Ethema Health Corp (GRST)

[Wake Setter]

GRST Leonite Debt Extinguishment

No idea why people spend so much time posting nonsense all day when the answer is a click away ---

"The company entered into a debt extinguishment agreement with Leonite whereby the following occurred"


$700,000 of the note was converted into Series A Redeemable Preferred shares in the Company’s subsidiary, Cranberry Cove Holdings


$400,000 of the note was converted into series B Preferred stock in the Company for a 12-month period


The remaining balance
of $150,000 will accrue interest at 8.5% per annum and is convertible into common stock and repayable in 6 monthly installments of $25,000
commencing after December 12, 2020.

Sounds like Leonite debt is near complete?



http://leonitecap.com/index.php

Add that to the list of news events coming