Ethema Health Corp (GRST)

[Bubae]

Notice that those note holders who funded the debt restructure last year took those options for direct ownership of ARIA shares? Leonite as much as 33%. If there is a liquidation here they will be protected. The reason for the May refinance was to consolidate the debt with one holder. This allows for a more controlled conversion of debt and helps support the price. Otherwise you have several note holders competing for trading volume. So LABRYS has their neck out there if traders interest declines here.

The Q3 revenue has been so hyped that it is unlikely meet expectations. The actual revenue realized by ARIA will be much lower because of collections from insurers and much less even will hit the Ethema (GRST) balance sheet. These guys need to raise some more cash to operate in my opinion.

2020 debt restructure deals
https://sec.report/Document/0001721868-20-000600/