Ethema Health Corp (GRST)

[Bubae]

They continue to borrow for 2024 to keep it going. Have to wonder where Shawn Leon was planning to get the cash to pay that four month note dated November 15th 2023. The maturity date was extended to April 15th 2024 and no mention of its disposition in the subsequent events section of the filing. Will he ever get that regulation "A" offering off the ground? They can't convert debt because their shares are practically worthless and they continue to burn cash. What to do 🤔


For the fiscal year ended: December 31, 2023
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000792935/000190359624000279/grst_10k.htm

Page F-20
Mirage Realty, LLC

On November 15, 2023, the Company, entered into a senior secured promissory note in the aggregate principal amount of $250,000 for net proceeds of $223,500 after an original issue discount and fees of $26,500. The note earns interest at 10% per annum and originally matured on March 15, 2024. The maturity date was extended to April 15, 2024, with no change to the terms of the note or any additional consideration paid to the noteholder.