***SHMN S/S TA Share structure below as of 10/11/2018***
Authorized: 2,000,000,000
Issued: 1,547,798,629 NO CHANGE
Restricted: 300,014,239 NO CHANGE
SOHM, Inc.
SHMN
About
Sohm, Inc. is a globally recognized Pharmaceutical company focused on developing, manufacturing and distributing Generic, Branded Generic, Private label, and Sohm innovated Pharmaceuticals, Cosmeceuticals and Nutraceutical products. The Company has its U.S. headquarters located in Buena Park, CA with international headquarters (Sohm India Pvt Ltd) located in Ahmedabad, India as well as several corporate offices located within the UK and China.
Sohm Inc. was voted the fastest growing generics prescription drug manufacturer in 2012 at the 30th All India Conference of National Integrated Medical Association. Sohm develops, manufactures and markets generic, branded generic, legacy brands and Over-the-Counter (OTC) products in several countries.
Sohm is committed to strict adherence of all applicable regulatory requirements and to the highest degree of industry standards. We are committed to maintaining quality by all employees at all levels throughout our corporation. Sohm ensures compliance by continuous assessment and monitoring of the output of the existing quality systems, and application of evolving industry guidelines and regulations including all WHO-CGMP and USFDA guidelines.
Sohm also offers and encourages businesses of any size all over the world to participate with the private labeling of generic pharmaceutical, cosmeceutical and nutraceutical products as part of its ongoing effort to integrate businesses and inspire global prosperity.
Investors
The Board of Directors of SOHM, Inc. believes that shareholder confidence in the Company, its management and financial reporting is critical to the success of the Company. This website provides general information regarding the corporate business activities of the Company. Further information can be obtained at www.otcmarkets.com
The Board also believes that good governance practice enhances confidence in our management team, financial information and employees. It creates a solid foundation for achieving our business goals and enables the Company to operate at the highest ethical standards. The Board has adopted actions that seek to ensure full compliance with the listing standards of the pinksheets electronic listing service.
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$$$ Revenue $$$ Revenue $397,688 first nine months of 2018 Quote:
Management is very pleased to announce 3rd quarter revenues of $397,688 as of September 30, 2018. Revenue growth for the first nine months of 2018 increased by 228% as compared to the annual gross revenue of $173,955 for the year 2017. A gross profit of $183,134 was realized in just the first nine months of 2018. An increase of 177% when compared to the $103,366 twelve-month gross profit for the year 2017.
Management’s operational and development goals are on track.
https://www.sohm.com/2018/11/26/sohm-inc-announces-its-3rd-qtr-2018-results-and-updates/
NEW CEO
CURRENT NEWS/FILINGS
SEPTEMBER10,2018
SOHM Names Financial Veteran Baron Night as CEO and President
Expert In financial sector for more than 40 years in different industries, SOHM looking forward to getting the expertise of him
CHINO HILLS, SEPTEMBER 10, 2018 – SOHM, Inc. (Pink Sheets: SHMN), a generic pharmaceutical manufacturer that produces and markets generic drugs covering many treatment categories announced today the appointment of Baron Night President and CEO for SOHM, Inc. effective immediately. Mr. Night’s appointment fills an important role on SOHM’s team. SOHM believes that Mr. Night’s 40+ years of experience in various industries will be a great asset to the company. Mr. Night has also been named to the Company’s Board of Directors.
Mrs. Swati Shah has voluntarily resigned from the firm as President, CEO and Director effective immediately for personal reasons upon acceptance of Mr. Night’s consent. The Company extends and wishes to express its gratitude for providing her leadership during this recent critical time. The Company wishes her all the best for her new endeavor.
As previously announced, the Company expects pharmaceutical sales to be a significant contributor to revenue and earnings in 2018.
Mr. Night’s thorough experience in providing leadership to various companies and his contacts and experience in emerging markets will strengthen the position of the Company and allow for large scale distribution of generic drug lines,” stated outgoing President Swati Shah.
https://www.sohm.com/2018/09/10/sohm-names-financial-veteran-baron-night-as-ceo-and-president/
September 10, 2018
NV SOS
all officers Remove n Replaced with Mr. Baron Night
https://www.nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=DraWvY7hzMLlBgmKhjdRSQ%253d%253d&nt7=0
SEPTEMBER 21, 2018
SOHM Announces Its Outlook and Action Plans After Corporate Changes.
CHINO HILLS, SEPTEMBER 21, 2018 – SOHM, Inc. (Pink Sheets: SHMN), a generic Pharmaceutical, Nutraceutical and Cosmeceutical company that produces and markets generic drugs covering many treatment categories is pleased to announce its outlook for remaining year of 2018 and action plan after going through recent corporate changes.
As we have announced last week, Mr. Baron Night was appointed as the sole member of the Board of Directors, President and CEO for SOHM, Inc. SOHM’s management appointment of a new CEO/President was necessary due to SOHM’s previous CEO and President wanted to pursue different career goals and had been discussing this change within for several months. As a matter of fact, outgoing President and CEO was keen on appointing a new CEO and relive her responsibilities so she could pursue her personal goals and vision. Hence the company believes that the changes made brings fresh new leadership to the Company.
Further, Mr. Night stated that his appointment has come at a time when the Company is going through its transition from almost no activities for a few years to more proactive activities in coming days and years. He stated that his educational background of an MBA with finance and 40+ years of employment in various industries will enable him to help build the company to better credibility and transparency. “I am glad to take over the company leadership and I am happy to share my view points and vision about the company,” said Mr. Night.
Mr. Night stated that his prime goal and actions would be to work towards the company vision “Globalè Prospèro” and implement certain actions towards achieving its goal. The Company had previously set a goal to reach certain achievements by year 2020 but due to various hurdles, it has revised this goals to year 2022 or 2024. In the coming weeks after thorough study and consultations and planning, SOHM will provide additional updates.
Mr. Night also said, “The company’s operations will continue as planned by my predecessor for revenues and operations and development and not limited to only manufacturing, sales and marketing and finance but working and analyzing to adopt new technologies in coming days. This could include blockchain or supply chain integration or any other avenues.”
The company currently has manageable capital for its operations, with reduced operational costs. The company is not intending to conduct any reverse split but in coming days/weeks and months, the company will be considering a share buyback program. At the appropriate time, the company may make an announcement, if the company decides to pursue a buyback program after appropriate due diligence and consultation from our legal counsel. The company has not conducted a reverse split since 2008, when new management had taken over the company and was attempting to restructure the company’s capital stock. After a change in management in 2008, the company demonstrated very good growth until 2014, at which time the health of the company’s then-President, the company suffered drastic drop in its revenues. However, during the current year, management is encouraged by the orders it has received from its buyers and believes the future is bright.
The company has received its approval from OTCmarkets.com to use the OTC News & Disclosure Service to upload its financial statements and provide other required disclosures. The company is working with its legal counsel to cause its last two (2) years of financial statements and interim financial statements for the period ended March 31, 2018 to be made publicly available on OTCmarkets.com very shortly. Our March 31, 2018 financials are already published on our website.
There are still some doubts in minds of some of investors about the 108+ million shares of common stock issued by the company in April 2018. The company’s legal counsel clarified that these shares were issued to a financial institution in cancellation of old promissory notes owed by the company and no member of the company’s management received any shares nor were any of them associated with financial institution. Due to a confidentiality clause of the agreement, the company cannot release the name of institution.
The company has remained transparent previously and we are committed for transparency within guidelines and rules and working consistently towards it. “Our operational and revenue generation efforts are ongoing and we are confident of achieving our revenue target for the year 2018 and beyond”, stated Mr. Night, President and CEO.
About SOHM, Inc.
SOHM, Inc., is a growing generic pharmaceutical manufacturing and marketing company with a vision “Globalè Prospèro” that tries to build continuous growth. SOHM manufacturing and marketing targets the rapidly growing healthcare segments such as Nutraceuticals, Cosmeceuticals, and other major therapeutic segments. SOHM is headquartered in North America with manufacturing in India as well as strategic alliance with US manufacturing facilities. Although SOHM’s generic pharmaceuticals are exported globally and was introduced to the USA in early 2013, SOHM continues its focus on distribution to emerging markets in Africa, Latin America, and Southeast Asia.
To know more about SOHM, Inc., visit www.SOHM.com
https://www.sohm.com/2018/09/21/sohm-announces-its-outlook-and-action-plans-after-corporate-changes/
SHMN FILINGS
6 New Filings from New CEO in First 3 Months
https://www.otcmarkets.com/stock/SHMN/disclosure
$$$$ REVENUE $$$$
SOHM management announce gross revenue of $ 287.371 for 1st and 2nd qtrs., company's combined gross revenue is approx. 65% more than last fiscal year’s total revenue. We are pleased with results & very confident in our operation and developments. $SHMN
Company Tweets: https://twitter.com/sohminc
July 17, 2018
SOHM, Inc. Reports $180,000 of Total Revenue and a Gross Profit of $95,292 for the First Qtr of 2018
Chino Hills, CA, July 17, 2018 (GLOBE NEWSWIRE) -- SOHM, Inc. (PINKSHEETS: SHMN) a globally-known generic pharmaceutical manufacturer, release its first Qtr of 2018.
YEAR END 2016 12 months ended Dec 2016 TOTAL REVENUE $124,261; GROSS PROFIT $94,006
YEAR END 2017 12 months ended Dec 2017 TOTAL REVENUE $173,955; GROSS PROFIT $103,366
3 Months Ended March 2018 TOTAL REVENUE $180,837; GROSS PROFIT $95,292
SOHM, Inc.’s Annual Financial for year ending 2016, 2017 and First Qtr 2018 Sohm, Inc.’s Annual Financial for year ending 2016, 2017 and first qtr. which is ended on March 31, 2018. We are glad that we have now released all financials. We also thank all our shareholders for support and patience and as we reiterate management is working towards more actions and determined to update progress in a timely manner moving forward and especially for financials.
https://www.otcmarkets.com/stock/SHMN/news/story?e&id=1128216
NEWS
https://www.sohm.com/2017/04/28/sohm-inc-signs-strategic-alliance-with-manufacturing-unit-in-southern-california-to-increase-revenue/
SOHM Inc., Signs Strategic Alliance with Manufacturing Unit in Southern California To Increase Revenue.
Partnerships and Alliances To Strengthen Market Penetration and Revenue Growth in Year 2017 and beyond.
Chino Hills, CA — April 27, 2017
SOHM, Inc. (PINKSHEETS: SHMN), a manufacturer of generic drugs covering all major treatment categories in Pharmaceutical, Nutraceutical and Cosmeceutical drug products announced today that it has signed a strategic alliance with a manufacturing unit in Southern California. This alliance strengthens SOHM’s manufacturing capabilities within the United States for distribution and export to other countries.
The company expects partnerships and alliances to strengthen market penetration and revenue growth in key emerging markets within the United States through its distribution channels. Alliance allows SOHM to double pharmaceutical production capability, reduce costs by several percent, increase profitability and restore its lost revenue from recent years. This alliance will make a positive impact on SOHM’s revenue by the end of Q3.
The strategic alliance with this manufacturing house currently has a range of 90 products covering major therapeutic categories. SOHM will utilize its spare manufacturing capacity of the manufacturing house.
“The manufacturing house facilities can produce all essential products in the dosage forms including tablets, capsules, flavored nutritional powders, sports energy drink powders, oral liquids, ointments, creams with excellent packing facilities, this will allow SOHM, Inc, USA to fulfill its growing market demand in the coming season and achieve the manufacturing volume growth needed to fulfill future purchase orders. This step also align company with current focus of USA to “Manufacturer in USA” by the government of USA and this will help to reduce operating costs and increase profitability.”
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https://globenewswire.com/news-release/2017/11/29/1210569/0/en/SOHM-Inc-Cancellation-of-Reverse-Stock-Split.html
Cancellation of Reverse Stock Split
Chino Hills, CA, Nov. 28, 2017 (GLOBE NEWSWIRE)
SOHM, Inc. (PINKSHEETS: SHMN), announced today that its Board of Directors has decided to abandon and cancel the reverse stock split that was approved by the Board of Directors and the Company’s shareholders last year.
SOHM, Inc. announce today that “We are pleased to announce due to the obvious recent renewed support and confidence in the company and its management, it is in the best interest of the company, its shareholders and Investors to cancel the proposed reverse split of the common stock announced last year.” Recent support from operations and market awareness has further inspired company management to restore SOHM, Inc. to its former glory, benefitting investors and shareholders who have stood firmly by the company. SOHM presently has approximately 1.25 billion shares of common stock issued & outstanding SOHM Management has taken note of significant trade activity of its shares, and is very pleased with the recent movement in the company operation.
Further, company stated that company’s promoters or directors have not sold any of their stocks and have not done so for the last several years keeping the confidence in the company’s operations and not intending to sell any stocks currently.
Company is going to take appropriate actions with authorities to update the recent development and announcements.
About SOHM, Inc.
SOHM, Inc., is a growing generic pharmaceutical manufacturing and marketing company with a global presence and marketing plan that assure continuous growth. SOHM manufacturing and marketing target the rapidly growing healthcare segments such as Nutraceuticals, Cosmeceuticals, and other major therapeutic segments. SOHM is headquartered in North America with manufacturing in India. Although SOHM’s generic pharmaceuticals are exported globally and was introduced to the USA in early 2013, SOHM continues its focus on distribution to emerging markets in Africa, Latin America, and Southeast Asia along with USA.
Forward-Looking Statements
This press release contains many forward-looking statements such as “project,” “plan,” “can,” etc. Such statements are subject to possible uncertain risks that may vary actual results from those intended in or expressed by the forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
For more information, please contact:
SOHM, Inc.
714-522-6700
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Chino Hills, CA, Nov. 29, 2017 (GLOBE NEWSWIRE)
I-Prolec™: Maximum Protein, Maximum Uptake
SOHM, Inc. (Pink Sheets: SHMN) is planning to launch a unique protein supplement “I-Prolec™” in to the American multibillion dollar supplement market. This unique product was a category defining product in India, and has very has good response from its consumers. I-Prolec™ is one of a long list of innovative products coming through the Sohm pipeline.
“This unique product, I-Prolec™, is formulated keeping in mind all the age groups and genders. I-Prolec™ will help people who have protein deficiency as well as athletes who need extra proteins, especially for those who adhere to a vegetarian diet”.
This special formulation of I-Prolec™ comes with and easy to absorb Vitamin B6, Vitamin B9, Iron (In the form of L Methyl Folate), plus all the minerals and vitamins that would make healthy living a reality. It has 23 different vitamins in a single dose. The fact that a single serving dosage is good enough for confirmed patient compliance made I-Prolec™ an instant hit amongst leading Gynecologists and Pediatricians in India as well as in retail nutraceutical market segment.
SOHM team believes that I-Prolec™ is not only a winning formula developed locally, but is also the most prolific protein supplement that SOHM is launching in USA and other important Global Markets in the coming months. With the introduction of I-Prolec™, SOHM will open a new stream of revenue. I-Prolec™ and products that are in the pipeline in this category would further consolidate the stability in revenue stream and ever-growing revenue generation in the coming months and especially in year 2018.
Company plans to sell and market this products through its distribution channels as well as retails online chain stores like Amazon and other reputable online stores.
About SOHM, Inc.
SOHM, Inc., is a growing generic pharmaceutical manufacturing and marketing company with a global presence and marketing plan that assure continuous growth. SOHM manufacturing and marketing target the rapidly growing healthcare segments such as Nutraceuticals, Cosmeceuticals, and other major therapeutic segments. SOHM is headquartered in North America with manufacturing in India. Although SOHM’s generic pharmaceuticals are exported globally and was introduced to the USA in early 2013, SOHM continues its focus on distribution to emerging markets in Africa, Latin America, and Southeast Asia along with USA.
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https://globenewswire.com/news-release/2017/12/05/1229320/0/en/SOHM-Inc-Announces-Relaunch-of-Flagship-Skincare-Product-in-USA.html
SOHM, Inc., Announces Relaunch of Flagship Skincare Product in USA
Chino Hills, CA , Dec. 05, 2017 (GLOBE NEWSWIRE)
SOHM, Inc., (PINKSHEETS: SHMN) announced today a relaunch of its flagship skincare product FoHM by SOHM™, a rejuvenating, cleansing, and clarifying facial foam powered by SOHM’s proprietary formula Salic2™. This product was launched at an “after Oscar Party” in 2013 for the US market and had good market response however due to unavoidable circumstances, SOHM was not able to fully capitalize on its momentum.
FoHM by SOHM™ is a foaming facial cleanser and clarifier powered by Salic2™—SOHM’s propriety salicylic acid formulation. Originally, within the South Asian markets, this product was available only from dermatologists and doctors.
U.S. Relaunch of FoHM by SOHM™
So why transform a successful clinical product into an OTC (over-the-counter) product for U.S. consumption? “A number of things came together for us”
“First, we recognized that the American market is more mature and experienced with this type of product than markets we have been selling to in developing countries where acne, blackheads, and other skin conditions also are a problem. This will be manufactured within USA by SOHM’s Strategic Alliance company in Southern California.
“Second, in America we are taking the product direct to the consumer through online retail market places such as Amazon, and SOHM’s own online store. We are also in process with other online and brick and mortar retail chain stores for distribution and retail selling.
“However, third and most important to our decision was our innovation of a new delivery system. Normally, a 2% salicylic acid formulation is delivered as a gel or a cream. However, the Salic2 formula in FoHM by SOHM™ is a gentle but powerful foam delivery system that is perfect for the American consumer. Not only is it unique, but it is a more effective formulation than has been available.”
US OTC skin care market is multi-billion-dollar and with relaunch of this product, SOHM will create a new paradigm of success for it in the multi-billion-dollar skincare market, a space which “is expected to increase by 10%… driven by facial care,” according to Euromonitor International. We are especially enthusiastic about the unique delivery system of FoHM by SOHM™: a foam applicator that is not only convenient for women, but it makes this a product more likely to be used by men. We know that the more a product fits into the daily habits of a male consumer, the more successful he is to use it. Most women use skincare products, but most men don’t. At least, not before FoHM by SOHM™, which can be used by men for shaving!
With above introduction of product, SOHM expects fairly good organic growth in company revenues, its operation and bring full stability and growth in coming months and years.
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https://globenewswire.com/news-release/2017/12/05/1229369/0/en/SOHM-Inc-TO-ENTER-ICO-BITCOIN-MARKET.html
SOHM, Inc., TO ENTER ICO BITCOIN MARKET
Chino Hills, CA , Dec. 05, 2017 (GLOBE NEWSWIRE)
SOHM, Inc., (PINKSHEETS: SHMN) To enter ico bitcoin market. Updates to follow within a couple of days.
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https://www.sohm.com/2017/12/07/sohm-inc-announces-0-5m-purchase-order-for-a-range-of-pharmaceutical-products-in-2018/
SOHM, Inc., Announces $0.5m Purchase Order for a range of Pharmaceutical products in 2018.
CHINO HILLS, CA—December 7, 2017
SOHM, Inc. (PINKSHEETS: SHMN) is a globally-known generic pharmaceutical manufacturer, developer and marketer of a wide range of products serving a broad segment of the therapeutics market.
SOHM has received a purchase order, with an initial order of more than $0.5 million to supply a range of pharmaceutical products to one of its east coast customers, that will run through the end of 2018.
This new purchase order comes from a current customer that has executed purchase orders with SOHM through the end of 2017.
A spokesperson for SOHM, Inc., said, “SOHM is very pleased to have received this order from this customer that supplies retail and pharmacy networks all across the United States. This represents an annualized commitment to purchase and distribute 6 products other than SOHM products while providing SOHM a lucrative base to the huge American market for Generic Pharmaceuticals.
SOHM’s spokesperson said completion of this order would assure that SOHM achieves its target for higher revenue growth in 2018 compared to previous years.
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https://globenewswire.com/news-release/2018/01/19/1297892/0/en/SOHM-Inc-Executes-Non-Toxic-Funding-Commitment-with-Institutional-Investor-for-Expansion-of-Core-Business-to-Adopt-Blockchain-Technologies.html
SOHM, Inc., Executes Non-Toxic Funding Commitment with Institutional Investor for Expansion of Core Business to Adopt Blockchain Technologies
Chino Hills, Jan. 19, 2018 (GLOBE NEWSWIRE)
SOHM, Inc. (PINKSHEETS: SHMN) a globally-known generic pharmaceutical manufacturer, announces today that it has signed a binding Letter of Intent with a Canadian Institutional Investor for a sizable investment in SOHM. The proposed, non-toxic investment, is intended to further the Company’s core business model with a view to adopt blockchain technologies and the cryptocurrency markets; in particular, crypto mining and creating a synergistic token for the Company’s products and future services.
The Company previously announced it would explore those technology opportunities that would further SOHM’s value proposition. Management is confident that by incorporating blockchain technologies with its core business, SOHM will create a competitive advantage in the field of nutraceuticals. This will also afford the Company an ability to introduce new cosmeceutical and pharmaceutical products to the market.
Moreover, the introduction of blockchain technologies will support SOHM, if suitable, in pursuing a Token Generating Event (an Initial Coin Offering (ICO)) relative to the core business. In addition, the investment allows for crypto mining and other cryptocurrency endeavors.
A spokesperson for SOHM, Inc., said, “SOHM is very pleased to have the possibility of this investment for stability, expansion, growth and the development of those Blockchain technologies that should greatly improve shareholder confidence and Company advancement.”
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SOHM, INC
Social Media, Corporate Info.
TWITTER FEED: https://twitter.com/sohminc?lang=en
FACEBOOK FEED: https://www.facebook.com/sohminc/
PRESS RELEASES (SOHM Website): https://www.sohm.com/category/press-releases/
OTC MARKETS: https://www.otcmarkets.com/stock/SHMN/profile
NVSOS: http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=DraWvY7hzMLlBgmKhjdRSQ%253d%253d&nt7=0
NVSOS ACTIONS/AMENDMENTS: http://nvsos.gov/SOSEntitySearch/corpActions.aspx?lx8nvq=DraWvY7hzMLlBgmKhjdRSQ%253d%253d&CorpName=SOHM%2c+INC.
Contact info.
Website: http://www.sohm.com
Phone: (714) 522-6700
Address:
4195 Chino Hills Pkway
Ste 675
Chino Hills, CA 91709
Email: info@sohm.com