Replies to post #12147 on Southern Home Medical Inc (SHOM)

[BoilerRoom]

SHOM added 0.0004's last week been bidding 0.0003 for three weeks. Hearing big push this month

[MIKEY501]

3 quarters consecutive revenue growth with 3 quarters consecutive profits.

Southern Home Medical...
http://www.southernhomemedical.com/about-southern-home-medical

The Co. bought back most of it's Encore Nurse Staffing Franchise's with cash & stock last year continuing into the earlier part of this year. This accomplishes bring all the revs back in house.
This link is an interview with the CEO, Jeff Sarvis...
http://smallcapvoice.com/blog/southern-home-medical-ceo-jeffrey-l-sarvis-provides-update-and-outlook-in-a-new-audio-interview-at-smallcapvoice-com/

The most recent franchise acquisition...
GREER, SC--(Marketwired - Mar 18, 2015) - Southern Home Medical, Inc. (OTC PINK: SHOM), a holding company providing healthcare services, staffing and medical equipment to medical institutions and facilities announced today that it completed the acquisition purchase of the Greenville/Spartanburg, SC franchisee market.

"We are very excited to have closed on this particular transaction," says Jeffrey L Sarvis, President& CEO of Southern Home Medical, Inc. "This has created increased market penetration and expanded our revenue base."

This acquisition alone should increase Encore division revenues 500K and make a substantial increase in 1st quarter 2015 profits vs. 1st quarter 2014.

http://finance.yahoo.com/news/southern-home-medical-closes-acquisition-130000709.html

The rest you will find in the news on the Co. link above

An Atlanta GA location (Encore) also may be in the works, still wait on that info.

The annual report ending 2014
Total year Revenues $501k Net Income -$69k
with an OS of 306 mil share

9 months into 2015
Revenues $822k Net Income $74k
with and OS of 786mil $ float 462mil shares

so you can tell quite a few shares have made there way to the float but, growth came with it.

Debt? None to speak of. On the balance sheet $121k inter Co. and
$12k accounts payable. The $121k inter Co. loan is included in assets totaling $474k

Companies...http://www.southernhomemedical.com/about-southern-home-medical/companies

OTCmarkets...http://www.otcmarkets.com/stock/SHOM/filings

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