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Basanite, Inc. (BASA)

OTC Markets OTCQB - OTC Markets OTCQB Delayed Price. Currency in USD
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0.01000.0000 (0.00%)
At close: 11:26AM EDT

Basanite, Inc.

2041 NW 15th Avenue
Pompano Beach, FL 33069
United States
954 532 4653

Sector(s)Basic Materials
IndustryBuilding Materials
Full Time Employees2

Key Executives

NameTitlePayExercisedYear Born
Mr. Ronald J. LoRicco Sr., Esq.Acting Interim Chief Executive Officer & Chairman of the BoardN/AN/A1965
Ms. Jacqueline PlaceresActing Interim CFO, Treasurer & Secretary175kN/A1981
Mr. Frederick Henry Tingberg Jr.CTO & DirectorN/AN/A1959
Mr. Michael GiorgiInterim Chief Growth OfficerN/AN/A1975
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


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.

Corporate Governance

Basanite, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.