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Brownies Marine Group Inc (QB)

Brownies Marine Group Inc (QB) (BWMG)

0.0123
0.00
(0.00%)
Closed April 28 4:00PM

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Key stats and details

Current Price
0.0123
Bid
0.0076
Ask
0.0189
Volume
15,111
0.0123 Day's Range 0.015275
0.005 52 Week Range 0.0257
Market Cap
Previous Close
0.0123
Open
0.015275
Last Trade
10000
@
0.0123
Last Trade Time
Financial Volume
$ 201
VWAP
0.013306
Average Volume (3m)
51,221
Shares Outstanding
439,211,134
Dividend Yield
-
PE Ratio
-2.33
Earnings Per Share (EPS)
-0
Revenue
8.58M
Net Profit
-1.89M

About Brownies Marine Group Inc (QB)

Sector
Sporting & Athletic Gds, Nec
Industry
Sporting & Athletic Gds, Nec
Headquarters
Pompano Beach, Florida, USA
Founded
1970
Brownies Marine Group Inc (QB) is listed in the Sporting & Athletic Gds sector of the OTCMarkets with ticker BWMG. The last closing price for Brownies Marine (QB) was $0.01. Over the last year, Brownies Marine (QB) shares have traded in a share price range of $ 0.005 to $ 0.0257.

Brownies Marine (QB) currently has 439,211,134 shares outstanding. The market capitalization of Brownies Marine (QB) is $4.39 million. Brownies Marine (QB) has a price to earnings ratio (PE ratio) of -2.33.

BWMG Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.000433.622577927550.011870.01580.011871069010.01258457CS
4-0.00024-1.913875598090.012540.01580.005613320.01049237CS
12-0.0039-24.07407407410.01620.01620.005512210.01172605CS
260.0012511.31221719460.011050.01650.005479970.01177731CS
52-0.0099-44.59459459460.02220.02570.005607690.01291712CS
156-0.0529-81.13496932520.06520.0710.005949420.03518437CS
260-0.0009-6.818181818180.01320.0870.00181373660.03791678CS

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BWMG Discussion

View Posts
EL Sueno EL Sueno 1 week ago
Thanks fans great Up Up!!
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BornAgain BornAgain 1 week ago
Nice, to see it up a bit today, It would be even nicer if we got a positive ER or PR from the company soon. GLTA!!!
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TCarlson TCarlson 2 weeks ago
I use to praise BWMG for filing on time. Seems that goal has gone wayside over the years and here we sit waiting for the 10k to drop even after the extension. Anything going on over there on the east coast? Remember us the investors?
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BornAgain BornAgain 2 weeks ago
Got a little nervous when I saw the drop to .005. I hope we can get something to get this back above the sub-penny level. The company has great products just needs the world to know about them. Maybe the 10K will shed some more light on the company's progress. The stock price is looking very dismal here.

GLTA!!! We need something more at this level.
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bman bman 2 weeks ago
I would expect it by sometime Monday. JMO
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TCarlson TCarlson 2 weeks ago
10K still hasn’t dropped?
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EL Sueno EL Sueno 2 weeks ago
Thank you fans Wow???
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EL Sueno EL Sueno 3 weeks ago
Let's go fans up up up!!
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EL Sueno EL Sueno 1 month ago
Thanks no more ups???
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EL Sueno EL Sueno 1 month ago
Thought I would help again
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EL Sueno EL Sueno 1 month ago
BWMG HELP!!!!
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EL Sueno EL Sueno 1 month ago
Wow what's up 02 03 ,08
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EL Sueno EL Sueno 1 month ago
Wow tried no up haps!!!
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EL Sueno EL Sueno 2 months ago
170k No ups what's up???
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bman bman 2 months ago
That a strong position of ownership. You know he must be a believer. Hopefully, we have some strong news on the horizon.
BWMG!!!!!!!!!
👍️ 1 💯 1
Ecomike Ecomike 2 months ago
That could be inventory, aka assets they can sell and make profit off of. The lender owns something like 60% of the OS, as I recall, and is thus
lending himself money.
🤡 1
BornAgain BornAgain 2 months ago
That loan could be the help they need to become cash-positive, the company has great products! Obviously, the Lender who is a director and large shareholder believes in the company to lend them the money. Hopefully, they can do something positive with the cash.
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EL Sueno EL Sueno 2 months ago
Let's go BWMG higher,!!!!
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EL Sueno EL Sueno 2 months ago
Doing my share let's get up
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TooFrank TooFrank 2 months ago
On February 8, 2024, BROWNIES MARINE GROUP, INC., a Florida corporation (the β€œBorrower”), promises to pay to the order of Charles F. Hyatt (the β€œLender”), the principal amount of TWO HUNDRED EIGHTY THOUSAND AND NO/100THS DOLLARS ($280,000.00)

Definitely not cash flow positive yet.

PAYMENT SCHEDULE

3/8/2024 $ 2,310.00
4/8/2024 $ 2,310.00
5/8/2024 $ 2,310.00
6/8/2024 $ 2,310.00
7/8/2024 $ 2,310.00
8/8/2024 $ 282,310.00

https://www.otcmarkets.com/filing/html?id=17262572&guid=8dd-keHwt05eJth
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boo boo boo boo 3 months ago
Nomad Mini
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BornAgain BornAgain 3 months ago
EXCELLENT VIDEO!!! A very nice product should do very well in DUBAI and other cities on the coastal waters! This could be a game-changer for this company!!! Let the marketing begin, a very nice product.
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bwmg bwmg 3 months ago
Southern Living Magazine featuring Lauderdale-By-The-Sea is on newsstands!

Here is the online link: https://www.southernliving.com/lauderdale-by-the-sea-florida-7567285

It includes a nice mention of Gold Coast Scuba and Blu3!
🤡 1
bwmg bwmg 3 months ago
https://sea-nxt-americas.com/product/seanxt-elite/
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BornAgain BornAgain 3 months ago
I agree we just need some more eyes on this and a good PR, and a few large investors involved here. GLTA!!!
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Ecomike Ecomike 3 months ago
This stock belongs over a dime.
👍️ 1 💩 1 💯 1 🤡 1 🫡 1
bman bman 3 months ago
A little upward movement today.
BWMG!!!!!
👍️ 1 💣️ 1 💯 1 😍 1 ☝️ 1
TCarlson TCarlson 3 months ago
Happy New Year everyone!

Wow declining share price. Anyone hear anything lately besides the right to sell a scooter? Seems pretty quiet
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Ecomike Ecomike 3 months ago
I was wondering how long it would take folks here to find that major BWMG news:

BLU3
Brownie-s-Marine-Group-s-Subsidiary-BLU3-Becomes-Exclusive-Distributor-of-SeaNXT-Elite-Underwater-Scooter
Exclusive Distributor of SeaNXT Elite Underwater Scooter
http://www.globenewswire.com/news-release/2024/01/11/2808276/0/en/Brownie-s-Marine-Group-s-Subsidiary-BLU3-Becomes-Exclusive-Distributor-of-SeaNXT-Elite-Underwater-Scooter.html
👍️ 1 🤡 1 🤮 1
boo boo boo boo 3 months ago
BLU3

Exclusive Distributor of SeaNXT Elite Underwater Scooter
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EL Sueno EL Sueno 4 months ago
Did my share help up 0.08
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Ecomike Ecomike 4 months ago
$BWMG woke up Friday. Huge ask slap rally, and some one made sure all the BWMG shares are now on the ask at the highest price the brokers allow, as a result the shares have gone from ETB Easy to borrow, to HTB hard to borrow, and now this:

https://finance.yahoo.com/news/us-stock-short-sellers-down-223938523.html

US stock short sellers down $145 billion in 2023 - Ortex
A late-year surge in stocks is exacerbating the pain of short-sellers, who are on track for their worst collective annual loss since 2020, according to data and analytics company Ortex. Short sellers - who aim to profit by selling borrowed shares and buying them back later at a lower price - are down over $145 billion for the year, according to...
👍️ 2 🚀 2 🤡 1 🤮 1
bman bman 4 months ago
It will be interesting to see what happens this week.
👍️ 1
bman bman 4 months ago
Nice bounce today.
👍️ 2
bman bman 5 months ago
Nice post.
BWMG!!!
👍️ 1
megazoo megazoo 5 months ago
CEO should be answering your question here, but apparently he is goofing up somewhere.

The number of boats between Covid 19 and now is around-1.5 million. But there has been lots of international growth, especially in Asia. Anyway, for a company making 2 million per q, it hardly matters if boat TAM is 10 million or 12 million. Besides, scuba activity is exploding worldwide.
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dickmilde dickmilde 5 months ago
US Boat Sales Set To Sink To Decade Low
https://www.zerohedge.com/markets/us-boat-sales-set-sink-decade-low

I'm sure there is a correlation and that sales for Brownie's are following a similar trend.
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gregorygrc gregorygrc 5 months ago
Thanks for the analysis!
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Ruffy Capital Ruffy Capital 5 months ago
There's a need to get BLU3 over the recall and sales momentum back in the right direction. If I do the napkin math on the 10Q, there's a 98K net loss for the quarter, had BLU3 hit the comparable run rate for the quarter there would have been a +160K net contribution which would have been a positive net income for the quarter.

I've been a shareholder for almost 6 years and have watched the company curiously, but this is the first time I see a concrete path to profitability in the financials.
👍️ 2 😍 1
bman bman 5 months ago
Looked at 10Q. Looks like we're getting closer to profitability. Someone picked up 100k at the ask just before the bell.

BWMG!!!
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EL Sueno EL Sueno 5 months ago
Ecomike thanks been in awhile
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Ecomike Ecomike 5 months ago
I am in One stock (recently) that raised 5.6 Million dollars in an S-1 at $4/share in an uplist to Nasdaq that 3 months later is trading
at around .33/share. There are many bargains, But BWMG has more revenue, the other is part Biotech...

I own way more shares here, been accumulating BWMG since 2014

10-Q came out today folks.

The low volume, is a lack of interest in selling. Insiders, Founders, Father and son, own about 70% of the OS, all restricted shares.

Scams are going for premium in OTC right now, so liquidity is returning.
💩 1 🤡 1
tsoprano-1 tsoprano-1 5 months ago
I've often told people about the great products but lackluster stock price/trading of bwmg. As an example of a company with literally nothing trading higher than us, take a look at mrdh. Nothing going on for years and still trading higher than here. Ridiculous. I am bidding here and have recently bought. Trying to bring average down can not see how we don't trade higher eventually. I wish seller would put out actual amount he is selling and what price he wants. Then we can bid from there. This dribbling of little amounts here and there doesn't give me any urgency. So I will just sit and low ball awhile.

T
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tsoprano-1 tsoprano-1 5 months ago
Z, in regard to the 10k trade that left the bid still at 10k, it simply went to a different MM. one that might not even of had a similar bid. To keep flow from selling institutions coming to them they will often take stock that they don't have a buyer for. They may see an opportunity to off load at ask if stock trades well. They figure they can hit the actual bid if they want. But continuity of flow is big to a MM.
As to the short, I doubt anyone is stupid enough to do it down here. I don't know anything about previous CEO but if he had restricted stock he could short against the box. I get a chuckle how companies do secondarys and say the stock is locked up for X months. First off, half the investors buying it at what is normally a nicely reduced price, will either sell stock they have or short stock,thus covering with offering stock. So let that be another instance where the street always gets around the flaccid SEC rules. Rules for thee, not for me.

T
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megazoo megazoo 6 months ago
Again, these guys are late with 10 q
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EL Sueno EL Sueno 6 months ago
Doing my part lets go 0.10 Fans
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bwmgftw bwmgftw 6 months ago
For the long term view, I like to accumulate a position at .2c or lower. I am just watching the monthly chart. It would be nice to see a close above 1.6cents. If I was rich I would try and buy a bunch to start bull reversal candles on yearly and quarterly charts.
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jimr1717 jimr1717 6 months ago
Incorrect and Noted
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Ecomike Ecomike 6 months ago
You sound like the obvious one that is short and trying to pretend there is no devil, never was a devil, and that your short position of at least 1.2 mil shares does not exist, or you would not be the only barking up the wrong tree here making so much noise? Either that or you blind in one eye and can not see out the other?



Fact: 1.2 Million shares were borrowed to hide them from the FINRA end of month short interest data collection today.

https://fintel.io/ss/us/bwmg Is the official source for the Finra data.

You can bark all you want, just helps raise the post count here and get more eyes and buyers on the stock, and raise the question of why thou art protesting so much about the truth?

So Bark all you want. You were in diapers when I was started trading stocks. Have a nice day.

Oh, and the Ex-CEO is still a director, and thus not allowed to sell with out filing a Form 4. So enough of that BS story.

Naked shorts are a well known, common problem. Theft Street pays the elected officials to hide the evidence and bodies. Don't Forget Enron, Bernie Madoff who ran Nasdaq before building his multi Billion dollar Ponzi scheme that the SEC refused to their jobs to expose them both. And the biggest scam of them all CDO's by Lehman's Brothers that printed trillions of dollars of vapor wear phantom scam packaged mortgages..
🤡 1
ZNSTATED ZNSTATED 6 months ago
Lmfao, see your a$$wipe comment along with your the guy who got the stock to 8.8 cents is what makes you full of yourself.

So the way I see it is your naked short fantasy is just that a fantasy. Where's the volume, where's the report/s showing massive amounts of naked short volume for this stock. And shorts having to cover. Sure you showed a website showing the amount of naked shorts available, but that didn't show they were purchased and the volume definitely showed they weren't bought.

You can put whatever new rule or whatever the SEC or whoever puts out there, but just like the rule years ago that said MMs have to show accurate bid and ask amounts. Just this last week someone hit the ask for 10k, the ask was 10k, guess what the ask still showed 10k at that price. So that rule isn't enforced.

Clearly our little tift caused charmichael to put out news release about BWMG. But wow the volume was nada after that PR.

Again I've been here for a long time and I'd like nothing more than to see this company succeed as i have my hard earned money invested here too and I believe in this company. But throwing short comments with no actual proof is a disservice to the peeps invested in this stock.

Act like a child and sling the name calling to me or any one who disagrees with you if it makes you feel better, but if you're being true to the board then bring the facts that pertain to this stock, not some bs SEC rule that most of the time is just window dressing especially in the low volume otc stock we are.

Again just my opine, but working together instead of this stupid banter crap would serve the stock and the board better.

So yeah, I've not only done the research, but I also have been around the OTCs for a long time, but I'm also open to learning or seeing new things.

Z



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