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Southern Home Medical Inc (EM) SHOM

Southern Home Medical, Inc. provides healthcare services to medical institutions in the United States. It supplies breathing equipment for patients with respiratory conditions; and oxygen concentrators, portable oxygen tanks, hospital beds, alternating pressure mattresses, patient lifts, tracheotomy supplies, commodes, walkers, and wheelchairs. The company also provides medical staffing needs to hospitals, rehab centers, nursing homes, mental health centers, and other medical facilities. It supports hospitals, rehab centers, nursing homes, and other medical facilities. Southern Home Medical, Inc. is based in Greer, South Carolina.


EXPM:SHOM - Post by User

Post by 1centeron Jan 02, 2016 12:11pm
310 Views
Post# 24424792

SHOM M&A Aggressively Targeted

SHOM M&A Aggressively Targeted$SHOM Southern Home Medical Greer, SC.  When reading this PR from DEC 16, 2015...
https://www.marketwired.com/press-release/southern-home-medical-aggressively-pursing-merger-acquisition-targets-otc-pink-shom-2082528.htm

 It's Important to go back and read the Shareholders Letter from CEO, Jeff L. Sarvis, on SEPT 17, 2015. I'll post the letter in it' entirity but first  here's a few exerpts to note.

...."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. We made it clear we have issued shares to make some of this happen."....


...."The position we create will help us with an acquisition, merger or sell of SHOM to a more attractive company"....

"ApneaRx is still a viable concept especially in an acquisition or merger with a company that has strong plans with capital set aside for growth in the healthcare arena."....

Here's the SH Letter in it's entirity

SHOM Corporate <corporate@southernhomemedical.com> Please forward to the list of shareholders you have. This relates to questions and calls received. From Jeff Sarvis, President & CEO: 1. Thanks for all of your questions, email and calls. We will neve
To
corporate@southernhomemedical.com
09/17/15 at 9:34 AM
 
Please forward to the list of shareholders you have. This relates to questions and calls received.
 
 
From Jeff Sarvis, President & CEO:
 
1.    Thanks for all of your questions, email and calls. We will never dodge these, and will answer to the best of our ability, as long as it complies with SEC guidelines. However, we cannot make everyone happy with our answers all the time but they are our answers, like them or not, and we will own them.
 
2.    We have never asked or pushed anyone to invest or buy shares in SHOM. Always your decision.
 
3.    We get many emails and calls from people we clearly know are truly not concerned about SHOM, but are doing it for their own personal agenda.
That’s OK too, but remember item #2.
 
4.    You ask to be on our mailing list until things don’t go your way and then you ask to be taken off, only to send more emails. That’s OK too, but think of the position our staff is put in trying to separate your agenda. We are not going to do this or even try. Remember item #2.
 
5.    As I have stated before, we feel completely confident in the future of our operating companies. We run a tight ship for a small company. Our reported financials support this. We have good people here, not perfect, but good people. The same people that pulled SHOM from the ruin! 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. We made it clear we have issued shares to make some of this happen. We have not hid that fact. We are a real company, which is not the case for a vast majority of the blank shells in the “Pink Sheet World”. No person should question this but yet you do? Makes no sense to us since anyone can have access to us if you really are concerned about something. We disclose 200% more to you than the majority of all pink sheet companies out there but you still compare us to the shell companies? Remember item #2.
 
6.    We have made it clear that we increased the O/S to create opportunity. We are constantly told that SHOM has never traded at what it is truly worth. We agree, but we can’t get hung up on this or worry about it. We made it clear that some long time shareholders have converted stock and have sold shares over the last year. Their right to do so and we accept and support this.
 
 
7.    We made it clear we are trying to raise cash for the future. You can look at our financials and see we do not need to raise cash to exist, run or operate our business. The position we create will help us with an acquisition, merger or sell of SHOM to a more attractive company. We have said it makes no sense to continue how things have been in the past and we are each day looking for the best deal for the future of SHOM, and its shareholders. We have made it clear we will not stay as we are. No person can tell you exactly when or what that will look like but we are committed to a change in the future. We have and are again making that clear. Doing the same old thing of the past is insanity. We wish not to be reckless but risks will be taken. We have said this before and we are telling you again. We’re going to get out of the box and it will come with risk. Remember item #2.
 
8.    We post all of our financials, on time and according to the OTC Market requirements and guidelines. We will continue to do press releases but to say we will do them every week or do it often makes no sense without some information looking like fluff and not good substance or information you need to know. Press releases are $475.00 per release with another $150.00 to add iHub that has been requested per several emails.
 
 
9.    ApneaRx has weaved its way thru the competitive bidding program. This has been crippling for small businesses and bad for the patients at the end of the day. We have now managed to a point of keeping our cost, expenses and revenues in line with one another. ApneaRx is still a viable concept especially in an acquisition or merger with a company that has strong plans with capital set aside for growth in the healthcare arena.
 
10.                       We are here each day working to create a better situation for our shareholders and employees involved in SHOM.  We will change the face of SHOM when the right opportunity is at hand and is abundantly clear.
 
 
 
Thank You ……………………….. JLS
 

 
www.southernhomemedical.com
https://twitter.com/#!/southernhomemed
https://www.facebook.com/southernhomemedical
 
Otner links
See 9 months 2015 vs 2014...https://www.otcmarkets.com/stock/SHOM/filings

All the news 2014-2015...
https://www.stockhouse.com/companies/news/shom/southern-home-medical-inc

Mr. Sarvis has been consistant in his plans.

Please do your own research before buying any stock, as it it your hard earned $$$












   
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