SOHM Inc (SHMN)

[BSNLAW84]

So SHMN suffered 95% revenue losses, liquidated their entire Indian manufacturing business, laid off 97% of their employees are indefinitely suspended from business in the United States for fraud and unpaid taxes...

Oh, and when all is said and done and Mr. and Ms. Shah walk away holding the equivalent of nearly 200,000,000 shares... plus any cash they obtained from the fraud scheme that the FBI and SEC couldn’t trace..

Let’s not forget that Mr. Shah took out over $3.5 million in unsecured cash loans during his tenure that weren’t reported or accounted for until AFTER his conviction and sentence.. The FBI and SEC are obviously not done inviestigating 2015 and beyond.

SHMN is left with a negative $2 million cash balance, over $5 million in total debt and are projected to DEFAULT on their list liabilities this quarter.

“Move on” LOL