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MHHC Enterprises Inc. (MHHC) is a diversified holding company with a focus on its subsidiaries, including MHHC Warranty and Services Inc., WarrantyYourWorld Inc., MHHC Reinsurance Inc., and ONBLi Inc. Led by CEO and President Frank Hawley, MHHC is a national provider of help desk and warranty insurance services. The company offers its products through over 1,000 retail locations and online, with a focus on the protection of consumer assets through the utilization of value-added warranties. Recent financial reports show a remarkable growth in revenue, attributed to market expansion and new product innovations that have allowed the company to penetrate new markets and capture a larger customer base. With improved gross margins and a strategic focus on innovation and customer-centricity, MHHC Enterprises Inc. looks toward continued momentum and growth in existing and new market opportunities, prioritizing strategic initiatives to foster sustainable growth in the upcoming years.
MHHC Enterprises has received SEC approval for a $75 million capital raise as of January 19, 2023. This funding aims to enhance the growth of its subsidiary ONBLi Inc., which focuses on e-commerce developments through its platform ONBLi.com. The capital will also support the expansion of MHHC's warranty and service business. The company is optimistic about these advancements and plans to provide further updates regarding timelines and leadership initiatives in the upcoming weeks. MHHC Enterprises operates various subsidiaries and aims to improve consumer asset protection through value-added warranties.
MHHC Enterprises has successfully transitioned to the OTCQB Venture Market, enhancing its visibility and liquidity. This milestone follows years of investment to meet regulatory requirements, including three years of audited financials. The company aims to expand further by launching new websites, mobile applications, and products. CEO Frank Hawley emphasized the significance of this transition in broadening the investor base and improving transparency. MHHC operates in various sectors, focusing on warranty and service contracts through over 1,000 retail locations across the U.S.
MHHC Enterprises has filed an application with OTC Markets Group to uplist from the OTC Pink market to the OTCQB market as of March 29, 2022. This move aims to enhance investor transparency. CEO Frank Hawley expressed enthusiasm about the application and looks forward to the review process. MHHC is a diversified holding company involved in warranty services and has a robust presence across 1,000 retail locations. The company specializes in offering warranty support solutions specifically for various industries, including HVAC.
MHHC Enterprises announced the retirement of 30,000,000 shares of its common stock as of March 18, 2022. This strategic move aims to enhance the company's share structure ahead of its upcoming Regulation A offering. CEO Frank Hawley stated this reduction will facilitate greater investor participation and increase existing shareholders' ownership percentage. MHHC operates in warranty and services, with over 1,000 retail locations across the U.S., prioritizing cost-effective warranty solutions for various industries.
MHHC Enterprises has announced plans to uplist its stock from OTCPINK to the OTCQB Venture Marketplace, enhancing transparency and compliance. This strategic move follows the approval of their Reg-A Tier 2 Offering, aimed at boosting investor confidence. The company is also investing in its e-commerce platform, ONBLi, with plans to integrate new skincare brands and a warranty services portal. CEO Frank Hawley expressed optimism about the company's future in the public markets.
MHHC Enterprises (OTC PINK:MHHC) provided a shareholder update highlighting its progress in 2021. The company focused on growing its subsidiaries, distributing stock dividends, and preparing for a Reg-A offering, while enhancing its management team.
CEO Frank Hawley noted the hiring of a new CFO, completed audits, and advancements in operations including ONBLi and warrantyyourworld.com. MHHC aims to add value in 2022 with joint ventures and continuous growth in its service and warranty sectors.
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