Platinum Alert: BWMG |
We meet again Platinum Members! Once more we are bringing you this underground e-mail alert without alerting free members. This alert is a very special one for this week’s trading. The company is BWMG (Brownie’s Marine Group Inc) and we expect things to get very interesting going through the week. The stock closed up 33.33% today on over 19 million volume but has managed to still lay further under the radar than one would expect. It is likely that excitement will build here, as more interested investors take notice of the seeming price reversal that has come to their charting pattern. First things first, BWMG is not the most outspoken of companies. In saying this, we mean that while they have stayed up to date on all of their public filing of current and quarterly reports, their last two full on press release announcements were made on October 25th and July 23rd. While this could seemingly be a bad thing and perhaps a suggested reasoning for the struggles of the stock as of late, we feel that it bodes well that the stock continues to hold a strong core group of followers that make their presence known through social media, even during times when the company is silent. The reason for this comes in the realization that if/when big news is released from the company, we will likely see far more significant interest due to the core group that already holds shares being met with a new batch of investors that recognize the excitement from those that were involved before situations surrounding the company became livelier. As we stated earlier, BWMG has remained current in its reporting of financial filings and because of this trades on the elevated OTCNULL exchange, suggesting that they may be a bit more forthright with their practices than many on the lower pink sheet exchanges may be. One should also take note of the stock having a relatively stable share structure. As of the last official count, which is easily obtainable on otcmarkets.com, it can be seen that there are only 263,327,953 shares in the float. This allows for there to not be a crushing amount of potential selling pressure at the ask, though the Authorized shares have ballooned quite a bit over time, they should not affect anything in terms of trading this week. This is a description of the company as told by otcmarkets.com: “Brownie's Marine Group, Inc. and its wholly owned subsidiary, Trebor Industries, Inc., Brownie's Third Lung, based in Fort Lauderdale, Florida designs, tests, manufactures and distributes recreational hookah diving, yacht based scuba air compressor and Nitrox Generation Systems, and scuba and water safety products. The Company sells its products both on a wholesale and retail basis and is comprised of three highly specialized dive product groups. The Company is an industry leading manufacturing and distribution company that serves middle income boat owners, higher income yacht owners, recreational divers, military operators and public safety personnel. The Company holds more than ten patents and enjoys a robust product development and intellectual property program that has yielded several proprietary products. Many of these products and innovations have become the standard for the marine industry. The Company is known for its meticulous devotion to detail, high quality production and design ingenuity. In the boating and diving community, Brownies is known as the market leader when it comes to surface supplied Third Lung dive systems and Scuba Tankfill Systems for yacht-based diving. Brownies products and support service divers at all levels of the underwater world, from shallow-water dive systems to deep-water mixed gas support systems for exploration divers and submariners.†With all that we’ve compiled here, we believe that the excitement for this company is building up in a major way, even though it has managed to lurk in the shadows of the penny stock exchange, as it slipped out of many investors’ thoughts, due to a lack of news. With excitement alone, we believe that there will be increased movement from here, if news comes into the mix this week as well, there is no telling where this can go. Keep a very close eye out for BWMG. This is a special one. Good Luck out there Dream Team! ~Penny Stock Dream |
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