BNET Industries
Market Cap:$133.2K
- Public
- US
Dow Jones Description
The Company was incorporated under the laws of the State of Minnesota on January 18, 1968. The Company has not been subject to any bankruptcy, receivership or similar proceedings. The Company was engaged in the manufacture and sale of electronic instrumentation. The Company sold substantially all of its operating assets during the two fiscal years of 1998 and 1999 and in the fiscal year 2000 made sales of residual seismic product inventory on hand and interest income. In the fiscal years 2004 and 2005, the business was commercially inactive. In June 1998, Bison sold its seismic product lines, and in November 1998, Bison sold its Airport Runway Friction Measurement System (the ?Mu-Meter?). The sales included the intellectual property and inventory of the product lines. The Company pays a director to administer its corporate affairs and monitor residual business matters. During the year the Company paid $4,650 to this director for these services. An affiliate of Andus Inc., the majority shareholder, provides management and accounting services at no charge to the Company.
Contact Information
5610 Rowland Road
Minneapolis, Minnesota 55343-8956
Peer Companies
NAICS Code Miscellaneous Intermediation: 523910
News & Analysis
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bison instruments inc. - All News and Analysis
GeoScience Corporation Announces That Its Innovative Transducers Subsidiary Acquires Assets From Bison Instruments
HOUSTON--BUSINESS WIRE--June 9, 1998--GeoScience Corporation (Nasdaq:GSCI) today announced that its Innovative Transducers Inc. ITI subsidiary acquired the assets and intellectual property of Bison Instruments Inc. seismograph product line. The assets acquired are digital seismic recording systems used in academia studies, land/marine exploration, and engineering applications. Sam Bull, President of ITI...
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