Ethema Health Corp (GRST)

[Bubae]

One thing if for certain you won't hear much good about this company based on any facts from you longs and you are unable debate the content of my posts.. 😆 Just more complaints about someone posting the facts from the company's own print. Ethema Health's defaulted debt needed to be bailed out by the Leons personal guarantee last year. That deal turned a $2.3 million of mostly defaulted debt into an immediate lease liability of more than nine million. We shall see if Shawn Leon can get another bail out package together with another property purchase, sale, leaseback deal.

This is a borrowing Ponzi scheme and like all Ponzi schemes they fail when they can bring new borrowed cash into the game to pay off the old. The replacement debt gets ever more expensive because of the risk. Be specific about so called predictions? Is that the best you can do? Here is a prediction, if Shawn Leon splits the stock and sells what he can from a regulation "A" offering this will go down in a hurry post split because traders aren't buying into this muti-year losing business model. They may find new debt to refinance the old but without the new unencumbered cash flow from from an offering they won't pay down the debt. If they can't pay down the debt these insiders holding more than $5 million of the debt will own nothing.

The press release below misstates the 2023 leaseback deal as that of 2024. If Shawn Leon can't pull off that new new leaseback deal attempt there will be no Edgewtaer acquisition from what I see because the regulation "A" offering has failed once gain to attract investors. Video and post linked below where Shawn Leon states the intended use of the offering. This failure to attract subscribers to the offering tells you how bad the stock is. That offering is now two years old.

I don't expect to hear anything good about our ceo, all the predictions u made, none has become true.

Ethema signs LOI to purchase Edgewater Recovery Center LLC
NEWS PROVIDED BY Ethema Health Corporation
Jul 12, 2024, 17:19 ET
The real estate as part of the assets being purchased will allow Ethema to pursue a sale-leaseback transaction similar to the one completed in August 2024 on its West Palm Beach property. This strategy could generate healthy working capital for the Company without raising new equity. This strategy will not be deployed initially as there is sufficient financing available to the Company to complete the purchase.

Bubae
Re: janetcanada post# 50687
Monday, July 22, 2024 6:56:21 PM
Post# 50695 of 51312
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174792460

Go to 11:20 in the July 18th podcast and hear Shawn Leon detail the intended use of the offering. $500K for Boca and another $1 million to help this new Kentucky situation. Now understand the offering doesn't come until they split the living crap out of this this thing to get the share structure right so they can once again dilute the living crap out of it again.