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Monday, January 18, 2021

Penny Stock Dewmar International BMC Inc (OTCMKTS:DEWM) Rips Towards New Highs

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Dewmar International BMC Inc (OTCMKTS:DEWM) is a penny stock that has become one of the more powerful bull stories on the OTC over the past two months. DEWM has been on fire, ripping from deep sub-penny levels to well into the penny ranks (some 750%). The company recently pivoted into the MMJ space and has just moved toward a very robust operational strategy.

To wit, as we have noted: the company just announced that it has entered into an agreement with Smart RX Systems, Inc. to sell and market its Smart PharmAssist Kiosk. “Per the agreement, Health & Wellness Research Consortium (“HWRC”), a fully owned subsidiary of Dewmar International, sold its Texas-based Dimension Pharmacy in exchange for some cash and limited exclusive rights to sale and distribute Smart Rx kiosks in specified geographical territories and shared vertical markets. Additionally, Smart Rx has agreed to provide HWRC’s Clinton Wellness Center in Clinton, MS with a high profit margin program and pharmaceutical products for intravenous (IV) weight loss and intravenous (IV) rejuvenation.”

Dewmar International BMC Inc (OTCMKTS:DEWM) trumpets itself as a diversified operating company headquartered in Clinton, MS with additional offices in New Orleans, LA; Denver, CO and Houston, TX.

The Company has business lines in consumer goods, healthcare and content media. The Company and its subsidiaries develop, market and distribute goods, therapeutics and services in national and international markets through licensing agreements, e-commerce platforms, fee-for-service arrangements and distribution contracts. The Company’s largest retail customer is Wal-Mart Stores, Inc.

According to company materials, “Dewmar International BMC, Inc. is a U.S. based new product development, manufacturing and brand management company. Established in 2003, Dewmar’s primary business strategy has been in creating high profit margins with functional foods and beverages, as well as introducing new simple yet meaningful innovations to markets of great demand. The Company’s flagship product, Lean Slow Motion Potion, whose flavors include Yella, Purp and Easta Pink, is rated as one of the top 3 national selling relaxation beverages in the U.S. market. The company has offices in Clinton, MS; Houston, TX: Denver, CO and New Orleans, LA.”

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As noted above, the company just announced that that it has entered into an agreement with Smart RX Systems, Inc. to sell and market its Smart PharmAssist Kiosk.

The Smart PharmAssistTM pharmacy kiosk is the most efficient, self-dispensing tele-pharmacy kiosk in the market today that allows hospitals, clinics, pharmacies and employers with over 1,000 employees to efficiently dispense medication at a fraction of the cost of traditional pharmacy overhead.

“Our recent collaborations illustrate our efforts to work with organizations worldwide to help make our commitment to sustainable innovative technology a reality,” stated Mr. Sandeep Mathow, Founder & CEO of Smart RX. “Working with Dewmar and their many healthcare affiliates will help us accelerate speed-to-market in critical geographies here in the U.S.,” he continued.

Dr. Marco Moran, CEO of Dewmar International, stated, “We are excited to be introducing this ‘game-changing’ pharmacy solution to our growing network of hospitals, clinics, major employers and self-insured cities and municipalities.” Dr. Marco Moran continued, “As a 20 year licensed pharmacist, I know that pharmacy kiosks creates a more affordable and highly profitable retail pharmacy solution for our many clients whose patients will be able to leave their facilities with a pharmacist-verified prescription in hand as opposed to having to run another errand to wait over an hour at the local corner drugstore. Furthermore, major employers and large health systems will be able to eliminate their drug inventory costs and participate in a profit-share program thus bringing in (or saving) potential revenue in the six figure range for installation of this state of the art pharmacy system.”

The chart shows in excess of 280% tacked on to share pricing for the company in the past month. Market participants may want to pay attention to this stock. DEWM is a stock who’s past is littered with sudden rips. Furthermore, the company has registered increased average transaction volume recently, with the past month seeing a bit less than 400% above its longer run average levels.

Earning a current market cap value of $37.1M, DEWM has a bankroll ($131K) of cash on the books, which is balanced by about $1.3M in total current liabilities. One should also note that debt has been growing over recent quarters. DEWM is pulling in trailing 12-month revenues of $690K. However, the company is seeing recent declines on the top line on a sequential quarterly basis, with revenues falling at -10.4% as of its latest reporting period. This is an exciting story, and we look forward to a follow-up chapter as events transpire. For continuing coverage on shares of $DEWM stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!

Disclosure: we hold no position in $DEWM, either long or short, and we have not been compensated for this article.

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