Value Microcaps Motherboard

[geodan]

Hi SS, thanks for post. BWMG is an unusual company as a stock very nanocap. The sales were down as in 2015 they sold a "high pressure system" a tank refilling system, those sales are less than once a year, not one in 2016. But their main product, hookah dive systems is up 7% Yr/Yr and they went book value positive so I see it as turnaround. They have been selling them for over 40 years, with some new versions like battery powered ones now. They now have lower overhead than in past.

They reduced expenses and the CEO takes no salary, so unlike 90% of penny stocks, it is not a scam.

BTW do you know of another company that is truly a value stock that is under $2 million mkt cap? I am interested, size does no scare me, bad financials do.