BNET Industries

  • Public
  • US
Dow Jones Description

During both the last two fiscal years the Company has had insignificant revenue from continuing operations. During the recent fiscal year ended January 31, 2005, the Company reported a net loss of $786,300 and the Company's Independent Registered Public Accountant's report on the Company's Financial Statement expressed doubt whether the Company has the ability to continue as a going concern. The Company may need to incur legal fees or additional technological costs, or both, in order to utilize its current licenses. Additionally, management is considering alternative plans to capitalize on its licenses including a capital transaction with a co-venturer. There can be no assurance the Company can realign its present level of operations to attain economic viability. Furthermore, the Company's operations for the last two fiscal years have been subsidized with loans from a related party which has no obligation to continue such financing. (See also Risk Factors). Presently, the Company offers the PacketPort.

President and Chief Executive Officer
Ronald A. Durando
Contact Information

587 Connecticut Ave

Stamford, Connecticut 06854

2038312214

NAICS Code : 516110

News & Analysis

packetport.com inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Ronald A. Durando President and Chief Executive Officer
Gustave T. Dotoli Vice President

Organization Position Status
mPhase Technologies, Inc. Chairman and CEO Current
Packetport Com President and Chief Executive Officer Current
Triveni Digital, Inc. President, Chief Executive Officer Current
Microphase Corporation Chief Operating Officer Current
Microphase Corporation Officer Current
Packetport Com Director Current
Microphase Corporation Director Current
Triveni Digital, Inc. Founder of Mphase Technologies, Inc Former
mPhase Technologies, Inc. Co-Founder Former
mPhase Technologies, Inc. Board of Directors Former

Organization Position Status
mPhase Technologies, Inc. CFO Current
Packetport Com Vice President Current
Microphase Corporation Vice President of Corporate Development Current
The Digital TV Consultancy Chief Operating Officer and Director Current
Packetport Com Director Current
mPhase Technologies, Inc. Board of Directors Current
World Imports (USA), Inc. President and Chief Executive Officer Former
Fairleigh Dickinson University B.S. In Industrial Engineering Former

Executive News

  • mPhase Liquid Electrolyte Activation Video Release

    Reuters - 7/14/09 - View Story

  • Photo Release -- mPhase Releases Photographs of Manufactured Silicon Wafer for Smart...

    Reuters - 7/09/09 - View Story

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