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GRST NEWS OUT
Ethema Completes Restructure and Gets Ready to Open New Treatment Facility
https://www.otcmarkets.com/stock/GRST/news/story?e&id=1675202
West Palm Beach, FL, Aug. 20, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Ethema Health Corporation (OTCPINK: GRST) (“Ethema” “GRST” or the “Company”) last reported on July 2, 2020 on its progress with its filing status and its debt restructuring. The Company announces today that it has completed its debt restructuring with Leonite Capital LLC (“Leonite”), including the completion of the additional new financing that was a condition of the restructuring. The Company has amended the terms of its debt with Leonite to convert over $1.4 million of defaulted debt into CDN$960,000 (approximately US$700,000) of 10% convertible preferred shares in its wholly owned subsidiary Cranberry Cove Holdings Ltd., and $400,000 in 6% convertible preferred shares in the Company. The Company has filed article of amendment to create a new class of preferred shares for this amendment and a new class of preferred shares for its subsidiary Cranberry Cove Holdings Ltd. The remaining balance of the Leonite debt was reduced to $150,000, which had its terms reset to its original terms prior to its default on the note. As part of the restructuring, Leonite exchanged all of its previous warrants for one new warrant. The company will file all documents related to the restructure in an 8K filing.
New financing of $300,000 was required as part of the restructuring including the previously announced completion of $220,000 in financing from Leonite Capital and the closing on August 14, 2020 of $100,000 in new financing from Auctus Fund LLC. With this new financing, the acquisition of 51% of American Treatment Holdings Ltd. has closed in escrow. The wholly owned subsidiary of American Treatment Holdings Ltd. is Evernia Health Center LLC (“Evernia”), which holds the lease on 950 Evernia Street, West Palm Beach, Florida. Evernia expects to receive its license to operate a full continuum of care at this location in the coming days. Evernia has registered a DBA for doing business as Addiction Recovery Institute of America.
The Company has continued to work on the completion of its overdue filings. After filing its 10k it was expected to be able to file its first quarter 10Q and it second quarter 10Q shortly thereafter. The complexity of the debt restructuring and the delay caused by the COVID-19 pandemic has resulted in the Company taking much longer than expected to complete these filings. With the restructuring now completed it expects that these filings will now get completed in the very near future.
The Company had previously negotiated amendments with four of its variable rate convertible note holders Power Up Lending Group Ltd., First Fire Global Opportunities Fund LLC, Labrys Fund LP and Auctus Fund LLC that would give the Company a reprieve from further conversions under the notes. As per the terms of those amendments, both Power Up Lending Group Ltd. and First Fire Global Opportunities Fund LLC have been paid out as per the terms of their amendments and the notes with Labrys Fund LP and Auctus Fund LLC have repayment terms starting in October.
With the restructuring complete and the impending opening of the new treatment center location, the Company expects to work further on the previously announced acquisition opportunities. The targets have all done extremely well, especially Biohazard Health Services Ltd. (“Covid Clear”). The Company is still working on the financing to purchase 25% of this company for $250,000.00 as per the original LOI which has been extended. Covid Clear has doubled its revenue every month in the last 4 months including revenue expected to exceed $100,000 for the month of August. It has been awarded a large contract for the treatment of public spaces for the Florida locations of a national company. Covid Clear expects that this contract will generate over one million dollars in revenue in 2020. The Company will be a customer of Covid Clear to ensure that the new facility will have the additional levels of safety required to protect its clients and staff from Covid-19. (www.becovidclear.com)
About Ethema Health Corporation
Ethema Health Corporation (OTCPINK: GRST) operates in the behavioral healthcare space specifically in the treatment of substance use disorders. Ethema developed a unique style of treatment over the last eight years and has had much success with in-patient treatment for adults. Ethema will continue to develop world class programs and techniques for North America. For more information you can visit our website at www.ethemahealth.com. Follow us on Twitter @Healthethema.
Notice Regarding Forward-Looking Statements
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For information please contact:
Ethema Health Corporation
Text to 416-500-0020
shawn@ethemahealth.com
Source: Ethema Health Corporation
© 2020 GlobeNewswire, Inc.
A good feeling for the patient :)
$STHC
“The market is a transfer of the impatient to the patient”
Extremely important to know what you own
$STHC
Then some will just miss out it’s simple, dips being bought up we know what we have here.
We all have choices to make we always suggest not to chase , buy at or near the bottom to maximize gains
We suggest all to do their own dd or pay a licensed advisor
STHC will be just fine imo, its friday and 2.4 mil in dollar volume
best wishes, take care buddy
Not at all to an “investor” October is just ahead :)
We are looking good here :) holding very very strong $DKSC
Will it recover?
It’s up from 0022 where we originally did dd and millions of dollars have been traded well above the 03-055 range
Company provided clarification this will do fine tomorrow :)
Best regards
CLARIFICATION from Ameca mining below
# clarification on previous tweet # awaiting NI 43 report for numbers verified # just trying to protect shareholders #
— AMECA (@AMECA_GROUP) August 13, 2020
Hopefully some have had plenty of time to accumulate.
Yield sign up, current soon perhaps?
Loading some
Almost 400k in dollar volume and over 400k in dollar volume yesterday in this range.
Building a higher base imo
RNWF
Bids building :) 0018
Still holding with the dd here, their os is still darn good under a billion.
Wont be in these ranges long and I have no problem patiently wait for more updates ahead per the company :)
Accumulation going on more updates soon patiently waiting. Ss still solid some have just left to chase others while some have been accumulating more.
A check to their recent two prs speak volumes imo
Not worried patience will pay :)
No it was stuck at 002 now it is forming a higher base imo :)
Level 2 is looking cleaner
Still here holding not worried.
Solid company solid day today and yesterday
Strong accumulation
Know what you own
Go $RNWF
Not worried here, them adding $PNNX ceo as an advisor was big imo.
He’s taken PNNX from subs area to .85 in four months
A method to his madness, This ceo may be a tad smarter then some realize imo.
Time will tell
Shh trying to load lol
You are correct I watch to see what the os is and when it was updated
$VYST NEWS @VystarCompany
Vystar Contracts Partners for Production of Rx3000 UV Light Air Purifiers that Inactivate Airborne Viruses
https://www.globenewswire.com/news-release/2020/08/06/2074468/0/en/Vystar-Contracts-Partners-for-Production-of-Rx3000-UV-Light-Air-Purifiers-that-Inactivate-Airborne-Viruses.html
Thursday, August 06 2020 9:45 AM, EST Strategic Asset Leasing Inc. Provides Update On Application Progress Accesswire "Press Releases"
CHEYENNE, WY / ACCESSWIRE / August 6, 2020 / Strategic Asset Leasing Inc. (OTC PINK:LEAS), the Company, is pleased to announce its engineering team has begun blockchain and QR code integration into the Company's flagship Cash App product.
Once complete the app will allow for real time tap-2-pay transactions in traditional marketplaces, peer to peer transactions and the ability to process standard as well as major crypto currencies such as Bitcoin, Litecoin and Ethereum within a single application.
Strategic intends to launch a beta version of its application in the coming weeks as well as making the technology available for businesses to license.
Additionally, the Company has decided to participate at the annual CES Tech Convention . www.ces.tech As of now, this year's convention will be held digitally from January 6 th thru 9th. If the Consumer Technology Association decides to host in person presentations the Company will arrange to attend in Las Vegas .
Strategic will provide further announcements as the application nears beta launch as well as updates on the Company's home security device also under development.
Jason Tucker , CEO of Strategic Asset Leasing , stated: "I'm really happy with our progress thus far and look forward to sharing our cash app with shareholders and the world very soon."
About Strategic Asset Leasing Inc. : LEAS is focused on leveraging technology assets with an initial focus on the Fintech Industry and the Internet of Things (IOT). The "Internet of Things", simply put, are devices and objects that also have an online connection such as personal voice assistants, smart home systems, video doorbells etc. These are rapidly growing sectors and LEAS will be developing and licensing technologies that will help companies penetrate these markets, thereby increasing shareholder value.
Forward Looking Statements:
This press release contains forward-looking statements. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Contact: info@strategicassetleasing.net
SOURCE: Strategic Asset Leasing Inc.
View source version on accesswire.com: https://www.accesswire.com/600489/Strategic-Asset-Leasing-Inc-Provides-Update-On-Application-Progress
$SEGN NEWS
Success Entertainment Group International, Inc. Signs Letter of Intent to Acquire Medical Infrastructure Company, PPE Solutions Group, LLC
https://www.newsfilecorp.com/release/61221/Success-Entertainment-Group-International-Inc.-Signs-Letter-of-Intent-to-Acquire-Medical-Infrastructure-Company-PPE-Solutions-Group-LLC?k=segn
$SEGN NEWS
Success Entertainment Group International, Inc. a/k/a Renavotio, Inc. Appoints Joe Abrams to Its Newly-formed Advisory Board
https://www.otcmarkets.com/stock/SEGN/news/story?e&id=1663968
The gift that keeps giving
Not sure why people doubt synergy a solid company
PAYtience :)
Loaded on the 0029 dip :)
We are looking good here :)
Very true!
Thanks buddy definitely staying patient , we just don’t see many penny stocks in this range with this amount of things going on.
A strong day :)
The dd imo says a lot imo!!
More Seed bank details ahead for us :)
$VYST news
?? Available for purchase in September 2020
?? Vystar’s Vytex medical exam gloves that received a 510(k) clearance from the U.S. Food and Drug Administration (FDA) for medical use.
??removing 99.85% of all the proteins and non-rubber components that cause allergies
$VYST NEWS :)
Vystar Producing Vytex Latex Gloves For COVID-19 Prevention
-Vytex disposable gloves are stronger, more puncture resistant and enhance tactile sensitivity and flexibility
-All the advantages of latex while virtually eliminating risk of developing or triggering latex allergies
-Sustainably sourced and completely biodegradable.
https://www.otcmarkets.com/stock/VYST/news/story?e&id=1657711
$VYST NEWS :)
Doctors Fear Coming Flu Season Plus COVID-19 Will Overwhelm Hospitals; RxAir UV Light Air Purifier Helps by Reducing Risk of Airborne Viral Infections
https://www.otcmarkets.com/stock/VYST/news/Doctors-Fear-Coming-Flu-Season-Plus-COVID-19-Will-Overwhelm-Hospitals-RxAir-UV-Light-Air-Purifier-Helps-by-Reducing-Risk?id=268906
Seed bank inspection this week!
Won’t be in this range much longer imo!
$VSYM
Thank you for this,
Not worried here :)
$VYST
Dollar volume speaks for itself these past few weeks as the company has put out more details regarding their purifier that is in high demand now more than ever with covid numbers increasing.
They have patents and a product in demand!
Staying patient, holding strong as expected despite it being Friday.
Thankful for the update , glad they didnt just close a deal just to close one.
Holding and will stay patient waiting for them to deliver.
$UDHI NEWS Union Dental Holdings Announces New Board Member Mr. Gravely
responsible for the start-up of 25 manufacturing plants around the world & over 300 new product for corporations such as Michelin, AT&T, NCR, Fluor/Maruti (India), & General Motors.
https://www.otcmarkets.com/stock/UDHI/news/story?e&id=1651509