is all out of bubble gum.....
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Is this ever going to do anything here...... Can't even get a pump here.
I am amazed this turd is still floating. I thought by now it would have sunk to the bottom and been flushed. Q4??? My guess this will not be pretty.
Why not just buy 4's? If you think it is going to worth .001 next month...
??? hmmmm
I hope this is a joke....Irony...Best of luck
LOL........ohhh
Well that is your opinion. Truth is the only real money(six figure) I ever made in the OTC was trading BS companies. This my friend is on my watch list of BS companies. Volume comes in I put my eyes on it. If I thought this had a chance I would be a buyer. I have noticed there are some familiar characters showing up but I think they have old bottom loaded shares they want to dump and are just trying to unload as they have realized nothing is going to happen here before this goes dark.
We .... As in you, yourself and I?
I feel sorry if not.
ME.... Best of luck.
This is true I did buy back then and in the end came out ahead flipping here buying large amounts under ask and selling into the bid. Printed me some good profits until it was so obvious this was a scam. I'm here to help you because at this point this is a black hole for investors money.
LOL. Just for fun you should read over the last couple years of PR's. Tell me how many of those true... Let's say she had some unforeseen circumstances on a few but seriously some where just straight lout lies. How many PR's can you send out that are not true before you can not be trusted. 5-6 .....10-12.... How about every...all
Go look at the history of QEDN and and GEGI.
L
Look up Kate and her partners past and see what products have ever been produced and sold. Shares shares and more shares. Billions and billions of shares....never a product. Been here a long time. Not saying there is no money here to be made swapping shares here. Just saying it will not be because a product is produced but from when they can print shares and PR's start to bring in "NEW" investors. Kate will make money printing shares and if you are on the right side of the run so will you. If it walks like a duck....
Best of luck.
There will never be a product on any shelf. This company was in the stock selling business and currently all out of products. As soon as they get approval from the new boss and cut a deal to start printing shares again then you can buy all the "product" you want. Be aware that shelf life will be short before value is taken back and company returns once again to shell status.
This is how this trades and that is why there is no real interest here. Those invested here are holding and if buying it is minute trades. At this point there is also what appears to be an unlimited amount of shares available to be had at wherever the bid is over or near .01
You call it as you see and Ill do the same. If you can not deliver your product from the kistarter program that is a fail.
On the debt. It is only worth what you can sell it for. 200K is better than nothing... Better yet using your logic.... better ask yourself why he is selling. I imagine he has way more insight than anyone here. When the rats jump off the ship it is wise to follow.
From the latest financials.... This company needs capital. How do they buy this much needed printer(s) without money?? Do you think they are going to spend more than they can make? Here is where it gets intersting in my book. I dont buy the printer BS excuse. Why.... Because you can have these parts made buy thousands of other companies here and abroad. I smell other troubles. Either way fail is fail.
Attacking others over opinion is what the internet is made of. I read so many posts about how OTCX is such a crook/liar/manipulator etc and come to find out they were just doing a job...selling debt. How about those posts... I have better things to do with m money than to manipulate stinky pinks. Matter a fact I think I read multiple post about individuals here pushing up value with minimal buys or trying to manipulate automated systems into moving bids.
People who live in glass houses shouldn't throw stones?
Best of luck.
Wrong.... .009 traded. We may not see .001 but we are now sub peny and .005 x 40 millions shares is still worth 200K. I think we see selling until all those shares from that giant bag is empty. With the failed kickstarter program this company needs capital....don't be suprised if more convertable debt is sold or shares printed. They don't call it the stinky pinky for nothing. Seller may have financial obligations for year end or just tired of holding this debt...who knows.
Best of luck.
Are you sure these are not existing shares issued now coming to market as debt conversion? Shares are coming from somewhere and appear to be unlimited.I find it hard to believe OTCX to target this ticker for manipulation as it trades so thin. I believe OTCX is the outlet for these debt shares. The OTC is twisted. My thoughts are that the ticker was walked up so debt could be converted and now.....This is going to walk down to wherever it ends up once shares are sold..... .001-.0001
Too much manipulation happening here to be a legit deal. I think pointing finger at OTCX is the first layer. Need to look deeper....
That was an interesting end of day trade.
Just a heads up. Might want to chek into rules selling shares with intentions to manipulate share price....Its a no no. As for OTCX...Could they be selling shares for the largest share holder?
Best of luck.
Wonder if she is going to update her investors relations page??
https://www.instagram.com/sachainchiandkate/
Looks like someone was on the right path. Can not be suprised here in stinky pinky land. We all have to eat.
Best of luck.
Rolling on the floor laughing......OH my GOD.............Seriously?????
Too much.
Where do all of these shares come from htat are selling here? Something doees not add up...OTCX
Best of luck.
Up from here. Good volume.
I have my eye here for awhile and believe the market is right to move into commodities. I think we will see the dollar begin to weaken.
This is a company to keep an eye on. They have a great oppurtunity to capitalize on the Uranium market trade with China. Took a healthy position.
The Indiegogo deal does not seem to be selling.... What happened?
Sold ALL shares pre .13 drop and will not be back. No longer following this company or moderating this board.
Best of luck
How long has it been since we had an official update here?
Kickstarter is not going to make revenue look better in my opinion this year. If anything it is a short term loss and hopes to break even maybe by Q2 2019.
Best of luck.
Awesome. That is exactly what I thought. Thank you for a look inside your logic.
Best of luck.
Where do these shares come from?
Seriously..... LOL. Now that's funny.
The itchy beans are going to carry the gold mine.
LOL....I am buying also...
The financial reports are definitely marked unaudited. Here is a link to the last financial statement linked here https://www.otcmarkets.com/filing/html?id=12926916&guid=JBTZUaoudyQiC3h
Not sure how you could miss it on the financials if you read them.
Part one look under the date:
BROWNIE’S MARINE GROUP, INC. AND SUBSIDARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
June 30, 2018 (Unaudited)
BOWNIE’S MARINE GROUP, INC. AND SUBSIDARIES
CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY
(UNAUDITED)
BROWNIE’S MARINE GROUP, INC. AND SUBSIDARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(UNAUDITED)
BROWNIE’S MARINE GROUP, INC. AND SUBSIDIARIES
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
JUNE 30, 2018
(UNAUDITED)
I expect to see more of the below:
On January 6, 2018, the Company issued 217,391 Units consisting of 869,565 common shares and 217,391 common stock purchase warrants exercisable at $0.0115 per share. The warrants are exercisable at any time for a period of two years from date of issuance.
In January 2018, the Company issued 2,000,000 common shares to Mr. Dana Allan for his services for serving on our board of directors. The grant date fair value of the shares issued was $25,000.
On February 2, 2018, the Company issued 434,783 Units consisting of 1,739,130 common shares and 434,783 common stock purchase warrants exercisable at $0.0115 per share. The warrants are exercisable at any time for a period of two years from date of issuance.
On April 4, 2018, the Company issued 142,857 common stock shares to an employee of the Company with a value of $0.0125 per share totaling $1,786 which was charged to stock based compensation.
On April 6, 2018, the Company entered into a Patent and License Agreement issuing 759,422 common shares with a fair value of $0.0395 per share totaling $30,000.
In May 2018, the Company issued 200,000 common shares to two consultants with a value of $0.03 per share totaling $6,000 which was charged to consulting fees expense.
I like the volume this week. With volume comes profit.
Rinse repeat.
Question I ask is the Nemo KS deal going to make this stock go up? That honestly is all I care about as an investor is can I buy stock here at todays price and sell later at a higher price? Can I make money? Will I make money? Will others also believe so they will buy my stock at a profit for me?
Let's say they sell $200K on the KS program what does that mean to the bottom line. If Brownies makes 50% profit after manufacturing/campaign/affiliate/shipping/warehousing/labor etc that would be great. Out of that $100K of p0tential profit how much of that is going to go against existing debt or research, new machinery, new hires, bonuses etc?
What I expect is it will be just another Q like those in the past where the company spends more than it makes and either needs to acquire more debt or sell shares.
Now lets say they have a good Q and show a profit. Is that profit going to be substatial enough to make others want to invest here? Can it be repeated for the next Q? I don't think running a KS program every Q is substainable. How will they sell more units? With advertising comes costs? More salesmen more cost. Is there a demand enough for a product like this on the market and is it crowded by other makers? Liability issues?
The KS campaign from what I understand is being assisted by an affiliate program that makes a percentage from every sale. The articles written with links are to make money period. Paid advertising in the rears as simple as that. Nothing wrong with it. Just is what it is. You spend enough money you can make anything appear succesful.
Do I want BWMG to have success is what you asked. 100% and to do it in a way I can make money. I have been here for years and heard and seen quite a bit. I visited Brownies and have spoken with a couple of the people there. I am here becuase I want to believe but is "NEMO" the path to success? I guess we will see soon enough.
I am a numbers guy and a realist. You have to remember we are dealing with a company trading on the OTC with unaudited financials. Take that for what it worth and you build from there. History is important with any company and this one has not made profits and has large accumilated debt on the books like 99.9% of the companies trading today on this exchange.
One of the key problems that I as an investor trading BWMG is that it is hard to sell shares. This stock just does not trade well period. Many days of no trades and most days gains and losses are based on trades from $5 to $50 and it is rare to see a day this trades over $1000. If you had a position of $5-10K could be a tough out without destorying value here?
Here is what I think they shoud do....
Get on shark tank and land Mark Cuban or the QVC gal as an investor in the company.
Until something like the above happens I honestly just don't see this going anywhere.
Best of luck