Replies to post #35912 on Southern Home Medical Inc (SHOM)

[VeronicaFox]

THE OTC IS ONE OF THE MOST HOSTILE PLACES TO BE AS A PUBLIC COMPANY.

The OTC is the most CORRUPT, full of public companies that are nothing more than insider enrichment schemes.

if SHOM management makes the decision to move from Pink Sheets to a bigger board.

That's the claim of every pink sheet scam, it's merely pure pie in the sky. SHOM is not even remotely close to meeting the requirements for listing on a Real exchange.

SHOM current yield sign on the OTC Market has been the same sign since day one with SHOM. We are in compliance with this sign based on OTC Market regulations.

The OTCMarkets yield sign designates companies with financial reporting problems, in economic distress, or bankruptcy, that make limited information publicly available. This category also includes companies that may not be troubled, but are unwilling to provide disclosure to Pink Basic Disclosure Guidelines.

As of this email today, the share structure remains as it is recorded on the OTC Market website. There has been no change.

That's 100% FALSE, Shouldn't Sarvis be more informed regarding ACCURATE SHOM data before making such an outrageously erroneous statement?

We don’t create a Press Release to pump up or create any fluff

However it just so happens there was a $40k P&D last week to accommodate the fluff news.

There will be more news as things move forward.

No doubt more SHOM fluff will be forthcoming, usually accompanied by a P&D.

[DJ Ponder]

NO I MEAN MIGUEL DOTRES

Fairly easy to see what is going on here.
False and misleading press releases.
A corresponding stock promotional campaign.
A transfer agent and the company itself that wont release the current share structure to the public.
Out of sequence submitting of unaudited financials.
A disappearance of $80,000 worth of convertible debt covered up by the appearance of the 2nd qtr financial as the latest financial as it misleads the public into thinking the debt remains.

The company entered into various unsecured debt arrangements in the form of promissory notes to multiple companies. All the promissory outlined in the chart below have similar terms and conditions. The total principle amount owed on the promissory notes is $80,500. Each of the notes are due 10 days after receiving a written demand for payment. All of the promissory notes bear an interest rate of 10% per annum. Payment of the notes can be either in cash or converted into Southern Home Medical, Inc. common stock. If payment is made in Southern Home Medical, Inc. common stock, the "conversion price" is the lessor of (a) the price that the Southern Home Medical, Inc. common stock is trading at on the date of the conversion less a 50% percent discount or (b) $0.0001per share.The principle balance on the notes as of June 30, 2016 was $80,500. Interest in the amount of $10,066 was accrued on the notes as of the p riod ending June 30, 2016.


800,500,000 SHARES AT A COST OF TRIPLE ZERO ONE.