Miami, FL -- August 23, 2022 -- InvestorsHub
NewsWire -- OM Holdings International Inc (OTCQX:
OMHI) is pleased to announce the grand opening of a new OneMart
Superstore on July 28th in Fat Hogs Bay, Tortola,
in the heart of the East End/Long Look area. The
25,000 square foot store has two levels, ample parking, and is the
most modern store in the British Virgin Islands. It
is designed to allow more levels to be quickly added for additional
warehousing of several new online-only products which, the company
plans to offer with its DoShop experience, within its DoGetGo Super
App, in the upcoming fiscal year.
Mark Vanterpool, CEO and Chairman of OM Holdings International
Inc., stated, "We continue to execute our business plan
to develop a network of modern stores across the
Caribbean which, will soon serve as warehouse hubs to offer
real-time delivery through our highly anticipated
DoGetGo Super App."
"These stores are a key component in creating a single
cross-border e-commerce platform connecting the 28 countries within
the Caribbean with its cumulative $ 400B GDP. Our
vision is to merge traditional brick and mortar stores with
e-commerce distribution technology into a seamless shopping and
delivery experience, which is currently not available in
most parts of the Caribbean. As we continue to open more stores, we
expect to see an exponential increase in revenues and profit
margins, as seen this fiscal year," added Mark Vanterpool.
"Also, with an updated world-class shopping
experience, our new stores will offer fresh, quality
food options, and innovative services that will allow customers to
choose how they shop, pay, and receive their products.
Customers will find signature features and conveniences they expect
from OneMart, with many new and expanded product selections,
including exciting new services. Additionally, the new store's
design elements will continue to complement the look and feel of
the surrounding neighborhoods," Mr. Vanterpool added.
"We are thrilled to bring a new OneMart store to Fat Hogs Bay,
which introduces customers to some exciting features and
departments. With an enhanced in-store experience and commitment to
top-quality service and selection, this new store is
tailored to serve the needs of this growing community and will
serve as a model for future stores that we plan to open in the
upcoming fiscal year. We plan to open another new
store within the next 120 days," concluded Mr. Vanterpool.
About OM Holdings International, Inc.
OM Holdings International, Inc. 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, has partnered with
Jamacia's largest taxicab union, JUTA. 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 Contact
Andrew Barwicki
516-662-9461 / andrew@barwicki.com