Ethema Health Corp (GRST)

[Bubae]

Wow, only six million shares on the bid at $0.0003. Looks like Shawn Leon's game of wait and borrow has run its course. That regulation "A" offering is a year and a half old now and I doubt the split will serve them up much at this point. Most are on to their game. Normally people would be buying for the latest press release declaring the best year for the company EVER! While it fails to attract much interest at $0.0003. 🤣 No annual? Are they finally BK?

A sample of Shawn Leon's press releases below. Q2 2023 was "...ARIA’s highest quarterly profit to date..." yet while the revenue number increased by 37.7% the bottom line operating income decreased by 37.9 percent YOY. That operating income for the quarter was only $32K which is but a pittance for this very expensive business model. Is Shawn Leon's fictional tale of success for years finally been laid bare? Where is that annual?

Ethema Executes Two Real Estate Transactions and Major Debt Repayment
July 17, 2023 09:34 ET
https://www.globenewswire.com/en/news-release/2023/07/17/2705721/0/en/Ethema-Executes-Two-Real-Estate-Transactions-and-Major-Debt-Repayment.html

The Company further reports that its ARIA subsidiary’s extremely strong results in April and May continued in June and overall revenue for the ARIA subsidiary will be approximately $1,450,000 for the quarter, which will result in ARIA’s highest quarterly profit to date. The second quarter results will be released before August 14, 2023.

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

Revenues
Revenues were $1,565,959 and $1,138,032 for the three months ended June 30, 2023 and 2022, respectively, an increase of $427,927 or 37.6%.

Operating Expenses
Operating expenses were $1,533,813 and $1,086,270 for the three months ended June 30, 2023 and 2022, respectively, an increase of $447,543 or 41.2%.

Operating income
Operating income was $32,146 and $51,762 for the three months ended June 30, 2023 and 2022, respectively, a decrease of $19,616 or 37.9%.