Southern Home Medical Inc (SHOM)

[stock_peeker]

rskram, I've owned SHOM over 3 yrs. Of course I wish I'd sold it all last week and rebought this morning, but that's life. You may be right about Mr. Sarvis being tired of the hassles so he is getting out of the business and taking some cash to do something else.

Keep in mind there must be a Nondisclosure Agreement that prevents him from announcing whatever he wants w/o merger partner approval. In fact, I do expect the merger partner will be named soon, perhaps at same time they provide new management team. That's really just my hope, as I have no inside info to expect any particular news in any particular order.

I also expect there will be a need for shareholder vote on the merger details eventually, so more information will come.

As I've said before I believe SHOM is worth at least $2-5million based on annual revenues and the fact it is publicly trading (which is worth something if merger partner is not publicly traded), but I don't think it will ever reach a penny a share (w/o reverse split), which would make SHOM shares worth about $10million. That said, I hope I'm wrong and it exceeds my most optimistic expectations.

Try not to let the knucklehead pumpers here piss you off too bad. They take awhile to get used to.

'stockpeeker'