Replies to post #203870 on Dewmar International BMC Inc (DEWM)

[Det_Robert_Thorne]

Yes, because Moran promoted it heavily

Yes, the closing of the Duck Diner is worth a sticky because a year ago, DEWM's CEO Moran was promoting the licensing agreement and talking about potential annual revenues of $1.2M to $4M.

For full year 2018, Dewmar International projects revenue of almost $5 million. According to the economic development coordinator for the City of West Monroe, the industry averages for restaurants the size of Willie's Duck Diner within the "restaurant row" corridor just off the Monroe area Interstate 20 is approximately $4 million annually.

http://www.marketwired.com/press-release/dewmar-international-reports-24-sequential-revenue-growth-projects-almost-5-million-otc-pink-dewm-2230897.htm

Dewmar International, a publicly traded company, was hand-picked by Willie Robertson to be the exclusive licensing and operating partner for the diner. Dewmar International recognizes 100% of all revenues generated from gross sales of the diner. Dewmar expects to recognize over $1.2 million in revenue for the diner within the first year of operations.

http://www.marketwired.com/press-release/monthly-revenue-growth-willies-duck-diner-allows-dewmar-international-bmc-inc-dewm-pledge-otc-pink-dewm-2239227.htm