Replies to post #7399 on Brownie's Marine Group Inc (BWMG)

[Syphr]

Employees own nearly half of that and it's restricted until 2014. Everyone goes through hard times.

BWMG!!!

[Trth4Sail]

This may help ;-)

Effective February 23, 2013 (the “Effective Date”), the Company issued an aggregate of 1,260,000,000 shares of one-year restricted common stock to 14 consultants and service providers, and to one Director in satisfaction of $378,000 of bonus payments for services performed during year ended December 31, 2012. The shares were valued at $0.0003 per share, which equals the closing price of the Company’s common stock on February 22, 2013 as reported on the OTCBB.

8K

Combine this with the 471,885,799 Shares held by the CEO and Director and it totals 1,731,885,799!

I take these shares and put them aside since they are either a)restricted or b)held by insiders at the top of the chain! The remaining 300 million or so left may or may not hit the float, but we are at .0005 so PLENTY of room to RUN!

$BWMG

[DD-214]

Should be 3 billion within 2 weeks, latest conversions were at less than .00013 per share..

Read the RED highlighted items..

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86272734

BWMG