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I've often told people about the great products but lackluster stock price/trading of bwmg. As an example of a company with literally nothing trading higher than us, take a look at mrdh. Nothing going on for years and still trading higher than here. Ridiculous. I am bidding here and have recently bought. Trying to bring average down can not see how we don't trade higher eventually. I wish seller would put out actual amount he is selling and what price he wants. Then we can bid from there. This dribbling of little amounts here and there doesn't give me any urgency. So I will just sit and low ball awhile.
T
Z, in regard to the 10k trade that left the bid still at 10k, it simply went to a different MM. one that might not even of had a similar bid. To keep flow from selling institutions coming to them they will often take stock that they don't have a buyer for. They may see an opportunity to off load at ask if stock trades well. They figure they can hit the actual bid if they want. But continuity of flow is big to a MM.
As to the short, I doubt anyone is stupid enough to do it down here. I don't know anything about previous CEO but if he had restricted stock he could short against the box. I get a chuckle how companies do secondarys and say the stock is locked up for X months. First off, half the investors buying it at what is normally a nicely reduced price, will either sell stock they have or short stock,thus covering with offering stock. So let that be another instance where the street always gets around the flaccid SEC rules. Rules for thee, not for me.
T
For the long term view, I like to accumulate a position at .2c or lower. I am just watching the monthly chart. It would be nice to see a close above 1.6cents. If I was rich I would try and buy a bunch to start bull reversal candles on yearly and quarterly charts.
Incorrect and Noted
You sound like the obvious one that is short and trying to pretend there is no devil, never was a devil, and that your short position of at least 1.2 mil shares does not exist, or you would not be the only barking up the wrong tree here making so much noise? Either that or you blind in one eye and can not see out the other?
Fact: 1.2 Million shares were borrowed to hide them from the FINRA end of month short interest data collection today.
https://fintel.io/ss/us/bwmg Is the official source for the Finra data.
You can bark all you want, just helps raise the post count here and get more eyes and buyers on the stock, and raise the question of why thou art protesting so much about the truth?
So Bark all you want. You were in diapers when I was started trading stocks. Have a nice day.
Oh, and the Ex-CEO is still a director, and thus not allowed to sell with out filing a Form 4. So enough of that BS story.
Naked shorts are a well known, common problem. Theft Street pays the elected officials to hide the evidence and bodies. Don't Forget Enron, Bernie Madoff who ran Nasdaq before building his multi Billion dollar Ponzi scheme that the SEC refused to their jobs to expose them both. And the biggest scam of them all CDO's by Lehman's Brothers that printed trillions of dollars of vapor wear phantom scam packaged mortgages..
Lmfao, see your a$$wipe comment along with your the guy who got the stock to 8.8 cents is what makes you full of yourself.
So the way I see it is your naked short fantasy is just that a fantasy. Where's the volume, where's the report/s showing massive amounts of naked short volume for this stock. And shorts having to cover. Sure you showed a website showing the amount of naked shorts available, but that didn't show they were purchased and the volume definitely showed they weren't bought.
You can put whatever new rule or whatever the SEC or whoever puts out there, but just like the rule years ago that said MMs have to show accurate bid and ask amounts. Just this last week someone hit the ask for 10k, the ask was 10k, guess what the ask still showed 10k at that price. So that rule isn't enforced.
Clearly our little tift caused charmichael to put out news release about BWMG. But wow the volume was nada after that PR.
Again I've been here for a long time and I'd like nothing more than to see this company succeed as i have my hard earned money invested here too and I believe in this company. But throwing short comments with no actual proof is a disservice to the peeps invested in this stock.
Act like a child and sling the name calling to me or any one who disagrees with you if it makes you feel better, but if you're being true to the board then bring the facts that pertain to this stock, not some bs SEC rule that most of the time is just window dressing especially in the low volume otc stock we are.
Again just my opine, but working together instead of this stupid banter crap would serve the stock and the board better.
So yeah, I've not only done the research, but I also have been around the OTCs for a long time, but I'm also open to learning or seeing new things.
Z
Bman I must say im scratching my head at the nice post comment. Cuz you have been here for a long time like me and others and you actually believe the short baloney. Who in their right mind is going to naked short a stock that primarily has squat for volume. Just because eco shows a web page that says there's 1.2 million shares to short or whatever it shows, you actually need those shares to be bought to be short. Look at the volume the last few months, nothing but bid trades primarily on the days we actually do modest volume for this stock, which aren't many.
Shorts having to cover hit the ask before they lose their ass, unless there's someone dumping, you know like the ex ceo who you know received shares for coming on board.
Again all in my opine
Z
Our investment here is solid, IMO.
BWMG!!!
Nice post! I'm gobbling up some shares all along to add to my truck load.
BWMG!!!!!!
Everyone got the Nemo Halloween costumes ready, so we go $BWMG deep-diving for ghosts and Goblins in 3 days?
That's Great News!!!
Now we need to do some sales!!!!
Very Bullish on this company.
Ka-Baba Boom baby, and so it begins... WE have $BWMG News: Pompano Beach, FL, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Brownie’s Marine Group, Inc. (“Brownies”) (OTCQB: BWMG), a leading developer, manufacturer and distributor of tankless dive equipment, redundant high pressure air rescue tanks and high-pressure air and industrial compressors in the marine industry, today announced that success at the Annapolis Powerboat Show and Annapolis Sailboat Show exceeded expectations for subsidiaries Brownie’s Third Lung, Inc., BLU3, Inc. and LW Americas.
Brownie’s Marine Group continues to target boaters and scuba divers with a consistent presence at boat shows around the country. After attending the Annapolis Powerboat and Sailboat Show for the fifth consecutive year, Brownie’s Marine Group experienced an increase in interest at the 2023 Annapolis shows. We believe the rise of interest in the Brownie’s Marine Group brands can be attributed to the brands’ consistency at shows paired with the normal timeline for consumers’ buying decisions of these products.
Blake Carmichael, CEO of BLU3 stated “The interest in BLU3 at this year’s Annapolis shows proves to us that brand awareness, repetition and influencer marketing are a testament to the power of planting the seed. And while the concept of tankless diving continues to grow in popularity, we have found that it often requires several interactions before a customer considers buying. With the influx of repeat interest and customers coming back to sing their praises, we know the concept and product are making their mark.”
BLU3 has fostered many meaningful connections-turned partnerships with content creators in the boating industry. Mr. Carmichael went on to mention the impact content creators in the sailing industry have had for the brand and product line.
“We believe that content creation is now more lucrative than ever. And as we have seen at BLU3, getting your product in the right hands and in front of the right audience will bolster sales, increase brand awareness and further educate people about the sport of tankless diving. With the surge of sail boating channels on YouTube, we have had the opportunity to provide that community with a solution for underwater boat maintenance.”
For additional information on the successes of content creation, visit https://www.youtube.com/@diveblu3.
Brownie’s Third Lung also experienced an increase in sales during the Annapolis Boat Shows with many resulting from conversations started in prior year’s shows.
“As we have seen this year, the concept of tankless diving has taken the Northeast by storm. While we know not all boaters are divers, we know boaters still need to get under the boat from time to time for various reasons. Providing boaters with a seamless alternative to filling and lugging tanks is a viable solution they have been looking for,” said Stacy Wall, Director of Sales at Brownie’s Third Lung.
Ms. Wall also noted the many returning customers who purchased additional products as well as the frequent browsers who came back from prior years to purchase a Third Lung Sea LiOn.
Based on the success from the 2023 Annapolis Boat Shows, Brownie’s Marine Group believes that this trend will continue as the concept and brands continue to grow.
We believe that patented technologies in BLU3’s Nomad, Nomad Mini, and Nemo and Brownie’s Third Lung Sea LiOn, give these Brownie’s Marine Group brands a distinct advantage over competitors. The technologies are concentrated on simplifying the experience of breathing underwater, which opens up the consumer base for a wide variety of applications including boating, treasure hunting, recreational diving and pool maintenance. At the Annapolis shows, the primary interest was for usage in boat maintenance and emergency scenarios, and for recreational exploration when sailing to tropical locations.
Notable upcoming shows where Brownie’s Marine Group brands will be exhibited include:
👀
Fort Lauderdale International Boat Show
DEMA (Worldwide Dive Industry Show)
Miami International Boat Show
Dubai International Boat Show
Boot Boat Show (Dusseldorf, Germany)
Seattle Boat Show
Gigantic Nautical Flea Market
Suncoast Boat Show
Palm Beach International Boat Show
About Brownie’s Marine Group, Inc.
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 five subsidiaries focused on various sub-sectors of our industry, including Brownie’s Third Lung, Inc. in Surface Supplied Air, BLU3, Inc. in Ultra-Portable Tankless Dive Systems, LW Americas in High Pressure Gas Systems and Submersible Systems, Inc. in Redundant Air Tank Systems, and Live Blue, Inc. The Company’s wholly owned subsidiaries do business under their respective trade names on both a wholesale and retail basis from our headquarters and manufacturing facility in Pompano Beach, Florida, and a manufacturing facility in Huntington Beach, California.
For more information, visit: www.BrowniesMarineGroup.com.
Safe Harbor Statement
This press release may contain forward looking statements which are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors. Stockholders and potential investors should not place undue reliance on these forward-looking statements. Although we believe that our plans, intentions and expectations reflected in or suggested by the forward-looking statements in this report are reasonable, we cannot assure stockholders and potential investors that these plans, intentions or expectations will be achieved. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. Except to the extent required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, as filed with the Securities and Exchange Commission (the “SEC”) on April 22, 2023, and our other periodic and quarterly filings with the SEC.
Source: Brownie’s Marine Group, Inc.
Contact Information: (954) 462-5570
investors@browniesmarinegroup.com
Noted and Correct
News flash a-s-s wipe, I am the guy that got this stock to 8.8 cents in 2021. I did it by sharing public Info and explaining what BWMG is and has.
Since the FED has crashed most everything except a few stocks I married and guarded, the last 2 years, it is not the management's fault.
So stop being a jerk, you and your side kick, and get with the plan. Or sit here and complain and run up the post count for me. That works too, LOL.
When the ask is slapped for the entire days volume and 100% of the volume is shorted with naked fake shares, that is all you need to know about the shorts holding this down, if that is not too much for you to comprehend?
So we bear trap the shorts, eat as many shares as they are dumb enough to sell us, we keep an excel spread sheet and keep tabs on the Minimum trapped short count, then we raise the price 1000% and hit the shorts with Max Pain until they are forced to cover and loose a few million dollars to us..
By the way there are over 100+ Nasdaq stocks with market caps not much Higher than BWMG.
I do real research bud, so get over it...
So dumb question for ya ecomike
How many shorts are you seeing in your research?
Cuz last time I checked, our volume has been virtually squat for naked shorts to make a difference.
Otc short report isn't reporting more than 700k in shorts since Sept 28th.
And I'm assuming you've been trading otc for some time and if true than you'd know that all these "new" rules on making sure the shorts actually have to cover has been going on for a long time. Kinda like mms showing true ask and bid amounts.
Sure they've cleaned it up over the years, but it's still flawed.
But more importantly your blah blah blah about shorts covering for this stock holds no water. Our volume is squat and, for the most part, has been for months.
Again, since July 10th to now, most of our large volume days, which aren't many, have been heavy trades on the bid. Desperate shorts tend to drive the price up by buying shares on the ask if they have to cover.
But our old ceo, who just happened to cut ties on july 10th, really wouldn't give a damn to dump his shares on the bid, hence causing the downward trend. My theory, of course.
So in my opine it's not naked shorts or any sizeable shorts at all.
Mr. Carmichael might be able to chime in about that, but I doubt it. The old ceo failed at bringing this stock to the next level, and my hunch is he said I'm not your guy and is selling what he can for what he can.
So next time before you start yapping about loud mouths, you might want to get your facts straight. Because posting another round of sec or finra rules about shorting doesn't apply to this stock.
And if you really do your research, you'll see this is a rare revenue producing OTC that has a very weak share trading volume over the years.
Good news is they're not a pump and dump.
Of course, as always in my opine
Z
Shorts will eventually cover, IMO.
BWMG!!!
We truly provide the world’s most portable Dive Systems
Please say it to the rest of the world. Not here to a 4 people audience.
This is one of the patents in our portfolio http://diveblu3.com/patents . The significance of this invention is what allows this range of products to remain super small, lightweight, airline, transportable, and low cost while still meeting the high-quality standards Brownie is known for. The Smart Reg as we call It, is the world’s first and only software driven regulator for Diving. It automatically and continuously balances the internal pressure with the ambient pressure. Coupled with our Florida built linear magnetic compressors, We truly provide the world’s most portable Dive Systems.
Well I'll be a suck egg Mule, what in tar-nation happened here, $BWMG closed up 26.3% in one day. Good heavens.
Are shorts covering?
A new Hope?
Good read. Also, talked to R.C. today. Seemed upbeat about BWMG future, but of course, couldn't nod up or down on anything in particular. Feeling good, here, about things potentially turning around.
BWMG!!!!!!
For the load mouths who do not do real DD like I do, Friday's major news on illegal shorts, and yes they are shorting BWMG, is here:
NEWS!!!
https://www.reuters.com/markets/us/us-sec-finalize-rules-increasing-transparency-short-selling-market-2023-10-13/
The rules, first proposed in late 2021 and early 2022, **will require investors to report their short positions to the agency, and companies that lend out shares to report that activity to the Financial Industry Regulatory Authority (FINRA), a self-regulatory body that polices brokers.**
Oct 13 (Reuters) - The U.S. Securities and Exchange Commission on Friday agreed to roll out new rules aimed at boosting transparency of short selling, the controversial practice of betting against stocks that drew new scrutiny amid the GameStop saga.
The rules, first proposed in late 2021 and early 2022, will require investors to report their short positions to the agency, and companies that lend out shares to report that activity** to the Financial Industry Regulatory Authority (FINRA), a self-regulatory body** that polices brokers.
Short selling involves borrowing a stock to sell it in the expectation the price will fall, then repurchasing the shares and pocketing the difference. Should the price rise, the seller can be exposed to potentially unlimited losses.
Short interest in the U.S. market totaled $927 billion as of Thursday, according to analytics firm S3 Partners. The practice has long been divisive, with critics accusing short sellers of trying to hurt companies, and short sellers arguing they help root out fraud and corporate misconduct.
Short selling drew renewed scrutiny from Congress in 2021 when retail investors drove up the price of shares in retailer GameStop (GME.N), causing heavy losses for hedge funds that had shorted the company. In the wake of the saga, SEC chair Gary Gensler told lawmakers he would increase the transparency of the market.
BWMG A new Hope rises as true BWMG longs return to battle the shorts.
You really have no idea do you. And if Carmichael had an iota of brain, he should be starting to advertise the new Ozempic and Mounjaro patients to try his gear. Advertising locally to the happy people who have lost so much weight that they want to try casual scuba. But of course, the guy is happy with his 1 cent price stock.
Perhaps more DD is needed.
This is the OTC market.
FINRA is like the fox guarding the hen house. They work for the people they regulate, to protect the crooks on Wall street. They are not there to protect us.
This is the BS the fox sells to the sheep to protect the lies:
Thanks for the compliment "Check the freaking chart Einstein"
Volume does not mean shit. 99.9% of longs are quietly holding. That is great.
I was the first one to kick the tires over, here in recent weeks, after I brought in the some buyers and Shorts started shorting
at 100% short volume on the daily volume for weeks. They are likely trying to cover, and playing games.
What I want to know is who is doing this and why. If the company is raising money and some one is pushing the price down to
price cheap shares, that is insider manipulation by loan sharks. And it is time the US DOJ put a stop to that in the entire stock market.
It is time they did it above the market to make a statement.
I am in a stock that raised money at 2 times the low. What a novel thought?
Some thing is rotten in Denmark.
I am buying, and don't give rats ass what morons think... and loud mouths think.
The “real” short.
And no I won’t debate it.
https://www.otcmarkets.com/stock/BWMG/quote
Easy boys. Still a believer, here, with many shares. I am hoping for a good report and/or good news. I've been here a loooong time, but just haven't posted as much lately. Been really busy. Been buying some of the cheapies here and there. Good luck to all here.
R U freaking serious?
Stop with the fantasy island shorts crapola and calling everybody out with an opine about Brownie's you don't agree with. You've been yapping for a long time, yet here we are worse off than before oh wise one. 8 cents give me a freaking break.
We've heard squat from Carmichael, on the surface the company is undervalued, but this has been going on for years, a lot of years and clearly something is seriously wrong with a company that actually has multimillion sales numbers and yet barely any volume overall and stock price that's pathetic and has NO interest from investors. PROVE ME WRONG!!!
We're freaking subpenny and for the most part this stock trades squat in volume over the last 4 plus years. Yet we have multimillion in sales and multiple revenue streams and again we're sub freaking penny with constant dowward pressure over the last year plus. Check the freaking chart Einstein
Again prove me wrong and just like a mm showing 10k on the bid or ask it's BULLSH!T for the most part. Hit it with 10k and it's still there, so finra sminra short reports.
All in my opine of course and yes I've been here for a long freaking time. It's time for this company to get called out and explain what the heck is going on, cuz this makes no freaking sense!!!!
When's the last time Carmichael chimed in on this board, he used to from time to time?
Z
Bull shit, Bull shit and more Bull shit.
Sounds like you are call FINRA a liar on their own short data
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172888268
You did one thing right, so one brownie point for that.
$BWMG is way undervalued
I think I own a lot more shares than you do.
Shorts? For an OTC stock with volume in the hundreds?
I really don’t care about how the ex CEO did this and that for another company? His record here was dismal.
As for the new old CEO, it’s his company. So why doesn’t he use legitimate PR to bring the stock to say .08, RS 50/1 and take it to Nasdaq? There should be enough fundamentals to support.08 share price.
The COB of directors owns over 50% of the stock, was up around 70%, he is not an officer, just a millionaire (LOL) investor going back over 10 years ago.
He has zero exit until the stock uplists to Nasdaq. I doubt he is pulling a paycheck, as that would be dumb...
The CEO for the last 2 years, that oversaw the 3 acquisitions, took his prior Firm to Nasdaq, that he ran for 17 years.
Now that he is just a director the salary cost paid to him is gone, which will help the bottom line. The earlier CEO is back now (Same person I think?)
And has been part of the company for a very long time (I forget if he is the one that is/was a Navy seal?).
You obviously know very little about the company and people.
This bwmg handle guy, i guess he is the ceo. What has this idiot been doing for the past two and half years. Is this guy, who I presume has millions of shares, satisfied with a mere 6 digit salary when his stock should be worth so much more?
The ex-CEO is still a director, so he is not selling,
100% short volume on a near no volume stock is total BS. No dilution, no retail selling and 100% shorting?
That is insane.
CEO or the COBD needs to get off his ass and do something to get eyes on the stock, using social media before the bottom falls out.
It is that simple.
BTW, I am the person that got buyers here 2 years ago that rallied it 8.8 cents.
The float is tiny. The Market cap for a stock that has 8 Million dollars in annual revenue is embarrassing.
The stock had lots news and you tubers and customers buying shares since 2014. The last year to 18 months has been like no one is home.
If management does not get on a chat site and talk about the stock now, and how undervalued it is and/or get an analyst paper written
and out to a large audience to get eyes on the stock it will dead by the year end. They also need to show they care about retail, and stop driving the stock lower selling discounted shares to cover losses.
Enough is enough...
Yeah I will just hold. Looks like a parabolic decline on monthly. I made the mistake of not selling full pos near blow off top. I never thought it would retrace this much.
Look at the 3 month chart, of all the high volume days, 200k or more, which weren't many, the majority of trades have been on the bid. I don't remember how many shares the ceo guy who stepped down in july received, but it seems plausible he's getting rid of them.
Still scratching my head that as far as this company has come over the year's we're still seeing very little demand from a company that has revenues. From many different divisions as well.
Just my opine
Z
It is insane to be bearish at these levels. If I was rich I would try to squeeze this stock just for fun. I'd add here but I'm poor. Will just hold. I wonder who benefits from the whales pushing price lower. Maybe enough people have already been flushed out that the low will be in soon, and a v reversal.
Some one is heavily short fake shares here people. 100% short for all the volume in one day this weeks is nuts. Shorts on BWMG are digging a deep hole for themselves.
86% on the large volume day this past week.
I smell a short squeeze Opp, so stay out of the way folks I want all the shares up to .08
This going to be fun.
I’m friend with the Professor and could not reply in private message otc-_guy
Awesome, glad to hear it. Let me know if there is anything I can do to help (not looking for a pay check, I am just an outsider activist, that is still accumulating undervalued shares). I have several 1000 followers in the OTC world, that would love to engage the CEO and hear what BWMG is and has,
that have no idea yet how under valued BWMG is or how huge its revenue is compared the 99% of the Junk stock on OTC.
Now is good time to wake OTC up to the great BWMG products new folks might want to buy, like Nemo diving rigs, for holiday gifts at the end of this year for the kids and family.
New eyes are needed, ones that are not yet customers and shareholders..
Since March 22, we've drifted down to the penny range from .04. As we all know, it doesn't take much buying or selling pressure to move this one way or the other. Every time lately we get large bids, they eventually trade on the bid side and the stock drifts down on average.
Im definitely not insinuating anything like day trading.
And I agree with everything the company has accumulated and the revenue that's being generated we should not be teetering with .01
Just my opine
Z
Hey Mike, I hear you loud and clear. looking at the best way to configure our five operating companies for current economic environment and to be positioned to capture the most of next year and the following seasons. Thanks for your patience everyone. I’ll get a shareholder message out when plans settle in.
BS there has been no volume thus no selling. This has zero day traders... and no volume
And the current CEO needs to get off his ass and do some kind of Promo effort to get retail eyes on this stock and bid support.
Put out a free share holder letter update through OTC markets, or get interviewed on a You tube stock channel
Any one else want to be stupid and dump shares cheap into my lock box strong hand safes?
CEO should reach out to me and lets talk if he is not in a quiet period. Or lets just talk about fast easy ways of getting new eyes on the stock for bid support.
There has been zero effort in years to get retail excited about this stock. With the current info the market cap should be 4 times what it was a day
ago even in this market.
Are you listening Mr CEO ?
I know shells with no revenue with way larger floats than BWMG and they have OS share counts with 5 times the market cap here.
Me, either, but had to get 50k today at .01! Unreal!
Wow never thought I'd see. 006 on the bid again
Clearly someone or multiple peeps have been unloading shares for quite sometime
Z
Chances it will make 440000 in profit this year is not slim, especially after lots of reductions in costs. If yes, it is trading forward pe of 1.
You're exactly right, IMO. Bout to place an buy order.
BWMG!!!!
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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