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I would say it is both. Traders can play the price moves, and holders can hold(plus the obvious overlap of holders flipping to increase position size, or traders flipping for profit, leaving a few shares afterward for fundamental moves).
As for when it will hold a penny, that I can't answer. I'm just one investor. That is up to Marco, Dewmar, and their business associates, as well as the market in general. That said, I do believe it will get there and hold in due time, so upon such premise, whether flipper or holder, my own personal standpoint is that there is upside from the current price point.
It sure is!
Nice to see you as well, Fig. I've enjoyed your charting. It's nice to get technical confirmation from your end as well. So, thank you as well.
Marco is going to pull this off. He didn't come this far to drop the ball and call it quits, especially without any dilution. What's the profit or recognition in that? Everything from that post was just a compilation of highlights from the PR stream. Hats off to the Dewmar gold holders!
Thank you, CE. Nice grab on the new shares!
Yes, I agree. That said, I prefer the catalyst to be released to the public in tandem with the business deals accompanying them, rather than beforehand. I don't want to see the winning hand until all the cards are on the table. In the end, what is there is there. Double or nothing time: fins must be audited for the merger to finalize. Either he audits and closes, or folds on the account of having to be transparent enough to audit. Given his longstanding relationship with Hiren, I don't foresee that being the fly in the ointment.
$DEWM Long and Strong. No worries here, DLR.
That would certainly be worth the wait. I believe Harvey is holding a significant majority of the O/S. If he transfers his lot over to Linghang CEO, float doesn't change and insider ownership looks strong, only now with steady revenues. There have been low-floaters that have made incredible moves in recent years, such as OWCP(.0038-3.23) and DOLV(.0001-.16). No reason this can't move in similar fashion. And yes, fingers crossed for news.
Funny the way some lines of logic run. Some say Marco is an "incompetent businessman" or "doesn't know how to run a business". Yet, somehow The White House has elected for him to be a member of their business council, MDEC has him as their export chair, a $150M annual revenue company has approached him with merger discussions(after doing business with him for years), Willie Robertson(est net worth $20M) has Marco manage his brand, Marco gets appointed the board of the Minority Cannabis Business Association, Walmart shelves Marco's products for years and years, Dun and Bradstreet awards his company with a SER2 score, and is in discussion with Merit Health, Mjardin, New West Genetics, ranking members of the entertainment industry, and has filed patent regarding the medical application of cannabis, has been a part of the Weed For Warriors movement, and is assisting other companies in securing licensing for both the cultivation and dispensary of legalized marijuana. And all of the other line items that HATTER and Pigeon have posted.
....Yet Marco "doesn't know how to run a business".
Marco DOES know how to run a business. I strongly believe he is going to launch this company into recognition. I'm happy waiting and holding my shares. No need to sell to Marco's buyback, or to anyone else looking for cheap shares. That said, anyone soaking up the cheap shares, I congratulate you in advance.
$HTIC Looking good! Should look better with news. Small O/S, even smaller float. Been holding here since the ticker was DRAG. HTIC with new CEO and new company should move up on new company's existing revs. Add in industry multiplier, lack of shares and a bit of momentum once the new traders and another handful of longs get in, and this should be golden.
Nice shot of the chart below(w/just a few simple indicators):
https://www.tradingview.com/x/SeJ1Ns1t/
Good to see you posting as well, HATTER. Let me ask a question in return to the one you asked me.
What are the odds that Marco is in film, in mmj, and in Walmart, has picked up this lady's product, is working on a merger with Hiren Shah, yet another Shah picked up the film, which if it does well and products are sold would help both Dewmar and the potential merger partner, and this is all just a coincidence, as if their last names were as common as Williams or Smith?
I think you're on to something yet again, HAT. I browsed right past the Shah connection last go around, so kudos on the awesome catch.
$DEWM Nice find. A few nice little nuggets in there. Speculative, but this one was a personal favorite:
"In comments provided to The News-Star from Moran, Dewmar thinks the Bammy Sweets project could "be one of the top-selling product brands in Walmart in 2018 to marvel that of the Patti LaBelle sweet potato pies a few years ago.""
Here is the healthcare multiple:
Healthcare Sector
Price to Earning ratio is at 51.17 in the 3. Quarter 2017 for Healthcare Sector, Price to Sales ratio is at 3.14, Price to Cash flow ratio is at 15.91, and Price to Book ratio is 4.14
Source: https://csimarket.com/Industry/Industry_Valuation.php?s=800
Without doing any legitimate valuation calculations, and assuming the above is applied, let's conservatively play with a book value of .02, for sake of layman's ease.
.02 x 51.17 = $1.02(34)
Am I saying it will reach that high? No. Am I saying it can't, or won't? No, not saying that either.
Disclaimer above out of the way, I would love to see that P/E be accurate with an even greater book value. Guess we'll see.
$TRON +15% of 300M float traded in two days. Filing yesterday; PR today. Acquisition in the works for company showing $87M in 2016 revs.
See accumulation and daily candles: https://www.tradingview.com/x/R1VPake5/
Dips are golden here, for longs and traders alike. 299M float with liquid movement from traders making entries and exits, with fundamental players locking shares will equate to thinner and thinner moves, more people jumping in for the returns a low-floater brings, and more attention brought to the stock as the company fundamentals strengthen, such as in the case of an acquisition.
Congrats to all who loaded the walkdown for the past several months. Technical dips and chart cooling aside, I would now expect this to begin rising.
News and highlights(courtesy of Stervc): http://investorshub.advfn.com/boards/read_msg.aspx?message_id=136858239
499 in return, KUMO. Thank you.
212 in return Crazylegs. Thank you as well.
#160 in return, Zig. Thank you.
You got it, Penny. #2384 in return.
#91 in return, Big. Thanks!
I am extremely sorry to hear of your loss. May God reunite you both when your journey here is done. I hope she is the first one to greet you.
In additional to the otc link Pigeon sent you, this might be of interest as well:
http://www.marketwired.com/press-release/dewmar-international-bmc-inc-dewm-retires-over-100-million-shares-of-common-stock-otc-pink-dewm-2224228.htm
Phenomenal interview. I highly suggest taking the time to watch this. This was yet another measure of reinforcement that this is an incredible company and an incredible price range to be invested. It appears that Marco is anticipating significant closings to be inked within the near to mid term future. He alludes to the monetary amounts as well as to the fact that these deals have been in the works, or discussion process, for some time. That's what I like to hear. He is not closing little deals each day by selling twenty five cent bubble gum on consignment. This man has a vision, and as he mentioned, several significant verticals running simultaneously. Again, I highly suggest watching. Note the INO model discussion, the Walmart dialogue, the talking points about Lean and how we beat out much better capitalized competitors, entertainment with some very well known names, and a few other conversational points as well.
http://www.cannabisfn.com/cfnvideo/?id=51GlA0u3
New here? http://www.dewmarinternational.com/news-media/
Awesome company and an oversold chart. Looking forward to the future and some surprise press releases as the bigger deals begin to close, including but not limited to a $150M M & A deal with India Imports, as can be seen in a prior release by going to the company news link above.
Congrats to anyone who soaked up shares on the dip. Accumulation line is still the same, holding 2.15B. RSI(14) is at 23 with the pps at .004. RSI(14) at .002, before the run up to .0175, was 41. Accumulation showing the same trend of stability as just before the peak of the run, over .01 on one side, and remaining steady regardless of the walk down in price. Accumulation showed 1.87B at .002, again with an RSI of 41, yet with an even greater oversold condition now, with pps at .004, RSI is 23.
Long story short, we have as much accumulated as we did when we first hit .01, yet we have an RSI that shows even more room to run than we had at .002, before the run to .0175.
Hope Marco is using this as a buying op as well. Buy em back on clearance.
https://www.tradingview.com/x/GlE2brxR/
Good question. I do not have a concrete valuation as of yet. It all depends on what shakes out as far as the deals are concerned, which other ventures(dispensary, etc) materialize, what the share structure comes in at, how many people hold(and already own), and what type of sentiment the announcements bring in. If I am to guess, and not really crunch numbers nor exaggerate, I think holding a nickel or better is a low ball guess, and running more than a dime or two is very doable as well. We've been walking down on low volume. Running back up to previous highs should be relatively thin as well, minus the occasional sale or loading wall on the ask, and from there, momentum could drive it home. The best indicator will be the book value once transactions close, entities join, SS changes, and numbers are crunched. I'll go out on a limb and say this: Maybe this rockets sky high and maybe it doesn't, but regardless, .005 will be undervalued if the M & A with India Imports goes through, not even mentioning anything else.
You're welcome, Ironman. If you are asking about revs, it's a bit hard to tell. If they complete an M & A deal with India, and both companies are rolled up into one, annual revs(post-expansion, not factoring deductions for expansion costs), would be over $200M, which would include Dewmar's revs. The one interesting thing about the phrasing is that, DEWM is projecting $5M in revs, yet India Imports is planning to expand by 1/3 to 1/2 based on the DEWM M & A, which is $50-75M(based off their current $150M annual), so the $5M mentioned in one of the PRs must be extremely conservative, and only based on currently completed deals and ventures, all estimates projecting for expansion. I would expect the following year to be much more substantial for Dewmar alone if those projections for post-acquisition expansion by Mr. Shah are accurate, or even close to. So, that then pegs India Imports' post-expansion volume at $200-225M, plus Dewmar's at $5M+. To remain conservative, based on those projections, $205M+ in annual revs for the ticker/company/merged entity/acquired entity. That would be a nice boost here especially if coupled with a reduced share structure.
Those are just my thoughts. Don't quote me on this. Too many variables to say anything with accuracy this soon.
You got it, Temp. Thanks for keeping the posts coming on your end as well!
It sure is boring watching grass grow and paint dry, but the end result is well worth the wait.
Beautiful divergence between the RSI-14(sitting at 30) and the accumulation line, at 2.15B. Accumulation line has been slow-trending upward since the middle of August, again with the divergence of the price per share walking down on low volume. Shares are being accumulated. It's obvious. Plain. As. Day.
https://www.tradingview.com/x/Xy9ThxaZ/
Looking forward to more news regarding the merger, dispensary/cultivation, and a ton of other stuff.
Oh, and back to the pps and the "slow bleed". Again, no change in accumulation. To contrast that, sharp organic distribution can be seen mid-June.
Now let this sink in as well:
HOUSTON, TX--(Marketwired - Jun 28, 2017) - Dewmar International BMC, Inc. (OTC PINK: DEWM), a diversified brand management and operating company that conducts business across variegated industry sectors, announced today the retirement of over 100 million outstanding shares of common stock.
The Company's executives expect a significant growth curve for not just the remainder of this year but for years to come. Additionally, the Company is targeting another 400 Million shares for return to the Company's treasury, which is the variance between the O/S GAAP vs. O/S Shares Non-GAAP that appears in the Company's most recent Annual Report.
Source: http://www.marketwired.com/press-release/dewmar-international-bmc-inc-dewm-retires-over-100-million-shares-of-common-stock-otc-pink-dewm-2224228.htm
Shake out the weak hands, lock up for the longs, and tidy up that share structure before the merger is slated for completion. Up she goes after that.
Back to that merger for a minute. $150M per yr already. Post-acquisition sq ft to expand by 1/3 to 1/2. All things equal, that's another $50-75M/yr in revs expected. I wouldn't be surprised to see us soak up Ravi's as well. That's speculation on my part, but I'm seeing it as a legitimate possibility.
"This acquisition would provide Dewmar with expanded market reach for its existing and new consumer goods. In fact, if the acquisition is closed, new products can be piloted at the 120,000 square foot wholesale facility to build up the brand's sales track record before Dewmar presents them to big box retailers. Post-acquisition, International Wholesale Club plans to add an extra 40,000 to 60,000 square feet to accommodate expected growth."
Source: http://www.marketwired.com/press-release/dewmar-international-bmc-inc-dewm-plans-acquire-india-imports-llc-150-million-annual-pinksheets-dewm-2229995.htm
Long story short, the wait is boring, but I'm betting on DEWM. Prices here are a gift. If you see things the way I do and many other longs do, you already know that; and if not, you have your own opinion and decision to make as well. I'm holding and am perfectly happy doing so for quite some time to come.
When Marco is quiet, that's when the wheels are turning. When he's vocal, he's doing a little 'Show and Tell' with the upgrades. This bad boy is going to be a finely tuned machine.
Thanks to you too, Tuna. All the best to you as well!
Thanks Tuna! #178 for you in return.
61 from down South
66 in return!
322 for you
I agree, Meq. While the interview had nothing really to do with Dewmar(directly), aside from the Willie's promo, it had a great message, not about picking sides or creating forced diversity, but in finding common ground with those from diverse political and racial backgrounds, and letting the good and the unity come from that instead.
I truly believe that Marco is a good person as well as a good CEO. It is nice to be invested under good leadership.
Oh, and the past few days here after that conference have been great. Looking forward to a big move up, but enjoying the small walk-up before the big candles start.
Thanks for leading me to that Tweet, Meq. Checking Twitter had otherwise slipped my mind today.
I had tape on my mouth and on my hands. My mind was stuck on Dewmar. Someone removed the tape and I just couldn't contain myself.
Yeah, I'd say that's enough to do the trick.
What is just as exciting as Dewmar landing new hedge funds and retail investors from today's conference?
The Deals and the Contacts. We are a brand management company. In Walmart. Very likely to be formally united with India Imports as well. Serious distribution capabilities.
Today's Exhibitors: https://mjac2017.com/?utm_source=ihub&utm_medium=site_textlink&utm_campaign=Mjac2017
Scroll down for Today's Speakers. Media Partners below that(*think Exposure).
JD Houston is going to crush it.
Next Leg Coming. DEWM is about to run again. 1-3weeks tops, IMO> http://stockcharts.com/h-sc/ui?s=DEWM&p=D&b=5&g=0&id=p94080437279
Same here. The best part is that it is written in the past tense, not forward looking. Already done. Accomplished. Tues could be an awesome day!
....and an oversold chart to match. DEWM is going to launch.
Awesome excerpt right here: "If you are interested in growing hemp as part of a Sec. 7606 pilot program (select sates) or obtaining a medical marijuana license (select states), you can call on the experts at USHC to help you submit a winning application. Across our network of partners, we've won licenses in more than seven states for marijuana and three states for hemp"