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Never trust a convicted felon. They can't be trusted, ever.
Seems u have no faith in our ceo but I do....hes a very successful guy...u shouldn't be so negative....
Breaking a penny without a doubt. 😆 Shawn Leon claims the reverse split will be into the dollars to support his NYSE uplist story. He talked about this in nearly all his podcasts. Then comes the dilution from the reg a offering which he also talked about in all his podcasts. He can keep his borrowing ponzi scheme going but he also needs some new cash donations from OTC trading badly. 😉
It appears this turned out to be a total BUST!!!
Going higher, this stock could easily break a penny again!
Nobody is buying into the rich boys bull shit. Once a criminal, always a criminal.
Take a look at the July 2021 press release for a 30K foot look at the Everina Treatment center deal. Without going into details of money spent since Ethema Health up to the 2021 closing had more than $1.1 invested in this treatment center with another 100 million shares handed over to Lawrence Hawkins that the company valued at $410K. Another $50K for a total of $1,600,985 as of the time of closing in 2021. Ethema Health has been supporting this treatment center ever since. What is more is that according to the July 8K where Shawn Leon awards himself management fees they show where the total management fees paid to Lawrence Hawkins was $420K.
So now Ethema Health is paying Lawrence Hawkins another $1.1 million for his 25% of the Evernia Treatment Center. This wasn't anything of a treatment center when purchased and is why they refer to it as a start-up in the 2021 press release. So they acquired the assets of the Boca facility for only $240K and assumed the lease which has about half of the number of beds as the Evernia facility. 🙄 Where did the money spent on Evernia go folks. Lawrence Hawkins now walks away with $1.1 million while Ethema Health bleeds cash? Just in case any of you Ethema longs were wondering where your current and future losses are going. That is just one example. 😆
Ethema Closes on Multi-Million Dollar Treatment Center
July 12, 2021 11:04 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/en/news-release/2021/07/12/2261364/0/en/Ethema-Closes-on-Multi-Million-Dollar-Treatment-Center.html
The Vendor retains 25% of the shares of ATI. In addition to advances in the form of an operating loan that the Company had advanced to ARIA as part of the consideration, the Company also issued to the Vendor 100,000,000 shares of Ethema common stock and agreed to pay the vendor $50,000.00 in cash.
At the time of closing the Company had loaned ARIA approximately $1.1 million to fund its start-up all of which it had borrowed from various lenders over the previous 15 months.
For the fiscal year ended: December 31, 2021
https://www.otcmarkets.com/filing/conv_pdf?id=15732252&guid=jsL-kaxCCoGaJth
4. Acquisition of subsidiaries
... As of the date of acquisition, July 1, 2021, the Company had advanced Evernia $1,140,985...
...Pursuant to the terms of the Amended Purchase Agreement, the consideration paid for 75% of the equity of ATHI was $50,000 in cash plus the issuance of 100,000,000 shares of the Company’s common stock with a market value of $410,000 on the date of acquisition...
July 2024 8K Filing
https://www.otcmarkets.com/filing/html?id=17679613&guid=jsL-kaxCCoGaJth
Item 3.02 Unregistered sale of Equity Securities.
The former owner partner had been paid management fees of 420,000 from 2021 to the end of 2023 which is the same amount that the CEO was entitled to but deferred...
Boca Purchase 8K
https://www.otcmarkets.com/filing/conv_pdf?id=17626396&guid=jsL-kaxCCoGaJth
...The seller was Boca Cove Detox, LLC. The purchase price was $240,000.00.
If it was $4590 you would have written ... WOW! killer day today ... 200 trades for $4590 ... obviously sharholders are jumping ship ...
wow, killer day today.😆 One buy for $45 and another taking the time to buy 90 cents worth. Two trades for $45.90 today must be impressing the he77 out of those who might subscribe to that regulation "A" offering. 😃 What is Shawn Leon's plan C if the leaseback debt relief effort fails? He and the misses may have to sign off on another guarantee after hoping traders of this stock would help bail them out from the last deal.
Bubae
Re: None
Monday, August 12, 2024 10:30:08 PM
Post# 50912 of 51158
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174909131
There are two banks dubbed the "lenders" in the 8K that need to sign off on the deal and you can bet that the Justice Department will have a say since they could seize the assets for the judgement penalties. Shawn Leon has a serious short term cash flow problem again and he is trying to keep the borrowing Ponzi scheme going from what I see. The push to promote the regulation "A" offering in June failed and according to the July podcast linked in post # 50641 below he was counting on those proceeds for the Boca and Edgewater operations. He may need to take whatever he can from the split and offering soon.
July 8K
https://www.otcmarkets.com/filing/html?id=17679613&guid=tPL-kH--xIzKJth
Bubae
Re: declaes post# 50637
Friday, July 19, 2024 9:09:30 AM
Post# 50641 of 51247
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174777669&txt2find=proceeds%2Bpodcast
The current owners of Edgewater don’t have much in the way of a bargaining position due to their legal problems. Leon smells an opportunity for himself with the sale/leaseback deal.Shareholders will just get saddled with the debt as they don’t have the ability to play games with their positions like Shawn and his wife can (Leon’s could convert their common back to preferred if they wanted to).
Edgewater is nothing more than a management agreement and letter of intent stage at this point and with all the stakeholders who have to approve the deal I don't see a fire sale. Like the purchase, sale , leaseback scheme of 2023 to repack $2.3 into a more than $9 million lease liability, Shawn Leon is trying to repack some more debt using the same method. That deal required the personal guarantee of Shawn Leon and his wife. Who will underwrite the current effort to repack the new debt and why does he find himself in this position again already. At what point does he do the reverse split and regulation offering that he has been talking about in all five podcasts since January.
The Edgewater purchase was done at firesale prices due to previous owners legal troubles. Likely a good purchase for Leon so he can do his sale/leaseback of the land on collect millions upfront.
They will likely have to change the name of Edgewater because of the stank of the former owners reputations. Nothing like having an alcohol recovery program and the two owners arrested for drunk driving and charged with other worse stuff.
Figure the authorities will be all over the facility with a fine tooth comb for some time, which is not bad by itself, but will cost new owners some expenses. It will be interesting to see how Leon transforms the facility and how long it takes to restore its reputation within the community.
Hahaha... 😁
Your DD is WORTHLESS!!!
OMID trading with a 75% spread today and 0 volume. Trading at bid 0.0163 and you bought at 0.05 a few months ago when GRST was trading at 0.0003.
GRST is UP 200%
You are down 63%
I'm down 0% on GRST
You are down 63%
Looks like you are laughing with your own stupidity!!!!
Your DD is misleading and worthless.
Have a great weekend.
And here you go again... 🙄🙄🙄🙄 poor broke man.
So again...
to all... Do your own DD...
Don't listen to me, don't listen to Bubae. We are all grownups. Glta.
https://www.sec.gov/ix?doc=/Archives/edgar/data/792935/000190359624000535/grst_10q.htm
https://www.sec.gov/ix?doc=/Archives/edgar/data/792935/000190359624000371/grst_10q.htm
Link: h t t p s : / /
youtu.be/zYar2RYzzCY?si=anGuTwHn54zWMZNY
EOM
You have never been correct talking about this stock. You have never presented any real due diligence. This is why you hold hold more than $100K of this trash. I have honestly never seen anyone admit to having so much tied up in one OTC stinky pink. Then you average down to 9, Shawn Leon pays for this expensive walk-up and you still can't unload. 😆
Shawn Leon burned his promotional material getting the price up on relatively low volume. If he can muster another crazy property purchase, sale, leaseback deal to wrap up the new debt he will likely use that promotion to move some offering shares. He needs to split this thing like he has been talking about before wasting another round of promotion. And that is what the expensive promotion since June was, wasted in terms of attracting new capital, converting debt, or converting that offering. Only fools are buying this stock right now and as you can see with the low volume, there aren't many of them.
declaes
Re: A deleted message
Friday, July 05, 2024 2:03:32 PM
Post# 50390of 51239
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174708577
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👀***Continue...Read More.....
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📑***Collins Dictionary
https://www.collinsdictionary.com › ...
You see. Another post to prove I'm right .. 😂 you have become an empty basher...
Maybe you should invest some more in that Bankrupt pot-stock 😆
That's funny. My posts a year ago would have been more speculative since there was less information. But I did predict how the loss of the Canadian property would go to the point where it looked like Shawn Leon followed my plan. He should have followed my advice at the beginning of 2022 with the split and offering after dumping 1 billion share dump in Q3 and Q4 2021 dropping this into the trips. No, he wouldn't try an offering until nine months later and to date he hasn't been able to do anything with it. Just borrow, borrow, borrow...Ponzi Scheme. 🙄
Now Shawn Leon has five podcasts and many press releases for 2024 where he talks about the plan. With the Mark Markowski and Shawn Leon comedy road show we pretty much have an idea the direction this is going.
They are probably doing the best thing right now with insiders position to convert to equity. I believe they should position the millions of insider debt to preferred shares of ATHI for an eventual exit. Let Ethema Health go bankrupt and file for an OTC listing under American Treatment Holdings, Inc (ATHI), the holding company for the treatment centers which already has a share structure of its own. Shawn Leon has essentially burned Ethema Health to the ground with debt from what I see .
Governments pay but they pay VERY slowly. My neighbor owns a halfway house facility for years. Expected by government to upgrade quickly to their standards, yet payments for rent have slowed down from 120 days to now almost a year over the last eight years. Everytime federal government threatens to shut down, the rent and other essential payments gets delayed 30-60 days, and then it takes another 60-90 days to get it back to the prior schedule.
As I said earlier, I think Etherma’s business plan is really buying property and executing a sales/leaseback transaction where Shawn can pull out the maximum cash upfront for himself.
''Most understand that these stinky pink tickers representing the worst of the worst companies are not an investment.''
Effectively, holding on GRST shares is a BET and not an INVESTMENT.
The participants understand that with a bet either you win or you lose, a BINARY OUTCOME.
That's why you constant analysises, as if GRST was an investment, is so ridiculous.
Like about a year ago, your posts about GRST made still some sense. But at this point, you have become an angry basher that makes no sense at all anymore...
Good sign for longs imo.
So again...
to all... Do your own DD...
Glta.
https://www.sec.gov/ix?doc=/Archives/edgar/data/792935/000190359624000535/grst_10q.htm
https://www.sec.gov/ix?doc=/Archives/edgar/data/792935/000190359624000371/grst_10q.htm
Link: h t t p s : / /
youtu.be/zYar2RYzzCY?si=anGuTwHn54zWMZNY
EOM
Shawn Leon has disparaged himself over the years. All it took for me was to bounce his narrative against the filings to reveal the dishonesty. OTC retail traders only care about one thing and that is can they flip the stock. They don't care if the company corrupt or bankrupt, only that they have a decent probability that they can they can flip short term for a profit. They love a story where the CEO is constantly pumping regardless if the narrative is believable or not. Most understand that these stinky pink tickers representing the worst of the worst companies are not an investment.
The problem here is that most retail understand that the shares of a regulation "A" offering are exempt from registration and are immediately tradable by those qualified buyers who subscribe. They also know that the offering trading price will be at a steep discount to market made viable by the reverse split. That is what Shawn Leon has been talking about in all five podcasts since early January. The reverse split and the offering? That debt has been getting paid for with new debt but without new cash coming from share sells that game like all Ponzi schemes eventually fails.
I get the feeling shawn is looking for more properties to buy and convert to drug rehabilitation clinics. People looking to sell now ,hard to collect rent, you know how it is.rent to someone, they don't pay and govt / city says ...yeah its ok its your right , not to pay
Jmo of course
Drug clinics goverment pays. Rather we citizens pay.however that's how it goes today
It's called connecting the dots. Proper DD.
Maybe you should try it sometime instead of bitterly attacking facts.
He that lieth down with dogs shall rise up with fleas