BNET Industries

Market Cap:$4.8M
Last Fiscal Year Sales:$36.9M
  • Public
  • US
Dow Jones Description

Cyber Merchants Exchange ("C-Me") was incorporated in July 1996 under the laws of the State of California. In July 1999, C-Me raised approximately $3.2 million through its IPO. On June 30, 2000 the Company raised an additional $6.3 million in a private placement offering subscribed by 30 high net-worth Chinese investors. As of August 25, 2005, C-Me had 1,014,880 shares of common stock outstanding, after giving effect to the reverse stock split described below. The Company has approximately 190 shareholders of record and an undetermined number of additional shareholders through nominee or street name accounts with brokers. The Company is currently listed on the Over-the-Counter Bulletin Board ("OTC BB") under the symbol CMXG and is complaint with the reporting requirements of the Securities Exchange Act of 1934, as amended. Effective for fiscal year ending in 2005, the Company changed its fiscal year end from June 30 to May 31. Accordingly, the Company is filing this Form 10-KSB as a transition report for the 11-month period ended May 31, 2005.

Director of Global Marketing
Laurie Boon
Contact Information

600 S Lake Ave

Ste 405

Pasadena, California 91106

c-me.com

6267935000

NAICS Code Prerecorded Compact Disc (except Software), Tape, and Record Reproducing: 334612

Decision Makers

Name (plus bio) Position
Laurie Boon Director of Global Marketing
Maureen Storch Director of Global Operations
Charles Rice Director
Deborah Shamaley Director
James Vandeberg Director

Board of Directors

Name (plus bio) Position
Frank Yuan Chairman, C.E.O. and Founder
Donald C McNabb Board of Directors
Howard Moore Board of Directors
Mary McNabb Board of Directors
Philip Hawley Board of Directors

Boon came to C-Me from Robert Half International, having previously been with Infinity Broadcasting, a media and marketing organization. Boon's background in Marketing and Communications and association with the fashion industry has been an asset to C-Me's client base, in particular those ASAP attendees who seek to enhance their market position with the US buyer community. Boon has assisted manufacturers in articulating compelling descriptions of their unique capabilities and strengths. She is currently the Vice President of her local American Business Womenas Association, and is an active member of Toastmasters. Boon earned her B.A. in Speech Communications from the Edward R. Murrow School of Communication at Washington State University.

Organization Position Status
Infosmart Group, Inc. Director of Global Marketing Current

Storch has 18 years of apparel merchandising and national retail chain sales experience. Most recently a VP of Uniform Code, a manufacturer for the largest retail chains in the U.S. Storch was the National Sales Manager to Tommy Hilfiger line of apparel during its rapid growth cycle. Storch also developed the client base of Coca-Cola apparel brand. She began her career as a Sales Representative with Oxford Industries, an established apparel manufacturer with a broad retail account base. Maureen received her BS in Merchandising from Radford University.

Organization Position Status
Infosmart Group, Inc. Director of Global Operations Current
Asap Show, Inc. Director of Global Operations for Asap Current
Oxford Industries, Inc. Sales Representative Former
Radford University BS In Merchandising Former

Organization Position Status
C-Mekorea.Com Chairman, C.E.O and Founder Current
Infosmart Group, Inc. Chairman, C.E.O. and Founder Current
Asap Show, Inc. Board of Directors Current
Asap Show, Inc. CEO Former
United National Bank Co-Founder Former
Deloitte Touche Tohmatsu Former
Otcbb Former
Frenchy's Former
Corp USA, Inc. Chairman of the Board Former
Utah State University M.B.A. Former
The Catholic University of America B.A. Degree In Economics Former

Organization Position Status
Infosmart Group, Inc. Director Current
Asap Show, Inc. Founder Former
Asap Show, Inc. Board of Directors Former
University of Delaware B.S. In Business and Economics Former

Organization Position Status
Asap Show, Inc. Current
Infosmart Group, Inc. Director Current
The Apparel Group Co-Founder Former

Organization Position Status
Infosmart Group, Inc. Board of Directors Current
Safari Arms Ltd Founder Former
Arizona State University Former

Organization Position Status
Infosmart Group, Inc. Board of Directors Current
Toys "R" Us, Inc. Board of Directors Current
Toy Town, Inc CEO Former
Toy Town, Inc President Former
Toys "R" Us, Inc. Executive Vice President Former
Toys "R" Us, Inc. General Merchandise Manager Former

Organization Position Status
Reg Technologies, Inc. Chief Financial Officer and Director Current
Reg Technologies, Inc. Board of Directors Current
C-Mekorea.Com Board of Directors Current
Information Highway Director Current
Regi U S, Inc. Director Current
Infosmart Group, Inc. Director Current
Asap Show, Inc. Corporate Counsel Former
Asap Show, Inc. Board of Directors Former
New York University J.D. Former
University of Washington Bachelor of Arts Degree In Accounting Former
New York University School of Law Bachelor of Arts Degree In Accounting Former

Mary McNabb was recently the Executive Vice President of Merchandising and Marketing at Factory 2-U Stores(F2U), an extreme value, brand name, in-season family clothing and home products store. F2U has over 270 stores with annual sales just under 600 million. McNabb oversaw all aspects of the Merchandising, and Marketing for the stores from 1990 until 2001. In the 11 years Mary spent with F2U the company grew from 90 to 270 stores, and from approximately $85 million in sales to almost $600 million.She has also held executive level merchandising and marketing positions at One Price Clothing Stores, and Yellow Front Stores.McNabb has traveled the Far East extensively to source and produce products.She began her career at J.W. Robinsons department store where she entered their Executive Training Program.In 1969, McNabb graduated from Becker College in Worcester, Massachusetts with a degree in Business.

Organization Position Status
Infosmart Group, Inc. Board of Directors Current

Organization Position Status
Infosmart Group, Inc. Board of Directors Current
University of California, Berkeley B.S. Former
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     IFSG $0.03 -0.01 (-14.29% )
Average Volume 208,663
Shares Outstanding 161.56M
Market Cap 4.8M
Year High 0.07
Year Low 0.0118
Earnings Per Share -0.09
P/E Ratio -0.33
Dividend N/A
Yield N/A
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