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Re: benhor post# 6106

Friday, 06/26/2020 4:39:28 PM

Friday, June 26, 2020 4:39:28 PM

Post# of 49913
Well done benhor...should we go over this? Seems like most didn't read it. Why on earth would anyone sell if they read this?


The Company further reports that the 10-K is further delayed and is expected to be filed on or before July 1, 2020.


That's on or before this coming Wednesday.

The Company further reports that the 10-Q is expected to be filed on or before July 6, 2020.


5 more trading days.

The Company previously reported that it was completing a financing and an acquisition of a company that would give Ethema a new treatment center location in West Palm Beach, Florida. The documentation involved in completing the financing and the acquisition has taken much longer than expected, however the Company has been making progress.


Pretty much tells me that the paper shuffle is the only thing holding this up...covid's not helping either. Consider it closed imo.

The Company has received an initial tranche of the financing and certain funds have been advanced to the target company for opening preparations to the target company’s leased facility.


What does that tell you?

The Company is doing everything it can to complete the financing and the acquisition in a timely manner.


That's all I need to hear. Big deals take time. A lot of moving parts here, and considering how complicated covid-19 is making everyone's lives, delays are to be expected and understandable in these crazy covid times we live in. I'm 100% confident that these filings will be out very soon, then immediately after they will announce the completion of this first acquisition.

The Company focus on its filings and its financing and acquisition has delayed its anticipated closing date for the acquisition of an initial 25% ownership stake in Biohazard Health Services LLC (“BHS”). The Company announced on June 16, 2020 that it expected to close this deal by the end of the June. The Company expects that to be delayed. The Company has to complete its periodic filings and the financing and acquisition before being able to advance the BHS deal. The Company expects that its new operations will operate at the highest level of safety and care for its clients and staff and BHS products and services will be part of the health and safety protocols.


Covid Clear comes right after the "acquisition complete" announcement.

The outstanding share count will grow no larger. The OS is locked for at least 3 months. These deals will close well before then and by that time this float will be completely locked/soaked up. Guess what happens next. Today was a beautiful day! Thank you!

GRST





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