Southern Home Medical Inc (SHOM)

[funnyG986]

Just talk to SHOM CEO Jeff for 25mins. There is what I got

1. recent price decline was due to one long term holder back from 2007 sold his 37M shares. Not sure about the reason
2. Dilution in the OS is for the buy back of the Franchise, which doubles the company revenue.
3. No plan to RS and never though of Reverse split
4. CEO didn't sell a single share and company is in profit which is shown from the previous tax forms
5. CEO has received merger/buyout proposal, but will consider buyout/merger options only if it is beneficial to shareholders.
6. CEO agrees a formal shareholder letter is needed to address our concerns and mention about the company's plan.