Ethema Health Corp (GRST): Why do you assume they would not get rev...

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Re: Bubae post# 35287

Tuesday, 09/07/2021 5:00:55 PM

Tuesday, September 07, 2021 5:00:55 PM

Why do you assume they would not get revenue on the books for Ethema? They reported buying 75% of the business from ARIA...that means they report the revenues as an acquisition majority partner..revenues don't get split up when there's a partnership involved..majority partner gets the revenue and all of the cost..then the minority partner gets a share of the profits or loss as an investor would. ARIA ownership becomes an investor in ETHEMA now after acquisition closed. BTW..their tweet on the property option to purchase make sense if they purchased the business and not the property per se...they must have an option to buy the real estate as well in their contract with ARIA

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