OBCI

Ocean Bio-Chem Inc

NASDAQ

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OBCI

Ocean Bio-Chem Inc

NASDAQ

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stevedakota

03/22/14 6:27 PM

Post #49

It's nice to see the move up, the dividend is a nice bonus

stevedakota

02/24/14 9:02 PM

Post #48

The chart is starting to show a move higher

RobInvest

02/25/13 5:09 PM

Post #47

U.S. EPA Approves Ocean Bio-Chem’s New Liquid Disinfectant, Xtrem-A-Cide P(R) — Effective Against Salmonella, Hepatitis A, Influenza-A, E-Coli, Numerous Other Viruses and Fungi

FORT LAUDERDALE, FL--(Marketwire - Feb 25, 2013) - Ocean Bio-Chem, Inc. (NASDAQ: OBCI), a leading manufacturer and distributor of appearance, performance, and maintenance products serving the marine, automotive, power sports, recreational vehicle and outdoor power equipment markets, is pleased to announce the U.S. Environmental Protection Agency approval of Ocean Bio-Chem's new product, Xtrem-A-Cide P®, a broad-spectrum disinfectant that is approved for use as a sanitizer, virucide, tuberculocide, fungicide, algaecide, slimicide and deodorizer.
This new product is an extension of Star brite's OdorStar line of NosGuard® mold and mildew products.
"Xtrem-A-Cide P® utilizes Ocean Bio-Chem's patented technology to generate a chlorine dioxide solution which can be applied as a deep-penetrating spray for easy application," said Peter Dornau, CEO.
Chlorine dioxide is a proven disinfectant and deodorizing agent. It is widely used in municipal water treatment operations, in toothpaste, mouthwashes, and to eliminate bedbugs in hotels. Chlorine dioxide was also the agent used to remediate buildings contaminated in 2001 by Anthrax bacteria and more recently was used to eliminate mold from homes and buildings in New Orleans and the surrounding area that were flooded during Hurricane Katrina.
"The applications and markets for this new product are immense, ranging from home use to hospitals, cruise ships, hotels and other hospitality facilities, gyms, rest rooms, arenas, food processing operations, schools and other facilities," Mr. Dornau explained.
When used as directed, Xtrem-A-Cide P® has been approved for surface eradication of Staphylococcus aureus (MRSA), salmonella, HIV1, Hepatitis A, Herpes Simplex-2, Influenza-A, Rhinovirus Type 37, E-Coli and many more viruses and fungi. While extremely powerful, the new product is designed to be easily applied with a minimum of training.
Xtrem-A-Cide P® will be manufactured in Star brite's 300,000 square foot manufacturing and distribution facility in Montgomery, Alabama, in a recently constructed state-of-the-art "clean room" where the Company is currently manufacturing other chlorine dioxide products designed for marine, RV and automotive use.
"We are enthusiastic about the potential future revenues and profits this product can generate. The addition of Xtrem-A-Cide P® will position Ocean Bio-Chem to continue its rapid expansion into many additional new markets," Mr. Dornau concluded.
About Ocean Bio-Chem, Inc.:
Ocean Bio-Chem, Inc. is principally engaged in the manufacturing, marketing and distribution of a broad line of appearance and maintenance products for boats, recreational vehicles, automobiles, power sports, outdoor power equipment and motorcycle markets under the Star brite® StarTron® and other trademarks within the United States of America and Canada. In addition, the Company produces private label formulations of many of its products for various customers and provides custom blending and packaging services for these and other products.
The Company trades publicly under NASDAQ Capital Markets, Ticker Symbol: OBCI.
The Company's web sites are: www.oceanbiochem.com, www.starbrite.com and www.startron.com and nos-guard.com
Forward-looking Statements:
Certain statements contained in this Press Release including without limitation expectations as to future sales and operating results, constitute forward-looking statements. For this purpose, any statements contained in this report that are not statements of historical fact may be deemed forward-looking statements. Without limiting the generality of the foregoing, words such as "believe," "may," "will," "expect," "anticipate," "intend," "could" including the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that may affect these results include, but are not limited to, the highly competitive nature of our industry, reliance on certain key customers, changes in consumer demand for marine, recreational vehicle and automotive products, advertising and promotional efforts, exposure to market risks for changes in interest rates and in foreign exchange rates, and other factors.
Contact:
Peter Dornau
CEO and President
pdornau@starbrite.com
954-587-6280

Jeff Barocas
Vice President & CFO
Jbarocas@starbrite.com
954-587-6280

Paul Knopick
E & E Communications
pknopick@eandecommunications.com
940.262.3584

Penny Roger$

03/25/12 1:37 AM

Post #46

Re: #45: @Penny Roger$ - ~ Monday! $OBCI ~ Earnings posted, pending or

Penny Roger$

03/25/12 1:37 AM

Post #45

~ Monday! $OBCI ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $OBCI ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.

http://stockcharts.com/h-sc/ui?s=OBCI&p=D&b=3&g=0&id=p88783918276&a=237480049

http://stockcharts.com/h-sc/ui?s=OBCI&p=W&b=3&g=0&id=p54550695994

~ Google Finance: http://www.google.com/finance?q=OBCI
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=OBCI#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=OBCI+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=OBCI
Finviz: http://finviz.com/quote.ashx?t=OBCI
~ BusyStock: http://busystock.com/i.php?s=OBCI&v=2

<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=OBCI >>>>>>

http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

casetheace

07/09/11 10:41 PM

Post #44

Re: #43: @bellisimo - this is a great stock...I dunno why this

cause the stock had no volume and is so locally owned. If you look in their portfolio the top ten owners only have like 30g in stocks each. When you add that together this stock is very Voltaire as you can tell in their chart. Wouldn't take much to really drop the pps with heavy sales. Mostly really on eps, and they show no interest in adding investors. Just a core stock

bellisimo

07/04/11 6:10 PM

Post #43

this is a great stock...I dunno why this board is not getting any action though...

hogfan2

04/27/11 10:07 AM

Post #42

Re: #41: @hogfan2 - OBCI...I'm up 10% and climbing here...

OBCI...I'm up 25%...climbing...hog

hogfan2

04/21/11 9:32 AM

Post #41

OBCI...I'm up 10% and climbing here...
Old news but good stuff...DALLAS, March 29, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Ocean Bio-Chem Inc. (Nasdaq:OBCI - News). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/OBCI
Ocean Bio-Chem Inc. (OBCI) engages in the manufacturing, marketing and distribution of a full line of maintenance and care products for marine, automobile, motorcycle, power sports, outdoor power equipment, RV, agriculture, hardware, lawn & garden and OEMs. Its products are sold under the Starbrite, StarTron, Sea Safe, Sta-Put, Extend-a-Brush and Nos Guard names, as well as private label brands. The Company posted net sales of approximately $27.4 million for the year ended December 31, 2010, marking its second consecutive year of record net sales.
OBCI was founded in 1973 and is based in Fort Lauderdale, Florida. Its manufacturing and distribution facility is located in Montgomery, Alabama.

This newsletter has been helping traders make great investment decisions on OBCI; click here for a 25% discount offer.
In the report, the analyst notes:
"OBCI closed higher Monday as it posted record net income for the year, as well as its second consecutive year of record net sales. OBCI president and CEO Peter Dornau said the Company has been successful in continuing to increase sales in marine markets as well as expanding sales in new and newer markets.

"For the first two months of 2011, Dornau said the Company saw an increase in business activity, resulting in a 30% rise in gross sales. This is a good indicator that 2011 will be another strong year for the Company."

To read the entire report visit: www.microstockprofit.com/lp/OBCI

hog

jhnvtjll

05/12/10 6:00 PM

Post #40

Re: #39: @nole92 - Good info thanks.

You're welcome.

If I remember correctly, the CEO and CFO bought a couple weeks ago at 2.05.

nole92

05/12/10 9:53 AM

Post #39

Re: #38: @jhnvtjll - 4 insiders purchased a total of 134,000 shares

Good info thanks.

Great chart too:

jhnvtjll

05/12/10 9:01 AM

Post #38

4 insiders purchased a total of 134,000 shares on April 27, 2010

jhnvtjll

05/12/10 8:53 AM

Post #37

Gonna hit 52-wk high today.

nole92

05/12/10 8:42 AM

Post #36

Ocean Bio-Chem, Inc. Net Income More Than Doubles -- 1st Quarter 2010 Compared to 2009

FORT LAUDERDALE, FL -- (Marketwire)
05/12/10
Ocean Bio-Chem, Inc. (NASDAQ: OBCI) today reported record net income of approximately $395,000 or $.05 per share (both basic & diluted) for the first quarter of 2010, compared to net income of $126,000 or $.02 per share (both basic & diluted) for the comparable first quarter of 2009, an increase of 213% or $269,000. The Company also reported record first quarter 2010 net sales of approximately $5,198,000, compared to $4,110,000 for the comparable first quarter of 2009, an increase of approximately 26.5% or $1,088,000.

First Quarter Ending

March 31,

2010 2009

----------- -----------

Net sales $5,198,000 $4,110,000

Income before taxes $675,000 $217,000

Net income $395,000 $126,000

Income per share (both basic & diluted) $0.05 $0.02

Average shares outstanding

basic 7,702,313 7,590,146

diluted 8,015,232 7,590,146

Ocean Bio-Chem CEO Peter Dornau stated, "Ocean Bio-Chem had another record quarter sales and income for the first quarter 2010. The Company has reported net income for five consecutive quarters during the worst recession since the Great Depression. Income before taxes was up 217% over the first quarter 2009. The Company continues to increase market share in our core marine markets as well as increase sales in newer markets. These new markets include: motorcycle, snow mobile, lawn & garden and expanded distribution in the automotive and marine markets."

Mr. Dornau continued, "In the first quarter 2010, we have also benefited from lower operating expenses. Two of the areas in which expenses were lower were: a reduction in allowances for bad debts compared to 2009, when the Company recorded a partial provision for the bankruptcy of Boaters' World and the remarketing of the Company's Industrial Revenue Bonds (IRB's) earlier in the first quarter 2010, the interest rate was reduced on the IRB's interest rate to 2% (variable rate), thus lowering interest expense.

It is too early in the second quarter to forecast the full quarter, but our sales performance was almost up 80% over April 2009. We are cautiously optimistic about our performance in the second quarter."

nole92

04/21/10 8:22 AM

Post #35

OBCI - Ocean Bio-Chem, Inc. Reports Record 1st Quarter 2010 Net Sales Increase of 27% From Comparative 2009 1st Quarter

Press Release Source: Ocean Bio-Chem, Inc. On Wednesday April 21, 2010, 7:30 am

FORT LAUDERDALE, FL--(Marketwire - 04/21/10) - Ocean Bio-Chem, Inc. (NASDAQ:OBCI - News) reported today record net sales for the first quarter 2010. Net sales were approximately $5,200,000 compared to $4,110,000 for the comparative 2009 quarter, an increase of $1,090,000 or 26.5%.

Ocean Bio-Chem President and CEO Peter Dornau commented, "The record sales performance in the first quarter of 2010 is compared to a strong first quarter 2009 sales. The first quarter sales achievement is a continuing indicator that the Company's marketing strategies are successful. We believe that the increase in sales reflects the success in marketing our proprietary products in new markets and customers, in addition to the improving economy with increased boat usage."

Peter Dornau continued, "I am very pleased with our first quarter sales results in a difficult economy. We are optimistic that the first quarter earnings, in a traditionally soft quarter (often a loss) will be profitable."

About Ocean Bio-Chem

Ocean Bio-Chem, Inc. manufactures and markets a full line of maintenance and care products for boats, recreational vehicles, automobiles, motorcycles and aircraft. Products are sold under the Starbrite™ name. The Company trades publicly under NASDAQ Ticker Symbol: OBCI. The Company's web sites are: www.oceanbiochem.com, www.starbrite.com and www.startron.com.

NOTE: The foregoing is news relating to Ocean Bio-Chem, Inc. (OBCI or "the Company") and contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. When used in this report, the words "anticipate," "believe," "estimate," "expect" and similar expressions as they relate to the Company or its management, including without limitation the Company's other subsidiaries, are intended to identify such forward-looking statements. The Company's actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward-looking statements. For more detailed information the reader is referred to the Company's 10-K and other documents filed with the United States Securities and Exchange Commission.

jhnvtjll

03/31/10 2:57 AM

Post #34

This thing hit 2.48 today. Getting close to my 3 dollar target.

schlitz

03/15/10 11:21 AM

Post #33

FORT LAUDERDALE, FL--(Marketwire - 03/15/10) - Ocean Bio-Chem, Inc. (NASDAQ:OBCI - News) reported that Star brite Distributing, Inc. and ValvTect Petroleum announced that they have amicably settled their lawsuit in the United States District Court for the Southern District of Florida.

"We are very pleased that we have resolved this dispute and look forward to bright futures for both our companies," said Peter Dornau, President of Star brite and Jerry Nessenson, President of ValvTect.

jhnvtjll

03/03/10 1:16 PM

Post #32

Re: #30: @schlitz - hopefully this run-up will stick and continue slowly

Chart looking nice

schlitz

02/26/10 9:35 AM

Post #31

Re: #30: @schlitz - hopefully this run-up will stick and continue slowly

its nice to see 3 MMs on the bid for a change! eom

schlitz

02/23/10 9:19 PM

Post #30

hopefully this run-up will stick and continue slowly to 2.00+ eom

MikeDDKing

11/11/09 3:10 PM

Post #29

Ocean Bio-Chem Reports Record Nine Month Sales & Net Income
(Market Wire 11/11 14:01:45)

FORT LAUDERDALE, FL -- (Marketwire) -- 11/11/09 -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI)
announced its results for the third quarter and nine months ending September 30, 2009.

For the nine-month period ended September 30, 2009, the Company reported record net income of approximately $831,000, compared to $377,000, for the comparative period of 2008, a increase of $454,000 or 120%. The Company also reported record net sales for the nine months ended September 30, 2009, of approximately $18,731,000 compared to $16,957,000 for the comparative 2008 period an increase of $1,774,000 or 10.5%. Earnings per share both basic and diluted were $0.11 per share for 2009 compared to $0.05 earnings per share both basic and diluted for 2008.

Net income for the third quarter 2009 was approximately $572,000, compared to $601,000 for the comparative 2008 quarter, a decrease of $29,000 or 5%. The Company also reported record net sales for the third quarter 2009 of approximately $8,906,000 compared to $8,221,000 for the comparative 2008
quarter, an increase of $685,000 or 8.3%. Earnings per share both basic and diluted were $0.07 per share for 2009 compared to $ 0.08 basic earnings per share and $0.07 diluted earnings per share for 2008.

(000s omitted, except per share data) 
  
 Nine months ended September 30,       2009      2008 
                                     --------  -------- 
 Net sales                           $ 18,731  $ 16,957 
 Income before taxes                 $  1,458  $    648 
 Net Income                          $    831  $    377 
 Basic earnings per share            $   0.11  $   0.05 
 Diluted earnings per share          $   0.11  $   0.05 
  
  
 Quarter ended September 30,           2009      2008 
                                     --------  -------- 
 Net sales                           $  8,906  $  8,221 
 Income before taxes                 $    903  $    968 
 Net Income                          $    572  $    601 
 Basic earnings per share            $   0.07  $   0.08 
 Diluted earning per share           $   0.07  $   0.07

Ocean Bio-Chem President and CEO Peter Dornau stated, "We have just concluded an excellent third quarter. In a very difficult business environment, the Company reported record quarterly and nine month net sales and record nine months net profits. Sales growth has continued with our StarTron products into our core marine markets as well as expanded distribution into several other major markets. Sales growth was also recognized in our winterizing products (previously announced contract). The third quarter net profits were impacted by unusual legal expenses for
$200,000, to sue Valvtect, a competitor, for false and misleading advertising. As a result of the suit, the US District Courts have issued a preliminary injunction against Valvtect. In addition there were several non-cash expense items impacting the third quarter profits, including non-cash compensation costs to record both stock option and stock awards
expense, and other non-cash items all totaling approximately $460,000."

Mr. Dornau continued, "We are cautiously optimistic that we will continue our sales growth in the forth quarter compared to prior years forth quarter. We believe the level of our expenses will also decrease in the forth quarter compared to our third quarter of this year. Considering these factors we believe Ocean Bio-Chem is in an excellent position to
continue to report positive news in our year end report."

About Ocean Bio-Chem

Ocean Bio-Chem, Inc. manufactures and markets a full line of maintenance and care products for boats, recreational vehicles, automobiles, motorcycles and aircraft. Products are sold under the Starbrite(TM) name. The Company trades publicly under NASDAQ SmallCap Symbol: OBCI. Websites :
www.starbrite.com, www.startron.com, www.oceanbiochem.com

NOTE: The foregoing is news relating to Ocean Bio-Chem, Inc. (OBCI or "the Company") and contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. When used in this report, the words "anticipate," "believe," "estimate," "expect" and similar expressions as they relate to the Company or its management, including without limitation the Company's other subsidiaries, are intended to identify such forward-looking statements. The Company's actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward-looking statements. For more detailed information
the reader is referred to the Company's 10-K and other documents filed with the United States Securities and Exchange Commission. This does not constitute an offer to buy or sell securities by the Company or its subsidiaries and is meant purely for informational purposes.

For additional information contact:
Peter Dornau
(954) 587-6280
President and CEO
Ocean Bio-Chem, Inc.

or:

Jeff Barocas
(954) 587-6280
Chief Financial Officer.
Ocean Bio-Chem, Inc.

Ocean Bio-Chem, Inc.
4041 S. W. 47th Avenue
Fort Lauderdale, FL 33314
Tel. (954) 587-6280 - Fax. (954) 587-2813
Nasdaq SmallCap Symbol: OBCI

trythisagain

10/15/09 10:28 PM

Post #28

Contracts, Profitable, Tiny Float..weeeeee

trythisagain

10/14/09 4:00 PM

Post #27

Interesting../

MikeDDKing

09/02/09 9:07 AM

Post #26

Star brite Granted Injunction Against ValvTect
On Wednesday September 2, 2009, 7:00 am EDT

FORT LAUDERDALE, FL--(Marketwire - 09/02/09) - Ocean Bio-Chem, Inc. (NASDAQ:OBCI - News) subsidiary Star brite Distributing, Inc. obtained an injunction in US Federal Court against ValvTect for false and deceptive advertising in their ads comparing ValvTect Ethanol Gas Treatment to Star brite's Star Tron Enzyme Fuel Treatment.

The U.S. District Court ordered a preliminary injunction against ValvTect from further running false and misleading comparison advertising of ValvTect Ethanol Gasoline Treatment. Furthermore, the Court stated that granting a "preliminary injunction is an extraordinary and drastic remedy."

The Court ruled all four points of ValvTect's comparison ads are false and/or misleading and deceived the public. ValvTect claimed test results proved their product performed better, yet the Court found they failed to run their tests using E10 (Ethanol fuel), even though the ads and products are about E10 (Ethanol fuel). ValvTect claimed independent testing, yet the Court found one of the tests was run by a ValvTect supplier and was not independent. ValvTect inferred approvals from major OEMs including BMW, Ford and Chrysler, yet the Court found there were no such approvals. Every single point of the ValvTect ads has been found to be false or misleading by the Court.

Star brite CEO Peter Dornau says, "It is clear to me that the Court realized the ValvTect ads were blatantly false and deceptive to the boat-owning public."

Dornau says, "The court also pointed out that ValvTect incorrectly used ASTM and NACE tests which do not allow for the testing of E10 fuel and have no relevance to the marine industry. We appreciate the strength and clarity of the Court's findings against the false and misleading advertising by ValvTect. This type of false advertising not only hurts Star brite but the entire marine industry by confusing customers about the truth and fiction of Ethanol fuel additives."

About Ocean Bio-Chem

Ocean Bio-Chem, Inc. manufactures and markets a full line of maintenance and care products for boats, recreational vehicles, automobiles, motorcycles and aircraft. Products are sold under the Star brite� name. The Company trades publicly under NASDAQ SmallCap Symbol: OBCI. Websites: www.starbrite.com, www.startron.com, www.oceanbiochem.com

NOTE: The foregoing is news relating to Ocean Bio-Chem, Inc. (OBCI or "the Company") and contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. When used in this report, the words "anticipate," "believe," "estimate," "expect" and similar expressions as they relate to the Company or its management, including without limitation the Company's other subsidiaries, are intended to identify such forward-looking statements. The Company's actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward-looking statements. For more detailed information the reader is referred to the Company's 10-K and other documents filed with the United States Securities and Exchange Commission. This does not constitute an offer to buy or sell securities by the Company or its subsidiaries and is meant purely for informational purposes.

Contact:
For additional information contact:
Peter DornauPresident and CEO
Ocean Bio-Chem, Inc.
peter@starbrite.com
(954) 587-6280

Jeff Barocas
Chief Financial Officer
Ocean Bio-Chem, Inc.
jbarocas@starbrite.com
(954) 587-6280

Ocean Bio-Chem, Inc.
4041 S. W. 47th Avenue
Fort Lauderdale, FL 3331
4Nasdaq SmallCap Symbol: OBCI

MikeDDKing

08/18/09 3:49 PM

Post #25

Ocean Bio Chem, Inc. Achieves Nasdaq Trading Compliance
On Tuesday August 18, 2009, 2:07 pm EDT

FORT LAUDERDALE, FL--(Marketwire - 08/18/09) - Ocean Bio Chem, Inc. (NASDAQ:OBCI - News) reports that on August 14, 2009 the NASDAQ staff notified Ocean Bio Chem, Inc., in writing that its common stock has been at $1.00 per share for at least 10 consecutive business days. Accordingly, the Company has regained compliance with Listing Rule 5550(a) (2)

This notification closes the Nasdaq matter of non-compliance for maintaining a minimum bid price of $1.00 over the previous 30 consecutive business days, as required by the Listing Rules of The Nasdaq Stock Market.

Ocean Bio Chem - President and CEO Peter Dornau commented, "I am extremely pleased that we have achieved compliance to the Nasdaq trading rules. The Company is committed to increasing stakeholders value, as we continue to implement our strategic Marketing Plans."

About Ocean Bio Chem

Ocean Bio Chem, Inc. manufactures and markets a full line of maintenance and care products for boats, recreational vehicles, automobiles, motorcycles and aircraft. Products are sold under the Starbrite� name. The Company trades publicly under NASDAQ SmallCap Symbol: OBCI. Websites: www.starbrite.com, www.startron.com, www.oceanbiochem.com

NOTE: The foregoing is news relating to Ocean Bio Chem, Inc. (OBCI or "the Company") and contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. When used in this report, the words "anticipate," "believe," "estimate," "expect" and similar expressions as they relate to the Company or its management, including without limitation the Company's other subsidiaries, are intended to identify such forward-looking statements. The Company's actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward-looking statements. For more detailed information the reader is referred to the Company's 10-K and other documents filed with the United States Securities and Exchange Commission.

Contact:
For additional information contact:
Peter Dornau
President and CEO
Ocean Bio Chem, Inc.
peter@starbrite.com
(954) 587-6280

Jeff Barocas
Chief Financial Officer
Ocean Bio Chem, Inc.
jbarocas@starbrite.com
(954) 587-6280
Ocean Bio Chem, Inc.
4041 S. W. 47th Avenue
Fort Lauderdale, FL 33314

MikeDDKing

08/14/09 12:00 PM

Post #24

I sold my OBCI today. The report wasn't what I expected. Looking at things from an annual perspective I'm guessing their EPS is something like $0.10. Q3 is their seasonally strongest quarter but Q4 is seasonally weak. If 2009 EPS is $0.10 the stock is slightly undervalued here IMO but there isn't enough upside to remain long.

I'll keep watching because if they get more big orders I will want to jump back in.

Rawnoc

08/14/09 9:05 AM

Post #23

Ocean Bio-Chem Reports Second Quarter Record Sales and Pretax Profits of
$338,000, Pretax EPS of $.04 per Share

FORT LAUDERDALE, FL, Aug 14, 2009 (MARKETWIRE via COMTEX) -- Ocean Bio-Chem, Inc.
(OBCI) today reported pretax profits of approximately $338,000 for the second
quarter 2009 compared to a pretax loss of approximately ($8,000) for the
comparative quarter 2008, an increase in pretax profits of $346,000. Net income,
after tax for the second quarter ending June 30, 2009 was approximately $133,000
compared to a net loss of approximately ($18,000) for the comparative 2008
quarter, an increase of $151,000. Net earnings per share, both basic and diluted,
for the second quarter 2009 were $.02 compared to no earnings per share in the
second quarter of 2008. Record net sales for the second quarter 2009 were
approximately $5,715,000 compared to approximately $4,991,000 for the comparative
2008 period, an increase of 14.5% or $724,000.

For the six month period ended June 30, 2009, the Company reported record pretax
profits of approximately $555,000 compared to a pretax loss of approximately
($320,000) for the comparative 2008 period, an increase of $875,000. Record net
income, after tax, for the six month period ending June 30, 2009 was
approximately $259,000 compared to an operating loss of approximately ($224,000)
for the comparative 2008 six month period, an increase of $483,000. Earnings per
share, both basic and diluted, for the six month period were $.03 compared to a
loss per share of ($0.03) for the comparative 2008 six month period. For the six
month period ended June 30, 2009, the Company reported record net sales of
approximately $9,825,000 compared to $8,736,000 for the comparative 2008 six
month period, an increase of 12.5% or $1,089,000.

(000's omitted, except per share data)
Quarter ended June 30,20092008
-------- -------
Net Sales$5,715 $ 4,991
Pretax Income (Loss)$338 $(8)
Net Income (Loss)$133 $(18)
Basic & diluted earnings (Loss) per share
- before taxes$.04 $-
Basic & diluted earnings (Loss) per share$.02 $-
Six months ended June 30,20092008
-------- -------
Net Sales$9,825 $ 8,736
Pretax Income (Loss)$555 $(319)
Net Income (Loss)$259 $(224)
Basic & diluted earnings (Loss) per share
- before taxes$0.07 $ (0.04)
Basic & diluted earnings (Loss) per share$0.03 $ (0.03)

Ocean Bio-Chem President and CEO Peter Dornau stated, "I am extremely pleased
with the financial results of the Company for both the second quarter and six
month period. Despite the many negative economic factors, the Company reported
record sales for both the quarter and six month periods. The Company's earnings
per share before taxes (both basic and diluted) for the second quarter were $0.04
compared to no earnings per share before taxes for the comparative quarter 2008.
For the six month period ending June 30, 2009, earnings per share before taxes
(both basic and diluted) were $.07 compared to a loss of $0.04 per share for the
comparative prior years six month period. Due to the high taxable income and
resulting high tax provision, we feel the earnings per share after taxes do not
demonstrate the operating and financial strength and success of the Company. We
therefore will report earnings per share -- before taxes on a consistent, ongoing
basis."

Mr. Dornau continued, "We are seeing signs of recovery in the boating industry.
We believe as the boating industry picks up and more people use their boats, the
Company will continue to be the benefactor of increased sales, and market share.
As part of the Company's overall strategic Marketing Plan, the Company is
continuing to invest in advertising, customer and consumer promotions, and
building brand awareness. Increasing brand awareness, we believe, will continue
to make Starbrite(R) and StarTron(R) products the consumers' number one choice of
products. Our sales and marketing efforts are focused on increasing sales both in
our core marine market as well as outside of our core market into automobile
after market, recreational vehicles, hardware/lawn & garden/small engines, and
motorcycles markets being lead by StarTron(R). As we enter the second half of the
year, I am cautiously optimistic that we could report record pretax profits for
the full year."

About Ocean Bio-Chem

Ocean Bio-Chem, Inc. manufactures and markets a full line of maintenance and care
products for boats, recreational vehicles, automobiles, motorcycles and aircraft.
Products are sold under the Starbrite(R) name. The Company trades publicly under
NASDAQ SmallCap Symbol: OBCI. Websites: http://www.starbrite.com,
http://www.startron.com, http://www.oceanbiochem.com

NOTE: The foregoing is news relating to Ocean Bio-Chem, Inc. (OBCI or "the
Company") and contains forward-looking statements, which are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
The forward-looking statements involve risks and uncertainties that could cause
actual results to differ materially from the forward-looking statements. When
used in this report, the words "anticipate," "believe," "estimate," "expect" and
similar expressions as they relate to the Company or its management, including
without limitation the Company's other subsidiaries, are intended to identify
such forward-looking statements. The Company's actual results, performance or
achievements could differ materially from the results expressed in, or implied by
these forward-looking statements. For more detailed information the reader is
referred to the Company's 10-K and other documents filed with the United States
Securities and Exchange Commission. This does not constitute an offer to buy or
sell securities by GeoMarketing, the Company or its subsidiaries and is meant
purely for informational purposes.

For additional information contact:
Peter Dornau
President and CEO
Ocean Bio-Chem, Inc.
peter@starbrite.com
(954) 587-6280

Jeff Barocas
Chief Financial Officer
Ocean Bio-Chem, Inc.
jbarocas@starbrite.com
(954) 587-6280

SOURCE: Ocean Bio-Chem
mailto:peter@starbrite.com
mailto:jbarocas@starbrite.com

Copyright 2009 Marketwire, Inc., All rights reserved.

MikeDDKing

08/03/09 2:52 PM

Post #22

OBCI DD cross post from last week:

Posted by: MikeDDKing Date: Wednesday, July 29, 2009 3:02:07 PM
In reply to: None Post # of 205106

I recently started purchasing OBCI. I think they have a good chance to double over the next six months. They last traded at $0.94. Here are the reasons I'm bullish on OBCI:

1. Last week they announced that Q2 sales were up 15% to $5,715,000. I expect that this will translate into EPS of $0.05 or more. http://finance.yahoo.com/news/Ocean-BioChem-Inc-Reports-iw-1411830400.html?x=0&.v=1

2. They recently announced a new $2M contract which will ship in the 3rd and 4th quarters of this year. I expect that in Q3 they will report EPS north of $0.10.

3. They posted Q1 EPS of $0.02 in their seasonally weak quarter. That was a big improvement over last year. Revenue also increased b7 9% in Q1 which is incredible considering the state of the economy at that time.

4. They have a low float of only 2.84M shares.

5. They are trading at less than their book value which is $1.08/share.

littlefish

07/31/09 7:31 PM

Post #21

Re: #19: @MikeDDKing - LOL... No pun intended!

KiK must be rubbing off on you.

MikeDDKing

07/31/09 5:50 PM

Post #20

Over 7% of the float changed hands today!

MikeDDKing

07/31/09 5:49 PM

Post #19

Re: #18: @littlefish - Seems like an appropriate welcome given the market segment.

LOL... No pun intended!

littlefish

07/31/09 5:44 PM

Post #18

Re: #10: @MikeDDKing - Welcome aboard!

Seems like an appropriate welcome given the market segment.

Seems like a few people are showing up suddenly. Hopefully a good omen.

jhnvtjll

07/31/09 3:33 PM

Post #17

Re: #16: @Rawnoc - I'll give you $2.98

No deal.

Rawnoc

07/31/09 3:29 PM

Post #16

Re: #15: @jhnvtjll - I'm not selling this stock until at least

I'll give you $2.98

jhnvtjll

07/31/09 3:22 PM

Post #15

I'm not selling this stock until at least 3 dollars.

MikeDDKing

07/31/09 1:47 PM

Post #14

Re: #13: @gilead23 - I was buying yesterday

Welcome aboard!

gilead23

07/31/09 1:28 PM

Post #13

Re: #12: @MikeDDKing - OBCI up $0.06 to $1.05 on 3x the

I was buying yesterday

I agree with Hweb's assessment on earnings and given their high inventory levels I believe they may not have seen all of the benefits from a plunge in oil prices show up in gross margins yet.

Looks like a good trade in any case.

MikeDDKing

07/31/09 9:54 AM

Post #12

OBCI up $0.06 to $1.05 on 3x the average daily volume.

Edit: Now 5x the average daily volume!

Edit: Now 6x the average daily volume!

jhnvtjll

07/30/09 10:48 PM

Post #11

I've owned this for almost 2 years.

MikeDDKing

07/30/09 10:18 PM

Post #10

Re: #9: @littlefish - I nibbled just a little bit today. Starter

Welcome aboard!

littlefish

07/30/09 9:36 PM

Post #9

Re: #8: @MikeDDKing - I've been buying this stock recently. More

I nibbled just a little bit today. Starter position, looks interesting though.

MikeDDKing

07/29/09 3:16 PM

Post #8

I've been buying this stock recently. More DD to follow.

MikeDDKing

07/29/09 3:16 PM

Post #7

Ocean Bio-Chem, Inc. Reports Record 2nd Quarter and Six Months 2009 Sales Results

FORT LAUDERDALE, FL -- (Marketwire) -- 07/23/09 -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) reported today that net sales for the 2nd quarter 2009 were up 15% to approximately $5,715,000 compared to $4,991,000 for the comparative quarter of 2008, an increase of $724,000. For the six months ended June 30th, 2009, net sales were approximately $9,825,000 compared to net sales of $8,736,000 for the comparative 2008 period, an increase of $1,089,000 or 12%.

Ocean Bio-Chem President and CEO Peter Dornau commented, "The performance in the second and six month periods of 2009 are both record high sales for a second quarter and six month period. We believe the increases in sales are reflective of our aggressive marketing/advertising campaigns, the addition of a number of new customers in new markets, along with the growth in our core marine business which stems from a resurgence in boat usage due to affordable fuel costs."

Peter Dornau continued, "I am very pleased at the progress we are making in a difficult economy increasing brand awareness and implementing our sales and marketing plans. As previously announced, we acquired a $2 million dollar private label contract, that will ship in the current 3rd quarter and 4th quarter of this year."

About Ocean Bio-Chem

Ocean Bio-Chem, Inc. manufactures and markets a full line of maintenance and care products for boats, recreational vehicles, automobiles, motorcycles and aircraft. Products are sold under the Starbrite(TM) name.

The Company trades publicly under NASDAQ SmalICap Ticker Symbol: OBCI. The Company's web sites are: www.oceanbiochem.com, www.starbrite.com and www.startron.com.

NOTE: The foregoing is news relating to Ocean Bio-Chem, Inc. (OBCI or "the Company") and contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements Involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. When used in this report, the words "anticipate," "believe," "estimate," "expect" and similar expressions as they relate to the Company or its management, including without limitation the Company's other subsidiaries, are Intended to identify such forward-looking statements. The Company's actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward-looking statements. For more detailed information the reader is referred to the Company's 10-K and other documents filed with the United States Securities and Exchange Commission.

Contact:
Peter Dornau
(954) 587-6280
President and CEO, Ocean Bio-Chem, Inc.

Jeff Barocas
(954) 587-6280
Chief Financial Officer

MikeDDKing

07/29/09 3:14 PM

Post #6

Ocean Bio-Chem Reports New $2 Million Plus Contract

FORT LAUDERDALE, FL -- (Marketwire) -- 06/11/09 -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced today that it has received a new contract with a value in excess of $2 million, for private label products. Detailed terms of the contract were not disclosed.

Peter Dornau, Ocean Bio-Chem President and CEO, stated, "We are extremely pleased that this is a new private label customer and new distribution for the Company. We expect the sales to be completed in the 3rd and 4th quarter of this year. We look forward to continued success, as our sales and marketing plans are implemented."

About Ocean Bio-Chem

Ocean Bio-Chem, Inc. manufactures and markets a full line of maintenance and care products for boats, automobiles, recreational vehicles, motorcycles and aircraft. Products are sold under the Starbrite(TM) and StarTron(TM) name and private label brands. The Company trades publicly under NASDAQ Symbol: OBCI.

Cautionary Statement: The foregoing is news relating to Ocean Bio-Chem, Inc. (OBCI or "the Company") and contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. When used in this report, the words "anticipate," "believe," "estimate," "expect" and similar expressions as they relate to the Company or its management, including without limitation the Company's other subsidiaries, are intended to identify such forward-looking statements. The Company's actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward-looking statements. For more detailed information the reader is referred to the Company's 10-K and other documents filed with the United States Securities and Exchange Commission.

For additional information contact:

Peter Dornau
President and CEO
Ocean Bio-Chem, Inc.
(954) 587-6280

or:

Jeff Barocas
Chief Financial Officer
Ocean Bio-Chem, Inc.
(954) 587-6280

4041 S. W. 47th Avenue
Fort Lauderdale, FL 33314
Tel. (954) 587-6280
Fax. (954) 587-2813

Website:
www.starbrite.com
www.startron.com

MikeDDKing

07/29/09 3:13 PM

Post #5

Ocean Bio-Chem, Inc. Posts Record 1st Quarter 2009 Operating Profits

FORT LAUDERDALE, FL -- (Marketwire) -- 05/13/09 -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) today reported net sales of approximately $4,110,000, an increase of approximately 10% for the quarter ended March 31, 2009, compared to $3,745,000 for the comparative quarter of 2008. The Company reported a net profit of approximately $126,000 or $.02 per share for the first quarter of 2009, compared to a net loss of ($206,000) or ($.03) per share for the comparable first quarter of 2008, an increase of $332,000 or 161%.

First Quarter Ending 
 March 31                            2009           2008 
                                 ------------    ------------ 
 Net sales                       $  4,110,000    $  3,745,000 
 Income (loss) before taxes      $    217,000    $   (311,000) 
 Net income (loss)               $    126,000    $   (206,000) 
 Income (loss) per share         $        .02    $       (.03) 
 Average shares outstanding 
  (basic and fully diluted)         7,590,146       7,822,066

Ocean Bio-Chem CEO Peter Dornau stated, "Ocean Bio-Chem had a record first quarter 2009 with income before taxes of $217,000, compared to a loss before taxes of ($311,000) for the 1st quarter 2008. This is an improvement in profitability from operations of over $500,000 dollars for the comparative quarters, all this in a very difficult economy. The sales initiatives that the sales team formulated to aggressively increase revenues have shown very positive results. In a soft economy, to increase sales approximately 10% demonstrates our Company's commitment to increase stakeholders value. The increase in both sales and profits reflects the Company's in-roads into new and expanded distribution in existing markets.

These new markets include: motorcycle, snow mobile and lawn & garden and expanded distribution in the automotive and marine markets. With the blending of ethanol (E10) in gasoline, all types of combustible engines could have issues with the absorption of water into the fuel. StarTron® helps cure these problems. In addition, two new large private label customers also contributed to our first quarter increased sales volume.

Strategically we are expanding beyond our traditional marine products markets lessening our dependence on only one segment of the economy."

Mr. Dornau continued, "Along with our sales increase our gross margin percentage increased in the first quarter, resulting from selling price increases implemented in the second half of last year, coupled with the falling cost of goods (decrease cost of petroleum based products). In addition the Company's sales in the first quarter reflected a higher percentage of higher gross margin products. We have had an excellent start for 2009, and anticipate that we will continue to implement our strategic plans, to aggressively increase sales, at the same time controlling costs for the rest of the year."

About Ocean Bio-Chem

Ocean Bio-Chem, Inc. manufactures and markets a full line of maintenance and care products for boats, recreational vehicles, automobiles, trucks and motorcycles. Products are sold under the Starbrite(TM) StarTron(TM) names as well as private label products. The full product line can be reviewed at www.starbrite.com. and www.startron.com. The Company trades publicly under NASDAQ SmallCap Symbol: OBCI. Our corporate web site is www.oceanbiochem.com

NOTE: The foregoing is news relating to Ocean Bio-Chem, Inc. (OBCI or "the Company") and contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. When used in this report, the words "anticipate," "believe," "estimate," "expect" and similar expressions as they relate to the Company or its management, including without limitation the Company's other subsidiaries, are intended to identify such forward-looking statements. The Company's actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward-looking statements. For more detailed information the reader is referred to the Company's 10-K and other documents filed with the United States Securities and Exchange Commission.

Contacts:

Peter Dornau
President & CEO
Jeff Barocas
Vice President & CFO
954-587-6280

jhnvtjll

05/13/09 2:47 PM

Post #4

$1.12 +0.34 (43.58%)

bagfull

12/31/07 2:04 AM

Post #3

Might be a good point of entry here too. Seasonal stock. Might see a sharp increase in january. smile

karizmat

03/15/07 11:12 AM

Post #2

Re: #1: @bagfull - Watch out for OBCI in next few days

check it out. It will fly in a couple of days

bagfull

03/03/07 1:18 AM

Post #1

Watch out for OBCI in next few days

Newer

Ocean Bio-Chem Inc (OBCI)

Followers	13	Posters	36
Posts (Today)	0	Posts (Total)	99
Created	03/03/07	Type	Free
Moderators

Ocean Bio-Chem , Inc. engages in the manufacture and distribution of chemical formulations serving the appearance and functional categories of the marine, automotive, recreational vehicle, and aircraft markets in the United States and Canada. Its marine product line consists of polishes, cleaners, protectants, and waxes of various formulations under the Star brite brand name, as well as private label formulations of these and other products. This line also comprises various vinyl protectants, cleaners, teak cleaners, teak oils, bilge cleaners, hull cleaners, silicone sealants, polyurethane sealants, polysulfide sealants, gasket materials, lubricants, antifouling additives, and antifreeze coolants. In addition, the company manufactures a line of brushes, poles, tie downs, and other related marine accessories. Ocean Bio-Chem's automotive product line includes brake and transmission fluids, hydraulic, gear and motor oils, and related items; antifreeze and windshield washes in various formulations both under the Star brite brand, as well as under private labels for customers; and automotive polishes, cleaners, and associated appearance items. Its recreational vehicle product line consists of cleaners, polishes, detergents, fabric cleaners and protectors, silicone sealants, water proffers, gasket materials, degreasers, vinyl cleaners, protectors, toilet treatment fluids, and antifreeze coolants. The company's aircraft product line includes primarily of polishes and cleaners. Ocean Bio-Chem distributes its products through mass merchandisers, distributors, and specialized marine retailers. The company was founded in 1973 by Peter Dornau. It was formerly known as Star brite Corporation and changed its name to Ocean Bio-Chem, Inc. in 1984. Ocean Bio-Chem is based in Fort Lauderdale, Florida.

Press Releases
09/02/09 - Star brite Granted Injunction Against ValvTect - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41104131
08/18/09 - Ocean Bio Chem, Inc. Achieves Nasdaq Trading Compliance - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=40633127
08/14/09 - Ocean Bio-Chem Reports Second Quarter Record Sales and Pretax Profits of $338,000, Pretax EPS of $.04 per Share - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=40511601
07/23/09 - Ocean Bio-Chem, Inc. Reports Record 2nd Quarter and Six Months 2009 Sales Results - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=40011631
06/11/09 - Ocean Bio-Chem Reports New $2 Million Plus Contract - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=40011516
05/13/09 - Ocean Bio-Chem, Inc. Posts Record 1st Quarter 2009 Operating Profits - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=40011390