HOUSTON, TX--(Marketwired - Mar 19, 2014) - Dewmar International BMC, Inc. (
"This is a very positive start to our 2014 year as we have shattered our aggressive 1st quarter growth projections that we set at the beginning of the year," said Dr. Marco Moran, CEO of Dewmar International. "The number would have actually been larger had we been able to fill two additional purchase orders, as we ran out of product due to a production run glitch at our new bottler that created a shortage in our largest batch run in over a year. These unfilled orders simply give us a head start on Q2-2014 earnings," Dr. Moran continued. "Additionally, Dewmar saw a significant increase in its online sales orders for Q1-2014."
In order to remedy new beverage production facility manufacturing issues on future batches, Dewmar has began negotiations with another bottler in a region much closer to most of its repeat customers. This move should reduce the Company's shipping costs thus improving profitability. With Dewmar expecting to launch Kush Cake brownies in the second quarter, along with other potential hemp-based consumable goods later in the year, Dewmar appears to be on pace to far surpass our original revenue expectations for 2014.
- $4,097 revenues
- $15.1 million revenues for 2013
- $409,909 operating profits
The new results show an increase of 4,600 percent over the revenues from 2012, and a 1,500% increase in net earnings. Even Q3 was profitable for LATF, with more than $573,000 net profits. Now, the company expects to show the results from the sale of MMJ edibles, though it is not yet clear when the sales in Colorado would take off. So far, LATF claims it has applied for a dispensary license and that it would move its headquarters to the state for the chance at legalized sales.
| LATF is not in an active promotion, although it receives enough attention by habit, as well as by its inclusion in the Marijuana index. Still, for LATF the usual behavior in the past weeks is resistance to vaulting the one-cent ......The ticker offers a chance at days of amazing growth, more than 100% sometimes, but also of deep corrections |
Intelligent Highway Solutions, Inc. (IHSI)
-OTC BB Follow
0.29(96.67%) Mar 18, 3:30PM | Shares Outstanding5: | 10.43M |
| Float: | 500.00K |
Disclosure: Greenbackers is long DEWM
Greenbackers receives compensation from Emerging Markets from time to time (IHSI is currently the profile stock)
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