OMID UP TO.083S.FROM MY .065S.ALERT.ON ALERT FOR 150 MILLION SHARE CANCEL FROM 0/S.THIS THING
WILL GO BALLISTIC WHEN THEY CANCEL THE SHARES.A POSSIBLE .18 AND HIGHER IS NOT OUT OF THE QUESTION.LOOK AT THE SS BELOW AS OF NOW.INSIDERS OWN 195 MILLION OUT OF THE 260 MILLION O/S SO IMAGING WHAT HAPPENS WHEN THE 150 MILLION GET CANCELLED??LOL.OMID Provides First-Quarter Financial
THEY MADE A PROFIT Q1.CHECK IT BELOW.REVENUES UP BIGLY.KEEP IT ON WATCH FELLAS.BIG TIME.
ALPHA, N.J., April 15, 2021
ALPHA, N.J., April 15, 2021 /PRNewswire/ -- Today, OMID Holdings, Inc. (OTC Pink: OMID) has completed an initial financial review of its first quarter operations. The Unaudited Key Financial Highlights are provided below for the Three Months Ended March 31, 2021.
Revenue for the current period was $278,124 compared to $21,108 for the three months ended March 31, 2020, a 1217.6% improvement from the same quarter in 2020.
Gross Profit for the current period was $139,126, compared to $3,880 for the three months ended March 31, 2020, a 3485.7% improvement from the same quarter in 2020.
Net income before income taxes for the current period was $47,526, compared to a loss of $20,896 for the same period last year, a 327.4% improvement.
"The first quarter of each year has been historically challenging due to a variety of seasonal factors including but not limited to supplier holidays as well as the implementation of new industry regulations and laws. Our results for the first quarter of 2021 have been very encouraging as we continue to execute on our long-term vision for the future of the company. We remain well-positioned and eagerly await the opportunity to take advantage of the evolving recreational cannabis industry in NJ," stated Adam Frank, OMID's Chairman & CEO.
OMID SECURITY DETAILS
Share Structure
Market Cap Market Cap
16,132,221
05/28/2021
Authorized Shares
350,000,000
06/01/2021
Outstanding Shares
260,197,117
06/01/2021
Restricted
194,999,334
06/01/2021
Unrestricted
65,197,783
06/01/2021
