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Saturday, November 26, 2022

American International Holdings Corp (OTCMKTS: AMIH) On Watch as Healthcare Company Investor sells Epiq MD and Signs LOI to Sell ZipDoctor Inc

American International Holdings Corp (OTCMKTS: AMIH) is an exciting situation developing in penny stocks ever since the stock reversed off 52-week lows near $0.012. The Company has been busy divesting its assets recently selling 100% of Epiq MD for $300,000 as well as entering into an LOI to sell ZipDoctor Inc to Cosmos Holdings NASDAQ: COSM for a yet to be disclosed amount.  

AMIH is an SEC filer and fully reporting OTCQB and trades at a tiny market valuation with just 2.8 million shares outstanding currently although there is convertible debt on the books. The Company is extremally attractive to potential reverse merger candidates which certainly could be the plan considering they have already sold one of the primary assets and are negotiating to sell the other. 

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American International Holdings Corp (OTCMKTS: AMIH) is an investor, developer and asset manager of diversified, synergistic health and wellness businesses. Today, the AMIH portfolio encompasses telemedicine and other virtual health platforms, affordable subscriber-based primary care and concierge medicine plans, preventative care solutions and wellness related assets such as mental & behavioral health services, as well as its own proprietary life coaching platform. AMIH markets its various services through direct-to-consumer and business-to-business distribution channels. AMIH’s focus is on bringing to market technologies and solutions that advance the quality of life for the global community. 

AMIH operates 3 primary subsidiaries: 

Zip Doctor is a monthly subscription based online telemedicine platform providing customers with unlimited, 24/7 access to board certified physicians and licensed mental and behavioral health counselors and therapists. ZipDoctor’s online telemedicine platform will be available to customers across the United States and offers English and Spanish coverage with virtual visits taking place either via the phone or through a secured video chat platform. ZipDoctor customers will be able to subscribe through their website at www.ZipDoctor.co and are only required to pay a monthly fee, which is determined based on whether they are an individual, a couple, or a family. 

LifeGuru is a website dedicated to providing an online platform for a variety of life, executive, leadership and career coaches to connect directly to their customers and clients to provide coaching and mentorship services. Life Guru’s mission is to guide and empower people around the world to master their lives. LifeGuru coaches will have diverse backgrounds; specializing in Career, Health and Well-being, Executive, Leadership, and Personal Transformational Life Coaching. 

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On September 28 Cosmos Holdings NASDAQ: COSM announced it has entered into a non-binding letter of intent (LOI) agreement to wholly acquire ZipDoctor Inc. from American International Holdings Corp (AMIH). AMIH will continue to manage all aspects of the day-to-day operations of ZipDoctor including product development, marketing, and operational support. 

Greg Siokas, Chief Executive Officer of Cosmos Health stated: “We are enthusiastic about the addition of ZipDoctor to Cosmos Heath’s family of companies. The telehealth industry is set for strong growth, and we believe that ZipDoctor, with the proper investment from Cosmos, can become significant player in the space. Furthermore, we intend to expand on ZipDoctor’s current primary care and mental health service offerings to include the ability to speak to a doctor to seek additional medical treatments related to and including men’s and women’s health and wellness issues, weight loss and other similar treatments.” 
Jacob Cohen, CEO of American International Holdings Corp. stated: “We are excited to be working with the seasoned professionals at Cosmos. We believe the combination of AMIH’s expertise in the telehealth and pharmacy space and Cosmos’ experience in successfully developing and operating healthcare and wellness related businesses will serve as a powerful recipe for ZipDoctor’s future success. The telehealth space is a vibrant and growing field, and we are eager to begin working with Cosmos’ management team in further growing and developing the ZipDoctor brand.” 

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Currently trading at a sub 100,000 market valuation according to OTCMarkets AMIH OS is 2,809,885 with under a million in the public float. AMIH is an SEC filer and fully reporting OTCQB and is an extremally attractive potential reverse merger candidate which certainly could be the plan considering LifeGuru does not look to active and they have already sold one of the primary assets and are negotiating to sell the other. The stock has been getting noticed by penny stock speculators for its incredibly low market cap and tiny share structure.  We will be updating on AMIH on a daily basis so make sure you are subscribed to microcapdaily.com so you know what is going on with AMIH.

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Disclosure: we hold no position in AMIH either long or short and we have not been compensated for this article.

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