...involving Encore Medical Staffing, which Jeff speak of in #5 of that letter.
Excerpt
We have stated that we are trying to pull the franchisees back into the corporate fold to create a company with stronger revenues. This has been done in a substantial amount of ways and seems to be working, but it is not an overnight process and we are in business for the long haul. The Atlanta office is no longer a franchisee and was not merged with corporate. Corporate will begin to operate in Atlanta as a corporate operation. Building our base there will take some time but we are confident we will grow to a strong revenue stream in Atlanta.
PRESS RELEASE Southern Home Medical, Inc Announces Buyback of Franchisee Markets By Published: Aug 20, 2014 9:15 a.m. ET Aug 20, 2014 (eTeligis.com via COMTEX) -- LYMAN, SC, United States, via ETELIGIS INC., 08/20/2014 - - Southern Home Medical, Inc. (otc pink:SHOM) (pinksheets:SHOM), is pleased to announce the Company has completed the purchase of Encore Medical Staffing franchisee markets of Florence, Columbia, and Charleston, South Carolina; Nashville and Murfreesboro, Tennessee. The buyback of these offices is a critical stage in expansion of our product mix and corporate revenues. These acquisitions will boost operations, marketing, HR compliance, revenues, cash management and budgeting. Jeff Sarvis, President & CEO of Southern Home Medical, stated, "We are pleased with our acquisitions to date but more are close at hand. With our solid business plan moving forward, this is good news for our shareholders. This will create a more competitive business that allows us to expand our services to new clients, continue to build our culture of excellence, and strengthen our marketing efforts." The company completed these transactions the last day of July with cash and stock. About Southern Home Medical , Inc.: Southern Home Medical, Inc. is a Holding Company with a focus on servicing the needs of the Healthcare Industry. The Company has quality health care professionals to support hospitals, rehab centers, nursing homes and other medical facilities providing RN's, LPN's, CNA's, RT's, Billing Specialist, Customer Service Specialist. With contractual agreements in Columbia, Greenville, Florence, Myrtle Beach and Lake Hartwell, South Carolina; Nashville and Murfreesboro, Tennessee; Baltimore, Maryland; Atlanta, Georgia. Southern Home Medical will leverage the success of these business areas to expand sales opportunities in other areas with health, medical and equipment needs. Websites: www.southernhomemedical.com http://twitter.com/#!/southernhomemed http://www.facebook.com/southernhomemedical www.encoremedicalstaffing.com www.apnearx.net www.backgroundconsent.com Forward Looking Statement : The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may" "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance. Contact: Southern Home Medical, Inc. 1-800-915-0554 corporate@southernhomemedical.con SOURCE: Southern Home Medical, Inc. Associated Documentation: http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=27436 - Link to submission on http://www.eteligis.com http://www.eteligis.com/FileHandler.aspx?submissionRequest=27436&documentRequest=17134 - SHOM_8-20-2014_LST_ETL.doc Copyright eTeligis Inc. 2014. All rights reserved.
Southern Home Medical, Inc Persistent in Buyback of Franchisee Markets By Published: Sept 23, 2014 9:15 a.m. ET Sep 23, 2014 (eTeligis.com via COMTEX) -- LYMAN, SC, United States, via ETELIGIS INC., 09/23/2014 - - Southern Home Medical, Inc. (otc pink:SHOM)(pinksheets:SHOM), is pleased to announce the Companies persistence to buyback Encore Medical Staffing franchisee markets. The Dallas, Texas; Lake Hartwell and Myrtle Beach, South Carolina markets have been completed. Jeffrey L Sarvis, President & CEO of Southern Home Medical, "We are confident with our strategy. Our business forward includes current acquisition discussions with the Atlanta office, which is one of our biggest franchisees. Greenville, SC will also not escape our radar, as bringing this location in-house will be a win for the franchisees, staff and shareholders. This good news continues to demonstrate the positive impact the refocusing is having on the direction of the company. This will create a more competitive business, allowing us to expand our services to new clients, build our culture of excellence, and strengthen our branding efforts." The company completed these transactions the last day of August with cash and stock. No debt was incurred for these transactions. About Southern Home Medical , Inc.: Southern Home Medical, Inc. is a Holding Company with a focus on servicing the needs of the Healthcare Industry. The Company has quality health care professionals and medical equipment to support hospitals, rehab centers, nursing homes and other medical facilities providing RN's, LPN's, CNA's, RT's, Billing Specialist, Customer Service Specialist. With contractual agreements in Columbia, Greenville, Florence, Myrtle Beach and Lake Hartwell, South Carolina; Nashville and Murfreesboro, Tennessee; Atlanta, Georgia. Southern Home Medical will leverage the success of these business areas to expand sales opportunities in other areas with health, medical and equipment needs. Websites: www.southernhomemedical.com http://twitter.com/#!/southernhomemed http://www.facebook.com/southernhomemedical www.encoremedicalstaffing.com www.apnearx.net www.backgroundconsent.com Forward Looking Statement : The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may" "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance. CONTACT: Brittany Toole Director Southern Home Medical 864-661-1059 SOURCE: Southern Home Medical, Inc. Associated Documentation Associated Documentation: http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=27868 - Link to submission on http://www.eteligis.com http://www.eteligis.com/FileHandler.aspx?submissionRequest=27868&documentRequest=18097 - SHOM_9-23-2014_KAH_ETL.doc Copyright Eteligis Inc. 2014. All rights reserved.
Southern Home Medical, Inc. Announces Letter of Intent to Buy Back Franchise By Published: Jan 26, 2015 9:05 a.m. ET Jan 26, 2015 (eTeligis.com via COMTEX) -- GREER, SC, United States, via ETELIGIS INC., 01/26/2015 - - Southern Home Medical, Inc. (otc pink:SHOM) (pinksheets:SHOM), a holding company providing healthcare services, staffing and medical equipment to medical institutions and facilities announced today that it has signed a letter of intent to purchase back the Greenville/Spartanburg, SC market. "The healthcare industry is growing and changing as we have never seen before," says Jeffrey L Sarvis, President & CEO of Southern Home Medical, Inc. "This creates many opportunities to leverage our geographical footprint and broaden our core business, increase market penetration and expand our revenue base." This letter of intent provides for parties to complete a formal due diligence process over the next few weeks, with a final decision completed by January 31st. "We clearly see synergies associated with this transaction, and we look forward to continued success of the Encore brand," commented Buffy Tucker, Managing Partner with the Greenville/Spartanburg office. About Southern Home Medical , Inc . : Southern Home Medical, Inc. is a Holding Company with a focus on servicing the needs of the Healthcare Industry. The Company has quality health care professionals and medical equipment to support hospitals, rehab centers, nursing homes and other medical facilities providing RN's, LPN's, CNA's, RT's, Billing Specialist, Customer Service Specialist. With contractual agreements in Columbia, Greenville, Florence Myrtle Beach, South Carolina; Nashville and Murfreesboro, Tennessee; Atlanta, Georgia. Southern Home Medical will leverage the success of these business areas to expand sales opportunities in other areas with health, medical and equipment needs. Websites: www.southernhomemedical.com http://twitter.com/#!/southernhomemed http://www.facebook.com/southernhomemedical www.encoremedicalstaffing.com www.apnearx.net www.backgroundconsent.com Forward Looking Statement : The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in the document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may" "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance. CONTACT: Brittany Toole corporate@southernhomemedical.com 864-655-5902 SOURCE: Southern Home Medical, Inc. Associated Documentation: http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=27960 - Link to submission on http://www.eteligis.com http://www.eteligis.com/FileHandler.aspx?submissionRequest=27960&documentRequest=18268 - SHOM_1-26-2015_KAH_ETL.doc Copyright Eteligis Inc. 2015. All rights reserved.
March 18, 2015 09:00 ET Southern Home Medical Closes Acquisition Purchase Southern Home Medical, Inc. Closes Acquisition of Franchisee Market 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. We expect profits to be up close to 40K in first quarter of 2015 vs. LY. About Southern Home Medical, Inc.: Southern Home Medical, Inc. is a Holding Company with a focus on servicing the needs of the Healthcare Industry. The Company has quality health care professionals and medical equipment to support hospitals, rehab centers, nursing homes and other medical facilities providing RN's, LPN's, CNA's, RT's, Billing Specialist, Customer Service Specialist. With contractual agreements in Columbia, Greenville, Charleston, Florence, Myrtle Beach, South Carolina; Nashville and Murfreesboro, Tennessee; Atlanta, Georgia. SHOM continues to leverage the success of these business areas to expand sales opportunities in other areas with health, medical and equipment needs. Websites: www.southernhomemedical.com http://twitter.com/#!/southernhomemed http://www.facebook.com/southernhomemedical www.encoremedicalstaffing.com www.apnearx.net www.backgroundconsent.com Forward Looking Statement: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in the document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may" "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance. CONTACT INFORMATION • Email Contact: Southern Home Medical, Inc corporate@southernhomemedical.com 864-655-5902
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