Dewmar International BMC Inc (DEWM)

[Det_Robert_Thorne]

That's completely missing the point

So if you ever drove through LA, MS, or other places along the gulf coast you will come to realize that it is not the wealthiest part of the Country. If you are expecting store front windows similar to Rodeo Dr or 5Th Ave you will be disappointed. Perhaps you believe we are a $10 stock. I do not. I think Jino's store is just fine. It is a Medicine shop not an outpatient surgery center. Congrats to Jino for opening a small business. I hope to profit from his endeavors.

The point wasn't that the the pharmacy wasn't in a nice area, but that it was a small store not owned by DEWM, the building wasn't owned by DEWM, and that it was a franchise business.

The point is that even if DEWM is providing some service to Jino's store in the form of assistance with hiring and billing management, as it could also be doing with Jino's Dimension Pharmacy store in Texas, it's not like these are properties held on DEWM's balance sheet, or that DEWM gets all the profits.

H&WRC, DEWM's service arm, is merely a service provider to stores owned by others, and we'll have no idea how much revenue these types of arrangements could bring to DEWM until the company files its overdue reports.

According to this study, "In 2014, the average pharmacist owning a single pharmacy earned about $228,000."

http://www.drugchannels.net/2015/11/independent-pharmacy-economics-profits.html

But if Jino owns the store, and he himself is not the pharmacist there, then you can cut that profit in half. Then how much does he take for himself as the owner, and how much does he pay DEWM for H&WRC's services?

And then, how much of this revenue to H&WRC fall through to DEWM profits?