BNET Industries

Hoku Scientific Inc.

(HOKU) is in the Manufacturing Industry

Market Cap:$57.1M
Last Fiscal Year Sales:$3.2M
  • Public
  • US
Dow Jones Description

Clean Energy Technology Development

Chief Executive Officer
Dustin M. Shindo
Number of Employees 28
Contact Information

1288 Ala Moana Blvd.

Suite 220

Honolulu, Hawaii 96814

www.hokuscienti...

808-682-7800

NAICS Code All Other Miscellaneous Electrical Equipment and Component Manufacturing: 335999

Recent Events

  • Market Report -- In Play HOKU

    11/25/09 - Joint Venture / Alliance - View Story

  • Hoku Announces Amendment to Contract With Jinko

    11/29/09 - Joint Venture / Alliance - View Story

  • $390M plant high on Hoku's list: Company hopes to finish construction in 2nd half of...

    10/23/09 - Joint Venture / Alliance - View Story

  • Hoku Scientific reports $1.2M loss

    10/29/09 - Financial Announcement - View Story

  • Hoku Scientific Reports Second Quarter Fiscal Year 2010 Results

    10/23/09 - New Investment - View Story

  • Skymark Research Initiates Independent Research Coverage On Hoku Scientific, Inc.

    10/02/09 - Bond / Stock Rating - View Story

  • PicksThatMove.com Announces Investment Opinion: Hot Stocks That Are on the Move

    9/30/09 - Joint Venture / Alliance - View Story

  • Hoku Scientific finds Chinese buyer

    9/30/09 - Joint Venture / Alliance - View Story

  • BRIEF-Hoku and Tianwei announce financing agreement

    9/29/09 - New Investment - View Story

  • Hoku and Tianwei Announce Financing Agreement

    9/29/09 - Licensing / Contract - View Story

  • Timing, financing derailed Hoku plans

    10/05/09 - Financial Announcement - View Story

  • Market Report -- In Play HOKU

    9/22/09 - Joint Venture / Alliance - View Story

  • Struggling solar supplier gets trade zone status

    8/18/09 - Financial Announcement - View Story

  • Hoku Scientific Reports First Quarter Fiscal Year 2010 Results

    7/30/09 - New Investment - View Story

  • Hoku Scientific reports fiscal Q1 loss

    7/30/09 - Financial Announcement - View Story

  • Hoku Scientific may go up for sale: Struggling tech company also slows construction of its...

    7/11/09 - New Investment - View Story

  • Hoku seeks possible sale, stays commited to plant

    7/10/09 - Joint Venture / Alliance - View Story

  • Hoku Scientific looks at options for survival

    7/11/09 - Licensing / Contract - View Story

News & Analysis

hoku scientific inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Dustin M. Shindo Chief Executive Officer
Darryl S. Nakamoto CFO, Treasurer & Secretary
Karl M. Taft Cto
Scott B. Paul General Counsel & Vice President, Business Dev
James E McGrath Technical Advisor

Board of Directors

Name (plus bio) Position
Dean K. Hirata Board of Directors
Karl E. Stahlkopf Board of Directors
Kenton T Eldridge Board of Directors
Paul K. Yonamine Board of Directors

Dustin is one of our founders, and has served as Chairman of the Board of Directors, President and Chief Executive Officer of Hoku Scientific since the company was founded in March 2001. Dustin's primary role is to manage the company's growth and strategic direction, while maximizing shareholder value. Dustin has previously overseen successful ventures in both the software and manufacturing industries. In 1995, Dustin started Mehana Brewing Company, a microbrewery located in Hilo, Hawaii. Since then, Mehana Brewing Company has become the largest bottling brewery in Hawaii and ships product to five states and to the Far East. In 1999, Dustin founded Activitymax, Inc., a software company that develops reservation software for the travel industry. As CEO of Activitymax, Inc., Dustin managed the development of the company's software applications and spearheaded contracts with several of Hawaii's largest travel companies. In addition, Dustin has previous experience as a business consultant at The Lucas Group, a strategic consulting firm in Waltham, Massachusetts. Dustin earned an MBA from the Darden School of Business Administration at the University of Virginia, and earned a BA in Accounting from the University of Washington.

Organization Position Status
Hoku Scientific, Inc. Chief Executive Officer Current
Hoku Scientific, Inc. President Current
Hoku Scientific, Inc. Chairman of the Board of Directors Current
Blue Planet Foundation Board of Directors Current
University of Washington BA In Accounting Former

Darryl has been Hoku Scientific's Chief Financial Officer since January 2005, and is responsible for managing all of the company's finance, accounting and public company reporting functions. Prior to joining Hoku Scientific, Darryl was the Finance Analyst at Frito-Lay where his responsibilities included budgeting and forecasting for selling expense, along with manufacturing and distribution cost centers. The position also involved advisory over product supply and coordination of other finance matters. Before that Darryl was the Sales and Marketing Executive for Syntera Solutions, a division of Profitability of Hawaii (POH), a software development/digital imaging company Prior to POH, Darryl was the Regional Director of Activitymax, a software company that develops reservation software for the travel industry. Prior to Activitymax, Darryl began his career at KPMG, LLP where he earned his CPA and planned and executed multiple audit engagements in various fields including insurance, hospitality, and government. Darryl earned his BA in Accounting and Finance from the University of Washington.

Organization Position Status
Hoku Scientific, Inc. CFO, Treasurer & Secretary Current

Karl is a founder of Hoku Scientific and has been the company's Chief Technology Officer since 2001. In that capacity, Karl manages the company's product development efforts. Hoku Scientific leverages Karl's broad experience at PCC Structurals, a leading international aerospace manufacturer based in Portland, Oregon, where he served in a variety of capacities including lead manager for research and development, industrial engineer and research chemist. At PCC, Karl co-contributed to multiple patents and also co-authored numerous research papers in the chemistry field. He has extensive experience optimizing electrode performance, synthesizing advanced electrolytes and streamlining system designs. Karl earned an MS in Environmental Science and Engineering from Oregon Graduate Institute, an MBA from Portland State University, and a BA in Chemistry from Pacific University.

Organization Position Status
Hoku Scientific, Inc. Cto Current
Hoku Scientific, Inc. Board of Directors Current

Scott has been Chief Operating Officer of Hoku Scientific since November 2008. From July 2003 until November 2008, Scott was Hoku's VP, Business Development & General Counsel. Prior to joining Hoku Scientific, Scott worked as Director of Business Development and Associate General Counsel at Read-Rite Corporation, a publicly-traded multi-national company. Previously, Scott worked as an attorney at Brobeck, Phleger & Harrison LLP representing high tech emerging growth and large-cap public companies on financing and M&A transactions. Scott earned his JD cum laude from Santa Clara Law School and his BA from University of California, Los Angeles.

Organization Position Status
Hoku Scientific, Inc. General Counsel & Vice President, Business Dev Current

Organization Position Status
Hoku Scientific, Inc. Technical Advisor Current

Dean K. Hirata has served as a member of our board of directors since January 2007. Since 2006, Mr. Hirata has been Vice Chairman and Chief Financial Officer of Central Pacific Financial Corp., the holding company of Central Pacific Bank. From 2004 to 2006, he served as Executive Vice President and Chief Financial Officer of Central Pacific Financial Corp. From 2002 to 2004, he served as Executive Vice President and Chief Financial Officer of CB Bancshares, Inc., a bank holding company, whose principal subsidiary was City Bank. From 1999 to 2002, he served as Senior Vice President and Chief Financial Officer of CB Bancshares. Prior to joining CB Bancshares, Mr. Hirata served as Controller during his 9-year career at First Hawaiian Bank. His projects included the development and implementation of a bank-wide performance reporting system and various M&A financial analyses, including the merger of the former BancWest Corporation with and into First Hawaiian, Inc. in 1998. Prior to First Hawaiian Bank, Mr. Hirata began his career at KPMG, LLP where he earned his CPA and he supervised audits and other services for several industries, including financial institutions, hotels and non-profit entities. Mr. Hirata holds a Bachelor in Business Administration from the University of Hawaii.

Organization Position Status
Hoku Scientific, Inc. Board of Directors Current

Karl E. Stahlkopf, PhD has served as a member of our board of directors since July 2002. Since May 2002, Karl has been Senior Vice President, Energy Solutions and Chief Technology Officer of Hawaiian Electric Company, Inc., a subsidiary of Hawaiian Electric Industries, Inc. Since December 2002, Karl has also served as President of Renewable Hawaii, Inc., a subsidiary of Hawaiian Electric Company, Inc. From November 1973 to April 2002, Karl served as Vice President of Power Delivery and Utilization at Electric Power Research Institute, or EPRI, an independent, non-profit center for electricity and environmental research. During his tenure at EPRI, Karl was also a founder and served as the President and Chief Executive Officer of EPRI Solutions, a subsidiary of EPRI, and was Chairman of the Board of Directors of Sure-Tech, LLC, a manufacturer of power electronic devices. Karl has a B.S. in Electrical Engineering and Naval Science from the University of Wisconsin and an M.S. and Ph.D. in Nuclear Engineering from the University of California, Berkeley.

Organization Position Status
Hoku Scientific, Inc. Board of Directors Current

Organization Position Status
Sennet Capital, LLC Co-Founder and Partner Current
The Nature Conservancy Board of Directors Current
Hoku Scientific, Inc. Board of Directors Current
American Savings Bank Board of Directors Current
Assets School Director Current
Sennet Capital, LLC Board of Directors Current
Hibeam Board of Directors Current
Hawaiian Electric Industries, Inc. Executive Former
American Savings Bank, F.S.B. Board of Directors Former
University of New Hampshire MA Former
University of New Hampshire Bachelor’S Degree In History Former

Organization Position Status
Hoku Scientific, Inc. Board of Directors Current
BearingPoint, Inc. Executive Vice President, Asia Pacific Former

Executive News

  • Hoku woes slow Pocatello plant

    Idaho Statesman - 7/14/09 - View Story

  • Hoku Scientific looks at options for survival

    Honolulu Star Bulletin - 7/11/09 - View Story

  • Hoku Scientific may go up for sale: Struggling tech company also slows construction of its Idaho polysilicon plant

    TradingMarkets - 7/11/09 - View Story

  • BRIEF: Hoku Scientific explores sale of company

    TradingMarkets - 7/11/09 - View Story

  • Hoku Scientific may sell Hoku Materials unit

    CNBC - 7/10/09 - View Story

  • UPDATE 1-Hoku Scientific may sell co on financing woes

    Reuters - 7/10/09 - View Story

  • Hoku Provides Update to Polysilicon Production Strategy

    Reuters - 7/10/09 - View Story

  • Hoku and Suntech Amend Supply Agreement to Adjust Milestone & Shipping Schedules

    Reuters - 7/10/09 - View Story

  • Hoku Provides Update to Polysilicon Production Strategy

    Market Wire via MSN Money - 7/10/09 - View Story

  • Hoku and Suntech Amend Supply Agreement to Adjust Milestone &

    Market Wire via MSN Money - 7/10/09 - View Story

  • Hoku seeks possible sale, stays commited to plant

    Pacific Business News (Honolulu) - 7/10/09 - View Story

  • Hoku and Tianwei Amend Supply Agreements to Accelerate Prepayments and Adjust Shipping Schedule

    Reuters - 7/06/09 - View Story

  • Hoku and Tianwei Amend Supply Agreements to Accelerate

    Market Wire via MSN Money - 7/06/09 - View Story

  • New contract gives Hoku breathing room

    Pacific Business News (Honolulu) - 7/06/09 - View Story

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     HOKU $2.64 -0.03 (-1.12% )
Average Volume 282,645
Shares Outstanding 21.40M
Market Cap 56.5M
Year High 4.64
Year Low 1.67
Earnings Per Share -0.19
P/E Ratio -13.89
Dividend N/A
Yield N/A
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