Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer
03 Octubre 2024 - 8:15AM
InvestorsHub NewsWire
Basanite, Inc.
Appoints Ali Manav as Interim Chief Executive Officer
POMPANO
BEACH, FL -- October 3, 2024 -- InvestorsHub NewsWire
-- Basanite
Inc. (OCTQB:
BASA) is pleased to announce that the company has appointed Ali
Manav as Interim Chief Executive Officer.
Mr.
Manav is a seasoned business professional that has over 30 years of
business experience in a multitude of industries including building
materials, banking, IT, healthcare, and
manufacturing.
Mr.
Manav is a specialist in lean manufacturing and has displayed his
abilities to take companies from start-up to commercialization
throughout his career.
"I
would like to thank the Board of Directors at Basanite for this
incredible opportunity," stated Mr. Manav. "I see enormous value in
the products that Basanite has developed, and I am thoroughly
enthused to utilize my network and experience to lead this company.
I give my full commitment to Basanite to execute to the best of my
abilities and establish regular, transparent and concise
communications with its shareholders.
Ali holds an MBA in Management
and Entrepreneurialism from the Weatherhead School of Management at
Case Western Reserve University and has a bachelor's in business
administration with majors in Accounting and Finance from the James
B. Nance College of Business Administration at Cleveland State
University.
About
Basanite
Basanite, Inc.
(OTCQB:
BASA),
through its wholly owned subsidiary Basanite Industries, LLC, is a
manufacturer and developer of a range of environmentally friendly,
high-performance basalt fiber composite products used by the
construction industry. Superior to traditional steel
elements, Basanite's sustainable products are non-corrosive,
lighter, stronger and longer lasting. For more information, please
visit www.BasaniteIndustries.com.
Cautionary
Note Regarding Forward-Looking Statements
This
release, the symposium referred to herein, and statements by the
Company's management in connection therewith contains or may
contain "forward-looking statements," which are based on Company
management's current expectations and assumptions as
of the
date of this press release.
Such
statements include those regarding the Company's business and
performance, its prospects, its products and the market for such
products, the economy, and other future conditions and forecasts of
future events, circumstances, and results, and are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of
1995. Words such as "believe," "goal," "feel,"
"may," "plan," "will," "expect," "anticipate," "estimate,"
"intend," "potential" and similar expressions (as well as other
words or expressions referencing future events, conditions or
circumstances) are intended to identify forward-looking statements.
Forward-looking statements in this press release involve
substantial risks and uncertainties that could cause actual future
results, performance or achievements to differ significantly from
those expressed or implied by the forward-looking
statements.
All forward-looking statements in
this press release and made in connection with the symposium
referred to herein reflect Basanite's current analysis of existing
trends and information and represent Basanite's judgment only as of
the date of this press release. Actual results may differ materially from
current expectations based on a number of factors, many of which
are beyond the Company's control. For a further description of the risks and
uncertainties that could cause actual results to differ from those
expressed in these forward-looking statements, as well as risks
relating to the business of the Company (including the risk of the
Company continuing as a going concern), please see the Company's
Annual Report on Form 10-K for the year ended December 31, 2021,
including but not limited to the discussion under "Risk Factors"
therein, which was filed with the U.S. Securities and Exchange
Commission on April 15, 2022, as well as the Company's other
filings with the Securities and Exchange Commission, all of which
may be viewed at http://www.sec.gov.
Basanite (QB) (USOTC:BASA)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025
Basanite (QB) (USOTC:BASA)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025