Dewmar International BMC Inc (DEWM)

[Tempy]

Mr. Hiren Shah, CEO of India Imports, and Dr. Moran speak almost weekly either in-person or via mobile phone as they work through the vast amount of information needed to prepare the most beneficial merger/acquisition deal. One thing that has been mutually agreed upon is that Dewmar International must first become a fully reporting entity prior to the finalization of the deal. For the past several weeks, Dewmar executives have been conducting job searches and interviews for junior and senior accounting staff to work either from its Houston and/or Clinton offices. The goal is to provide a timelier accounting process as opposed to outsourcing it in the past which proved to be slower and less efficient. The Company still has its newly engaged Colorado auditing firm in place to review its new accounting team's financial reports. In order for the Company to become current, the past two years financials must be audited.