BNET Industries
Last Fiscal Year Sales:$713.3K
- Private
- US
Dow Jones Description
Kent International is a publicly traded company (stock symbol "KNTH.PK") currently seeking to redeploy its assets into an operating business. The Company owned approximately 53.44% of Kent International at June 30, 2009. All of Kent International's assets, excluding its portfolio of pharmaceutical patents (which have a zero carrying value on the consolidated financial statements), are invested in cash and United States Treasury Bills. Kent International's current business plan is to serve as a vehicle for the acquisition of or merger or consolidation with another company. Kent International may use its available working capital, capital stock, debt or a combination of these to start a business or to effect a business combination with a company seeking to establish a public trading market for its securities while avoiding the time delays, significant expense, loss of voting control and other burdens including significant professional fees of an initial public offering. A business combination may be with a financially stable, mature company or a company that is in its early stages of development or growth, which could include companies seeking to obtain capital and to improve their financial stability. Additionally, Kent International has developed a niche social networking website, www.ChinaUSPals.com , designed to promote cultural exchange between the citizens of the United States and those of the People's Republic of China. ...
Chairman, CEO & President
Paul O. KoetherNumber of Employees 2
Peer Companies
NAICS Code Securities Brokerage: 523120
Recent Events
-
Kent Financial Services Announces Third Quarter Results
News & Analysis
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finance and kent financial services inc. - All News and Analysis
Kent Financial Services Reports Financial Results
BEDMINSTER, N.J.--BUSINESS WIRE--Nov. 2, 1999-- KENT FINANCIAL SERVICES, INC. ("KENT") (NASDAQ: KENT) reported a net loss for the three months ended September 30, 1999, of $616,000, or $.32 per share, compared to a net loss of $552,000, or $.28 per share, for the comparable period in 1998. For the...
Kent Financial Services Reports Financial Results
BEDMINSTER, N.J.--BUSINESS WIRE-- KENT FINANCIAL SERVICES, INC. ("KENT") (NASDAQ - KENT) reported net income for the three months ended June 30, 1999, of $150,000, or $.08 per share, compared to net income of $111,000, or $.06 per share, for the comparable period in 1998. For the six months ended...
Kent Financial Services, Inc. Reports Earnings
BEDMINSTER, N.J.--BUSINESS WIRE--March 26, 1999--KENT FINANCIAL SERVICES, INC. (the "Company") (NASDAQ - KENT) reported net income for 1998 of $532,000 or $.27 basic and fully diluted earnings per share, compared to a net loss of $1,150,000 or $.56 basic and fully diluted loss per share, in 1997. Total revenues for...
Kent Financial Services makes announcement
BEDMINSTER, N.J.--BUSINESS WIRE--Nov. 13, 1996--Kent Financial Services, Inc. (NASDAQ:KENT) reported today that the tax deficiency, including interest, of more than $20,000,000 proposed by the Internal Revenue Service for the years 1988 through 1991 has been settled for a total payment of approximately $330,000 (the "Settlement"). As...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Bryan P. Healey | Chief Financial Officer & Director |
| Sue Ann Merrill | Cfo & Secretary |
| William Mahomes | Attorney |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Paul O. Koether | Chairman, CEO & President |
| Casey K. Tjang | Board of Directors |
| James Bicksler | Board of Directors |
| Michael Witte | Board of Directors |
Paul O. Koether is the Chairman, Chief Executive Officer and President of Kent Financial Services, Inc. (“Kent” and a registered representative with T.R. Winston and Company L.L.C. Mr. Koether is also a director, Chairman, Chief Executive Officer and President of Kent International Holdings, Inc., a biopharmaceutical company formerly known as Cortech, Inc. that is seeking to redeploy its assets. Former directorships include Citrus County Land Bureau, Inc. (Chairman), Craig Corporation (listed NYSE - Chairman), First Western Financial, Kentucky Property Trust, and American Physicians Service, Inc., Pure World, Inc., Sun Equities Corporation. Previous experience included partnerships in three New York Stock Exchange Member Firms. Prior employment also included two years as personal investment advisor to William S. Paley, Founder of the Columbia Broadcasting Corporation. Other earlier experience was with Scudder, Stevens & Clark, Investment Counselors, New York, New York; Assistant to the President of T. Rowe Price & Associates, Investment Counselors, Baltimore, Maryland; and membership on the faculty of Princeton University. Mr. Koether holds a A.B in Economics from Lafayette College and a M.A. in Economics from Princeton University.
| Organization | Position | Status |
|---|---|---|
| Kent Financial Services, Inc. | Chairman, CEO & President | Current |
| Kent Financial Services, Inc. | Chairman, Chief Executive Officer and Director | Former |
| Organization | Position | Status |
|---|---|---|
| Healey Financial | President | Current |
| Kent Financial Services, Inc. | Chief Financial Officer & Director | Current |
| Kent International Holdings Inc | Chief Financial Officer | Current |
| Kent International Holdings Inc | Board of Directors | Current |
| Kent Financial Services, Inc. | Board of Directors | Current |
| American Institute of Certified Public Accountants | Board of Directors | Current |
| American Institute of Certified Public Accountants | Member | Current |
| Kent Financial Services, Inc. | Vice President, Secretary and Chief Financial Officer | Former |
| Healey Financial | Founder | Former |
| Kent Financial Services, Inc. | Principal Accounting Officer | Former |
| Kent International Holdings Inc | Principal Accounting Officer | Former |
| Rutgers University | M.S. In Accounting | Former |
| Rutgers University | B.S. | Former |
| Organization | Position | Status |
|---|---|---|
| Kent Financial Services, Inc. | Cfo & Secretary | Current |
William (Bill) Mahomes, Jr. is an attorney primarily concentrating in public finance, commercial transactional law and mediation. He holds a B.B.A from Texas A&M University in 1969 and a J.D. degree from the University of Texas . Bill was a member of the Corps of Cadets at Texas A&M and served as a Captain in the U.S. Army Reserve. He is presently a shareholder/partner in the Simmons Mahomes, P.C. law firm. He previously served as Senior Counsel to the Federal National Mortgage Association ( Washington D.C. ), Senior Vice President and General Counsel to Pro Line Corporation, an international partner at a Chicago based law firm and a senior shareholder at a major Dallas based law firm. Bill is a member of the Texas Bar Association, National Bar Association, Dallas Bar Association, J.L. Turner Legal Association, and is a Texas Bar Fellow. Bill is Treasurer of the African American Leadership Council PAC (AALC PAC) and presently serves on the Board of Directors of the Texas Youth Commission, the Texas affiliate board of Health Care Services Corporation, Association of Former Students ( Texas A&M University ) and the Center for New Ventures and Entrepreneurship. Bill previously served as a board member of the Texas Turnpike Authority, Dallas-Ft.Worth International Airport Authority and the Board of Regents of East Texas State University (presently Texas A&M University at Commerce and numerous other entities. Recently, Bill was named a Texas Business Leader Honoree by the Texas A&M University Memorial Student Center .
| Organization | Position | Status |
|---|---|---|
| Kent Financial Services, Inc. | Attorney | Current |
| The Association of Former Students | Attorney | Current |
| Kent Financial Services, Inc. | Board of Directors | Current |
| The Association of Former Students | Board of Directors | Current |
| Pure World, Inc. | Director | Former |
| The University of Texas | J.D. Degree | Former |
| Texas A&M University | B.B.A | Former |
| Organization | Position | Status |
|---|---|---|
| First Merchant Bankers, Inc. | Chief Executive Officer | Current |
| First Merchant Bankers, Inc. | Chairman | Current |
| Kent Financial Services, Inc. | Board of Directors | Current |
| Princeton Accredited Services, Inc | Chief Executive Officer | Former |
| Princeton Accredited Services, Inc | President | Former |
| Organization | Position | Status |
|---|---|---|
| Kent Financial Services, Inc. | Board of Directors | Current |
M. Michael Witte. Since August 1980, he has been President of M.M. Witte & Associates, Inc., a private corporation which is engaged in oil & gas consulting and investment management. In November 1995, Mr. Witte was elected Co-chairman of The American Drilling Company, LLC. On August 1, 1996, Mr. Witte was elected Chief Executive Officer and Director of South Coast Oil Corporation, a Los Angeles based oil company founded in 1921.
| Organization | Position | Status |
|---|---|---|
| Kent Financial Services, Inc. | Board of Directors | Current |
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