Dewmar International BMC Inc (DEWM)

[wiltonweather]

I see nothing wrong with being long DEWM, but being realistic at the same time. Simply stating that the stock is going to make all of us rich, without any substantive facts is ludicrous.

The idea that Marco is doing things behind the scenes to benefit all, doesn't make sense. If he's doing all of these wonderful things, he should be informing shareholders with regular updates. Withholding the financials until more of his projects are complete, makes little business sense. I heard through the grapevine that he wants to 'protect' his secrets, so as not to have his competitors steal them. I'm also told that by doing so, he'll be able to provide this 'new and improved' information in the financials. In this way, he'll be able to get rid of the flippers and only attract long-term investors to the stock. At least, so I'm told.

For those who believe this, while I respect your opinion, I believe it to be an extremely poor way of running a business. The bottom line for me, and for those friends of mine who work on Wall Street, is that there's a reason why the financials haven't been released. Unfortunately, none of the reasons are good ones.

I'll continue to give Marco the benefit of the doubt, and I truly hope that he proves me wrong. At this point in time, however, I fail to see ANY legitimate reason why the financials have yet to be released. For however long he continues to keep them a secret, I remain skeptical. Being skeptical equates to being realistic, which is how everyone should be viewing this stock at this time.