OM Holdings International (OMHI) Announces Onemart Convenience…


Construction Has Begun on the First Store in Tortola, BVI

Store Anticipated to Open by Christmas 2021

Company Will Open More Convenience Stores in 2022

MIAMI, FL / ACCESSWIRE / August 3, 2021 / OM Holdings International Inc. (OTC PINK:OMHI) an owner and operator of super merchandising stores and delivery services in the Caribbean with a proprietary mobile app, today announced the formation of OneMart convenience stores and the construction of the first OneMart convenience store in Baughers Bay, Tortola, BVI.

The company signed a 25-year lease on the Baughers Bay property and will open a 3000 square foot store in November 2021, taking advantage of the Christmas shopping season. The store will offer smaller SKUs of OneMart super store merchandise alongside a small bakery, pizzeria and delicatessen.

Few new stores have opened in the British Virgin Islands in recent years, creating an opportunity for OneMart to expand its presence nationally. Some locations targeted by OneMart are better suited for small-format stores, which can be readily opened on rented property. OneMart will open its first convenience store near its flagship location, and duplicate the processes developed for additional small-format stores throughout BVI.

“Our concept is to service our customers with convenience store products, both in-store or delivered right to their doorsteps, to make shopping as easy as possible for our customers, and to integrate our location into their communities and neighborhoods,” said Mark Vanterpool, President and CEO of OMHI. Our store is located in a densely populated area near several large apartment buildings and many individual homes, as well as two schools, churches and a public works office. We feel residents, students, visitors and people working near our new OneMart convenience store will benefit from the ease with which they can quickly purchase fresh food and other merchandise.” Our increased store footprint will improve our buying power, with more sales volume, translating to higher profits.

OMHI already has two stores under construction on Tortola, a 22,000 square foot OneMart super store slated to open in December 2021, in Fat Hogs Bay, and a Builders Depot store expected to open in third quarter 2022, while management continues to evaluate new sites for additional super stores and convenient community stores

With its new technology subsidiary, Rydeum Caribbean, Inc., and its new stores, the nine months ended May 31, 2021, has seen the largest expansion program in company history. Management anticipates increased revenue from these activities by fiscal year end August 31, 2022.

About OM Holdings International, Inc.

OM Holdings International, Inc. (OTC: OMHI), founded in 1986 in the British Virgin Islands (BVI) by Mark Vanterpool, operates delivery services and grocery stores in the Caribbean, with a mobile application delivery platform that provides an expedient, contactless option for the transportation of people and essential goods. The company’s storefront, OneMart, is the second-largest grocery store in the BVI. OHMI’s delivery subsidiary, Rydeum, founded by Mark Hannah in 2019, has partnered with Jamacia’s largest taxicab union to provide an Uber Eats delivery service model to Jamaican consumers. The company also provides lumber and other construction supplies to contractors throughout the Caribbean. For more information please visit https://omholdingsinc.com/.

Forward-Looking Statements

With the exception of the historical information contained in this news release, the matters described herein, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed herein for a variety of reasons that are outside the control of the company, including, but not limited to, the company’s ability to raise sufficient financing to implement its business plan, the impact of the COVID-19 pandemic on the company’s business, operations and the economy in general, and the Company’s ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward- looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the company’s filings with the SEC, which are available at the SEC’s website (www.sec.gov). The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations

Michael J. Porter, President
Porter, LeVay & Rose, Inc.
T: (973) 865-9357
E: mike@plrinvest.com
LinkedIn@PlRinvest

SOURCE: OM HOLDINGS INTERNATIONAL, INC.

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OM Holdings International, Inc. Announces its East End Onemart…


Construction of Super Store is Approximately 80% Complete Super Store in Fat Hogs Bay (East End BVI) Anticipated to Open by December 2021

MIAMI, FL / ACCESSWIRE / July 29, 2021 / OMI Holdings International Inc. (OTC:OMHI) an owner and operator of super merchandising stores in the Caribbean, today announced its two stores under construction is anticipated to be completed and open; one by year-end and the second store, by the second quarter of 2022. The Fat Hogs Bay (East End BVI) store, which comprises 22,000 square feet, is approximately 80% completed: the sub level and the main floor structure are complete, the elevator shafts have been installed and the build out of the store is expected to soon commence. The Fat Hogs Bay store is a unique retail location with a substantial amount of selling space with total accessibility for disabled customers. The store will occupy a main floor and a sub level: 12,000 square feet of the main level will be devoted to produce, meat and dairy, household goods, laundry supplies and general merchandise, including personal products and health and beauty aids. The sub level will display furniture, appliances, and household goods.

On May 20, 2021, the company announced the formation and start of construction of OM Builders Depot Store in British Virgin Islands. This store, located in Road Town in Port Purcell, Tortola, BVI, is approximately 20% complete. The sand silos are completed. The 15,000 square foot store, which also has outside acreage, is for building materials; including hardware, tools, home appliances, cement products, paint, plumbing supplies and other products and services required by builders and contractors. The store will also sell rebars, gravel, sand, and blocks. The store will service contractors and builders. OM Builders Depot will open by the second quarter of 2022.

The company’s first store, One Mart, reported revenue for the fiscal year ended August 31, 2020 of $28 million dollars and $1.5 million in net profit. Founded in 1986, OneMart has grown over the years to be the second largest store in the British Virgin Islands. OneMart company remained steady even during the 2020/2021 covid-19 pandemic.

“Although the pandemic has slowed down the availability of building materials, we are still confident we will open the store in December and be ready for the Christmas holidays,” said Mark Vanterpool, CEO of OM Holdings International, Inc. “I would like to thank all the local vendors and contractors who have been extremely helpful during the pandemic so we can open in December 2021. We are incredibly pleased with our progress, which is thanks to our great management team. We are aggressively looking at several additional sites for new stores.”

On May 18, 2021, OM Holdings International announced it had completed a reverse merger and had become profitable with the acquisition of OneMart, the second-largest grocery and merchandise store in BVI.

About OM Holdings International, Inc.

OM Holdings International, Inc. (OTC: OMHI), founded in 1986 in the British Virgin Islands (BVI) by Mark Vanterpool, operates delivery services and grocery stores in the Caribbean, with a mobile application delivery platform that provides an expedient, contactless option for the transportation of people and essential goods. The company’s storefront, OneMart, is the second-largest grocery store in the BVI. OHMI’s delivery subsidiary, Rydeum, founded by Mark Hannah in 2019, has partnered with Jamaica’s largest taxicab union to provide on-demand transportation and delivery to Jamaican consumers. The company also provides lumber and other construction supplies to contractors throughout the Caribbean. For more information please visit https://omholdingsinc.com/.

Forward-Looking Statements

With the exception of the historical information contained in this news release, the matters described herein, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed herein for a variety of reasons that are outside the control of the company, including, but not limited to, the company’s ability to raise sufficient financing to implement its business plan, the impact of the COVID-19 pandemic on the company’s business, operations and the economy in general, and the Company’s ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward- looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the company’s filings with the SEC, which are available at the SEC’s website (www.sec.gov). The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations:

Michael J. Porter, President
Porter, LeVay & Rose, Inc.
T: (973) 865-9357
E: mike@plrinvest.com
LinkedIn@PlRinvest

SOURCE: OM HOLDINGS INTERNATIONAL, INC.

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OM Holdings International, Inc. (OMHI) Reports Continued…


Company Maintains Profitability over $1 Million Despite Effects of COVID

New Company Superstores on Target for Completion in 2021

Over the Next 12 Months, Company Expects to Add $5 Million in Revenue and Over $500,000 in Operating Profits from New Stores

MIAMI, FL / ACCESSWIRE / July 20, 2021 / OneMart grocery and retail stores, and Builders Depot, in the Caribbean today announced its results for the third quarter, which ended on May 31, 2021.

Although government pandemic regulations were put into effect during the first quarter, OMHI retained all employees and was able to fully-service all customers, either in-store or via delivery, and provide them with the high-quality goods and services they expect from OneMart.

The company greatly expanded its marketing initiatives during the third quarter and nine months ended May 31, 2021 and is already seeing increases in its business from these programs, especially in the charter boat and luxury yacht market; historically, this is the largest expansion program undertaken by the company.

During the nine months ended May 31, 2021, OMHI announced the construction of two new stores in the British Virgin Islands; in addition to these new stores, management is considering four additional sites for new superstores. With its new technology subsidiary, Rydeum Caribbean, Inc., and its new stores, the nine months ended May 31, 2021, has seen the largest expansion program in company history. Management anticipates increased revenue from these activities by the end of the fiscal 2022.

THIRD QUARTER/NINE MONTHS RESULTS

  • The company’s nine months sales performance compared to fiscal year ended August 31, 2020, was lower by 4% despite the negative effects of Covid-19 pandemic on the economy during the nine months reporting period. The third quarter reflected less than 1% difference. This demonstrates the resilient nature of the business even during such a pandemic.

  • For the third quarter ended May 31, 2021, sales revenue reached $7,361,292 as compared to $7,421,909 for the same prior year period; for the nine months ended May 31, 2021, revenue reached $20,629,528 as compared to $21,493,749 for the same prior year period.

  • The net Income for nine months which exceeded $1 million, reflected a 5% decrease over the previous year because of the COVID pandemic effect.

  • For the nine months ended May 31, 2021, shares were 47,101,422, as compared to 44,400,596 the same prior year period.

BUSINESS UPDATE

Significant progress has been made at both new stores under construction. The construction of OMHI’s new 34,000 square foot supermarket in Fat Hogs Bay (East End) British Virgin Islands (BVI) is expected to be completed by the end of 2021. The store will be similar to the company’s first store, but larger so it can offer even more goods, including food, clothing, appliances, furniture, electronics and general household items – everything shoppers need for one stop shopping. It will provide adequate parking compared to its competitors in the area.

The company’s new store concept, OM Builders Depot, will be in Port Purcell, near the main port and the capital Road Town on Tortola, BVI. OM Builders Depot will comprise 15,000 square feet and will provide building materials, hardware and tools, home appliances, cement, paint and plumbing supplies to builders and contractors. White sand, gravel, rebars, blocks and lumber will be available for purchase outside the building.

OMHI has signed a long-term lease on an acre of property for the Builders Depot store – its land costs are minimal, and the company expects significant profits and growth from this store. Builders Depot is 200 feet from the first OneMart and several miles from the new store, where construction is underway. OM Builders Depot building, and inventory will cost $3 million. This store is expected to add $5 million in sales to the OMHI Group in the first 9 months (December 2021 – August 2022) and over $500,000 dollars in operating profits.

Rydeum Caribbean, Inc. has a regional exclusive software license and IT managed services agreement with Rydeum Technologies, Inc., based in Atlanta, GA. These exclusive agreements allow Rydeum Caribbean, Inc. to efficiently launch LODE-TECH in Jamaica and in 27 additional Caribbean countries. Rydeum Technologies, Inc. is in the process of applying for three U.S. patents for a novel decentralized architecture which will have the ability to power multiple Local On-Demand Economies, allowing local businesses to easily onboard and enable customers to obtain transportation, delivery, and professional services via a single mobile app.

OMHI will vertically integrate Local-On-Demand Economy (LODE) technologies to power the purchase and delivery of retail merchandise and services for all customers throughout the Caribbean. Via Rydeum’s DoGetGo app, customers will be able to shop at the company’s stores from their smartphones have their purchases delivered; the app also enables both residents and visitors to get around the island by car. On July 12, 2021, OMHI announced Rydeum Caribbean Inc. has signed a five-year contract with the Jamaican Union of Travelers Association (JUTA) and its 12,000 members.

“In spite of the pandemic, which severely hurt the Caribbean economy, our results demonstrate our team’s ability to maintain the provision of our premier service to all of our customers,” said Mark Vanderpool President & CEO of OM Holdings International, Inc. “With our new marketing and buying initiatives, we anticipate improved results by year-end.”

“We are launching DoGetGo in Jamaica, and we expect to roll the app out throughout the Caribbean,” Mr. Vanterpool continued. “We are confident the mobile app will significantly increase business from our current customers and from new customers, and we expect to see additional B2B and B2C transactions. The technology agreement, DoGetGo, the JUTA contract, and the opening and operation of our new stores should make fiscal 2022 the beginning of dramatic growth for OMHI for years to come.”

About OM Holdings International, Inc.

OM Holdings International, Inc. (OTC PINK:OMHI), founded in 1986 in the British Virgin Islands (BVI) by Mark Vanterpool, operates delivery services and grocery stores in the Caribbean, with a mobile application delivery platform that provides an expedient, contactless option for the transportation of people and essential goods. The company’s storefront, OneMart, is the second-largest grocery store in the BVI. OHMI’s delivery subsidiary, Rydeum, founded by Mark Hannah in 2019, has partnered with Jamacia’s largest taxicab union to provide an Uber Eats delivery service model to Jamaican consumers. The company also provides lumber and other construction supplies to contractors throughout the Caribbean. For more information, please visit https://omholdingsinc.com/.

Forward-Looking Statements

With the exception of the historical information contained in this news release, the matters described herein, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed herein for a variety of reasons that are outside the control of the company, including, but not limited to, the company’s ability to raise sufficient financing to implement its business plan, the impact of the COVID-19 pandemic on the company’s business, operations and the economy in general, and the Company’s ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward- looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the company’s filings with the SEC, which are available at the SEC’s website (www.sec.gov). The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations

Michael J. Porter, President
Porter, LeVay & Rose, Inc.
T: (973) 865-9357
E: mike@plrinvest.com
LinkedIn@PlRinvest

SOURCE: OM HOLDINGS INTERNATIONAL, INC.

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OM Holdings International, Inc., Wholly Owned Subsidiary: Rydeum…


Rydeum Will Soon Launch its First Mobile App, DoGetGo, in Montego Bay, Jamaica

Rydeum is Filing Three U.S. Patent Applications for a Decentralized B2C Local On-Demand Technology (LODE-TECH) Platform

Rydeum States Decentralized LODE-TECH Platform Will Be Exported to Other Caribbean Countries in 2022

MIAMI, FL / ACCESSWIRE / July 13, 2021 / OM Holdings International Inc. (OTC PINK:OMHI), an owner and operator of OneMart super merchandising stores and Builders Depot in the Caribbean, and the parent of its wholly owned subsidiary Rydeum Caribbean, Inc., of British Virgin Islands has signed its first business to business (B2B), Local On-Demand Technology (LODE-TECH) contract, with the largest taxicab company in Jamaica. Rydeum Caribbean, Inc., which was acquired from Rydeum Technologies, Inc., for an undisclosed amount of cash and stock, is developing a platform to connect multiple established businesses with local consumers through an on-demand mobile app.

Rydeum Caribbean, Inc. has a regional exclusive software license and IT managed services agreement with Rydeum Technologies, Inc., based in Atlanta, GA. These exclusive agreements allow Rydeum Caribbean, Inc. to efficiently launch LODE-TECH in 27 additional Caribbean countries at a fairly rapid pace. Rydeum Technologies, Inc. is in the process of applying for three U.S. patents for a novel decentralized architecture which will have the ability to power multiple Local On-Demand Economies, allowing numerous local businesses to onboard and many customers to obtain transportation, delivery, and professional services via a single mobile app.

“This acquisition helps us navigate the competitive environment in several ways,” said OMHI CEO Mark Vanterpool. “We can continue to bring the highest quality products, services and convenience to our existing and future customers. This is now at their fingertips through their smartphones. The technology will help us to gain efficiencies, increase our strategic options, reduce our costs and substantially increase our profits.”

OMHI will vertically integrate Local-On Demand Economy (LODE) technologies to power the purchase and delivery of retail merchandise and services for all of its customers. Via the app DoGetGo, customers will be able to shop OMHI superstores and the company’s Builders Depot from their phones and have these purchases delivered. It supports less expensive ordering and delivery from restaurants, which have struggled to profitably offer delivery services. The app also enables people, both residents and visitors, to get around by car.

In Jamaica, Rydeum executed a 5-year contract with the Jamaican Union of Travelers Association (JUTA), a not-for-profit organization based in Montego Bay. JUTA, founded in 1960 with 50 drivers, now boasts 12,000 drivers. Rydeum Caribbean will receive a percentage of gross bookings from JUTA that is typical for mobile app providers in the transportation industry. Rydeum’s relationship with JUTA will position the company to expand beyond transportation into delivery and other professional services that require drivers in Jamaica.

“It is our intention to roll out DoGetGo throughout the Caribbean,” Mr. Vanterpool added. “We have begun to establish the app in Jamaica, and we expect to see a significant increase in business thanks to the app, as numerous sources suggest that JUTA has 70% market share of the $120 million (pre-Covid-19) Jamaican taxicab industry. This is the first agreement between a taxicab union and a mobile app technology provider in the region, and we’re thrilled to be at the vanguard of contactless transportation and delivery in the Caribbean.”

As part of the agreement, the Rydeum team will train JUTA employees and users to help ensure the seamless integration and adoption of DoGetGo as part of JUTA’s current model.

The Rydeum platform can be adapted for many business-to-consumer (B2C) and peer-to-peer (P2P) business needs, and OMHI intends to approach third-party vendors in Jamaica to expand the use of DoGetGo throughout the country.

On May 20, 2021, the company announced the formation and start of construction of OM Builders Depot in British Virgin Islands; on May 25, 2021, the company announced it has broken ground on its second location, a 34,000 square foot supermarket in Fat Hogs Bay (East End) British Virgin Islands (BVI).

About OM Holdings International, Inc.

OM Holdings International, Inc. (OTC PINK:OMHI), the holding company of OneMart, founded in 1986 in the British Virgin Islands (BVI) by Mark Vanterpool, operates delivery services and grocery stores in the Caribbean, with a mobile application delivery platform that provides an expedient, contactless option for the transportation of people and essential goods. The company’s storefront, OneMart, is the second-largest grocery store in the BVI. OMHI will also provide lumber and other construction supplies to contractors throughout the Caribbean. OMHI’s delivery subsidiary, Rydeum (DoGetGo), founded by Mark Hannah in 2019, has partnered with Jamacia’s largest taxicab union to provide a contactless service model to Jamaican tourists and residents. For more information, please visit https://omholdingsinc.com/.

Forward-Looking Statements

With the exception of the historical information contained in this news release, the matters described herein, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed herein for a variety of reasons that are outside the control of the company, including, but not limited to, the company’s ability to raise sufficient financing to implement its business plan, the impact of the COVID-19 pandemic on the company’s business, operations and the economy in general, and the Company’s ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward- looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the company’s filings with the SEC, which are available at the SEC’s website (www.sec.gov). The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations

Michael J. Porter, President
Porter, LeVay & Rose, Inc.
T: (973) 865-9357
E: mike@plrinvest.com
LinkedIn
@PlRinvest

SOURCE: OM HOLDINGS INTERNATIONAL, INC.

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OMHI – OneMart Announces Construction of New 34,000 SQ. FT. Super…


MIAMI, FL / ACCESSWIRE / May 25, 2021 / OM Holdings International, Inc. (OTC PINK:OMHI), an operator and manager of OneMart super merchandising stores in the Caribbean, today announced it has broken ground on its second location: the construction of its 34,000 square foot supermarket in Fat Hogs Bay (East End) British Virgin Islands (BVI) and will be completed by the end of 2021. The store will be located on 5 acres, which will give the company ample room for expansion; the property has a 50-year lease and offers ample parking. The store will be similar to the company’s first store, but larger so it can offer even more goods, including food, clothing, appliances, furniture, electronics and general household items – everything shoppers need for one stop shopping. OM Holdings International, Inc. was founded in 1986 in BVI by Mark Vanderpool.

There will be groceries and cash and carry, appliances, household items and electronics, furniture and accessories available. The news of the Fat Hogs Bay store follows OM Holdings’ November 27, 2020 announcement of its plans to expand to Fat Hogs Bay, the U.S. Virgin Islands and to other countries.

The company’s first store, OneMart, reported revenue for the year ended December 31, 2020 of $28 million dollars and $3.8 million in operating profits. Since it was completed in 1986 the store has seen year over year growth, even during 2020 during the global Covid-19 pandemic. The first OneMart, located in Road Town in Port Purcell, Tortola, is one of the leading food service providers for residents and tourists, as well as for hotels, restaurants, charter boats and yacht provisioning. Management has developed a plan based on the success of OneMart to open a number of stores throughout the Caribbean.

“OM Holdings, Inc. combines the strength of a leading Caribbean retail store with a highly experienced management team, and we expect to significantly expand and grow the company over the next few years,” said Mark Vanterpool, Chairman of OM Holdings. “With construction underway our management team is aggressively looking for several additional sites in the Caribbean to build comparable stores. Prior to the virus, BVI alone had 400,000 visitors who stayed an average of seven days; coupled with a population of 50,000 permanent residents, this makes BVI very attractive for growth.

About OM Holdings International, Inc.
OM Holdings International, Inc. (OTC PINK:OMHI) operates delivery services and grocery stores in the Caribbean. The company’s storefront, OneMart, is the second-largest grocery store in the BVI. The company also provides lumber and other construction supplies to contractors throughout the Caribbean. For more information please visit https://omholdingsinc.com/.

Forward-Looking Statements
With the exception of the historical information contained in this news release, the matters described herein, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed herein for a variety of reasons that are outside the control of the company, including, but not limited to, the company’s ability to raise sufficient financing to implement its business plan, the impact of the COVID-19 pandemic on the company’s business, operations and the economy in general, and the Company’s ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward- looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the company’s filings with the SEC, which are available at the SEC’s website (www.sec.gov). The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations
Michael J. Porter, President
Porter, LeVay & Rose, Inc.
T: (973) 865-9357
E: mike@plrinvest.com

SOURCE: OM HOLDINGS INTERNATIONAL, INC.

View source version on accesswire.com:
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OM Holdings International, Inc. (OMHI) Announces Formation and…


Builders Depot Store Will Cater to Building and Construction Industry in the Caribbean

Construction Commenced March 2021 Adjacent to Company’s Flagship OneMart Store

Store Will Comprise 15,000 Sq. Ft. and Outside Acreage for Raw Material Use

MIAMI, FL / ACCESSWIRE / May 20, 2021 / OM Holdings International, Inc. (OTC PINK:OMHI), an operator and manager of OneMart super merchandising stores in the Caribbean, today announced it has begun construction on a new store, its second within a month, with construction expected to be completed by the end of this year.

OM Builders Depot costing $4 million is expected to add $5 million in Sales to the OMHI Group in the first 12 months with $1 million in operating profits.

OM Builders Depot will comprise 15,000 square feet and will provide building materials, hardware and tools, home appliances, cement, paint and plumbing supplies to builders and contractors, white sand, gravel, rebars, blocks and lumber will be available for purchase outside the building.

OMHI has signed a long-term lease on an acre of property for the Builders Depot store – its land costs are minimal, and the company expects significant profits and growth from this property alone. Builders Depot is 200 feet from the first OneMart and several miles from the new store, where construction is underway. OM Holdings International, Inc. became a holding company of K-Mark’s Foods (1996) Limited, which originated from a company founded in 1986 in the BVI by Mark Vanterpool and family.

“We are expecting explosive growth in the Caribbean, and we see extremely high demand for this kind of an enterprise,” said Mark Vanterpool, President and CEO, who founded K-Mark’s Foods (1996) Limited, a subsidiary of OM Holdings International, Inc. since 2020. “I am very excited about expanding our business throughout the Caribbean, and I look forward to building a number of these stores. I also want to express my appreciation for our management team, which has outperformed the board’s expectations. We now have two stores under construction, and we are looking for three more store sites in other parts of the Caribbean.”

Since 2017 building regulations in the Caribbean have changed dramatically, with the entire area following specifications developed in the USA. Even during the ongoing COVID-19 pandemic, the real estate activity in the Caribbean is seeing a strong recovery and now, with the pandemic beginning to ebb, international purchasers and resort development have increased their activities, with many purchasing second and even third properties, which bodes well for the region’s construction industry.

About OM Holdings International, Inc.

OM Holdings International, Inc. (OTC: OMHI) operates delivery services and grocery stores in the Caribbean. The company’s storefront, OneMart, is the second-largest grocery store in the BVI. The company also provides lumber and other construction supplies to contractors in the BVI and soon throughout the Caribbean. The company intends to be at the vanguard of the intersection of retail and LOCAL ON-DEMAND ECONOMY TECHNOLOGY (LODETECH) for emerging markets like the Caribbean.

Forward-Looking Statements

With the exception of the historical information contained in this news release, the matters described herein, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed herein for a variety of reasons that are outside the control of the company, including, but not limited to, the company’s ability to raise sufficient financing to implement its business plan, the impact of the COVID-19 pandemic on the company’s business, operations and the economy in general, and the Company’s ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward- looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the company’s filings with the SEC, which are available at the SEC’s website (www.sec.gov). The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations
Michael J. Porter, President
Porter, LeVay & Rose, Inc.
T: (973) 865-9357
E: mike@plrinvest.com

SOURCE: OM HOLDINGS INTERNATIONAL, INC.

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OM Holdings International Completes Reverse Merger and Becomes…


MIAMI, FL / ACCESSWIRE / May 18, 2021 / We welcome you to OM Holdings International, Inc. (OTC PINK:OMHI). Our company began with the purchase of a public company, Portage Resources, Inc. (Portage), which was incorporated under the laws of the State of Nevada in 2006. In July 2020, as part of a restructuring, all the assets and liabilities of Portage were sold off. We then acquired K-Mark Foods, the holding company for One Mart, a 35-year-old grocery and merchandise store founded by Mark Vanterpool in 1986. In 2020, the company entered into an agreement to complete a reverse merger, and Mr. Vanterpool was appointed a director and CEO of the new company, OM Holdings International, Inc.

One Mart is the second largest grocery and merchandise store in the British Virgin Islands (BVI). The store offers its many customers groceries, home goods, electronics, furniture and some buildings supplies; it also sells wholesale products to restaurants and hospitality venues and caters to small businesses, similar to Costco and Sam’s Club stores. The store has been profitable for 35 years and has grown nearly every year since it was founded. One Mart revenue for the fiscal year ended August 31, 2020 was $28.2 million, with $1.6 million in operating profit, versus revenue of $27.2 million and $598,000 in operating profit in 2019.

To date, our company has outperformed profitable industry metrics: stores like One Mart in the USA have an average profit margin between 2.12 percent and 2.49 percent, while One Mart has yielded more than 6.6 percent. Even during the Covid-19 pandemic, we enjoyed a 5.5 percent profit margin.

Over the last several months our management team and board of directors have put a five-year growth plan in motion, and we expect to build and open additional stores, not only in the BVI, but throughout the Caribbean. The locations we are considering are all located in densely populated areas, and we expect some of the new stores to be much larger than our first store. These retail centers will also serve as logistic hubs throughout the Caribbean. These logistics hubs will help to reduce consumer prices for the 42.7 million residents of the Caribbean. We are currently building a new store, and we are drafting plans for at least two more stores to be built within the next 12 months. We anticipate we will have news to communicate with you as these new stores are opened and new sites negotiations reach a fruitful conclusion.

We are also exploring the possibility of expanding into building materials to give our retail and commercial customers additional products and services. Our philosophy is that store sales are driven by empowering people to access products of all kinds through physical purchases and technology. Our product mix in our first store provides our customers with affordable and accessible goods and services essential to their livelihoods.

Our management team, based in the Caribbean and in the United States, comprises professionals who have spent on average 20 years in the business and know how to build stores from first shovel to opening, on time and within budget, and their expertise in buying in greater volumes and high quality consistently satisfies our customers. This will also add value to our company’s bottom line.

We also anticipate transforming our business with technology. Covid-19 has accelerated worldwide demand for contactless payments, and over the next 12 months we expect to combine contactless logistics technology with our retail business to vertically integrate a LOCAL ON-DEMAND ECONOMY (LODETECH) within the Caribbean and other underserved markets. Our customers will be able to open our app on any mobile device, place an order for pick up or delivery. The convenience factor is a major marketing tool – we are excited about what this service will mean for busy families and retail organizations in the region. We will take charge of the supply chain, manage all logistics and associated costs to bring lower cost goods to island nations in the Caribbean. We envision LODETECH as a single platform for the provision of a comprehensive and ever-expanding range of direct services.

We are extremely excited about what is coming for our company, particularly as the expansion of our offering brings greater convenience and improved quality of life to customers throughout the Caribbean, where we expect to be at the vanguard of the intersection of retail and technology.

We’d like to close by sharing with you our mission statement: “OM Holdings International intends to become the leading provider of essential goods and services to the Caribbean basin over the next five years. This will be done by empowering the people of the Caribbean with access to a wide range of goods and services that are essential to their livelihood. The company will make goods and services affordable and available to all levels of communities. The company’s corporate citizenship will be clearly demonstrated by giving back to these communities, propelling a high standard of living with better employment, higher levels of education and investment in entrepreneurship.”

We intend to achieve this mission every quarter while bringing real value to our shareholders. We are thrilled at the prospect of what we believe we can accomplish.

DISCLOSURES
“Safe Harbor” This press release contains forward-looking statements including statements regarding the timing of the revenue from the partnership and the partnership’s success. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include consumer reaction to our products and new regulations which affect the distribution of these products. Further information on our risk factors is contained in our filings with the OTC Markets. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

CONTACT:

Michael Porter, Director of Investor Relations
Phone: 973-865-9357
Email: mporter@omholdingsinc.com

SOURCE: OM Holdings International, Inc.

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https://www.accesswire.com/647819/OMHI–OM-Holdings-International-Completes-Reverse-Merger-and-Becomes-Profitable-with-Acquisition-of-Second-Largest-Grocery-and-Merchandise-Store-in-BVI



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