BNET Industries

Market Cap:$709.5M
Last Fiscal Year Sales:$362.0M
  • Public
  • US
Dow Jones Description

Vorsatech Ventures, Inc. (hereinafter "The Company"), a development stage company, was incorporated on October 30, 1998 under the Apex Pharmaceutics, Inc., under the laws of the State of Colorado. On July 18, 2000 the Company changed its name to Apex Resources, Inc. On September 28, 2000, the Company changed its name to Biotech Industries, Inc. On June 1, 2001, the Company changed its name to ValuShip Inc. As ValuShip, Inc., the Company was in the business of international shipping. To pursue this business, the Company domesticated from Colorado to the Commonwealth of the Bahamas on May 18, 2001. The Company abandoned this enterprise to develop a wireless business in June 2002. On June 24, 2002, the Company changed its name to Vorsatech, Inc. to reflect this change in business. On February 23, 2004, the Company filed its articles of incorporation and domesticated to the State of Delaware. The Company developed a business plan for its integrated wireless system that would allow consumers to subscribe to a service package to access wireless gateways for their laptops, PDA's and other electronic devices. The system would include both development of a hardware network service providers and development of software that would interface with the consumer's electronic devices. The Company believed with the exponential growth of mobile computer use, the opportunity was there to exploit the demand for wireless connectivity.

Chief Financial Officer
Lawrence Lee
Number of Employees 6,200
Contact Information

15200 Shady Grove Road #350

Rockville, Maryland 20850

3018403888

NAICS Code Fluid Milk Manufacturing: 311511

Recent Events

  • Synutra Reports FY09 Q2 Results

    11/10/09 - Financial Announcement - View Story

  • Synutra International Selects Interim CFO

    11/05/09 - Mgmt. Change Entering - CFO - View Story

  • NewsWatch: USEC to sell plant units to Exelon in $1.2B deal

    9/12/09 - Financial Announcement - View Story

News & Analysis

synutra international inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Lawrence Lee Chief Financial Officer
Willie Wu Vice President

Board of Directors

Name (plus bio) Position
Jinrong Chen Board of Directors
Lei Lin Board of Directors

Organization Position Status
Synutra International, Inc. Chief Financial Officer Current
Synutra International, Inc. Board of Directors Former

Dr. Willie Wu joined Synutra International Inc. as Vice President in 2005. Dr. Wu has over 10 years of sales and marketing experiences in Chinese and US markets, which will serve him well as he leads Synutra into continued rapid growth. Dr. Wu brings with him deep insight on consumer behaviors and population-based market dynamics and an astute understanding on leveraging sales and marketing towards the success of an organization. Dr. Wu's accumulated wealth of sales and marketing experience were gained through prior experiences as a front-line sales representative in the field and in various corporate level management positions with the International Division of Bristol-Myers Squibb. At BMS he assisted in the launch of a new product with a sales team that records US$2.8 Billion in annual sales. In 2001, Dr. Wu led a multi-functional Sales and Marketing Effectiveness Team within Bristol-Myers Squibb in China where he was responsible for sales training and development, sales information, hospital/retail sales force effectiveness, market research, and marketing services. He earned his Ph.D in Sociology from the University of North Carolina, Chapel Hill, and his M.A. in American Studies from Beijing Foreign Studies University.

Organization Position Status
Synutra International, Inc. Vice President Current
Synutra, Inc. Vice President Current
Synutra, Inc. Board of Directors Current
Bristol-Myers Squibb Company Former
University of North Carolina, Chapel Hill Ph.D In Sociology Former

Organization Position Status
Synutra International, Inc. Board of Directors Current

Organization Position Status
Synutra International, Inc. Board of Directors Current
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     SYUT $13.14 -0.16 (-1.20% )
Average Volume 27,883
Shares Outstanding 54.00M
Market Cap 709.6M
Year High 16.6
Year Low 4.33
Earnings Per Share -1.67
P/E Ratio -7.87
Dividend N/A
Yield N/A
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