Ethema Health Corp (GRST)

[Bubae]

LOL... Millions in trading losses went into getting that additional $53k for the quarter and adding 10 beds isn't going to add much. They would have done better to put the money in an interest bearing savings account and still be sitting on the principle. Most of the millions trading losses went into the pockets of the toxic financiers. So if they only have 118K in net operating earnings who pays to service the 18+ million in liabilities? That s right, the same people who will pay for pending debt conversions.

They have signaled that they will be raising more funds per the statement below in my opinion. They need operating cash and I'm watching for another so called refinancing 8K for funds and another corresponding PR about how good it is for shareholders. Sell the news and make money if you can.


Q3 2021 10Q filing
https://sec.report/Document/0001721868-21-000835/

Liquidity and Capital Resources

..."Over the next twelve months we estimate that the company will require approximately $1.5 million in working capital as it continues to develop the Evernia facility and it is also exploring several other treatment center options and sources of patients throughout the country. The company may have to raise equity or secure debt. There is no assurance that the Company will be successful with future financing ventures, and the inability to secure such financing may have a material adverse effect on the Company’s financial condition. In the opinion of management, the Company’s liquidity risk is assessed as medium."...