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GreeneStone Healthcare Corp. (GRST)

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Last Post: 3/24/2017 11:46:25 AM - Followers: 15 - Board type: Free - Posts Today: 0


5734 YongeStreet
Suite 300
New York, ONT M2M4E7

Fax: 416-222-1932

Shawn Leon   President

Share Structure:
Authorized 500,000 March 22, 2013
Outstanding 27,234,279 March 31, 2013
Float 13,000,000 Sept. 30, 2012

Transfer agent: Pacific Stock Transfer Co.
Incorporated: Colorado
Fiscal Year: December 31

Company Profile

GreeneStone Healthcare Corp. (GRST) is focused on operating medical and healthcare clinics in Ontario, Canada, offering addiction treatment, colonoscopy, endoscopy, minor cosmetic procedures, and executive health assessment programs. The company adds overflow capacity to an increasingly stretched provincial healthcare system, and provides private alternatives to publicly underserviced healthcare needs.

Ontario's public healthcare cost has grown at a compounded 7.1% rate over the past 10 years, now accounting for approximately $77B in government spending compared to $39B in 2000. This cost explosion is similar for the country as a whole, growing at 7.4% over the same period. The need for practical change to the system is immediate as demand continues to rise.

Governments are increasingly looking to private alternatives to address the growing trade-off between costs vs. service in the public healthcare system. Private services are expanding beyond their traditional place as overflow capacity to relieve wait times. GreeneStone Healthcare is particularly well positioned with a first-mover advantage in mental healthcare - a highly underserviced niche.

The company currently offers its various medical services via three medical clinics. Future plans include establishing partnerships for accelerated growth as well as dual-listing on CNSX. With positive revenue growth and cash flow positive status recently achieved, GreeneStone is methodically extending its vertical expertise in the healthcare industry.

Mission Statement

To be the trusted partner to organizations and their executive workforce by providing executives with seamless access to the health and performance professionals they need, when they need it, to perform at their best in the workplace.

Locations of Facilities

GreeneStone Clinic Toronto
 5734 Yonge St., Suite 300, Toronto, ON
GreeneStone Clinic Albany
 807 Broadview Avenue, Toronto, ON
GreeneStone Muskoka
3571 Muskoka Rd 169, Bala, ON

The challenge with most Executive health programs isn't in the quality of the services they provide, it's in the delivery. Executive medicals, counselling and coaching services are delivered by a variety of vendors, each one focused on providing only one service. While they can provide referrals to other services, there's no communication between them to ensure that their clients have all the help they need. The process focuses on service delivery rather than the client.

Physical health, emotional wellbeing and performance are all interconnected. After examining most Executive Health Programs, we realized that integrating these three aspects of Executive health and wellness was critical to addressing Executives' real "health" needs.

At GreeneStone, we feel it's our job to recognize each Executive's unique and diverse needs as they arise. Our case management approach focuses on assessing the client's needs and collaborating with specialists to address these needs with integrated services.

Our process is simple and seamless:

We offer initial intake by a highly-trained case manager who facilitates triage to best-in-class physicians, clinicians and coaches.

Specialists communicate with each other and with the client within a holistic context which leads to a better experience for the Executive and better outcomes overall. We focus on continuity and quality in case management and total client experience throughout the process with the highest regard for professionalism and confidentiality.

Seamless cross-referrals from one program to another enable clinical efficacy, operational efficiency, proactive problem-solving and comprehensive support for the full range of health and performance-compromising problems Executives may face.

Addiction Treatment

The private pay addiction treatment business is not well established in Canada and there are only a handful of competitors that provide these services. Two of the biggest providers are also government hospital licensed facilities, that do both OHIP insured services and privately paid services. Most hospitals have a mental health unit that can handle detoxification, but do not provide addiction treatment programs. There is only one large competitor that is very similar to GreeneStone Muskoka and they are on the west coast of Canada. There are hundreds of private paid facilities in the United States and they would be the major competitor for those with the highest ability to pay for service. Service in the United States that offer the same level of treatment that is offered by the Company is generally 50% to 100% more expensive. We believe that travel to the United States by those with potential travel restrictions as well as a higher cost will eliminate many U.S. facilities as competition.

Key Investment Highlights
  • Acquisition Growth Strategy to Provide Access to Additional Territories
  • Considerable Service Portfolio Expansion Potential in the Near-Term
  • Investor Exposure to the Nascent Canadian Private Healthcare Market
  • Particular Niches of Healthcare Not Adequately Supplied by Public System

10-Page Investor Summary

Latest News and Filings

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Current Price
Bid Ask Day's Range
GRST News: Annual Report (10-k) 04/17/2017 05:29:33 PM
GRST News: Current Report Filing (8-k) 04/11/2017 11:23:54 AM
GRST News: Notification That Annual Report Will Be Submitted Late (nt 10-k) 04/03/2017 01:05:38 PM
GRST News: New Opportunities for Affordable Care in Treatment of Substance Use Disorder 03/01/2017 08:30:00 AM
GRST News: Statement of Beneficial Ownership (sc 13d) 02/23/2017 05:13:54 PM
#899   Why is that heat/cool 03/24/17 11:46:25 AM
#898   I don't know. But it's cheap today. Okkarner 03/24/17 11:44:26 AM
#897   GRST Helping Tackle the Effects of Substance Abuse NetworkNewsWire 03/15/17 10:47:17 AM
#896   Announced this morning, yet you made your first slambino 03/14/17 01:03:09 PM
#895   GRST Announces Engagement of NetworkNewsWire NetworkNewsWire 03/14/17 09:27:52 AM
#894   GRST Bringing Unique Substance Abuse Recovery Approach to Florida NetworkNewsWire 03/13/17 09:04:57 AM
#893   When's this pos make a move upward heat/cool 03/10/17 01:38:48 PM
#892   Junk heat/cool 03/01/17 12:39:24 PM
#891   Gesus GRiST. willlbone 03/01/17 12:00:33 PM
#890   New Opportunities for Affordable Care in Treatment of NetworkNewsWire 03/01/17 08:56:52 AM
#889   $GRST. News pushed this up a bit but Unlimited~OTC 02/27/17 10:11:21 AM
#888   GRST Good Buy? What's the scoop? Simoleons 02/16/17 09:05:03 AM
#887   GRST Exits Canadian Addiction Treatment Business, Enters Florida NetworkNewsWire 02/14/17 03:46:25 PM
#886   GRST is “One to Watch” NetworkNewsWire 02/01/17 12:26:02 PM
#885   $GRST .035 x .0795 - there have been slambino 01/30/17 11:10:49 AM
#884   Press Release slambino 07/19/16 11:43:07 AM
#883   News just hit otcmarkets front page.. DF 01/05/16 12:34:57 PM
#882   filing out 8k! DF 12/31/15 03:15:53 PM
#881   very nice! Talk of senior exchange too. Acquiring DF 12/30/15 09:24:48 AM
#880   LOI is signed. PrepareForGlory 12/30/15 07:50:24 AM
#879   nice news just out acquisition of company with DF 12/29/15 03:53:09 PM
#878   I picked up some too.. superrr thin on slambino 12/22/15 09:37:14 PM
#877   Incredibly thin here. On a steep but consistent Machiavelli47 12/22/15 12:10:53 PM
#876   on watch m1999 11/24/15 06:32:41 AM
#875   Volume is real low... Very little interest roger wilco 05/11/15 03:03:50 PM
#874   Company is incapable of defining a strategy and robryberg 05/10/15 09:36:02 AM
#873   exactly- that's kinda what was discussed.. mgrove77 03/01/15 06:12:46 PM
#872   To many people associate a scam with convertible roger wilco 03/01/15 01:35:14 PM
#871   I actually dont think this is a scam mgrove77 03/01/15 12:51:50 PM
#865   AGREE 1000% Company is an ABSOLUTE SCAM AND FRAUD..... AdamS007 02/06/15 12:33:37 PM
#864   Anybody that would buy this SCAM needs to AdamS007 02/06/15 12:32:44 PM
#862   Nice buys at $0.11 to $0.17 and selling General_Sevier 02/06/15 12:00:45 PM
#861   DONT INVEST IN THIS COMPANY!!!!!!!!!! mgrove77 02/06/15 11:49:14 AM
#860   have you spoken with him? I can't get mgrove77 02/06/15 11:45:42 AM
#859   This is a COMPLETE Scam, AdamS007 02/06/15 11:34:36 AM
#858   yes, this is a scam.. Their investor relations mgrove77 02/06/15 11:31:08 AM
#855   wtf happened today??? mgrove77 02/04/15 05:23:31 PM
#854   is this a convertable note? Any guess when mgrove77 01/28/15 10:43:04 PM
#853   I told you he was trying to unload General_Sevier 01/28/15 09:10:56 PM
#852   Another big volume day for GRST, price still regressing. roger wilco 01/28/15 05:16:12 PM
#851   GAME OVER ON THE POS AdamS007 01/28/15 04:11:39 PM
#850   GRST slowly grinding down in price. roger wilco 01/27/15 03:39:53 PM
#849   GRST will become a dollar per share monster, roger wilco 01/27/15 12:41:51 PM
#848   this board is sleepy.. Think we are at mgrove77 01/27/15 12:37:24 PM
#847   Any time frame guesses on when that is mgrove77 01/24/15 01:46:08 PM
#846   I believe the convertible notes have been retired roger wilco 01/24/15 01:11:43 PM
#845   any idea why this keeps dropping? i was mgrove77 01/24/15 09:59:20 AM
#844   GRST looks like it needs some ASK slapping. roger wilco 01/16/15 01:27:14 PM
#843   Still bid sitting GRST waiting for it to roger wilco 01/14/15 12:12:40 PM
#842   Share price still down trending roger wilco 01/12/15 03:51:38 PM