Ethema Health Corp (GRST)

[Bubae]

Looks like Lawrence Hawkins is getting bought out of his 25% stake in the treatment center and where does the money come from. This guy made out like a bandit off of Ethema Health shareholders over the years. The press release is typical Shawn Leon BS. He teases the possibility of investors but no one is going to invest in this mess that is Ethema Health. Like all his press releases parse out what is actually being said. Focus on ...may be amended by the end of June. for the regulation "A" offering and up-list attempt in conjunction with the equity raise. Translation, amended offering from 100 units of their stock priced at $0.12 a share to simply $0.12 a share which is the same thing and will get qualified quickly for that reason. I said this when they amended the regulation "A" offering last year to include the units of 100 language. No uplist possibility without a split. Up next like I have said, look for a 2400:1 reverse split to support the amended offering which will be priced at $0.012 a share. So what is he trying to do with this little promo? Remember my last post about the convertible debt that is due.

Ethema Acquires 25% Minority Stake in ARIA Subsidiary
https://www.streetinsider.com/NewMediaWire/Ethema+Acquires+25%25+Minority+Stake+in+ARIA+Subsidiary/23244310.html#:~:text=WEST%20PALM%20BEACH%2C%20FL%20%2D%20(,it%20did%20not%20already%20own.

The Company’s $5,000,000 Reg A+ offering has not been successful to date and the offering will be withdrawn or amended by the end of June.

The Company may not need to use the Reg A+ offering..🤣.

The Company will be seeking an up-listing to a senior exchange in conjunction with the equity raise.

Bubae
Re: None
Friday, May 17, 2024 2:26:16 AM
Post# 49885 of 49887
https://invhttps://investorshub.advfn.com/boards/read_msg.aspx?message_id=174436874

Some of the new debt below. They have a $250K six month note that matured March 15th and another for $150K that was convertible starting in February. Of course having a convertible note with this share current structure is hopeless. Where does Shawn Leon expect to get all this cash from? He should be at the end of the line after personally guaranteeing the crazy leaseback scheme. This stock is a disaster for existing shareholders in my opinion.