OMHI back in focus again today

Published: Fri, 02/04/22


 

Subscribers,

We alerted you to OMHI a couple of days after they announced huge earnings news. It didn't quite fire as we hoped, but it seems the Street is finally paying attention as OMHI gained 40% yesterday.

Let's keep this momentum going, and get on board this freight train. Remember, OMHI traded over $1 just a few weeks ago - it's less than half of that right now!

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.




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...

Om Holdings International, Inc. Reports Record Results for December 2021

Miami, FL, Feb 01, 2022 (GLOBE NEWSWIRE via COMTEX) -- OMHI Achieves Record $4 Million Sales in December 2021

Three New Stores to Open Over the Next Six Months

Company Expects Outstanding 2022 Fiscal Year

Miami, FL, Feb. 01, 2022 (GLOBE NEWSWIRE) -- OM Holdings International Inc. (OTC Pink: OMHI) an owner and operator of OneMart super merchandising stores and Builders Depot in the British Virgin Islands and the parent of its technology subsidiary, Rydeum, which launched its mobile app, DOGETGO, today announced record revenue of $4 million for December 2021 and a record first four-months' revenue of $12 million, signaling a bumper 2022 fiscal year for the company.

"We have achieved a significant increase in sales over the past four months despite the ongoing pandemic; 2022 will be by far the best year in our 35 years of business," says CEO Mark Vanterpool. "We are delighted to see this increase in sales entirely from our existing stores. We have yet to open our next three stores, which we will do over the next six months. We attribute the increase in sales to the new flagship store remodel, the rebound of tourism in the British Virgin Islands over the past four months, and our ongoing marketing and promotion of new products and services."

The company anticipates $7 million to $10 million in sales growth over 2021, with approximately $2.5 million net profit.

"The market continues to grow, and we continue to build new stores and scout properties for even more locations while expanding the products and services each of these stores offers," Mr. Vanterpool concluded. "We continue to gain significant market share while still a long way from reaching our full potential, and we expect 2022 will be a historic year for our company."

https://www.marketwatch.com/press-release/om-holdings-international-inc-reports-record-results-for-december-2021-2022-02-01?mod=mw_quote_news_seemore

All the best.

SmallCapMomo.com

picks@smallcapmomo.com
 
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