OMID, Good read and worth a very serious look. Could take off soon. Great Share Structure / Float.
https://www.otcmarkets.com/stock/OMID/news/OMID-Holdings-Inc-Secures-Exclusive-Manufacturing-Partnership-With-Large-Hemp-Brand?id=278549 OMID Holdings, Inc. Secures Exclusive Manufacturing Partnership With Large Hemp BrandPress Release 10/29/2020 PR Newswire ALPHA, New Jersey, Oct. 29, 2020 /PRNewswire/ -- OMID Holdings, Inc. (OTC Pink: OMID), a publicly-traded health and wellness company, today reports the execution of an exclusive manufacturing agreement with an existing private label customer. The one-year exclusivity agreement modifies and extends the Manufacturing Agreement executed in April, earlier this year, until October 31, 2021. "Through this agreement, which provides exclusivity to manufacture certain products, we have solidified our existing relationship and taken steps in preparation for further expansion of business with one of our most promising customer," stated Adam Frank, OMID's chairman and CEO. "The quality, integrity, and value delivered by the OMID Manufacturing team has made it possible to secure this opportunity. Our customer has an existing presence in over 1000 stores and an expectation to quickly expand into over 10,000 stores. I look forward to the continued evolution and growth of OMID Manufacturing for the benefit of OMID shareholders." About OMID Holdings, Inc. OMID Holdings, Inc. is a publicly-traded (OTC Pink: OMID) health and wellness company which owns and operates a manufacturing facility in Alpha, New Jersey. The headquarters is FDA-registered and Food Grade Certified for production within its clean room environment. The company is currently focused on the development, manufacture, and sale of hemp-based products for private label and in-house brands. For more information about the company, please visit https://omidholdingsinc.com/.
https://www.otcmarkets.com/stock/OMID/news/OMID-Reports-Strong-Second-Quarter-Financial-Results?id=274177 OMID Reports Strong Second-Quarter Financial ResultsPress Release | 09/16/2020 September 16, 2020 OTC Disclosure & News Service Alpha, NJ | 16 September 2020 OMID Holdings, Inc. (OTC Pink: OMID), a publicly-traded health and wellness company, today provides a corporate update for shareholders. In addition to obtaining a current information reporting status with OTC Markets Group, OMID is pleased to highlight its unaudited second quarter financial results.
Key Financial Highlights of OMID Holdings, Inc. operations*: Operating Results for the Three Months Ended June 30, 2020 Revenue was $463,270, increasing by 2084.4% Q/Q and 116.9% compared to the same period last year. Gross Profit was $201,757, compared to $56,549 for the same period last year, a 256.8% improvement. Net income was $109,311, compared to $18,228 for the same period last year, a 599.7% improvement. Operating Results for the Six Months Ended June 30, 2020 Revenue was $484,478, a 48.2% increase compared to the same period last year. Gross Profit was $205,637, a 140.7% increase compared to the same period last year. Net income was $88,414, compared to $16,970 for the same period last year, a 421.1% I am thrilled with the exceptional execution of my entire team during the second quarter - continuing into the third quarter - as we overcame many challenges related to the coronavirus. stated Adam Frank, OMIDs chairman and CEO. Our organizations commitment to safety, quality, integrity, and value combined with consistent innovation and operational flexibility is steadily generating exciting opportunities. In recognition of our current reporting status, I look forward to providing more detailed and consistent updates for our shareholders.
https://www.otcmarkets.com/stock/OMID/security Share Structure Market Cap 4,803,154 10/29/2020 Authorized Shares 350,000,000 10/29/2020 Outstanding Shares 300,197,117 10/29/2020 Restricted 248,499,334 10/29/2020 Unrestricted 51,697,783 10/29/2020 Held at DTC 50,668,806 10/29/2020 Float 17,035,535 03/31/2020
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