Ethema Health Corp (GRST)

[Bubae]

wow, killer day today.😆 One buy for $45 and another taking the time to buy 90 cents worth. Two trades for $45.90 today must be impressing the he77 out of those who might subscribe to that regulation "A" offering. 😃 What is Shawn Leon's plan C if the leaseback debt relief effort fails? He and the misses may have to sign off on another guarantee after hoping traders of this stock would help bail them out from the last deal.

Bubae
Re: None
Monday, August 12, 2024 10:30:08 PM
Post# 50912 of 51158
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174909131

Their ability to continue borrow is running into problems as evidenced by the expensive short term loans taken in Q1. They managed to buy some time in 2023 with the crazy and expensive property purchase, sale, and leaseback scheme which put both Shawn Leon and his spouse Eileen Greene on the hook for a more than $9 million operating lease agreement. There are certain “personal guaranty metrics” under this lease that must be met to relieve them of this personal debt guaranty. Those are detailed below, the largest hurdle appears to be the $5 million of unrestricted cash.