Ethema Health Corp (GRST)

[Bubae]

Yeah, Shawn Leon has a pretty good gig going there with the property leases. He will be getting a percentage of each lease detailed in the January 23rd 8K filing. See, he will make money even as Ethema Health borrows and bleeds cash because those leases will be paid as expenses. Nice pass through to his own bank account if he can get back to selling shares of this trash heap of a company that he has managed to load up with debt. He isn't a crook. The SEC could not care less if he scams you all as long as he files the appropriate paper work. 🤣 I really can't wait to see that Q1 filing. The annual will be informative but the Q1 should be packed full of new material.

https://www.sec.gov/ix?doc=/Archives/edgar/data/792935/000190359625000048/grst_8k.htm

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:

ARIA Kentucky executed a lease with ERC Investments LLC for the property at 425 Clinic Drive, Morehead, KY (the “425 Clinic Lease”) for a term of five years at the rate of $312,000.00 per year escalating 1.5% annually for a total obligation of $1,607,507.28. The lease is effective January 1, 2025.

ARIA Kentucky executed a lease with ERC Investments LLC for the property at 445 Clinic Drive, Morehead, KY (the “445 Clinic Lease”) for a term of five years at the rate of $120,000.00 per year escalating 1.5% annually for a total obligation of $618,272.03. The lease is effective January 1, 2025.

ARIA Kentucky executed a lease with ERC Investments LLC for the property at 1111 US 60, Morehead, KY (the “1111 US 60 Lease”) for a term of five years at the rate of $480,000.00 per year escalating 1.5% annually for a total obligation of $2,473,088.12. The lease is effective January 1, 2025.

ARIA Kentucky executed a lease with New Journey LLC for the property at 189 Edgewater Road, Morehead, KY (the “189 Edgewater Lease”) for a term of five years at the rate of $96,000.00 per year escalating 1.5% annually for a total obligation of $494,617.62. The lease is effective January 1, 2025.

ARIA Kentucky executed a lease with New Journey LLC for the property at 795 Cranston Road, Morehead, KY (the “795 Cranston Lease”) for a term of five years at the rate of $96,000.00 per year escalating 1.5% annually for a total obligation of $494,617.62. The lease is effective January 1, 2025.

ARIA Kentucky executed a lease with New Journey LLC for the property at 2180 US 60, Morehead, KY (the “2180 US 60 Lease”) for a term of five years at the rate of $36,000.00 per year escalating 1.5% annually for a total obligation of $185,481.61. The lease is effective January 1, 2025.

ARIA Kentucky executed a lease with New Journey LLC for the property at 721 White Street, Morehead, KY (the “721 White Lease”) for a term of five years at the rate of $30,000.00 per year escalating 1.5% annually for a total obligation of $154,568.01. The lease is effective January 1, 2025.

ARIA Kentucky executed a lease with JDE Properties LLC for the property at 166 Maple Drive, Morehead, KY (the “166 Maple Lease”) for a term of five years at the rate of $60,000.00 per year escalating 1.5% annually for a total obligation of $309,136.02. The lease is effective January 1, 2025.

ARIA Kentucky executed a lease with JDE Properties LLC for the property at 214 Jackson Drive, Morehead, KY (the “214 Jackson Lease”) for a term of five years at the rate of $30,000.00 per year escalating 1.5% annually for a total obligation of $154,568.01. The lease is effective January 1, 202five.

ARIA Kentucky executed a lease with JDE Properties LLC for the property at 1135 Rodburn Hollow Drive, Morehead, KY (the “1135 Rodburn Hollow Lease”) for a term of five years at the rate of $30,000.00 per year escalating 1.5% annually for a total obligation of $154,568.01. The lease is effective January 1, 2025

In addition, on January 9, 2025, ARIA Kentucky executed an assignment of lease for the property at 154 S Owens Road, Morehead, KY (the “154 S Owens Lease”) with MAT Properties LLC, a third party not owned by BH properties or otherwise affiliated with the Company’s CEO, to assign a lease between Edgewater Recovery Center LLC and MAT Properties LLC for a term of three years at the rate of $180,000.00 per year for a total obligation of $540,000.00. The lease is effective January 1, 2025.

On January 9, 2025, ARIA Kentucky also executed a lease with Trent Developments, LLC, a third party not owned by BH properties or otherwise affiliated with the Company’s CEO, for the property at 141, 141.5 and 143 East Main Street, Morehead, KY (the “141 Main Lease”) for a term of five years at the rate of $138,000 per year escalating 1.5% annually after the second year for a total obligation of $702,544.67. The lease is effective January 1, 2025.