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Busy message board this 🙂. Pin drops...
Patience. Lots and lots of patience. Check back in another month or so.
Getting some great results at Spur
This new project area has got major gold find written all over it.
https://www.investi.com.au/api/announcements/wtm/c9020c4a-21e.pdf
All you need to know. Exciting times..
https://www.investi.com.au/api/announcements/wtm/34d7960a-c7b.pdf
https://www.investi.com.au/api/announcements/wtm/2e674fbc-0bb.pdf
Very interesting update on Waratah..
Thanks Zeus. Yeah, that's most likely.
Not expecting anything spectacular from fins (unless their bad customer finally played and paid fair).
As per my shared message from Adam a while back, sounds like a rebuild period. All good.
Any rumblings in the background?
My only guess is that while progressing with current plans, the 2023 financials are taking a bit longer than expected to file. A little unusual for Adam to be late. Any thoughts?
OTC Yield Sign?!
What’s Adam up to, letting this go to a yield. Surely must be time for some filings.
OTC Yield Sign?!
What’s Adam up to, letting this go to a yield. Surely must be time for some filings.
I still see a yield sign 😕
https://www.otcmarkets.com/stock/RHCO/overview
That's right. It was just by email.
I think I changed user name here a while back. Don't post much anyway. I have owned OMID shares for several years now. I can't even remember when/why I got into them. Averaged down a bit here and there. Have emailed Adam a few times. Not always responsive (no surprise), but when he does reply, it's usually just with some plain talking update, like I posted. No big secrets, no nonsense. Just plans and good intentions.
Hope it helps, and good luck to the few that chat here. Go OMID !
A few words from Adam.. 🙂
Monday, 4 March 2024
We have been focused on expanding our powder packet product line with d9 thc and cbd as both an in-house branded product and for third parties.
Lately, have continued our efforts to obtain new private label customers. We are also planning for a re-launch of our most-loved product, the Naturally Peaked 1500mg hemp lotion. We have regularly received extremely positive feedback for the lotion from customers suffering from all sorts of pain due to arthritis, scoliosis, and more general pain in the shoulders, wrists, ankles, back, knees, etc. We feel it is about time that we properly capitalize on our most successful product formulation with enthusiastically positive feedback and we are excited about it!
The financials for 2023 are being prepared and we expect the report to be completed within the required timeline, with the report due by the end of March. 2023 was a very difficult year for us due to the apparent funding issues of our primary private label customer over the past several years - a customer who we provided with 50+ SKUs of products. Our efforts have therefore been heavily focused on exploring various new opportunities, we hope to have additional updates for you and all the shareholders soon.
Best regards,
Adam
Accounts receivable does look ok
Did they take a vacation?
Quarterly Revenues $13,848 ?
OTC Markets Quarterly...
https://www.otcmarkets.com/otcapi/company/financial-report/386988/content
Earnings Monday, maybe?
Not sure on the 10M
Not sure where that comes from. Maybe their own excel sheet? Who knows.
I think they refer to this...
https://fintel.io/ss/us/omid
And are looking on the short interest tab.
Just talking about OMID website
Just general comment that it looks like OMID want to be perceived as the go-to kind of company to manufacture for others. Who exactly, I have no idea, though I know white label opportunities have been mentioned or speculated here on occasion. No news of anything for ages.
Jumpy crowd here sometimes ??.
Nothing from Adam. No worries.
Adam is usually pretty good at replies, but nothing back from him for a few months now. On a positive note, the website does now certainly lean towards manufacturing per client requirements. Very focused approach.
Thanks Birch and others
Much appreciated, and GL to all.
Target SP ideas?
I know it's early days and nobody has a crystal ball, but any SP target predictions, or just winging it for the moment? I would think if up-list eventually happens, and with continued positive earnings figures a 0.15 - 0.20 SP should be within the realms of possibility. Perhaps further down the road with more solid valuation should be 0.25 - 0.30+ or am I not looking at this with fairly?
Happily Holding. Go OMID !
A bit quiet from management for a while, and not much going on in sp action yet, but very positive outlook for this company.
Great Progress! Looking good.
Recent update...
https://www.investi.com.au/api/announcements/bat/449ebfa5-ac7.pdf