Ethema Health Corp (GRST)

[declaes]

O man, the same story again. Why should we read it again while it has been proved misinformation (false) over 20 times.

So again...

Setting the Record Straight (Again) on GRST, the Reg A Offering, and Reverse Split Claims

Let’s address this poster’s recycled narrative — again — with actual facts:

1. The Regulation A offering is OFF the table. Period.
Yes, the company initially filed a Reg A offering in 2024. It was part of a capital raise strategy that didn’t materialize, and Mr. Leon has confirmed directly that the Reg A is no longer being pursued. This is not speculation — it’s a direct statement. Repeating outdated info doesn’t make it true.

2. Mr. Leon purchased 53% of the outstanding shares — that’s a FACT, not a red flag.
When outside capital didn’t come in, he stepped in and put his own money on the line. That’s not a “Ponzi” move — that’s ownership, commitment, and skin in the game. He didn’t dump shares, he accumulated them.

3. The reverse split (RS) is NOT about dilution.
This is a key point: GRST has not done a reverse split in over 20 years, and this move is being considered solely to enable a move to a higher exchange — not to dilute shareholders indiscriminately.
In fact, the RS can position the company for greater institutional investment and make debt repayment more efficient — not to “keep the Ponzi going,” as falsely claimed.

4. Debt = Friendly, Not Toxic.
The so-called "$5M in preferred shares” is not some sinister vehicle. These are disclosed and categorized as friendly debt from insiders and long-term advisors — not vulture funds looking to flip toxic notes. There is no death-spiral lending structure here.

5. Promotion ? Deception.
Yes, GRST promoted the Reg A opportunity earlier in 2024, including through interviews and media content. That’s what companies seeking growth capital do. The use of proceeds was transparently disclosed — and when the Reg A didn’t go through, GRST pivoted. That’s not deception — that’s adaptation.

So let’s cut through the noise.

This poster is not offering new insights. He’s looping old, publicly known facts with dramatic language and conspiracy-laced spins. The Markowski podcast may have had production flaws — but that doesn’t invalidate the company’s strategy or filings. Nor does it justify calling a small-cap recovery company a “Ponzi scheme.” That crosses the line from criticism to deliberate misrepresentation.

Anyone who actually reads the filings knows where GRST stands — and where it’s heading.