Friday, May 19, 2023 9:26:19 AM
According to the annual, the Leon's are owed $2.7 million and the series "N" note holders more than $4 million with accrued interest. I don't understand how the company continues to borrow against earnings to pay the payments on that single ever increasing bill if they are to lose their performing assets. One thing is for certain, they need retail to step up and donate heavily and that just isn't happening in this market.
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
This will help clean up the balance sheet and together with our current efforts we expect that only the Series N convertible notes and the shareholder advances to my family will remain as the only non-real property debt by the end of the second quarter this year.”
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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