SOHM Inc (SHMN)

[john12341]

sohm should be trading at .001 or better at this point. lets look

revs there is no net loss for the quarter shmn is to the good

For The Qtr
31st Mar.18

Revenue 180,837

Total Revenue 180,837

Cost of Goods Sold 85,545

Total Cost of Sales 85,545

Gross Profit 95,292

Total Expense 147,093

Net Income before extraordinary Items 33,744

NET INCOME (LOSS) 33,744

source
https://www.sohm.com/wp-content/uploads/2018/05/SHMN-Quarterly-Financials-03312018.pdf

all revs are from sail of products and services rendered

(b) They also claim that company revenues for Q1 is thru selling of company stocks, which is again made with some personal interest or grudges it seems. It is completely misguiding with vested interest. Company revenue is through its sell of products and services.

source
https://www.sohm.com/2018/06/04/sohm-releases-some-shareholder-updates-in-view-of-some-rumors/

there is no dilution here

Earnings per Share

The basic earnings (loss) per share is calculated by dividing the Company’s net income available
to common shareholders by the weighted average number of common shares during the year.
The diluted earnings (loss) per share is calculated by dividing the Company’s net income (loss)
available to common shareholders by the diluted weighted average number of shares outstanding
during the year. The diluted weighted average number of shares outstanding is the basic
weighted number of shares adjusted as of the first of the year for any potentially dilutive debt or
equity.

The Company has no potentially dilutive securities outstanding at the end of the statement
periods. Therefore, the basic and diluted earnings (loss) per share are presented on the face of
the statement of operations as the same number.

source
https://www.sohm.com/wp-content/uploads/2018/05/SHMN-Quarterly-Financials-03312018.pdf

(c) Their claims are that company has issued approx. 545 million stocks in last 5 months, which is again false. After August 2015, company has not issued any stocks including to any of its directors or promoters except in April 2018 when company has honored it’s one of its old notes and stock issued were approx. 108 million

source
https://www.sohm.com/2018/06/04/sohm-releases-some-shareholder-updates-in-view-of-some-rumors/

NOTES PAYABLE AND CAPITAL LEASE OBLIGATIONS:

Note 2. NOTES PAYABLE AND CAPITAL LEASE OBLIGATIONS:
Notes payable and capital lease obligations consist of the following:
There are long term notes payable and the long –term portion.

---------------------------------------------For Year Ended
Total Long Term Notes and short term notes 03/31/2018 1,206,430 12/31/2017 1,212,510

Total Loan Payable to Bank & Others 03/31/2018 51,482 12/31/2017 60,532

source
https://www.sohm.com/wp-content/uploads/2018/05/SHMN-Quarterly-Financials-03312018.pdf

the company is not considering any reverse splits .

(a) Company has not exercised any reverse splits in the last 10 years. Sohm, Inc did a reverse split when we took over management of the company from previous management team back in August 2008. After that Sohm, Inc has not exercises any reverse splits. Back in November 2017 we cancelled our only possible reverse split through a press release. Again, currently our management team is not considering any reverse split in the interest of every stakeholders including investors. It had confirmed also again few days back.


source
https://www.sohm.com/2018/06/04/sohm-releases-some-shareholder-updates-in-view-of-some-rumors/


(d) Company is working with its counsel to work with OTC to satisfy its compliance to move to Current and appropriate time when we come to know the progress, company would inform its shareholders with updates.

source
https://www.sohm.com/2018/06/04/sohm-releases-some-shareholder-updates-in-view-of-some-rumors/


latest update on twitter

SOHM, Inc.? @sohminc 8:51 AM - 12 Jul 2018

Thank you shareholders, while we wait for OTC to finish up their review and compliance, with our application,. We would like to any new share holders to view are most recent financials and press releases at http://www.sohm.com . Stay away from any rumors, and do you own DD.

source

Thank you shareholders, while we wait for OTC to finish up their review and compliance, with our application,. We would like to any new share holders to view are most recent financials and press releases at https://t.co/Bq1r1jpJ5f. Stay away from any rumors, and do you own DD.

— SOHM, Inc. (@sohminc) July 12, 2018

So with this said the comapny is sitting good. this is way undervalued here.