Brownie's Marine Group, Inc 8-K, filed Feb 16, 2021
Brownie's Marine Group, Inc (BWMG)
About this 8-K
Brownie's Marine Group, Inc filed this 8-K on February 16, 2021, reporting on events of February 15, 2021.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 15, 2021
| Brownie’s Marine Group, Inc. |
| (Exact name of registrant as specified in its charter) |
| Florida | 333-99393 | 90-0226181 | ||
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) |
(I.R.S. Employer Identification No.) |
3001 NW 25 Avenue, Suite 1, Pompano Beach, FL 33069
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: (954) 462-5570
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| none | not applicable | not applicable |
Indicate by check mark whether the registrant is an emerging growth company as defined in in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [ ]
If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 7.01 Regulation FD.
On February 15, 2021, Brownie’s Marine Group, Inc. issued a press release announcing the shipment of its 1000th nemo unit. A copy of this press release is furnished as Exhibit 99.1 to this report.
Pursuant to General Instruction B.2 of Form 8-K, the information in this Item 7.01 of Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise be subject to the liabilities of that section, nor is it incorporated by reference into any filing of Brownie’s Marine Group, Inc. under the Securities Act of 1933 or the Securities Exchange Act of 1934, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
Item 9.01 Financial Statements and Exhibits.
| (d) | Exhibits. |
| Incorporated by Reference | Filed or Furnished Herewith | |||||||||
| No. | Exhibit Description | Form | Date Filed | Number | ||||||
| 99.1 | Press Release dated February 15, 2021 | Furnished | ||||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Brownie’s Marine Group, Inc. | ||
| Date: February 16, 2021 | By: | /s/ Christopher Constable |
| Christopher Constable, Chief Executive Officer | ||
Exhibit 99.1
Brownie’s Marine Group Announces Appearance of Nemo on Let’s Make a Deal
Pompano Beach, Florida, February 15th, 2021 — Brownies Marine Group, Inc. (OTCQB: BWMG), a leading developer, manufacturer and distributor of tankless dive equipment and high pressure air and industrial compressors in the marine industry, announces today that the Nemo, it’s portable battery operated surface supplied air dive system, manufactured and sold by it’s wholly owned subsidiary, BLU3, Inc. appeared on 2 episodes of “Let’s Make a Deal”. Nemo was featured on episodes airing January 8, 2021 and February 4, 2021, and will be featured again on March 29, 2021.
Blake Carmichael, CEO of BLU3 states “We are proud of the progress that we have made with building the BLU3 brand with its first product, Nemo. Exposure with an outlet such as “Let’s make a Deal” will reach millions of households, and further solidify the BLU3 brand and it’s products in the marketplace. We look forward to increasing the BLU3 family of products with the introduction of our next gen product, Nomad, in 2021.”
“BLU3 continues the original vision of the company to change they way that people enjoy the diving experience.” Robert Carmichael, Chairman of BWMG continues “The products we offer through both Brownie’s Third Lung and now BLU3 with the Nemo and very shortly, the Nomad, represent a paradigm shift to our industry, virtually eliminating the necessity of tanks for shallow water dives up to 30 feet. The technology behind Nemo and Nomad is the culmination of nearly 5 years of engineering investment, that will bring significant value to the shareholders as these products roll out to the market.”
The Let’s Make a Deal Episodes can be seen on CBS All Access.
About Brownie’s Marine Group
Brownie’s Marine Group, Inc., is the parent company to a family of innovative brands with a unique concentration in the industrial and recreational diving industry. The Company, together with its subsidiaries, designs, tests, manufactures, and distributes recreational hookah diving, yacht-based scuba air compressors and nitrox generation systems, and scuba and water safety products in the United States and internationally. The Company has three subsidiaries: Trebor Industries, Inc., founded in 1981, dba as “Brownie’s Third Lung”; BLU3, Inc.; and Brownie’s High-Pressure Services, Inc., dba LW Americas. The Company is headquartered in Pompano Beach, Florida.
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, 2019 as filed with the Securities and Exchange Commission (the “SEC”) on June 29, 2020 and our other periodic and quarterly filings with the SEC.
Source: Brownie’s Marine Group, Inc.
Contact Information: (954)-462-5570
investors@browniesmarinegroup.com