Yeah, your "MR. Shawn Leon" is a real peach. Lets not forget that he created a separate company for the Kentucky properties and now is both tenant and landlord. That would be fantastic would it not. 😆 The only problem is that Shawn Leon still hasn't been able to conjure up the new reg A offering with subscribers for this cash burning story so the reverse split filed in January goes wanting. 🤭 Without the cash from the offering the Leon's went from being in Ka KA to very deep KA KA. 🤣 Can't wait to see what the defaulted debt is now costing them in the Q1. The annual will be telling but the Q1 should be a riot. We know this because Shawn Leons loves to promote the revenue numbers in the press releases before the filing to only to find out that the operation continues to be seriously cash flow negative. This time teh annual id late AGAIN and crickets. Nothing NADA. 🤔 As a side note Janet. I do not need ANY credibility. I quote from the press releases and the filings. They speak for themselves.
On January 9, 2025, in connection with the consummation of the acquisition of the assets of Edgewater Recovery Centers, LLC (“ECI”) described under Item 2.01 below of this Current Report on Form 8-K by ARIA Kentucky, LLC (“ARIA Kentucky”), a wholly owned subsidiary of Ethema Health Corporation (the “Company”), pursuant to the Asset Purchase Agreement, dated October 22, 2024 (the “APA”), by and among ECI, its sole member John David Elam (the “Seller”) and ARIA Kentucky, ARIA Kentucky entered into the following leases with certain subsidiaries of BH Properties Fund, LLC (“BH Properties”), a fund controlled by the CEO of the Company, Shawn Leon, a related party:
With the full court press promotions since June you would have thought Shawn Leon gave you all more to use than an copy and paste complaint. Looks like Shawn Leon identified an opportunity for himself and the real investors with the acquisition of the property. How nice it is to be both landlord, manager and tenant. Pretty much a guaranteed investment don't you think? Looks like Shawn Leon had no trouble finding investors for that deal. 😆Unlike the deal described in the August 7th press release it looks like Shawn Leon has created yet another potential revenue stream for himself.
Bearish
Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..