Dewmar International BMC Inc (OTCMKTS:DEWM) shares were up 5.56% to $0.00190 on Friday and flat in after-hours trading. The company has a market cap of $4.97 million at 2.76 billion shares outstanding. Share prices have been trading in a 52-week range of $0.00 to $0.01.
Dewmar International BMC Inc is a brand management services company that is engaged in developing, acquiring and/or licensing new products and brands for launch or distribution in both national and international markets. Its brands include Lean Slow Motion Potion, C+Swiss Hemp Ice Tea, Canna Energy and Chillo.
The company’s flagship brand is Lean Slow Motion Potion, which is a relaxation-carbonated potion available in three flavors: Yella, Purp and Easta Pink. This product is distributed and sold in approximately 30 states and over three countries, as well as online, and has become one of the top 3 selling relaxation brands in US out of over 100 brands in the same market.
Meanwhile, C+Swiss Hemp Ice Tea is a hemp-based black tea infused with lemon juice and hemp seed extract. Dewmark International BMC Inc has signed a one year exclusive distribution agreement with its manufacturer, which makes the original and first hemp-based ice tea ever distributed in the United States and distributed in over 10 countries.
The company is headed by CEO Dr. Marco Moran who is a registered pharmacist and has engineered a number of successful product launches in the drinks industry over the years. This month, he announced that the company will be able to provide the second part of Hemp Report series originally released in March 2015. Apart from this, Dewmar International BMC Inc will also release its financial filings within the month.
Our executive staff has taken extensive action and spent many hours over the past several months interviewing a number of accounting firms that can assist us in getting our financial reporting completed swiftly, yet accurately so that we can become current as soon as possible,” Moran noted.
The turnout of these reports should have a significant impact on Dewmar International BMC Inc shares as soon as they’re out.
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