Tuesday, June 16, 2020 10:02:49 PM
From this interview, the GRST CEO seems to be knowledgeable of the addiction treatment business and its bed valuation principles, earnings ratios and cost management strategies.
Thanks Stervc for highlighting the 8:00 minute mark of the interview.
i) Notice how the CEO indicates that private equity firms bought up addiction treatment facilities between 2006 and 2008.
Combine this thought with the:
ii) $1 million bed valuation that the CEO indicates and that you used in your previous post below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156303955
iii) 6/12/20 PR which indicated that Leonite can buy 20% GRST OS at .10 per share that you present in your post below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156235520
Based on the thoughts presented above, I think it is plausible to conclude that the addiction treatment business that GRST pursuing is a profitable/lucrative business and this is may be why they have been able to renegotiate with the creditors and hence Leonite's involvement as an investment firm.
Go GRST!
Thanks Stervc for highlighting the 8:00 minute mark of the interview.
i) Notice how the CEO indicates that private equity firms bought up addiction treatment facilities between 2006 and 2008.
Combine this thought with the:
ii) $1 million bed valuation that the CEO indicates and that you used in your previous post below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156303955
iii) 6/12/20 PR which indicated that Leonite can buy 20% GRST OS at .10 per share that you present in your post below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156235520
Based on the thoughts presented above, I think it is plausible to conclude that the addiction treatment business that GRST pursuing is a profitable/lucrative business and this is may be why they have been able to renegotiate with the creditors and hence Leonite's involvement as an investment firm.
Go GRST!
Buy cautiously and sell reluctantly. All of my posts are In My Opinion only based on the DD I have completed. Please do your own DD and make your own decisions.
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