Replies to post #15207 on Omni Health Inc (OMHE)

[lesgetrich]

That quote was from mCig's October 24 PR...

mCig, Inc. CEO Provides Corporate Update

But Omni didn't announce the $1.6 million net profit until November 21 in their own PR...

VitaCig, Inc. Announces Name Change to Omni Health, Inc., Projects $1.6M Net Income for First Quarter

On November 22, mCig repeated the $1.6 million net profit in it's PR.

mCig, Inc., Acquires 17M Shares of Omni Health, Inc.

This would leave one to believe that the numbers weren't available to Paul when he made his initial estimate on October 24. As soon as the actual financials were available to Mike Hawkins he probably suggested to Paul that they convert their note into Omni shares. I admit it's puzzling and I wrote as much in my SA article...

Four Long Term Penny Stock Picks For A Profitable 2017

So we're left with several questions.

Was the $1.6 million in net income for 1FQ17 an anomaly or is it representative of what we can expect each quarter?

What should we make of Paul Rosenberg's projection of $6 million in annual revenue for 2017 with an 8% profit margin? Was he being conservative, acting on dated information or has LX Retail added an additional business unit to the company or done an acquisition?

How much of this company's profits are driven by the specialty pharmacy business and how much is being contributed by anti-aging creams?

What are Omni's plans for growth and expansion? Why did they decide to go public now?

Once Omni draws back the curtain and answers these questions I expect we'll see a very profitable pop in its share price.