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Brownie's Marine Group Inc.
3001 NW 25th Ave Ste 1
Phone: (954) 462-5570p:954 462-5570 POMPANO BEACH, FL  33069-1028  United States Ticker: BWMGBWMG
Business Summary
Brownie's Marine Group, Inc. designs, tests and manufactures recreational hookah diving, tankless dive systems, rescue air systems and yacht-based self-contained underwater breathing apparatus air compressor (SCUBA) and nitrox generation fill systems. Its subsidiaries are focused on various sub-sectors of its industry, including Brownie's Third Lung in Surface Supplied Air (SSA), BLU3, Inc. in Ultra-Portable Tankless Dive Systems, LW Americas in High Pressure Gas Systems, Submersible Systems, Inc. (SSI) in Redundant Air Tank Systems and Live Blue, Inc. Its segments include Legacy SSA Products, which sells recreational multi-diver surface supplied air diving systems; High Pressure Gas Systems sells high pressure air and industrial gas compressor packages; Ultra Portable Tankless Dive Systems sells electric surface supply air diving systems and electric shallow dive system; Redundant Air Tank Systems manufactures and distributes of pressure tanks, and air systems, and Guided Tour Retail.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202312/31/2022YesYes---

Industries
SIC Code Description
3949 Sporting and athletic goods, not elsewhere classified
5091 Sporting and recreational goods and supplies
3563 Air and gas compressors

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, President, Chief Executive Officer, Chief Financial Officer Robert M.Carmichael 61 7/7/2023 4/1/2004
Chief Executive Officer and President of BLU3 BlakeCarmichael 28 12/1/2017 12/1/2017
Director Christopher H.Constable 54 7/7/2023 11/1/2020
Independent Director Charles F.Hyatt 54 3/1/2019 3/1/2019

Subsidiaries
Business Name Address City State/Province Country
Submersible Systems, LLC 7413 Slater Ave Huntington Beach CA United States
Gold Coast Scuba, LLC 259 Commercial Blvd Lauderdale-By-The-Sea FL United States

Business Names
Business Name
bLU3, Inc., a Florida corporation
Brownie’s High Pressure Compressor Services, Inc.
BWMG
6 additional Business Names available in full report.

General Information
Number of Employees: 36 (As of 12/31/2022)
Outstanding Shares: 439,211,134 (As of 11/14/2023)
Shareholders: 448
Stock Exchange: OTC
Federal Tax Id: 880374969


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Thursday, April 25, 2024