Ive never seen an OTC company PR / 8-K with more meat than the one from 12/10/20. GRST is golden.
1- Update on Labrys Fund LP updated warrant price from .0015 to .00205.
Over a 36% price improvement for shareholders.
2- Warrants issued, 100,000,000 instead of 183,333,333.
An 83% improvement on issued warrants for shareholders.
3- CEO cancels 1,757,850 personal shares. CEO has never sold any of his personal shares.
Mr. Leon is concerned about outstanding shares and dilution, contrary to some posts on this board. This PR sets Mr. Leon apart from virtually every other CEO on the OTC.
4- CEO hasn't charged The Company any fees directly or indirectly for the last two years.
I would wager Mr. Leon continues to receive income from the families billion+ dollar business since he is forgoing any compensation from ARIA for such a lengthy period.
5- The Company will be very strategic with any share issuance going forward.
For the prevaricating posters screaming DILUTION. I like the word strategic, expansion?
6- Once the Company gets the convertible debt repaid with equity or fixed price debt, it will seek shareholder approval to significantly reduce the authorized shares outstanding.
Fixed price debt please. Shareholder input on authorized share reduction, unheard of.
7- The Company has previously announced the plans to file a Form 1-A under Regulation A to raise funding for acquisitions and to repay some of the current debt. The Company expects to make the filing soon.
Borrowing money instead of diluting shares. Should be easy to pay back with tens of millions of dollars in annual revenue.
8- ARIA commenced its Audit with the Department of Children and Families (“DCF”) today and is expected to complete the audit successfully in the next several days. This will give ARIA its full license...
Compliant with all business regulations. Open for more business immediately. News very soon.
9- This will give ARIA its full license and the ability to finalize contracts with certain insurance providers that will broadly expand the range of clients it can serve.
More insurance money available for patients. In another quarter, will have the revenue of an OTCQX at the price of a Pink with a stop sign. We are grossly undervalued.
10- ARIA received its LegitScript approval recently.
Certified that they are compliant with all laws and regulations for a substance abuse treatment center. Advertising on a national basis. A highly professional organization with all its growth ahead.
11- Received approval by Google to begin Pay Per Click (“PPC”) marketing. The PPC campaign commenced yesterday.
In business, no covid-19 problems and advertising for patients NATIONWIDE!
12- ARIA was pleased with the number of clients that it admitted in the first month of business and expects to boost those numbers with the PPC campaign.
I think the startup client traffic and accompanying revenue lead Mr. Leon to consider getting a loan to reduce current debt and to EXPAND.
13- ARIA has had a great success in managing the spread of Covid-19 at the new facility and attributes that success to the use of the Covid Clear product in the treatment of the facility environment ARIA has managed to keep the staff and clients free from the virus to date.
The side business keeps ARIA in business and illness free. A huge win win.
We have a lot to look forward to from this PR both in forthcoming news and in valuation.
