~ NEW YORK, NY--(Marketwired - Nov 16, 2016) - Southern Home Medical Inc. ( OTC PINK : SHOM ), a leading developer in the Healthcare Industry, has announced today that as a result of the new mergers the company has achieve two thousand percent increase in revenue for the period ending September 30, 2016. SHOM corporate earnings for the period ending September 30, 2016 have also increased to $32,255 as reported on the OTC Markets. "We are extremely pleased with the progress we have made this quarter, we intend to continue this trend and increase shareholder value.
"Our businesses operate as profit centers and are designed to be replicated without additional, large capital expenditures. What this means to shareholders is our profitability should continue to rise as we expand our business locations through the remainder of 2016," said George Chang, Chief Executive Officer. "While we are exceeding our expectations month-after-month in terms of revenues and net income, our stock price has yet to parallel our outstanding performance. We anticipate this to change, as we move to 'fully reporting status' and achieve higher visibility in the financial community." Mr. Chang also commented, "We are working on more developments for the company by improving our staffing with new and talented people who work hard every day. They can help create a lot of new products and also save time when they're using cutting edge technology to get the job done and creating a lot of profit. In addition, our company is working on bring more products to the table we are planning some collaboration in the future with the colleges such as Queens College, City College, MIT School."
About Southern Home Medical, Inc.: Southern Home Medical, Inc. is a Holding Company with a focus on servicing the needs of the Healthcare Industry. SHOM will continue to leverage the success of their businesses in order to expand sales opportunities in other locations throughout the country with health, medical and equipment needs. Websites: www.southernhomemedical.com http://twitter.com/southernhomemed http://www.facebook.com/southernhomemedical
Forward-Looking Statements: This release contains certain "forward-looking statements" relating to the business of the Company. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.