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Leonite to Buy 20% GRST OS at .10

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stervc Member Level  Friday, 06/12/20 10:52:09 AM
Re: davidsson10 post# 2708
Post # of 9994 
Leonite to Buy 20% GRST OS at .10 per share

This is big news for GRST that I think some might not be getting it just yet. There are lots of great things within this PR with all of the debt getting paid off and renegotiated to where it's not going to hit the market, but let's hit on a few key topics of equal or greater importance:

1-Per the Form 4 filed with the SEC, the CEO owns/bought 80,417,584 shares at .079 per share per share (courtesy of ~ Blue ~)... Why?

2-Leonite is willing to buy 20% of the OS at .10 per share... Why?

3-Maybe it's because of the over $200 Million in value that can be found (courtesy ofStocksGoneWild) within the slideshow/posts below that they have learned to be coming?

(I'll explain later.)

It's a great thing that the PR confirms that they are eliminating and paying off millions of debt to never hit the market to set the stage for its new growth. It is also important to note that Leonite has the option to buy 20% of the Outstanding Shares (OS) at .10 per share as Ethema Health Corporation, GRST wholly owned subsidiary, is listed on the Leonite portfolio page below:

1. All existing Leonite Warrants to be exchanged with a new Leonite five year warrant granting Leonite the option to purchase equity up to 20% of the outstanding common shares at $.10 subject to adjustment. Any portion of the warrant that is exercised will reduce the remainder of the warrant remaining based on the total number of common shares outstanding at the time of the exercise. The warrant may not be exercised in the first three months of the warrant term.





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