Ethema Health Corp (GRST)

[Bubae]

I'm probably the reason that many waited for the .0005s in the first place. LOL So many are just happy to see the .0009s again so they could bail, and there are a ton of shares in the .0009s. you did exactly what I believe you should have done, that is sell the news and unload on the press release chasers. That is also what the company is doing with some of the debt that is eligible to convert.

Not much real news here. The added revenue was expected with the final build out. The property purchase with what they called "off balance sheet" investors was also known.

The so called "debt reduction" will likely the same as the news last year. The debt gets repackaged and pushed out a bit and it is called debt reduction. That note matures May 7th and become delinquent if it doesn't convert or get repackaged. They may be signaling another restructuring.That gives them time for an up-list attempt and the reason for the "audit" in my opinion. Massive reverse split will be needed for the up-list and to fix this share structure.

Ethema Repays a Significant Portion of Its Convertible Debt
May 17, 2021 11:55 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/news-release/2021/05/17/2230956/0/en/Ethema-Repays-a-Significant-Portion-of-Its-Convertible-Debt.html

...As part of the Company’s focus on dealing with its debt announced on April 28, 2021, the Company closed on a one-year convertible note in the face amount of $550,000.00 including an OID of 10% and a fixed conversion price of $0.005 per share. The Company used the proceeds of the loan to repay three of its lenders notes completely...


Ethema Releases Third Quarter Results
November 22, 2021 19:08 ET | Source: Ethema Health Corporation
..."The Company has also made the decision to move forward with the purchase of the property at 950 Evernia Street, West Palm Beach, Florida. The purchase will be an off-balance sheet structure whereby the Company will be the General Partner in a limited partnership which will use debt and equity from Limited partners as the structure to own the property. This will eliminate the need to raise equity in Ethema directly and as the General Partner, Ethema will still benefit from the ownership of the property...


https://www.investopedia.com/terms/g/generalpartner.asp

Understanding General Partner
A general partner has the authority to act on behalf of the business without the knowledge or permission of the other partners. Unlike a limited or silent partner, the general partner may have unlimited liability for the debts of the business.