Brownies Marine Group Inc (PK) (BWMG) News

Yes. Picking up bargains here little by little.

Here is the link to 10Q it looks excellent and the company is making a profit!

I don't understand why the stock is trading so low. We need more eyes on this stock and a few promoters.

https://www.otcmarkets.com/filing/html?id=17989053&guid=F5Y-kqhAVXGaJth

10-Q looks VERY interesting gents. Net profit Q3.

Margin expansion of 11% compared to Q3Y23, cost of revenue is flat on increased volume, which also implies operating efficienies are improving which will drop down to the gross line over the coming quarters.

Growth in HEED3, which is also favorable from a mix perspective. We shall see..

It looks like they are back to their old games NO NEWS and LATE FILINGS! I thought they hired a new accounting firm in October to avoid this problem. We are trading in the toilets with all the other garbage.

The company needs to promote its business and stock. Shareholders are very dissatisfied!!!

We are close to a major bottom. Chart by myself.
https://x.com/edwardsibl91034/status/1846619940977365049/photo/1

You are right; there is another 82% drop in SP. No explanation on why they changed location?

GLTA.

Nice!

New location

https://mailchi.mp/7af3c4dcf525/weve-moved-visit-our-new-location-showroom-starting-october-1st?e=3517f5578c

Don’t bother. Car Michael just doesn’t give a shit

We are waiting patiently, and looking forward to updates.

Thanks for helping Wow $$

A very nice bio, I'm looking forward to some good news!

GLTA!!!

You have been saying that for 2 years. You don’t post jack.

Hi, I have a suggestion... Have you tried pamphlets for your dive tour. I am from Michigan and these still work wonders for some of our northern businesses. The pamphlets may start a bit slow but word of mouth travels fast. Also, a slot at rest area or visitor center may not be too expensive. Just a thought I had Mr. BWMG. Thanks.

Hey Troy. Hope you guys are all doing well. Thanks for hanging in there. We believed it was appropriate to get the queue completed before broadcasting any news. We’re happy with the way the team has come together in the midst of adversity. We’re working on Building a steady release of information to properly characterize the assets, values and challenges. I’m looking forward to publishing a summary of our status very soon. thank you to all the shareholders and supporters. Then anyone wants to learn a little bit more about me, have a look at www.rmcdive.com

Yes... I'm still here. The small profit for Q2 is like a breath of fresh air !
It's not much but certainly a step in the right direction. I need to go thru the 10-Q again but it also looks like the improved sales/earnings result was made without issuing additional shares. This is what I referred to a while back when I said this now a "show me" stock. In other words show me the numbers. 3 of the subsidiaries were down with the largest decline in sales posted by Guided Tours and Retail down 26.5%. I have owned and managed retail before and when sales are down the fixed operating expenses continue and can easily result in losses. The point is that when 3 of 5 subsidiaries are down in sales and the business can still show a profit management seems to be paying very close attention to the business.

When I bot my shares a while back I considered it as a lottery ticket, so I will continue to hold and see how this plays out. If the financial condition continues to improve we can expect a higher stock price. Buying stock at the current price is a big gamble but the % gain could change your zip code.

Are you still in this pos, Dickmilde. Unlike economike and other pumpers, you make good analysis

Traded with Charles Schwab.

I’m not real happy, that was my trade for 10,000 for market price. I was just checking to see if trading was open again. I never thought that the market price would be .0001.

I wonder how that happened? ROTFLMAO

No one is fooled

Time for a class action lawsuit against Wallstreet.

Yes I do, seen this BS too many times.
Only a MM/Broker-dealer or Canadian or UK snake could do that.
Pure illegal manipulation.

Going to wake up the dead Tuesday with a 99,990 % rally and set off all kinds of buyer radars. Then when they see the just reported a quarterly net profit, it may finally get interesting here.

Holy Cow BWMG actually made a profit this past quarter.

First time in 10 years? Second time I know of...., but I may have missed some?

https://www.otcmarkets.com/filing/html?id=17807923&guid=gqO-kWgmdiwOh3h

Can you believe a $1.00 trade took this stock down 98%.

OTC markets screwed us with an expert market tag, the day they were just one day late with the SEC 10-Q.

Nothing like screwing shareholders and small companies in a sharks den public market, when it was the SEC's fault they took so long to catch and kill one of the top auditing firms for fraud (kinda like how the SEC let Ernst and Young off the hook for missing the Enron scam even I saw coming years in advance..)

Borgers earlier this year, who was the auditor for about 500 NYSE and Nasdaq firms, and only 27 of the top OTC stocks (er OTC records) was the BWMG auditor, and they got sacked, executed by the SEC earlier this year, which meant that BWMG had to scramble to find a new accounting / auditing firm.

Today's paint job way under was an MM, shark tank manipulation event, while non of us could place bids today, even thought the 10-Q was filed today, in a deliberate attempt to steal retail shares. Crime pays for the Bog Wallstreet boys, it seems

Here is the 10-Q, but OTC has not yet removed the Expert Market shit tag on BWMG yet.

https://www.otcmarkets.com/filing/html?id=17807923&guid=gqO-kWgmdiwOh3h

Oh, and by the way, OTC Markets has a back door leak the SEC should investigate and close, to the OTC Markets own Market Maker, broker-dealer-quote system, that has a serious, unethical incestual relationship with OTC Markets group that owns the OTC-Link broker dealer quote system that controls what stocks trade, and have current status.

Folks will need to call brokers Tuesday morning, or as soon as OTC Markets changes BWMG back to Current, tradeable status, to pound the tables to force the brokers over the phone to update their systems and force your bid orders back into the systems.

What happened here? Did someone take this down after the 10Q? We should be going up, not down. We also should be trading again after the filing.

All these questions of what’s actually going on but not a peep from team Carmichael. I was always taught to not say anything if I didn’t have anything good to say…well I guess I’m going silent then

I understand and fully agree. My fear is that they will file bankruptcy and some big company will come in and buy up the patents and the brand and then go to Chinese to save a buck. It does suck because the nomad and almost all of their products are so dam good.

Same thing happened last quarter because they can’t get a damn report out on time. When they file they will start trading again. If it weren’t for the poor capital structure, which I warned Robert about, we would have been bought out. But, way too many shares outstanding. Back when geodan was still invested here we had 50 mil in shares out. Then the company sold a crapload of shares way too cheap and screwed us all. Again, best product that has come out in years but don’t know a thing about capital structure.

So as far as I can tell, trading has been halted. This is not a good sign.

What up news for us please!

I had the same thing happened, does anyone know if you can sell? On a separate note, I have for these units and absolutely love them.

Does anyone live near their office in Florida, maybe someone can stop by their office and see what is going on with them. They are being way too quiet.

Has anyone heard from management?

Not looking good at all here anymore. Sad cuz it definitely looked like things were all heading in a great direction, then poof. SMH

Z

I see we are back to no bids again. Had my buy cancelled by Schwab yesterday. Best product in the world and yet…….

T

Another late filing.

He’s still at it. Must really need his Starbucks coffee.

It is most likely a market order instead of a limit order, I wish I had a bid on that lot.

Someone sold 163.8k at .0012
If you ever feel stupid, remember this person.

Management needs to spark some interest in this company.

My LII must be broken

Bid .0012
Ask .01

Z

Outstanding works still need more Volume Thanks fans BWMG let's make it move!!!,Up Up!!!

Got us started with just 101 shares first thing this morning with help from another BWMG fan

Thanks for the info BronAgain great post just need a great deal of Volume now from investors for stock to climb up O.10;would be real nice for a start!!!!

Good news they have filed their 10Q today they should be trading again on the OTC. Their better quarters are coming up, and the second and third quarters are generally better. They do need cash, hopefully they can get the cash they need to keep the business going. Maybe we can get some better news in the coming weeks. GLTA!!!

Correct once again

Somebody sure dropped the ball. Geodan still post here and/own stock yet? Would like to hear his thoughts now.

T

It looks like this stock is not trading???

https://www.otcmarkets.com/stock/BWMG/quote

Warning! This security is traded on the Expert Market

The Expert Market® serves broker-dealer pricing and investor best execution needs. Quotations in Expert Market securities are restricted from public viewing. OTC Markets Group may designate securities for quoting on the Expert Market when it is not able to confirm that the company is making current information publicly available under SEC Rule 15c2-11, or when the security is otherwise restricted from public quoting.

You would hope so. Not sure what the issue is. TCOR stopped reporting numbers so they were put on list. They are doing great as I suspect bwmg is. Have we stopped reporting?

T

Same here . Couldn’t place a buy order with Schwab today. Bought some earlier this week but can’t today. Maybe this will force BWMG to do what they need to do in order to get this straight.

I had an order in for quite some time that filled. I put another in yesterday and saw it was cancelled this morning. Thought I used day limit. So put in same order but made sure gtc. Rejected. Schwab won’t let me put in order because of that stupid SEC rule. I’ve got a couple others that I can’t add to because of that. TCOR is one. This is going to be a shitshow if we can’t buy. Thoughts?

T