Ethema Health Corp (GRST)

[Bubae]

Debt conversions are paid for with trading losses. Toxic financiers win, the company wins, the other investors holding shares of the two assets win. All paid for with trading losses.

The assets even get diluted here because they have share structures of their own and handed out to secure debt. I believe we will see more of that in the facility purchase using investors. This is a self described publicly traded investment holding company. Investors make money and traders unable to flip pay the bills. The CEO doesn't have a salary his income is described as management fees.

The losses get locked in with the reverse split and the result doesn't impact the company's investors. This is probably looking at a split on the order of 2000 to 3000:1 in my opinion. This will largely attenuate the influence of retail selling and allow the company to convert debt and attract new financing. Those converting the debt can create their own volume if they are starting around .30 and play the decline just as they did since Q2 2021.


2020 10K annual filing
https://sec.report/Document/0001721868-21-000220/
Employees
As of December 31, 2020, Ethema Health Corporation had 2 employees.
Corporate Structure

The Company consists of the following entities:

· Ethema Health Corporation (“Ethema”) (Parent company);


Ethema is the publicly traded investment holding company.