Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
From Rico portaro just now. Outstanding shares is 2,156,513,513
CEO says NO to reverse split.
The rumor mill has it that they won't have to use stock to finance heavily now and A/S increase was for controlling protection.
Just a rumor ;)
3 Years later...care to update us on current information?
DEWM being SUED for MISCONDUCT by Shareholders.
On November 9, 2011, Charles Moody and DeWayne McKoy filed a claim against DSD and Marco Moran, CEO, in Bossier Parish, LA 26th Judicial Court. Charles Moody and Dewayne McKoy, allegedly both shareholders of DSD, brought an action against Dr. Moran alleging that he engaged in various acts of misconduct and breaches of his fiduciary duties to the corporation which damaged them as minority shareholders. Moody and McKoy also seek damages from Dr. Moran for dilution and/or loss of value of their shareholder interest in DSD as a result of his alleged misconduct. DSD is a nominal defendant in this derivative action, as required by Louisiana law. Initial pleadings have been filed and exceptions to the plaintiff’s claims have been asserted. Discovery has not yet commenced. DSD vigorously denies that its officers or directors engaged in any conduct which may have harmed minority shareholders.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9611368
That is not true.
ALL DEBT HAS BEEN CONVERTED!
I guess my statement won't get an explanation.
CEO DOESN'T pay the bill and it's CHARGED to shareholders.
Company offers the Distributor credit terms of “on consignment.” During the nine months ended September 30, 2013 and 2012, the Company recognized revenue from product sales to the Distributor of $9,054 and $8,500, respectively, which represented 4% and 2%, respectively, of total product revenue recognized by the Company. At September 30, 2013 and December 31, 2012, receivable from the Distributor was $10,853 and $6,329 respectively.
DIRTBAG CEO pays HIMSELF for "Distribution". LOLzzzzzzz.
The Company is engaged with a distributor that is wholly-owned by the Company’s CEO (the “Distributor”). The Distributor is responsible for shipping out product samples, transferring small quantities of product to local distributors at the request of the Company, sales of product to local retailers or small wholesalers and for the fulfillment of online sales orders. The Company may withdraw cases of product from the Distributor at the Company’s will for Company use, for which the Company will provide the Distributor with a credit memo based on a per-case price equal to the price paid by the Distributor to the Company.
The Distributor pays the Company on a per case basis which is consistent with terms between the Company and third party distributors. Since the Company uses a substantial amount of the Distributor’s inventory as samples and promotions, the Company offers the Distributor credit terms of “on consignment.” During the nine months ended September 30, 2013 and 2012, the Company recognized revenue from product sales to the Distributor of $9,054 and $8,500, respectively, which represented 4% and 2%, respectively, of total product revenue recognized by the Company. At September 30, 2013 and December 31, 2012, receivable from the Distributor was $10,853 and $6,329 respectively.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9611368
So Asher is all converted, it's been pointed out. Since it's pointed out, now it's time to say there's more debt? Which one is it???
New TOXIC DEBT IN PLACE wait for the next Q! LOLzzzzzzzzzz.
All Asher debt was converted already. Even the sixth. I'll be glad to do a shouting match as well.
SIX Agreements with TOXIC FINANCER Asher
On April 16, 2013, the Company entered into a sixth Securities Purchase Agreement with Asher Enterprises, Inc.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9611368
I sent off an e-mail wondering why the Feb 1st restock didn't happen.
I wrote:
You would think one with a product in a major retail chain would be out of trips by now
The loading zone....thanks for the cheapies....you sell now you will chase later.....imo...go DEWM.
SEC Suspension Coming?
Marco Moran
President
Dewmar International BMC, Inc
132 E. Northside Dr., Suite C
Clinton, Mississippi 39056
Re: Dewmar International BMC, Inc
Item 4.01 Form 8-K
Filed June 25, 2013
File No. 001-32032
Dear Mr. Moran:
We have reviewed your filing and have the following comment. In our comment, we
may ask you to provide us with information so we may better understand your disclosure.
Please respond to this letter within ten business days by amending your filing, by
providing the requested information, or by advising us when you will provide the requested
response. If you do not believe our comment applies to your facts and circumstances or do not
believe an amendment is appropriate, please tell us why in your response.
After reviewing any amendment to your filing and the information you provide in
response to this comment, we may have additional comments.
Item 4.01 Form 8-K
1. Amend the report to include all of the information required by Item 304 of Regulation SK. Additionally, include a letter from the former accountants addressing the revised
disclosures.
We urge all persons who are responsible for the accuracy and adequacy of the disclosure
in the filing to be certain that the filing includes the information the Securities Exchange Act of
1934 and all applicable Exchange Act rules require. Since the company and its management are
in possession of all facts relating to a company’s disclosure, they are responsible for the accuracy
and adequacy of the disclosures they have made.
In responding to our comment, please provide a written statement from the company
acknowledging that:
? the company is responsible for the adequacy and accuracy of the disclosure in the filing;
Marco Moran
Dewmar International BMC, Inc.
June 28, 2013
Page 2
? staff comments or changes to disclosure in response to staff comments do not foreclose
the Commission from taking any action with respect to the filing; and
? the company may not assert staff comments as a defense in any proceeding initiated by
the Commission or any person under the federal securities laws of the United States.
If you have any questions, please call me at (202) 551-3774.
Sincerely,
/s/ Blaise A. Rhodes
Blaise A. Rhodes
Staff Accountant
Office of Beverages, Apparel and
Mining
http://www.sec.gov/Archives/edgar/data/1269879/000000000013035608/0000000000-13-035608-index.htm
BEWARE! 2 BILLION APPROVED SHARES about to BE UNLEASHED.
Getting the .0003s hasn't been easy but if you leave the order open I have been able to fill 100k here and 550k there as of late.
GLTA
No one said it any better......it is a STRONG BUY...imo.
I would not say that just yet. Give it time. I do not bash or pump. I orderd some lean SMP and when it comes i will post a review. at the moment im just waiting for PR. This is a long hold stock.
GO DEWM STRONG BUY
DEWM Pincher Play Chart NO-BRAINER http://stockcharts.com/h-sc/ui?s=DEWM&p=D&b=5&g=0&id=p24734607371&a=333889968
I would love .0003's, but I'm not seeing those going to retail. We have to buy 0004's, jmo.
Yep, once they get some financial backing. I want news on that. They need a backer put up 2 milly or somethin. They have the A/S to do it. 2 billy = $2 milly at .001
hunter... it is very disturbing to me that the company appears to be expanding the product into new areas (thanks for yours and others' DD), however, they fail to make it VERY public that the product is there...
This is a company that is likely not supporting itself yet and having to sell shares for production and monthly expenses can only last so long.... so wouldn't it be smarter to announce to the world (and locally in areas where it is avail) that the product IS now avail in X and X areas.... the stock will respond and they would have to sell fewer shares to support themselves....
Common DR... get the word out and make it regular every time to get into a new store.... they don't need expensive advertising...yet,...but they do need to get the word out....
keep an eye on dpbe...slow and cheap now, but treasure division coming and A LOT of ships to search in their area.... they find the big one and it'll be pennies overnight imo...
I'll be picking up some more DEWM this week... I think this month we move big...
Its at 0004, most she go down 0003 and back to 0004/5 but DEWM will have its day.
Any day now..............longs will be rewarded......real company with real product....go DEWM.
Can you explain why
WOW.......YOU ARE RIHGT.
$$$$$$$BEWARE of this DILUTIVE FRAUD. Share Selling SCAM!$$$$
SIX Agreements with TOXIC FINANCER Asher
On April 16, 2013, the Company entered into a sixth Securities Purchase Agreement with Asher Enterprises, Inc.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9611368
He sure was updating the heck outta that Facebook before September 2012 though XDDDD
Lean wit it rok wit it
"Slow Motion Potion
October 24, 2013
Get Website for $1 only .... Last 4 hrs Left .. Hurry Up Get it Now: http://goo.gl/2eqW3Y"
Legit companies making a killing don't advertise this on their Facebook XDDDD
Lolzzzzz
All this new interest doesn't do anything with the same management at the helm :3
I know WalMarts interest is new. I know there are new stores every week carrying Lean. THAT, is NEW!!!! All this NEW interest will send the pps up in time, we all know it.
Two totally diff target markets!!! Yet LEAN is in both areas, in "da hood" and white middle-class area. $$$$$$ comin here once cat is out of the bag.
so that's saying that they are sueing the company because of dilution, if that's the case heck I could sue just about every stock ive invested in.
I trash it because it IS trash sir! I am here to warn everyone this is going into obscurity :] Saving people's piggy banks in the process ;]
Whoo Big Pr coming this week LETS ROCK IT ON MONDAY!
The SEC has had QUESTIONS for DEWM 3 TIMES.
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001269879&owner=exclude&count=40&hidefilings=0
DEWM being SUED for MISCONDUCT by Shareholders.
On November 9, 2011, Charles Moody and DeWayne McKoy filed a claim against DSD and Marco Moran, CEO, in Bossier Parish, LA 26th Judicial Court. Charles Moody and Dewayne McKoy, allegedly both shareholders of DSD, brought an action against Dr. Moran alleging that he engaged in various acts of misconduct and breaches of his fiduciary duties to the corporation which damaged them as minority shareholders. Moody and McKoy also seek damages from Dr. Moran for dilution and/or loss of value of their shareholder interest in DSD as a result of his alleged misconduct. DSD is a nominal defendant in this derivative action, as required by Louisiana law. Initial pleadings have been filed and exceptions to the plaintiff’s claims have been asserted. Discovery has not yet commenced. DSD vigorously denies that its officers or directors engaged in any conduct which may have harmed minority shareholders.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9611368
Yes sir, and I sold it for some profit then I never looked back lolz
Arent you the one that bought like 68,000 dollars worth of this stock a few months ago,at least thats what you claimed?
also available in the overland park, KS area.
Sweet!! Thanks for the update. GO DEWM!!
Followers
|
842
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
211437
|
Created
|
12/21/09
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |