48M float, this is a steal. A real company with finacials posted on pinksheets.com
Southern Home Medical Equipment, Inc. (OTC: SHOM) is a holding company with a focus on serving the needs of the health care industry. EncoreMedicalStaffing.com
Through Encore Medical Staffing, Southern Home supplies quality health care professionals on a per diem and temporary contract basis to hospitals, rehab centers, nursing homes and other medical facilities.
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Talked with the CEO of SHOM and the 3rd Q should be out by Oct. 14th on pinksheets. Reduced debt and without dilution. Jeff Sarvis said he is the largest shareholder and he is going to make the company grow for shareholders. The company is very under valued.
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Stock is thinly traded and has a low float, so you will get wide spreads sometimes. When the price gets higher and more attention comes, the spreads will tighten as it gets more liquid with more players in the stock...
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CEO said there will be no dilution and he's looking at reducing the authorized to 200 million, he said there is lots of cash on hand and debts are being paid off. He said the company is getting stronger everyday. He doesn't agree with pumping the stock so that's why he doesn't use IR firms. Jeff said the Q should be out Monday or Tuesday.
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