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Every company that files a form A the volume goes to almost 0.Can't sell anything without volume.Sorry just venting,my .0006ss are looking sad.
Soon will be bounce, growth has come to the company, by the increase in need for beds.
GRST - Nothing Is Cast In Stone!......
***https://markets.ft.com/data/equities/tearsheet/profile?s=GRST:PKC
***https://simplywall.st/stocks/us/healthcare/otc-grst/ethema-health
***Post it By declaes: Post # 46811 - Wednesday, May 03, 2023 1:58:03 PM***
***DO YOUR OWN DD***
https://capedge.com/filing/792935/0001903596-23-000263/GRST-10K-2022FY
https://capedge.com/filing/792935/0001903596-22-000804/GRST-10Q-2022Q3
https://capedge.com/filing/792935/0001903596-22-000529/GRST-10Q-2022Q2
https://capedge.com/filing/792935/0001903596-22-000301/GRST-10Q-2022Q
Another Shawn Leon statement? Zero credibility after 3 years for this treatment center. Compare the bed count hype of a year ago with the statement in the latest filing. I can do this all week long.
Ethema's ARIA Treatment Center Adds More Beds
March 03, 2022 09:10 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/en/news-release/2022/03/03/2396414/0/en/Ethema-s-ARIA-Treatment-Center-Adds-More-Beds.html
ARIA expects to receive the certificate of occupancy in the month of March and this will make way for the addition of 10 more beds on the second and third floor for a total of 58 beds.
and if the Company is successful in leasing these units an additional 10 PHP beds could be added for a total of 68 beds.
Mr. Shawn Leon, Company CEO, reported, “The possibility of getting to 68 beds so soon after opening is empowering....
Latest Regulation "A" Circular filing
https://www.otcmarkets.com/filing/html?id=16623154&guid=tDu-keRV-tGvJth
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....
The company released a FAQ page on their website in July 2021that gave some insight to their thinking regarding stock "consolidation" or reverse split. Their 75% interest in the treatment center is in doubt now with the Leonite debt secured by assets along with other debt secured by options for direct shares of ATHI, the holding company for the treatment center. They company has clearly not paid on the June note or the two smaller, early 2022 notes that have been earning 24% interest and a monthly monitoring fee of $2000 each.
The Canadian property had a 5 year mortgage that matured July 2022 and has not been renegotiated as of the annual filing. Leonite holds $700K in series "A" shares against the property holding company Cranberry Cove Holdings, a subsidiary of the Ethema Health. Between the mortgage and the debt the property is a wash if liquidated for debt. Now they have the regulation "A" offering in the works that satisfies the "have to be some sort of financing tied to that" comment.
Where is that "Security and Pledge Agreement".
Ethema Health FAQ page July 2021
https://ethema.wpengine.com/?page_id=683
Will you do a stock consolidation?
...The Company does not foresee how that can happen now that it has a valuable asset in the treatment center and still has a well performing real estate asset in Canada. The second would be to up-list to an exchange that requires a minimum stock price. The Company could seek an up-listing at some point in the future but there would have to be some sort of financing tied to that. Neither of these situations are in the foreseeable future.
For the fiscal year ended: December 31, 2022
https://www.otcmarkets.com/filing/html?id=16535244&guid=QXm-kWGmkEC6Jth
12. Short-term Notes
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. Due to the failure to repay the note by due date, a penalty of $37,200 was added to the principal outstanding and the Company incurs a monthly monitoring fee of $2,000 per month. In addition the note earns interest at a default rate of 24% per annum on the total balance outstanding, including the monthly monitoring fee and accrued interest.
The Note had a maturity date of April 1, 2022. This note has not been repaid at the date of this report, we are in negotiations with Leonite to settle the balance outstanding and no default has been declared.
The balance outstanding on the note, including default penalty, interest accrued and monthly monitoring fees is $212,579 as of December 31, 2022.
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. Due to the failure to repay the note by due date, a penalty of $22,875 was added to the principal outstanding and the Company incurs a monthly monitoring fee of $2,000 per month. In addition the note earns interest at a default rate of 24% per annum on the total balance outstanding, including the monthly monitoring fee and accrued interest.
The Note had a maturity date of June 17, 2022. This note has not been repaid at the date of this report, we are in negotiations with Leonite to settle the balance outstanding and no default has been declared.
The balance outstanding on the note, including default penalty, interest accrued and monthly monitoring fees is $127,702 as of December 31, 2022.
For the quarterly period ended June 30, 2022
https://www.otcmarkets.com/filing/html?id=16018411&guid=5zm-kqGiKufgcVh
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://www.otcmarkets.com/filing/html?id=15961451&guid=5zm-kqGiKufgcVh
...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"...
GRST - Mr. Shawn Leon is Positive Going Forward....
***Drug Rehab West Palm Beach, FL | ARIAhttps://www.ariafl.com
***...We have repeatedly indicated throughout the year that our dual goals were to grow the company and to manage and repay the debt we accumulated in previous years. In the next few months, we expect to make substantial progress on these goals with the new equity raise outlined in the filed form 1A ***
***https://markets.ft.com/data/equities/tearsheet/profile?s=GRST:PKC
***https://simplywall.st/stocks/us/healthcare/otc-grst/ethema-health
***Post it By declaes: Post # 46811 - Wednesday, May 03, 2023 1:58:03 PM***
***DO YOUR OWN DD***
https://capedge.com/filing/792935/0001903596-23-000263/GRST-10K-2022FY
https://capedge.com/filing/792935/0001903596-22-000804/GRST-10Q-2022Q3
https://capedge.com/filing/792935/0001903596-22-000529/GRST-10Q-2022Q2
https://capedge.com/filing/792935/0001903596-22-000301/GRST-10Q-2022Q
============================================================
*** NO R/S - Post #46660 - ***
***GRST don't need a split and is not planning a split. Not for this offering, not on the near future***
***Nothing is IMPOSSIBLE!- Post #46824-***
https://m.facebook.com/story.php?story_fbid=pfbid0384zmAatZnTUzVhjkBMxiaSto25kuvLVWaDKCNCPMCqFGeP6h68jyFEt7zbVwEFfXl&id=100063477483736&sfnsn=mo
===============================================================
***GlobeNewswire***
Ethema Posts Strong Year End Results
Ethema Health Corporation- April 4, 2023
.https://nz.finance.yahoo.com ›
***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 Interesting Reply from The CEO***
GRST - https://fb.watch/bN-wNMFvWg/
https://t.co/5GwitXravc $GRST
If they stick to the .0012 price it will likely mean a small split which will net them very little in my opinion before the bottom falls out again. Most companies reverse split hard then issue the offering for around half the trading price. The management of this company doesn't make good decisions which is why they have so much debt earning default interest and fees.
They also have in the neighborhood of $750K in convertible debt that got repriced to .001 with the dilution at the end of 2021. They have the balance of the Leonite note that converted $150K in March 2022, another Leonite note that was announced in March 2022 to be in forbearance, and others that are eligible at .001 currently. This doesn't mean that they can't unload that at a cheaper price per share. What the company is doing makes no practical sense to me. One thing is for certain, retail traders will pay for the debt, not the company and certainly not the debt holders without the company going bust.
The balance on the Leonite note that partially converted February 28th is $173K, converts at .001.
For the quarterly period ended March 31, 2022
https://sec.report/Document/0001903596-22-000301/
10. Short-term Convertible Notes (continued)
Leonite Capital, LLC (continued)
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.
Joshua Bauman
On October 21, 2021, the Company entered into a Securities Purchase Agreement with Joshua Bauman (“Bauman”), pursuant to which the Company issued a senior secured convertible promissory note in the aggregate principal amount of $150,000, including an original issue discount of $16,250. The note bears interest at 11.0% per annum, which is guaranteed and earned in full on issue date and matures on October 21, 2022. The note may be prepaid at certain prepayment penalties and is convertible into shares of common stock at a conversion price at the option of the holder at $0.001 per share, adjusted for anti-dilution provisions.
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. The loan bears interest at 6.5% per annum and matures on June 12, 2021. The Company is required to make monthly payments of the accrued interest on the advances made.
Ethema Continues to Reduce Debt
March 01, 2022 10:19 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/en/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...
sometimes that happens but always come back.
GRST - 2 Days Zero Volume......Are Peoples on "Hold" .....Waiting to here what Mr. Shawn Leon is going to say???.......
Date Open High Low Close* Adj Close** Volume
May 05, 2023 0.0004 0.0004 0.0004 0.0004 0.0004 -
May 04, 2023 0.0004 0.0004 0.0004 0.0004 0.0004 -
May 03, 2023 0.0004 0.0004 0.0004 0.0004 0.0004 -10,500,000
***https://markets.ft.com/data/equities/tearsheet/profile?s=GRST:PKC
***https://simplywall.st/stocks/us/healthcare/otc-grst/ethema-health
***https://nz.finance.yahoo.com/
==========================================================
***Drug Rehab West Palm Beach, FL | ARIAhttps://www.ariafl.com
***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-
***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.
***<<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 Interesting Reply from The CEO!
*** Mr. Shawn Leon, Company CEO, reported, ...
...We have repeatedly indicated throughout the year that our dual goals were to grow the company and to manage and repay the debt we accumulated in previous years. In the next few months, we expect to make substantial progress on these goals with the new equity raise outlined in the filed form 1A....
***<<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 Interesting Reply from The CEO
.https://nz.finance.yahoo.com ›
GRST - https://fb.watch/bN-wNMFvWg/
https://t.co/5GwitXravc $GRST
Wishing a Good Weekend
Take care
janet
So true, thats for anything...look at square and leader paypal falling like all others...if u don't like a stock, don't try to discourage others...
At this point I would expect them to lower the offering price to .0004 or .0003 to get some shares sold to obtain some cash. Otherwise, no one will buy the shares .0012, people are reluctant to pay .0004 for shares now.
GRST - "Good things come to those who wait” -
English-speaking world. It's used to describe how patience is rewarded. If someone is willing to work hard and wait for an outcome they desire, it's going to come.
Enjoy the Weekend
Take Care
janet
So true, Janice, blue chips like paypal has been beaten up and naked shorted to dead too.
GRST - By: declaes Post# 46667- Wednesday, April 12, 2023
ARIA $GRST
Nothing is IMPOSSIBLE!
https://m.facebook.com/story.php?story_fbid=pfbid0384zmAatZnTUzVhjkBMxiaSto25kuvLVWaDKCNCPMCqFGeP6h68jyFEt7zbVwEFfXl&id=100063477483736&sfnsn=mo
***Mr. Shawn Leon is not an "Ordinary" CEO.....and The Market is Unpredictable!
Dreaming Big! No volume here.
New filings are out. Apparently they screwed up the reg. "A" amendment and had to redo it as a "Post Qualification Amendment POS". It is no wonder this company moves at what I describe as a glacial speed. It takes them anywhere from forever to never when it comes to doing anything tat they announce. Looks like that regulation "A" offering is getting closer none the less. Does anyone want to guess how they will sell shares at three times current market that hasn't traded a single share in nearly two days?
AW filing
https://www.otcmarkets.com/filing/html?id=16623043&guid=C2u-kn8hn_cHJth
1A-POS filing
https://www.otcmarkets.com/filing/html?id=16623154&guid=C2u-kn8hn_cHJth
The regulation "A" offering means more than 4 billion news shares added according to the filing circular with the primary purpose being debt repayment from previous failed treatment centers financed with toxic debt. Toxic debt is typically a death spiral unless retail traders donate through share purchases. Few companies can afford to pay more than 100% mark-up on the notes that they agree to.
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
We have repeatedly indicated throughout the year that our dual goals were to grow the company and to manage and repay the debt we accumulated in previous years. In the next few months, we expect to make substantial progress on these goals with the new equity raise outlined in the filed form 1A.
GRST - What is Mr. Shawn Leon thinking???............
*** Why use Reg A+? ............Do we know Everything??? ..........
Reg A+ offerings are a flexible tool. For private companies, Reg A+ offerings can facilitate a going-public listing on the NASDAQ/NYSE or on over the counter (“OTC”) markets, incurring fewer expenses and with greater efficiency than a traditional IPO
***https://markets.ft.com/data/equities/tearsheet/profile?s=GRST:PKC
***https://simplywall.st/stocks/us/healthcare/otc-grst/ethema-health
===========================================================
***<<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 Interesting Reply from The CEO!
*** Mr. Shawn Leon, Company CEO, reported, ...
...We have repeatedly indicated throughout the year that our dual goals were to grow the company and to manage and repay the debt we accumulated in previous years. In the next few months, we expect to make substantial progress on these goals with the new equity raise outlined in the filed form 1A....
***<<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 Interesting Reply from The CEO!
.https://nz.finance.yahoo.com ›
GRST - https://fb.watch/bN-wNMFvWg/
https://t.co/5GwitXravc $GRST
Not profitable for the current shareholders.
The company isn't profitable when they are paying default terms on their notes and must borrow each quarter to cover it. This has been going on for a long time now and the company does not seem to be in any hurry to at least stop the bleeding. A company can only do this if they believe that they can dupe retail traders into buying in or are closing up shop. I think they are finding that this business model isn't getting any traction with traders in this market. Traders in this market also understand that a regulation "A" offering for debt is bad news. I would like to see the "Security and Pledge Agreement" that this "honest" CEO is hiding from everyone
For the fiscal year ended: December 31, 2022
https://www.otcmarkets.com/filing/html?id=16535244&guid=QXm-kWGmkEC6Jth
12. Short-term Notes
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. Due to the failure to repay the note by due date, a penalty of $37,200 was added to the principal outstanding and the Company incurs a monthly monitoring fee of $2,000 per month. In addition the note earns interest at a default rate of 24% per annum on the total balance outstanding, including the monthly monitoring fee and accrued interest.
The Note had a maturity date of April 1, 2022. This note has not been repaid at the date of this report, we are in negotiations with Leonite to settle the balance outstanding and no default has been declared.
The balance outstanding on the note, including default penalty, interest accrued and monthly monitoring fees is $212,579 as of December 31, 2022.
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. Due to the failure to repay the note by due date, a penalty of $22,875 was added to the principal outstanding and the Company incurs a monthly monitoring fee of $2,000 per month. In addition the note earns interest at a default rate of 24% per annum on the total balance outstanding, including the monthly monitoring fee and accrued interest.
The Note had a maturity date of June 17, 2022. This note has not been repaid at the date of this report, we are in negotiations with Leonite to settle the balance outstanding and no default has been declared.
The balance outstanding on the note, including default penalty, interest accrued and monthly monitoring fees is $127,702 as of December 31, 2022.
For the quarterly period ended June 30, 2022
https://www.otcmarkets.com/filing/html?id=16018411&guid=5zm-kqGiKufgcVh
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://www.otcmarkets.com/filing/html?id=15961451&guid=5zm-kqGiKufgcVh
...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"...
GRST - <<DO YOUR OWN DD>>......
***Becoming Profitable***........
https://markets.ft.com/data/equities/tearsheet/profile?s=GRST:PKC
https://simplywall.st/stocks/us/healthcare/otc-grst/ethema-health
============================================================
***Drug Rehab West Palm Beach, FL | ARIAhttps://www.ariafl.com
***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-
***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.
***<<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 Interesting Reply from The CEO!
*** Mr. Shawn Leon, Company CEO, reported, ...
...We have repeatedly indicated throughout the year that our dual goals were to grow the company and to manage and repay the debt we accumulated in previous years. In the next few months, we expect to make substantial progress on these goals with the new equity raise outlined in the filed form 1A....
***<<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 Interesting Reply from The CEO!
.https://nz.finance.yahoo.com ›
GRST - https://fb.watch/bN-wNMFvWg/
https://t.co/5GwitXravc $GRST
Pretty easy to decipher here. Forget all the "he's a great man" garbage....did they borrow money from the wrong people?
If the answer is yes, nothing else matters and best strategy is to move far from this stock.
GRST- THIS EXPLICIT FACTS Determine the CREDIBILITY:
***A Shareholder that went to meet Mr. Shawn Leon Reported:
<< what an awesome man.totaly opposite from Your typical ceo.I think He is driven to Help people in need and the need is so bad as We all know>>
***We have a CEO that is honest......*** From POST # 46137 ***
*** Assessment of the Company From Accredited Analyst:-
*** There is No Concerning Event Detected, *** - The Company For the Nine Months, Sales was USD 3.59 million compared to USD 1.05 million a year ago.
***SimplyWallStreet
https://simplywall.st/stocks/us/healthcare/otc-grst/ethema-health - ***From Post #46312***
***https://markets.ft.com/data/equities/tearsheet/profile?s=GRST:PKC
***FROM THE CEO ***<< 2023 WILL BE GREAT>> ***Post #46252***
***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-
=========================================================
***Drug Rehab West Palm Beach, FL | ARIAhttps://www.ariafl.com
***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.
***The Company growth is real and the elimination of variable rate debt is real.
***Please see Post #42737 & 42751 - Interesting Reply from The CEO!
======================================================
***About Leon:
***Leon's
https://www.leons.ca › pages › about-leons
***The Company quickly established its reputation for being honest, honorable and caring with special attention paid to standing behind the goods sold.
***Breaking from the Family Value Mr. Shawn Leon goes to the U.S.A to make a Scam Company???.....
-Does this Makes Any Sense???....Post #42260
*** PERSONALLY......The Credibility Choice It Is Not a Difficult One to Make!......ALL IMO
===========================================================
.https://nz.finance.yahoo.com ›
GRST - https://fb.watch/bN-wNMFvWg/
https://t.co/5GwitXravc $GRST
Q1 filing should be in a couple of weeks. The question will be if they promote and spin the debt for asset deals, the usual acquisition news, then sell off the shares for debt one last time before the split. The company dumped 1.3 billion shares in less than 8 weeks at the beginning of 2020 dropping the price to .0001 where it stayed for 4 months. You can see that they were able to convert debt even when the shares were selling at .0001.
For the quarterly period ended March 31, 2020
https://www.otcmarkets.com/filing/html?id=14411621&guid=pGu-kH_dFSwOh3h
7. Short term convertible notes (continued)
Power Up Lending Group LTD (continued)
Between January 24, 2020 and February 27, 2020, in terms of conversion notices received, Power Up converted the aggregate principal amount of $41,400 into 453,800,493 shares of common stock at an average conversion price of 0.0000912 per share.
Labrys Fund, LP
Between January 15, 2020 and February 25, 2020, in terms of conversion notices received, Labrys Fund LP converted the aggregate principal sum of $8,936 and interest of $19,867 into 479,160,076 shares of common stock at an average conversion price of 0.00006 per share.
12. Stockholders' deficit
a) Common shares
Authorized, issued and outstanding
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.
Well price discovery has been well established here. Good little 1-2 tick flip imo
DO YOUR OWN DD...
GO GRST!
https://capedge.com/filing/792935/0001903596-23-000263/GRST-10K-2022FY
https://capedge.com/filing/792935/0001903596-22-000804/GRST-10Q-2022Q3
https://capedge.com/filing/792935/0001903596-22-000529/GRST-10Q-2022Q2
https://capedge.com/filing/792935/0001903596-22-000301/GRST-10Q-2022Q1
GRST - You Need a Good Rest!......
Have you looked into the credentials of Kirill Vesselov?
As for your Mr. Leon....what has the stock price done since he's been around?
You wanted to discuss facts?
Back in November, when they filed an amended Form A, they had 3,729,053,805 shares outstanding. They want to issue an additional 4,166,666,666. And that will raise them a miserable $5 million. That seems a bit excessive in the dilution department..
GRST: SECURITY DETAILS
https://www.otcmarkets.com/stock/GRST/security
Authorized Shares
10,000,000,000
05/02/2023
Outstanding Shares
3,729,053,805
05/02/2023
Restricted
295,396,527
05/02/2023
Unrestricted
3,433,657,278
05/02/2023
Held at DTC
3,424,284,223
05/02/2023
Authorized Shares
10,000,000,000
11/07/2022
Outstanding Shares
3,729,053,805
11/07/2022
Restricted
295,396,527
11/07/2022
Unrestricted
3,433,657,278
11/07/2022
Held at DTC
3,424,237,213
11/07/2022
GRST - While Mr. Shawn Leon has Verifiable Credential .......Peoples Credential of any ones that Post on any Forums Cannot be Verified!......
***Mr. Shawn Leon Empathy and Compassion for Peoples in Need to Regain a Healthy Life is Sufficient for me to Believe in what he his doing!.......
*** Mr. Shawn Leon, Company CEO, reported, ...
...We have repeatedly indicated throughout the year that our dual goals were to grow the company and to manage and repay the debt we accumulated in previous years. In the next few months, we expect to make substantial progress on these goals with the new equity raise outlined in the filed form 1A....
*** ARIA Rehab Facility***
https://www.ariafl.com/
***<<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 Interesting Reply from The CEO!
***https://simplywall.st/stocks/us/healthcare/otc-grst/ethema-health
***https://markets.ft.com/data/equities/tearsheet/profile?s=GRST:PKC
***https://fb.watch/bN-wNMFvWg/
***https://nz.finance.yahoo.com/
Time will tell the story!
By the Way- Contrary to you I Believe that any one is Responsible for what they Do! .....
HAVE A GREAT DAY
janet
GRST - IF Mr. Shawn Leon Play His Cards Right.......We Will Be Happy That We Did Weather The Storm!!!......IMO!........
***There are many different ways to look at a situation, and it's important to look at things the way they are......I trust Mr. Shawn Leon wanting to do his best for the Company!.....
Time will tell!
Wishing Well
Take care,
janet
Traders should take Shawn Leon's comments and compare then to what is stated in the filings and the subsequent press releases. I can do this all day long with his comments in the various press releases. The press release history is below, pick a comment of any real consequence and I can show you in either the subsequent press releases or the filings that the comments can either be categorized as misinformation or disinformation.
Press release July 2022 suggests that cash flow from operations will be enough to pay the June Leonite note before maturity. Not only have they not been paying on the June note they also weren't paying on the two very short term Leonite notes taken out just before the June note. In fact they continue to borrow against future earnings each quarter since. This person has zero credibility from my perspective.
Ethema Helath Press Release History
https://www.globenewswire.com/en/search/organization/Ethema%2520Health%2520Corporation
Ethema Files 8K on Debt Restructure
July 22, 2022 15:09 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/en/news-release/2022/07/22/2484639/0/en/Ethema-Files-8K-on-Debt-Restructure.html
Mr. Shawn Leon, Company CEO, reported...
...This will enable the Company more time to generate cash flow for repayment of the debt. The Company’s ARIA subsidiary is steadily increasing cash flow and should generate enough to repay the note in full prior to maturity.”...
For the fiscal year ended: December 31, 2022
https://www.otcmarkets.com/filing/html?id=16535244&guid=QXm-kWGmkEC6Jth
12. Short-term Notes
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. Due to the failure to repay the note by due date, a penalty of $37,200 was added to the principal outstanding and the Company incurs a monthly monitoring fee of $2,000 per month. In addition the note earns interest at a default rate of 24% per annum on the total balance outstanding, including the monthly monitoring fee and accrued interest.
The Note had a maturity date of April 1, 2022. This note has not been repaid at the date of this report, we are in negotiations with Leonite to settle the balance outstanding and no default has been declared.
The balance outstanding on the note, including default penalty, interest accrued and monthly monitoring fees is $212,579 as of December 31, 2022.
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. Due to the failure to repay the note by due date, a penalty of $22,875 was added to the principal outstanding and the Company incurs a monthly monitoring fee of $2,000 per month. In addition the note earns interest at a default rate of 24% per annum on the total balance outstanding, including the monthly monitoring fee and accrued interest.
The Note had a maturity date of June 17, 2022. This note has not been repaid at the date of this report, we are in negotiations with Leonite to settle the balance outstanding and no default has been declared.
The balance outstanding on the note, including default penalty, interest accrued and monthly monitoring fees is $127,702 as of December 31, 2022.
For the quarterly period ended June 30, 2022
https://www.otcmarkets.com/filing/html?id=16018411&guid=5zm-kqGiKufgcVh
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://www.otcmarkets.com/filing/html?id=15961451&guid=5zm-kqGiKufgcVh
...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"...
Any realist price targets this can hit when it squeezes?
GRST - So.... It is your words against Mr. Shawn Leon saying....Personally I Trust Mr. Shawn Leon....
***- As a reminder: <<Post # 46660 by declaes.....Tuesday, April 11, 2023 1:03:13 PM>>
***GRST don't need a split and is not planning a split. Not for this offering, not on the near future>>
N.B.- declaes did contact the CEO....
<<If I were you, I would contact the company and ask for more info. Just like I did today>>
==========================================================
*** Mr. Shawn Leon, Company CEO, reported, ...
...We have repeatedly indicated throughout the year that our dual goals were to grow the company and to manage and repay the debt we accumulated in previous years. In the next few months, we expect to make substantial progress on these goals with the new equity raise outlined in the filed form 1A....
*** ARIA Rehab Facility***
https://www.ariafl.com/
***<<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 Interesting Reply from The CEO!
***https://simplywall.st/stocks/us/healthcare/otc-grst/ethema-health
***https://markets.ft.com/data/equities/tearsheet/profile?s=GRST:PKC
***https://fb.watch/bN-wNMFvWg/
***https://nz.finance.yahoo.com/
Time will tell the story!
The offering price of .0012 is to not spook the traders and will be certainly amended once again once the split is announced in my opinion. This market is very, very tough for those in need of funding. I would expect something like a trading price of .0001, then 1:2400 split and another amended regulation "A" filing of .12 a share. I suspect that the weighted average will eventually bring the price down to around .06 post split before another amended filing is issued. This will be fun to watch because they always manage to snooker new traders into buying..
A good recent case study is the massive dilution of Data433 ($ATDS) where Jason Remillard split the stock for the third time in 3 years in 2022. He is arguably one of the very worst of the worst in the OTC. The last 1:8 reverse split brought the outstanding share count down to around 124,000 and the price North of $10. The recent 52 week low was .025. He split it high and found the volume he needed by being able to constantly sell into the bid builds. He did a regulation "D" offering mid 2022 and nearly all of those shares are now vested. A recent 8K repriced that nearly $1 million offering of $1 per share down to .02 by issuing more shares to those holders at a rate of 50:1. That is how it is done in a market that is giving up very little liquidity.
GRST - Satisfaction at ARIA seem to be Fine!....
*** ARIA Rehab Facility***https://www.ariafl.com/
Time will tell the story.....
Best of Luck
janet
Anybody check to see if leon has a pulse lately? What an incompetent CEO. I hope he treats his drug-addict clients better than the way he treats his shareholders.
Just one of the many of communications from the company that were deceptive, manipulative, false, pick one... In dramatic decline? ending soon? direction of the past three months? Keep in mind that the price was much higher in the previous months compared to the 1 billion new shares dumped in Q3 and Q4 of 2021. The correspondence helped find buyers for that period. Shameless.
FAQ Page July 2021
https://ethema.wpengine.com/?page_id=683
When will the debt be brought under control and when will the dilution stop?
...While the situation with the debt is far better than it could have been it is still a work in progress. We cannot tell yet how much more conversion there will be but the rate and amount are in a dramatic decline. We do see an end coming soon since that has been the direction for much of the past three months...
For the quarterly period ended March 31, 2021
https://www.otcmarkets.com/filing/html?id=14979734&guid=AGu-kqGyIgMSJth
Authorized 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 2,262,849,130 and 2,027,085,665 shares of common stock at March 31, 2021 and December 31, 2020, respectively
235,763,465 new shares for Q1 2021
For the quarterly period ended June 30, 2021
https://www.otcmarkets.com/filing/html?id=15181522&guid=AGu-kqGyIgMSJth
Authorized 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 2,601,515,456 and 2,027,085,665 shares of common stock at June 30, 2021 and December 31, 2020, respectively. 338,666,326 shares for Q2
338, 666,326 increase for period Q2 2021
For the quarterly period ended September 30, 2021
https://www.otcmarkets.com/filing/html?id=15373092&guid=AGu-kqGyIgMSJth
Authorized 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 3,111,047,811 and 2,027,085,665 shares of common stock at September 30, 2021 and December 31, 2020, respectively.
509,532,355 new shares for Q3
For the fiscal year ended: December 31, 2021
https://www.otcmarkets.com/filing/html?id=15732252&guid=AGu-kqGyIgMSJth
a) Common shares
Authorized 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 3,579,053,805 and 2,027,085,665 shares of common stock at December 31, 2021 and December 31, 2020, respectively.
468,005,994 new shares for Q4 2021
Only way to sell here is to dump into the bid .0003, no one wants to pay $400 for a million shares for this great opportunity!
GRST - Please Post the Tweet ........ I am not Register on Tweet....
***According to: https://simplywall.st/stocks/us/healthcare/otc-grst/ethema-health
***Pass
Have shareholders been diluted over the past year?
***Shareholders have not been "Meaningfully" diluted in the past year or recently listed
Thank You!
janet
20-21. Some vague tweet about the last of common shares were issued then they proceeded to dump 1.5 billion shares. Remember now?
The point is not about if the have recently diluted. Point is they said one thing and then did the opposite.
GRST - I Trust this Statement from Mr. Shawn Leon!.....
*** Mr. Shawn Leon, Company CEO, reported, ...
...We have repeatedly indicated throughout the year that our dual goals were to grow the company and to manage and repay the debt we accumulated in previous years. In the next few months, we expect to make substantial progress on these goals with the new equity raise outlined in the filed form 1A....
*** ARIA Rehab Facility***
https://www.ariafl.com/
***<<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 Interesting Reply from The CEO!
***https://simplywall.st/stocks/us/healthcare/otc-grst/ethema-health
***https://markets.ft.com/data/equities/tearsheet/profile?s=GRST:PKC
***https://fb.watch/bN-wNMFvWg/
***https://nz.finance.yahoo.com/
Time will tell the story!
GRST - Please Post the Proof about Dilution......
***According to: https://simplywall.st/stocks/us/healthcare/otc-grst/ethema-health
***Pass
Have shareholders been diluted over the past year?
***Shareholders have not been "Meaningfully" diluted in the past year or recently listed
Have a Good day
janet
Just like GRST was done with dilution until they weren't.
GRST - As a reminder: <<Post # 46660 by declaes.....Tuesday, April 11, 2023 1:03:13 PM>>
***GRST don't need a split and is not planning a split. Not for this offering, not on the near future>>
N.B.- declaes did contact the CEO....
<<If I were you, I would contact the company and ask for more info. Just like I did today>>
A r/s may not be so bad...I brought naspiers as a penny stock and there was never a board for the s. african stock. company never commented, changed names 3 times and I sold at 167 dollars a share.
Someone is going to get those .0003 bids.. at this close
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