Replies to post #193036 on Dewmar International BMC Inc (DEWM)

[jsw10011]

Definitely annoying yes

[Det_Robert_Thorne]

Backlogged news already out. Moran needs new news.

Marco hasn’t been this quiet in
Months. Something is up, and we don’t even need news.

A lot of the news he's released since DEWM went OTC Current has been about things that happened from 2014 - 2016, so now that he's working in "real time" the pace of news has slowed.

For example, look at the July 10, 2017 PR about Merit Health, in which DEWM stated:

The property was immediately rented to Merit Health System of Mississippi

According to the Hinds County Landroll the Moran's company, 1001 E. Hwy 80, bought the land and building on 6/19/2015:

http://www.co.hinds.ms.us/pgs/apps/landroll_detail.asp?ID=2860-834-821

So if Merit moved in soon thereafter, that would mean that the July 10, 2017 PR was announcing something that happened nearly two years earlier, but was implying that it was a recent event.

Just as with the Merit Press Release, the PR from Jun 26, 2017, which announced $4M investments from prior years earnings, talked about these deals as if they were recent, but if one looks at DEWM's 2014 - 2016 filings, all of it was invested by the end of 2016 (See how cash declined from $3.7M at the end of 2014 to $181K by the end of 2016? It was transferred to Notes Receivable (Notes to HWRC and others,) which went from zero at the end of 2014, to $3.3M by the end of 2016.

2014: https://www.otcmarkets.com/financialReportViewer?symbol=DEWM&id=174239

2015 - 2016: https://www.otcmarkets.com/financialReportViewer?symbol=DEWM&id=174497

He's not going to put out a PR about his client losing the race for the Southern University contract, so we're going to have to wait to see if something happens in Arkansas or with India Imports (BTW, for the India Imports deal to go through, I expect that DEWM might need a fairly large reverse split, because it will cost a lot of shares to acquire a supposed $150M/year business, and it could blow through the current AS.)