Ethema Health Corp (GRST)

[Bubae]

The company really should answer some questions about previous comments. One about the reverse split issue in light of the recent share structure destruction and the debt amount of debt that is currently eligible.

Another would be about the about the statement that the dilution would stop soon in the July 2021 document. I bet a lot of traders have banked losses based on that statement believing that they might catch a bottom.

Maybe the comment was based on the assumption in the quote. But to your point, they continue to borrow funds to operate because net earning even with the addition of ARIA isn't cutting it.

"The Company does not foresee how that can happen now that it has a valuable asset in the treatment center and still has a well performing real estate asset in Canada."

FAQ page release July 27, 2021
https://ethema.wpengine.com/?page_id=683


Will you do a stock consolidation?

"The current Board and management does not support a stock consolidation. There are only two reasons the board would consider it. The first would be if the stock halts trading because it has reached 0.0001. The Company has already been through a situation where the stock hit .0001 and essentially stopped trading. The Company resisted doing a consolidation then and would resist doing it in the future if anything near to that happened. The Company does not foresee how that can happen now that it has a valuable asset in the treatment center and still has a well performing real estate asset in Canada. The second would be to up-list to an exchange that requires a minimum stock price. The Company could seek an up-listing at some point in the future but there would have to be some sort of financing tied to that. Neither of these situations are in the foreseeable future."

When will the debt be brought under control and when will the dilution stop?

"We cannot tell yet how much more conversion there will be but the rate and amount are in a dramatic decline. We do see an end coming soon since that has been the direction for much of the past three months."