Omni Health Inc (OMHE)

[BubbaInSC]

Bait and No Execute Working Perfectly MakeUWait on Purpose

"$1.6 Million Net" only to find that books were cooked buy using Fair Market Value of 172 Million shares as "revenue".

"$80 Million" in revenues, only to find out that OMHE is projecting at $6 mil/year - for a single pharmacy that is generating 40% of an average CVS; which generates ~$15 mil/store

"Net Profits", only to find out after removing the FMV of 172 million shares, that OMHE has operational losses.

At LEAST 2 more quarters of operational losses.


8 Months Later

2/9/17 - 8 months later, all OMHE can muster is that they plan on planning new divisions.

http://finance.yahoo.com/news/omni-health-inc-issues-letter-120000190.html

To do so, our vision is to capitalize on decades of knowledge and experience to create a global health and wellness company. To that end, we plan to rapidly expand our operations to include new divisions in the areas of specialty pharmaceuticals, anti-aging brands, and therapeutic cannabis products and licensed medical marijuana cultivation.

and resulting in

we have incurred some significant costs along the way

Bait and No Execute Working Out Brilliantly. The delay tactics are working. The vague terminology is working exactly as planned. They're going to milk "licensed medical marijuana cultivation" for at least a couple of years.

"Anti-aging" cream = Le Signature - a crap product that Andrey owns, and has only managed to "sell" ONE wholesale account since 2014.

"therapeutic cannabis products" = retailing low margin CBD; and likely losing slotting fees via the MOQ w/ MCIG.

"licensed medical marijuana cultivation" = vague terminology on purpose.

No MJ Dispensary specified.
No MJ Cultivation site specified
No MJ Lab specified

More likely than not, just means no marijuana at all.

OMHE has $1.8 million in debt
OMHE is running out of cash by April 2017
OMHE has operational losses
OMHE just announced they have increased costs

More debt/dilution is imminent.

They're going to bait, delay, dilute, and pay its consultants like Andrey, Hawkins, and Paul The SHYSTER.