Ethema Health Corp (GRST)

[Bubae]

These posts sound nothing like the gibberish that you have been posting here for several years declaes. A curious development for sure.

Concerning point #1. Shawn Leon spent a bundle promoting the failed reg A offering because the plan was stupid. He priced the offering at $0.0012 without splitting the stock. Instead he spends a bundle promoting the two acquisitions that were previous failures and essentially handed over for nothing hoping that the narrative would sell the shares. NOW he starts 2025 by filing the reverse split in January. Should have done it last year before the defaulted debt grew to where it is now. Maybe the promotion would have been worth paying for. 🙄 Stupid is as stupid does.

The May 2024 press release stated that “the offering will be withdrawn or amended by the end of June.” The company did neither amend the offering or formally withdraw the offering which is normally done with a 1-Z filing. No public comments or and documented comments otherwise that the offering was withdrawn. Where is this so called direct statement form Shawn Leon that the offering was no longer being pursued.? I have never seen it and unlike you I read the press releases and the filings. The offering was good for 12 months which ended November 2024. Makes no difference, they can simply refile it and will likely get it qualified within two weeks. Why do you think that they filed the reverse split in January? Just to have a smaller share count? You need more than a higher price to qualify for an up-list attempt to a major exchange. You also need a much larger reverse split than teh one filed in January.

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 Repeating outdated info doesn’t make it true.

Ethema Acquires 25% Minority Stake in ARIA Subsidiary
May. 17, 2024 9:49 AM ET
https://www.newmediawire.com/news/ethema-acquires-25-minority-stake-in-aria-subsidiary-7075017
The Company’s $5,000,000 Reg A+ offering has not been successful to date and the offering will be withdrawn or amended by the end of June. The Company strongly believes that the value of the offering is very good and even better given that these steps are now coming to fruition.

For the quarterly period ended March 31, 2024
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000792935/000190359624000371/grst_10q.htm

Operating Expenses
Professional fees were $150,550 and $111,204 for the three months ended March 31, 2024 and 2023, respectively, an increase of $39,346 or 35.4%. The increase is due to additional fees incurred on regulation A fund raising during the current period.