Ethema Health Corp (GRST)

[Wake Setter]

Updates...

On June 30, 2020, the Company entered into an agreement whereby the Company will acquire 51% of American Treatment Holdings, Inc. (“ATHI”) from The Q Global Trust (“Seller”) and Lawrence B Hawkins (“Hawkins”), which in turn owns 100% of Evernia Health Services LLC. (“Evernia”), which operates drug rehabilitation facilities.

The consideration for the acquisition is a loan to be provided by the purchaser to Evernia in the amount of $500,000.

As of September 30, 2020, the Company had advanced Evernia approximately $290,100

As of December 31, 2020, the Company had advanced Evernia approximately $690,449


On June 30, 2020, the Company entered into an agreement whereby the Company will acquire 51% of Behavioral Health Holdings, Inc. (“BHHI”) from The Q Global Trust (“Seller”) and Lawrence B Hawkins, which in turn owns 100% of Peace of Mind Counseling Services, Inc. (“PMCS”), which operates drug rehabilitation facilities.

September 30, 2020, The consideration for the acquisition is still to be determined.

December 31, 2020, The Company is currently considering its options to acquire a stake in BHHI and may renegotiate the deal terms.