Ethema Health Corp (GRST)

[cybermich]

Very interesting:)

If you are meaning they are now at over 50 percent capacity??? (and I HOPE that is what you are saying).. then we can have fun and crunch some numbers based on what we already know..

but before I start.. I wonder how many folks have made this simple phone call.. and then did not share what they found.. and were simply "quietly" accumulating???.. who knows.

Anwyay, IF I am reading you correctly, then perhaps we could assume a few things..

From a company announcment: Aria was ready to take its first clients on Oct. 26th, 2000:) THEN we know from the Jan.13th PR that for the months of November and December (2000) Aria had gross billings of 602,200 dollars..

If you assume a conservative billing of 20,000 dollars per month (27K high end) taking 300,000 dollars as the average per month in total revenue (for the 2 months of Nov. and Dec.).. Divide 300,000 by 20,000 and you get 15 clients.

NOW.. Again, if I am reading your post correctly and we are at more than 50 percent capacity.. and if it is a 168 bed facility:).. even being conservative.. (we'll use half of 168 = 84 clients).. 84 clients multiplied by the conservative 20,000 dollar amount equals 1,680,000 dollars!!

If these numbers are close to being accurate then between November/December of 2020 to the end of Feb. 2021 (2 month period of time).. we have increased the amount of "beds" over 5 fold!!

And average monthly gross revenue has increased by over 5 fold as well!!

Now 2 things..

1. I HOPE that I am reading your post correctly:)

and

2. I HOPE that I am not making some silly mistake in the math:).. because I am writing this after a long day at work and trying to piece it together.

So could someone/anyone PLEASE look at this and tell me if my simple napkin math makes sense? Because if it does.. this is incredible news!!!!!!!!!

And ibmoney.. could you PLEASE confirm that my understanding of your post is correct? THANKYOU:)

And good luck to all GRST longs!

Cy

p.s. the reason we need this double checked is because the numbers almost seem to good to be true.. and I don't want any unreasonable expectations to be floating around out there.. so note.. THIS NEEDS TO BE CONFIRMED!.. even if the numbers are a FRACTION of this it would be awesome.. and it would show that we are heading in the right direction.
So please take this as speculation until proven otherwise.. and for entertainment purposes ONLY. Thanks. p.p.s fingers crossed:)