 16.65 % 517 724 $
5,584,493 2.155 % 67 014 $
1,000,000 0.3859 % 12 000 $
639,660 0.2468 % 7 676 $
Bard Financial Services, Inc.
0.0571 %
148,000 0.0571 % 1 776 $
Kendall Capital Management, Inc.
0.0120 %
31,000 0.0120 % 372 $
10,000 0.003859 % 120 $
Adam Falkoff
0.000000 %
0 0.000000 % - $
0 0.000000 % - $

Company contact information

Basanite, Inc.

2041 NW 15th Avenue

33069, Pompano Beach

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http://www.basaniteindustries.com
address Basanite Inc.(BASA)