SOHM Inc (SHMN)

[SLC-JD]

I feel like we're talking about two different kinds of confidence here:

1) Confidence that the company will to increase revenue/profits year over year, and

2) Confidence that the company will follow through on its statements.

Obviously, the former is proven by the filings (and currently is being proven by the filings); the latter will need a clear and concise statement by the company either in the form of a PR, (since they're not required to file an 8-k), or with a detailed note in the quarterly/annual.

I would even be comfortable with the company coming out and saying that the parties weren't able to close the acquisition, so long as they made a good faith effort, and backed it up with full disclosure. The reason so many folks are still bitter about the buyback was because SHMN failed to say anything whatsoever about it until what, a year or two after it was supposed to have been completed.