Dewmar International BMC Inc (OTCMKTS:DEWM) Turns Into A Big Winner

In our last review of Dewmar International BMC Inc (OTCMKTS: DEWM), we indicated that the stock had just started to show signs of a breakout. On, May 16, 2017, the stock made a very sharp intraday move to the upside of $.0061 on very strong volume. It was then followed by a few days of consolidation, after which the stock has been on another strong upward run. The announcement on June 22, 2017 that OTC Markets had accepted the Company’s Financial Disclosure Statements and listed it as Pink Current caused the stock price to trade to a high of $.0084 over the following 2 days. The stock is currently trading at $.0077.

For those that are not familiar with the company, Dewmar International BMC, Inc. is a diversified operating company headquartered in Clinton, Mississippi with additional office locations in New Orleans, Louisiana; Houston, Texas and Denver, Colorado. The Company conducts business across a variegated set of categories and sectors including consumer goods, wholesale trade, pharmaceuticals and health sciences. The company and its subsidiaries develops, markets, and distributes goods, therapeutics and a host of professional services across national and international markets through licensing agreements, distribution contracts, fee-for-service arrangements and e-commerce platforms.Over a two week period preceding the OTC Financial Disclosure Statements announcement, Dewmar had filed with OTC Markets, annual financial reports from 2014 to 2016 and Q1 2017. Notable highlights form the financial statements include no new convertible debt financing since 2013, business expansion into the healthcare market grew 2014 annual revenue to over $4,000,000, sustained annual revenue over $3.3 million in 2015, and annual revenue to $630,000 for 2016. As of March 31, 2017, Dewmar International has $3.8 million in assets on its Balance Sheet, not including its market cap which is currently reported at $18.68 million, on 2.43 million shares outstanding as of June 23, 2017. Founder & CEO, Dr. Marco Moran stated:

"I'm extremely proud of the work that we have done over the past few years to eliminate all toxic funding from our balance sheet, grow the company's revenue base by successfully expanding into new markets and reinvesting profits into the business -- primarily within the healthcare sector -- that should lead to sustainable long-term growth"

Also noted in our last review of Dewmar International was the distribution agreement with Walmart. The affiliation with Walmart has resulted in an invitation by Walmart to participate in The Shops at ESSENCE during the 2017 Essence Music Festival that takes places in New Orleans, LA. The Shops at ESSENCE Marketplace exhibit is a "Festival within the Festival" dedicated to showcasing companies like Dewmar to maximize brand awareness as part of Walmart's Supplier Inclusion Program. Last year's event had approximately 400,000 attendees. Dr. Marco Moran, Dewmar CEO and Founder commented:

"We are excited to be personally invited to this high sales driven event to both increase our revenues from retail sales and to bring brand awareness to hundreds of thousands of potential new customers. I feel that all of the hard work has paid off by earning the trust of Walmart to share this event with them because of the tens of thousands of vendors, we were one of the few up and coming national suppliers asked to share this most popular part of the convention center with them."

In an altogether different project initiated by Dewmar International BMC Inc on Jun 23, 2017, the Company signed a licensing agreement with KW Brands, LLC of Louisiana for the purpose of operating Willie's Duck Diner, a registered trademark of KW Brands, LLC which is owned by Willie Robertson, the CEO of Duck Commander and star of A&E's "Duck Dynasty." It has been purported that Willie's Duck Diner has grossed over $2 million in annual revenues in prior years of operations as it sits in a major restaurant hub right off Interstate 20 in West Monroe, LA. The Company believes that with proper planning and implementation, the past numbers can be greatly exceeded.The notion that Dewmar International BMC Inc is marketing its products to the masses via the Walmart retail network puts the Company in a whole new category. Hence forth, revenues should increase, bringing an increase in shareholder value.We expect, as a result up profit taking by short-term traders, a price dip consolidation in the DEWM stock to take place following such an abrupt upward move. The savvy trader will see this dip as an opportunity to enter. Insider Financial has been covering this name since last January. So far, we’ve been right on the money with DEWM. We will be updating our subscribers as soon as we know more. For the latest updates on DEWM, sign up below!Image courtesy of FlickrDisclosure: We have no position in DEWM and have not been compensated for this article.