Generic pharmaceutical, cosmeceutical and nutraceutical firm SOHM Inc (OTCMKTS:SHMN), is involved in the manufacturing and marketing of a range of generic medicines covering a number of treatment categories. Yesterday, the company was in the news after it made introductions about its Tropical Care Skincare line of products.
On Monday, SHMN stock ended flat at $0.0008 with more than 2.26 million shares, compared to its average volume of 2.19 million shares. The stock moved within a range of $0.0007 – 0.0009 after opening trade at $0.0009.
SOHM, Inc. Introduces and Received Topical Skincare Line of Products Orders in Its Label
The Chief Executive Officer of the company Baron Night spoke about the development as well. He noted, as had been announced by SOHM previously, the company has a number of priorities with regards to its long term goals and one of its major goals was to promote the prescription tropical skincare products that it had come up with.
It was announced that SOHM had received orders for two of its products and 5 of its SKUs from among the 9 products that it had on offer. The two products are going to be made available once the manufacturing of the same is completed by SOHM’s strategic alliance company. Those products are expected to be delivered at some point between the 3rd and 4th weeks of May this year. Night added that he expected more OTC and prescription product orders to be placed in the coming days.