No, it's pretty clear

Right here, see link below.

http://phx.corporate-ir.net/external.file?t=2&item=o8hHt16027g9XhJTr8+weNRYaV9bFc2rMd0Q/AXw4zvDIUXDppfAVRTExxnt6RC6QPq8h2qzfiVlytN2xZg3cSQWWwmClNG/c7+LkcxLlAJKf6a9+f4NVTLIX4hwpukWAoYiONql6z5C1bChcWxQTg==&cb=636168750171916550

Lmao! Using the skepticism to your advantage. Nice. Lol

Seems to be holding support pretty good. Not much volume for a push up or down. Interesting

The short interest is very little, see the link below and look under short interest. IMO, This low price is most likely due to uncertainty, and will likely turn into waiting game to see if SHOM's statements are real or a hoax. Until then, all we can do is dig for more info.

http://ih.advfn.com/stock-market/USOTC/southern-home-medical-inc-pl-SHOM/stock-price

This may help some people better understand the difference between Letter of Credit Vs. Line of Credit. I seen this subject arise in earlier post.
Hopefully it helps.

http://budgeting.thenest.com/letter-credit-vs-line-credit-25105.html

I believe "IT" refers to the 3000 devices for health monitoring noted in the first Coca-Cola December 1st PR we were told to disregard on December 8th. Go figure.

I think the reporting confusion may stem from the fact that they once did report when Jeff was CEO. CIK#: 0001339850. However, let it be known that SHOM no longer report - as of now - under the new leadership. GLTA

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001339850&owner=include&count=40

Excellent Post! Thank you.

Nonsense. I run a legitimate company and if we need to purchase a particular item we take bids. If SHOM had an item we needed and offered the lowest bid meeting our requirements with the most bang for our buck, then we would award SHOM the contract.

I think you may be confusing a LOC with a lump sum loan. This might help clear up any confusion. An LOC is like opening up a credit card account not taking on a loan. See below: I also posted a link for reference. Hope this helps you and everyone else with question about the LOC. GLTA

A line of credit is one financial strategy to tackle large and unpredictable or variable costs.

A line of credit is a type of loan that doesn't give you one giant injection of funds the way a traditional loan does. Like a credit card, you draw on the credit when you need to pay for something that is financially out of reach. Unlike most credit cards, the interest rates on lines of credit are generally low, and the limits tend to be high.

http://money.howstuffworks.com/personal-finance/banking/lines-of-credit.htm

Here is a link to TB Groups financials. The figures are in US dollars. I hope it helps answer your LOC concerns. Let us know what you come up with. Best regards.

http://www.reuters.com/finance/stocks/financialHighlights?symbol=6775.T

I apologize. I thought you read the latest PR that states TB Group just paid for the order stated in the December 1st PR. My apologies dude. Here's the link to the latest news. PB also posted it in the yellow at the top of the Discussion Group.

"NEW YORK, NY--(Marketwired - Dec 9, 2016) - Southern Home Medical Inc. (OTC PINK: SHOM), a leading developer in the Healthcare Industry, announced that that the [[payment of the order as stated on December 1, 2016]] has been received and the product is scheduled for shipment on next week.

Southern Home Medical Inc. is announcing that the letter of credit (not the line of credit)(This means that credit was used to pay for the order) has been issued from TB Group [[for the above-mentioned order]] and SHOM's Taiwan subsidiary has scheduled the product shipment on next week.
See the link below. Best regards.

http://www.otcmarkets.com/stock/SHOM/news/Southern-Home-Medical-Announces-Payment-on-the-Order-Has-Been-Received-and-The-Shipment-is-Scheduled?id=146750&b=y

Negative, not the 180mil. It's payment for the equipment that was ordered. Remember the 3000 units that were supposedly for Coca-Cola in the December 1st PR? Well it turns out it was for TB Group not Coca-Cola. The letter of credit is payment for those units. TB Group bought them on credit. Go figure LOL. Hope this helps. GL

Don't need to call them. They have spoken. See link below from Coca-Cola East Japan (CCEJ) investor relations. Hope it has what your looking for. GLTA

http://phx.corporate-ir.net/external.file?t=2&item=o8hHt16027g9XhJTr8+weNRYaV9bFc2rMd0Q/AXw4zvDIUXDppfAVRTExxnt6RC6QPq8h2qzfiVlytN2xZg3cSQWWwmClNG/c7+LkcxLlAJKf6a9+f4NVTLIX4hwpukWAoYiONql6z5C1bChcWxQTg==&cb=636168750171916550

Supposedly a company in Tokyo called TB Group. The link below has information on TB Group. It looks as though they are equipment suppliers for distributors, wholesalers and other companies. See link below.

http://www.reuters.com/finance/stocks/companyProfile?symbol=6775.T

The link blow has the PR that states TB as the actual purchaser. Hope this helps. GLTA

http://www.otcmarkets.com/stock/SHOM/news/Southern-Home-Medical-Announces-Payment-on-the-Order-Has-Been-Received-and-The-Shipment-is-Scheduled?id=146750&b=y

You're right rain no 8k, but they do file with SEC.

https://www.sec.gov/cgi-bin/browse-edgar?company=Southern+home+medical&owner=exclude&action=getcompany

Thanks Cash. I hit you back with a +1 as well. Good Luck and happy investing.

You only lose if you sell below your buy price. Good point however with the taxes.

That is awesome PB. I bought all my shares in the triple zeroes for SHOM. My rules only allowed me to buy 1.5 million shares. I bought on the dips way below this action. Well played PB. You and I both have played this game for over two decades. I also bought Apple under $90.00 a share during the financial crises, a small amount of AIG during the bailouts and BP near the bottom during the gulf crises. LOL!! My point is that there is a lot of people losing all their money due to panic when these companies had great fundamentals (Apple, BP) and government backing (AIG and the banks). Always do the opposite of the crowd if the fundamentals have not changed to negative is my rule of thumb. GLTA

Your right as rain Rainmaker. There are many companies that use brokers to initiate deals. There are many different types of affiliate programs and middle men for these large blue chip corporations. It enables them to concentrate on production and R&D; while enabling them to save money by reducing or eliminating the staff and departments that would handle these transactions internally. It the same reason most companies use wholesale distributors to sell their products. It's simpler and cheaper than handling that logistical nightmare themselves. My company uses Amazon FBA to sell our products. We don't have to deal with shipping to the customers and Amazon handles all customer care and inquiries. We just sit back and collect money. The middleman is great!!

It looks to me like a mistake was made and SHOM put out a new PR to correct it. That's not deception, that's integrity. Now, if some other entity would have initiated the retraction news and SHOM said nothing, then I could see where deception could be plausible, however, this is not the case because SHOM initiated the retraction themselves!!

Don't be sheep people, be shepherds. Do your due diligence and when doing so read carefully.

ALL,

I don't see where it says the Coca-Cola news release was fake. In fact SHOM is the one that initiated the retraction. In fact, it states clear as day that "We are advised by Southern Home Medical Inc." It seems to me they - "SHOM" - are trying to correct the Coca-Cola press release, and do the right thing. If the past week was a pump and dump, I would not be in the green as I am now, and they would not benefit from telling on themselves, which they obviously did. see below:

NOTICE TO DISREGARD - Southern Home Medical Inc. Subsidiary signs a Testing Contract with Coca-Cola East Japan

NEW YORK, NY and TOKYO, JAPAN--(Marketwired - Dec 8, 2016) - We are advised by Southern Home Medical, Inc. (OTC PINK: SHOM) that journalists and other readers should disregard the news release, "Southern Home Medical Inc. Subsidiary signs a Testing Contract with Coca-Cola East Japan" issued Thursday, December 1, 2016, over Marketwired.


Copyright © 2016 Marketwired. All Rights Reserved

http://www.otcmarkets.com/stock/SHOM/news/-NOTICE-TO-DISREGARD---Southern-Home-Medical-Inc--Subsidiary-signs-a-Testing-Contract-with-Coca-Cola-East-Japan?id=146705&b=y

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

(b) A Form 8-K is not required to be furnished to the Commission under this Item 2.02 in the case of disclosure of material non- public information that is disclosed orally, telephonically, by webcast, by broadcast, or by similar means if:

(4) the presentation was announced by a widely disseminated press release, that included instructions as to when and how to access the presentation and the location on the registrant’s website where the information would be available.

https://www.sec.gov/about/forms/form8-k.pdf

Google search did not produce a pr for today the link I posted was at the top of my search. I guess the google spiders did not get the one dated today. IDK?? But I'm not selling until I see hard proof backed by solid facts. I'll keep buying till the end. I'm still in the green anyway!! LOL

Newest news I could find on google for SHOM dated December 7th.

http://finance.yahoo.com/news/kc-holdings-inc-wholly-owned-110000759.html

You are on the money PB. This is a pull back, and a buying opportunity to average down. There was a divergence of volume verses share price as I stated two days ago, so I knew we would have a significant pullback. I've been doing this - investing & trading - for 21 years, and divergences between volume and stock price almost always indicate a reversal of stock price. I spent years making money off of these divergences in the options market. Just look for the strong support and start buying cheaper shares as the price moves toward that support. This stock will retrace to its highs and beyond but first it has to correct the divergence and consolidate. You don't make money buying at the top people. I did not buy one share when this was going up, especially with the divergence as large as this one. You buy when the sheep are selling from "unwarranted" fear. That's how you make money and keep gains without cashing out. Average down today. Nuff said, use your head.

In-deed, all the bouncing off of .009 created a great floor for support. Those channel traders were at it for a while, but it finally broke through. LOL

I've posted this before a while back. Here it is again:
Stock prices reflect the composite opinions of speculators, yet it amazes me how difficult this concept is for most investors to grasp, or at least how little importance they place on it. If you have ever listened to a stock recommendation from a professional analyst, they will name a dozen reasons why such-and-such stock is a good "buy," with every one of their reasons being tied to company fundamentals. "This company shows consistent earnings...," or "We feel that its stock is under valued compared to its earnings," or "They have good, strong management" are common remarks. Not one of these analysts ever considers the most important factor of all, which is how the crowd will speculate on the stock. Yet, it is the speculation of the market that drives the stock up or down in the first place. Certainly, company fundamentals (earnings, growth, management, etc.) play a part in all of this, but only because the speculators think so. In other words, a company's earnings are reflected in its stock price only if the speculators believe that it should be. Again, it is all speculation, regardless of any other company condition. My point is that all the factors that analysts think are important are all secondary to the most important factor of all, which is the human factor of speculation.

Taken from:
Low Stakes Power Trading © 2010 Garsworld, Inc. All rights reserved.
Replies:

(b) A Form 8-K is not required to be furnished to the Commission under this Item 2.02 in the case of disclosure of material non- public information that is disclosed orally, telephonically, by webcast, by broadcast, or by similar means if:

(4) the presentation was announced by a widely disseminated press release, that included instructions as to when and how to access the presentation and the location on the registrant’s website where the information would be available.

I agree with you on technicals not working well on penny - especially sub penny stocks, however, volume works the same on all stocks. I just noticed a slight divergence... no big deal, these things happen. GLTA

LMAO!! Good show, LOL!!

Sounds good! We need more volume to kill that nasty volume/stock divergence that is forming on the charts. LOL

We also have a nice little double bounce on its way back up on the daily. Just stalling for quick consolidation IMO.

Yes-n-deed!! Just have to break that penny.

OMG!! Look at all that toxic dumping.... you're an amazing person! Hahahahaha!!

Then how did I reply to it?? You're a strange one gonzo.

Show me the proof.

Of course it will I've never seen a stock go straight up forever. They are called dips. You are about as sharp as the leading edge of a ball bearing Volcano.

I guess the news wasn't good enough. Crazy...