BNET Industries
Market Cap:$107.7K
- Public
- US
Dow Jones Description
Until February 28, 2002, the primary business of the Company was the operation and franchising of Arthur Treachers and Pudgies restaurant concepts, as well as the co-branding of these concepts with Nathans Famous, Inc. (Nathans), Miami Subs Corporation (Miami Subs) and Kenny Rogers Roasters (Kenny Rogers). Currently, the Company does not have any existing operations. Plan of Business The Company intends to locate and enter into a transaction with an existing, public or privately-held company that in management's view, has growth potential (a "Target Business"). A transaction with a Target Business may be structured as a merger, consolidation, exchange of the Company's common stock for stock or assets of the Target Business or any other form which will result in the combined enterprise remaining a publicly-held corporation. Acquisitions or business combinations may not be available at the times or on terms acceptable to us, or at all. In addition, acquiring, or combining with, a business involves many risks, including: unforeseen obligations or liabilities; difficulty assimilating the acquired operations and personnel; risks of entering markets in which we have little or no direct prior experience; potential impairment of relationships with employees or customers as a result of changes in management; and Potential dilutive issuances of equity, large and immediate write-offs, the incurrence of debt, and amortization of goodwill or other intangible assets.
Chairman
Gary HermanContact Information
720 Fifth Avenue,
10th Floor
New York, New York 10019
9047391200
Peer Companies
NAICS Code Investment Advice: 523930
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Gary Herman | Chairman |
| Organization | Position | Status |
|---|---|---|
| Digital Creative Development Corp | Chairman | Current |
| Datametrics Corporation | Board of Directors | Current |
| Shells Seafood Restaurants, Inc. | Board of Directors | Current |
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