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Friday, 06/09/2023 3:21:11 PM

Friday, June 09, 2023 3:21:11 PM

Post# of 50163
Most BS about the property purchase. Always about what they are going to do in sometime in the future. They have gotten nearly a year out of this property purchase narrative. Everyone has now been strung along for yet another quarter. The next filing will likely not be until the end of August, same as last year.



Ethema Signs Contract to Purchase Property
July 26, 2022 13:05 ET
https://www.globenewswire.com/en/news-release/2022/07/26/2486269/0/en/Ethema-Signs-Contract-to-Purchase-Property.html

has entered into a contract to purchase the property at 950 Evernia Street, West Palm Beach, that its ARIA subsidiary is currently leasing and that is the new address of the Company’s head office

Ethema Reports Second Quarter Results
August 15, 2022 15:00 ET
https://www.globenewswire.com/en/news-release/2022/08/15/2498474/0/en/Ethema-Reports-Second-Quarter-Results.html

The Company previously announced that it has entered into an option to purchase the building at 950 Evernia Street, West Palm Beach. This building is leased by the ARIA subsidiary for its addiction treatment operations. This is expected to be finalized in the third quarter.


Company Signs Purchase and Sale Agreement to Acquire Property and Ends Third Quarter Strong
October 05, 2022 13:07 ET

previously announced that it had entered into an option to purchase the building at 950 Evernia Street, West Palm Beach.

....The Agreement has a closing date of January 31, 2023. ...


Ethema Posts Strong 3rd Quarter Results and SEC Qualifies the Regulation A Form 1A Filing
November 29, 2022 08:00 ET
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

The Company is also set to close on the acquisition of the property leased by its ARIA subsidiary at the end of January 2023.


Ethema Extends Dates for Debt Repayment and Real Estate Closing
March 01, 2023 08:00 ET
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 has also extended the closing on the purchase of the real estate at 950 Evernia Street for a period of 120 days from February 1, 2023 to June 1, 2023. Each successive thirty-day extension will cost the Company an increasing fee amount that would reach a total of $70,000.00 if all extensions are used.


Ethema Posts Strong Year End Results
April 04, 2023 07:55 ET
https://www.globenewswire.com/en/news-release/2023/04/04/2640560/0/en/Ethema-Posts-Strong-Year-End-Results.html

The acquisition of the real property in which Evernia operates in West Palm Beach was deferred for up to four months from the original closing date of February 1, 2023,


Ethema Reports Updates and Extends Forbearance
June 08, 2023 13:50 ET
https://www.globenewswire.com/en/news-release/2023/06/08/2685133/0/en/Ethema-Reports-Updates-and-Extends-Forbearance.html

The Company’s initiative on purchasing the West Palm Beach real estate is also in its final stages and will be part of the expected resolution as part of the senior debt restructuring.

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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