The last time we mentioned Dewmar International BMC Inc (OTCMKTS:DEWM), the company had just come current on its filings, as well as signing a licensing agreement with KW Brands, LLC of Louisiana for the purpose of operating Willie’s Duck Diner. Willie’s Duck Diner is a registered trademark of KW Brands, LLC which is owned by Willie Robertson, the star of A&E’s “Duck Dynasty.”
Since then, there have been a couple of developments that we wanted to pass along to our readers, including a sizable share retirement. The CEO stated, “The return of these shares to the treasury instantly adds value to our shareholders and demonstrates our commitment to our loyal shareholder base while maintaining a strong and healthy capital structure. Furthermore, the definitive retirement of these significant amount of shares shall be reflected on Dewmar’s upcoming quarterly report and it will cause a retroactive improvement of the Q1 2017 financials.” (Source: Marketwired)
In addition to its business with Willie Roberston of Duck Dynasty, Dewmar International BMC Inc (OTCMKTS:DEWM) has reported strategic investments it has made as part of its Profit reinvestment Program (PREP), and that they will focus on the investments Dewmar has made in the Healthcare Real Estate sector.
First, the S&K Mainstay Hotel, LLC is a real estate investment in a medical practitioner-led hotel project in Hattiesburg, MS. The goal is to provide lodging for families of critically and terminally ill patients in need of care at Merit Health Wesley and other nearby regional hospitals. The lead physician on the project is the President of a large statewide community health center program.
Second, Dewmar Health RA is a real estate venture whereby Dewmar acquires existing buildings and leases them for medical use. The initial project in this venture was the acquisition of a property located at the address of 1001 Hwy. 80 E, Clinton, MS. The property was immediately rented to Merit Health System of Mississippi; a healthcare network that has approximately 6 hospitals, 36 clinics, 2,300 licensed beds, 2,500 physicians and more than 53,000 admissions each year. (Source: Marketwired)
Dewmar also launched its new, clean looking Lean Slow Motion Potion branded website that contains a Walmart store locator which helps customers find which specific Walmart stores sells their product. Online sales for Lean Slow Motion Potion will send consumers either to Walmart.com or to Amazon.com for fulfillment as the Company seeks to rapidly expand online sales via both leading and popular online shopping platforms. This after Walmart itself invited DEWM to be one of 16 diverse suppliers to participate in The Shops at ESSENCE during The 2017 Essence Music Festival.
“We are excited to report that thousands of consumers tasted our Kush Cake brownies and Slow Motion Potion beverage samples, which drove significant point-of-purchase sales,” commented Dr. Marco Moran, CEO of Dewmar International. “Our promotional models and corporate staff handed out branded swag items in the form of logo cups and Lean/Kush Cake ‘Do Not Disturb’ door hangers with discount coupon codes for future online sales,” Moran continued. (Source: Marketwired)
With all of these concurrent happenings with DEWM, it’s no wonder that shares of its stock are pushing their way to new all-time highs. We’ll continue to follow the story for our readers sake. Stay locked to Street Register for updates, and we’ll deliver important developments on DEWM as they unfold. In the meantime, if you’ve yet to sign up for our 100% free newsletter, do so now! Just enter your active email address into the box below and submit!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in DEWM stock, short or long.