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Monday, November 09, 2020 8:23:45 AM
This is a very powerful GRST valuation that all should read (courtesy of Airdale1) that shows how GRST could potentially be worth .12 to .75 per share through logical deduction:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159195744
Ethema's CEO is actually BRILLIANT! Here's why.
1- He's selected several of the hottest industries in which to setup businesses:
https://www.wisdomtimes.com/blog/understanding-the-growing-problem-of-substance-abuse/
https://americanaddictioncenters.org/rehab-guide/addiction-statistics
1a- PPE's and covid 19 treatments are in a shortage. Covid Clear helps meet this need:
https://ppeneeded.com/
2- His clinic's have experience, proficiency and name brand to treat celebrities who have the choice of virtually any clinic for treatment. Rob Ford, former Mayor of Toronto, endorsed them:
https://www.theglobeandmail.com/news/toronto/greenstone-rehab-clinic-confirms-rob-ford-is-in/article18830244/
3- As a follow-up to #2, Reputation is paramount in the addiction treatment industry. There are limited regulations and certifications required. GRST has a decade of history and clinical achievement in the industry.
https://www.forbes.com/sites/danmunro/2015/04/27/inside-the-35-billion-addiction-treatment-industry/#40f2bc1b17dc
4- Both Presidential candidates have endorsed substance abuse treatment over incarceration. Candidate Biden stated in the recent debate, no jail time, rather treatment. Government funding will be increasing for the industry:
https://www.masslive.com/politics/2020/10/no-one-should-be-going-to-jail-because-they-have-a-drug-problem-joe-biden-says-during-presidential-debate.html
https://www.npr.org/2020/10/21/926374277/trump-grants-clemency-to-5-most-incarcerated-for-drug-offenses
5- He recognized that Florida, the 3rd most populous state and has great weather. It's the perfect location for a substance abuse clinic with a huge market of substance abusers nearby:
https://www.worldatlas.com/articles/us-states-by-population.html
6- He has planned out a non dilutive means of growing GRST:
https://www.globenewswire.com/news-release/2020/06/12/2047461/0/en/Ethema-Restructures-Debt-and-Raises-New-Financing-to-Acquire-Interest-in-New-Facility.html
7- He's highly intelligent, has great command of language, clearly presents himself and cogently communicates his ideas to others:
https://americanbusinesstelevisionnetwork.vhx.tv/investing-small-cap-market-intelligence/videos/ethema-health-new-paradigm-in-mental-health-treatment
8- He has a growth plan for over 1000 beds and we are at the beginning of that growth cycle. It has take a long time to get to this point and we are just getting started (at :26 seconds:
https://americanbusinesstelevisionnetwork.vhx.tv/stocks-fast-movers/videos/ethema-health-corporation-otcqb-grst
9- He's honest and a man of his word. He comes from an amazing family. Simply follow the PR's for the last several years and compare them to where we currently sit. He follows through.
10- He's created a company CURRENTLY worth over 30 times the current price What is our valuation?
GRST will charge at the higher end of the addiction scale, (1:56 minutes of interview):
https://americanbusinesstelevisionnetwork.vhx.tv/investing-small-cap-market-intelligence/videos/ethema-health-new-paradigm-in-mental-health-treatment
Current capacity, 168 bed facility, (at :17 seconds) : https://americanbusinesstelevisionnetwork.vhx.tv/stocks-fast-movers/videos/ethema-health-corporation-otcqb-grst
Cost of treatment per month, high end of the scale, (at 1:47) https://americanbusinesstelevisionnetwork.vhx.tv/investing-small-cap-market-intelligence/videos/ethema-health-new-paradigm-in-mental-health-treatment
Cost of rehab treatment per month: $10-27,000 per month https://www.rehabs.com/addiction/how-much-does-rehab-cost/
https://www.verywellmind.com/the-costs-of-alcohol-and-drug-treatment-67863
GRST conservative Valuation:
168 beds
$20,0000 per bed per month (vs $27 K high end)
$40,000,000.00 annual gross potential
90% occupancy. (There is a shortage of facilities and therapists)
https://seacrestrecoverycenteroh.com/is-there-a-shortage-of-drug-treatment-centers/) I think we exceed 90%
$36,000,000.00 annual gross estimate at 90%
25% net income (based on newer industry, high demand high income standard)
$9,000,000.00 net income annual income
OS 1,841,090,247
Income per share .005
PE 25
Price of .12 per share (WITHOUT ANY COVID CLEAR INCOME.)
At 1000 beds, valuation = around .75 per share. Holding 1.5 millions shares for 5 years and you're $6,000 becomes $1,000,000.00.
This post is my opinion only. Do not base your investments on my post.
v/r
Sterling
Exit Strategy & Etiquette Thoughts for a Stock
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I never give investing advice; only my beliefs for risks in a stock.
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