Monday, November 22, 2021 9:11:44 AM
Q2 filing 2021
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
Accumulated deficit June 30 - 47,504,454 and 44,858,784 as of March 31
Ethema Health Completes First Deposits on Real Estate Purchase of 174 Bed Treatment Facility
November 06, 2017 08:00 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/news-release/2017/11/06/1246898/0/en/Ethema-Health-Completes-First-Deposits-on-Real-Estate-Purchase-of-174-Bed-Treatment-Facility.html
“This property adds to the property the Company acquired in Delray Beach, Florida earlier this year where the Company has moved its principal office and where it operates a licensed treatment facility with 32 beds of community housing.”
“Ethema Health Corporation (OTCQB: GRST) operates in the behavioral healthcare space specifically in the treatment of substance use disorders. Ethema developed a unique style of treatment over the last six years and has had much success with in-patient treatment for adults.”
Ethema Expands into 174-Bed Florida Facility
DELRAY BEACH, FL, June 07, 2018 (GLOBE NEWSWIRE)
https://www.globenewswire.com/fr/news-release/2018/06/07/1518496/0/en/Ethema-Expands-into-174-Bed-Florida-Facility.html
“Mr. Shawn Leon, president and CEO of the Company, said, "It has taken us longer than we anticipated to be able to move forward with this jewel of a property, but we are now well underway with our licensing to be able to offer a full continuum of care to our clients in one location. This has been our U.S. expansion goal for several years and after exploring dozens of expansion opportunities, this is by far the best opportunity that we have seen to date.”
Ethema to Focus on Acquisitions for Growth Strategy
December 24, 2019 10:01 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/en/news-release/2019/12/24/1964449/0/en/Ethema-to-Focus-on-Acquisitions-for-Growth-Strategy.html
“…a provider of healthcare services, has announced that it has signed a non-binding Letter of Intent to acquire a majority interest in an addiction treatment company. The acquisition target will have approximately $20 million in revenue for 2019 and an EBITDA of $3.6 Million. Under the terms of the LOI the Company would be required to enter into a binding agreement by February 29, 2020 and be closed by April 30, 2020. The purchase price will be determined during the due diligence process and is subject to agreement by both parties.”
“The Company has experienced sustained losses during the development of its business in Florida and is securing new financing that will allow it to stabilize earnings by buying a profitable business with positive cash flow. The Company will raise new capital to make the acquisition and to pay down some current debt. The Company has sold two of its properties in Delray Beach, Florida in 2019, reducing debt significantly and may pursue a sale of its Canadian property to eliminate any remaining debt. The Company expects some of the new capital to be debt secured by the cash flow of the acquisition and some of the additional new equity to be raised directly as equity in the acquisition. Both of these financing methods will be less dilutive on existing shareholders.”
November 2020
174 beds in leased facility, COVID Clear, Debt restructured...
ARIA treatment facility; Covid Clear; the Rise of Ethema Health Corp (OTCMKTS: GRST)
https://microcapdaily.com/aria-treatment-facility-covid-clear-the-rise-of-ethema-health-corp-otcmkts-grst/
September 2021
40 beds in new leased facility, 10 under development, No COVID Clear, Debt converting into the forseeable future.
Ethema Health Corp (OTCMKTS: GRST) Powerful Runner as ARIA Treatment Center Secures New Licenses & Expansion of ARIA Property
https://microcapdaily.com/ethema-health-corp-otcmkts-grst-powerful-runner-as-aria-treatment-center-secures-new-licenses-expansion-of-aria-property/
Recent GRST News
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 05/07/2024 08:16:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/07/2024 09:45:09 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 12/22/2023 09:54:23 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 12/22/2023 09:04:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:55:26 PM
- Form 1-A POS - • Edgar (US Regulatory) • 10/20/2023 07:29:40 PM
- Form 1-A POS - • Edgar (US Regulatory) • 08/29/2023 07:21:19 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 08:37:36 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 12:43:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/11/2023 04:51:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/18/2023 06:56:41 PM
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