Replies to post #64401 on SOHM Inc (SHMN)

[MDPennyPlayer]

They don't even have the equipment up and running yet. Once it is and they do a test run, who is going to do production runs? They have no employees. The ramp up time to hire people manufacture, package, ship, and market products will take alot of time. Just because you can make a product in a limited run doesn't mean that you can make enough to make the revenue needed.

Production is about volume and SHMN has shown no plan on how they can produce anything, much less in volume.

[Myth]

Everyone read this PR, it was on 11/21....

https://www.globenewswire.com/news-release/2023/11/21/2784138/0/en/SOHM-Announces-New-CDMO-GMP-Manufacturing-Facility-in-Carlsbad-California.html

It fully explains what the co decided to do, and now all of the sudden they are dropping a ball ?

As of this press release, the facility is near-final. Full cGMP manufacturing capacity is expected to be completed by December 2023.

lol...

this was on the 28th...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173310765

simply amazing...

[SLC-JD]

Some things warrant disclosure, some don't. The purpose of an engineering run is to verify that everything functions properly, and that you are able to manufacture the product up to the customer's and regulator's specifications. Announcing successful run doesn't equate to revenue, and announcing an unsuccessful run makes the company look incompetent.

IMHO, proudly announcing nothingburgers as major accomplishments is not much more meaningful than making projections about future revenue based upon products that you hope to bring to market at some point.

Tell me (via PR or fins) when you're manufacturing/shipping material quantities of product to paying customers; tell me when you're generating meaningful revenue based upon those sales; tell me when you've successfully licensed some IP to a third party. Otherwise, it's all just fluff.