Dewmar International BMC Inc (DEWM)

[Det_Robert_Thorne]

3Q/17 report: $322.2K Rev. $272K loss

The financials have been filed. I expect the full "Basic Disclosure" Report to be filed later. The results are even worse than the $500K low-end estimate I posted last night.

There was only $183.6K in product revenue, $128.6K in restauarant revenue, and $10K from commissions, for a total of $322.2K.

The Operating loss was $272K, and Moran is reporting a weighted average of common shares of 2.8B. The OS to be reported in the Basic Disclosure will be higher.

During 3Q/17, Dewmar issued $354.1K in notes payable, but apparently used most that fresh, new cash during the quarter.

http://www.otcmarkets.com/financialReportViewer?symbol=DEWM&id=182443

I'll add some numbers and analysis in a later post, once the "Basic" is filed.