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Wednesday, January 10, 2024 11:41:39 AM
Bubae
Re: None
Sunday, September 03, 2023 7:11:40 PM
Post# 48748 of 49504
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172748883&txt2find=real%2Binvestors
Then there are the secured notes taken out to fund this scheme in the form of options for direct shares of ATHI, the holding company of the treatment center. Nearly all of the original 51% Ethema Health (GRST) purchased in the treatment center is secured by these options. The plan was supposed to pay these note holders with proceeds from the treatment center but as we know there is no cash flow to pay on this debt. The statement about the options in the Q2 2023 filing shows $686K owed to these options holders. Once the principle is paid these holders still retain 50% ownership of the treatment center as defined per their secured shares.
![Bearish](/static/images/ih2-bear.png)
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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