Our past alert OMHI releases big news this morning
Published: Mon, 09/13/21
 Subscribers, Get OMHI on your trading screen immediately. OMHI has a low float and is thinly traded. As you can see in the chart below, OMHI has the potential to explode higher and make huge gains in one day. Back in early July it ran from around $1.15 to almost $2.50 for almost 100% gain in one day. And in late July it surged from around $1.45 to $3.50 for a 140% one day win. Put simply, you need to look at OMHI very closely today after the Company released big uplisting news today - more on that below... About OMHI... OMHI Holdings International, Inc. (OMHI) operates a multi-tenant on-demand technology platform for the delivery of goods and services throughout the Caribbean from a single mobile app. The firm vertically integrates contactless delivery of these essentials, while simultaneously providing multi-modal transportation. OMHI was formed through the fusion of Rydeum, an on-demand technology platform founded by Mark Hannah in 2019, and OneMart, a 35-year-old grocery store founded by Mark Vanterpool in 1986. OMHI's technology subsidiary, Rydeum partnered with Jamaica's largest taxicab union (12,000 drivers) in 2021. This segment provides an Uber-, Grubhub-, and Instacart-like platform which uniquely satisfies the needs of local on-demand economies (LODE) in the Caribbean. MHI's storefront and essential goods subsidiary, OneMart is the second largest grocery provider in the British Virgin Islands. This segment offers groceries, home goods, electronics, furniture, and some building supplies - just like Walmart. It sells wholesales products to restaurants and hospitality venues and caters to retail customers as well. OM Holdings International, Inc. is a Nevada Corporation headquartered in Miami, Florida. Today the Company announced the following news... (OMHI) – OM HOLDINGS INTERNATIONAL, INC. APPLIES FOR UPLSITING TO OTCQX MARKETMIAMI, FL , Sept. 13, 2021 (GLOBE NEWSWIRE) -- OM Holdings International Inc. (OTC PINK:OMHI), an owner and operator of OneMart super merchandising stores and Builders Depot in the Caribbean, and the parent of its wholly owned subsidiary, Rydeum Caribbean, Inc., of British Virgin Islands, today announced it has submitted OTCQX application for U.S. Companies to OTC Markets and expects to be up-listed to the OTCQX Tier in the upcoming weeks. OTCQX is a segment of the OTC marketplace reserved for publicly traded companies that have: (a) attained specific quantitative and qualitative financial standards; (b) passed management reviews; (c) issued timely information to the public; (d) remained current on required disclosures, and (e) consistently shared pertinent updates with investors. OTCQX also requires an approved sponsor to provide professional guidance and assist the company in adhering to the strict disclosure requirements - Securities attorney Laura Anthony, the founding partner of Anthony L.G., PLLC, will be sponsoring OMHI. Mark Vanterpool, CEO of OM Holdings International, Inc. stated, "We’ve been aggressively preparing for this application submission for months now, meeting all financial reporting obligations and completing the submission of all application documents required by OTC Markets. We expect our move to OTCQX to add confidence, value, and liquidity for our shareholders by enabling our stock to be quoted and traded by a much wider range of brokerages, particularly retail brokers.” The stocks of approximately 10,000 companies are traded daily in the multi-tiered OTC Markets, but less than 10 percent of companies qualify to trade on the OTCQX Tier. Those companies are characterized by operational excellence and consistent reporting diligence. “OMHI is certainly qualified for that top tier, and we expect our application to be quickly approved,” added Mr. Mark Vanterpool. After up listing Level II Market Data will be available on otcmarkets.com and distributed through multiple channels including Bloomberg and Thomas Reuters. The OTCQX market has the highest financial reporting standards and strong corporate governance and compliance requirements, and OM Holdings International, Inc. is compliant in all areas. The company is in the process of applying for depository trust clearance (DTC) eligibility, which essentially facilities electronic trading of securities by individual investors who use self-managed online brokerage accounts, as opposed to trading through full-service brokers. Since completing its reverse merger in May 2021, OMHI has announced five new stores , all under construction, with planned openings by the end of this year. Additionally, OMHI announced its first business to business (B2B), Local On-Demand Technology (LODE-TECH) contract with JUTA, the largest taxicab company in Jamaica. Rydeum Caribbean, Inc. develops a platform to connect local, established businesses with consumers through an on-demand mobile app. “This is an exciting time for OMHI,” added CEO Mark Vanterpool. “We merged into a public company and commenced construction on two new superstore locations, initiated the launch process of our on-demand mobile app, and now we’re up-listing to the OTCQX Markets. The uplisting is another step in our growth and gives us increased exposure in the financial community as we prepare for our anticipated up-listing to Nasdaq in the upcoming year. OMHI continues to move forward with its business plan to become one of the largest tech-based merchandising companies in the Caribbean”. The company’s first store, One Mart, reported revenue for the year ended December 31, 2020, of $28 million dollars and $3.8 million in operating profits. Since its completion in 1986 the store has seen year over year growth, even during 2020 during the global Covid-19 pandemic. https://finance.yahoo.com/news/omhi-om-holdings-international-inc-113000314.htmlAll the best. SmallCapMomo.com picks@smallcapmomo.com --------------------------------------------------------------------------------------------------------
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