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We would all like to see something new here. This is one serious Sh!t Sh@w and will continue to be as long as Leonite dictates what happens. Leonite is owed more than $3 million and they are the only secured note holder. Most other debt holders including the Leons are spectators at this point.
I'm thinking that the Leonite June note defaults by design and locks in 24% default interest which brings that exchange note up to $1 million. The language in the note addresses their participation rights for any offering. I suspect that they become the buyer for the first traunch or more of the offering and pay off their own note! LOL So their $596K investment in the exchange note turns into $1 million worth of offering shares which will award them a very nice return on what is already a very nice return. In the mean time they need to fix the share structure and come up with a better story.
Debt indeed matters... if not, GRST would be trading at $0.085
To me it looks like debt is starting to be under controle and a mc of 2mil is not fair to the value/debt story at GRST
But hey, everyone his/her opinion. Just no need to mislead or lie.
Most are focused on the numbers that really matter. That's why this is in the trips. Too much debt here.
Something NEW please...
Your opinion we have heard for over 1 year now.
https://capedge.com/filing/792935/0001903596-22-000804/GRST-10Q-2022Q3
This is the last REAL info...
"It doesn't matter what the CEO says", you always say... well it doesn't matter what a poster says either!
Focus on the numbers... or are those not what you hoped for? LOL
Have a great day.
The wasted the entire year with inaction. It was pretty clear at the beginning of the year that the dilution wasn't going to produce much more benefit. The dilution to .001 reset a number of notes which currently stands at roughly $750K. They were still selling plenty of 9s in January and February and they clearly should have known that they needed a split and to get an offering in place. Now the debt grows every quarter along with the debt servicing obligations.
Hey the good news is that they are growing their EBITDA number with the liability side of the spreadsheet which has been good for conning traders into believing that it represents profitability. Now the offering is in place and they badly need a new story because this one is done. We know this because their description of the business is the same as it was over a year ago.
EBITDA = Net Income + Taxes + Interest Expense + Depreciation & Amortization
For the quarterly period ended March 31, 2022
https://sec.report/Document/0001903596-22-000301/
Interest expense $ 80,768
For the quarterly period ended June 30, 2022
https://sec.report/Document/0001903596-22-000529/
Interest expense $122,848
For the quarterly period ended September 30, 2022
https://www.otcmarkets.com/filing/html?id=16200583&guid=wEG-knVR-IG9dth
Interest expense $163,561
PRELIMINARY OFFERING CIRCULAR DATED SEPTEMBER 8, 2022,
https://sec.report/Document/0001903596-22-000650/
Summary
...We operate the Addiction Recovery Institute of America, a 41-bed addiction treatment facility located in West Palm Beach, Florida. This facility is a three-story building with unfinished commercial space on the first floor and two floors of mixed commercial and residential space where clients are treated and sleep. The first-floor space is being completed at which time it will allow the center to expand to 52 beds by moving existing treatment space from the 2nd floor to the 1st Floor.
FAQ Page July 27th 2021
https://ethema.wpengine.com/?page_id=683
What can the total bed count be?
The ARIA lease includes approximately 4,000 square feet on the first floor of the building which is currently being built out for staff offices and treatment group rooms. This finished space will allow us to free up space on the second and third floor presently being used for offices and treatment and add 2 more detox beds, and 10 more partial hospitalization beds for a total of 54 beds. This is expected to be completed by September so that these extra beds should reflect in the fourth quarter numbers.
Indeed you have..
"I have been expecting the reverse split since the first of the year after they dropped right at 1 billion new shares in Q3 and Q4 which hammered it into the trips."
But it still did not happen did it LOL. Even better, since than, there hasn't been 1 share diluted. This for 3 straight quarters in a row.
The revenues went up from about 866,000 per Q to 1,425,000 per Q in that period
The bedcount is up almost 50% for next Q WOW.
Next Q GRST expect 1,800,000 revenues...
"Some indeed keep living in the past"
Expecting 8,000,000 revenues at 30% EBIDTA for 2023... this without further expanding. NICE
https://capedge.com/filing/792935/0001721868-21-000835/GRST-10Q-2021Q3
https://capedge.com/filing/792935/0001903596-22-000804/GRST-10Q-2022Q3
With LINKS and everything, so it must be true LOL.
back to 4 after any kind of run is pretty much guaranteed
almost an entire year of selling 5s. how is it possible if the SS is unchanged unless everyone is buying high and selling low lol. when will anything about this stock make sense
It is certainly an unfolding story, and Just painfully so for many. LOL These guys do nothing proactively. They do nothing until they must. I have been expecting the reverse split since the first of the year after they dropped right at 1 billion new shares in Q3 and Q4 which hammered it into the trips. Now the debt payment deal with Labrys a year ago has turned into the June Leonite exchange note which will be nearly a $1 million with expenses on March 1st. All other debt holders are unsecured and can just sit, pout, and hope they don't miss out completely. This company has a history of rewarding Leonite with the nice terms on their notes and this one will go the distance for that reason in my opinion. They went dark for 90 days last year after the Q3 filing and it would not surprise me if they do it again. What you have been doing has worked for you and I suspect it will again. Good luck.
I agree. There’s still an unfolding story some believe in without considering the debt. I’ll just bid sit and see what happens lol
No worries. SHareholders are here to pay for all of that.
So they need to borrow every quarter to service the existing debt and wasted 2022 with managing to only convert 150 million shares for debt. So what changes for 2023? Yep committing to $3.8 million for the" intent" to acquire more business, Trying to purchase the existing property which is another $4 million by the end of the year, they need to refinance the $3.5 million mortgage to hold onto the Canadian property. That is a lot of financing and a heavy lift for this balance sheet. Ridiculous yet? How about loan defaults in excess of $4 million, 745K Leonite note that matures March 1st with default interest of 24% and about $750K in debt eligible to convert at .001. This doesn't cover all of their debt obligations but it is a lot to ask from an offering without a decent story.
For the quarterly period ended September 30, 2022
https://www.otcmarkets.com/filing/html?id=16018411&guid=0nG-ke5HEt7fJth
b. Mortgage loans
The company has a mortgage loan as disclosed in note 12 above. The mortgage loan matured on July 19, 2022 and the Company currently owes $3,490,791. The terms of the loan are currently being negotiated.
22. Subsequent events
Subsequent to September 30, 2022, the Company re-negotiated the deposit payable for the acquisition of the Evernia building , in which the treatment center is housed from $1,500,000 to $350,000 which was paid on October 3, 2022. The expected closing is expected to be February 1, 2023. The Seller will provide financing of $4,000,000 at a coupon of 6.36% per annum, with interest only payments of $21,217 per month.
22. Subsequent events
For the quarterly period ended June 30, 2022
https://www.otcmarkets.com/filing/html?id=16018411&guid=0nG-ke5HEt7fJth
On July 18, 2022, the Company, through its subsidiary Evernia, entered into an option and Memorandum of Understanding Purchase, Sale and Financing Agreement, with the Evernia landlord, Evernia Station Limited Partnership (“Seller”), whereby the Company paid $50,000 for the option to acquire the building on September 30, 2022 for $5,500,000, with a deposit of $1,500,000 due on September 30, 2022, the $50,000 option price to be applied to the deposit. The expected closing is expected to be February 1, 2023. The current rental of $27,783 was reduced to $20,206 on payment of the option price of $50,000. The Seller will provide financing of $4,000,000 at a coupon of 6.36% per annum, with interest only payments of $21,217 per month. The term of the seller funding will be one year, due and payable on January 31, 2024.
GRST - Never Disregard the Imponderable!......Mr. Shawn Leon might surprise us going forward!!!......
***<<The Company has begun due diligence on a potential acquisition expected to close in late January. Due to confidentiality agreements the Company is prohibited from disclosing the name of the potential target. The targeted acquisition cost is approximately $3.8 million. The Company is also set to close on the acquisition of the property leased by its ARIA subsidiary at the end of January 2023.>>
<<The CEO say: We will continue to focus on growth while improving our balance sheet.>>
-The Company growth is real and the elimination of variable rate debt is real.
***Please see Post #42737 & 42751 Reply from The CEO!
=====================================================================
*** Shawn Leon did buy shares at 0.079 - He must feel Confident about the Future......
Purchase 2018-12-12
4:03 pm ETHEMA HEALTH Corp GRST Leon Shawn Edward
CEO
10% Owner 28,350 $0.079
(Direct) View
*****LINK*****
https://www.secform4.com/filings/792935/0001721868-18-000742.htm
.https://nz.finance.yahoo.com ›
GRST - https://fb.watch/bN-wNMFvWg/
You probably have plenty of time to catch a third flip on this. They need to do a lot to make the offering viable and I don't believe that they have any intention of paying off that Leonite note. Why waste the offering on debt payment when they need a new story badly.
The remaining assets that the company can claim aren't worth the $1 million in a soon to be defaulted Leonite note. They only paid $460K for the last 24 percent of ATHI (AKA ARIA, AKA Ethema) shares and 48% of the original 51% is secured by note holders in the form of options. 33% of that 51% is claimed by Leonite options. They can continue to boast about the bogus EBITDA number even if they don't own any of the treatment center like they have for the past year. Leonite also holds $700K against the Canadian property and with the mortgage that was due in July it isn't worth much more than that.
For the quarterly period ended September 30, 2022
https://www.otcmarkets.com/filing/html?id=16200583&guid=ieG-keZPsChJ2Vh
...Pursuant to the terms of the 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...
2020 December Debt Restructuring 8K
https://sec.report/Document/0001721868-20-000600/
22. Commitments and contingencies
c. ATHI Option agreements
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.
Actually this very expensive business model that wouldn't exist without trading losses (donations). Now they propose to buy another with a $3.8 million price tag yet they are unable to service the current debt, much of which is in default. This story is nearly 3 years old now and has duped many traders out of their money. Of the 75% that they claim to own of ARIA (AKA ATHI, AKA Ethema) most is secured by note holders in the form of options.
The huge debt that is the result of two previously closed treatment centers was financed with toxic debt. So "donations" to this company through trading losses just go into the pocket of Leonite who essentially allows this company to operate so that it can bleed it out every quarter.
Ethema Posts Strong 3rd Quarter Results and SEC Qualifies the Regulation A Form 1A Filing
November 29, 2022 08:00 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/en/news-release/2022/11/29/2563968/0/en/Ethema-Posts-Strong-3rd-Quarter-Results-and-SEC-Qualifies-the-Regulation-A-Form-1A-Filing.html
....The Company has begun due diligence on a potential acquisition expected to close in late January. Due to confidentiality agreements the Company is prohibited from disclosing the name of the potential target. The targeted acquisition cost is approximately $3.8 million. The Company is also set to close on the acquisition of the property leased by its ARIA subsidiary at the end of January 2023...
GRST - Amazing Lack of Humanitarian Sentiment to make few Dollar!.....We will all do much better by supporting our Investment and Mr. Shawn Leon while he is trying his best to bring the Company Profitable!.....
Yep, tired of the trips.
It's gotten to 7 twice this week. volume has been good.
.
I'm long term and an optimistic. And I'm tired of the 6s. .0008 by end of December would be nice
I have never seen a company that cultivates the variables of a EBITDA number for the purposes of promoting a profitability perception with its press releases. Beginning February 1st the lease payments for the treatment center turn into an interest payment instead. This will add to the interest expense component of a EBITDA which has already been growing rapidly each quarter this year. Look at how the deal for the property changed from Q2 when I had mentioned the exorbitant price for the property and in one quarter the price drops more than $1 million. LOL
So the $350K was borrowed likely in Q2 with the short term and very expensive loans which of course also helps the EBITDA number. A big helper will also be the default event on March 1st for the $745K Leonite note defaults with a default interest of 24% calculated back to day one per the note agreement. They have all kinds of good stuff going on to grow the interest expense to support the anticipated EBITDA increases promoted in the last press release. They will grow all the components of the EBITDA except the most important component "Net Income".
Mr. Shawn Leon, Company CEO, reported... We expect to substantially grow the EBITDA in 2023 as growth will become our sole objective after repaying the debt.”... After repaying the debt?!? LOL They will struggle to convert that offering to pay off just the single June Leonite note that will be worth nearly $1 million with expenses when it defaults in 3 months.
For the quarterly period ended September 30, 2022
https://www.otcmarkets.com/filing/html?id=16200583&guid=GxG-kKwX597-B3h
22. Subsequent events
Subsequent to September 30, 2022, the Company re-negotiated the deposit payable for the acquisition of the Evernia building , in which the treatment center is housed from $1,500,000 to $350,000 which was paid on October 3, 2022. The expected closing is expected to be February 1, 2023. The Seller will provide financing of $4,000,000 at a coupon of 6.36% per annum, with interest only payments of $21,217 per month.
or the quarterly period ended June 30, 2022
https://sec.report/Document/0001903596-22-000529/
22. Subsequent events
On July 18, 2022, the Company, through its subsidiary Evernia, entered into an option and Memorandum of Understanding Purchase, Sale and Financing Agreement, with the Evernia landlord, Evernia Station Limited Partnership (“Seller”), whereby the Company paid $50,000 for the option to acquire the building on September 30, 2022 for $5,500,000, with a deposit of $1,500,000 due on September 30, 2022, the $50,000 option price to be applied to the deposit. The expected closing is expected to be February 1, 2023. The current rental of $27,783 was reduced to $20,206 on payment of the option price of $50,000. The Seller will provide financing of $4,000,000 at a coupon of 6.36% per annum, with interest only payments of $21,217 per month. The term of the seller funding will be one year, due and payable on January 31, 2024.
EBITDA = Net Income + Taxes + Interest Expense + Depreciation & Amortization
For the quarterly period ended March 31, 2022
https://sec.report/Document/0001903596-22-000301/
Interest expense $ 80,768
For the quarterly period ended June 30, 2022
https://sec.report/Document/0001903596-22-000529/
Interest expense $122,848
For the quarterly period ended September 30, 2022
https://www.otcmarkets.com/filing/html?id=16200583&guid=wEG-knVR-IG9dth
Interest expense $163,561
Ethema Posts Strong 3rd Quarter Results and SEC Qualifies the Regulation A Form 1A Filing
November 29, 2022 08:00 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/en/news-release/2022/11/29/2563968/0/en/Ethema-Posts-Strong-3rd-Quarter-Results-and-SEC-Qualifies-the-Regulation-A-Form-1A-Filing.html
The Company’s ARIA subsidiary continued its growth and had a $712,839.00 EBITDA for the first nine months of the year. The Company’s wholly owned subsidiary, PB Billing LLC, which started operating in May 2022, had an EBITDA of $34,579.00 for the first 9 months of the year. Companywide EBITDA for the first nine months of the year was $898,920.00.
Mr. Shawn Leon, Company CEO, reported, “We had set a goal at the beginning of the year for our ARIA subsidiary to produce an EBITDA of $1,000,000 for calendar 2022. It looks like we are on track to make that goal and are very proud of our many associates and team members for helping us get there.
...We expect to substantially grow the EBITDA in 2023 as growth will become our sole objective after repaying the debt.”
Well there is one filing many should be paying attention to. Billions in new dilution is for real if they ever make the offering viable. I suspect that the price of the offering is subject to change once the reverse split amount is determined. Once the offering is viable and active the offering price becomes the center of gravity for future stock price performance. Seems to happen without exception with the OTC tickers.
Regulation "A" Offering Circular
https://sec.report/Document/0001903596-22-000650/
GRST -it Is about time for some to understand that "Obsessing" about the Filings Prevent from seeing the Positive Events Happening that can change the Company Status from Negative to Positive!!!
Nothing is Cast in Stone........From one Filing to the Next the Company keeps working ........Things happen.....
*** Mr. Shawn Leon is Pleased and is Projecting a Positive & Favorable Outlook......- Progress have been made......***The Satisfaction at ARIA Center is Good..... Clients Satisfaction is what makes the Business Grow!***......
***Customer satisfaction is a measurement that determines how well a company's Products or Services meet Customer Expectations. As such, it helps Predict Business Growth and Revenue.
***From declaes - Post 44335........
*** Addiction Recovery Institute of America
"74 Google reviews" -
***Updated Events that did Occur that should make the difference Going Forward!.....
1-Increase in Bed now 62
2-Increase in Billing Rate from New Directions....
***Increase in Staff now 46 from 2 last year- <<.https://nz.finance.yahoo.com >>
-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
Actually you can judge ones understanding of the subject based on their source of information. The facts in the filings reveal the misinformation in the press releases. In fact, previous press releases can reveal the misinformation in the latest press releases with bed counts being the best example. So judge the current status of ownership of this ticker based on the information that has been relied on.
GRST - We all have our Own Way of Judging what we Read???.....
I Presume that a Shareholder Being Invested....Contrary to a Non Shareholder....It is Normally More Incline to Judge "Withouth "Prejudice"!....
***"We continue to work on eliminating debt, especially convertible debt, and with stronger cash flow each month and the potential to raise new equity." said Shawn Leon, CEO.
***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/
Time will tell the story!
4 is the bottom straight up. I wouldn’t get greedy and bid 3. Support at 4 while the macd seems to be around 5/6 over the course of this past three months. On the sale side 7 is greedy with no support. If these guys were printing more shares the common long in here seems to have some mystical belief of value in this range
It is interesting that you picked up 4s to flip a couple of times now despite the consistently high volume on the bid. I have seen large walls before to give traders on the bubble a false sense of security. Many may not even place stop loss orders in the mistaken belief that the bid support was high. Those walls can instantly evaporate under the right circumstances.
Bid sit those 4s… this one is know to be a 2-3 tick flip.
Who cares what the potential market is when this facility is built out? this is a very expensive business model that requires new capital each quarter to operate. They still haven't paid the very expensive and short term Leonite notes from Q1 that matured in Q1. In Q2 and Q3 they borrowed against future earnings at a steep discount. So now what earnings they have aren't worth what they should be. No reason to believe that Q4 won't be more of the same.
All of Leonites debt is secured and the June note now matures in only 3 months. I would love to read over the "Security and Pledge Agreement" that was supposed to be attached to the June note 8K and details what "secured by all of the assets of Ethema Health Corporation and Addiction Recovery Institute of America, LLC." really means. If I were Leonite I would use my $3 million plus in senior secured debt to take control of this company and make some real money. Shareholders, other noteholders, and the Leons are all junior and unsecured stake holders at this point.
For the quarterly period ended June 30, 2022
https://sec.report/Document/0001903596-22-000529/
Leonite Fund I, LP
Effective June 1, 2022, The Company entered into a Note Exchange Agreement whereby
..., were exchanged for a new Senior Secured Convertible Promissory note in the principal amount of $745,375,... .
...The Note matures on March 1, 2023, and bears interest at the minimum of 10% per annum or the Wall Street Journal quoted prime rate plus 5.75%.
The convertible note is secured by all of the assets of Ethema Health Corporation and Addiction Recovery Institute of America, LLC.
June Leonite Note 8K
https://sec.report/Document/0001903596-22-000464/
...The obligations of the Borrower under this Note are secured pursuant to the terms of the security and pledge agreement (The "Security and Pledge Agreement" and collectively the Purchase Agreement, the "Related Documents"...
for the Period Ending 09/30/22
https://www.otcmarkets.com/filing/conv_pdf?id=16200583&guid=C8G-k6fOuPolh3h
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. This note has not been repaid at the date of this report
and no default has been declared.
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.
We are in discussions with Leonite on the repayment of these notes.
14. Receivables Funding
On May 31, 2022 the Company, through its 75% held subsidiary, Evernia Health Center, LLC entered into a Receivables Sale Agreement with Itria Ventures LLC (“Itria”), whereby $240,000 the Receivables of Evernia were sold to Itria, for gross proceeds of $200,000. The Company also incurred fees of $4,500, resulting in net proceeds of $195,500. The Company is obliged to pay 6.5% of the receivables until the amount of $240,000 is paid in full, with periodic repayments of $5,000 per week. The guarantor of the funding is a minority shareholder in ATHI.
On September 26, 2022, the Company, through its 75% held subsidiary, Evernia Health Center, LLC entered into a Receivables Sale Agreement with Itria Ventures LLC (“Itria”), whereby $310,000 of the Receivables of Evernia were sold to Itria, for gross proceeds of $250,000. The Company also incurred fees of $5,500, resulting in net proceeds of $244,500. The Company is obliged to pay 7.41% of the receivables until the amount of $310,000 is paid in full, with periodic repayments of $6,458 per week. The guarantor of the funding is a minority shareholder in ATHI.
The sad take is this conversation. How a fortunate few are able to modestly flip fortunate buys and timing. LOL. How far this has fallen through the inability of this company to manage its debt which deteriorates every quarter. It was fairly clear to me at the beginning of the year that this story was done in terms of their ability to service their debt with equity. Now they are playing their last card by selling their future earnings at a discount every quarter. They have already waited too long and now they struggle to create a new narrative from which to sell the offering. I doubt they split until they get their collective Sh!t together and by then I'm thinking Leonite will be running the show for real.
Yes it was, he said. He was the one that got the 1,000,000 shares at 0.0004 when there was a 200,000,000 bid LOL How lucky he was 1/200
You said flip at 0.0005... Some seem to be smarter
It seems you are trying to put words into my mouth... again. LOL
GRSTY - Addiction rehab market size: Marketdata estimates that the drug, alcohol and other addictions treatment industry will be worth $42 billion this year. Moderate but steady 5.2% annual growth in revenues is forecast through 2025, reaching $53 billion.
$42 Billion U.S. Addiction Rehab Industry Poised for Growth ...
***The United States Substance Abuse Treatment Market size was estimated at:
*USD 1,063.12 million in 2021;
*USD 1,150.26 million in 2022; and is projected to grow at a CAGR 9.30% to reach
*USD 1,812.92 million by 2027.
Actually I believe the flip was at 6 for those 4s. 33% is much better than nearly all who hold this and are underwater for more than a year. I don't knock anyone who can flip a buck in this market. Grab what you can. Never, ever, buy this ticker when they are promoting. Every single run sells off without exception. That pretty much goes for nearly all stinky pinks.
That 1 million that was sold at 0.0004 to paint the role... flip at 0.0005... that's $100 dollar!
Happy weekend! LOL.
Probably just hold a core and trade some blocks. There’s no rule that says you have to trade the entire position. lol
Yup pretty much sounds like a good story until you read the fine print. For a long while the share count was 2b now well over 3b with more conversions underway. Like any pink sheet the price is only as good as the story and here they’re stuck on chapter 1
Great trade... I will be waiting for the big money soon....
I hope
I got just under a million last week or the week before. I’d have to look. Selling at 6 not bad. All we can do in this market
1,000,000 sold at 0.0004 this round. Selling those at 0.0006
That's $200 profit... you lucky man... you were the 1 who got that 1mil shares at $0,0004 when there was a 200,000,000 bid at $0.0004
GRST - One Track Mind Peoples do not see further than the nose!!!.....Progress have been made and continue to be made!.....
*** Albert Einstein > Quotes >
***From declaes :.......- Post # 44335.
*** Addiction Recovery Institute of America
"74 Google reviews" -
***Progress have been made and Continue to me 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
GRST -*** NEVER DISREGARD THE IMPONDERABLE!!!.....We do not know what might happen going forward???
Years ago I did lose so much because I did not Hold on to my shares???......I was happy flipping!....
FWIW- ***A STORY THAT MAKES ONE WONDER ABOUT THE IMPONDERABLE.....
From one day to the Next day the stock went up so much that thinking it would go down I did not buy back right away....
Instead of going down... Hurricane Hydrocarbon kept going Up and Up....
FWIW Please read the nice story....
From Bankruptcy to Oil Riches
By Ian Austen
Published: Wednesday, August 24, 2005
NEW YORK — Six years ago, when Bernard Isautier took the helm of Hurricane Hydrocarbons, things looked bleak.
The company, based in Calgary, Alberta, was under bankruptcy protection. It controlled vast, recently privatized oil reserves in the Central Asian republic of Kazakhstan but had been drained by a dispute with a local refinery, a currency collapse and prices depressed by a flood of Russian oil into the country, a former Soviet republic.
Arriving at an opportune moment, Isautier bought the refinery involved in the dispute, paying in stock. Unfavorable deals with the Kazakh government were resolved. He recapitalized the company with money from European investors. And the price of oil went up.
Hurricane Hydrocarbons emerged from bankruptcy in 2000, and in 2003 Isautier changed its name to PetroKazakhstan.
On Monday, he announced a plan to sell the company to China National Petroleum Corp., or CNPC, for $4.18 billion, or $55 a share, a long way from the 27 cents that Hurricane traded at when it was in bankruptcy.
Isautier, 62, who owns 3.1 percent of PetroKazakhstan, has had a career that does not fit the mold of an oil company chief in Alberta. Though the company is officially based in Calgary, Isautier runs it from London and has moved its top executives there. With all its assets in Kazakhstan, the oil producer now has few ties to its official base.
Isautier, who was born in France, studied physics, mathematics and engineering at two universities that produce many of that country's top public servants and executives.
After eight years with the French Ministry of Industry, Isautier moved to Elf Aquitaine, an oil and natural gas producer owned at the time by the French government. In the mid-1970s, he was sent overseas to run Elf's Canadian subsidiary.
Isautier, who declined on Monday to be interviewed about his professional history, quickly took to the Canadian energy industry, which was rapidly expanding.
From 1981 to 1988, he worked for Polysar Energy & Chemicals, rising to chief executive of its Canterra Energy unit.
From 1990 to 1992, he was president and chief executive of Thomson Consumer Electronics in Paris.
Isautier first encountered Kazakhstan after he became president and chief executive of Canadian Occidental Petroleum, now known as Nexen, 12 years ago. That company had considered becoming a partner on a Kazakh project. After rejecting the idea as too risky, it operated a field there for Hurricane Hydrocarbons.
Isautier joined Hurricane in 1999 as chief executive. While its operations were widely viewed by Canadian investors as something of a black hole, PetroKazakhstan's treasurer, Jeffrey Auld, said Isautier had seen the company's potential.
"It was a spectacular set of oil fields that was the attraction for him," Auld said Monday from London.
Isautier thought that political changes in Kazakhstan would bring order to the business climate there, Auld said.
But the company is still embroiled in disputes with the Kazakh government. To help ease those problems, PetroKazakhstan hired a former Canadian prime minister, Jean Chrétien, as a special adviser last year, with limited effect.
What Isautier's next move will be is unclear.Under the purchase agreement, the Chinese company agreed to consider paying cash and stock in a new, as yet unnamed oil and natural gas exploration company that Isautier would run in Central Asia, just not in Kazakhstan.
Rival is 'looking at options'
Oil & Natural Gas, the Indian company that was outbid for PetroKazakhstan, is "looking at options," Bloomberg News quoted its chairman, Subir Raha, as saying Tuesday. PetroKazakhstan would have to pay a $125 million breakup fee if it canceled its deal with CNPC.
The lucky few who were able to snag some 7s at the open before they got away. LOL Hilarious.
GRST- Link to the trades.....
https://ih.advfn.com/stock-market/USOTC/demand-brands-pk-GRST/trades
GRST -- 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>>.
***The fact is, while there are an infinite number of ways that successful entrepreneurs make their money, there's only one thing they all have in common: failure. There's no shortage of examples of great successes who had to struggle before they became the winners we now know them as.Jan. 15, 2018
***Entrepreneurs Face Failure But the Successful Ones Didn't Quit!!!....
***TENACITY!!!.. This is where you put the work in. Tenacity is a key characteristic of any successful person, and basically the entire mindset of successful entrepreneurs. Included above all in the tenacious mindset is determination and work ethic.
*** 5 Successful Companies That Didn't Make a Dollar for 5 Years-
https://www.inc.com/drew-hendricks/5-successful-companies-that-didn-8217-t-make-a-dollar-for-5-years.html
Time will tell the story!!!....
He has made a string costly decisions since coming to Florida with two failed treatment centers resulting in the current debt problem. So buying in at 0.079 when the outstanding share count was very low and they had a QB listing is just another bad decision. He also kicked in $259K in Q1 to keep this going bringing the total owed to the Leons to be in excess of $2.5 million. You might note that they didn't take any of the funds owed to them in the form of shares of the common.
GRST - Customer satisfaction is a measurement that determines how well a company's Products or Services meet Customer Expectations. As such, it helps Predict Business Growth and Revenue.
***From declaes :.......- Post # 44335.
*** Addiction Recovery Institute of America
"74 Google reviews" -
***Progress have been made and Continue to me 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
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Wishing a Good Day
janet
278 treatment facilities located in the Miami metro area according to the yellow pages.
GRST - Never Disregard the Imponderable!......Mr. Shawn Leon might surprise us going forward!!!......
<<The CEO say: We will continue to focus on growth while improving our balance sheet.>>
-The Company growth is real and the elimination of variable rate debt is real.
***Please see Post #42737 & 42751 Reply from The CEO!
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*** Shawn Leon did buy shares at 0.079 - He must feel Confident about the Future......
Purchase 2018-12-12
4:03 pm ETHEMA HEALTH Corp GRST Leon Shawn Edward
CEO
10% Owner 28,350 $0.079
(Direct) View
*****LINK*****
https://www.secform4.com/filings/792935/0001721868-18-000742.htm
.https://nz.finance.yahoo.com ›
GRST - https://fb.watch/bN-wNMFvWg/
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