Basanite Company Description
Basanite, Inc., through its subsidiary, Basanite Industries, LLC, manufactures and sells basalt fiber reinforced polymer (BFRP) reinforcing bar products for the construction industry worldwide.
It provides BasaFlex, a BFRP reinforcing bar; BasaMix, which are fine denier basalt fibers; and BasaMesh, a line of basalt geogrid mesh rolls to replace welded wire mesh.
The company’s BFRP products are used for concrete reinforcement and steel reinforcement, as well as a replacement for other FRP rebar and industry established fiber products.
It sells its products through third-party distribution partners. The company was formerly known as PayMeOn, Inc. and changed its name to Basanite, Inc. in December 2018.
Basanite, Inc. was founded in 2006 and is based in Pompano Beach, Florida.
| Country | United States |
| Founded | 2006 |
| Industry | Building Materials |
| Sector | Materials |
| Employees | 2 |
| CEO | Ronald LoRicco |
Contact Details
Address: 2041 NW 15th Avenue Pompano Beach, Nevada 33069 United States | |
| Phone | 954 532 4653 |
| Website | basaniteindustries.com |
Stock Details
| Ticker Symbol | BASA |
| Exchange | OTCMKTS |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| ISIN Number | US06975Q1004 |
| SIC Code | 2820 |
Key Executives
| Name | Position |
|---|---|
| Ronald J. LoRicco Sr., Esq. | Acting Interim Chief Executive Officer and Chairman of the Board |
| Jacqueline Placeres | Chief Financial Officer, Treasurer and Secretary |
| Frederick Henry Tingberg Jr. | Chief Technology Officer and Director |
| Michael Giorgi | Interim Chief Growth Officer |