Friday, May 28, 2021 10:12:44 PM
GRST signed deal to acquire 51% of ARIA
Evernia / ARIA was put in escrow called ATHI
GRST restructured old debts and borrowed from less toxic lenders
GRST required to loan $500,000 for Evernia / ARIA startup costs
GRST has advanced over $1 million as of Q1
GRST raises the deal to a 75% ownership of ARIA
GRST owns the property new ARIA facility is located, giving full control
Florida needs to approve ownership change
ATHI will issue the shares to GRST
GRST closes the escrow and ownership of ARIA
GRST owns a profitable cash flow positive mega million dollar facility
These events usually take several months or years.. When it says deal expected to close late May, there could still be some final paperwork before CEO prepares a press statement.
The noobs on this board expect updates every day when these events simply takes time to complete.. The people who cry all the time are poor and the ones who smile make wealth. You do not see Warren Buffett, Bezos, Elon, Bill Gates crying on ihub. Look how long they held their stocks for.
Long term gainz baby.
What will they do next is the question. Advance their connection with Sparta group or use their resources to acquire more locations?
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