Tuesday, May 14, 2024 1:06:42 PM
What is difficult to believe however (that's my negative 50% basis) is, IF I AM RIGHT and THE ISSUE is the debt (keeping our market value ridiculously low), how come Leon cannot throw in $2,500,000 (to keep the control) and find an (some) investor(s) prepared to chip in $ 2,500,000 stricly to apply the proceeds on reducing the debt by that much. What would the purchased shares become worth instantly following the issue of these shares at $,0012?
From there on, Leon and his partner(s) could RS the shares (create space for future financing) and look for investing in increase capacity thru new financing from both the market (offering a more serious investment ) new borrowing or government funding (grants or other form)
Thereafter, The market would follow thru investing in a much more serious an attractive company, even more likely if the then company could justify getting listed on a better market than the current OTC one.
That sounds simple ($5,000,000 nowadays is peanuts) but somehow Leon doesn't seem to be able to do it ... Why?
I believe GRST has a great operaion to grow from and the issue is capitalisation. Why is it so difficult to get some? What is it I don't get (and Bubae don't feel required to repeat your BS ad nauseam answering this post).
Leon: producing quaterly finance reports is really great but communicating somewhat with your shareholders, now and the, would definitely give some credibility to the company (accepting one on one conversation with individual shareholders is nice but not the way to great credibility.
Patiently,
Roger
Recent GRST News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/31/2024 08:27:28 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 05/07/2024 08:16:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/07/2024 09:45:09 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 12/22/2023 09:54:23 PM
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