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Why? It's pink current status compliant and therefore not aimed at by the recent trend of delisting aiming at the grey market and caveat emptor tickers, Shawn has not shown any major irregularities in his duties as CEO, give me a single reason why market authorities should shut it down?
Imagine how psychotic of a market we would be in if stocks got delisted for the act of having debt conversion occurring
Eh others are free to do what they want, but I'll be out if and when this gives me a 5 bagger
I'm not defending him, I'm just stating facts.
But I'm noticing you're not defending your argument of him stealing from us, how exactly is he stealing from us? Give me a single way Leon has significantly profited from this, because I've not seen one way for him to do that in the filings.
(apart from the shares he hasn't done anything with since 2018 changing in value of course)
What?
Lmao imagine being that out of touch you don't spot obvious sarcasm, do we need to add a /s when we're being sarcastic now?
Yeah, of course such a massive rise over months does justify us being in the trips right?
The dilutive nature is there, and it'll be stupid not to acknowledge it, but even through the dilution, our current pps is simply not justified.
If we had billions added to the OS every month? Yeah I'd see the breakdown of this year as utterly justified, us trading in the trips from what we have so far? Complete overreaction.
Sitting on a nice stack at now 0.0011 average, not really bothered, if we keep dropping and hit something ridiculous like 0.0001, then I'll just keep averaging down
Made money?
He hasn't taken any management fee for years now and while he hasn't gotten new shares issued to him, nothing in the paperwork mentions him selling them, how would he have made money from this?
Have some logic please
Why assume the worst?
They've always been timely on that, why would they do otherwise right now?
As I've said plenty of times, you focus too much on the worst case scenario
But the deadline for orderly reporting is 4 days, if the decline from 15 to 7-8 was mostly due to conversion like you say, we would have already gotten new changes in O/S, yet it's been 8 trading days without changes.
Declaes makes a point, unless GRST is being delinquent, and they've not been on OS updates before, this is just panic from retail holders and maybe just wider market collapse having its effect on the stock.
Fact is, if we'd have had the volume in the past few days mostly generated by notes converting, we'd have had an OS increase by now.
I'm willing to admit I'm wrong if we find an increase in the next couple of days, but that much of a watershed drop just doesn't feel like conversion.
Isn't your entire point that they're drawing this out as much as possible to milk us as well as they can?
Hum, most of us are in here to make money, I'm not really doing this as a philanthropic venture.
Eh nibbled a bit more today, my average is now 0.00115, I think I'll stop nibbling for a bit, as I wouldn't want to be the only one without money if we decide to truly drop the soap and go even lower.
It wasn't my original plan, but if I absolutely must I'll be a long term GRST investor
Well I have money coming in next week, if you could delay the pump until the 10th, much appreciated
Lmao, I love how every point that goes against your thesis is a "who cares"
You sound like you're someone accounting for every single parameter...
Once again, don't really get what's your argument with the options being exercised or not, if they're exercised, and as you like to point out, exercising them costs next to nothing to lenders, then we're still getting 800-900k revenue from whatever is left.
To be extra bearish on it you should rather argue that options were not exercised and we could see that 900k further dry up in the future, why aren't you grasping all opportunities to bash?
You're incapable of reading a very simple statement right, I won't even bother pointing what you're doing wrong because it's not worth it
Thanks to whoever decided to slap the ask lmao
Why do we post here? Because we're invested here, I wouldn't post on a board I'm not invested in aside from asking questions about the goings on to judge if what I'm looking at has good entry points soon.
This frequent of a posting activity from someone that apparently has nothing to gain or loose here is just unbelievable, you're either spreading fear to buy low and flip on upcoming news or just a pathetic man with a pathetic grudge against a stock that wronged them before.
If this was as you described it a hype fest earlier in the year, why the hell did you open a position in the eighties?
Did mister cold and calculating filings reader not heed his own strategy?
Kind of an old story no? This is a year old? I thought we didn't like old stories around here?
Also lmao "they make more leasing the property than operating ARIA"
Yes of course, because everyone knows 100k per quarter > 800k per quarter
The things being said on this board I swear
But I get it Bubae, you bought high during last winter, had losses, and now have a grudge against the stock, which just happens to have been validated until now
Many? Only Janet ever posts them, I didn't invest in here based on them
Our positions are therefore completely hopeless uh?
I guess I'll sell at open tomorrow.
Of course I'll have to dump into trips because those pesky lenders completely control selling at this stage?
Woe to me :)
Thank you for your flawless logic, you've finally convinced this wretched soul, I will now take my losses o' great sage.
Lmao, complete pile of empty thoughts and platitudes, what history is it repeating apart from going under during a global pandemic?
Management is mostly doing right, but it is true that dilution is an issue, but so is lack of interest into this play.
But I love the abundant concern people are showing in the last few weeks for our long positions in GRST, we're truly touched to our core by so much empathy
What promises weren't kept? We have seen most of our promises kept for now.
-First one was that dilution would slow down
dilution did slow down last quarter, and while the opening of this one is concerning, it isn't completely impossible we see further slowdown
-Second one was that the treatment center would be acquired
Are we going to argue that one?
-Third one was that we would see ARIA revenue in Q3
Once again, anyone willing to argue that one?
-Fourth one was that capacity was planned to be expended
Building permits on this have been obtained, and construction according to Shawn is now underway
The only promise in the last 2 quarters Shawn didn't follow up on was increased communication
Now we have further promises
-Full ownership of ARIA
-Expansion of capacity by 15-20 beds
-Agreements with lenders to form non dilutive deals for further acquisitions
-Upcoming agreements pertaining to the Canadian leased facility
I'm willing to bet that most of those promises will be well underway by the time the winter is over, just as most of the previous half year's promises were fulfilled.
Shawn has still not been proven by any of the bashers to be an open liar, my shareholder confidence remains strong and if this ship does indeed sink I'll sink with it.
The mere mention of those non dilutive deals should show anyone with functioning eyes that Shawn realizes that his model is unsustainable if further debt is added to the balance sheet
Eh, my analysis is still ok, as the revenue part of it has been confirmed, the fact that the market isn't following suit is simply the result of irrationality and lack of interest (two big issues in the OTC)
I've been able to further reduce my average to 0.0013 in the past 2 weeks.
I predict I'll only run into issues upscaling my current position around 0.0005 at the current rate, will I time the absolute bottom?
No, but I consider anything under 0.0025 on this stock as a buy.
Who cares if you've been right? You steadfastly hang onto old ideas and old news, at some point those "stories" will get old just like you assert the ARIA story is old, but at least that ARIA story produced profit in Q3, which makes it newer than your convertible debt that is still unclear to what level it has been payed for.
Also aren't we around the time you said a debt restructuring deal should happen?
Aren't those major "bull traps" that pump this stock 100% up for a short while? Why are you still convinced trips will be visited soon then?
I'll go back to writing the reports I need to file before tomorrow, reasoning with you is obviously a waste of my time
Another point about the options is, who cares? We all know that 75% of the treatment center has been acquired, and that whatever share GRST still extracts 900k in revenue every quarter does extract 900k.
I choose to assume that it's 75%, but in your analysis of GRST's lender having exercised every single option to buy ATHI stock granted to them, and GRST is left with 20-25% of the revenue.
Wouldn't that mean that the quarterly revenue of the treatment center is something closer to 4-5 million, with GRST getting a bit under a million from it?
Said quarterly figure starts getting a bit unrealistic for a treatment center with 40 beds doesn't it?
As such, logic would lend credit to the assertion that options aren't exercised, your excessive doom and gloom blinded you to an aspect that could make a long term long position even more precarious in this stock, and your thesis even more bearish.
I mean why aren't you lambasting us yet about how lenders will absolutely exercise their options in the coming months and this could dry up the revenue from ARIA by 75-80%?
But if we choose to assume like you say that all options have been exercised and that lenders bleed dry every revenue source of GRST, doesn't that mean that discounting the issue of convertible debt, we are at rock bottom in terms of revenue, even if those 25% remaining are acquired as laid in the PR, revenue issues cannot get worst unless more ATHI shares are issued in compensation for loans.
Wow, thank you o wise one for pointing out something that anyone who looks at the chart of this stock in 2020 can figure out, truly groundbreaking financial analysis, you should apply for an analyst position at JPMorgan or something.
Are we forgetting the fact that Shawn's analysis is that he doesn't really get how we could trade back that low with a revenue producing asset under management?
Yeah trips aren't a mystical level, but they'd be a ridiculously low valuation for the stock even at 0.0008 or 0.0009.
Why would the valuation decrease that much? Yeah of course I TOTALLY buy into your analysis of lenders driving this company into the ground.
What's your prognosis on when this company is going bankrupt then? Surely it's very soon right?
But yeah of course Labrys will tomorrow, as we've reached the 30th of November deadline on which according to what you're constantly saying, they will attempt to murder the stock by immediately converting 750k$ (an entire month's volume of 25M a day)
Or was it only half of that since you were able to see in the financials that they repaid a large part of that note?
Also isn't there a fact that ERs are a lagging indicator by a couple months? Doesn't this mean that with the now known revenue, GRST was able to cushion most of the note?
Point I'm making, you're always taking the worst absolute doom and gloom position of every single statement in all those financials, and I politely choose to completely ignore everything you say, but I love you being concerned about the financial health of everyone on this board, truly a public service you're doing here sir
Eh we still don't have that increased communication promised months ago, that I'm still pretty pissed about
Eh, you lads have been telling us EOW for more than a month and half now...
Where are our long prophesized trips? Shouldn't we already be there according to our resident nostradamuses?
The intent as you read it? I don't care what you read, what do the filings SAY, and do you have any proof the options have been exercised?
Once again, absolutely no proof options are exercised, and even if they are exercised they will only matter in 4-5 years
So the fact you lost money on this is supposed to make me feel bad and decide to sell my perfectly reasonably low average?
All bears here are bitter bagholders that were unwilling to stomach that something going up tens of thousands of percent could maybe just maybe just as violently come back down.
Yes the OTC is risky, if you can't stomach that risk, gtfo
No volume or interest? So September was nothing for you? You're the first that was saying that too much volume or "accumulation" like you like to call it was a bad thing for price action.
I once again ask, is there a single thing this company could do that would be bullish in your eyes?
All of what you've linked says that they won't do a R/S, for someone that brags about following uncritically and unemotionally all the information available, you do seem slightly biased :)
Pain, barely any reason for it but it does look like trips are coming indeed...
I'm not gonna read through your info dump again, but I agree that the reviews are a very irrelevant point
Yeah, and I addressed that, one potentially miffed client out of 4 (2 out of 5? if you account for the deleted one) on one rarefied review site while google reviews shows nearly 10 times more reviews and a majority of them are glowing.
Of course I read the review already, and sure is negative, but sounds more like someone just didn't like their stay rather than any obvious wrongdoing from ARIA.
Now which one should I factor in the most in my view of how this company is doing I wonder?
Yes, 4 total, which means 3 positive and 1 negative, which means that if you choose to ignore the 2 deleted reviews, the overall good ratio is 75%, I'm not seeing your point here.