Homeland Resources Ltd (OTCMKTS: HMLA) is making an explosive move up the charts after the Company announced it has now achieved “pink current” status on OTCMarkets. The culmination of several months work behind the scenes, form 10-12G A-4 has been accepted by the SEC and, as a result, its stock will go effective as a registered security allowing for electronic trading as OTC Pink current. HMLA has skyrocketed on the news speaking to its low OS of just 36,082,036 shares outstanding.
HMLA has a number of investments currently bringing significant value to the Company; HMLA owns 100% of KANAB CORP. owner and operator of Kanab Club ), a health and wellness cannabis social network. They own 19.9% of GenBio, Inc., a biotechnology company specializing in the development of a completely new generation of more efficacious, less toxic, novel, and disruptive pipeline of medicines for the treatment of inflammatory conditions. They also own 19.9% of The Agrarian Group LLC ), a provider of digital intelligence software called “AgtechDi” designed from its granted patents to optimize the food supply chain by increasing food safety and profitability for growers who operate vertical farms, greenhouses, converted shipping containers, and other forms of controlled environment agriculture.
Homeland Resources Ltd (OTCMKTS: HMLA) is a publicly traded company operating out of Chicago, Ilinois focused on acquiring unique companies that drive shareholder value. The Company invests and provides expansion capital for companies and technologies in multiple sectors with a focus on health and wellness. Himalaya Technologies has a number of interests which, besides other planned acquisitions and investments under negotiation, support its plan to become a center for Health & Wellness.
The Company has launched its wholly owned cannabis social network “Kanab Club” (https://www.kanab.club/) out of open beta. After several months of closed and open testing, the site has been proven to be stable and scalable and is now ready to layer on additional functionality. The business’ programmers have completed an invite engine for subscriber contacts, a friend recommendation engine, messaging functionality, public and private feeds, a general chat forum (“Hotbox”; https://discord.gg/2HxqKNMWPd) interconnecting with Discord, and third-party interconnections including Weedmaps (https://weedmaps.com/). Going forward, management is budgeting development of a stock chat room, blogging, 420 dating, e-commerce, and iOS and Android apps, much of which is targeted for completion in phases by the end of 2022. These and other potential future modules and features are being designed to drive traffic to the site. The Company is also in discussions with strategic partners in the B2C and B2B space to further differentiate the site and add scope and scale to set the stage for future monetization.
— A617 (@redcardinal617) April 8, 2022
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HMLA owns 100% of KANAB CORP. owner and operator of Kanab Club (https://www.kanab.club/), a health and wellness cannabis social network under design and being built to become a leading destination for cannabis information and community,
19.9% of GenBio, Inc. (https://genbioinc.com/), a biotechnology company specializing in the development of a completely new generation of more efficacious, less toxic, novel, and disruptive pipeline of medicines for the treatment of inflammatory conditions. Utilizing GenBio’s expertise in rare native extracts, management intends to launch the “FOMO CAN” that will be formulated to provide maximum immune support benefits (backed by science) nationwide to consumers.
19.9% of The Agrarian Group LLC (https://www.theagrariangroup.com/), a provider of digital intelligence software called “AgtechDi” designed from its granted patents to optimize the food supply chain by increasing food safety and profitability for growers who operate vertical farms, greenhouses, converted shipping containers, and other forms of controlled environment agriculture.
On April 7, 2022, Himalaya’s affiliate FOMO CORP. (OTC: FOMC), which owns 28% of our share structure, closed on a $15,000 common stock investment in GenBio, Inc. (https://genbioinc.com/) bringing its total cash investment in the Company to $65,000. This includes 65,000 shares and a $25,000 venture debt position convertible into 25,000 additional shares at a $10 million valuation. FOMO may assign this investment to our Company. GenBio is currently formulating a proprietary liquid with anti-inflammatory and reduced blood pressure benefits. When completed, Himalaya, which owns 19.9% of GenBio, intends to launch a canned beverage under the “FOMO” brand with a national beverage company. The FOMO brand has been trademarked for the beverage market in the United States.
On April 7 HMLA announced its Form 10-12G A-4 has been accepted by the SEC and, as a result, its stock will go effective as a registered security allowing for electronic trading as OTC Pink current. The anticipated effectiveness is the culmination of several months of work with regulators providing disclosures to investors including multiple amendments. As a result, HMLA will be a fully reporting stock bypassing the unaudited alternative reporting requirements of the OTCMARKETS.
Said Vik Grover, CEO: “We worked hard since June 2021 to bring this vehicle current. It is time to leverage Himalaya for what we envision for its affiliate FOMO CORP. (OTC: FOMC), to become “CMGI.2.0” and incubate, spin-out/off, and create value.”
— Chase (@ChaseMacTrades) April 7, 2022
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Currently making a powerful move to the upside HMLA has 36,082,036 shares outstanding. The stock has runner in its blood popping from current levels to over $0.05 in summer 2021. Currently under heavy accumulation HMLA has quickly attracted a significant shareholder who believes this one goes much higher. We will be updating on HMLA when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with HMLA.