Replies to post #13414 on Brownie's Marine Group Inc (BWMG)

[bman]

Here's a link you can check: https://www.otcmarkets.com/stock/BWMG/filings

I don't think they had a profit last quarter, but I believe they did profit for the year 2016. They had numerous consecutive quarters of profit in the 2015-16 time frame and I think one or two quarters this year. The main impetus driving the stock price now, IMO, is the fact they've partnered with L&W Compressors and investors are expecting income and profits to make a very substantial improvement in the months to come.

BWMG!!!

[geodan]

Hi Ecomike, The company is slightly profitable now think for last 4Qs so that figure may be right, but was 1 P/E this time last year, seriously. They are expanding now and setting up L&W so some investing is going on that will pay back later IMHO but your point is correct. Most sub .05 stocks are losing money and often have zero revenue or are selling for 20 times Sales, BWNG is selling for less than 1X sales! A total rarity for nanocaps.

I have made the most money in last ten years on value nanocaps, BWMG fits the profile. And its fully reporting, suggest not touching stocks that are not SEC fully reporting like BWMG.

Cheers