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Re: Niceguy1 post# 37290

Thursday, 10/07/2021 7:50:22 PM

Thursday, October 07, 2021 7:50:22 PM

Post# of 51245
Revenue, gross billings... read the FAQ page. The fact is the had less than 100K in revenue for the last quarter and over $2 million in posted losses. an increase of only $14K year over year. Ridiculous considering the capital burned over that time. Current liabilities increase by $650K to over $19 million Q2 alone despite over 338 million new shares being issued.

Ethema FAQ page
https://ethema.wpengine.com/?page_id=683

Revenues

Revenues were $96,158 and $82,301 for the three months ended June 30, 2021 and 2020, respectively, an increase of $13,857 or 16.8%, this included the rental escalation as per the agreement and a deterioration in the currency exchange rate against the Canadian Dollar over the prior period.

https://sec.report/Document/0001721868-21-000524/

Net (loss) Income

"Net loss was $(2,626,438) and net income was $9,039,879 for the three months ended June 30, 2021 and 2020, respectively, a decrease of $11,666,317 or 129.1%, is primarily due to the gain realized on debt extinguishment in the prior period, offset by the movement in derivative liabilities during the current period as discussed above."


https://sec.report/Document/0001721868-21-000524/

Total liabilities $19,105,744 June 31, 2021 18,448,565 Dec 30, 2020
Total assets $4,193,033
Revenues were $96,158 three months ended June 30, 2021
Net loss was $(2,626,438) for the three months ended June 30, 2021





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