Ethema Health Corp (GRST)

[pual]

At the opposite to your continuous negative prediction, let's 'imagine' something Leon could propose to his creditors. That as your predictions is just imagination since none of us knows what is going on behind the scene.

If by miracle the debt was to just go away, capitalization would become around $64,000,000 using a conservative multiplier of 12
Assume that Leon could convince his creditors to erase the debt in return for up to 7,000,000,000 new shares.
Then the credtors would have an immediate $45,000,000 asset (7,000,000,000 shares worth12 x $8,000,000 divided by 10,000,000,000 O/S) to replace their loans and ongoing exposure to a total loss or almost if Leon shut down over night or declare bancrupcy.

Then R\S could be done and normal borrowing to expand the business could become possible.

Starting with shares at $0,0045 (before r\s) or so for a company with no debt and a good business plan would then be a pretty interesting investment for all, creditors in particular.

May sound foolish but in theory, the creditors could go for it instead of recuperating less than more or less 30% of their ongoing exposure.