Brownies Marine Group Inc (ID) (BWMG)

https://www.otcmarkets.com/stock/BWMG/news/Brownies-Marine-Group-Announces-First-Quarter-2026-Financial-Results?id=523133

That would be awesome to have an uplift, but that takes serious money in marketing.

I spoke to their IR guy he said they are working on a NASDAQ listing. I find that hard to believe. I think he was just blowing smoke just to silence me.

There’s no marketing. Is anyone individually helping the marketing of the stock? If there is no public knowledge than there’s no public investment. 

The company posted 10Q, which looks like they are making money. Share price should a lot higher than this?

Looks like we have to wait another year to get an update.

Anyone talking out here?

What do you mean by Blu3 taking off???

Not looking great for the future, after blu3 took off it looked liked we were on to something 😕 

Welcome to the board! Looking forward to the next ER.

I just bought in today. How is everyone?

Nice to see an update from the company!!!

Troy: Miami International Boat Show was good this year. The organizers consolidated the venues and downsized a bit. We revamped our approach (3-locations) and displayed a selection of BMG products (LW-Yacht Pro 48vDC, Blu3, SeaNXt, and Spare Air) at Sailors Cove on Watson Island, we showcased the BLU3 and SeaNXT at the entrance to the Aquazone with Nautical Venture performing demos in pool, and put on an impressive Sea-NXt and Blu3 booth upstairs in the marine accessories hall; this booth included Awake Boards (e-jet surf/foil), Flying Fish carbon SUP boards and we test marketed the JayKay e-propulsion SUP fin pre-market release in the US (summer-2026). The overall sense was that the traffic volume was lower, but the caliber of attendees more focused. I enjoyed running the Sailors Cove booth for the first three days and came home with an optimistic outlook for 2026; people were spending money again.

Hi Troy. Let me know when you have time for a call.

BWMG Highlights 2025 Operational Milestones, Confirms Audit On Schedule, and Outlines 2026 Priorities to Support Revenue Growth
Davie / Fort Lauderdale, Florida — February 24, 2026 — Brownie’s Marine Group, Inc. (“BWMG” or the “Company”) is pleased to provide shareholders with a 2025 operational progress update and shared 2026 priorities aimed at expanding revenue opportunities, improving execution, and enhancing long-term shareholder value.
Audit Progress and Reporting Timeline
BWMG confirms it is currently in the audit and reporting phase for fiscal year 2025 and that audit progress remains on schedule. In accordance with audit process requirements and regulatory best practices, the Company will not discuss financial results or performance metrics until publication of its audited Form 10-K. BWMG expects its Form 10-K to be filed by the end of March 2026.
2025 Highlights: Platform Strengthening, Product Advancements, and Market Engagement
During 2025, BWMG advanced multiple initiatives across facilities, product development, and market outreach to support scalable growth and customer adoption:
Facility Expansion to Support Growth
• The Company relocated to a larger, freestanding, climate-controlled facility in Davie, Florida, west of Fort Lauderdale–Hollywood International Airport, designed to better accommodate expanding product lines. Management believes the improved environment has enhanced workplace satisfaction and operational efficiency, while also attracting multiple potential service, assembly, and distribution partners currently under consideration.
Sea Lion Battery Platform Expansion and New “Sport” Offering
• Brownie’s introduced the new battery-powered Sea Lion “Sport”, designed to bring battery-powered tankless diving closer to legacy gasoline-powered system price points.
• The Sea Lion platform now includes a waterproof 70Ah battery (up from 64Ah), designed to provide over three hours of runtime for up to three divers in typical recreational depth ranges up to 33 feet (application dependent).
• The Sea Lion Sport introduces an all-new waterproof 50Ah battery, designed to support up to two hours of runtime for 2–3 divers (application dependent).
• Both systems incorporate “Insta-Change” battery technology, enabling tool-free battery swaps in under a minute.
Investment in Waterproof Battery Standardization
• BWMG invested substantial time and capital to advance its Sea Lion battery systems to a waterproof standard and to improve commercial readiness. Management believes these investments in design, tooling, and inventory are intended to strengthen long-term product value and customer experience and are expected to support improved lifecycle economics over time.
LW Americas / YachtPro: Battery-Powered High-Pressure SCUBA Filling Innovation
• BWMG’s high-pressure breathing air subsidiary, LW Americas / YachtPro, unveiled a new 48V DC battery-powered, continuous-duty, automated high-pressure SCUBA tank filling system aimed at emerging demand from modern boatbuilders and off-grid customers. The Company expects the system to support multi-tank filling cycles using battery power, with performance dependent on configuration and operating conditions.
Trade Show Momentum Across Core Brands
• BLU3 and SeaNXT Americas maintained an active trade show tempo throughout 2025 to expand market visibility, support dealers, and engage new customer segments.
BLU3 Nomad: Expanded Battery Option and Strong Demand Signals
• In Q4 2025, BLU3 introduced a new extended runtime battery option for Nomad users. The first production run was fully allocated prior to arrival, reflecting strong customer interest and the team’s emphasis on targeted product enhancements and disciplined inventory planning.
Professional Pool Industry Outreach Initiative
• BLU3 initiated a professional pool industry outreach program, engaging Byrd Moreton & Associates mid-year 2025 and developing a trade show plan focused on pool and spa leak detection and maintenance professionals.
2026 Priorities: Broader Market Reach, Higher-Impact Trade Shows, and Shareholder Engagement
In 2026, BWMG intends to build on its 2025 progress by prioritizing initiatives designed to expand revenue opportunities:
• Channel and Partner Expansion: evaluating and onboarding service, assembly, and distribution partners aligned with BWMG’s product portfolio and customer needs.
• Execution and Fulfillment Focus: continuing operational improvements that support reliability, responsiveness, and scalable delivery.
• Trade Show Optimization and Product Bundling Strategy: refining and expanding booth offerings to maximize consumer interest and improve revenue-per-event opportunity by showcasing a broader set of premium, battery-powered watersports and marine technology products.
• Best-in-Class Partnerships: continuing to identify and partner with novel products that can benefit from BWMG’s engineering, manufacturing, distribution, hands-on sales, and customer service capabilities.
As part of this strategy, BWMG recently teamed with Awake Boards to introduce its dealer and customer base to premium electric watersports offerings, including an electric wakeboard and eFoil featuring “click-to-ride” battery technology. BWMG believes that showcasing these products alongside Sea Lion, BLU3 Nomad and Nomad Mini, SeaNXT, and the YachtPro 48V DC system creates a compelling booth experience across a broad range of 2026 events.
Strengthening Investor Outreach and Shareholder Communications
To support broader investor awareness and strengthen communications with the market, BWMG has engaged Andrew Barwicki to assist with new investor recruiting and shareholder communications. The Company notes that compensation under this engagement is not stock-based.
Shareholder Engagement and Float Dynamics
BWMG’s shareholder base includes significant long-term holders, and the Company believes this contributes to a relatively closely held public float. While share ownership and trading activity can vary over time, BWMG intends to increase the consistency and clarity of shareholder-facing communications through compliant public disclosures and regular corporate updates.
About Brownie’s Marine Group (BWMG)
BWMG is a marine technology and water-based recreation company focused on making time in and around the water more accessible, safer, and more enjoyable through product innovation and channel partnerships.
Investor Contact:
Andrew Barwicki
516-662-9461 / andrew@barwicki.com
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27a of the Securities Act of 1933 (as amended) and section 21e of the Securities and Exchange Act of 1934 (as amended). Those statements include the intent, belief or current expectations of the Company and its management team. Forward-looking statements are projections of events, revenues, income, future economics, research, development, reformulation, product performance or management's plans and objectives for future operations. Some or all the events or results anticipated by these forward-looking statements may not occur. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many that are not in management's control.

https://www.otcmarkets.com/news-otcapi/news/document/content/id?id=88813

It's close to the 10K, will BWMG silently announce ER, or will he give us a PR and a company update? The CEO needs to promote this stock a little more if he wants investors.

Whats going on around here?  This thing still have a pulse?  I was in Miami Beach few weeks ago but didn’t need the heart burn to go up and check to see what was happening. I assume they’re at the boat show this week. 

It looks like we get a lump of coal for the new year.

Well damn I wish we were really trading at .0799 cents
My account looks amazing at the moment 
Z

Another Bong Water pump video? Only fools are fooled

https://www.browniedive.com/tankless-dive-systems-vs-traditional-tanks-which-is-best/

https://www.browniedive.com/tankless-dive-systems-vs-traditional-tanks-which-is-best/

Extraordinary trading today over 3 million shares???

Looks like we had a little action today 400K in shares traded today, maybe things are starting to change here?

I just searched it on Co-Pilot

The D/E ratio, or Debt-to-Equity ratio, is a key financial metric used to assess a company's financial leverage—basically, how much it relies on borrowed money versus its own funds to finance operations.

What It Means
Debt = Total liabilities (loans, bonds, etc.)

Equity = Shareholders’ equity (what the owners actually own)

The formula is:

Code
D/E Ratio = Total Liabilities / Shareholders’ Equity
Why It Matters

A high D/E ratio means the company is heavily financed by debt, which could be risky if earnings drop.

A low D/E ratio suggests the company relies more on its own capital, which may be safer but could limit growth.

“D/E” ????? Could you put that in English please. Thanks.

.

I don't know what the D/E is. Try calling the CFO; his number is on the OTC website.
It would be interesting to find out. It looks like we had another seller at market price today, which is most likely why we had that price drop. I spoke with the CFO a few days ago; it seems that we need MM's to increase the price of the stock a bit. Hopefully, they will work on that soon.

GLTA!!!

Do we know D/E before company went public?

Revenues up too!

Yes! profitable! Looking much better in that regard

10Q came out yesterday; they need to market their products and promote their stock a little bit more to attract buyers. The stock has a lot of potential from here.

GLTA!

Bid and ask back up

Bid and ask back up

We have some trading. 

Finally out of expert market, pink limited as of today.

https://www.otcmarkets.com/stock/BWMG/overview

Let the trading resume!

Thanks, I found the 10-Q! Looking forward to seeing this trading again.

10Q was posted today. It may be pink OTCID by tomorrow morning. If not, it will start trading again very soon.

Since we are still not trading, is it due to the late 10-Q?

Here is link:

https://www.otcmarkets.com/file/company/financial-report/477877/content

Where is this posted? Thanks.

Management Certification today, 6/30

Brownies Marine Group Company Wide Update

Davie, FL, June 19, 2025 (GLOBE NEWSWIRE) -- Brownie’s Marine Group, Inc. (OTCQB: BWMG), a leading developer, manufacturer and distributor of tankless dive equipment, best-in-class water scooters, and high-pressure air and industrial compressors in the marine industry, today announced results for the fiscal fourth quarter and twelve months ending December 31, 2024. Robert Carmichael, CEO of Brownie’s Marine Group, Inc. stated, “Although we are disappointed in the operating results, we are pleased with the product development and re-alignment of resources.

“Ongoing market challenges, a cautious retail and trade channel environment resulted in lower total sales and profitability than desired. We remain focused on our key strategic priorities and the changes necessary for near-term growth—investing in consumer-driven innovation, enhancing our go-to-market with novel solutions ethos, and improving operational efficiencies at the fundamental level,” said Robert Carmichael, Chairman and Chief Executive Officer.

Fundamental Changes:

Headquarters Facility: The Company relocated it south Florida headquarters from Pompano Beach to Davie, Florida just west of the Fort Lauderdale International Air and Sea Port. The 19,000+ Sq. Ft. facility is a free standing, corporate office and manufacturing facility. This climate-controlled facility supports efficient manufacturing, innovation, and future growth. The new layout includes abundant technical areas, vertical storage, and a welcoming product showcase entrance highlighting the BMG portfolio.

Audit Firm, Trading and Reporting:

To modernize financial reporting and increase transparency, Brownie’s engaged Bush & Associates CPA (Henderson, NV) as its independent audit firm. The firm brings a technology-forward, quality-driven approach to audit and assurance services. Additionally, BMG has applied for its OTC Markets listing to be transitioned to the upcoming OTCID platform, expected to go live in July 2025.

OTC Markets Group is introducing OTCID as a new tier that replaces Pink Current, offering clearer distinctions between companies that meet basic disclosure standards and those that do not. The transition marks a pivotal shift toward investor transparency and accountability.

By joining the OTCID Market, we proudly support OTC Markets Group’s mission to distinguish responsible companies that take ownership of their U.S. traded securities and meet elevated disclosure standards.

OTCID will make it easier for investors, brokers, regulators, and issuers to identify companies that demonstrate compliance and accountability. The enhanced transparency and disclosure requirements of OTCID may drive positive shifts in investor confidence and behavior, benefiting shareholders in BWMG and the broader OTC market alike.

Product News:

BLU3: BLU3 continues to redefine recreational diving with its patented, battery-powered dive systems designed for accessibility, portability, and innovation. In 2024, the Company implemented key changes to improve product positioning, operational efficiency, and brand performance:

Completed the phase-out of the Nemo model in favor of the more advanced Nomad Mini, streamlining the product line and improving overall manufacturing efficiency.
Expanded into the pool and spa service industry through targeted marketing campaigns that highlight BLU3’s unique utility for light underwater work and inspection.
Reduced overhead expenses by strategically eliminating non-essential salaried roles in sales and marketing, aligning resources with core priorities.
Implemented price adjustments across core products to support margin growth and maintain long-term profitability.
Maintained a diverse marketing strategy through continued investment in boat shows, influencer collaborations, and a combination of paid and organic social media efforts.
BLU3 remains a central growth driver for BMG and continues to explore new markets and applications for its ultra-portable dive technology.

SeaNXT Elite: BLU3 completed its first full year as the exclusive distributor and service center for the SeaNXT Elite water scooter across North and South America and the non-French Caribbean. In 2024, the primary focus was on expanding the dealer and service network throughout these regions to establish a strong foundation for long-term growth.

While several promising partnerships were explored, some efforts were paused due to market constraints, including restrictive dealer agreements imposed by competing brands that prohibit retailers from carrying alternative products. Despite this, SeaNXT continues to gain traction as a high-performance, service-friendly alternative in the luxury water toy category.

Building brand trust remains a top priority, and BLU3 is uniquely positioned to lead this effort thanks to its experienced team, modern facilities, and the modular design of the SeaNXT Elite, which simplifies maintenance and supports long-term ownership value.

Brownie’s THIRD LUNG / Sea Lion: Since 1969 the “THIRD LUNG” has been thought of as a simple gasoline powered air compressor on a float tube. The simplicity and long run time has satisfied an enduring audience of local Florida lobster hunters, salvors and shallow sport divers rugged enough to tolerate the dinosaur powered solution for over 5-decades.

The next generation THIRD LUNG (Sea Lion) leverages our multi-patented battery-powered technology to deliver a diver sensitive-variable speed solution that is more appealing to a broader audience of resort divers and families with boats. The Sea Lion boost an 18-pound battery that provides up to 3-hours of dive time for 3-divers to depths up to 33-ft. The sluggish cadence of 2024 allowed Brownie’s team to develop and heavily invest in multiple improvements that are now delivering better value to the consumer and significant margin enhancements for the company.

SPARE AIR (Submersible Systems, Inc.): Submersible Systems, Inc. enjoyed one of the best years in the companies over 40-year history. SPARE AIR is a natural complement to the entire line of Brownie’s and BLU3 innovations. As we recruit broader audiences to participate in tankless diving, the addition of a completely redundant air source for our products and other diving systems becomes self-evident. Distribution channels and new market opportunities are exposing more synergies across the brands as we cross-pollinate sales and customer service efforts.

LIVE BLUE: Live Blue was launched in 2022 as a pilot program for guided tours, and entry-level dive coaching utilizing the innovative line of products from BLU3. Initially launched in conjunction with our acquisition of Gold Coast Scuba, LLC, a dive shop and scuba diving training center operating in Lauderdale-by-the-Sea, Florida. In late 2024, the company sold the inventory and SCUBA asset package known as Gold Coast Scuba to Adventure Seeker Company. Adventure Seeker Company Dba Gold Coast Scuba continues to operate as a dealer and strategic partner of BMG products and services for the Lauderdale-by-the-Sea area. Live Blue, Inc remains a wholly owned subsidiary of BMG.

Robert M. Carmichael, President and Chairman of the Board added, “One of our core missions is to support entry-level water exploration and promote long-term ocean stewardship. Through education and access, we aim not only to grow our customer base—but to foster the next generation of responsible marine enthusiasts.”

About Brownie’s Marine Group

Brownie’s Marine Group, Inc. owns a portfolio of companies focused on industrial breathing air and recreational diving technologies. Together, the Company designs, tests, manufactures, and distributes tankless dive systems, high-pressure breathing air systems, scuba products, and water safety devices across global markets.

The Company operates four subsidiaries:

Brownie’s THIRD LUNG – Multi-person tankless dive systems (browniedive.com)
BLU3, Inc. – Ultra-portable tankless dive systems (diveblu3.com) and distributor of SeaNXT Elite water scooters (sea-nxt-americas.com)
LW Americas – High-pressure breathing air systems (lwamericas.com)
Submersible Systems, Inc. – Redundant air safety systems (spareair.com)
BMG operates from its Davie, Florida headquarters and a manufacturing and distribution facility in Huntington Beach, California.

For more information, visit: www.BrowniesMarineGroup.com.

Safe Harbor Statement

This press release may contain forward looking statements which are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors. Stockholders and potential investors should not place undue reliance on these forward-looking statements. Although we believe that our plans, intentions and expectations reflected in or suggested by the forward-looking statements in this report are reasonable, we cannot assure stockholders and potential investors that these plans, intentions or expectations will be achieved. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. Except to the extent required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the Securities and Exchange Commission (the “SEC”) on June 17th, 2025, and our other periodic and quarterly filings with the SEC.

Source: Brownie’s Marine Group, Inc.
Contact Information: (954) 462-5570
robert@browniesmarinegroup.com

https://www.globenewswire.com/newsroom/ti?nf=OTQ3MTM3NyM2OTk5MTY4IzUwMDAyNTU5OA==
https://ml.globenewswire.com/media/NDFiMDQwYzktYzA5YS00MGE2LWFmMGQtOGEyOGJkOTFjYTYwLTUwMDAyNTU5OC0yMDI1LTA2LTE5LWVu/tiny/Brownie-s-Marine-Group-Inc-.png

Source: Brownie's Marine Group, Inc.
© 2025 GlobeNewswire, Inc.

Any chance we get an update on filings? We have been waiting for the last 6 months?

Do you have any clues about what happened to the stock today? It can't be bought or sold by the shareholders, but somehow, 5000 shares were traded at .001. Is the company trying to correct the markets for trading this stock, or what?

Thanks for letting us know
Z

Just talked to the CFO and they are working on getting the filings updated .

I agree, no news, no 10K, inferior communication from the CEO, no investor communication from the company website. You can't place a buy order or sell order with E-Trade. I also noticed that BLU CEO said that the NEMO's are in short supply because they are not producing any right now or because of the demand. We desperately need some info from the CEO. Are we stuck on .0002 until the company goes bankrupt?

I must say I'm quite shocked no one is saying a word about .0002 and no trading. 
Anyone hear from management at all?
Yet I keep seeing advertisements with blue etc 
Z