Ethema Health Corp (GRST)

[stervc]

Important to note about that...

Just to make sure it's clearly understood what's the Outstanding Shares (OS) for GRST, the first page within the 10-Q states...

https://www.otcmarkets.com/filing/html?id=14411621&guid=fBF6Ua3Kxex9Obh
Number of shares of common stock outstanding as of September 21, 2020 was 1,841,090, 247.

Then important to note is that those are Outstanding Warrants and not Outstanding Shares. Those Outstanding Warrants are done in such a manner to reflect an intrinsic value of $10,437,403 with an exercise price as high as .12 per their filing.

https://www.otcmarkets.com/filing/html?id=14411621&guid=fBF6Ua3Kxex9Obh
All of the warrants outstanding as of March 31, 2020 and December 31, 2019 are vested. The warrants outstanding as of March 31, 2020 have an intrinsic value of $10,437,403.

Read these links below to understand more about Intrinsic Value:
https://www.investopedia.com/terms/i/intrinsicvalue.asp
https://www.fool.com/knowledge-center/intrinsic-value.aspx

I believe this is some of the accounting methods that were used that the company had mentioned that is a little technical for understanding for some. I see still zero worries as the company recently confirmed within one of their tweets that there still are no dilution concerns here with GRST.

v/r
Sterling