Replies to post #16286 on Brownie's Marine Group Inc (BWMG)

[BornAgain]

I like the 1st paragraph of that update sounds like CEO is really ready for some serious business...

Selected financial highlights include:

Reported revenues for the six months ended June 30, 2020 of $1,955,317 an increase of 40.5% over the same period in 2019. The revenue growth can be partially attributed to the rollout of our revolutionary Nemo personal tankless diving system. “We believe the BLU3 Nemo technology has initiated a revolution in the tankless dive industry, the impact and potential of this product and the subsequent design iterations from BLU3 on our Company and the industry will be substantial.“ says Robert Carmichael, CEO of BWMG.The Q2-2020 revenue also includes revenue from the BLU3 Vent project. The company was named a Top 5 Finalist in the U.S. Department of Defense (DoD) Vulcan “Hack-a-Ventilator Challenge.” In March 2020, the DoD announced the Vulcan Hack-a-Vent Challenge to address the projected ventilator shortage as a result of the Covid-19 global pandemic. This project is currently awaiting FDA approval of an Emergency Use Authorization to put these portable ventilators, using the company’s proprietary technology, into production, if needed. Revenue related to the BLU3 Vent project was approximately 23% of overall revenue for the period.