Ethema Health Corp (GRST)

[Bubae]

The problem is that he isn't able to print new shares right now with the current narrative. I doubt that they can match the volume of the 4 day PR campaign that started February 28th that sold another 150 million new shares. Sort of a fool me once situation.

That $150K raised didn't appear to apply toward the debt payments described in the March 1st press release. It was needed to pay for a conversion notice on a separate note held by Leonite earning 12% interest. The balance on that note is now $173K according to the Q1 22 filing. We are right at 100 days since the debt press release of March 1st and not a single word about it.

Ethema Continues to Reduce Debt
March 01, 2022 10:19 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/news-release/2022/03/01/2394545/0/en/Ethema-Continues-to-Reduce-Debt.html


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

On February 28, 2022, in terms of a conversion notice, Leonite converted the principal sum of $149,250 of the Leonite Note into 150,000,000 shares of common stock at a conversion price of $0.0010 per share.