SOHM Inc (SHMN)

[drugmanrx]

Biggest hurt here is management crediability, they made a statement to buy back stock in 2019 and didn't do it.

https://www.sohm.com/2019/02/26/sohm-inc-announces-shares-buyback-program/

They stated 14 new products in 4 to 5 months then lowered it to 7 product. That was March 25 and August 25 (5 months later) has come and gone, yet no new product announcement.

https://www.sohm.com/2021/03/25/sohm-inc-receives-a-mandate-for-development-manufacturing-and-supply-skincare-topical-products/

They stated acquisition closing late 2nd quarter early 3rd, didn't happen.

https://www.sohm.com/2021/04/27/sohm-inc-signs-a-mutual-letter-of-intent-for-an-acquisition-of-southern-california-based-pharmaceutical-company/

Then they changed the closing to end of 3rd quarter, and with one week to the end of the quarter still crickets.

https://www.sohm.com/category/press-releases/

Investors on the sidelines are looking for proof that the CEO can be taken at his word.