Ethema Health Corp (GRST)

[Bubae]

They had some wind in their sails after converting roughly 1.6 billion shares for debt in 2021. Then the beginning of 2022 until now they put it right back on with a story that has revealed itself to be seriously flawed and deceptive over time. The winners in this scheme are the real investors who hold direct shares of the so called "subsidiaries" to secure debt. Ethema (GRST) shareholders own little other than the debt obligations. The company is counting on that regulation "A" offering priced at three times current market to pay down more debt yet many here foresee no reverse split to make it viable. I seriously doubt they will have much success with an offering for debt in this market.