Dewmar International BMC Inc (OTCMKTS:DEWM) is heating up big time and moving up in sub penny land on accelerating volume as excitement builds concerning a HEMP update in which management said they there will also be announcement this week on Hemp, Inc.’s joint venture with DEWM on the launch of the new Kush Cakes, now made with hemp flour.
When a stock like DEWM heats up investors pay attention; this one made a spectacular run last year from $0.0001 to highs of $0.0334.
Dewmar International BMC Inc (OTCMKTS:DEWM) is a brand management services company that specializes in developing, acquiring and/or licensing new products and brands for successful launch or distribution in both national and international markets.
DEWM flagship brand is Lean Slow Motion Potion; a premium carbonated soda made with pharmaceutical grade herbs and syrup-based flavors that comes in Yella, Purp and Easta Pink. The brand has quickly become one of the top 3 selling relaxation brands in US out of over 100 brands currently on the market.
Since inception Lean Slow Motion Potion has grossed well over $5 million and has been distributed and sold in 28 states and 3 countries, with successful continuous online sales.
DEWM recently announced the acquisition of U.S. Hemp Corporation as a wholly-owned subsidiary for the purpose of holding and marketing the future hemp related assets of the Company.
Dewmar also signed a one year exclusive distribution agreement with C+Swiss, the original and first hemp-based ice tea ever distributed in the United States and distributed in over 10 countries.
According to a HEMP press release from April 6, there will also be announcement this week on Hemp, Inc.’s joint venture with DEWM on the launch of the new Kush Cakes, now made with hemp flour.
In an email to shareholders DEWM said the King of Pot, Bruce Perlowin, has been announced as the official endorser for the upcoming launch of Kush Cakes.Bruce has a long history in the cannabis industry and gained celebrity status when he was featured as the ‘King of Pot’ by CNBC in its record breaking documentary, Marijuana Inc.
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Recently DEWM has signed an exclusive license agreement with CannaLife for national distribution into Walmart and Sam’s Club stores to introduce its three all-natural flavors of hemp energy drinks. They signed an exclusive license agreement with Chill Drinks for national distribution into Walmart and Sam’s Club stores to introduce its line of hemp-infused teas and energy drinks.
DEWM CEO Dr. Marco Moran is a serious mover and shaker and taking this young Company places fast. Dr Moran, who is a registered pharmacist, has been operating in the drinks business for years with a number of successful product launches. Dr. Moran holds graduate degrees in Business Administration and Pharmaceutical Science from the University of Louisiana at Monroe and he is also a former U.S. Naval Officer and a former US. Olympian.
Dr. Moran showed shareholders what he is made as the very 1st thing he addresses in his letter is DEWM out of control share structure with 2,396,163,513 shares issued and outstanding. He said ”the Company successfully managed through a series of ‘toxic’ financing facilities. The Company has no new or outstanding toxic financing facilities.
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Toxic financing hurt this one in the past but with no new shares currently coming into the market DEWM is seeing a massive resurgence. Currently trading at a $9.4 million market valuation DEWM has minimal cash or revenues and growing short term debt. But this is an exciting story developing in sub penny land; HEMP’s press release on April 6 hints of big news later in the week. DEWM has been very successful in attracting a loyal shareholder base who believes this one goes much higher. We will be updating on DEWM when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with DEWM.
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Disclosure: we hold no position in DEWM either long or short and we have not been compensated for this article.