Southern Home Medical Inc (SHOM)

[malt66]

To keep things in perspective:

According to the 2013 1120 filed, SHOM had $693,816 in gross receipts.

Taxable income was $63,176 less NOL from previous year of $49025 for net taxable income of $14,151.

Jeff's salary was $29,000 and as of fiscal year 2013, he holds 9% of common and 41% of preferred.

From schedule L, cash at beginning of year $135,502 and end of tax year $152,879. Seems that SHOM is net positive cash flow and self sufficient.

Retained earnings -$62,248 beginning, -$39,978 at the end.

Wow, talk about transparency and motivation from a CEO. With all the pieces coming together, I could see those gross receipts double in 2015.

Cheers!