Southern Home Medical Inc (SHOM)

[investwise4858]

Ref: SHMM

The following is a post made to The Situation Room;

Posted by: investwise4858
Post #of 20

SHMM The post below is a partial copy of communication between myself and two well known posters here in Ihub.

One is unsolicited, that is, they contacted me with questions about SHMM. The other is solicited, that is, I took it upon myself to send a cc of the information below to another respected poster.

Out of respect to the parties involved his/her identity(s) will not be revealed.

Copy of my communication :

Ref: SHMM

Yes, some have taken positions, but it is very apparent when one monitors level 2, when more than just a couple buyers show at the offer window, there is notable action and price movement.

Folks are starting to realize that SHMM is totally transparent, that is, filings up to date with Pinksheets, TA is ungagged, and that the CEO honestly explained the arrangement with BA and its respective share payments (see SHMM board).

In addition, the CEO himself retired 10 million of his own shares in good faith, in an attempt to exibit his personal desire to support share prices.

Now, concerning the share arrangement with IR, UBSS is the mm that is(was)distributing said shares. UBSS was holding up the ask all alone for several days after I alerted my folks. Most of the UBSS shares were sold in the .041/.045 area. We knew this situation up front, it was related to me by the CEO, so we fully expected it.

I disclosed this fully to my folks, and posted publically about UBSS' presence and its attendant price suppression known to be temporary when numerically analyzed.

When UBSS left the ask with 10 minutes left to trade this past Friday, suddenly the issue reacted more appropriately considering its relatively low float.

In my constant observations of this security, all the rest of the mm's should be and indeed do react like regular retail.

Take heed of my of my investigative report that has been compiled by myself and the capable people that work in my office.

The results I have discovered that have not been PR'd :

SHMM has signed 5 markets for their Encore Medical Staffing subsidiary, they have active inquiries from over 30 additional folks that show considerable interest in the offered franchise.
Not PR'd

SHMM has an inked deal to acquire the third Louisiana nursing home supplier. They are now 3 for 3 in that game.
Not PR'd

Now this one, its a goodie, I have been told by my friend here in town, Abe Gustin, the founder and former (now retired) chairman of Applebees International, that Noah Griggs has a silent (thus far) position in this firm. He is a significant SHMM shareholder. Noah Griggs is a heavy weight in the franchising and marketing arena. He is best known for his turnaround of the Hardees Rest. chain.

A bit about Griggs:

NOAH J. GRIGGS, JR., EXECUTIVE VICE PRESIDENT,

HARDEE’S operations

Noah Griggs was named executive vice president of restaurant operations for Hardee’s company restaurants in July of 2000. In 2002 he assumed responsibility for franchise restaurant operations, increasing his responsibility to include all U.S. restaurant operations.

Griggs’ responsibilities include overseeing the successful restaurant operations turnaround at Hardee’s. In this position, he works directly with company franchise operators, human resources, operations development, training, marketing and finance to ensure all strategic plans are executed.

Griggs joined Hardee’s Food Systems in July 1996 as vice president of quality and standards and subsequently served as senior vice president of operations. Prior to joining HFS, Griggs worked as vice president of operations for the largest Hardee’s franchisee, which operated nearly 600 restaurants based out of Spartanburg, S.C.

link: http://www.ckr.com/about_management.html

Note that SHMM is principally administered out of Spartanburg.

Jeff Sarvis VP, Greg Tucker CEO, of SHMM are both capable and connected executives and have great resumes. They grew (Tucker with Spartan Foods, Sarvis with Quincy Steakhouse) while working for Jerry Richardson (of Carolina Panthers fame).

This is why I continue to accumulate this issue, these are Nasdaq folks milling around here in the Pinks... not many realize this yet and are paying attention. They will soon will I believe.

Speaking to uplisting plans, the CEO has told me that they are quietly getting the required information compiled to file a form 10. I like the fact that he is not making a big deal out of that fact, that means he's doing it.

Sorry for the long post, but I wanted to share these important points with you, I respect your opinions and will always welcome any thoughts you may have.

Lastly, I have CEO Tuckers' cell phone number, and a number to reach Sarvis as well, if you ever wish to call either, let me know.

Have a great week, all the best to you and yours.

-end of communication-

Link to post at THE SITUATION ROOM

http://www.investorshub.com/boards/read_msg.asp?message_id=20373692