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Total agree with you! Good summery about CEO and Co have done so far. I am just sit and wait here for right moment for US. I have patience and confidence about it.
PannyFan
CMGO CEO continuously buy his company's shares from the market. He must feel very confidence the stock is undervalue. If CEO buy his company's stock on the market, I will buy is too.
go CMGO
PennyFans
Nice green close with increased volume. Good sign for the stock.
GO MMMM
PennyFans
Thanks for the response. The company's other business is still going well without BLU-VENT.
GO BWMG
PennyFans
Second wave of COVID-19 is coming. Does anyone has any info about current status of FDA Emergency Use Authorization of BLU3-Vent. Do we still have hope for approvement or does not have any hope at all?
GO BWMG
PennyFans
BWMG, nice up day with increased volume. Look like most shares are hold tightly by long investors. Some buy pressure would push pps quick up.
PennyFans
WAXS, surprise huge volume today! The volume precede price. We may see price rising here soon. I am not sure why, but this company never rise OS since 2000 as I know. The market capital is very small.
PennyFans
BWMG, very happy to see that they are very buzzy to fulfil orders from dealers.
Thanks for post it!
PennyFans
LGMH, very nice news! Thanks for post it.
PennyFans
Thanks for posting the news. Nice trading volume today. It have not been seen this kind of volume for several years. Looks like something is up. Like the news said "There is more news to come".
GO LGMH
PennyFans
Awesome! we were awarded a top 5 spot out of over 170 projects.
https://mailchi.mp/diveblu3/nemo-summer-coupon-20-off?e=e9b92c010d
go BWMG
PennyFans
What a wonderful team! Each one with impressive experiences in their field. I am very impressed by looking at BLU3 Vent Team on bottom of the webside.
Thanks for info.
GO BWMG!
PennyFans
BWMG, total agreed! All of our shareholders should highly appreciated what Robert and the rest of his team have accomplished in such little time!
PennyFans
BWMG, "awaiting review by the FDA for Emergency Use Authorization"! This a huge news. Appreciated to shared with the board. Image if get FDA approved, what will happen to the pps.
Go BWMG!
PennyFans
BWMG, nice breakout day!
PennyFans
You are very welcome! That is great to hear they are ready to begin the trail tommorow. We are expectig more good news in near future!
GO BWMG!
PennyFans
According to two 8K posted at Friday, April, 17, 2020, that means BWMG share price will never to be below 0.025 too much, but maybe much higher than 0.045 since then. Of course it is just my opinion.
Having a nice weekend!
PennnyFans
I think this is much better way to rise money for working capital than issuing convertible notes. Of course it is just my opinion.
go BWMG
PennyFans
Mr Carmichael, owner of the option, is CEO and he knows about the company's potentials
PennyFans
I think so too! the executive price of the option is at current market price $0.045. That means he expect the stock price will go up a lot when the option be vested if any achievement is reached.
PennyFans
BWMG, a very nice 8k posted today! That list the direction where the company to hit. If these goals is achieved, that will be very good for our shareholders.
PennyFans
8K
Item 1.01 Entry into a Material Definitive Agreement.
The information which appears in Item 5.02 of this report is incorporated herein by reference.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On April 14, 2020 Brownie’s Marine Group, Inc. entered into a Non-Qualified Stock Option Agreement with Mr. Robert M. Carmichael, its Chief Executive Officer (the “Carmichael Option Agreement”). Under the terms of the Carmichael Option Agreement, as additional compensation we granted Mr. Carmichael an option (the “Option”) to purchase up to an aggregate of 125,000,000 shares of our common stock at an exercise price of $.045 per share, of which the right to purchase 75,000,000 shares of common stock is subject to vesting upon the achievement of the net revenue milestones set forth below (the “Net Revenue Portion of the Option”) and the right to purchase 50,000,000 shares of common stock is subject to vesting upon official notice of the listing of our common stock on The Nasdaq Stock Market, the NYSE American LLC or similar stock exchange. The Net Revenue Portion of the Option shall vest as follows:
? the right to purchase 25,000,000 shares of our common stock shall vest at such time as we report cumulative consolidated net revenues, including revenues from related parties and revenues recognized by our company arising out of any subsequent acquisitions, mergers, or other business combinations following the closing date of such transaction (the collectively, “Net Revenues”), in excess of $3,500,000 in the aggregate over four consecutive fiscal quarters commencing May 1, 2020 and ending on April 30, 2023 (the “Net Revenue Period”);
? the right to purchase an additional 25,000,000 shares of common stock shall vest at such time as we report cumulative Net Revenues in excess of $7,000,000 in the aggregate over four consecutive fiscal quarters during the Net Revenue Period; and
? the right to purchase an additional 25,000,000 shares of common stock shall vest at such time as we report cumulative Net Revenues in excess of $10,500,000 in the aggregate over four consecutive quarters during the Net Revenue Period.
The Carmichael Option Agreement provides that the Option is exercisable by Mr. Carmichael on a cashless basis. The Option is not transferrable by Mr. Carmichael, and he must remain an employee of our company as an additional term of vesting. Once a portion of the Option vests, it is exercisable by Mr. Carmichael for 90 days. Any portion of the Option which does not vest during the Net Revenue Period lapses and Mr. Carmichael has no further rights thereto.
The Carmichael Option Agreement and the granting of the Option was approved by the independent members of our Board of Directors. If vested and exercised, the Option will result in a change of control of our company. The foregoing terms and conditions of the Carmichael Option Agreement are qualified in their entirety by reference to the agreement which is filed as Exhibit 10.1 to this report and incorporated herein by such reference.
I saw BLU3 's advertisement on BBC news website! It is very nice!
Nemo Portable Dive System
Battery Powered, Ultra Portablr, Travel Friendly, Support One DIver To Ten Feet!
PennyFans
I am very glad that BWMG come up with BLU3-vent protype in very short time. Their work and effort should be highly appreciated in my opinion.
BWMG
PennyFans
BWMG, very nice website that display Blu3-vent protype. Appreciate you post it.
PennyFans
BWMG, nice volume this morning. The market are still waiting for a good and solid news!
Go BWMG
PennyFans
BWMG should provide a pretype of Ventilator as soon as possible as a proof of the capability in my opinion.
GO BWMG
PennyFans
CNBC: New York orders thousands of manually operated pump ventilators as coronavirus cases surge: ‘This is the alternative’
https://www.cnbc.com/2020/03/28/coronavirus-new-york-orders-thousands-of-manually-operated-pump-ventilators.html
KEY POINTS
The Empire State anticipates requiring 140,000 hospital beds and 30,000 ventilators when the outbreak reaches its peak in 14 to 21 days, Cuomo said in a Saturday press conference.
If the state is short on ventilators, COVID-19 patients will need to use bag valve masks, which must be manually operated by health-care professionals.
Cuomo is reporting 728 deaths in New York as of Saturday, which is 209 more than he reported during a conference on Friday.
The state will also be adding four more temporary emergency medical facilities, which have been approved by President Donald Trump, the governor said.
Cuomo Pump Ventilator
Gov. Andrew Cuomo demonstrates how a “bag valve mask” works at a press conference Saturday, March 28.
Governor’s office, press conference
Coronavirus patients in New York will have to resort to using bag valve masks if the Empire State doesn’t have enough ventilators, Gov. Andrew Cuomo said in a press conference on Saturday.
The state anticipates it will need 140,000 hospital beds and 30,000 ventilators at its “highest point of need” – that is, when coronavirus infections are projected to hit their apex in 14 to 21 days, Cuomo said.
Failure to obtain these ventilators means that patients will need to have air pumped manually into their lungs with a bag valve mask, he said.
“It’s a manual ventilator and someone squeezes the bag continuously,” Cuomo said. “This looks easy, but if you do this for any length of time, you see how difficult it winds up being.”
“This is the alternative if you don’t have a ventilator,” he said.
New York has already purchased about 3,000 bag valve masks and ordered 4,000 more, according to Cuomo.
“We’re even talking about training National Guard people to learn how to operate this device, which is relatively simple to operate, but you need a lot of people to operate this 24 hours a day for each patient,” he said.
GP: Bag valve ventilator mask
One person uses a bag valve mask while another alternates with CPR.
BSIP | UIG | Getty Images
“The short answer is ‘no, thank you,’” Cuomo said. “If we have to turn to this device on a large-scale basis, that’s not an acceptable situation.”
The federal government has sent 4,000 ventilators thus far, according to the governor. Though they aren’t currently in use, the state is holding them in anticipation of an increase in cases.
“We’re planning for the apex and waiting for the critical need,” Cuomo said.
Cuomo added that each ventilator costs between $25,000 to $45,000, and the state doesn’t want to pay to buy more ventilators than what will be needed at the apex of the outbreak.
“You’re talking about a state government that’s already, from a position of revenues, in a terrible position because we’re not collecting any revenues,” Cuomo said. “On a very parochial basis, I don’t want to pay for them,” he said.
Hospitals in the state have been experimenting with using one ventilator split between two patients because of the lack of rapidly available ventilators.
Four more temporary hospitals
The state will also be adding four more temporary emergency medical facilities, which have been approved by President Donald Trump, the governor said.
One will be located in Brooklyn at the Port Authority Terminal, another at the Aqueduct Racetrack in Queens, a third at the City University of New York’s Staten Island campus, and a fourth at the New York Expo Center in the Bronx.
New York has been the epicenter for the coronavirus outbreak in the U.S. On Friday, the number of deaths related to COVID-19 topped 500, a dramatic jump from only a day prior.
The number of fatalities due to coronavirus hit 728 in the Empire State on Saturday, up by more than 200 in a day.
Coronavirus cases are “still doubling, and that’s still bad news,” Cuomo said at the Jacob K. Javits Convention Center, where the U.S. Army Corps of Engineers is setting up a temporary hospital, in New York City on Friday.
On Friday, Cuomo ordered New York schools to remain closed for an additional two weeks until April 15 as the number of cases continues to rise.
BBC: Coronavirus: What are ventilators and why are they important?
https://www.bbc.com/news/health-52036948
Coronavirus: What are ventilators and why are they important?
27 March 2020
Share this with Facebook Share this with Messenger Share this with Twitter Share this with Email Share
Related TopicsCoronavirus pandemic
Image copyrightDYSON
The government has ordered thousands of ventilators to help ease the pressure on hospitals caused by the coronavirus crisis.
For patients with the worst effects of the infection, a ventilator offers the best chance of survival.
What is a ventilator and what does it do?
Simply put, a ventilator takes over the body's breathing process when disease has caused the lungs to fail.
This gives the patient time to fight off the infection and recover.
Various types of medical ventilation can be used.
According to the World Health Organization (WHO), some 80% of people with Covid-19 - the disease caused by coronavirus - recover without needing hospital treatment.
But one person in six becomes seriously ill and can develop breathing difficulties.
In these severe cases, the virus causes damage to the lungs. The body's immune system detects this and expands blood vessels so more immune cells enter.
But this can cause fluid to enter the lungs, making it harder to breathe, and causing the body's oxygen levels to drop.
To alleviate this, a machine ventilator is used to push air, with increased levels of oxygen, into the lungs.
The ventilator also has a humidifier, which modifies adds heat and moisture to the medical air so it matches the patient's body temperature.
Patients are given medication to relax the respiratory muscles so their breathing can be fully regulated by the machine.
Image copyrightGETTY IMAGES
Image caption
All medical ventilation requires close supervision from trained staff
People with milder symptoms may be given ventilation using facemasks, nasal masks or mouthpieces which allow pressurised air or mixtures of gases to be pushed into the lungs.
Hoods, where pressurised oxygen is pumped in via a valve, are also being commonly used to treat Covid-19 patients, partly because they reduce the risk of airborne transmission of the virus from droplets in the breath.
Image copyrightINTERSURGICAL
Image caption
Oxygen hoods reduce the risk of disease transmission
These are known as "non-invasive" ventilation, as no internal tubes are required.
However, Intensive Care Units (ICUs) would generally put patients suffering acute respiratory distress on mechanical ventilation quickly, to ensure oxygen levels in the body stay normal.
Dr Shondipon Laha, from the Intensive Care Society, told the BBC most patients with Covid-19 would not need a mechanical ventilator and could be treated at home or with supplementary oxygen.
But although there were risks when using ventilators, such as not knowing who would suffer long-term effects, he said, sometimes a ventilator was "the only way of getting oxygen into the patient".
Another issue, Dr Laha explained, was having enough of the right staff in place to manage all the ventilators expected to be needed.
"A ventilator is a complex beast - it can cause a patient trauma if not set up properly," he said. "The technical aspects are challenging. People have knowledge on varying types of ventilator in other specialities, but may need support in using them in intensive care if they're unfamiliar with this".
How many ventilators does the UK have - and how many might we need?
The NHS is reported to have just 8,175 ventilators - and is urgently seeking to acquire more.
The government believes up to 30,000 could be needed at the peak of the pandemic - and has placed an order for 10,000 newly-designed machines from technology firm Dyson.
Dyson insiders have told the BBC they have a working prototype, designed and built from scratch, which has been tested on humans and is "ready to go".
A further order of 5,000 machines could come from Luton-based Smiths group, possibly its portable ParaPac model.
Image caption
The Smiths ParaPac ventilator is designed to be easily transported
Another British company, Gtech, has designed a prototype which can run entirely off the hospital oxygen supply without the need of a power source.
A number of other companies - including a consortium of Airbus, Meggit and GKN - are also lining up to supply further ventilators based on existing designs.
Media captionVentilator designed for coronavirus patients
BWMG: Stocks That Hit 52-Week Highs On Tuesday(Benzinga)
Brownie's Marine Group (OTC: BWMG) stock made a new 52-week high of $0.04 Tuesday. The stock was up 41.1% for the day.
PennyFans
BwMG, great news today! glad to see positive response of the market! Appreciate you to post it on the board.
PennyFans
BWMG, very good news today and more news is coming! Appreciate you posted here!
PennyFans
BWMG, good volume 2 days in a row! Something is up. We are gaining awareness of the market.
PennyFans
BWMG, nice volume today. It maybe is new starting of up trends.
PennyFans
CMGO, very nice to see the company continuously to purchase their owns shares from open market. This will definitely reduce the float and the market will response to it eventually.
PennyFans
CMGO, have repurchased in excess of 8.6 million their own shares from open market and will become fully-reporting with the SEC and uplist to the OTCQB in next 60-75 days. Looks like CMGO is going to up again!
PennyFans
CMGO, very glad to see the company taking big step to become a full reporting again:
Quote from today's 8K: we have hired auditors and should be fully reporting again within 60 days
PennyFans
CMGO, 8k at today. 1 million shares in the open market at an average price of .0065. To date, the company has bought more than 7.4 million shares.
GO CMGO
PennyFans
Item 8.01. Other Events
Pursuant to the share buy-back agreement approved by the Board of Directors on June 10, 2019,
CMG Holdings Group announces the purchase of 1 million shares in the open market at an average price of .0065. To date, the company has bought more than 7.4 million shares. The company continues to believe the shares to be significantly under valued.
SGSI, if looking at last three years' revenue, you may have a different views. From the chart, looks like the trend is going to reverse.
Good luck for all of us!
PennyFans
SGSI, very nice news today, appreciate you posted it on the board!
PennyFans
Spectrum Global Solutions Receives Over $4.8 Million in New Contract Awards
http://www.globenewswire.com/news-release/2020/01/14/1970258/0/en/Spectrum-Global-Solutions-Receives-Over-4-8-Million-in-New-Contract-Awards.html
January 14, 2020 08:30 ET | Source: Spectrum Global Solutions, Inc
LONGWOOD, Fla., Jan. 14, 2020 (GLOBE NEWSWIRE) -- Spectrum Global Solutions, Inc. (OTCQB: SGSI) (the “Company” or “Spectrum”), a leading single source energy management technology and network services provider, today announced that it recently received over $4.8 million in new contract awards across all operating subsidiaries.
The new contract awards are from both new and existing clients. The work orders are predominantly for infrastructure projects as carriers upgrade their networks for 5G wireless services throughout the United States and its territories.
“We continue to see strong demand for our professional services as demonstrated by continued new orders,” said Roger Ponder, Chief Executive Officer of Spectrum Global Solutions. “In addition to our footprint in the U.S., Canada and the Caribbean, we are beginning to establish a footprint in Europe, Africa and Asia as well. These successful initiatives, when paired with the recent acquisition of WaveTech GmbH, make this a particularly exciting time for Spectrum Global Solutions.”
“Since acquiring WaveTech GmbH, we have continued to work in the background to introduce the patented Crystal Control Technology (CCT®) to our U.S. and Canadian clientele – planting the seed for future sales while continuing to support the WaveTech team in their international deployments,” added Keith Hayter, President of Spectrum Global Solutions. “CCT uniquely prevents buildup of non-soluble lead sulphate crystals in lead-acid batteries, a primary cause of failure for over 80% of batteries.
“By integrating CCT, battery users can dramatically extend the service life of a battery while increasing charging efficiency – notably lowering the lifetime cost of a battery system. We believe this is a transformational technology and look forward to rolling this technology out into the marketplace alongside our established tier-1 customer base.”
About Spectrum Global Solutions
Spectrum Global Solutions (OTCQB: SGSI) is a leading single-source technology and services provider, specializing in next-generation energy management, professional engineering and communications network infrastructure solutions. Spectrum’s highly scalable service platform model, proven out through engagements with tier-1 network operators in the United States, Canada, Caribbean, Europe, Africa and Asia uniquely allows for the bundling of disparate services and technology products with a single provider, simplifying network deployment and maintenance with a comprehensive, cost-competitive one-stop-shop solution.
Spectrum’s patented energy management solution, Crystal Control Technology (CCT®), uniquely prevents lead sulphate crystal buildup, a primary cause of lead-acid battery failure. Integrated in the form of a microchip in the battery lid, CCT improves battery capacity, longevity and charging efficiency while concurrently reducing the lifetime service costs of a battery system. To learn more, visit the Company’s website at https://spectrumglobalsolutions.com/.
Forward-Looking Statements
The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations.
Investor Relations:
Greg Falesnik or Luke Zimmerman
MZ Group – MZ North America
Main: 949-259-4987
SGSI@mzgroup.us
TINO, look like it is ready to go up again!
PennyFans