Ethema Health Corp (GRST)

[tigerpac]

Whatever the R/S is it will wipe out all existing shareholders so their shares are worth pennies total. Leon has the ability to issue himself free shares or reprice the shares that he can award himself. Uplisting doesn't happen in a day, it would take at least a year. He would have to list all the prior notes in his financials for a period of time, he couldn't just omit them if he paid off debts.

Could he borrow money from the bank after he does all this? So he would all of sudden want to pay 10% interest rate? If his family are billionaires why all the nonsense with borrowing and/or letting shareholders absorb the dilution. Leon will own the company regardless if it fails or not because he owns the preferred shares.

I'm guessing the family knows how bad an idea this investment is so that's why they don't throw any money at. Leon is hellbent on trying to prove them wrong. IMO Leon would use most of that newly raised money to pay himself and his immediate family back for all their so-call accrued expenses and salaries cause remember it Leon first and the rest of you second.