BNET Industries

B.H.I.T. Inc.

Last Fiscal Year Sales:$47.6K
  • Public
  • US
Dow Jones Description

B.H.I.T. Inc. (the ?Company?) was originally organized under the laws of the State of Massachusetts pursuant to a Declaration of Trust filed March 19, 1985, under the name VMS Hotel Investment Trust, for the purpose of investing in mortgage loans. The Company was subsequently reorganized as a Delaware corporation on March 13, 1987. The Company changed its name from Banyan Hotel Investment Fund to B.H.I.T. Inc. in 1998. BUSINESS OPERATIONS AND HISTORY The Company?s current operations relate primarily to servicing its cash investment portfolio and seeking profitable investments including mortgage loans for its available funds. The business of the Company is not seasonal and the Company has no foreign or export business. The Company does not segregate revenue or assets by geographical region because such presentation would not be material to an understanding of the Company?s business taken as a whole. The Company was originally established to invest in mortgage loans principally to entities affiliated with VMS Realty Partners. These loans were collateralized by hotel and resort properties.

Board Director
James A. Lash
Contact Information

2255 Glades Road

Suite 342-W

Boca Raton, Florida 33431

2167375000

NAICS Code : 525930

Recent Events

  • Updates from Alstom, Skanska, B.H.I.T and MATECH

    9/10/09 - Merger / Acquisition - View Story

News & Analysis

b.h.i.t. inc. - All News and Analysis

Board of Directors

Name (plus bio) Position
James A. Lash Board Director

(Director since 2002) Chairman of Manchester Principal LLC (high technology venture capital firm) since 1982. Former First Selectman, Greenwich, Connecticut from 2003 to 2007. Mr. Lash also served as Chairman and Chief Executive Officer of Reading Tube Corporation from 1982 to 1996. He is a director of Ivy Animal Health, Inc., and East West Institute and a trustee of the Massachusetts Institute of Technology.

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Baker Hughes Incorporated Audit, Ethics Committee Member Current
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Executive News

  • 7 Greenwich Police Officers Charge Bias in a Federal Suit

    New York Times - 6/07/06 - View Story

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     BHIT $0.32 0.00 (0.00% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 7,633
Shares Outstanding -
Market Cap -
Year High 0.43
Year Low 0.13
Earnings Per Share -0.03
P/E Ratio -10.67
Dividend N/A
Yield N/A
IndustryTop Rated