Ethema Health Corp (GRST)

[Bubae]

LOL, the debt Ponzi scheme continues. Except now Shawn must start paying on that debt as a lease payment and not only do they not have the cash flow they have now lost the Canadian property revenue. The good news is that the receivables funding is down to $373, 957 as of June 30th down from $566K at the end of Q1. They needed a new receivables funding deal on June 2nd but I'm sure Shawn has a bit of cash now from the lease deal to keep this debt Ponzi scheme going a bit longer. Where does the cash flow come from when the repacked debt lease payments start? Unless Shawn figures out a way to get new shares into the hands of retail traders he can make those new debt payments. Can't make this stuff up.

Oh my God ... Don't tell me ... You mean that the company has debts ..

For the quarterly period ended June 30, 2023
https://www.otcmarkets.com/filing/html?id=16878947&guid=kvN-kHadOtVaJth

12. Receivables funding
September 26, 2022 Funding...
The Company made weekly cash payments of $6,458 totaling $251,875 on the September 26, 2022 funding. The balance outstanding at June 30, 2023 was $63,125, less unamortized discount of $12,306.

December 13, 2022 Funding
The Company made weekly cash payments of $6,354 totaling $171,563 on the December 13, 2022 funding. The balance outstanding at June 30, 2023 was $128,437, less unamortized discount of $24,723.

February 14, 2023 Funding
The Company made weekly cash payments of $2,970 totaling $56,430 on the February 14, 2023 funding. The balance outstanding at June 30, 2023 was $62,370, less unamortized discount of $17,043.

June 2, 2023 Funding
The Company made weekly cash payments of $4,950 totaling $14,850 on the June 2, 2023 funding. The balance outstanding at June 30, 2023 was $183,150, less unamortized discount of $44,128.