Ethema Health Corp (GRST)

[Bubae]

I have been waiting for their biannual refinance exercise. The debt is really not tenable with the debt conversions that LABRYS alone is sitting on. They just took on another note in October and the net earnings reported will not enable them to operate without more financing. They also need a PR badly for the much needed volume for conversions.

Why would traders chase a revenue number that is so non-representative of what the real earnings are? What has been confirmed is what the CEO addressed in the FAQ page concerning "gross billing" or "revenue". You will not see a "bull Trap" event here in my opinion because there is no perceived "blue sky" potential and those converting will not permit a range in which they don't mostly own the profit selling. There will be a finite number in volume going forward and those controlling this will capture as much as possible. Now potential revenue and earnings is known and even modest speculation is limited.