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Wednesday, May 18, 2022 2:23:53 PM

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Post# of 43059
Positive EBITDA for the ARIA subsidiary of $186,640.00 for the quarter!!

"But you dropped $259,000 in cash on the balance sheet for Q1!"

"How DARE you defame me sir!!!"

Is as ridiculous as it sounds.

Ethema Posts Positive Q1 Results
May 16, 2022 16:00 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/news-release/2022/05/16/2444282/0/en/Ethema-Posts-Positive-Q1-Results.html

...fourth quarter 2021 resulting in positive EBITDA for the ARIA subsidiary of $186,640.00 for the quarter. The overall Company loss was due primarily to interest and other debt related expenses...



For the quarterly period ended March 31, 2022
https://sec.report/Document/0001903596-22-000301/

In the prior year we received net proceeds after the repayment of convertible notes of $305,000, during the current period we repaid $201,733 of convertible notes as we reduce our debt to third parties.

We repaid $78,977 of third party debt during the current period and received short term proceeds of $100,000 from promissory notes payable. We funded the above repayments from proceeds advanced by our CEO of $259,228 during the current period.
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