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Yes Ecomike. Saw it and like it. Would like to see what kind of revenues they bring. BWMG growing. Love it!
Indeed, it shows the company management values professionals and can get them on board to help find Nemo.
LOL, JK, actually Nemo is in stock on Amazon.
Today's news was awesome. And is proof that real DD and finding a stock with the right people, and the right stuff, in the right market, is invest-able.
Float lock 101, $BWMG up 100% from the impatient bid whacking just 6-8 weeks ago at low volume.
Lesson 1: Patience is rewarded and virtue.
This is an awesome news out today!
Company is clearly executing a well thought out strategy.
You can see on the level 2 how few shares are really available.
GLTA!
Just look what a small amount of volume does! .05 now!
BWMG!!!!
Let the chase begin
Great job Brownies ??
Z
Superb news!! I liked this statement among others:
The Company has also retained the services of Mr. Darcy Kieran, principal at the Business of Diving Institute, to guide Brownie’s Marine Group in developing and launching Live Blue water & wind activities centers
BWMG!!!
Is gold coast being bought for cash or shares What are they getting ? land building equipment how is the deal being structured?
Shares Authorized 1,000,000,000
Shares Outstanding 343,279,052
Shares Outstanding Date 07/22/2021
What matters is the Nano-Float. The rest of the shares are directors/officers on hold until they uplist to Nasdaq in about 2 years.
The large shareholder-directors have no exit until well after they get to Nasdaq in about 2(?) years.
They are buying up companies, growing revenue, and I suspect they have a huge surprise in the financials.
They already hit 8.8 cents early last year, with little effort, before the bought that scuba tank firm about 6 months ago.
A test of 10 to 25 cents this year is possible, because no one is selling and the float is tiny. The float has not grown in about 5+ years.
Wowzers, 2 for one deal? News items:
This is huge, they obviously have huge plans.
Great news ---- BWMG to acquire the assets of Gold Coast Scuba, Inc. and launch new subsidiary, Live Blue, Inc.
February 07, 2022 09:15 ET | Source: Brownie's Marine Group, Inc.
Pompano Beach, Florida, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Brownie’s Marine Group, Inc. (OTCQB:BWMG), (the “Company”) a leading developer, manufacturer, and distributor of tankless diving equipment, dive equipment, and high-pressure air and industrial compressors in the marine industry, today announced that it has signed a term sheet to acquire the assets of Gold Coast Scuba, LLC, a dive shop and scuba diving training center operating in Lauderdale-by-the-Sea, Florida.
“Gold Coast Scuba will be our kick-off to a newly created Live Blue subsidiary. The Live Blue concept has been in the planning stage as a for more than a year, and Gold Coast Scuba is perfectly situated to be an incubator for the concept,” said Robert Carmichael, Chairman of Brownie’s Marine Group, Inc.
“The Lauderdale-by-the-Sea facility is intended to be a pilot program for guided tours, rental, and coaching provided with the Company’s innovative line of products from BLU3. Lauderdale-by-the-Sea provides an ideal location for the Company’s pilot program since it allows for numerous water and wind-based activities to be launched from shore, including snorkeling, tankless diving, and scuba diving.”
Oh and check out these ASSets, LOL
Time to go diving with the babes and $BWMG's Nemo?
$BWMG Nomad diving rig video... finding gold jewelry etc.... while having fun.
Oh and news they are buying another company out this morning, second buy in about 6 months? Adding to the 40 year company history of operating companies it owns.
This is the path I thought they needed to take by having resorts vacation spots offer the equipment. Now they are going to do it themselves, others should follow and that's when sales take off.
How many shares issued now, is the OS over 500 M
$BWMG 4th quarter revenue was up 100% , so yes, it is up.
And today's news will grow it faster. Buying a second company just 6 months after buying another one, to add to the growing list of operating subsidiaries. Folks should dive into this one, before the cheap shares under a dime are gone IMO
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167791346
Great news ---- BWMG to acquire the assets of Gold Coast Scuba, Inc. and launch new subsidiary, Live Blue, Inc.
February 07, 2022 09:15 ET | Source: Brownie's Marine Group, Inc.
Pompano Beach, Florida, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Brownie’s Marine Group, Inc. (OTCQB:BWMG), (the “Company”) a leading developer, manufacturer, and distributor of tankless diving equipment, dive equipment, and high-pressure air and industrial compressors in the marine industry, today announced that it has signed a term sheet to acquire the assets of Gold Coast Scuba, LLC, a dive shop and scuba diving training center operating in Lauderdale-by-the-Sea, Florida.
“Gold Coast Scuba will be our kick-off to a newly created Live Blue subsidiary. The Live Blue concept has been in the planning stage as a for more than a year, and Gold Coast Scuba is perfectly situated to be an incubator for the concept,” said Robert Carmichael, Chairman of Brownie’s Marine Group, Inc. “The Lauderdale-by-the-Sea facility is intended to be a pilot program for guided tours, rental, and coaching provided with the Company’s innovative line of products from BLU3. Lauderdale-by-the-Sea provides an ideal location for the Company’s pilot program since it allows for numerous water and wind-based activities to be launched from shore, including snorkeling, tankless diving, and scuba diving.”
Mr. Carmichael further added, “before we roll out BLU3 guided tours to water sports activity centers around the world, we want to ensure that our processes and standards will consistently offer a legendary experience to people who want to connect with the underwater world without the need for a complete set of bulky dive gear and the traditional training requirements that come with it. We also want to assure the current customers of Gold Coast Scuba that it will continue to operate at its current location with the same team of dedicated dive professionals.”
“We are looking forward to working with Brownie’s Marine Group to introduce innovative products, services, and quality operating processes to our clients at Gold Coast Scuba while continuing our involvement in the community with organizations like DiveHeart,” said Bill Frenier, co-owner of Gold Coast Scuba.
The Company has also retained the services of Mr. Darcy Kieran, principal at the Business of Diving Institute, to guide Brownie’s Marine Group in developing and launching Live Blue water & wind activities centers. Mr. Kieran is an experienced dive industry professional having owned and/or managed retail, wholesale, and eCommerce dive businesses in Canada and the USA. He’s been a recreational diving Course Director and tech diving Instructor Trainer with numerous dive training agencies. He owned and/or managed dive shops, dive training centers, dive resorts, and charter boats in Canada and the USA. He’s been on the Board of Directors of DEMA, the Diving Equipment & Marketing Association.
“The dive industry is ripe for disruption. Now is the time to define and test a new business model that will offer consumers more convenience under a high-quality, trustworthy, and exciting lifestyle brand. This will allow Brownie’s Marine Group, Inc. to be ready to benefit from the surge in tourism we expect post-pandemic,” said Darcy Kieran of the Business of Diving Institute.
About Gold Coast Scuba
Gold Coast Scuba is a PADI 5-star dive center located a few blocks from the beach in Lauderdale-by-the-Sea. It opened in 2009 with a few partners, including Steve Gagas, who is still, today, the general manager. For more information, visit: GoldCoastScuba.net.
About Brownie’s Marine Group
Brownie’s Marine Group, Inc. owns and operates a portfolio of companies with a concentration in the industrial and recreational diving industry. The Company, together with its subsidiaries, designs, tests, manufactures, and distributes recreational tankless diving, yacht-based scuba air compressors and nitrox generation systems, and scuba and water safety products in the United States and internationally. The Company currently has four subsidiaries: Brownie’s Third Lung; BLU3; LW Americas; and Submersible Systems. The Company is headquartered in Pompano Beach, Florida. For more information, visit: BrowniesMarineGroup.com.
Source: Brownie’s Marine Group, Inc.
Contact Information: (954)-462-5570
investors@browniesmarinegroup.com
Investor Relations: Hayden IR
Contact: Brett Maas (646) 536-7331
brett@haydenir.com
Indeed they do have huge plans.
And the right people, and bankers IMO.
The float is not getting any larger until they have been on Nasdaq a while IMO. Before Nasdaq, It looks to me like they are going a buying spree, the right way, buying synergistic operations that are a good fit for existing $BWMG operations.
Party hat time folks. Time for BWMG to surface.
Brownie’s Marine Group to acquire assets of Gold Coast Scuba and launch new subsidiary, Live Blue
https://seekingalpha.com/news/3796518-brownies-marine-group-to-acquire-assets-of-gold-coast-scuba-and-launch-new-subsidiary-live-blue?utm_source=advfn.com&utm_medium=referral
Lots of eyes on seeking alpha!!!
8-K will be next, because $BWMG is SEC reporting.
That 8-K will wake the dead.
Only way to get even a few shares now is at the ask.
No convertible or toxic debt in ages here.
OTC QB uplisted by the new CEO last year.
Now a second operating company buy in 6 months.
https://ih.advfn.com/p.php?pid=nmona&article=87206860
Great news, sounds like they have a plan to grow this business huge!
GLTA!!!
Already pre-announced double the revenue in the last quarter here:
https://ih.advfn.com/p.php?pid=nmona&article=87075235
Folks must be sleeping late today. LOL, Massive news out at 4:25 am.
This CEO is not on the Golf course all day.
Second acquisition in 6 months just announced.
Thanks for the post. Things are looking up!
BWMG!!!!
That's right! Not much volume because several of us are loaded and waiting for explosion. Volume will come, and like you said, it could be at a dime very quickly. And a quarter after that!
BWMG!!!!
I just re-read this post #17548 by "DrivieNSail" Does anyone here know how to plus one this post and if so could they. I still think that this is a very informative post about the dive industry. Thanks in advance!
Been here since 2014. Made my share buys not long after when I saw a pre Nemo days, profitable quarter reported.
Bought more when the Nemo project was crowd funded with so many pre-order buys on the crowd funding effort.
I could have taken a tidy profit at 8.8 cents last year, but this stock will be worth way more in time. I am a long term buy and hold investor...like 99% of the shares here. That is why there is little volume.
Nemo in Korea,
That's a neat observation.
I bought a large position and I think caused a spike when I started doing so (maybe back last March).
But the OTC market was also much hotter at that time.
You are right, when people get wind of the product and see the price of the stock, they buy. That's what I did. Why not place a bet and see if this returns 1000% or more over a few years?
The product is so well reviewed and the company is well run.
My two cents worth, after looking back a couple of years. It seems that the stock makes a big move each year right after the Miami boat show. I’m guessing people see the products up close and then realize the company is publicly traded and go in and make stock purchases for market value. Causing a big spike.
I saw one sized order in the $0.04's the other week but that was it.
the only consistent size I've seen for months is that big order sitting in the high $0.06's
I like the lack of selling and fact the asks are pretty much back up now. Won't take much to get back over $0.05.
I think the company is doing a good job executing. Patience required.
I'm sure there's more hidden than showing, but the asks are only showing 10k shares all the way to the big ask over 7 cents.
Z
I haven't followed the stock in a couple of years but spoke to someone that has used the rigs. Commented that a couple of things need improvement but loved it overall. Are there any plans to have them at vacation resorts for guests to rent / try?
I have seen 1 million share bids pop up several times on BWMG.
Any one that wants volume is going to need to assault the ask up 100% higher, to get any real volume.
.0365 on low volume. Doesn't take much to move BWMG.
The market was a blood bath the last 3 months. I see a lot of stocks down 50 to 80% including some that were $300/share stocks at the highs last year.
Today was one hell of sign the market bulls are not done goring the bears and shorts. It even spread to OTC for many OTC stocks.
Let's see if this continues this week, market wide, and spills over here to $BWMG.
The pre-announcement the other week was an excellent development. Aside from the fact that it was positive fundamental news, it showed the company's excitement to relay it as soon as possible and not sit on the news.
The market remains slow to catch on here, but I think that's mainly due to overall OTC market conditions than it is specific to BWMG.
Ok I’ve got a total of 55 shares that I bought 10 years ago @0.54. I’m in for the long haul
Nobody talking about 500,000 share bid yesterday? Thought that was nice to see. Someone stepping up to the plate and taking out some short sighted sellers. Kudos.
T
Good to see a bright spot in today's sea of red. 2022 should be BWMG's year!
GLTA!!!
Totally agree, definitely making serious progress compared to a few years ago
Z
Wonderful news!
BWMG!!!!!!!!!!
The real companies on OTC are often quiet sleepers, because they are never pumped and dumped. $BWMG is one of them.
Folks check out my $BWMG post with the news just out today, and join us on the weekend warriors room I helped start in 2014, that is back and alive. lets fill folks in there this weekend Nemo and BWMG. And dive in there?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167586850
Here is the news link and high lights:
https://www.stocktitan.net/news/BWMG/brownie-s-marine-group-preannounces-record-fy-2021-revenue-of-6-122-9km3memk30f6.html
January 21, 2022 - 9:37 am
Pompano Beach, Florida, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Brownie’s Marine Group, Inc. (OTCQB: BWMG), (“BWMG” or the “Company”), a leading developer, manufacturer and distributor of tankless dive equipment, redundant air tank systems and high-pressure air and industrial compressors, today announced certain preliminary unaudited financial results for the Q4-2021 and FY-2021.
The company expects Q4-2021 total revenue of approximately $1.900 million, up 104.3% compared with $0.930 million in Q4-2021.
The company expects FY-2021 total core revenue of approximately $6.122 million, up 52.5% compared with $4.016 million in core revenue for FY-2020. (FY-2020 core revenue is calculated with the removal of a one-time sale of the BLU3 ventilator program to the U.S. Military for $570,060 during FY-2020).
“We continue to grow revenues throughout all of our business divisions, and especially in the sales of Blu3, Inc.’s Nomad and Nemo recreational units,” said Chris Constable, CEO of Brownie’s Marine Group, Inc. “When we announce our fully audited year-end numbers later in March, we’ll go into further details of the different business units and margins, but for now, we wanted to share with our shareholders the good news about the overall sales numbers.”
“I am proud of our team for pushing ahead in what has been a challenging operating environment for everyone in regard to the various supply chain and logistics issues,” said Robert Carmichael, Chairman of Brownie’s Marine Group, Inc. “We look forward to a prosperous FY-2022 in what will hopefully be a less volatile business environment.”
About Brownie’s Marine Group
Brownie’s Marine Group, Inc., owns and operates a portfolio of companies with a concentration in the industrial, and recreational diving industry. The Company, together with its subsidiaries, designs, tests, manufactures, and distributes recreational hookah diving, yacht-based scuba air compressors and nitrox generation systems, and scuba and water safety products in the United States and internationally. The Company has three subsidiaries: Brownie’s Third Lung; BLU3, Inc.; and LW Americas. The Company is headquartered in Pompano Beach, Florida.
For more information, visit: http://www.BrowniesMarineGroup.com
when i got the alert i got so excited lmao.
9:37a ET 1/21/2022 - Globe Newswire
Brownie's Marine Group Preannounces Record FY-2021 Revenue of $6.122 Million, Up 52%
Mentioned: BWMG
Brownie's Marine Group, Inc. (OTCQB: BWMG), ("BWMG" or the "Company"), a leading developer, manufacturer and distributor of tankless dive equipment, redundant air tank systems and high-pressure air and industrial compressors, today announced certain preliminary unaudited financial results for the Q4-2021 and FY-2021.
"We continue to grow revenues throughout all of our business divisions, and especially in the sales of Blu3, Inc.'s Nomad and Nemo recreational units," said Chris Constable, CEO of Brownie's Marine Group, Inc. "When we announce our fully audited year-end numbers later in March, we'll go into further details of the different business units and margins, but for now, we wanted to share with our shareholders the good news about the overall sales numbers."
"I am proud of our team for pushing ahead in what has been a challenging operating environment for everyone in regard to the various supply chain and logistics issues," said Robert Carmichael, Chairman of Brownie's Marine Group, Inc. "We look forward to a prosperous FY-2022 in what will hopefully be a less volatile business environment."
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!
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
Phone: 954-462-5570
Fax: 954-462-6115
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