BNET Industries

Market Cap:$57.1M
Last Fiscal Year Sales:$3.2M
- Public
- US
Dow Jones Description
Clean Energy Technology Development
Chief Executive Officer
Dustin M. ShindoNumber of Employees 28
Contact Information
1288 Ala Moana Blvd.
Suite 220
Honolulu, Hawaii 96814
808-682-7800
Peer Companies
NAICS Code All Other Miscellaneous Electrical Equipment and Component Manufacturing: 335999
Recent Events
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Market Report -- In Play HOKU
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Hoku Announces Amendment to Contract With Jinko
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$390M plant high on Hoku's list: Company hopes to finish construction in 2nd half of...
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Hoku Scientific reports $1.2M loss
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Hoku Scientific Reports Second Quarter Fiscal Year 2010 Results
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Skymark Research Initiates Independent Research Coverage On Hoku Scientific, Inc.
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PicksThatMove.com Announces Investment Opinion: Hot Stocks That Are on the Move
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Hoku Scientific finds Chinese buyer
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BRIEF-Hoku and Tianwei announce financing agreement
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Hoku and Tianwei Announce Financing Agreement
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Timing, financing derailed Hoku plans
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Market Report -- In Play HOKU
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Struggling solar supplier gets trade zone status
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Hoku Scientific Reports First Quarter Fiscal Year 2010 Results
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Hoku Scientific reports fiscal Q1 loss
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Hoku Scientific may go up for sale: Struggling tech company also slows construction of its...
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Hoku seeks possible sale, stays commited to plant
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Hoku Scientific looks at options for survival
News & Analysis
Filter by
hoku scientific inc. - All News and Analysis
Hoku Scientific, Inc. F2Q10 (Qtr End 09/30/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Ladies and gentlemen, there appear to be no questions at this time, so I will turn things back over to Dustin Shindo for any additional or closing remarks. Dustin Shindo Thank you for participating in our second quarter 2009 earnings call. We look forward to...
HOKU Needs Resilience, Ideas to Solve Its Fund Crunch
Zacks.com submits: The future of Hoku Scientific, Inc.'s HOKU ambitious 4,000 MT poly-silicon project at Pocatello, Idaho looks hazy at the moment. Resilience and out-of-the-box thinking are what HOKU needs to sail through with empty pockets.The fate of the $390 million polysilicon project is in the doldrums purely...
Hoku Scientific's Dilemma: What Happens When Your Customers Can't Pay?
Greentech Media submits: By Ucilia Wang Credit crunch and lagging market demand have prompted many solar companies to renegotiate contracts with their suppliers in recent months. The latest announcements by Hoku Scientific HOKU provide an example of how all this haggling might help or hurt companies that are trying...
Hoku Scientific, Inc. F2Q09 (Qtr End 09/30/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions And we’ll take our first question from Colin Rusch. Colin Rusch – Broadpoint Capital Dustin, can we get into the issues of Solargiga for just a little bit? What’s did the delay? Does it have anything to do with the resignation of Solargiga’s CFO?...
Zacks Analyst Blog Highlights: Hoku Scientific, Merrill Lynch, ArthroCare, 3SBio and Amgen
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Hoku Scientific, Inc. (Nasdaq: HOKU), Merrill Lynch (NYSE: MER), ArthroCare Corp....
Hoku Scientific, Inc. F1Q09 (Qtr End 06/30/08) Earnings Call Transcript
Question-and-Answer Session by Seeking Alpha
Has added Hoku Scientific Inc. to their watch list.
M2 PRESSWIRE-26 February 2008-NASDAQNEWS: Has added Hoku Scientific Inc. to their watch listC1994-2008 M2 COMMUNICATIONS LTD RDATE:26022008 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have...
Hoku Scientific Announces $25 Million Private Placement
Hoku Scientific, Inc. (NASDAQ: HOKU), a materials science company focused on clean energy technologies, today announced it has entered into a securities purchase agreement with certain institutional investors, and a wholly owned subsidiary of Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's leading manufacturers of photovoltaic PV...
Has added Hoku Scientific Inc. to their watch list.
M2 PRESSWIRE-25 February 2008-The Maybach Review: Has added Hoku Scientific Inc. to their watch listC1994-2008 M2 COMMUNICATIONS LTD RDATE:25022008 Maybach Financial is a syndicate of financial informants representing a true investing experience. Taking research from financial consultants, brokers, researchers, and conglomerates...
Hoku Scientific, Inc. Review in Progress.
M2 PRESSWIRE-25 February 2008-Market Review: Hoku Scientific, Inc. Review in ProgressC1994-2008 M2 COMMUNICATIONS LTD RDATE:25022008 Streetinvesting.com has now resumed our progressive review of Hoku Scientific, Inc. (NasdaqGM:HOKU) after it traded up 6% Monday, late in the morning with average...
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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
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Hoku woes slow Pocatello plant
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Hoku Scientific looks at options for survival
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Hoku Scientific may go up for sale: Struggling tech company also slows construction of its Idaho polysilicon plant
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BRIEF: Hoku Scientific explores sale of company
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Hoku Scientific may sell Hoku Materials unit
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UPDATE 1-Hoku Scientific may sell co on financing woes
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Hoku Provides Update to Polysilicon Production Strategy
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Hoku and Suntech Amend Supply Agreement to Adjust Milestone & Shipping Schedules
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Hoku Provides Update to Polysilicon Production Strategy
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Hoku and Suntech Amend Supply Agreement to Adjust Milestone &
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Hoku seeks possible sale, stays commited to plant
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Hoku and Tianwei Amend Supply Agreements to Accelerate Prepayments and Adjust Shipping Schedule
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Hoku and Tianwei Amend Supply Agreements to Accelerate
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New contract gives Hoku breathing room
Industry Transcripts by Seeking Alpha
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Joy Global F4Q09 (Qtr End10/30/09) Earnings Call Transcript
on Dec 16, 2009about JOYG
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Rentech, Inc. F4Q09 (Qtr End 09/30/09) Earnings Call Transcript
on Dec 15, 2009about RTK
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Esterline Technologies Corporation F4Q09 (Qtr End 10/30/09) Earnings Call Transcript
on Dec 10, 2009about ESL
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FuelCell Energy Inc. F4Q09 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 10, 2009about FCEL
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Greif Inc. F4Q09 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 10, 2009about GEF
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