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The offering is current events for sure. Must not have been much of a conference call today. 😆
Bla, bla, bla ... as usual looking at the history eveone in here does know. Ridicule is fortinately not a mortal decease.
Now ... I do not think you understand what I said. In summary, I,M neighter negative nor blindly positive. I just give Leon time to do what it is he plans to do before i judge. For the moment I just hope he will communicate a little more with his shareholders that only can go on faith or go away altogether.
Any news ??any updates???
Anyone listen?
What did he say?
Hello
Someone having cash and understanding what additional capital and reduced debt could do to our multiple, for the moment crippelled by debt and limited production facilities.
IDIOT! only thing...
The only thing anyone new needs to know about this stock is that they must get this regulation "A" offering off the ground. If you want to lose a lot of money? Just play around with a stock selling this kind of an offering. I don't know how they get there because it appears that they intend to try and sell another treatment center idea. After two failed treatment centers and this one dependent on Ethema Health's ability to sell shares it doesn't look good. This is why they structured the current treatment center under its own identity with its own share structure. That is so the real investors can step off and leave Ethema Health shareholders holding the debt bag. UP TO 4,166,666,660 SHARES OF COMMON STOCK THROUGH 416,666,666 UNITS OF 100 SHARES OF COMMON STOCK PER UNIT
FORM 1-A
REGULATION A OFFERING STATEMENT
https://www.otcmarkets.com/filing/html?id=16997473&guid=UjJ-kegOh2tvJth
Reading your post only one thing comes up in my mind...
WHAT AN IDIOT! 🙈
I was calling for the reverse split at the beginning of 2021 after they dumped a billion new shares in Q3 and Q4 2020. Nine months later they file a regulation "A" offering in October 2022, get it qualified in November 2022. They then file a post qualification amendment in May 2023 which finally gets requalified in November 2023. This amendment is where they packed the shares priced at $0.0012 into units of 100 for $0.12 a unit. Mr. Leon further added, “I have been questioned often about what our plans are to consolidate the stock and I can report that there are no near term plans to do so. I can only see that happening in conjunction with an up-listing when that time comes, and I believe it will come, based on our much stronger financial position, fantastic opportunities, and our vast experience in the addiction treatment industry.”
Usually these stinky pinks split the stock then come with the regulation "A" offering usually priced at a 50% discount to market. Not Shawn Leon, he files the regulation "A" first then fiddles around for more than a year with this cloud hanging over the stock. So what is he going to do now? We know that he isn't going to get anyone interested in those regulation "A" shares priced at $0.0012 while this struggles deep in the trips. Those who buy those immediately tradable reg. "A" shares will dump them ASAP for a profit but will need o get them at a discount to market.
So I am looking for a 1:2400 reverse split because once announced you can bet it will be trading at $0.0001 in a flash. No one will want to hold these shares into a split knowing that it is a setup for the offering. This is why you should do the split first in my opinion. 🙄 So I'm thinking 1: 2400 gets the new price to $0.24 then sell the units, or really shares, priced at $0.12 for the discount to market. This will also fit Shawn Leon's narrative of an uplist effort in the event of a reverse split. He will need to maintain a trading price above a penny for that to have a chance.
Ethema Executes Two Real Estate Transactions and Major Debt Repayment
July 17, 2023 09:34 ET
https://www.globenewswire.com/en/news-release/2023/07/17/2705721/0/en/Ethema-Executes-Two-Real-Estate-Transactions-and-Major-Debt-Repayment.html
What was promulgated at the growth conference? Wishful plans and dreams? Probably.
GRST - "I wait for accomplishment and not just on current wishful plans or dreams" ......
IMO it is a Narrow Mentality!.....You could have took the Chance to Discuss the matter and Learn something!???..... Instead....You Choose to Keep the "Negative Assumption"???.......
I would get in at 0.0003, offering at 0.0012, that's 300% profit!!!
Or are you really trying to make NO money, like with an investment like OMID at 0.05 😂
I would write "this is only my opinion and no financial advice " under every post you make. People are going to start to sue you.
Gltu, you'll need it.
D
Who in the world would buy shares at.0012, when this is trapped below .0004?
Haven't seen anything yet for this one. Wait and watch the promoters show up when they get their ducks in a row and start selling those regulation "A" shares.
The SEC is widening its war on toxic funders
Published on August 24, 2021
https://www.linkedin.com/pulse/sec-widening-its-war-toxic-funders-steve-taylor/
...it also increasingly utilized qualified Reg A offerings to acquire free-trading stock which they then dumped into the market without disclosure....
...This was a significant concern, as Reg A shares are immediately free-trading. That makes it much more attractive to many investors compared to restricted securities sold under Reg D exemptions, but it also is definitely more attractive to those looking to make a quick buck by breaking the law. This case demonstrates the SEC may not have been looking hard enough at the Reg A market for fraud, as certain financiers and funders have been scalping stock without disclosure in the filings....
...Section 17(b) of the Securities Act of 1933 requires anyone that is paid to promote a stock must disclose the amount of the payment and who paid them. This is probably the most violated SEC regulation, which is not a surprise as it is also the least enforced. Toxic funders routinely pay promoters to pump the stocks in which they are funding. ...
...To make money on their toxic convertible loan, these funders require volume to dump into. Lots of volume, because they have a lot of stock to sell. Thus the need for lots of promoters, most of whom are non-disclosing as telling the public they are getting paid to pump, and who paid them to do it, would scare even the most die-hard penny plunger away....
Wow what a truthful honest post.
Right between the eyes truth
I wrote to Gerry Miller wanting to know if he was still on Leon's BOD and he confirmed he was.
Leon then wrote to me asking why I did ask and he offered me to call him to discuss whatever I wanted.
I answered him I did not need to and thank him for the offer saying I will call him wheneve I feel it appropriate .
Up to now, I wait for official communications coming to all of us shareholders and will judge on the results not on off line private discussions I very well can imagine the content I would get.
I respect Leon, think he is trying but ... I wait for accomplisments and not just on current wishful plans or dreams.
I did put my bet, the wheel is still turning and I wait for the ball to stop to figure out where I stand.
Personally I always believed that Leon was building a business adressing a huge market but also knew he was doing thru a small and limited facility.
He demonstrated he was able to operate in a relatively interesting financial gross revenue environment and now he must increase is facilies.
Getting capital to address the debt and increase the facilities is the target.
Private investments and government fundings are the 2 potential sources of capital and I assume Leon understands that as well as any.
If he succeed getting capital, we are going to seriously profit.
If he does not, we will lose our bet.
That's why I keep saying that GRST is actually a bet and not an investment.
I did ...let's see
What he says today.
BTW I am repeating myself
We spoke on phone, insisted covid .....spray is needed...worldwide
Yeah yeah I know I misunderstood
GRST - Instead of Assuming....You Should have Called Mr. Shawn Leon and "Talk with him"???.....
I acknowledged that, he has a real business, that's why I bought in, though real reason was covid spray
That was to be marketed world wide .that was to be the real winner, not a hotel were income is basically the same every year, that's what drove stocknto 2 cents , leaving bag holders , angry etc
Then covid spray just disappeared
If you consider what Leon did during the last 3 year (get licences, build a team, generate as much revenues as he can within current facilities, ... ) he created a business offering services addressing a huge lucrative business.
THE ISSUE is now the debt and the required capital to grow the business.
The opportunity is the extremely low multiplier behind our market cap (more or less 0,2 or 20% of current annual revenues)
Another post talking about the company's narrative around "strategic partners" linked below. According to the last press release look for another "new strategic partners" business model narrative from which to sell shares. Two failed treatment centers on Shawn Leons resume and this one that is essentially dependent on Ethema Helath (GSRT) shareholder charity. This isn't 2021 with all that cash sloshing around in the market and the treatment center narrative has been laid bare.
Bubae
Re: janetcanada post# 49263
Friday, November 24, 2023 9:07:22 AM
Post# 49269 of 49509
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173287955&txt2find=offering
GRST - The way he is Being Treated.....I Understand his Silence!.....
I have "witnessed" other CEO'S with Good Intentions...... Being Relentlessly "Defamed"......They Changed Their Attitude!....
Respect Goes Both Ways!....
Shawn Leon will likely talk about another "strategic partnership" arrangement, like they did to fund the existing treatment center. The seller Lawrence Hawkins retained 25%, and when you distill out what Ethema Health actually can claim it is relatively little. What Ethema Health shareholders owns is the increasing borrowing each quarter to bridge the cash flow gap to secure the investment of the real stake holders. Then there are the secured notes taken out to fund this scheme in the form of options for direct shares of ATHI, the holding company of the treatment center. Nearly all of the original 51% Ethema Health (GRST) purchased in the treatment center is secured by these options. The plan was supposed to pay these note holders with proceeds from the treatment center but as we know there is no cash flow to pay on this debt. The statement about the options in the Q2 2023 filing shows $686K owed to these options holders. Once the principle is paid these holders still retain 50% ownership of the treatment center as defined per their secured shares.
Bubae
Re: None
Sunday, September 03, 2023 7:11:40 PM
Post# 48748 of 49504
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172748883&txt2find=real%2Binvestors
Agreed, to protect himself he won't disclose important new information to a limited audience at the conference. So today, I would only expect a recap of the past or maybe a general outlook what is to come.
Normally in business you want to either pay more for a well run business
Or pay less for a poorly run business.
Why would Shawn
Buy a run down business with even a turn around to its going business, is still stuck with tons of debt.
He could of bought a building and started a new clinic with out all this headache..I know I know.
He did it for us investors
I believe this Thanks is somewhat prematured.
My problem with this xpectation is that NORMALLY, before a CEO makes a formal presentation to a public organisation, he issues a press release covering what he will talk about during his presentation so his shareholders know it also.
This being said, we shareholders are now use to not be inform of any development, achievments or plans except for mandatory quaterly fillings.
Don't worry, all your questions will be answered by the presentation today by Shawn Leon.
With all due respect, I personally do not miss that presumtuous imbecile and tought he had been thrown out of our board.
Fully agree but the market needs to know how Leon plans to get rid of our debt which is the boat anchor keeping down our market value. Obviously, the market still has a hard time to even believe Leon can di it ...
Why would I have been barred? 🤣 Facts from filings can be inconvenient but it fortunately doesn't violate the terms of service.
I was not missing your usual garbage and tought you had been barred from posting herein.
How much debt does grst have?
And why doesn't his billionaire brother just clear out some debt for his loving brother
And get rid of it. So grst can move forward.
Again how much debt does grst have
Welcome back , we need a fresh dose of reality here!
You are welcome. All stocks you talk trash about go up, so very welcome here. All stocks you buy or better, the one stock you buy (OMID) goes down...
We missed you here.
Enjoy wasting more of your time here.
Cu later. Off enjoying life now. L
How much debt does grst have??
Darn it. You're still here. Dropped by after a long time. I still have my shares but just forgot about them.
Thank you for renewing my interest in this. Just like old times.
Like I said, Shawn needs to do two things. Create a new narrative after two closed treatment centers and this current loser. Second, get the split done or he has no hope of getting anyone interested in that regulation "A" offering. That offering was originally filed in October 2022. Ridiculous. The offering was requalified in November and is ready to go. Anyone watched a regulation "A" offering in action? It is fun to watch and a disaster to buy into as retail. 🤣
FORM 1-A
REGULATION A OFFERING STATEMENT
https://www.otcmarkets.com/filing/html?id=16997473&guid=TvJ-k6EkO6RXB3h
Ethema Health Corporation, a Colorado corporation (the “Company,” “Ethema,” “we,” “us,” and “our”), is offering up to 4,166,666,660 shares (“Shares”) of its common stock, par value of $0.01 per share (“Common Stock”) sold in Units of 100 Shares of Common Stock (“Units”) on a “best efforts” basis without any minimum offering amount pursuant to Regulation A promulgated under the Securities Act of 1933, as amended (the “Securities Act”), for Tier 2 offerings (the “Offering”). We expect that the fixed initial public offering price per Unit will be $0.12 (equivalent of per share of Common Stock will be $0.0012) upon qualification of the Offering Statement
Todays press release https://t.co/XJI2cKOtEU $GRST
— Ethema Health (@HealthEthema) January 9, 2024
Shawn tmw Will straighthen things out
Makes no sense for a company generating over 7 million revenues on top of expansion to be trading at 1.5 m market cap
🍀GRST - Received the same....
...SUBSCRIBE TO OUR NEWSLETTER!
Please enter your email address to receive Ethema Health news and updates.
Nice link please the press release
I Guess Shawn Will update us Next week on how It went
Well just got a mail with press release from the company... official and nice...
"Ethema Health Corporation released this press release today announcing our attendance at the Emerging Growth Conference tomorrow January 10. We will providing our outlook for 2024. See the press release for details. "
Not trying to ''Teach An Old Monkey How To Make Funny Faces''' (???) just gave my opinion addressing your statement: 'Supporting" a "Good Cause".
GRST - "The conference Leon will present within companies is interested to hear about Leon's management team, services he currently offers but PARTICULARLY hear about HIS STRATEGY relative to our overall potential for long-term growth".....
“You Don't Teach An Old Monkey How To Make Funny Faces"
"Ce N'est Pas à Un Vieux Singe Qu'on Apprend à Faire Des Grimaces"....
***Mr. Shawn E Leon -PRESIDENT, CHIEF EXECUTIVE OFFICER, CFO & DIRECTOR
Shawn E. Leon is a Canadian businessperson who has been the head of 8 different companies. Presently, he holds the position of President, Chief Executive Officer, CFO & Director at Ethema Health Corp. Mr. Leon is also on the board of Sparta Capital Ltd.
In the past he was President of Leon Developments Ltd., President for Port Carling Inn Developments Ltd., President for Locks Developments Ltd., President at JLeon Developments Ltd., President at 1816191 Ontario Ltd., President of 1816191 Ontario Ltd. and President of Greenestone Clinic Muskoka Inc.
Shawn E. Leon received an undergraduate degree from Wilfrid Laurier University.
=====================================================
ARIA -> https://www.ariafl.com/
"Mr. Shawn Leon, Company CEO, reported, "The closing of this deal is the result of a lot of hard work and effort and has directly benefited our shareholders. It is a huge improvement in the overall health of the Company. We have managed to keep our issued common stock static since March 2, 2022, which was difficult given the large amount of convertible debt we carried throughout that time. This real estate deal has eliminated a lot of debt, including all variable rate convertible debt and the Company is now free to focus on growth."
***The Company growth is real and the elimination of variable rate debt is real.
***Please READ Post #42737 & 42751 - Interesting Reply from The CEO!
https://www.globenewswire.com/news-release/2023/07/17/2705721/0/en/Ethema-Executes-Two-Real-Estate-Transactions-and-Major-Debt-Repayment.html
.https://nz.finance.yahoo.com ›
GRST - https://fb.watch/bN-wNMFvWg/
https://t.co/5GwitXravc $GRST
Questions@EmergingGrowth.com
I somehow cannot reach this address (security risk ???).
I would like to submit the following question relative to Leon's presentation of Ethema-Health-Corp:
'' CONSIDERING THE SCOPE OF THE DEBT THE COMPANY HAS, HOW DO YOU INTEND TO GROW THE CURRENT BUSINESS AND HOW TO YOU INTEND TO PROCEED TO GET THE CAPITAL REQUIRED TO DO SO ?
If anyone can access: ''Questions@EmergingGrowth.com'' I would appreciate you to submit the question for me. Thanks
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