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Replies to post #26551 on SOHM Inc (SHMN)
11/20/18 5:53 AM
Mr. Night stated that his prime goal and actions would be to work towards the company vision “Globalè Prospèro” and implement certain actions towards achieving its goal. The Company had previously set a goal to reach certain achievements by year 2020 but due to various hurdles, it has revised this goals to year 2022 or 2024. In the coming weeks after thorough study and consultations and planning, SOHM will provide additional updates.
Mr. Night also said, “The company’s operations will continue as planned by my predecessor for revenues and operations and development and not limited to only manufacturing, sales and marketing and finance but working and analyzing to adopt new technologies in coming days. This could include blockchain or supply chain integration or any other avenues.”
The company currently has manageable capital for its operations, with reduced operational costs. The company is not intending to conduct any reverse split but in coming days/weeks and months, the company will be considering a share buyback program. At the appropriate time, the company may make an announcement, if the company decides to pursue a buyback program after appropriate due diligence and consultation from our legal counsel. The company has not conducted a reverse split since 2008, when new management had taken over the company and was attempting to restructure the company’s capital stock. After a change in management in 2008, the company demonstrated very good growth until 2014, at which time the health of the company’s then-President, the company suffered drastic drop in its revenues. However, during the current year, management is encouraged by the orders it has received from its buyers and believes the future is bright.
11/20/18 8:23 AM
Sept. 10,2018
Mr. Baron Night was appointed as the sole member of the Board of Directors, President and CEO for SOHM, Inc.
Sept. 21,2018
The company has received its approval from OTCmarkets.com to use the OTC News & Disclosure Service to upload its financial statements and provide other required disclosures. The company is working with its legal counsel to cause its last two (2) years of financial statements and interim financial statements for the period ended March 31, 2018 to be made publicly available on OTCmarkets.com very shortly. Our March 31, 2018 financials are already published on our website.
Sept. 20,2018
SOHM is pleased to announce that OTC Markets has approved our application to OTC’s News and Disclosure Service. We will soon upload our financials for the last 2 years on OTC. We will continue to work to bring our disclosure status to current and maintain such status.
Nov 1
Today company has filed its 2nd qtr. results on OTC markets and we are working on 3rd qtr. results and filing. We are confident of filing it on or before due date. As expressed earlier, we will share updates in due course of time as and when it happens. $SHMN
Nov 12
We would like to update our shareholders that company is in coordination / communication with accountant, attorney and OTCM for 3q financial and attorney letter and will be filed to OTCM soon. Thanks again to all our shareholders.
