Ethema Health Corp (GRST)

[tigerpac]

Governments pay but they pay VERY slowly. My neighbor owns a halfway house facility for years. Expected by government to upgrade quickly to their standards, yet payments for rent have slowed down from 120 days to now almost a year over the last eight years. Everytime federal government threatens to shut down, the rent and other essential payments gets delayed 30-60 days, and then it takes another 60-90 days to get it back to the prior schedule.

As I said earlier, I think Etherma’s business plan is really buying property and executing a sales/leaseback transaction where Shawn can pull out the maximum cash upfront for himself.