Ethema Health Corp (GRST)

[Wake Setter]

Thankfully they are all fairly small even after interest. A few of them around $50,000 and $100,000.

During the recent 8K, CEO says "The Company expects the cash provided by these events will be sufficient to meet the Company’s operational cash flow requirements for the addiction treatment center start-up."

What I like about this industry is there is not much overhead compared to others. You are basically paying for the bills and labor - doctors, nurses, phycologists, etc. and license + marketing fees.

Another good thing about this industry is they are not creating a physical product that requires years of distribution agreements and searching for contracts with companies to sell the product.

These mental health and rehab facilities pretty much hire a few skilled pros to lead a few programs, they fill the seats/beds, and generate an absurd amount of profit in a very short time.

I do believe GRST can reach break-even or profit this year. Paying off those small 100k - 200k loans should not take much when they are hopefully making that in profit every month coming soon.

CEO says there is enough cash in the bank for the next several months of operation cost - lets hope the expected revenues are beefy.