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looks like shawn got a head start with the dilution
The buying pace is picking up. Go GRST!
already going backwards lol. let's get this back to 4 before the pr
Still thinking about that odd tweet signaling a press release in 2 weeks and we are nearly out of time. It would be a hoot if the intent was to get retail to hold for the news and then convert what shares they could during the 2 weeks. They were pretty clever with the tweet and share selling campaign February 28th that bagged another 150 million converted shares. It would also be in bad taste even for this CEO to do another share selling campaign and then announce a reverse split. Maybe they just convert what they can here and drop the bomb after hours on Friday. Lets face it, they had a ton of debt to pay for Q2 and have converted zero shares that we know of. I can't think of a single thing concerning how they handled the debt and the plan for capital needs going forward that would be good news for current shareholders. Dear shareholders and investors. The Company is in the process of finalizing several significant tasks which will be very positive for the Companies dual priorities of growth and managing debt. The developments will be announced by press release in the next two weeks. #GRST
Ethema Health @HealthEthema
Dear shareholders and investors. The Company is in the process of finalizing several significant tasks which will be very positive for the Companies dual priorities of growth and managing debt. The developments will be announced by press release in the next two weeks. #GRST
10:20 AM · Jun 17, 2022·Twitter for iPhone
Plenty of 8s for sale today. So where are we, like 11 days into their 2 week tweet guidance? When was the last time a press release about what was good for the company also good for shareholders? Dear shareholders and investors. The Company is in the process of finalizing several significant tasks which will be very positive for the Companies dual priorities of growth and managing debt. The developments will be announced by press release in the next two weeks. #GRST
Ethema Health @HealthEthema
Dear shareholders and investors. The Company is in the process of finalizing several significant tasks which will be very positive for the Companies dual priorities of growth and managing debt. The developments will be announced by press release in the next two weeks. #GRST
10:20 AM · Jun 17, 2022·Twitter for iPhone
One last share selling blowout in my opinion. The current growth narrative is done and the share structure doesn't provide the capital they need and is why they have only converted150 million shares for the year. The toxic financing of the past is no longer available so the reverse split should be in the near future to support a direct offering. Some of this volume used to walk it up will be sold back into it on the way down. I suspect that is what happened the last time when 200 million shares traded the first 30 minuets on the 28th of February. I'm thinking that the walk up shares is why the price dropped so quickly when the got their fill the last time. It is a crap company that saves the news for months then ambushes the traders with new shares when they finally update.
i know but it's been all 8s since friday
Walk it up to the kill zone. Wonder what the conversion price will be for this share selling campaign.
If money is no option to the Leon family why has the CEO chosen to issue billions of shares to dilute existing shareholders rather then use his cash to pay off the debt?
Answer: Because it's better for HIM to use other people's money and dump the debt on shareholders. GRST has increased the O/S count from 155 million shares as of 12/31/19 to 3.729 billion shares as of 3/31/22. The shareholders have zero control over what happens as Shawn control the voting rights the the preferred stock.
IMO, Shawn will chose HIS family first over all the shareholders if there is a choice to be made. You would to, if you were in this situation.
Yeah this one has R/S written all over it. Bloated O/S
Tale of the tape for the past year is consistent with my posts. When they release news it pops, they unload new shares, then it finds a new 52 week low. This has been the cycle for many months now and they are still drowning it debt. At what point do they call this a failed business model. I say it is when they can no longer dupe traders out of their money. It is coming to an end for this group of shareholders soon in my opinion. It is about time to fix the share structure and go after more funds through a direct offering. Just one last sheering of the sheep.
back to the endless 8s where shawn diluted a billion shares lol
Most of the time you provide links, links that have nothing to do with your statement, but you do know noone reads it, so it makes you look like reliable.
This post, you don't give a link. And there are people that exactly know how many shares are out. Just mail or call them. So yes your post is false.
False info? I am one of the few who provides pertinent information with links to that information.
Well you should ask this nice man, very friendly... I did ))))))) so yes I know!
Iso of guessing and spreading false info.
Luke Chakmakdjian
Shareholder Services Associate
Pacific Stock Transfer Company
Direct: 702-361-3033 Ext 111
6725 Via Austi Pkwy, Suite 300
Las Vegas, Nevada 89119
GRST - Overview 5 Entrepreneurs Who Failed Before Becoming Successful
What can we learn from those who refused to give up?
14 FEBRUARY 2020 Valentin Vassilev
5 Entrepreneurs Who Failed Before Becoming Successful
Few people are courageous enough to start their own company, although many want to. Fewer still go on to achieve success. History is full of entrepreneurs who failed once and became discouraged.
What can we learn, though, from those who refused to give up on their passion despite repeatedly enduring failure and rejection? What is the value and return on failure for them?
JK Rowling
Rowling’s life is the typical rags-to-riches story. She was living as a single mother on benefits before becoming the world's first billionaire author. Rowling completed “Harry Potter and the Philosopher's Stone” in 1995. The book was submitted to 12 publishing houses, but not a single one agreed to publish it. “Harry Potter” hit the bookstores only in 1997, and the rest, as they say, is history.
Along the way Rowling has learned to appreciate failure. "I don't think we talk about failure enough. It would've really helped to have someone who had had a measure of success come say to me, 'You will fail. That's inevitable. It's what you do with it'", she told Matt Lauer on NBC's Today. She considers her early failure a "gift" that was "painfully won", helping her to learn more about herself and her relationships through the difficult times.
Walt Disney
Walt Disney, the legendary animator, film producer, and theme park developer had quite a bumpy road to success. His first animation company, Laugh-O-Gram Studio, went bankrupt. He achieved a breakthrough with the creation of Oswald the Lucky Rabbit, only to lose the legal rights to the cartoon rabbit and see most of his fellow animators leave the studio. It was a big setback. However, Disney decided to create another character and start over. Soon after, Disney and Ub Iwerks created Mickey Mouse, who went on to become the most recognisable cartoon character in film history and later serve as a cornerstone for the Walt Disney entertainment empire.
Read: The Entrepreneurial Mindset that Will Boost Your Career
Bill Gates
Before they founded Microsoft in 1975, Bill Gates and Paul Allen established a company that did not enjoy the same degree of success, to say the least.
Still in high school, Gates worked for a company that measured traffic data from roadway traffic counters. “The process was monotonous, inefficient, and murder on the eyes”, Allen wrote in his 2012 memoir “Idea Man”. Gates and Allen knew that they could create a company that collects the data and releases the reports for traffic engineers more efficiently. So, they founded Traf-o-Data. Gates was barely 17 and Allen was 19.
The company achieved moderate success and operated for years, even after the establishment of Microsoft. Yet it ultimately failed after some states started offering the same service for free.
Steve Jobs
Steve Jobs, the technology pioneer who revolutionised the personal computer, co-founded Apple. The company became a success almost as soon as it was founded in 1976. Its IPO in 1980 was the biggest stock market launch since Ford in 1956. However, the relationship Jobs had with the company was complicated and he was forced to leave it in 1985 over differences with CEO John Sculley.
Jobs, however, was not given to rumination. He bought the computer animation studio Pixar and founded NeXT, a computer maker. While Pixar achieved major success (and was sold to Disney for USD 7.4bn in 2006), NeXT fared less well. Nevertheless, Apple bought NeXT in 1996, paving the way for Jobs to return to the company he co-founded. From then on, everything he touched turned to gold. Products such as the iPod, the iPhone, and the iPad turned Apple into one of the most successful companies in history.
Thomas Edison
“I have not failed 10,000 times—I have successfully found 10,000 ways that will not work.” Edison once said.
Thomas Edison is one of the greatest innovators and cultural figures of modern America. He pioneered the method of technological research and invented electric lighting and the phonograph. In addition, he made major contributions to power generation, motion pictures, and telecommunications.
Read: Can Leadership and Entrepreneurship Be Taught?
Some of Edison’s inventions proved unsuccessful, such as the electrographic vote recorder, the electric pen, and the talking doll. But one of his great qualities was that he did not agonise over past failures. Leonard DeGraaf, an archivist at the Thomas Edison National Historical Park who wrote a book on the inventor called “Edison and the Rise of Innovation”, says: “Edison is not a guy that looks back. Even for his biggest failures he didn’t spend a lot of time wringing his hands and saying ‘Oh my God, we spent a fortune on that.’”
Failure is a major part of entrepreneurial success. Its value is the gift of learning that empowers you to never stop pursuing your dreams. Just look around: the world is full inspiring stories. Today, entrepreneurship is all around us and is much needed in the corporate world as well for social welfare.
I guess it was actually 10 weeks later that they released the actual numbers. LOL unreal.
For the quarterly period ended March 31, 2022
https://sec.report/Document/0001903596-22-000301/
Using last quarter as a guide, it should be time for the "pre" release of earnings!! Then more than a month and a half later they finally release the double decker with cheese nothing burger of a filing. 400 million shares traded on the February 28th "pre earnings" release and then everyone yawned when the real numbers came in with the Q1 filing and May 16th release. They did however get that 150 million new shares into the market with a conversion price of .001, Good Job! Caveat Emptor!!
Ethema Health to Post Strong 4th Quarter Results
February 28, 2022 09:00 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/news-release/2022/02/28/2393290/0/en/Ethema-Health-to-Post-Strong-4th-Quarter-Results.html
Ethema Posts Positive Q1 Results
May 16, 2022 16:00 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/news-release/2022/05/16/2444282/0/en/Ethema-Posts-Positive-Q1-Results.html
No one knows how many shares they are adding. I follow one ticker that only updates their share count once a month so the OTC isn't enforcing their own rules to be pink current. There are shares that can be sold into the volume without showing up in the outstanding share count. The 100 million that the son holds for example. Keep an eye on the restricted count as well.
We won't know until the Q2 filing some time in August what they are really doing but we all know that they do not revealed new share sales in a press release . All I know is that the volume has increased with over 250 million traded even after the company's tweet about pending news. The price... not so much.
The four day share selling campaign that started February 28th was kicked off by a tweet and 600 million shares traded in just a few days. By the 11th of March the price was banking new lows and there are 150 million new shares in circulation.
.Exploring the possible press releases since they continue to leave traders twisting in the wind again. Below are the options for note holders who funded the start-up of the latest iteration of ARIA. I see 48% ownership of ATHI (ARIA) in options of the original 51% purchase. They could say that they have retired nearly $1 million by simply handing over the shares secured in the options. After all the note holders still retain 50% of the stated ownership even after they are repaid and it would take forever to repay them. The information below is from the Q2 2021 filing and states the ownership not only in dollars owed by also by percentage of ATHI (ARIA) shares. The Q1 2022 only states in dollars and leaves off the percentage of ownership.
Q2 filing for period Ended June 30th 2021
https://sec.report/Document/0001721868-21-000524/
12
ETHEMA HEALTH CORPORATION
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
5. Other investments
On June 30, 2020, the Company entered into an agreement whereby the Company will acquire 51% of American Treatment Holdings, Inc. (“ATHI”) from The Q Global Trust (“Seller”) and Lawrence B Hawkins (“Hawkins”), which in turn owns 100% of Evernia Health Services LLC. (“Evernia”), which operates drug rehabilitation facilities. The consideration for the acquisition is a loan to be provided by the purchaser to Evernia in the amount of $500,000. As of June 30, 2021, the Company had advanced Evernia approximately $1,188,470 including accrued interest thereon.
On July 12, 2020, the Company entered into a five year option agreement with Leonite Capital LLC (“Leonite”) and other investors (collectively the “Transferees”), the Company agreed to sell to Leonite a portion of the total outstanding shares of ATHI from the shares of ATHI held by the company. The Company provided Leonite an option to purchase 33% of ATHI from the Company for a purchase consideration of $0.0001 per share, based on the advances that Leonite made to the Company totaling $655,000. Leonite shall share in all distributions by ATHI to the Company, on an as exercised basis, equal to the advances made by Leonite to the Company, thereafter the option will be reduced to 50% of the shares exercisable under the option.
On September 14, 2020, the Company entered into a five year option agreement with Ed Blasiak (“Blasiak”) whereby the Company agreed to sell to Blasiak a portion of the total outstanding shares of ATHI. The Company provided Blasiak an option to purchase 2.5% of ATHI from the Company for a purchase consideration of $0.0001 per share, based on the advances that Blasiak made to the Company totaling $50,000. Blasiak shall share in all distributions by ATHI to the Company, on an as exercised basis, equal to the advances made by Blasiak to the Company, thereafter the option will be reduced to 50% of the shares exercisable under the option.
On October 29, 2020, the Company entered into a five year option agreement with First Fire whereby the Company agreed to sell to First Fire a portion of the total outstanding shares of ATHI. The Company provided First Fire an option to purchase 6.25% of ATHI from the Company for a purchase consideration of $0.0001 per share, based on the advances that First Fire made to the Company totaling $125,000. First Fire shall share in all distributions by ATHI to the Company, on an as exercised basis, equal to the advances made by First Fire to the Company, thereafter the option will be reduced to 50% of the shares exercisable under the option.
On October 29, 2020, the Company entered into a five year option agreement entered into with Bauman, so that the Company agreed to sell to Bauman a portion of the total outstanding shares of ATHI. The Company provided Bauman an option to purchase 6.25% of ATHI from the Company for a purchase consideration of $0.0001 per share, based on the advances that Bauman made to the Company totaling $125,000. Bauman shall share in all distributions by ATHI to the Company, on an as exercised basis, equal to the advances made by Bauman to the Company, thereafter the option will be reduced to 50% of the shares exercisable under the option.
Possible press releases... imo.... I think... probably... in the past it was....
Blablablabla blablablabla.
Are you even following? 100mil and 60mil day with ZERO shares added to the OS and up from 0.0004 to 0.0009 WTF are you talking about. That's $ 60,000 and $42000 to take GRST up 125%
So stop lying! If you knew this run was coming, I sure hope you bought at 0.0004 )))))))))))
GRST -Ethema Continues to Reduce Debt
March 01, 2022 10:19 ET | Source: Ethema Health Corporation
We have good relationships with all of our lenders and the lenders have worked with the Company to this end.
We will use cash flow from operations, new fixed rate debt, and market rate equity to do our very best to make this happen in the first half of 2022......
=========================================
***The Company growth is real and the elimination of variable rate debt is real.***Please see Post #42737 & 42751 Reply from The CEO!
.https://nz.finance.yahoo.com ›
GRST - https://fb.watch/bN-wNMFvWg/
https://t.co/5GwitXravc $GRST
.Exploring the possible press releases since they continue to leave traders twisting in the wind again. Below are the options for note holders who funded the start-up of the latest iteration of ARIA. I see 48% ownership of ATHI (ARIA) in options of the original 51% purchase. They could say that they have retired nearly $1 million by simply handing over the shares secured in the options. After all the note holders still retain 50% of the stated ownership even after they are repaid. The information below is from the Q2 2021 filing and states the ownership not only in dollars owed by also by percentage of ATHI (ARIA) shares. The Q1 2022 only states in dollars and leaves off the percentage of ownership.
Q2 filing for period Ended June 30th 2021
https://sec.report/Document/0001721868-21-000524/
12
ETHEMA HEALTH CORPORATION
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
5. Other investments
On June 30, 2020, the Company entered into an agreement whereby the Company will acquire 51% of American Treatment Holdings, Inc. (“ATHI”) from The Q Global Trust (“Seller”) and Lawrence B Hawkins (“Hawkins”), which in turn owns 100% of Evernia Health Services LLC. (“Evernia”), which operates drug rehabilitation facilities. The consideration for the acquisition is a loan to be provided by the purchaser to Evernia in the amount of $500,000. As of June 30, 2021, the Company had advanced Evernia approximately $1,188,470 including accrued interest thereon.
On July 12, 2020, the Company entered into a five year option agreement with Leonite Capital LLC (“Leonite”) and other investors (collectively the “Transferees”), the Company agreed to sell to Leonite a portion of the total outstanding shares of ATHI from the shares of ATHI held by the company. The Company provided Leonite an option to purchase 33% of ATHI from the Company for a purchase consideration of $0.0001 per share, based on the advances that Leonite made to the Company totaling $655,000. Leonite shall share in all distributions by ATHI to the Company, on an as exercised basis, equal to the advances made by Leonite to the Company, thereafter the option will be reduced to 50% of the shares exercisable under the option.
On September 14, 2020, the Company entered into a five year option agreement with Ed Blasiak (“Blasiak”) whereby the Company agreed to sell to Blasiak a portion of the total outstanding shares of ATHI. The Company provided Blasiak an option to purchase 2.5% of ATHI from the Company for a purchase consideration of $0.0001 per share, based on the advances that Blasiak made to the Company totaling $50,000. Blasiak shall share in all distributions by ATHI to the Company, on an as exercised basis, equal to the advances made by Blasiak to the Company, thereafter the option will be reduced to 50% of the shares exercisable under the option.
On October 29, 2020, the Company entered into a five year option agreement with First Fire whereby the Company agreed to sell to First Fire a portion of the total outstanding shares of ATHI. The Company provided First Fire an option to purchase 6.25% of ATHI from the Company for a purchase consideration of $0.0001 per share, based on the advances that First Fire made to the Company totaling $125,000. First Fire shall share in all distributions by ATHI to the Company, on an as exercised basis, equal to the advances made by First Fire to the Company, thereafter the option will be reduced to 50% of the shares exercisable under the option.
On October 29, 2020, the Company entered into a five year option agreement entered into with Bauman, so that the Company agreed to sell to Bauman a portion of the total outstanding shares of ATHI. The Company provided Bauman an option to purchase 6.25% of ATHI from the Company for a purchase consideration of $0.0001 per share, based on the advances that Bauman made to the Company totaling $125,000. Bauman shall share in all distributions by ATHI to the Company, on an as exercised basis, equal to the advances made by Bauman to the Company, thereafter the option will be reduced to 50% of the shares exercisable under the option.
GRST - <<it comes from the past failed enterprises>>
***<<Failure is a major part of entrepreneurial success. Its value is the gift of learning that empowers you to never stop pursuing your dreams. Just look around: the world is full inspiring stories. Today, entrepreneurship is all around us and is much needed in the corporate world as well for social welfare>>.
.https://nz.finance.yahoo.com ›
GRST - https://fb.watch/bN-wNMFvWg/
https://t.co/5GwitXravc $GRST
Actually what was outlined was the debt that is due for Q2. Yes it comes from the past failed enterprises but it still needs paid. I believe the game has already begun. 150 million shares traded the first 2 days of the tweet and it closed right back to .0005 the following day. This has had some good volume days in the past week and it is being soaked up by the selling rather than rising in price. Why so much selling when they tweeted about pending news? What will be the conversion price for the new shares this time.
GRST - As the Abuse Increase.....The Need of Detox Facility Increase as well.....
Opioid Use Disorder Market Forecast 2021-2028 | Opioid Use Disorder Industry Size, Share, Growth & Forecast
Pune, India, Dec. 01, 2021 (GLOBE NEWSWIRE) -- The global Opioid Use Disorder Market size is projected to reach USD 4.50 billion by 2026, exhibiting a CAGR of 10.8% during the forecast period. Increasing addiction to opioids across the globe will be the central force driving the growth of this market, shares Fortune Business Insights™ in its recent report, titled “Opioid Use Disorder Market Size, Share & Industry Analysis, By Drug Class (Buprenorphine, Methadone, and Naltrexone), By Route of Administration (Oral, and Parenteral), By Distribution Channel (Hospital Pharmacies, Retails Pharmacies & Stores, and Online Pharmacies), and Regional Forecast, 2019-2026”. The US National Institutes of Health (NIH) estimates that approximately 16 million people around the world are suffering from opioid use disorder (OUD).
In the US, the situation has worsened in the past few years, with the US government declaring opioid overdose a public health emergency in the country in 2017. As per NIH data, roughly 3 million Americans have OUD and over half a million US citizens are dependent on heroin. The NIH also reports that in 2015 nearly 92 million Americans used prescription opioids. This heightening dependency on opioids in the US and worldwide is likely to set the opioid use disorder market trends in the near future.
Request PDF Brochure of the Research Report:
https://www.fortunebusinessinsights.com/enquiry/sample/opioid-use-disorder-oud-market-102674
===============================================
***Analysis on United States' $42B Addiction Rehab Industryhttps://markets.businessinsider.com › news › stocks › an...
Jan 30, 2020 — Drug, alcohol and other addiction rehab in the United States is big business - $42 billion this year. T
GRST - Quote: Winning is not always about being the best. Sometimes it is about holding on the longest
The only thing worse than being blind is having sight but no vision.” Helen Keller
***The failure by some to see what is going on does not change what is going on......Progress are made and continue to be made!....
-The Company growth is real and the elimination of variable rate debt is real.***Please see Post #42737 & 42751 Reply from The CEO!
.https://nz.finance.yahoo.com ›
GRST - https://fb.watch/bN-wNMFvWg/
https://t.co/5GwitXravc $GRST
The good news is that we will soon be able to talk about what did or didn’t happen on June 30.
Living in the past isn't a good idea with GRST. They cleaned up a lot of mess in the last 12 months. And you keep talking about 24 months ago.
This has nothing to do with where GRST is standing today.
GRST has become a fully operational clinic and went from 2 employees to 42 employees. Revenues exploded and PR of debt under controle will soon hit the wire.
Huge steps forward were taken in the past 3 months and you keep posting about what happend 2 years ago.
)))))
GRST- Link to the trades.....
https://ih.advfn.com/stock-market/USOTC/demand-brands-pk-GRST/trades
An example of what this CEO is capable of. This while closing the previous ARIA treatment center at 5400 East Avenue, West Palm Beach January 2020. All that while promoting a glowing letter of intent for another treatment center that they had no way of financing. That treatment center that wasn't to be supposedly had $20 million in revenue for 2019 and an EBITDA of $3.6 Million. After that they were out of the treatment center business until they got this current narrative started. They will say, and have said, whatever it takes in my opinion.
For the quarterly period ended September 30, 2020
https://sec.report/Document/0001721868-20-000540/
12. Stockholders' deficit
a) Common shares
Authorized, issued and outstanding
The Company has authorized 10,000,000,000 shares with a par value of $0.01 per share. The company has issued and outstanding common shares of 1,577,862,975 and 155,483,897 as of March 31, 2020 and December 31, 2019, respectively.
Between January 6, 2020 and February 27, 2020, the Company issued 1,316,679,078 shares of common stock in terms of conversion notices received from convertible note holders. The shares issued were issued below par based on the market price of the stock on the date of conversion and were valued at $531,005.
Ethema Working on Acquisition Financing and Debt Reduction for 1st Quarter
January 16, 2020 15:31 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/news-release/2020/01/16/1971711/0/en/Ethema-Working-on-Acquisition-Financing-and-Debt-Reduction-for-1st-Quarter.html
Ethema Health Corporation (“Ethema” “GRST” or the “Company”), a provider of healthcare services, previously announced an LOI for the acquisition of a majority interest in an addiction treatment company. Efforts are underway to secure financing for the acquisition.
Efforts are underway to secure financing for the acquisition. Ethema is working with funders the Company is familiar with, having dealt with many over the last several years. There is a high level of interest in the quality of the acquisition and the Company expects to know which group they will be working with by the end of January 2020.
The Company has agreed to vacate its existing West Palm Beach property by January 31, 2020.
The termination of the operation in West Palm Beach will dramatically reduce the negative cash flow of the Company and allow it to focus on cleaning up the debt on the balance sheet as it works towards completing the acquisition. “There is a complete restructuring underway which we expect to stabilize the Company and get it prepared to take on new initiatives in the addiction treatment business
Ethema to Focus on Acquisitions for Growth Strategy
December 24, 2019 10:01 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/news-release/2019/12/24/1964449/0/en/Ethema-to-Focus-on-Acquisitions-for-Growth-Strategy.html
West Palm Beach, FL, Dec. 24, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ethema Health Corporation (OTCQB: GRST) (“Ethema” “GRST” or the “Company”), a provider of healthcare services, has announced that it has signed a non-binding Letter of Intent to acquire a majority interest in an addiction treatment company. The acquisition target will have approximately $20 million in revenue for 2019 and an EBITDA of $3.6 Million. Under the terms of the LOI the Company would be required to enter into a binding agreement by February 29, 2020 and be closed by April 30, 2020. The purchase price will be determined during the due diligence process and is subject to agreement by both parties.
This next share selling campaign may wring every last dollar out of this group of traders that it can in my opinion. The first 8 weeks of 2020 are an example when they dumped 1.3 billion new shares in only 8 weeks taking the price to .0001 where it stayed for 4 months. This time with the current narrative done and the share structure unable to raise capital it will mean the reverse split in my opinion. I look for them to take it completely down since that is where it will go anyway once the RS in announced anyway. The problem is that toxic financing is unavailable after the rule 144 changes at the end of 2021. So look around, every one is doing direct offerings now and this ticker can't do it with the current narrative and this share structure.
Total up below what they needed by June 30. This is just what I have been able to find. I expect an 8K soon that describes the carnage as a result of debt maturing in Q2 including the sale or handing over of the Canadian property. I see no way that they can swing a $3.9 million refinance of the mortgage by July 19th given that Leonite holds $700K against it and the dismal earnings for this company.
For the quarterly period ended March 31, 2022
https://sec.report/Document/0001903596-22-000301/
Auctus Fund, LLC
During March 2022, the Company paid $20,000 of principal on the convertible note, thereby reducing the principal outstanding to $80,000. The note matured May 7, 2020, Auctus Fund LLC has not declared a default and we are in constant discussion with the lender on settling the note.
Effective December 29, 2021, the Company entered into a modification of the convertible note agreement with Labrys whereby the May 7, 2021 note were amended as follows:
Labrys Fund, LP
>The Maturity date of the note was extended to May 31, 2022.
· >The triggering of the dilutive event on October 25, 2021 which reduced the conversion price of the convertible note to $0.001 per share, will not be utilized as long as any events of default under the note are not triggered.
· The Company agreed to make monthly payments under the note totaling $536,000 between January 10, and May 31, 2022.
During the three months ended March 31, 2022, the Company repaid $150,000 of the outstanding principal of the convertible note. There have been no further events of default in terms of this convertible note and we are in discussion with the note holder on settling the note.
Effective December 29, 2021, the Company entered into a modification of the convertible note agreement with Labrys whereby the May 7, 2021 note were amended as follows:
· >The Maturity date of the note was extended to June 30, 2022.
· >The triggering of the dilutive event on October 25, 2021 which reduced the conversion price of the convertible note to $0.001 per share, will not be utilized as long as any events of default under the note are not triggered.
· The Company agreed to make two equal payments of $127,650 on the note on May 31, and June 30, 2022.
The note is not in default and we are in discussions with the lender on settling the outstanding balance on this note.
Leonite Capital, LLC
Secured Promissory Notes
On March 1, 2022, the Company entered into a secured Promissory Note in the aggregate principal amount of $124,000 for net proceeds of $100,000 after an original issue discount of $24,000. The Note had a maturity date of April 1, 2022. and no default has been declared. We are in discussions with Leonite on the repayment of this note and the advancement of additional funds for business purposes.
21. Subsequent events
On May 3, 2022, the Company, entered into a secured Promissory Note in the aggregate principal amount of $76,250 for net proceeds of $61,000 after an original issue discount of $15,250. The Note had a maturity date of June 17, 2022 and bears interest at the rate of zero percent per annum from the date on which the Note was issued until the same became due and payable.
Ethema Continues to Reduce Debt
March 01, 2022 10:19 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/news-release/2022/03/01/2394545/0/en/Ethema-Continues-to-Reduce-Debt.html
...$100,000.00 on March 31, 2022, $150,000.00 on April 30, 2022 and $136,000.00 on May 31, 2022. As long as these payments are made Labrys has agreed not to make any conversions under the note. A similar amendment was made to the Labrys $230,000.00 note dated June 2, 2021 such that there will be no conversions under the note as long as the note is repaid in two equal payments of $127,650.00 on May 31, 2022 and June 30, 2022. The maturity date of the note was amended to June 30, 2022...
The Company entered into a forbearance agreement with Leonite Capital Inc. (“Leonite”) for their note dated July 12, 2020 which limits certain collection activities for payment defaults until June 28, 2022. The current conversion price being employed on the note is $.001 per share.
The Company has made four payments due on the $95,200.00 Geneva Roth Remark Holdings Inc. note dated September 30, 2021 including the latest payment on February 15, 2022 in the amount of $11,424.00.
December 2020 debt restructuring 8K
https://sec.report/Document/0001721868-20-000600/
Leonite Capital LLC
On July 12, 2020, the company entered into a debt extinguishment agreement with Leonite whereby the following occurred:
...On July 12, 2020, the Company entered into a Senior Secured Convertible Note agreement with Leonite for $440,000 with an original issue discount of $40,000 for gross proceeds of $400,000, the initial tranche advanced will be for cash of $200,000 plus the OID of $20,000, the remaining advances will be at the discretion of the Leonite...
...or after a six month period from the effective date at 60% of the lowest trading price during the preceding 21 consecutive trading days...
Well the son didn't sell a single share at $0.015 on the last run. I'm sure he isn't selling any at 0.0008 now ;-]]], for sure not now $GRST is in much better papers than 12 months ago... ))))
Can't wait to see GRST move over $0.015 again.
Maybe the son is feeding some of that 100 million shares that he got from mum for .00025 each off that tweet. No one could blame him at this point if the reverse split is in the works. It also wouldn't show up as a increase to the outstanding share count. it wouldn't be so flagrant in its profiteering given the huge losses experienced by shareholders and trigger complaints about insider trading. The problem with conflict of interest is probably why the CEO's wife legally "assigned the rights" over to the son in the first place. Also, it appears that they have deals to appease the current debt holders at the moment who find themselves in a bit of a pickle.
GRST - ***The failure by some to see what is going on does not change what is going on......Progress are made and continue to be made!....
-The Company growth is real and the elimination of variable rate debt is real.***Please see Post #42737 & 42751 Reply from The CEO!
.https://nz.finance.yahoo.com ›
GRST - https://fb.watch/bN-wNMFvWg/
https://t.co/5GwitXravc $GRST
So they tweet their new message around 10:30 am on the 17th. The day saw a volume of 109 million shares and 150 million over the two days. So we are to believe that reasonable retail share holders in this bottom range are taking profits knowing that there is pending news? It would appear to me that the intent of signaling near term news would encourage most to hold hoping to cash in from these low levels. But that is the intent...No? To encourage retail to hold so that they can have much of the selling to themselves maybe. So where did the selling pressure that soaked up the volume for those two days come from that caused the price to return to where it started at .005 by the close of the next day? Dear shareholders and investors. The Company is in the process of finalizing several significant tasks which will be very positive for the Companies dual priorities of growth and managing debt. The developments will be announced by press release in the next two weeks. #GRST
Much like the 4 days of press releases starting February 28th that was preceded by a tweet. 200 million shares traded the first 30 minuets on the 28th, 600 million traded over the first 3 days of the campaign and after unloading 150 million new shares with a conversion price of .001 they slapped it back to .007. By the 11th of March they had it back down to the new 52 week low of .0004.
I believe they will need to convert many more shares this time in my opinion and may be that last effort before fixing this share structure with a reverse split. This two year old story hasn't lived up to the hype and it is current narrative finally done in my opinion.
Ethema Health @HealthEthema
Dear shareholders and investors. The Company is in the process of finalizing several significant tasks which will be very positive for the Companies dual priorities of growth and managing debt. The developments will be announced by press release in the next two weeks. #GRST
10:20 AM · Jun 17, 2022·Twitter for iPhone
For the quarterly period ended March 31, 2022
https://sec.report/Document/0001903596-22-000301/
On February 28, 2022, in terms of a conversion notice, Leonite converted the principal sum of $149,250 of the Leonite Note into 150,000,000 shares of common stock at a conversion price of $0.0010 per share.
GRST - All seem to Proceed well......IMO, Shawn Leon is Acting Responsibly and doing his Best to Succeed!.....
Ethema Continues to Reduce Debt
March 01, 2022 10:19 ET | Source: Ethema Health Corporation
We have good relationships with all of our lenders and the lenders have worked with the Company to this end.
We will use cash flow from operations, new fixed rate debt, and market rate equity to do our very best to make this happen in the first half of 2022......
=========================================
***The Company growth is real and the elimination of variable rate debt is real.***Please see Post #42737 & 42751 Reply from The CEO!
GRST - https://fb.watch/bN-wNMFvWg/
https://t.co/5GwitXravc $GRST
Wishing the very best,
janet
There are a number of large debt payments due for Q2. The most notable was the Leonite note mentioned in the March 1st press release that puts default off until June 28th... Tuesday. Notice that they didn't mention how much is was for in the press release after being very specific about the other notes coming due in Q2.
Ethema Continues to Reduce Debt
March 01, 2022 10:19 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/news-release/2022/03/01/2394545/0/en/Ethema-Continues-to-Reduce-Debt.html
The Company entered into a forbearance agreement with Leonite Capital Inc. (“Leonite”) for their note dated July 12, 2020 which limits certain collection activities for payment defaults until June 28, 2022. The current conversion price being employed on the note is $.001 per share.
December 2020 debt restructuring 8K
https://sec.report/Document/0001721868-20-000600/
Leonite Capital LLC
On July 12, 2020, the company entered into a debt extinguishment agreement with Leonite whereby the following occurred:
...On July 12, 2020, the Company entered into a Senior Secured Convertible Note agreement with Leonite for $440,000 with an original issue discount of $40,000 for gross proceeds of $400,000, the initial tranche advanced will be for cash of $200,000 plus the OID of $20,000, the remaining advances will be at the discretion of the Leonite...
...or after a six month period from the effective date at 60% of the lowest trading price during the preceding 21 consecutive trading days...
This one gonna blast off into stratosphere next week
GRST -Ethema Health Corporation (GRST) stock price, news, quote ...https://nz.finance.yahoo.com › quote › GRST › p=GRST
Find the latest Ethema Health Corporation (GRST) stock quote, history, news and other ... to develop world-class programs and techniques for North America.
GRST - The Purpose that we Invest our money in Stocks to try to Make Money!.....
Shawn Leon is Projecting a Positive Outlook. - What is the point of not giving him our support!.....We have Nothing to Gain by Being Negative while we Stand to Profit by Being Positive!!!.....
-The Company growth is real and the elimination of variable rate debt is real.***Please see Post #42737 & 42751 Reply from The CEO!
GRST - https://fb.watch/bN-wNMFvWg/
https://t.co/5GwitXravc $GRST
yea first good week in how long? 3-4 months? hopefully it continues next week. i bet he releases the news after close on friday lol. have a great wknd
Look at the earnings and I'm not sure why anyone would think that the market cap is out of line. Look at the debt and one has to be amazed that they can continue to glean more trading losses to pay on the losses from the previous failed treatment center. $14K gross from the ARIA entity out of a leased property of which they can claim 75%. Note holders hold the majority of that figure in options to secure the start-up costs for this latest treatment center effort.
Looks to me like they will have to give up the Canadian property to pay on the debt and avoid the need to refinance the $3.9 million mortgage. What cash flow that they have had in the past came from this asset. Without out it this little investment holding company owns very little.
For the quarterly period ended March 31, 2022
https://sec.report/Document/0001903596-22-000301/
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