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If you would have done your DD in 2012 it would have told you the same thing....funny you all show up when SHOM has momentum. Where were you a week ago and better yet where will you be next week? You people come here and hype the stock for a few tenths of a penny then you go away. FU pumpers. We'll wait for real growth.
If you would have done your DD in 2012 it would have told you the same thing....funny you all show up when SHOM has momentum. Where were you a week ago and better yet where will you be next week? You people come here and hype the stock for a few tenths of a penny then you go away. FU pumpers. We'll wait for real growth.
Wouldn't suprise me if you pumpers had more than one user name. Chinatown you're pathetic and we all know it. Go pump your crap somewhere else. We want SHOM to go up, but not like this...
These guys get together and post as much as they can to get the stock board on the radar. Do your own DD and you will see SHOM is a winner without these vultures.
I am happy SHOM gets attention but this is clearly a pump before the dump. Don't buy into this crap...do your own DD
Where these guys be in a week....gone after they sell.
PUMP!! A
THIS IS A PUMP!
August Net Income $12, 813
I mean management should be trying to grow the company above and beyond adding a franchise once or twice a year.
I think something needs to be done to get the stock price at fair value. It just seems like management is content to make ends meet every month.
Love the company....hate the stock!
Do we know whether SHOM is licensed?
June numbers posted on SHOM website:
http://www.southernhomemedical.com/pdf/Update%20to%20Shareholders%20-%20July%202013.pdf
I do believe this stock is a sleeping giant, but after two plus years as a shareholder I am ready to go to sleep myself. At least bears wake up in the spring....
Here is the link to auditor's report on OTC Markets:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=105227
Received an email from SHOM saying the independent auditors report will be posted to OTC Market by mid-day Friday.
What kinds of contracts are they talking about for the July time frame, government? What will this mean for SHOM if they are awarded one? Anyone with any knowledge or insight, please speak up.
Thanks!
For penny-land these numbers are at least positive and real. Even if they only made $1 the entire quarter, it's better than a majority of the penny stocks out there. Been sitting on this for quite a while and still wonder why it won't go up...
I had received this in an email from the company, so i thought I would post it for those who have FB or Twitter accounts.
Not sure. I don't have a Facebook account.
Southern Home Medical has recently branched out into the social media community and would like to invite you to like our Facebook page, which can be found at this web address:
https://www.facebook.com/southernhomemedicalincorporated
We also invite you to follow us on Twitter. You can find us at:
https://twitter.com/southernhomemed
We will try to keep you abreast of important updates to the OTC market, as well as any other pertinent information.
We thank you for following Southern Home Medical.
Sincerely,
Southern Home Medical
On the Annual Report:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=102664
Last Page - $135,512 Cash on hand.
Hope so. The stock has been this way for years...
Trading in the 23 to 30 range for some time now. About time for a break out to the upside...
FYI---Received a forwarded email from SHOM which shows email communication between Jeff and Scott & Co regarding the audit:
From: Michael Slapnik [mailto:mslapnik@scottandco.com]
Sent: Monday, January 21, 2013 3:57 PM
Subject: RE: Audit
Jeff: John finished the tax provisions for both 2009 and 2010. He just needs to get me the entries and work on the tax footnote. I am starting to see the light at the end of the tunnel!
Michael J. Slapnik, CPA
Partner - Assurance & Advisory Services
Scott and Company LLC
1441 Main Street, Suite 800
PO Box 8388
Columbia, SC 29202
Tel: (803) 256-6021
Fax: (803) 256-8346
e-mail: mslapnik@scottandco.com
It will be interesting to see one day if/when SHOM releases a "whopper" of a news release and gets some real attention by true investors. Not sure what that headline would look like, but I will be here if/when it does happen. I view my investment in SHOM as a hidden treasure that will be very valuable one day.
Just my take on it, but it seems like a handful of people buy into a stock on one day and pump it the next in hopes of making some quick cash. They take a press release and post each individual sentence or paragraph over and over, not really saying anything new or important. Not sure how the system works exactly, but attention seems to be given to message boards that have a lot of activity on them in a short period of time. Just a lot of noise.
Would be nice to get SHOM out of the OTC market one day, as I don't see a lot of this crap going on with companies in the S&P, Nasdaq, or DOW.
I think I might "Shake a Leg" and then "Ride On".
Just an observance, but SHOM put out news regarding reduced shares on 10/19 and 11/2 (both dates are Fridays). I wonder if they will share the news regarding November's share reduction this Friday?
I am no expert, but with taxes going up next year, some folks may be trying to book their profits for 2012. Sorry, I am uncertain of the second part of your question regarding "limited information".
December Update sent to me via email:
Good report--More shares retired in Nov, new franchises opening 2013, 2012 profitable, etc.
November results
November results were as predicted. The final quarter of 2012 will be positive and managed strategically well based on current cash and positioning. Management will address decisions that allow us to strengthen our start for January knowing this is a slow month based on new deductibles.
Our Net Income for 2012 indicates a Net Increase over 2011
Outstanding Share Count as of 11/31/2012
Common 234,510,122
Preferred A 11,000,000
Preferred C 8,256,250
Authorized Share Count Shareholders
Common 500,000,000 1950
Preferred A 25,000,000 4
Preferred C 25,000,000 26
September 2012 Results October 2012 Results November 2012 Results
Revenues 69,356 Revenues 64,707 Revenues 75,279
Cost of Goods 14,838 Cost of Goods 11,807 Cost of Goods 20,117
Expenses 42,515 Expenses 49,475 Expenses 44,176
Net Income 12,504 Net Income 3,425 Net Income 10,987
Answers to email questions:
1. SHOM 2011 tax returns have been posted on the OTC website.
2. Scott & Company does not have audit ready currently, plan is by year end. This will be posted when received.
3. SHOM has continued to retire more shares in November.
4. SHOM has an agreement to open an EMSI Franchise in Dallas (North Texas). Current plan is for an opening date in late January of 2013.
5. SHOM also has an agreement to open in Austin, Texas. First quarter of 2013 is the current plan for an opening date.
6. We continue to receive emails and calls from those claiming to be shareholders; however, in most cases they are manipulating brokers / others. We will continue to be respectful, but be aware that we are not swayed by their comments or their rhetoric.
7. SHOM will again be profitable in 2012.
2011 Federal Tax Return Posted
http://www.otcmarkets.com/stock/SHOM/filings
Speaking of October numbers, I usually get the monthly report sent to me via email a day or two prior to the 15th. Haven't seen it yet, nor do I see it posted on the company's website.
I'm ready for the next leg up, maybe a new 52 week high...
I think most of the regulars knew what was up. When the same two or three posters were posting what amounted to was the same thing dozens of times and regurgitating information that has been posted here so many times in the past.
I don't know about the rest of you, but I have been holding for almost two years now (I know this is nothing compared to some of you out there) and I am not giving up my shares until the real payday comes in. This is a great company, which I believe in and know better things are yet to come. I am fine being patient.
Someone's looking to unload some shares @ .0045
Agreed! I love news like this because there is nothing in the release that can be misconstrued as deceitful or untrue. It's just fact and can be checked out, not to mention a big positive for the stock and shareholders.
I also liked the part of the release that said, "Opportunities to grow this Company continue to come our way and we are optimistic they will come to fruition soon"
Keep up the good work!
October Shareholder Update was emailed today:
September results came in as expected. These results give us a solid operating quarter vs. SMLY.
Our expectations for the final quarter of 2012 remain positive. Performance line items are below.
Our financial performance for 2012 indicates a stronger finish than 2011.
Share Information is below; as well as:
http://www.otcmarkets.com/stock/shom/quote
www.southernhomemedical.com
Outstanding Share Count as of 9/30/2012
Common 234,510,122
Preferred A 19,827,000
Preferred C 10,131,250
Authorized Share Count Shareholders
Common 500,000,000 1950
Preferred A 25,000,000 5
Preferred C 25,000,000 27
July, 2012 Results August, 2012 Results September, 2012 Results
Revenues 70,704 Revenues 72,352 Revenues 69,356
Cost of Goods 19,984 Cost of Goods 18,863 Cost of Goods 14,838
Expenses 43,314 Expenses 50,784 Expenses 42,515
Net Income 7,408 Net Income 2,709 Net Income 12,504
Answers to email questions:
1. SHOM 2011 tax returns will be posted on the OTC website prior to last day of November or before.
2. SHOM retired 1,730,000 common shares in September.
3. Line items vs. SMLY for SHOM:
a. ApneaRx total revenues were down $13,337.00 but nursing homes alone were down $14,233.00.
DME revenues were actually up vs. SMLY.
b. Cost of Goods was up $6870.98.
c. Auto expenses were up $2419.65 due to repairs and general maintenance of vehicles.
d. Health Insurance remained relatively same.
e. Marketing was down $159.37.
f. Professional fees was down $723.33
g. Total expenses were down $7777.45 vs. SMLY.
4. EMSI was 12.7%% of total revenues for September.
5. SHOM has spent NO company cash to purchase stock on open market.
6. SHOM has spent NO company cash to retire any stock that is being retired.
7. SHOM strategy continues to focus on NOT doing anything that creates debt for our shareholders.
8. SHOM profits continue and again will be profitable in 2012.
9. SHOM has reached higher net profits thru end of 3rd quarter 2012 than all of 2011.
Please continue to send to us any information, questions or concerns that you feel would benefit the
shareholders of SHOM and we will try to answer each request as they come in.
You can visit our website or email us at corporate@southernhomemedical.com.
Sincerely,
Jeff Sarvis
President & CEO