Nemo by $BWMG
Like snorkeling, but better.
$BWMG is disrupting the $25 billion per year scuba diving industry.
$BWMG owns The Nemo, the world's smallest, portable, battery operated dive system. Nemo is $BWMG's fastest growing product.
Nemo is available on Amazon ($AMZN) and has been rated 5 stars by consumers!
Watch Nemo in action!
And watch this review by a certified diver with years of experience!
Nemo has an aesthetically pleasing Instagram with a growing following. And they've recently joined Tik-Tok as well:
Nemo is driving serious revenue growth at $BWMG, as evidenced by their
quarterly report in November and management commentary:
They introduced a brand new product to the market and generated over $1 million in sales through Q3. How many OTC stocks can say that?!?!
Judging by reviews on Amazon, and their own commentary from Q3, sales trends are clearly going in the right direction!
As the above financial snapshot shows, $BWMG has other products too. Their "Third Lung" product contributed over $2 million in sales through Q3 2020.
That is a 24% improvement compared to the same period in 2019. $BWMG has direct exposure to the boating industry through their diving products.
The boating industry is BOOMING thanks to Covid-fueled trends! Just see headlines like these:
What's good for the boating industry is good for the recreational diving industry as well. All of this directly benefits $BWMG!
$BWMG recently uplisted to the OTCQB, showing management is serious about adding value to shareholders.
Insiders own 75% of the outstanding shares leaving only 77 million shares in the float:
Of those 77 million shares, more than 50% are owned by members of this iHub board who are committed shareholders and big believers in $BWMG!
The bottom line on $BMWG
The company has REAL sales from REAL products. That alone puts it ahead of 99.9% other OTC stocks.
We're waiting on the next sales figures (expected on March 31st, 2021) and when the rest of the OTC world wakes up and
sees the success $BWMG is having, the stock will likely trade much, much higher!
Can you imagine how many Nemo's they're going to sell as the economy opens back up and everyone hits the beach???
Forward looking events to be excited about $BMWG
1) Q4 Financials are due out by March 31, 2021. We're expecting to see more sales growth!
2) The Reopening of the economy will bring a ramp up in travel and tourism which should benefit the recreational diving industry and $BWMG!
3) Nemo's next generation product, Nomad, is slated for release this summer! Nomad can go 20-30 FT deep!
Below are links to other important info for $BWMG:
Link to otcmarkets.com profile
Link to all Press Releases
More info on Nemo
Info on the Third Lung
Info on the Sea Lion
Latest quarterly report
Summary DD post
BWMG Contact Info
Brownie's Marine Group, Inc.
3001 NW 25th Ave. Suite 1, Pompano Beach, FL 33069