Ethema Health Corp (GRST)

[Bubae]

It should be easier with their 'independent registered public accounting firm' resigning in July after only being employed for less than three months in its newly formed business entity. I have to wonder if it had anything to do with how the balance sheet will be structured after the crazy off balance sheet finance lease deal arrangement. They now don't need to report the liability as debt but there is a requirement to report the off balance sheet liability in the notes. This quarter's filing will also flesh out the rest of that expensive finance lease deal that paid off Leonite's death hold.


Form 8K July 14, 2023
https://www.otcmarkets.com/filing/html?id=16796252&guid=ckJ-kWUD04t3dth

On July 14, 2023, the Audit Committee of Ethema Health (the “Company”) was notified by CohnReznick LLP (“CohnReznick”), the Company’s independent registered public accounting firm, of its decision to resign as the independent registered public accounting firm of the Company effective upon the filing of the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2023.

The Company engaged CohnReznick as its independent registered public accounting firm on April 28, 2023 (the “Engagement Date”), following the completion of a business combination agreement with CohnReznick and Daszkal Bolton LLP (“Daszkal”). Daszkal had served as the Company’s auditor since 2018.