BNET Industries
Market Cap:$99.1K
Last Fiscal Year Sales:$124.6K
- Public
- US
Dow Jones Description
Bluetorch Inc. (the "Company" or "Bluetorch"), a Nevada corporation, was incorporated on January 29, 1997. The Company's original name was Mercury Software and its name was changed to MedEx Corp. on June 24, 2002; then the Company's name was changed to Aussie Apparel Group, Ltd. on October 21, 2002 and then to Bluetorch Inc. on November 3, 2003. The Company has elected to be regulated as a business development company ("BDC") under the Investment Company Act of 1940. See "Certain Government Regulations" (see section F below). The Company's principal office is located at 12607 Hidden Creek Way, Suite S, Cerritos, CA 90703. The telephone number is (562) 623-4040. Forward Looking Statements This Annual Report contains forward-looking statements. The Company's expectation of results and other forward-looking statements contained in this Annual Report involve a number of risks and uncertainties. Among the factors that could cause actual results to differ materially from those expected are the following: business conditions and general economic conditions; competitive factors, such as pricing and marketing efforts; and the pace and success of product research and development. These and other factors may cause expectations to differ.
Contact Information
7633 East 63rd Place
Suite 220
Tulsa, Oklahoma 74133
918-459-8469
Peer Companies
NAICS Code Business Associations: 813910
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Bruce Macgregor | CEO |
| Jerry Pearring | President & CEO |
| Richard T Clark | CEO |
| Bernard Gurr | Cfo |
| Brett Spitalny | Coo |
| Bryce Knight | Cfo |
| Scott Battenberg | Cfo |
| Gordon Hill | Managing Partner |
| John Blackington | Managing Partner |
| Terry Turner | Outside Director |
| Kenneth Wiedrich | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Ross E Silvey | Chairman |
On September 15, 2005, Bruce MacGregor resigned his position as President, Chief Executive Officer and Director; Bernard Gurr resigned his position as Chief Financial Officer; Kenneth Wiedrich resigned his position as Director; and Read Worth resigned his position as Director. Simultaneously, Richard T. Clark was appointed President, Chief Executive Officer and Director; Bryce Knight was appointed Chief Financial Officer; Ross Silvey was appointed Director; and Terry Turner was appointed Director. C.R. Garner was also appointed a Director, although he elected not to serve due to other time commitments.
| Organization | Position | Status |
|---|---|---|
| Global Beverage Solutions, Inc. | CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Global Beverage Solutions, Inc. | President & CEO | Current |
| Global Beverage Solutions, Inc. | Director, President | Current |
| Xstream Beverage Network, Inc. | President | Former |
| Marymount University | Masters In Business Administration | Former |
| George Mason University | Bachelors of Science Degree In Marketing | Former |
Richard T. Clark - Mr. Clark became President, CEO and a Director in September 2005 upon the resignation of the former CEO. Since 1992, Mr. Clark is the owner and principal operating officer of Clark Capital Corp., a private company with emphasis on public company corporate restructuring, including bankruptcies and tax arbitrage. Previously, from 1980 until 1989, Mr. Clark was a stock broker with Harris Uphan & Co. before becoming vice-president with Rotan Mosle, Paine Webber and Dean Witter Reynolds. Mr. Clark worked as an independent broker dealer dealing in corporate finance for S.C. Costa Co. from 1989 to 1992. Mr. Clark graduated from the University of Tulsa with a Master's degree in Finance. Mr. Clark resigned his position as President, CEO and Director on January 19, 2007.
| Organization | Position | Status |
|---|---|---|
| Global Beverage Solutions, Inc. | CEO | Current |
| The University of Tulsa | Master's Degree In Finance | Former |
| Organization | Position | Status |
|---|---|---|
| Global Beverage Solutions, Inc. | Cfo | Current |
| Organization | Position | Status |
|---|---|---|
| Global Beverage Solutions, Inc. | Coo | Current |
| Xstream Beverage Network, Inc. | Vice President of Business Development | Former |
| Cardinal Capital Management, LLC | Senior Investment Advisor | Former |
Bryce Knight - Mr. Knight became Vice-President and Chief Financial Officer of the Company upon the resignation of his predecessor. Mr. Knight also serves as Chief Executive Officer and Director of Small Cap Strategies, Inc. He is the President of Knight Consulting Corporation, a corporate strategy and financial consulting firm, as well. Previously Mr. Knight worked with General Electric as a financial analyst for its consumer products division and with Robert Bosch Tool Corporation in the marketing department. Mr. Knight graduated with honors from Bellarmine University with a Business Administration degree and a Master's of Business Administration.
| Organization | Position | Status |
|---|---|---|
| Small Cap Strategies Inc | Chief Executive Officer | Current |
| Knight Consulting, Inc. | President | Current |
| Global Beverage Solutions, Inc. | Cfo | Current |
| Small Cap Strategies Inc | Director | Current |
| Bellarmine University | Master's of Business Administration | Former |
| Bellarmine University | Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Global Beverage Solutions, Inc. | Cfo | Current |
| Organization | Position | Status |
|---|---|---|
| Mid Market Capital, Inc. | Managing Partner With Global Beverage Solutions | Current |
| Global Beverage Solutions, Inc. | Managing Partner | Current |
| Organization | Position | Status |
|---|---|---|
| Mid Market Capital, Inc. | Managing Partner With Global Beverage Solutions | Current |
| Global Beverage Solutions, Inc. | Managing Partner | Current |
| Wharton Graduate School of the University of Pennsylvania | MBA | Former |
| Wharton Graduate School of the University of Pennsylvania | BS | Former |
| Organization | Position | Status |
|---|---|---|
| Global Beverage Solutions, Inc. | Outside Director | Current |
| Global Beverage Solutions, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Global Beverage Solutions, Inc. | Chairman | Current |
| Global Beverage Solutions, Inc. | Board of Directors | Current |
| Double Eagle Holdings, Ltd. | Director | Current |
| Global Beverage Solutions, Inc. | Interim CEO | Former |
| Organization | Position | Status |
|---|---|---|
| Global Beverage Solutions, Inc. | Director | Current |
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