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Re: researcher59 post# 22655

Friday, 07/22/2016 10:22:30 AM

Friday, July 22, 2016 10:22:30 AM

Post# of 113860
BWMG:

After averaging less than 50,000 shares per day for months if not years, on Wednesday this sub-penny stock traded almost 7.8 million shares. The total outstanding shares are approximately 58 million, so this is an extremely large amount. Now, the price per share is about $.005 per share, which obviously means that the entire market cap of the Company is less than $300,000 -- the price of a decent condo where the Company is located in Florida.

This Company may be much too small for many posters on this board to care about, but I speculate something very interesting may be about to happen, and that on Wednesday someone in the know wanted to secure a decent sized position.

"Brownie’s Marine Group is the world’s leading innovator, designer and manufacturer of surface supplied air diving systems – often referred to as Hookah diving systems though we name ours the Brownie’s Third Lung. We are also the worlds leading innovator, designer and manufacturer of fully marinized compressor systems as well as the maker of the phenomenal NitroxMaker – the only nitrox making system approved by Bauer Compressors to be used with their compressors."

http://www.browniesmarinegroup.com/about/

The Company's revenues and earnings are seasonal, but in the past year, it has shown a (very) modest profit. My guess is that the Company's proprietary technology alone might be worth several times more than its current market cap.


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