Monday, April 24, 2023 5:18:13 PM
Aside from the fact that the secured debt holders are picking the assets apart right now, new buyers need to be aware that the company intends to dilute heavily in the near future. Now I say in the near future but this company moves at a glacial speed on EVERYTHING!! The original regulation "A" was filed October 14th 2022, qualified on November 21st 2022 and filed the third amendment on April 10th of this year. Meanwhile Leonite rapidly books those paper profits from the default interest and fees on their notes. A company can only behave recklessly with their debt if they can eventually unload it on those buying the new shares. It is yet to be seen if this company can sell those new shares for the accumulated debt from the previous 2 failed treatment centers.
Ethema Posts Strong 3rd Quarter Results and SEC Qualifies the Regulation A Form 1A Filing
November 29, 2022 08:00 ET | Source: Ethema Health Corporation
globenewswire.com/en/news-r...
Mr. Shawn Leon, Company CEO, reported, ...
...We have repeatedly indicated throughout the year that our dual goals were to grow the company and to manage and repay the debt we accumulated in previous years. In the next few months, we expect to make substantial progress on these goals with the new equity raise outlined in the filed form 1A....
Ethema Posts Strong 3rd Quarter Results and SEC Qualifies the Regulation A Form 1A Filing
November 29, 2022 08:00 ET | Source: Ethema Health Corporation
globenewswire.com/en/news-r...
Mr. Shawn Leon, Company CEO, reported, ...
...We have repeatedly indicated throughout the year that our dual goals were to grow the company and to manage and repay the debt we accumulated in previous years. In the next few months, we expect to make substantial progress on these goals with the new equity raise outlined in the filed form 1A....
Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..
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