Ethema Health Corp (GRST)

[Bubae]

On what basis is the company doing well? The press releases or the balance sheet? Who is buying this stock with the current narrative and share structure other than gamblers who hope to flip a couple of ticks. Press releases cost money and with little hope now that they can convert some debt again at .001 what is the use. A reverse split appears to be of little value as well. Ever see a pink sheet company that couldn't convert shares? They borrowed nearly $1million in Q2 and paid off $596K on defaulted debt in Q2 with very costly terms. The facility is built out now and this 2 year narrative doesn't support the debt that is now in default.

the business is obviously doing well..

For the quarterly period ended June 30, 2022
https://sec.report/Document/0001903596-22-000529/

Operating income

The operating income was $126,702 and $104,321 for the six months ended June 30, 2022 and 2021, respectively, an increase of $22,381 or 21.4%. In the prior period, management fees of $52,708 were reversed, after eliminating the reversal of management fees, operating income increased by $73,994, primarily due to the operating income of $131,359, generated by Evernia offset by an increase in operating expenses for the legacy business related to an increase in professional fees as discussed above.

Net loss

Net loss was $344,599 and $4,994,594 for the six months ended June 30, 2022 and 2021, respectively, a decrease of $4,649,995 or 93.1%...