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All I saw is that Leon will create a new company to own real estate, Grst will cover the expenses to manage it for free (for a 50% share of its ownwership) and profit/loss from this realestate will only be realized after the sale of the properties ... whenever that sales will be (decades from now maybe).
I start to wonder what Leon is doing that can make our shares get value.
Additionnally, Leon want shares worth 3$ to get uplisted. That (at current pps of 0,0008 that would mean a RS of 1 for 3750 or 267 shares for each million shares own.
Leon seems to have a plan but I wnder for whose profit ???
Time will tell ???
You may be right or not but up front the market wasn't turned on!
''GRST will manage the properties for free'' i.e. GRST will incur costs for another company?
''Their profit/loss from this realestate will only be realized after the sale of the properties whenever that might be.'' Will the financials of this OTHER COMPANY be consolidated in GRST's or not?
How is that going to profit us ???
I have no doubt that Leon has a plan. What I do not know (not a question of doubt) is what this plan really is and how much it will make us richer (I however wonder if that his plan will be or not only good for him)
Note that I write ''I DO NO KNOW''. I therefore do not say he will do whatever can hurt us (50%) or not (50%).
Future will tell if this will have been a good BET or not (I hope to live long enough to find out)?
Once again, we will listen to the excuses and promisses of our CEO.
This company has become the toy of scientifics thinking success can only come from our products but having no clue what operating a marketing project is all about. These incompetent ''Business managers'' have no clue relative to what is needed marketing wise to generate sales and revenues. By the way, any qualified marketeer executive would know that advertizing (assuming they do any serious one) is only a component of what a real MARKETING STRATEGY is all about.
They dream of the day FDAs approval will come (if ever) but that will leed to nothing different, unless they do whatever is needed to provoque sales at appropriate profitable pricing. Once more they will inform the shareholders of the good news (if good news are coming) and save costs of doing appropriate INVESTMENTS in marketing, costs they consider an unnecessary EXPENSE.
Many companies with much less of an opportunity with an offering created huge commercial success. Many other ones with great innovative offerings failed because management was incompetent. Some of the later were fortunate enough to sellout their companies at discounted price before going bancrupt just to see their buyers make huge success out of the products they did acquire.
If that is BS as Bubae wiil claim it's to bad, If it is not (whatever our expert says) it's quite a news.
50-50 as usual considering the timings involved.
''Because you Only Understand 50% of what Mr. Shawn Leon has in mind''
I prefer to say: ''Because you Only KNOW 50% of what Mr. Shawn Leon has in mind''. That is the issue ... Some would say he has a plan we do not yet know about, others would say that the guy is nut or worst a crook.
I honestly do not know him nor do I know what he is trying do do ... or not?
''It helps to work the plan where the Leons just acquired controlling interest in the company''.
According to your posts (generated from known financial reports) the company is litterally bancrupt and has been for years.
Why then would Leons acquire shares to control a failled business? Could it be that they know something you, I and others herein do not?
Looking forward for the next financials. Q2 revenues were the same as those of Q1, Leon justifies hundreds of thousands $ $$ to be paid to him and issuing himself millions of shares paid by accumulated fees that he acquired over the years.
That may be the best bet in town (50%) but I sincerely hope we are not all fooled (50%).
Contrary to Bubae or optimists herein, I do not assume I know what I own or not and honestly I hope Leon would invest somewhat in PR,s or NR's to better inform us on what he does or plans.
I'm not asking for a promotion campain but just would like to have objective information from someone (Leon) who KNOWS.
Having just moved into a newhome recently, I did not follow our board but I just did catch up with the posting of the last few days. WOW! People have a lot to talk about but you know what, I know nothing more today than I knew a week ago or more.
Bubea keeps rehashing the same garbage giving a negative twist to everything we know from past fillings, some obviously trying to support their day trading activity posting whatever they think could help them and many express their confidence that everything will be great sometime in the future.
Fact is Leon is stuck with relatively enormous debts, the his company is still operating and duly reporting and Leon SEEMS to put his money where is mouth is.
Personally I still consider my ownership in this stock to be a 50-50 bet and I plan to sit on my shares waiting for a final (positive or negative) outcome. As many, I have many reasons to believe that this COULD turn out to be a great bet (Leon among them seems to think so) and some others seem to have as many reasons to believe I will have to write off my bet (ask Bubae and small daytraders posting herein).
What I know for sure is that the outcome is still impossible to foresee whatever herein posters may suggest.
The wheel is still spinning but do not touch your bets!
IT Will Be your Words against MR. Shawn Leon!.....
Plenty of words from our expert but very few if any from Shawn.
Honestly, so do i ???
However if we had a serious CEO, she would have updated us. I assumme she is too busy trying to acquire new shelves to put on more inventory of products nobody knows about.
That is what our CEO works on ???????
That is what our CEO works on ???????
Traded this stock initially
2019-12-13 BUY 1800 $0,380
2019-12-19 BUY 2950 $0,400
2020-01-06 SELL -3500 $0,475
At the time our drweaming CEO was forecasting a $5 per share within 5 years
I thereafter kept trading up to 3 years ago accumulating
2021-01-20 BUY 2900 $3,55
2021-02-12 Sell -2900 $4,100 my last trading activity
I am still baddly under water my net cost being $1,23 following this last trading activity
That would not surprise it at all since our CEO is obviously stupid.
9 pennies ... I wonder if our stupid CEO has any idea what to do other than creating new products and adding shelves where our products ends their life. I now wonder if the competitors even consider buying us anymore or just wait for the women to only have rights and patents to sell.
I wish you success with you complaint/question to SEC ,,, assuming you seriously intend to do it. As you know I have doubt (50%) and Hope (50%), Whatever can change these odds is always welcome ... Particularly if it is more than an opinion,
I agree. I will never understand why stubborn people do refuse to face reality. Our CEO is incompetent in term of ''Managing a business'' as is Biden refusing to realise he is to old ???
On my part I haven't work all all the required calculations but if Leon wants to keep control he obviously had to readyconvert his debt to common stock (4,000,000,000 shares) to be added to the altready 4,000,000,000 or so issued shares ... Leaving only 2,000,000,000 free authorized shares.
if so, the stock consolidation project one must look at would imply quite an operation to make shares worth $3.
There must be sometning I do not get or, we are deep ion the BS world!
Leon cannot only throw shares out ther in the market sitting on his hands ... IF HE WANTS TO KEEP CONTROL
After listenning to Leon and read you, I only know bla bla bla trying to say everything will be great on one hand and this thing is a scam on the other part.
All I really know is currently because of the level of debt and its handling, only small traders and/or gamblers are giving attention to that stock.
Therefore I believe Leon may have a great plan for future (50%) and you see the shareholders lose it all (50%) on the other hang.
I do not trust any of you both (you obviously both have different objective in your communications) but as you ''I know what the past was, reading the fillings also'' and I see that people are not rushing to acquire shares.
I hope you do not consider the above : ''Promoting the stock''
Did not expect anything else from you. As for promoting, tell me where and when I did
Thank you
The price of incompetence and Stubbornness ...
''The plan appears to ... '' I expect that Shawn Leon will'' ... Kind of nice to see you confirm you do not know any more than us ... ''Appears'', ''Expect''.
Let'sthink somewhat positive and assume that Leon does get to 10,000,000,000 A/S as O/S and in the process he does significantly reduces the (friendly or not) debt.
Not only imagining the worst negative (as you so love to do), considering that Leon would reduced debt significantly and the annual revenue of $6,000,000 would become the base to grow from, one could assume that a market value of the less endebted company could justify, let's say a multiplier of 10 times revenue or $ 60,000,000. That would mean a PPS of $ 0,006 (that's 10 time current pps or so).
Could that be? I do not know ... but honestly, what's the difference between that positive scenario and those negative ones you keep creating, not knowing more than any of us?
As you say, you keep quoting official fillings (historic facts) but what do you really know relative to what Leon plans to do or not (future developments)?
I may be full of it and so may you but we both do not know what Leon really tries to do. I have the honesty to admit it ,,,me!
That's why I keep saying you may make the right GUESS (50%) or not (50%). Let the wheel spin ...
''They have other options'' ... for once I can agree with you but is it really necessary to put all the bad or negative ones up front all the time?
Your posts are getting so borring and repetitive that one has to wonder what your problem is. I have an idea or, as you say, an opinion but I do not believe necessary to outline it here.
''Per Shawn Leon, massive dilution planed if they convert what is more than $7 million in so called friendly debt.''
''he point of that post is that they would love to convert the more than $7 million in "friendly" debt to stock a ...''
Whatever they do to reduce/eliminate debts, it should make the stock more attractive ... Behing diluted starting at current pps is not that big an issue ... What could the market cap be assuming they effectively could convert debt thru dilition.
By the way who would buy these shares you assume to then be worth almost nothing.
FACT: You KNOW AS MUCH AS ANY OF US and you enjoy manipulating the situation using scenarios supporting your objective.
FACT: I keep saying the DEPT IS THE ISSUE and I am honest enough to say I do not know how they will solve that issue ... or not.
FACT IS: Right now our pps (market value) is way under 0,001 (Yearly revenues) and either, Leon will succeed somehow (50%) or not (50%).
I do not know about the others but honestly: why would anyone be sure relative to what Leon will do or not, unless he is a dreamer or stupid enough not to see the risk. What ever the answer, either YOU STAY or YOU FOLD!
''stock consolidation while this is trading at $0.0005'' ... Where did you find that, IF (you so much love this word) $0,0005 is the base used to consolidate ... Why not use 0,0012 or whatever number Leon would consider ???
You know what they say, if my mother had ..., she would be my father. How powerful this 2 letters word can be to someone wanting to justify whatever conclusion he wishes for.
I cannot believe you think anyone cares or read you extensive analysis ... Personally I just enjoy scanning to see what scare tactic you use in your posts but I certainly do not analyse your analysises.
Let me tell you one thruth: You know as much as I do ... The difference is I am honest enough to say I do not know where the little ball will be when the wheel stop ... You pretend to know (as many players do).
Stop your BS and get a life!
There you go with your split again.
1- ''debt talks about $4.4 million and 2.6 million in "friendly" debt expected to be converted to equity at some point soon.
2- Now we can add in the management fees that he claims that he is owed.
I do not know but could it be that the 2.6 million in friendly debt is the management fees owed to him?
Would do by any accident do ''double accounting'' ?
Kind of curious you do not mention where we effectively start from from here ...
-Annual revenue: $6,000,000
-Market cap: + or - $2,000,000 (pps at ,0005)
-Multiplier: 0.33
I do not know why but, I somehow am not yet very preoccupied by your extended repetitive scare tactic (dilution of my current ownership) ???
Do not know the future but if Leon succeed somewhat to reduce the weight of the debt relative to revenues on our balance sheet, I believe our multiplier could rapidly increase, even after your dilution concern (to be polite)???
On the other hand, Leon could fail or even work at screwing his shareholders ... What do I (and you) know ???
3 types of informations are or not to consider by anywone interested in this stock:
1- MOST RELIABLE: because it is at least official and regulated ... Example: Form 8-K - Current report filed on July 12 2024 - 5:25PM
2- LESS CONSEQUENCIAL company issued PR's: because issued by Leon himself (He however doesn't issue that much of them)
3- NOBODY SHOULD CARE ABOUT: posts by Bubae who knows as much as all of us but seems to have a HIDDEN AGENDA (as he says himself, he - subjectively - rehashes ''selected informations'' extracted from official filling that we can all know about (he even enjoy rehashing up to 3 years old facts)
Considering the above, those BETTING on GRST should just be careful not to bet their rent money and for now hope for the best.
''I also have no need for credibility'' ...
Great because you effectively have none (just rehashing official info available to all).
''I suspect the SEC may be sniffing around on this ticker soon.''
I forgot to include that other ''scare tactic'' of yours in my post of yesterday.yesterday.
As I said: ''If (God knows how), Leon can manage the debt (???)''
You ash ''HOW are they going to accomplish all of this? '', srarting by resolving the debt issue,
Anyone currently pretending to know the answer to this question is a lyer. One can say Leon will not do it, the other one can believe a government grant could help, another one could believe a new investor may help but another one can hint that Leon will somehow screw his shareholders or go bancrupt.
If you look to inves,t go somewhere else. If you want to bet,, try your luck with us but do not bet money you cannot afford to lose. ...
I hope this answer your question?
I would put his credibility as good as yours.
I do not promote the stock, just put it in perspective (high - 50% risk)
As for 2021, with all due respect, I think that this was 3 years ago ...
As for Leon's plan, I must have missed something because I still do not really know what it is, if there is one.
Finally, I do not care for your crazy rehashing of what did happen 3 years ago. All I know is the business did grow since then and dilution did stop. For as much as i Know, there has been no reverse split yet.
Notwithstanding your infamous posts using the filling or at least whatever in them support your ''objective'' view of the situation, the stock still trade and filling are produced quaterly.
Let's not be ridiculous.
If (God knows how) Leon can manage the debt (???) this realistically could allow the company to become a $10 to $15 million annual revenue within more or less 2 years, offerring a realistic financial base for even larger growth longer term.
Assuming a normal multiplier of 10 to 20 initially (let's say 18 months from now), the MV of the company could then become more or less $200,000,000.
Assuming 10,000,000,000 outstanding shares that would mean a PPS of more or less $0,02 per share.
This is the OBTIMIST SCENARIO I imagine (50%) but realistically also, i believe that we shareholders, may have to write off our bet (50%).
For those not knowing Bubae, here is an historic review of some of his ''scare tactics posting'' activity for the last 3 years or so:
- dilution (none for 2 years now)
- reverse split (none)
- manipulation
- Justifies himself ''postings from selected facts from the filings'' everyone knows
- debt conversion
- conversion price
- toxic financing (most recent fixation of his)
- expensive business model
- bed counts
- divestiture
- deceptive promotional narrative (Fact is, Leon issues very few informations)
- ...
Bubae does mix current and historic (up to 3 or more years old) informations to support his scare tactics. Whatever he said in his thousands posts his alluded to consequences have effectively NOT YET materialized.
Maybe some of his obvious wishes will endup become facts but up to now his average at bat is miserable.
Fact is that no one (even Bubae) can, as of now, predict how this story will unfold ... or not
Do your own DD
The luck ot those believing that is that being ridiculous is not a mortal decease ...
Multiplier of 200 times current annual revenues ... Come on 😂 We cannot even justify that the company will survive, neighter can we justify believing that even a serious multiplier may show up in a given horizon ...
''Now what?''
Business as usual. We will wait to see what Leon will do or not and have to go thru your analysises that could be right or not ...