Southern Home Medical Inc (SHOM)

[stock_peeker]

Back to the basics, this is my understanding about the business of SHOM.

The real near-term catalyst for SHOM will probably be when/if they win their bids in NC for additional Medicare contracts. SHOM's ApneaRX can grow substantially by ramping up their device rental business thru Medicare contracts in North Carolina, as it is currently only doing business in South Carolina. NC Medicare contracts/awards are supposed to be announced by NC sometime before yearend.

Though the Encore business is more widespread geographically and sounds like the bigger part of the business, ApneaRX actually brings in approximately 85% of revenues, I believe. Encore brings in the other 15% as a franchise business model basis, providing reasonably-priced infrastructure and billing services to medical staffing agencies in large metro areas.

Encore provides a stable longer-term stream of revenue for SHOM than ApneaRX, but ApneaRX has the greatest chance to grow annual revenues substantially for SHOM.

Good Luck to all long-term SHOM shareholders. Screw the pump&dump jackoffs.