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OMID Holdings, Inc. Issues Shareholder Letter

OMID Holdings, Inc. (OTC Pink: OMID) has released a shareholder letter from Chairman and CEO Adam Frank, detailing the company's updates as of March 2, 2021.

(Very High)

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Rhea-AI Summary

OMID Holdings, Inc. (OTC Pink: OMID) has released a shareholder letter from Chairman and CEO Adam Frank, detailing the company's updates as of March 2, 2021. The company operates a FDA-registered facility in Alpha, New Jersey, focused on manufacturing hemp-based products for private label and in-house brands. For more information, stakeholders can access additional resources via the company’s official website.

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Positive

  • FDA-registered and Food Grade Certified manufacturing facility in Alpha, New Jersey.
  • Focus on developing and selling hemp-based products for private label and in-house brands.

Negative

  • None.
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News Market Reaction – OMID

The recorded move for OMID in the trading session of this news was +11.27%.

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ALPHA, N.J., March 2, 2021 /PRNewswire/ -- OMID Holdings, Inc. (OTC Pink: OMID), a publicly-traded health and wellness company, today seeks to provide an update to shareholders via a shareholder letter from Adam Frank, the Chairman and CEO.

Please see the attached PDF file or follow the below link. The PDF will also be made available on OTCmarkets.com.

https://omidholdingsinc.com/disclosure-letter02march2020/

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.

Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:
info@omidholdingsinc.com
+1-908-386-2880

Cision View original content:http://www.prnewswire.com/news-releases/omid-holdings-inc-issues-shareholder-letter-301238536.html

SOURCE OMID Holdings, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the latest update from OMID Holdings, Inc. as of March 2, 2021?

OMID Holdings released a shareholder letter from CEO Adam Frank detailing company updates.

What does OMID Holdings, Inc. manufacture?

OMID Holdings focuses on the development and manufacturing of hemp-based products.

Where is the manufacturing facility of OMID Holdings located?

The manufacturing facility of OMID Holdings is located in Alpha, New Jersey.

What is the stock symbol for OMID Holdings, Inc.?

The stock symbol for OMID Holdings is OMID.

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