Basanite Company Description
Basanite, Inc., through its subsidiary Basanite Industries, LLC, manufactures and sells basalt fiber reinforced polymer (FRP) products for the construction industry worldwide.
The company offers BasaFlex, a basalt FRP reinforcing bar; BasaMix, which are fine denier basalt fibers; and BasaMesh, a line of basalt geogrid mesh rolls to replace welded wire mesh.
Its basalt FRP products are used for concrete reinforcement and steel reinforcement, as well as a replacement for other FRP rebar and industry established fiber products.
The company 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 headquartered in Pompano Beach, Florida.
| Country | United States |
| Founded | 2006 |
| Industry | Building Materials |
| Sector | Materials |
| Employees | 2 |
| CEO | Michael Nelson |
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 |
|---|---|
| Michael Dennis Nelson | Chief Executive Officer |
| Jacqueline Placeres | Chief Financial Officer, Treasurer and Secretary |
| Frederick Henry Tingberg Jr. | Chief Technology Officer and Director |
| Michael Giorgi | Interim Chief Growth Officer |