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The Profitable World of Extended Warranties, w/ an Eye on the Future of E-Commerce
The core focus of MHHC Enterprises Inc. is to develop business opportunities, relationships, and new enterprises that create revenue growth through the sale of value added Extended Protection Plans for consumer electronics, that consistently protect Homeowners Assets, and creating value added Warranty Performance Programs for manufacturers.
Reasons to Invest
Confidence and security
Extended warranties give consumers the option to protect their valuable purchases at relatively low upfront cost, making them an attractive option for higher ticket items such as electronics.
A Growing Industry
The global extended warranty market was valued at $121.5 billion in 2021 and is expected to grow at a CAGR of 6.7%, reaching $182.3 billion by 2027.
Experienced leadership
The team at MHHC is made up of industry veterans and leaders with the skills and qualifications to continue to innovate and dominate as the extended warranty industry moves online.
E-Commerce expansion
With its new E-Commerce subsidiary ONBLi, MHHC is investing back into the business and bringing extended warranty protection to the world of e-commerce in a big way.
Untapped market
Many consumers think of extended warranties as something that’s only available with brick and mortar purchases, but MHHC’s is betting big on plans to streamline the offering this kind of protection to the booming $5.5 trillion e-commerce market.
Solid financials
MHHC prides itself as a fully audited and reporting company. The company believes in reinvesting back into the business, and recently issued a special stock dividend to existing shareholders. Management also recently retired 30,000,000 shares, further improving the company’s share structure.
Trading on OTCQB
The company now trades on OTCQB. MHHC is confident that this change will bring increased transparency, heightened reporting standards, and greater liquidity and awareness for shareholders.
“MHHC results are achieved through sensible, expedient, and proactive understanding and protection of consumers goods and the goods manufacturers delivered to their clients.”
Growing Our Core Business, Expanding Into Synergistic Markets
Consumers are buying extended warranties on everything from electronics to consumer goods and more, and the competition to provide this protection is heating up. We are a veteran player in this space, currently offering extended warranty protection through over 1000 retailers.
While our core business lies in extended warranties, our subsidiaries include reinsurance and an exciting e-commerce business.
Our expansion into e-commerce, through our subsidiary ONBLi, Inc., is something we believe could drastically improve people’s online shopping experience through streamlined product offerings and other unique solutions.
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“The growth of our core businesses along with the buildout of additional subsidiaries will continue to drive shareholder value for years to come.”
A Solid Strategy
- We aim to build, develop, and/or acquire technologies that will allow us to launch
e-commerce portals that will streamline the integration of our ESC warranty services with a cloud-based platform. In this way, we believe we will be able to expand our reach while increasing the value of our ESC warranty services.
- The development of ONBLi will allow us to expand into cloud-based product sales and related services. By selling additional products through e-commerce, we can enhance customer reach, develop and link complementary services, expand our technological knowledge, and quickly build critical mass in support of creating a sustainable corporate enterprise that can defend, endure, and thrive in the current evolving marketplace
- MHHC has recently transitioned to the OTCQB exchange. This move will increase transparency, heighten reporting standards, require management certification, and add additional compliance requirements, which can result in greater liquidity and awareness. We are excited to bring MHHC into higher levels of transparency, and increase investor confidence.
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An Experienced Leader in a Growing, Multi-Billion $$ Market
An Experienced Team
Just like our warranties, we have you covered.
Frank Hawley, Director and Chief Executive Officer of MHHC Enterprises, Inc.
Brings years of executive leadership experience to his role as CEO of MHHC Enterprises, Inc.
Formerly served as Policy and Budget Manager and Licensing Division Manager for the State of Washington
For the state, he oversaw multi-million-dollar operating budgets, and led a team focused on compliance, licensing, and policy issues while also promoting business initiatives
Also held a corporate management career at AT&T and was in involved in sales, marketing, engineering, and operations
Currently, he leads the growth and development of MHHC Enterprises, Inc., and its subsidiaries.
Raymond MacKay, Director and Chief Executive Officer of MHHC Warranty and Services
Graduated from Furman University and from the University of South Carolina Law School with a Juris Doctorate degree.
Has worked primarily as a sole practitioner focused on trial and corporate work in Anderson, SC.
Also served as Assistant Solicitor for the Tenth Judicial Circuit of SC and as a Municipal Court Judge for the city of Anderson, SC.
Has served on the Board of Directors for MHHC Enterprises since 2018 and has overseen the company’s expansion into additional state jurisdictions and the development of its regulatory compliance system.
Now holds the role of CEO of MHHC Reinsurance, Inc., bringing valuable leadership and legal experience to the subsidiary.
Anderson Salgado, Chief Executive Officer of ONBLi
Anderson Salgado is an accomplished e-Commerce expert who in the past five years has made a name for himself based on having keen insight into the Amazon Marketplace. Anderson, a U.S. Marine Corps Veteran who served in Operations Enduring Freedom in 2011-12 is also a University of Miami MBA Graduate, former Amazon Senior Vendor/General Manager for the Beauty and Professional Beauty Categories, and has been featured in Bloomberg and Business Insider magazines as a Subject Matter Expert (SME) in Amazon advertising, optimization, and growth hacking after being instrumental in developing the Pro and Luxury Beauty category at Amazon (one of the fastest- growing categories of the platform since 2016) and later launching his own agency to help other brands to do the same.
The MHHC Advantage
E-commerce is a $5.5 trillion market, and by making extended warranty protection more available to this market, we are positioned to create new opportunities. Our subsidiary ONBLi will be making waves in the space very soon.
ONBLi is headed by industry veteran and accomplished e-commerce expert Anderson Salgado. Mr. Salgado was instrumental in developing the Pro and Luxury Beauty category while at Amazon (one of the fastest-growing categories of the platform since 2016) and he subsequently launched his own agency to help other brands to do the same.
"We are excited to have ONBLi leading the charge for MHHC’s growth efforts going forward and couldn’t have picked a more qualified person than Anderson Salgado to lead those efforts," said CEO Frank Hawley.
ONBLi members will be able to subscribe to paid memberships that include free shipping and extended warranties on all of ONBLi’s products, partner brands, and third-party products.
"I’m excited for what lies ahead and I look forward to leveraging my experience in e-commerce, especially as it relates to men’s grooming and premium beauty products," added Salgado.”
Our Vision for E-Commerce
We believe that an investment in MHHC is an investment in streamlined, efficient online shopping, that gives the customers what they are looking based on the most relevant criteria. At the same time, the developments made in this area will feed our core business, creating new opportunities for us, and new value for shareholders.
Now is the Time to Invest
- The global extended warranty market is growing at a CAGR of 6.7%, expecting to reach $182.3 billion by 2027.
- We recently retired 30,000,000 shares, improving the Company’s share structure.
- MHHC’s recent inclusion on the OTCQB exchange will increase visibility and transparency.
A Can’t Miss Opportunity in Extended Warranties and E-Commerce - Invest Now
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