Ethema Health Corp (GRST)

[Bubae]

This story can't be spun anymore. They aren't making any payments on much of their debt for over a year now, Much of that debt is earning default interest of 24%, penalties applied, and monthly fees added. They borrow every quarter and are now kicking it down the road for another quarter. Why? The numbers below.

For the quarterly period ended March 31, 2023
https://www.otcmarkets.com/filing/html?id=16673787&guid=W5T-knIzQoJpJth

Revenues

Revenues were $1,300,046 and $1,023,315 for the three months ended March 31, 2023 and 2022, respectively, an increase of $276,731 or 27.0%.

Operating Expenses

Operating expenses were $1,225,020 and $948,375 for the three months ended March 31, 2023 and 2022, respectively, an increase of $328,661 or 34.7%.