Ethema Health Corp (GRST)

[Bubae]

Much of the risk associated with the OTC can be mitigated by simply reading the filings and paying attention. You don't have to root out how much dilution is coming for this ticker because the company has been advertising it for months. Buy into a regulation "A" offering but don't complain when the stock gets pounded.

The company has announced acquisitions and property purchases for years that turned into nothing more than a promo point for the press releases. Look at the ambitious, not to mention fictional, uses for the regulation "A" offering. They will be lucky to raise enough to retire some debt with this narrative and in this lousy market.

.....I am saying that Playing the Stock Market there is an Inherent Risk!......

Company Signs Purchase and Sale Agreement to Acquire Property and Ends Third Quarter Strong
October 05, 2022 13:07 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/en/news-release/2022/10/05/2528993/0/en/Company-Signs-Purchase-and-Sale-Agreement-to-Acquire-Property-and-Ends-Third-Quarter-Strong.html


On October 3, 2022, Ethema signed a purchase and sale agreement (“Agreement”) to purchase the building and paid a $350,000.00 deposit as part of the Agreement, bringing the total deposit to $400,000 after getting credit for the $50,000.00 option payment. The Agreement has a closing date of January 31, 2023. The Agreement also provides for a seller’s note which will provide the majority of the balance of funds necessary to close the deal. The company plans to raise additional equity for the purchase through a Regulation A financing.


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
https://www.globenewswire.com/en/news-release/2022/11/29/2563968/0/en/Ethema-Posts-Strong-3rd-Quarter-Results-and-SEC-Qualifies-the-Regulation-A-Form-1A-Filing.html

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 Extends Dates for Debt Repayment and Real Estate Closing
March 01, 2023 08:00 ET | Source: Ethema Health Corporation
https://www.globenewswire.com/en/news-release/2023/03/01/2618141/0/en/Ethema-Extends-Dates-for-Debt-Repayment-and-Real-Estate-Closing.html

The Company is nearing the completion of the definitive agreements on the previously announced acquisition. Once a final agreement is reached, there will be a short due diligence period followed by a thirty day closing period. The purchase of the acquisition will be funded by the financing raised by the Reg A+ offering.


Regulation "A" Offering
https://www.otcmarkets.com/filing/html?id=16623154&guid=kOu-kKnUE8dfJth

....Ethema Health Corporation, a Colorado corporation (the “Company,” “Ethema,” “we,” “us,” and “our”), is offering up to 4,166,666,660 shares (“Shares”) of its common stock...