Strategic and Financial Review Concludes Significant Savings Will Be Achieved Following Voluntary Suspension of Reporting
Obligations
HOUSTON, TX / ACCESSWIRE / May 18, 2017 / Dewmar International BMC, Inc. (OTC PINK: DEWM) a diversified operating company with
business lines in consumer goods, healthcare and content media announced today that it has filed a Form 15 with the Securities and
Exchange Commission (the "SEC") to voluntarily deregister the Company's common stock. Form 15 is a formal suspension of duty to
file reports under Sections 13 and 15(d) of the Securities Exchange Act of 1934.
No disruption in trading is anticipated as the Company's securities currently trade on OTC Markets principal quotation system in
The Pink® Open Market, No Information sub-category. The Company plans to meet all regulatory and compliance requirements
promulgated in the OTC Market's Group Alternative Reporting Standard by making financial statements publicly available through the
OTC Market's Disclosure and News Service. The Company believes that this will uplist the Company's current trading category from
delinquent filer with No-Information [to] Current Information.
Dr. Marco Moran, Founder and CEO of the Company listed three primary reasons below why the Company decided to file the
deregistration document with the SEC in order to up list to The Pink® Open Market Current Information category:
1) To focus our resources and capital on several IMMEDIATE business growth opportunities including Walmart product placement
expansion and other exciting business developments that we plan to soon announce;
2) To deliver substantial cost savings to the Company's bottom line by eliminating legal, accounting, administrative and filing
expenses associated with SEC reporting requirements which can waste a substantial percentage of profits for a small reporting
company; and
3) To provide the Company's investor community with timely financial reporting that meets U.S. GAAP standards at a fraction of
historical costs incurred by the Company to meet its SEC reporting obligations.
Dr. Moran stated, "We believe these necessary steps are in the best interest of our shareholders, reallocate management's focus
on revenue generating tasks and helps drive increased operational efficiency."
About Dewmar International Brand Management Company, Inc.
Dewmar International BMC, Inc. is 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.
For more information on the Company visit http://www.DewmarInternational.com and register on the homepage for free Company
newsletter and email blast updates.
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SOURCE: Dewmar International BMC, Inc.
