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Glad to see some weaker hands get out today. Maybe the PR did not meet their expectations. $GRST is still on track to make money unlike many OTC tickers.
I noticed some strange L2 activity today. PAUL was selling shares in the low 4s, then moved to .006. Then the MMs started walking the pps down by moving BIDs to the ASK. Volume was fine in the 4s before that move.
PAUL is at .006. MMs are trying to hold it back but can’t with volume. We’ll have a runner here today.
Only those that don't deserve to have any shares will dump. The PR should increase volume substantially. That volume should eat up warrants. Then CFGN will probably kick in about .0056. CFGN might have 20mm shares left but not sure. After CFGN we should see blue skies. Those that get in early Monday should realize an easy 2 bagger within days.
Why would anybody be selling 1m shares at .0038 at this juncture? Some "traders" baffle me.
Climbing on the 50 Most Read board fast. We weren't even on it this morning.
I agree that we are somewhere in the middle. Shawn has had a history of only releasing information after the fact. This is fine except this closing has taken a while to come to fruition. So, glad he's tweeting a short update. I would like to see a very thorough PR. My understanding is that PR services don't have a limit on words, so may as well get your money's worth.
Might be last chance to load at bargain pps.
Ethema tweet:
"Press release on closing and recent share issuance will be issued Monday July 12. Occupancy in facility remains high during the traditionally slow summer period. $GRST"
Cool
Yes. It's painfully obvious to me what's going on. Buying pressure and increased volume will fix it.
Another negative about what's going on is that PAUL or any other MM trying to sell shares has a difficult time selling at a desired pps. So, dilution continues longer than anybody wants.
One of the manipulators lost over 4mm shares last week and probably didn't expect that order to get filled. I see they are reducing their walls to mini walls now.
Over the past few months, a person or group has consistently put in sizeable sell orders below the diluting MM. The BIDs have moved very fast from BID to ASK. The MMs are merely trying to make some commission and will walk down the pps to reach a large BID. This scenario really lowers the pps and often creates a 3-tick spread or so. This is where the L2 is now. I think somebody could get about two million shares at .0036 right now. If the MMs weren't moving BIDs to the ASK so fast, the L2 would probably be BID .0040 and ASK .0041 and we would have great BID support. We are stuck in this cycle until volume increases which won't happen until the Aria deal closes and in the future, when the financials show how undervalued $GRST is. If there is any good news about this funk we are in it is: flippers aren't hanging around in droves.
Your math is wrong again. 27?
Hoping that news will be this week.
LOL. How much would you make if you slapped the ask?
Things are winding down before the long weekend. Guess we'll get news about closing next week.
Good time to eat up those Paul shares
Granted we have many bid sitters.
Instead of placing the .0043 under the bid, they put it in the ask and sold shares at .004 from the bid. It's a consistent pattern here. On other boards, I've seen the ask pps stay for hours.
The MMs are a major cause of that. Bids are moved to the ask on a whim. Yesterday, over 4.5m shares sold at .0045 and the MMs moved a bid of .0044 to the ask. They lower pps and increase spread on a regular basis.
Looking at L2 and this would be a perfect time for closing news.
Great to see those walls torn down. This will trade much differently if those walls get gobbled up. We'll see much less selling on the bid as well.
I never thought that Shawn was in this to operate one facility. IMO I expect him to get his business model down and then expand. I expect him to expand by acquiring existing facilities and also starting up new ones. Should be a fun ride.
Please don't overlook the reasons for dilution. The company is not diluting to pay operational expenses. The company is diluting to reduce debt and acquire a larger share of Aria. The dilution will result in more profit for the company and a higher pps for you.
I hope so
When it happens, Shawn will let us know.
Yes. Those wall shares will eventually end in hands of people that want to make money instead of being a jerk.
It's June 30th. Happy trading today.
We are expecting the new license to close tomorrow June 30th. $GRST
Over 8000 post reads since this afternoon. Looking forward to the opening bell in the morning.
It would be nice but I don't expect him to. Since ownership is going up 50% (50 to 75), it would be nice to know how much money that additional 25% means. Since $GRST is grossly undervalued now, we should lots of healthy green days ahead. IMO
PAUL moved north on 27m volume today. Why 200? Not sure why you're fixated on PAUL.
Still have 0 shares?
$GRST is a real money maker at this point. We should get PR tomorrow. The climbing pps has gotten us back on the Most Read board and we will get lots of attention and buyers. Only 18 of 50 on the Most Read board were green today. $GRST is an easy pick IMO.
PAUL didn't hold the pps back today. The pps would have risen higher without three 2mm sells at .0039, .0040 and .0041. Those blocks may have been one person or more. Retail held this back today. Still, I'll take 22% in the green.
We moved in the right direction today. I love that song.
https://www.bing.com/videos/search?q=it%27s+a+long+way+to+the+top+school+of+rock&view=detail&mid=C7B6CB386B7841864974C7B6CB386B7841864974&FORM=VIRE0&ru=%2fsearch%3fq%3dit%2527s%2ba%2blong%2bway%2bto%2bthe%2btop%2bschool%2bof%2brock%26refig%3dd5fd281aa6bb4e148ab0645dfd403466%26sp%3d2%26qs%3dRI%26pq%3dschool%2bof%2brock%2blong%2bway%2bto%2bthe%2btop%26sk%3dAS1%26sc%3d2-34%26cvid%3dd5fd281aa6bb4e148ab0645dfd403466%26FORM%3dVDVVXX
I agree 100%
Good day today at +22%. Should over double that tomorrow.
Some peeps seem to like keeping the pps low. If I wanted to sell 2mm, I'd wait until tomorrow when the pps will be higher. The good news is the remaining 2mm wall is at .0041
Nice 1mm buy @ .004 to cut that wall almost in half.
I think things are simpler than you think.
So #GRST increases its ownership by 25% tomorrow. The April PR below explains more.
West Palm Beach, FL - (NewMediaWire) - April 29, 2021 - Ethema Health Corporation (OTCPINK: GRST) (“Ethema” “GRST” or the “Company”) is pleased to announce that the Company will be increasing its stake in the ARIA treatment center by executing a revised purchase option as it nears the closing of the purchase of a majority interest in the ARIA treatment facility in West Palm Beach, Florida. The ARIA facility has been become profitable and cash flow positive in the first few months of operation after it became an in-network provider to Blue Cross and Blue Shield of Florida, Inc. (“Florida Blue”). ARIA is contracted to provide services to holders of HMO policies under the Florida Blue, My Blue and other Blue Cross brands. The construction buildout of the first floor of the treatment center is underway and will soon allow for an increase to the number of beds the treatment center can provide on its second and third floors of the center. Capacity will increase from 40 to 52 beds. ARIA has hit a high occupancy of 36 beds recently and the additional beds will be needed in the near future.
The Company has worked together with the Seller to create a tremendous platform for growth with the ARIA treatment center and together crafted a revision to the original agreement that gives the Company a larger share of the business and more closely aligns the interests of the Seller with the shareholders of the Company. The Company will increase its ownership in the treatment center from 51% to 75% and in addition to a payment of $50,000.00 for the added interest, the Company will issue to the Seller one hundred million shares of the Company common stock. The change of ownership requires the approval of the Florida Department of Children and Families and it is expected to close in late May, 2021. The Company will be able to report the financial operations of the center in its second quarter filings.
Since the restructuring that occurred in June and July of 2020, The Company has created significant value for the shareholders and the revised agreement further increase the value to the shareholders. The Company required debt capital to fund the start-up of the new treatment center and now must turn its attention to managing the repayment of the debt while maintaining shareholder value. The Company expects to make significant progress on the debt in the coming months while it continues to grow the treatment center business.
The Company announced MOU with Sparta Capital Ltd. is moving towards more definitive agreements on a structure for a joint venture to roll out a multi-faceted solution to creating safe workspaces. The ARIA treatment center has continued to have great success in the use of Covid Clear (hypochlorous acid) in the treatment of the of the working and living space at the treatment center.
“We have seen first hand the effectiveness of the use of hypochlorous acid in protecting our workspace and we are excited to be part of an effort to bring this solution to other workplaces in North America,” said Company CEO Shawn Leon. “Restructuring the Company and creating a tremendous treatment center asset during the Pandemic has been a challenge. We have succeeded and are now poised to make even more significant strides as the Company and the economy start to get back to work safely.”