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Re: pual post# 49731

Sunday, 02/25/2024 11:26:25 AM

Sunday, February 25, 2024 11:26:25 AM

Post# of 49915
Honestly, there are much better bets out there. Anyone who has ever experienced a regulation "A" offering dump knows better than to touch this. Typically the company splits the stock then comes the offering. Not Shawn Leon, he files for the regulation "A" offering in October 2022 and it has hung over this stock ever since. Why do you think there is a promotion risk added under the security details tab for this stock on the OTC website? I don't see anywhere in the description for this symbol that say this stock is a good bet. I have been going after another trash stock that we know is actively running infomercials to move new shares that doesn't even have this symbol attached but it certainly should. That one has zero revenue, zero full time employees and has been heavily promoted into heavy debt conversion activity. Something has triggers that "promotion risk" icon to be added to this stock and it isn't obvious yet, but I believe you all will be finding out what that is soon. My BET is that it won't be good for retail traders of this stock.

Now that the regulation "A" offering has been qualified for the second time last November and pretty much tells everyone what is to come to make it viable. Most traders aren't so stupid since It is worse than handing over shares to a toxic lender these days since the SEC has been going after the toxic share dumps. These regulation "A" shares will be sold at a steep discount to market and Will be immediately tradable.



OTC Website Security Deatils
https://www.otcmarkets.com/stock/GRST/security

https://www.otcmarkets.com/files/OTC_Markets_Group_Policy_on_Stock_Promotion.pdf

Publicly Identify Securities Being Promoted
We are working to publicly identify securities that are the subject of stock promotion by placing a
“promotion” risk flag next to the stock symbol on our websites
, including otcmarkets.com, and our
market data feeds. This promotion flag is designed to provide an alert regarding the potential risks
associated with trading the security. Coming First Quarter 2018.


The SEC is widening its war on toxic funders
Published on August 24, 2021
https://www.linkedin.com/pulse/sec-widening-its-war-toxic-funders-steve-taylor/

...it also increasingly utilized qualified Reg A offerings to acquire free-trading stock which they then dumped into the market without disclosure....

...This was a significant concern, as Reg A shares are immediately free-trading. That makes it much more attractive to many investors compared to restricted securities sold under Reg D exemptions, but it also is definitely more attractive to those looking to make a quick buck by breaking the law. This case demonstrates the SEC may not have been looking hard enough at the Reg A market for fraud, as certain financiers and funders have been scalping stock without disclosure in the filings....

What Toxic Financing Is And How Public Companies Can Avoid It
PUBLISHED
MAR 16, 2023 10:31AM EDT
https://www.nasdaq.com/articles/what-toxic-financing-is-and-how-public-companies-can-avoid-it
Additionally, convertible note issuers with a track record of driving toxic financing deals generally limit the holding period on their notes to six months for SEC-reporting companies. The Securities Act of 1933 requires all unregistered securities acquired directly from the issuer to be held for at least six months, which is why a six-month timeframe is often given as the holding period on toxic debt.

Press Release
Stock Issuers & SEC Taking the Fight to ‘Toxic’ Lenders
by Howard Mulligan August 15, 2023 in Financial Services
Agency bringing actions against convertible noteholders for failing to register as dealers
https://www.corporatecomplianceinsights.com/sec-toxic-lenders/#:~:text=Since%20early%202020%2C%20the%20SEC,required%20by%20the%20Securities%20and

In March 2022, a Florida district court dealt with a defendant that purchased convertible notes of over 100 microcap issuers, converted the notes into shares of stock at massive discounts and then dumped over 17.5 billion shares into the public market, generating over $21.5 million in profits.

In August 2022, the SEC initiated an action for failure to register and then entered into a settlement with a noteholder that, from 2016-2020, purchased approximately 250 convertible notes and profitability sold the converted shares. In the settlement, the defendants agreed to (1) pay disgorgement and prejudgment interest of $8,390,601.27, (2) the entry of a civil penalty of $810,307 and (3) a five-year suspension from acting as a penny-stock dealers.
Bearish
Bearish

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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