SOHM, Inc., Cancellation of Reverse Stock Split
Chino Hills, CA, Nov. 29, 2017 (GLOBE NEWSWIRE) --
Chino Hills, CA – (November 28, 2017) – On November 28, 2017, 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 Launches Unique Protein Supplement with Multivitamins in US
Chino Hills, CA, Nov. 29, 2017 (GLOBE NEWSWIRE) -- I-Prolec™: Maximum Protein, Maximum Uptake
Chino Hills, CA–(November 29, 2017) – 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.
-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.
4-28-2017 --- Working on some updates. Will try to find out current share structure and if filings plan to be current anytime soon.
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https://www.otcmarkets.com/stock/SHMN/profile -- Share structure is old
Secretary of State info: Active Corporation
Sohm, Inc. (PinkSheets: SHMN) 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.
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.
SOHM Inc., Signs Strategic Alliance with Manufacturing Unit in Southern California To Increase Revenue. 04/28/2017 posted in Press Releases
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.”
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.
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.
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