Replies to post #15342 on Southern Home Medical Inc (SHOM)

[The Rainmaker]

He showed everyone the merger didnt happen in 2011 because the other people didnt deliver. That 6 year old deal never had anything to with the merger now. He did a GREAT job clearing our CEO's name and shutting down the 6 year old BS stories.

[thewisdombull]

He's saying SHOM had a bad experience with a merger in the past. They have resolved this problem and spent 5 years improving themselves while waiting for the perfect merger opportunity. They have now found this opportunity and will release details by the end of the month. This is a very strong company with a good share structure that will not be changed. As well, during mergers, share structure is frozen until finalization. I find no risk in this play until merger finalization and it could level off and slow down, but SHOM will always be growing and this is a great long term investment you can rely on. IMHO. GLTA $SHOM

[UndergroundTrader]

Many of the details were incorrect altogether, yet there was a PR about a merger that didn't happen. That was due to a board member coming on that had a nefarious agenda, and during the due diligence process, it was discovered, and he was forced to resign. Of course the company had to deal with the fall out of all that bs, and where we find ourself today is in a totally different position. You read the sticky, no?

[1center]

To Southern Home Medical Equipment Shareholders
Date November 15, 2011
As we stated in our 3rd Quarter press release, management will do a monthly shareholder letters and post it on the Company website. Management will attempt to accommodate legitimate callers and emails of any questions that may come in, and as a result the Company would like to address the following topics of interest.
In the Company’s press release dated October 13th, 2011, Southern Home Medical announced its decision to suspend the pending acquisition/merger. The decision was primarily made due to the D.C. group’s pending litigation. Management continues to have the highest regard for the leadership of their company but have decided that it would be best to move forward until they have successfully completed their internal issues.

Jerry Overcash was asked to resign from the Board of SHOM based on a conflict of interest due to non-disclosure of his direct insider affiliations.

In conclusion, I am always proud of our staff and management teams constantly facing the known and unknowns that go on behind the scene. Each day they provide our shareholders a value that is unseen and not often noticed or recognized. We will continue to fight the issue from the past until the past is gone, so SHOM can continue to move forward with decisions that are in the best interest of the shareholders.


Sincerely,
Jeff Sarvis
President & CEO

http://www.southernhomemedical.com/pdf/Update%20to%20Shareholders%20-%20November%202011.pdf

http://www.southernhomemedical.com/update-to-the-shareholders

http://www.southernhomemedical.com/contact