Ethema Health Corp (GRST)

[tigerpac]

The detox business is breakeven at best these days. Look at the NOP for past two years.

As stated before, the company is really in the business of finding undervalued properties, purchasing them, and immediately selling them to a third party and leasing them back. This is how they generate cash in order to pay Shawn his management fees and related/unrelated professional fees and expenses for the underlying business. Unless Shawn keeps finding new properties to buy and sell, cash has to come from somewhere, either the Leon family or from offerings.

All the other shenanigans are diversions to help prop up the share price . We know there is a minimum 745 million share overhang related to a Warrant Exchange Agreement that can be exercised several years down the road. Unless they swap it out yet again.