Replies to post #105044 on Value Microcaps Motherboard

[Penny Lane]

BWMG, from the Q-1 filing:

Net revenues. For the three months ended March 31, 2008, we had net revenues of $1,194,801 as compared to net revenues of $879,257 for the three months ended March 31, 2007, an increase of $315,544, or 35.89%. The increase is primarily a result of three large custom tankfill projects in process at March 31, 2008 that contributed approximately $439,000 to revenue for the period. This increase was partially offset by a slight decline in low pressure hookah system sales of approximately $10,000, and a decrease in other high pressure tankfill sales of approximately $100,000.

[bbotcs]

PennyLane: MWMG

Thanks for sharing what is a true VM. If you follow this company, here's a question. Is the wild card the expansion into Dubai? Are you anticipating a jump in revenues from the Mid-East. U have to ask whether there is a customer base in China, too.

As the rich get richer, this could be a very interesting (and profitable) stock to own. A boys-and-their-toys stock!

[Knowledge is King]

Great call on BWMG; Q2 $.13 vs $.08


revenues $1.7M vs $900K

[bbotcs]

PennyLane: BWMG.ob

Your sleeper stock stayed asleep. Here is something that popped out at me from the recent 10Q:

"For the three months ended June 30, 2008, we had cost of net revenues of $934,137 as compared with cost of net revenues of $576,423 for the three months ended June 30, 2007, an increase of $357,714, or 62.06%. The increase was primarily to support the increase in sales volume the three months ended June 30, 2008 as compared to same period in 2007."

That kind of statement irritates me. Exactly what do they mean
by "support". Were there increased commissions for the sales force? Increased shipping costs for the finished product? What?

Plus they aren't looking for big orders for the rest of 2008.
I don't own this stock. If orders from Dubai started to roll in, I might consider buying some.

For the time being, I'll stick with AYSI which has more business than it can handle. BWMG probably has potential, but right now it is dead money, imo.

Good luck and thanks for pointing it out.