Replies to post #16417 on Omni Health Inc (OMHE)

[BubbaInSC]

RFLMAO - yeah, those "Revenues" was based on the FMV of the "sale" of Mal-B-Gone to LG Retail Group.

That's called cookin' the books Russian-Style. Gots to pay da insiders and those paid media consultants who post in forums :)

From OMHE's SEC Filing - Cookin' Da BOOKs
https://www.sec.gov/Archives/edgar/data/1604906/000166225217000061/omhe10q.htm

Revenue
Our revenue from operations for the nine months ended January 31, 2017 was $3,270,793 compared to $117,853, an increase of $3,152,940, for the nine months ended January 31, 2016. This increase is primarily due to an increase in sales upon the acquisition of Malecon Pharmacy on June 22, 2017. Revenues consist primarily of results from the sales of prescription drugs, non-prescription drugs, and specialty products and related accessories.

How do you think OMHE garnered their "net income" - yep. They cooked their books w/ the VitaCig sale back to MCIG

They sold it for $78k, but declared FMV for the "value" of the shares......lol.