Ethema Health Corp (GRST)

[Bubae]

Every quarter it is the same rhetoric yet they never do what they say they will do. They simply placate shareholders until he next quarter. Below is the Globe News Wire history of press releases for Ethema Health. You won't find a single, of the many, letters of intent that was executed. If you think maybe you found one, let me know and I will show you what really happened. Every quarter everything is delayed, fades off, something new to tease shareholders along for another quarter, Yada, Yada, Yada. ALL total BS. I'm beginning to think that the regulation "A" offering of eight months is BS. But if it is, this company is done in my opinion.


Globe News Wire Press Release History
https://www.globenewswire.com/en/search/organization/Ethema%2520Health%2520Corporation?page=1&pageSize=10


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

Mr. Shawn Leon, Company CEO, reported,...

We have set our sights on further expansion and hope to announce new LOIs on the acquisition of new beds and facilities in the third quarter.


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

Mr. Shawn Leon, Company CEO, reported...

...We have also attempted to secure additional growth and expansion outside of the ARIA property, but neither of the opportunities the Company was working on in the third quarter were won by the Company and went to other bidders. We will continue to pursue similar opportunities to expand...



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

The Company has begun due diligence on a potential acquisition expected to close in late January. Due to confidentiality agreements the Company is prohibited from disclosing the name of the potential target. The targeted acquisition cost is approximately $3.8 million. 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 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.



Ethema Reports Updates and Extends Forbearance
June 08, 2023 13:50 ET

These two initiatives have delayed both the start of the Reg A+ capital raise and the completion of the acquisition. All of these initiatives are interdependent on each other, and it is expected that they will be resolved by June 30, 2023.