OMID Holdings Inc (OMID)

[bong747]

Expecting news soon regarding their first acquisition, VaporTown USA. Majority of traders have their shares locked down and are waiting for updates regarding funding, grower parterships, etc. Impatient traders have taken a loss and moved on, hence to slow trickle down to 6. The VTUSA deal is nice, and gets them a small flow of revenue, but it's small potatoes - if MJIG is busy executing their plan, there should be some major news coming in the near term. Keep in mind the majority of the O/S is restricted, and the remaining float has traded and is locked, which is why you see this trading so thin....even at these levels. There has been no dilution, no fluff PR's, which are the main drivers in my decision to hold this. When the right news hits, this will move up fast, even at average volume levels due to how thin we are at this level.

Still a lot of eyes on this one, but until some significant news hits, not a lot of reason to buy or sell. GLTA!