BNET Industries
Market Cap:$30.0K
- Public
- US
Dow Jones Description
The Company was formed as a Colorado corporation on September 19, 1983, under the name Bugs, Inc., for the purpose of using microbial and other agents, including metallurgy, to enhance oil and natural gas production and to facilitate the recovery of certain metals. Its initial capitalization was 100,000,000 shares of $.001 par value common stock. In July 1989, the Company approved Articles of Amendment changing its name to Genesis Services, Inc. In September 1990, the Company approved additional Articles of Amendment changing its name to Genesis Capital Corporation (sometimes referred to as the "Colorado Corporation"). In July 1993, the Company decreased its authorized capital from 100,000,000 shares of $.001 par value common stock to 10,000,000 shares of $.01 par value common stock. At that same time, the Company created a class of 10,000,000 shares of no par value preferred stock. Since 1994 the activities of the Company have been quite limited, because it sold its wholly owned subsidiary, U.S. Staffing, Inc., during the 1994-95 fiscal year. In January of 1996--after its sale--U.S. Staffing, Inc. filed for bankruptcy and restrained the Colorado Corporation from collecting its note receivable and claimed to own stock in the Colorado Corporation through its U.S.
PresidentRichard Astrom
Contact Information
6915 Red Road
Suite 222
Coral Gables, Florida 33143
3056666565
Peer Companies
NAICS Code Other Management Consulting Services: 541618
News & Analysis
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genesis capital corp of nevada - All News and Analysis
Form 8.K filings. (Assurance: technical developments, professional issues and engagement changes)
AngelCiti Multimedia Inc. (Hollywood, Calif.) from Hein + Associates to Chisholm & Associates. ATC Healthcare Inc. (Lake Success, N.Y.), from Deloitte & Touche. Brauvin High Yield Fund LP and related funds Chicago, from Deloitte & Touche to Altschuler, Melvoin and Glasser LLP. ...
Genesis Capital Corp. of Nevada Announces Closing on Stock Purchase Agreement
Business Editors MIAMI--BUSINESS WIRE--Oct. 31, 2001 Genesis Capital Corp. of Nevada ("Genesis") (OTCBB: GNCP) Wednesday announced that it has closed on a transaction wherein Genesis has acquired 100 percent of the issued and outstanding shares of Senior Lifestyle Communities Inc., a Nevada corporation ("Senior"). ...
Genesis Capital Corp. of Nevada to Acquire RBSI Inc., a Dallas-Based ATM Machine Company
Business Editors BURLESON, Texas--BUSINESS WIRE--April 12, 2000 Genesis Capital Corp. of Nevada (OTCBB: GNCP), Wednesday announced that it had signed an agreement to acquire all of the capital stock of RBSI Inc., a Nevada corporation. In the agreement RBSI's sole shareholder has represented to...
Power Exploration Announces Property Acquisition
Business Editors FORT WORTH, Texas--BUSINESS WIRE--March 8, 2000 Power Exploration Inc. (OTC BB: PWRX) Wednesday announced the acquisition of Lincoln Health Fund Inc., and its primary asset, a 10.5 acre tract of land located on the east-side of Fort Worth. The terms of the...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Richard Astrom | President |
| Christopher Astrom | Vice President |
| Organization | Position | Status |
|---|---|---|
| Genesis Capital Corp of Nevada | President | Current |
| Organization | Position | Status |
|---|---|---|
| Genesis Capital Corp of Nevada | Vice President | Current |
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