BNET Industries
Market Cap:$6.6M
Last Fiscal Year Sales:$20.9M
- Public
- US
Dow Jones Description
General: We were organized on November 13, 1973 under the laws of the state of Florida. We are principally engaged in the manufacturing, marketing and distribution of a broad line of appearance and maintenance products for boats, recreational vehicles, automobile and aircraft under the "Star brite" and other trademarks within the United States of America and Canada. In addition, we produce private label formulations of many of our products for various customers as well as provide custom blending and packaging services of these and other products. PRODUCTS: Set forth below is a general description of the products that we manufacture and market: Marine: Our Marine line consists of polishes, cleaners, protectants and waxes of various formulations under the "Star brite" brand name as well as private label formulations of these and other products. The line also includes motor oils, various vinyl protectants, cleaners, teak cleaners, teak oils, bilge cleaners, hull cleaners, silicone sealants, polyurethane sealants, polysulfide sealants, gasket materials, lubricants, antifouling additives and anti-freeze coolants. In addition, we manufacture a line of brushes, poles and tie-downs and other related marine accessories. Automotive: We manufacture a line of automotive products under the "Star brite" brand name including StarTron enzyme fuel treatment for both diesel and gas engines, brake and transmission fluids, hydraulic, gear and motor oils, and related items. ...
Chairman, President & CEOPeter G. Dornau
Number of Employees 90
Contact Information
4041 SW 47th Ave
Fort Lauderdale, Florida 33314-4023
(954) 587-6280
Peer Companies
NAICS Code Polish and Other Sanitation Good Manufacturing: 325612
Recent Events
-
Emerging Stock Report: EmergingStockReport.com initiates research coverage on: Ocean Bio-Chem, Inc. (NASDAQ: OBCI)
-
PennyStockChaser.com: Ocean Bio-Chem, Inc. (NASDAQ: OBCI) Hot Stock on the Move!
-
Ocean Bio-Chem FY08 profit declines - Quick Facts
News & Analysis
Filter by
ocean bio-chem inc. - All News and Analysis
Ocean Bio-Chem, Inc. Receives NASDAQ Notice of Non-Compliance
Ocean Bio-Chem, Inc. (NASDAQ: OBCI) today announced that on October 20, 2008 the Company received a notice from the NASDAQ stock market NASDAQ, that for the 30 consecutive business days prior to October 16, 2008, the bid price of the Company's common stock had closed below the minimum $1.00 per...
Ocean Bio-Chem, Inc. Reports Financial Results for Year Ended December 31, 2006
Ocean Bio-Chem, Inc. (NASDAQ: OBCI) today reported net earnings for the year ended December 31, 2006 of $392,057, compared to a net loss of $1,813,193 for the year ended December 31, 2005, an increase of approximately $2,775,200. Earnings per share for 2006 were $.05 per share (fully...
Ocean Bio-Chem, Inc. Earnings Double For 3rd Quarter 1999; Thirteen Percent Rise In Nine-month Sales Over Previous Year
FT. LAUDERDALE, Fla.--BUSINESS WIRE--Nov. 15, 1999-- Ocean Bio-Chem, Inc. net earnings per share for the 3rd Quarter ending September 30, 1999, doubled to $.06 per share versus $.03 per share for the same quarter of 1998. Gross revenues increased approximately 5% for the quarter ended September 30, 1999 when...
Ocean Bio-Chem Inc. acquires 20-acre manufacturing operation
FT. LAUDERDALE, Fla.--BUSINESS WIRE--Feb. 9, 1996--Ocean Bio-Chem Inc. (NASDAQ: OBCI) today announced that it has signed an agreement to acquire a fully automated state-of-the-art chemical mixing facility which includes plastic bottle manufacturing, warehousing and storage located in Montgomery, Ala.Highlights of the acquisition include 1.2 million liquid gallon storage tanks and...
Ocean Bio-Chem Inc. announces startup of new manufacturing facility to produce new line of straps, tie-downs and bungee cords
FT. LAUDERDALE, Fla.--BUSINESS WIRE--Aug. 25, 1995--Ocean Bio-Chem Inc. today announced that it has completed the setup phase of its new manufacturing facility which will begin operating immediately to produce Star brite Straps, Tie-downs and Bungee Cords.The venture will initially target the multi-million dollar boating accessory market and then expand to...
Ocean Bio-Chem Inc. Reports 1995 Six-month Earnings up a Record 14%; Shareholder Equity Rises to Over $4 Million
FT. LAUDERDALE, Fla.--BUSINESS WIRE--Aug. 14, 1995--Ocean Bio-Chem, Inc. today announced record-breaking earnings of $.16 per share, up 14% for the six-month period ending with the second quarter on June 30, 1995.The company earned $.07 in the first quarter ending March 31, 1995 and $.09 per share for the three month...
Positive Initial Response On Ocean Bio-Chem, Inc. ESPN Cable TV Advertising
FT. LAUDERDALE, Fla.--BUSINESS WIRE--July 31, 1995--Ocean Bio-Chem Inc. today announced that the initial response of the pilot ESPN cable television channel advertising program first aired in April, 1995, has been very positiveCompany management have elected to extend advertising of its Star brite All In One Fuel Treatment on the Jimmy...
Additional Resources
Ocean Bio-Chem Reports New $2 Million Plus Contract
Ocean Bio-Chem, Inc. (NASDAQ: OBCI)announced today that it has received a new contract with a value in excessof $2 million, for private label products. Detailed terms of the contractwere not disclosed. Peter Dornau, Ocean Bio-Chem President and CEO, stated, "We are extremelypleased that this is a new private label...
Wall Street News Alert: Stocks This Morning: ADVE -- May 14, 2009
Wall Street News Alert's "stocks to watch" thismorning are: Adventure Energy Inc. (OTCBB: ADVE), Agnico-Eagle MinesLimited (NYSE: AEM), Ocean Bio-Chem, Inc. (NASDAQ: OBCI) and VandaPharmaceuticals Inc. (NASDAQ: VNDA). To receive FREE Mobile Stock Alerts formatted especially for your cellphone, text the word "press" in the subject line to 68494. ***...
Ocean Bio-Chem, Inc. Posts Record 1st Quarter 2009 Operating Profits
Ocean Bio-Chem, Inc. (NASDAQ: OBCI)today reported net sales of approximately $4,110,000, an increase ofapproximately 10% for the quarter ended March 31, 2009, compared to$3,745,000 for the comparative quarter of 2008. The Company reported a netprofit of approximately $126,000 or $.02 per share for the first quarter of2009, compared to...
- 1
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Edward Anchel | CFO |
| Jeffrey S Barocas | CFO & Vice President, Finance |
| George W. Lindsey | Vice President, Advertising & Marketing |
| Gregor M. Dornau | Vice President, Sales & Marketing |
| W George Jr | Vice President |
| William W. Dudman | Vice President, Operations |
| James M. Kolisch | Outside Director |
| Jerry Pittman | Sales Manager |
| Jeffrey J. Tieger | Director |
| John B. Turner | Director |
| Laz L. Schneider | Director |
| Sonia B. Beard | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Peter G. Dornau | Chairman, President & CEO |
| Organization | Position | Status |
|---|---|---|
| Starbrite Corp. | Chairman, President & CEO | Current |
| Ocean Bio-Chem Inc. | Chairman, President & CEO | Current |
| Ocean Bio-Chem Inc. | Chairman of the Board of Directors and Chief Executive Officer | Current |
| Kinpak, Inc. | President | Current |
| Ocean Bio-Chem Inc. | President, Chief Executive Officer and Director | Former |
| Ocean Bio-Chem Inc. | Co-Founder | Former |
| Ocean Bio-Chem Inc. | Business Consultant | Former |
| Organization | Position | Status |
|---|---|---|
| Ocean Bio-Chem Inc. | CFO | Current |
| Ocean Bio-Chem Inc. | Board of Directors | Current |
| Starbrite Corp. | CFO & Vice President, Finance | Former |
| Long Island University | Director | Former |
| Long Island University | Masters Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Ocean Bio-Chem Inc. | CFO & Vice President, Finance | Current |
| Ocean Bio-Chem Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Ocean Bio-Chem Inc. | Vice President, Advertising & Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Ocean Bio-Chem Inc. | Vice President, Sales & Marketing | Current |
| Ocean Bio-Chem Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Ocean Bio-Chem Inc. | Vice President | Current |
William W. Dudman, Secretary, Vice President-Operations, 42, joined our company in April 2004. For the five years immediately preceding his employment he had held various management positions within the marine industry, most recently with West Marine, Inc., our largest customer, from May 1999 to April 2004.
| Organization | Position | Status |
|---|---|---|
| Ocean Bio-Chem Inc. | Vice President, Operations | Current |
| West Marine, Inc. | Vice President of Sales | Current |
| Ocean Bio-Chem Inc. | Board of Directors | Current |
| West Marine, Inc. | Salesman | Former |
James M. Kolisch, Director, 54, joined our Board of Directors as an outside director in May 1998. Mr. Kolisch has been engaged in the insurance industry and served as president of USI Florida, or its predecessor company, an entity that sources most of the our insurance needs, for a period of approximately twenty-five years. Mr. Kolisch serves on the Board of Directors' Audit Committee.
| Organization | Position | Status |
|---|---|---|
| Ocean Bio-Chem Inc. | Outside Director | Current |
| Ocean Bio-Chem Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Starbrite Corp. | Director, Sales | Current |
| Ocean Bio-Chem Inc. | Sales Manager | Current |
| Kinpak, Inc. | Manager, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Starbrite Corp. | Secretary & Vice President | Current |
| Kinpak, Inc. | Manager, Marketing | Current |
| Starbrite Corp. | Secretary | Current |
| Ocean Bio-Chem Inc. | Director | Current |
| Ocean Bio-Chem Inc. | Vice President, Advertising, Marketing & Secretary | Former |
| Ocean Bio-Chem Inc. | Coordinator | Former |
John B. Turner, Director, 58, joined our Board of Directors in June 2002. During the past five years, Mr. Turner has been retired. Prior to his retirement, he was an insurance executive. In addition to his insurance credentials, Mr. Turner holds a Series 7 stock brokerage license. His professional experience in the aforementioned areas spans an excess of twenty-five years. Mr. Turner serves on the Board of Directors' Audit Committee.
| Organization | Position | Status |
|---|---|---|
| Ocean Bio-Chem Inc. | Director | Current |
Laz L. Schneider, Director, 66, Mr. Schneider is, and has been for the past five years, an attorney in private practice and was elected to serve as an outside Director of the Company during May 1998. Mr. Schneider is a partner at Berger, Singerman, P.A., a law firm that serves as our lead counsel in various corporate and litigation matters.
| Organization | Position | Status |
|---|---|---|
| PA Inc. | Current | |
| Berger Singerman | Current | |
| Ocean Bio-Chem Inc. | Director | Current |
| New York University | Masters of Law In Taxation | Former |
| Yale University | Undergraduate Degree | Former |
| Yale Law School | Degree | Former |
Sonia B. Beard, Director, 35, Sonia B. Beard is a Florida Certified Public Accountant working for Walt Disney World since 1997. She currently holds the position as the Manager of Concept Development for the Revenue Lines of Business of Walt Disney World. Ms. Beard has in excess of twelve years financial experience. She is an outside director and serves as the Chairperson and Financial Expert of the Board of Directors' Audit Committee.
| Organization | Position | Status |
|---|---|---|
| Walt Disney World Co. | Certified Public Accountant | Current |
| Ocean Bio-Chem Inc. | Director | Current |
Executive News
-
Ocean Bio-Chem Reports New $2 Million Plus Contract
-
Ocean Bio-Chem Reports New $2 Million Plus Contract
-
PennyStockChaser.com: Ocean Bio-Chem, Inc. (NASDAQ: OBCI) Hot Stock on the Move!
-
Ocean Bio-Chem: Ocean Bio-Chem, Inc. Posts Record 1st Quarter 2009 Operating Profits
-
Ocean Bio-Chem, Inc. Posts Record 1st Quarter 2009 Operating
-
Ocean Bio-Chem Q1 sales, profit rise
Industry Transcripts by Seeking Alpha
-
Lindsay Corporation F3Q09 (Qtr End 05/31/09) Earnings Call Transcript
on Jul 01, 2009about LNN
-
Nike F4Q09 (Qtr End 5/31/09) Earnings Call Transcript
on Jun 24, 2009about NKE
-
Commercial Metals Company F3Q09 (Qtr End 05/31/09) Earnings Call Transcript
on Jun 23, 2009about CMC
-
Steelcase Inc. F1Q10 (Qtr End 05/29/09) Earnings Call Transcript
on Jun 23, 2009about SCS
-
Actuant Corporation F3Q09 (Qtr End 5/31/09) Earnings Call Transcript
on Jun 17, 2009about ATU
Glass Door
IndustryTop Rated
- Was N.Y. Post's Carlucci the Reason for News America Marketing's Settlement With Floorgraphics? 60 votes
- News America Marketing Whistleblower: Clients Were Charged for Ads That Never Appeared 47 votes
- News America Marketing's Alleged Plans to Seize Safeway Account Outlined in Suit 44 votes
- Compete: Twitter Passes New York Times 40 votes
- News America Marketing Group Buys Floorgraphics Just Hours After Settling Spying Lawsuit 29 votes
