Retired
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
'That may change however when the volatility and volume returns after the reverse split and the manipulation that will be needed to sell those new offering shares'
To summarize (as you said earlier) you just wait expecting to 'get a position' later. That explains your effort to get the pps as low as possible so you can get that position at the lowest possible price.
LOL!
As usual you 'summarize' extracting the only part of informations you read the parts that fits your objective dropping the info that is less favourable to your conception.
I wrote: 'Thruth of the matter is that almost all of us are smart enough to realise THIS IS A RISKY PROPOSAL, none of us knows what is effectively going on CURRENTLY, but most (obviously not all) are smart enough to understand what the story was UP TO 2 OR MORE MONTHS AGO).
You MAY not be wrong (flip a coin) but on the otherhand, you may be completely wrong.
Concluding from my post that I suggest you are not wrong is, as usual a half-thruth As usual you pick and chose the info that fits your objective.
Nothing new!
Someone with a probable hidden agenda believes our CEO is an outright stupid liar and Leonite a suicidal organisation aimed at killing its eggs producing chicken.
Thruth of the matter is that almost all of us are smart enough to realise this is a risky proposal, none of us knows what is effectively going on currently (but most are smart enough to understand what the story was UP TO 2 OR MORE MONTHS).
Smart sharholders herein can offer to lose their bet without unresonnable pain and do understand that the upeard potential is worth the risk.
Trying to look smart analysis historical facts and data as if this was a blue chip stock is the coses thing someone can do so he makes himself ridicule.
GRST IS A HIGH RISK' HIGH POTETIAL SUB_PENNY STOCK A WE SHOULD ALL LOOK AT IT AS SUCH OR SELL OUT ONCE AND FOR ALL.
'Having our products approved by the Arizona WIC program ...'
- significant steps in our strategic plan (???) ...
- These achievements are a testament to our team's dedication and strong management (???)
Obviously the market did not agree.
Our incompetent CEO lives in a bubble of her own and seems out of touch with reality.
December 2019 ... more than 2.5 year later the company is still alive, operating and duly reporting.
I wonder why ???
'it appears that the game may be coming to an end.'
Sounds like wishful thinking ... God only knows why ???
' Kevin's started exploring options, which included a sale of the company, earlier this year.' ... This was issued 2 months ago and no one (unless connected) knows what ihas being done since or negociated. I however assume that the Leonite note doesn't only exist to accumulate accruals never to be collected.
Let's assume that both Leonite and our CEO want the situation to be resolved in a win-win scenario ... unless one of the parties is suicidal?
That sounds like a different evaluation of the situation ... showing confidence that the affair will keep going (profit, reporting, work, ...)
'Kevin's started exploring options, which included a sale of the company, earlier this year.'
In our case, our dreaming CEO would not even consider an unsolicited offer wanting to keep for herself a toy she doesn't even know how to operate.
Kind of fun to read this board where most (maybe all) do post without knowing what the situation really is or is not.
Hard to believe that some spend hours and hours debating without having a clue relative to what the current situation really is or is not (the one who knows doesn't talk). Afew even spend hours every day trying to discourage shareholders God only knows for what reason.
Personally I own SPECULATIVE SHARES and I either lose a little (never bet the rent money) or make a lot if the affair somehow succeeds.
All I know is that :
- there is a business out there that is doing pretty good,
- the company does report as required from serious companies
- The company has a serious liability (debt) to somehow resolve
In any case, following the board is fun and shareholders can only hope, notwithstanding the efforts of some, to see the business succeed. Starting from where we stand, GRST seems to be a great riskyopportunity.
GLTA
He has a great CV but he doesn't seem to have been involved in building a (an almost) startup company needing manifacturing facilities or been involved in developping markets into a large revenue generating business. Having done a lot in scientific and/or medical sectors is great but building a successful marketing organisation is a totally different ballgame.
This being said I'm convinced that he must enjoy discussing with our 'scientific' CEO.
Selfishly ... Good luck. Personally I have all the shares I want to have and hope the woman will end up seeing that she has to find help if she expect getting her expected gain in the future.
What I hope is that she gets approval from FDA then sellout to a company able to profit (Manufacturing and marketing assets) from the then certified products we have. Till then, it's a dream and I may sellout following the wished for certification (that shall creat another temporary boost of our PPS). Even then, our CEO will remain an incompetent dreamer.
As you say: 'So again we don't really know what is going on'. Unless you are very close to someone knowing facts, you know as much as you say as you say yourself.
Obviously the market wasn't very impressed by this other activity.
Our problem is that we have a dreamer as a CEO and if we finally get good FDA outcomes, the woman will still have no clue relative to what is require to really succeed. She obviously is a great scientific person and should become the president of the BOD and she needs to recruit a professional business manager managing the company.
I HOPE SHE RAPIDLY UNDERSTANDS THAT
Honestly, I assume that current CEO is fine. He however as a critical debt problem to solve and negociations with lenders and/or financing sources are never easy and unfortunately take time.
Of 2 things 1 ... Either Mr. Leon succeeds and achieves the objective he has
-negociating a win-win deal with lenders or
-get governmental funds out of a fund annouced earlier by the feds or
-folds and enjoy life somewhere else (then everyone including lenders loses)
Short of a failure scenario a successful way out does and keep taking time. Let's see where we stand 2 weeks from now.
GLTA
'What are they really up to?'
At least you now ASK instead of letting believe you KNOW.
Only him knows but till he outline that he did fail or succeed in doing what he does, all we all can do is hope, considering he does report accurately every quarters that goes by.
'The company ... will be promoting soon'
Wow ... you must have a crystal ball ... Mr. Shawn Leon, reported, “repayment of debt should yield some very substantial results in Q2 ... initiative on purchasing the West Palm Beach real estate ... senior debt restructuring ... expected that they will be resolved by June 30, 2023.'
This was published more than 1 week ago and presumably reported on within 2 weeks.
The facts are that the company hasn't issued new shares for months, could sell 6,500,000,000 new shares (+ or - $3,000,000) then could (as per your continuous unfounded claim) R/S. Thereafter who knows ???
This scenario is as good as are your continuously negative analysis based on NON UP TO DATE informations.
One has to wonder why you put so much effort at destroying a stock you pretend not to have ... unless you are supporting your strategy of accumulating as much as you can ?
'Many may be so underwater that they may as well just wait to see what happens.'
Finally a good post ... These shareholders have the smarts to admit that the final story isn't yet out.
Other facts,
- The company does exist and generates revenues
- The company generates gross profit
- The company is not yet profitable on the net basis
- For whatever reasons, lenders do show patience and keep extending deadlines
- The company duly reports complete financials quaterly (your source of info)
- Mr Leon is not abusing the use of NR's or PR's (trying to suck in new shareholders)
- The nmber of O/S shares has been almost fixed for months now
- Shareholders owning on average 65,000,000 shares do not care about losing their money
- ...
On the otherhand, a poster on an anonimous message board interpret all official informations coming from the company as lies (to say the least)
I only own something like 10,000,000 (???) worth USD $5,000 (CDN $ $7,000). Underwater or not, if i believed you, I would not pi... away $ 7,000 just for fun. The above FACTS do justify waiting even understanding that Mr Leon may not be successful in his efforts.
Whatever the case the said 157 shareholders must not all be stupid people believing Mr Leon! They also are smart enough not to fall for obviously frustrated anonymous posters interpreting, in line with their specific objectives, whatever information is issued by those in the know (company and auditors).
Can't win ... If he says something (officially) it's useless. If he doesn't (For whatever reason) he is hiding. Everyone should know that to KNOW FACTS AND UNBIASSED truth, they must rely on anonymous messages dumped on Internet message boards.
14h12 ... Total activity was $5,000 more or less (less than 10,000,000 shares ... Obviously some do try to manipulate the stock up and/or down. However those owning 3.75 billions shares obviously neighter buy nor sell. I wonder why ??? May be that they are bright enough to wait and see instead of dreaming of a pps oto become someting like $0.001 (market cap of $3,750,000) for a company generating twice that much revenue. who knows???
As usual you live in the past and post the same fact on and on, trying to discourage current or potential shareholders for only God and you know why ???
Mr. Leon further added, “It came to my attention recently that misinformation about our Company was shared in an online forum accusing the company ... '' I wonder if Mr. Leon did think about you among other ???
Some can only see negatives and others positives whatever the situation. I personally just assume the company is alive and our CEO tries to save it negociating with his lenders and potential investors.
Some can only reash the past, some dream of a great future. All I say is that for as long as there is hope, one should wait and see instead of forecasting without knowing current facts.
Finally, there effectively no compelling to release a special press release. You however go with the damn if you do, damn if you do not ... That is a fact.
'If I were Leonite, I would just sit back and enjoy the ride.'
Fortunately one must figure out that Leonite has no interest in forcing the company to go bancrupt. If GRST was to fold, Leonite would be stuck with bad debt and our CEO would retire in his land without obligations. That's why both parties not being suicidal, they sit together and NEGOCIATE a win-win resolution. If so, starting where we now stand, we (shareholders) have nothing to lose ... at very minimum ... but a lot to gain ...
'Massive dilution on the way with or without a reverse split'
Massive dilution without a reverse split has been forecasted by our CEO (4,666,666,660 new shares). It doesn't take a lot of research to figure that one out ... unless one wants to refer to SPLIT out of context to scare shareholders ???
LAST WEEK NEWS RELEASE
I do not know specifically what will come out of this soon but I believe one has to be viciously sadistic to see the following as disastrous news for shareholders, considering our recent capitalization and revenues ??? This being said let’s see why our CEO felt he had to issue this NR NOW ???
-to agree to a plan for repayment of the Leonite debts and convertible loans.
-parties are also negotiating a global restructuring of outstanding securities
-greatly reduce the complexity of the Company’s balance sheet, as well as reduce substantial liabilities.
-initiative on purchasing the West Palm Beach real estate is also in its final stages and will be part of the expected resolution as part of the senior debt restructuring.
-These two initiatives have delayed both the start of the Reg A+ capital raise and the completion of the acquisition
-If revenue continues as projected, the second quarter will set new highs for profitability.
-the suit on 4/18/2023 with prejudice,
-(Another case) The entire case was resolved on May 24, 2023 in mediation and the case was dismissed with prejudice (not involved in any patient brokering.)
I keep my millions shares, I do not add, I wait and see. No one can say our CEO abuses issuances of NR but for some reason he just found that time has come to issue one huge one with SPECIFIC TARGET DATES FOR THE ACTIVITIES HE MENTIONS"
WE SOON SHALL SEE
Let's see what someone knowing what he talks about says ...
Few abstract from the NR
- The plan would greatly reduce substantial liabilities.
- Purchasing the West Palm Beach real estate is also in its final stages and will be part of the expected resolution as part of the senior debt restructuring.
- These initiatives will be resolved by June 30, 2023.
- ARIA subsidiary achieved extremely strong results in April and May.
Mr. Shawn Leon, Company CEO, reported, “Our focus on growth and repayment of debt should yield some very substantial results in the second quarter.”
Mr. Shawn Leon also addresses some misinformation about our Company shared in an online forum (I wonder who must be reffered to ???)
'Real numbers from the last filing for a little context.'
Once again you look at the past. I prefer to believe in future,
How many companies do you know are
- reporting regularly
-generating significant growing revenues
-making gross profit
but
-are trading at a multiplier of less than .3 times their revenues?
'the company will need retail donations to bail this situation out' ...
- The feds did announce 1 billion $$$ funding to help those in our situation (taking care of our type of patients). I wonder where this stands since the announcment ?
NOTWITHSTANDING THE ABOVE ...
'Massive dilution is on the way'
Effectively but if it goes as planned (announcment less than 2 months ago) someone will buy the 4,166,666,660 shares at the offered price 0f $0,0012 and the proceeds ($ 5,000,000) will be used to pay debt.
IF so ... Ongoing revenues and new finacials will justify a normal company value (market cap) of more than $12,000,000 (based on revenues of ONLY $1.3M/q and a multiplier of 10.
Assuming a O/S situation of 8,000,000,000 O/S that represents a pps of $0.0015 /s. (25% more than new shares purchased price)
Assuming our CEO looks at such a scenario, and waits for decisions to be made, why would he issue any kind of news ?
Personally I consider the business to be real, I assume our CEO has a plan and will continue to manage seriously the business, reporting regularly. On the otherhand, somme will keep working hard at disparaging the company and keeping the pps ridiculously low.
This being said, GRST is a high risk bet, offering large gain potential.
Is this business still alive or did everybody involved leave without saying ?
The only issue with this company is that it is led by an incompetent leader. Our CEO is a dreamer who will succeed at only having created a small operation from what could have become a large successful business. I hope she will end up seeing her shortcomings and find help or outright sell out to a serious organisation needing our products. I however doubt she has the smarts to do it. To bad.
Still on the road but decided to share my opinion since I have access to Internet and time to do it. THE PROBLEM with our stock is that our leader obviously understand the scientific aspects of the business she created but is totally incompetent at overall managing of a developping company. I also suspect that she believes quality of an offering is THE ONLY CSF leading to success. I also believe she is to proud (or worse) to admit it and find help from competent busiss person(s) abel to bring her the competencies she doesn't obviously have.
I keep my stocks till FDA decision comes but will definitely sell out then ... unless she figures out what has to be done.
If the company folded, it would be nice to know about it. Assuming management has any respect for their shareholders, the minimum decency wou;d require them to communicate what in going on (OR NOT). I however doubt management (if still in place) will care about us.
If the company folded, it would be nice to know about it. Assuming management has any respect for their shareholders, the minimum decency wou;d require them to communicate what in going on (OR NOT). I however doubt management (if still in place) will care about us.
I do own more than 10,000,000 shares (current value: $ 4,500). Therefore I do not have much to lose.
On the otherhand, whatever some (1) want us to believe, our CEO keeps growing the business and duly report quaterly. I believe (did not say 'know' he has a plan and is smart enough to understand the environment presenting both the potential positive outcome or the negative one.
As a matter of fact, notwithstanding the risk involved I can only lose a few thousands dollars but it the positive outcome our CEO believe in does happen, we could rapidly see a pps of 0045 instead of 00045 ($45,000 in my case or even $100,000+ (pps .01).
Until further notice from someone knowing what is really going on, I enjoy following our board where people do discuss the case based on wishful thinking, looking for failure or desired success.
Let's wait!
Hopefully our CEO will also figure out that borrowing money from the banks would be an option if her recent announcment convince them that the company is serious (i.e. more than a development lab).
Travelling (camping since 4 months),I am king of out of touch with my investmentsy. It's why the previous post was written just before I read this one. Very good news.
Let's hope our CEO start focussing on our manufacturing capacity and marketing activities in that context. Our products (present and future) are the best kept secret in the market and our manufacturing capacity unknown to even shareholders. The opportunity is (will be) there and our CEO must finally wake up and figure out that product development is only 1/3 of her responsibility.