OMID Posts Third Quarter Financial Statements
OMID Holdings, Inc. (OTC Pink: OMID) released its unaudited financial statements for the third quarter, ending September 30, 2021. The company reported significant growth driven by its private label manufacturing operations. Chairman & CEO Adam Frank emphasized plans to enhance product types and manufacturing efficiency while maintaining quality and integrity. OMID specializes in developing health and wellness products, particularly those with cannabis extracts like CBD, at its FDA-registered facility in Phillipsburg, NJ.
- Significant growth reported in Q3 due to private label manufacturing.
- Plans for expansion of product types and manufacturing efficiency.
- None.
PHILLIPSBURG, N.J., Nov. 9, 2021 /PRNewswire/ -- Today, OMID Holdings, Inc. (OTC Pink: OMID) posted its Unaudited Financial & Disclosure Statements for the Three Months Ended September 30, 2021.
"As mentioned with the recent financial highlights: the third quarter was marked by aggressive growth which was primarily due to our operations as a private label manufacturer. We will continue to execute our overall plan, expanding OMID's capabilities with respect to product types and manufacturing efficiency while maintaining a steady commitment to quality, value, and integrity." stated Adam Frank, the Chairman & CEO of OMID Holdings, Inc.
About OMID Holdings, Inc.
OMID Holdings, Inc. is a publicly-traded (OTC Pink: OMID) Florida corporation which focuses on developing and manufacturing various health and wellness products at its FDA-registered manufacturing facility in Phillipsburg, NJ. With a diverse portfolio of product types, OMID specializes in formulations which contain cannabis extracts, primarily CBD, as well as other herbal ingredients. The company's objective is to provide quality, integrity, and value with notable consumer benefits derived from all of its finished goods. Acts 2:12.
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.
Adam Frank
Phone: +1 908-386-2880
Email: info@omidholdingsinc.com
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SOURCE OMID Holdings, Inc.
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