Basanite Industries (BASE) appoints new CEO Michael Nelson

Basanite Industries, Inc. (OCTQB: BASA) today announced it appointed Michael D. Nelson as the Company's Chief Executive Officer.

Mr. Nelson is a retired Lt. Colonel in the US Army and a 11-time combat-deployed Green Beret veteran of the Iraq and Afghanistan theaters. Mr. Nelson has recently served as the Chief Operating Officer for the Global Energy Security Institute as well as a member of the counter-terrorism project for the Atlantic Council. Prior to that, Mr. Nelson was the Director of Operations for the Institute for the Study of War.

"I am thrilled to join Basanite, inc. This is a great opportunity with a truly revolutionary set of products which I believe will transform construction and concrete reinforcement," stated Michael D. Nelson. "This is an exciting time, and we are ready to seize the opportunities ahead."

Mr. Nelson holds a Bachelor of Arts degree in History from Virginia Military Institute, a Master's degree in Defense Analysis from the Naval Postgraduate School, and a Master's in Business Administration from the Darden School of Business at the University of Virginia.

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