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Monday, 10/16/2017 4:53:11 PM

Monday, October 16, 2017 4:53:11 PM

Post# of 211436
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.