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Q- Who has been absolutely correct?
A- Not you for sure ... Except for repeating at noseam the historic infos you extracted from the regular filings, you've been wrong all the time ... The forecasted dilution did not happen is the best example. As for the envisionned split, it as of now still did not happen notwithstanding your continuous call for it. ...
In my case, I always said this was (still) is a bet (not an investment and one has to be a no life crazy or frustrated person (God knows why) to look at it and analyse it full time, as if it was a blue chip type of stock.
Try to be honest and recognize GRST to be a sub-sub-sub-penny stock that is way under or over valued stock behind which there is a real operating company crippled with debt but reporting normally and managed by someone honestly trying to pull out of a mess.
Enjoy your disparaging activity, making a fool of yourself trying to look smart. One day, God knows why, if the company goes under, you will brag saying you knew (we will say it was a risk) or if Leon succeeds somehow, you will dissappear from the board and become a souvenir making everyone have a good laugh.
Till then enjoy what you do but be aware no one cares about your infamous analysis if they are shareholders.
Let's see !
We've sean that often in the last months but we go down to 2 for no reasons and up to 5 for no reasons either.
Let's see if he (at least) justify why our market value (less than $1,500,000) is based on a multiplier of 1/4 of 1% relative to our revenues of $6,000,000 +. I assume he has an idea on how he will change that ???
He did make a presentation a few weeks ago and we came out empty handed. Let's hope he is better at defining his plan (s) this time and take 0 time reviewing the history.
Absolutely.
I however consider her wait for the earnings release to comment, to be another proof she doesn't have any respect for her shareholders.
Whatever the company is (or not) and whatever Leon does or try to do, his total apparent disrespect for his shareholoders is, to say the lleast, troubling. Hard to believe that the only information he can share with us has to be the quaterly reports.
WITHOUT CREATING FALSE EXPECTATIONS, assuming he effectively and honestly does operate the assumed business (I believe he does) , keeping the shareholders in darkness and having them go on message boards to try to figure out what's going on (or not) is absurd.
Either something worth mentionning is going on and if so, there must be justifiable reasons to inform somewhat the shareholders thru official PR,s (or NR's).
This continuous silence is unjustifyable, unless there is a hidden objective relative to the presumed business behind the stock.
I know Leon is available for talking to the shareholders one on one but that is not a way to manage a publicly traded company.
One can be outright positive ot negative but, unless official information is shared, GRST remains a bet with 50-50 odds.
Till Leon decides to honestly be open to inform the shareholders, GRST will remain a high risk BET for gamblers prepared to play money they can afford to lose.
Whatever the company is (or not) and whatever Leon does or try to do, his total apparent disrespect for his shareholoders is, to say the lleast, troubling. Hard to believe that the only information he can share with us has to be the quaterly reports.
WITHOUT CREATING FALSE EXPECTATIONS, assuming he effectively and honestly does operate the assumed business (I believe he does) , keeping the shareholders in darkness and having them go on message boards to try to figure out what's going on (or not) is absurd.
Either something worth mentionning is going on and if so, there must be justifiable reasons to inform somewhat the shareholders thru official PR,s (or NR's).
This continuous silence is unjustifyable, unless there is a hidden objective relative to the presumed business behind the stock.
I know Leon is available for talking to the shareholders one on one but that is not a way to manage a publicly traded company.
One can be outright positive ot negative but, unless official information is shared, GRST remains a bet with 50-50 odds.
Till Leon decides to honestly be open to inform the shareholders, GRST will remain a high risk BET for gamblers prepared to play money they can afford to lose.
I wonder if our CEO could update us on the status of our FDA application
To my knowledge the company still operates and normally reports (not generally what bancrupt companies do).
The CEO was financially able to personally guaranty financials transactions (why would someone do that facing a bancrupt business)
The trouble is the debt (It explains the market cap\pps)
There is a qualified regulation ''A'' offering out there (that may or may not executed in the future)
I am not stupid enough to be affirmative that this ''bet'' may turn out to be a good one ...
but
I'm not stupid enough either to say that the company is outright bancrupt (as some stupidly do)
Advice to shareholders: Do not behave believing this will be a profitable deal but, just in case, do not throw your shares in the garbage or sell them at current pps (unless you cannot afford to risk losing a few thousands dollars.
As for you (Bubae) stop trying to make believe you are smarter than any of us and be honest as for your motivation relative to your continuous disparaging behavior. What a pitty!
Had you been only a little bit accurate LOOKING AHEAD for the last 2 years GRST would be bancrupt for a long time and would have seen this hurt shareholders stuck with 7 or 8 billion O/S, following continuous dilution.
Since yo did in the past IMAGINE or MANUFACTURE the most possible outcomes, you effectively have assumed negative scenarios (anyone could have figure out not even analysing the situation in detail.
This being said, Leon still operates and improve the situation somewhat.
Once more you makeup stories, imagine negative scenarios, look at the past, keep predicting events that never happen (unlimited dilutions, splits, ...).
Why not stick to what you and we know:
'GRST is a sub-sub-sub-penny stock of an operating company, reporting duly that its situation is high risk but progressing somewhat'
Why do you keep trying to ''LOOK-SMART'' outlinig historic fact all do know. You obviously have an hidden agenda and only those not already involved do read your garbage.
Get a life ... You may like it!
''.I well understand his Reluctance to Post on the Board.....''
I hope he never does. CEO'S must communicate normally (PR's, NR's, ...) with the (shareholders) markets. ''Boards communiactions'' is totally inappropriate for a serious company to infom the shareholders at least.
Cannot disagree but honestly this was a promissing stock up to 1+ year ago, before our stubborn incompetent CEO sat on it dreaming of a great future.
I agree that no new investor or gambler will touch that garbage now.
As I said a multiple time herein, GRST (for me at least) is a bet offering a limited loss potential but on the otherhand an interesting gain if the company develops thru new investments.
I (for whatever reason) belive that Leon is effectively trying to cleanup the mess the company was in up to recently and that he believes in the future of th company.
On the otherhand, a possible good future would have to come from some kind of investment Or government grant) allowing Leon to both reduce the debt (friendly or not) and expand the operation of the company.
Considering Leon doesn't communicate at all with his shareholders and/or the market (his recent presentation did not help, mainly looking at the past) one has no way to seriously define odds relative to the future of this stock. Anyone claiming to have any clue where this affair is heading is a dreamer or a liar.
All one can hope for right now is that Leon will communicate somewhat relative to what he tries to do with the current business. I however do not hold my breath waqiting for such an event. It is obvious that Leon only accepts to talk to individual shareholders off record (on the phone) and honestly this to me is unacceptable. He either has something to say (then do it in the open) or not (then keep it as it is).
Let's see if 2024 will clarify (or not) what is going on (or not).
She found money selling shares (now 120,000,000 + O/S) to play in her R&D interest but did not find money during the same period to tell her targetted markets of her 'revolutionnary' products. 3 years ago this stock traded at $5 (CDN) or so and it now trades below $0.20. All during this time our scientific CEO only found money to add shelves where she can store her inventories of boxes no one (but shareholders) know what they are all about6.
I 've been in the stock market for 50+ years (only have a couple of sub penny toys to play with) and I never saw a CEO (and her board of scintific oriented directors) demonstrate such an incompetence relative to MARKETING.
I fortunately traded in the past (bought my first shares in December 2019 at CDN $0,38) up to December 9, 2020 (last trade at $ 4.25) so I got up to thousands of shares at a net cost of below $ 0,80.
Never would I ever imagine that our CEO would be incompetent enough to see her company drop to $ 25,000,000 in market value.
Let's see when she produce another stupid PR annoucing the addition of new shelves.
IWhat a mess our incompetent CEO created. To bad ... Win some, lose some ...
whatever they try to sell, communicating with the targetted market is what is required. Only communicating with shareholders is ridiculous. it is obvious our CEO doesn't believe in marketing. She probably it is a non productive expense.
PPS: highest price in 52 weeks: 0,0007 Lowest 0,0002 current 0,0004. This being said, I prefer to look at market cap varying with O/S X PPS.
Historical financials
Breakdown 12/31/2023 *** 12/31/2022 12/31/2021 12/31/2020
Total Revenue 5,200 4,821 1,943 339
Operating Expense 4,750 4,332 1,940 502
Market cap (millions) 1,550 1,492 3,579 7,095
*** = Assumed
Leon's challeges: Reduce debt, increase facilities(revenues)
Required: Investments of 2 to 5,000,000
My recommendation: Only invest money you can afford to lose (great good news ahead potentially) ... That what I call an interesting BET.
, having taded for awhile in the past, my net cost is somewhat bigger than current pps but not that much.
As for: 'you are resigned to your fate at this point' , if you read my posts all along (I know you did) you will know that this for me is A BET not an investment. I do not have to ''resign to my fate'' still having a chance (and even hoping) to see the bet become a winner.
As Yogi Berra said: 'The game is not over till it's over'.
''been pretty spot on'' (LOL) Only when you refer to historical facts, otherwise you are (up to now) always wtong when you predict future (Dilution being the mest example).
As for our products, our CEO likes to keep things well kept secret. It has to be one of the worst marketing/communications CEO ever.
$0,19 CANADIAN ... I bet our CEO will work hard at acquiring additionalo shelves to put our inventory on. I think we have a Kamikase pilot driving our company.
Notwithstanding your continuous predictions that GRST was a desperate situation, you must now admit that Leon diid quite a lot in the last 2 years or so. Just to quote the achievments YOU QUOTE YOURSELF:
- a plan you can bet it will take more than a year to execute (at least you admit he will do it).
- close he deal on Ethema Health's 75% claim to the current treatment center.
- close on the purchase, sale, leaseback scheme. That deal required
- Shawn Leon personally guaranteed the debt
- the regulation "A" offering was filed October 2022
- repacked the defaulted debt into this lease finance deal
As you wrote, now : ''they try to figure out how they are going to persuade retail to buy into the regulation "A" offering shares .If I may: (at a price of 0012) to reduce the debt AND grow the business.
Not bad after you spent 2 years predicting the death of the stock.
Effectively, market value is ridiculous (20% current revenues) but Leon will have to slve the debt issue (friendly or not). If he can find or be the investor able to put a few millions in the company, he must reduce the debt as a priority. At current pps, the market effectively says that Leon did create a much better environment for growth but he now must solve the debt issue (in part) before he can think about executing in view of his claimed objectives.
''He has been spot on with GRST'' LOL!
If he had been only half right (never mind spot on) the company would be bancrupt after an extreme dilution ... among other topics. Bubao is an historian telling what happenned in the past (up to almost 4 years) but as for looking ahead, he is always off track.
''Lawsuit is over a slip and fall incident.''. I assume you hint that Leon operates with no insurances whatsoever ???
''Everything he has posted has been the truth.'' Effectively since all he posts covers historical data. Whenever he tries to predict something, it doesn't happen. Dilution being the best example. If half his prediction had materialized, Grst would not even be traded anymor.
Closing at 0003 demonstrate that yesterday presentation did not help at all. Leon will have to find capital from someone prepared to take a measured risk, investing in a great business needing cash to grow from a good base after somewhat reducing the debt up front.
THE QUESTION: Can Leon be/find/partner with such an investor ??? We shall see but his story is much better than it was even 18 months ago.
Naybe (just maybe) Leon knows that thisis not the way to do it and it explains why it has remained a plan for more than 1 year up to now. If Leon execute it within the nexr year, I'm sure he will not rush into doing it in a suicidal way.
''quoting the filings complete with links'' and playing this historian is one thing, INTERPRETING THEM SUBJECTIVELY in view of disparaging the company and its leader is quite another thing.
I effectively bought my 1st shares here in on 2020-10-18 (100,000 shares at $ 0,0049) traded them for over 1 year, reducing my net cost and accumulating millions of shares. From october 2021 I stop playing with it but did ride my shares having a net cost more or less 10 times current PPS.
As I said it went from a ''toy to play with'' to ''a long shot bet'' to what it is currently a bet that may very well become a small ''investment'' (I said MAY).
Let's see what the future will be ... You know as much as any of us about it (future) then stop being affirmative making up scenarios that fit your wishes ... for whatever hidden reason you have.
''It isn't about the bed counts.''
Once again you prove you can't even read right ... I wrote: As for the expectations mentionned (500 beds, ;;;) let's prove we can walk before promissing we will run.
You interpret that I was saying that 'it was about bed count ???
You are only able to IMAGINE negative scenarios, obviously justified by a personal anger toward Leon. Trying to make yourself look smart thru subjectively negative analysises, you really achieve the opposite, sounding like a stupid JA on a destructive mission.
Get a life, put your anger away and forget about GRST.
Even better, get barred from our board altogether.
1- $7,000,000 / $ 0,0012 is more or less 5,833,000,000 shares (there are still more than 6,000,000,000 A/S available.
2- Leon doesn't have to ELIMINATE the debt but he needs to seriously reduce it (let's say $2,500,000 less)
3- Leon can using these remaining A/S also get $2,500,000 to finance his expansion.
4- This being done, he now would have a balance sheet showing $2,500,000 less liabilities and $2,500,000 more assets and a starting P&L statement showing close more than $5,500,000 yearly revenues TO START WITH.
5- The above would give the required credibility for his plan for growth (at least partly initially) and would attrack new shareholders.
6- Bottom line, the above being done, the market value of the company could easily become 3+ times the current revenues ($16,500,000)
7- Even considering that small a multiplier, the new 9,750,000,000 O/S woud be worth more or less $ 0,0017 an up front gain of 40%+ for the new investor(s)
Thereafter, and thereafter only, should any R/S discussion and up listing expectation be dreamed of before at least having operated in the above created context, short term relative to R/S and 1 or more year before uplisting.
The plan makes sense but, Insertion of new capital is THE KEY ... Reg A and/or a/some new large investors must be THE FIRST STEP toward Leon's plan. Short of that, the future is not even worth mentionning.
''no “real” catalyst countdown for a little while ... if they can do as they want, this will be one to surprise most in how fast it will climb.''
We are kind aggreeing. We may (?) have hit the bottom and if they can do as they want (solve the debt to start with, friendly or not) we should get in serious money.
As for the expectations mentionned (500 beds, NY stock exchange, ...) let's prove we can walk before promissing we will run.
Leon has proven he is serious and has made a lot of progress in the last few years but he now needs to prove he can put the company in a good financial situation to grow from.
Nice review. I however believe the debt (friendly or not) is the boat anchor keeping our market value close to zero ( + or - 1,5 M$ against revenues of + or - 5 M$
I agree but for that to be, our CEO will have to wake up and understand that she needs help. I wonder what it will take for her to finally understand that we are not in the business to acquire shelves to store our inventories.
Reverse split is definitely in the cards but i hope he doesn't pla to do it with a starting pps in the 0,000x range. If he split to early, the risk is that our market value will fall thru the floor. Realy not serious to discuss NY stock exchage right now (???)
Thank you
Saying that I believe that to be a BET potentially going any way (become an investment or a write off) I do not know how i can be wrong?
Relatively disappointed with what I heard.
20 minutes discussing history and very rapid fly over financials.
Mentionned the debt but did not say how he will solve it and how fast.
I think I heard him discussing an investment of $ 2,000,000 soon (???) but not sure I understood it well (???)
Quote: ''$ 0,0003/share is ridiculous should get better soon'' ... However he did not say how and why he believes that?
Still believe he may succeed but if so (???) it's gonna take a lot of time. Agressivity toward achieving his claim goals is definitely not as I would have expected him to be.
Bla, bla, bla ... as usual looking at the history eveone in here does know. Ridicule is fortinately not a mortal decease.