Replies to post #196158 on Dewmar International BMC Inc (DEWM)

[Det_Robert_Thorne]

Restaurants low margin. Marijuana is consulting only.

That $ was invested in the Restaurant and Medical MMJ, it will pay off. :)

The restaurant business is historically low margin, with annual profits of 1.8 - 3%, per the article I posted last night, but let's be generous and give DEWM 5%.

That means that on $1M of annual revenue, DEWM gets $50K in annual profits. With 2.8B shares outstanding, that's an additional $0.000018/share in profits.

As to the money spent on marijuana, in both LA and AK, DEWM has said it was a consultant, and we have no idea of what the company will make if its clients win the contracts, i.e., whether or not it is a one-time payment or a commission based on a percentage of revenues if the client wins.

Dewm apparently lost in LA, so now we're waiting on AKI.