Ethema Health Corp (GRST)

[Bubae]

There are two banks dubbed the "lenders" in the 8K that need to sign off on the deal and you can bet that the Justice Department will have a say since they could seize the assets for the judgement penalties. Shawn Leon has a serious short term cash flow problem again and he is trying to keep the borrowing Ponzi scheme going from what I see. The push to promote the regulation "A" offering in June failed and according to the July podcast linked in post # 50641 below he was counting on those proceeds for the Boca and Edgewater operations. He may need to take whatever he can from the split and offering soon.

July 8K
https://www.otcmarkets.com/filing/html?id=17679613&guid=tPL-kH--xIzKJth

Bubae
Re: declaes post# 50637
Friday, July 19, 2024 9:09:30 AM
Post# 50641 of 51247
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174777669&txt2find=proceeds%2Bpodcast

Go to 11:20 into the podcast where Shawn Leon starts talking about the use of proceeds from the offering. We see $500K to support the operations at Boca and another $1 million to support the operations in Kentucky.