OMHI is our brand new low float trade idea with news out yesterday

Published: Wed, 08/04/21


 

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.



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.


Yesterday the Company announced the following news...

OM Holdings International (OMHI) Announces Onemart Convenience Stores

Construction Has Begun on the First Store in Tortola, BVI

Store Anticipated to Open by Christmas 2021

Company Will Open More Convenience Stores in 2022

MIAMI, FL / ACCESSWIRE / August 3, 2021 / OM Holdings International Inc. (OTC PINK:OMHI) an owner and operator of super merchandising stores and delivery services in the Caribbean with a proprietary mobile app, today announced the formation of OneMart convenience stores and the construction of the first OneMart convenience store in Baughers Bay, Tortola, BVI.

The company signed a 25-year lease on the Baughers Bay property and will open a 3000 square foot store in November 2021, taking advantage of the Christmas shopping season. The store will offer smaller SKUs of OneMart super store merchandise alongside a small bakery, pizzeria and delicatessen.

Few new stores have opened in the British Virgin Islands in recent years, creating an opportunity for OneMart to expand its presence nationally. Some locations targeted by OneMart are better suited for small-format stores, which can be readily opened on rented property. OneMart will open its first convenience store near its flagship location, and duplicate the processes developed for additional small-format stores throughout BVI.

“Our concept is to service our customers with convenience store products, both in-store or delivered right to their doorsteps, to make shopping as easy as possible for our customers, and to integrate our location into their communities and neighborhoods,” said Mark Vanterpool, President and CEO of OMHI. Our store is located in a densely populated area near several large apartment buildings and many individual homes, as well as two schools, churches and a public works office. We feel residents, students, visitors and people working near our new OneMart convenience store will benefit from the ease with which they can quickly purchase fresh food and other merchandise.” Our increased store footprint will improve our buying power, with more sales volume, translating to higher profits.

OMHI already has two stores under construction on Tortola, a 22,000 square foot OneMart super store slated to open in December 2021, in Fat Hogs Bay, and a Builders Depot store expected to open in third quarter 2022, while management continues to evaluate new sites for additional super stores and convenient community stores

With its new technology subsidiary, Rydeum Caribbean, Inc., and its new stores, the nine months ended May 31, 2021, has seen the largest expansion program in company history. Management anticipates increased revenue from these activities by fiscal year end August 31, 2022.



All the best.

SmallCapMomo.com

picks@smallcapmomo.com
 
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