News
Cosmos Holdings, Inc. Establishes its Advisory Board and Adds Orestes Varvitsiotes as its Initial Member
Cosmos Holdings, Inc., announced that Orestes Varvitsiotes has been appointed as the initial board member of its Advisory Board of Directors. Mr. Varvitsiotes is currently working with Aegis Capital Corp. in New York. He is a wealth management professional with more than 25 years of experience in the capital markets. His experience extends in various fields of the financial industry such as financial consulting, portfolio management, trading and capital raising. Cosmos Holdings CEO Gregory Siokas commented, "As the company grows we ...
Cosmos Holdings, Inc. Adds John J. Hoidas to Its Board of Directors
Cosmos Holdings, Inc, announced that John J. Hoidas has been appointed to the Company's board of directors, expanding the board to four members. Mr. Hoidas is currently a senior vice president with Uhlmann Price Securities in Chicago. He is a wealth management professional with extensive experience in the capital markets. He has raised capital for late stage pre-IPO companies such as Organovo (ONVO), Invivo Therapeutics (NVIV) and Matinas BioPharma (MTNB) to name a few. Cosmos Holdings CEO Gregory Siokas commented, "I am ...
Business Results Q3 of 2016
Sales and operating margins continue to improve from Q2 to Q3 of FY 2016. Strong earnings growth reported in the third quarter of FY 2016 over the previous quarter. Sales increased from $956k to $1,414k from Q2 2016 to Q3 2016 respectively, an over 47% increase. The increase was due to organic growth in the sales from our subsidiary Sky Pharm SA. Gross operating margins also improved from Q2 2016 to Q3 2016. Cosmos Holdings was successful in raising ...
Cosmos Holdings enters into a Memorandum of Understanding to acquire Medihelm Pharmaceutical Wholesellers SA
On October 19, 2016, the Cosmos Holdings entered into a Memorandum of Understanding with Medihelm Pharmaceutical Wholesellers SA and each of Konstantinos Metsovitis and Eleni Metsoviti. The Medihelm MOU provides that the Company intends to acquire all of the issued and outstanding shares of Medihlem from Konstantinos Metsovitis in exchange for 200,000 shares of the Company’s common stock. Upon the closing of the transactions, Eleni Metsoviti shall be appointed as a member of the Board of Directors of ...
Cosmos Holdings enters into a Memorandum of Understanding to acquire Decahedron LTD
On October 18, 2016, Cosmos Holdings Inc., a Nevada corporation entered into a Memorandum of Understanding with Decahedron LTD and Decahedron’s sole shareholder Nikolaos Lazarou. The Decahedron MOU provides that the Cosmos Holdings intends to acquire all of the issued and outstanding shares of Decahedron from Nikolaos Lazarou. In exchange for the shares of Decahedron, the Company will issue to Nikolaos Lazarou 1,700,000 shares of the Cosmos Holding’s common stock. Following the closing of the transaction, Nikolaos ...
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