Replies to post #3593 on Ethema Health Corp (GRST)

[stervc]

With Leonite buying 20% of GRST at .10 per share...

Key with Leonite buying 20% of the Outstanding Shares (OS) of GRST at .10 per share is to understand that they are willing to buy such shares at such price because that is the price that they believe will be the new bottom in the future after GRST consummates the huge acquisition in the queue. This is the price that Leonite believes is still considered to be at a significant discount (and not at a premium) to where they can make significant gains on their investment into GRST. This means that Leonite believes that the premium price is way above .10 per share and is yet to come. Doing things this way ensures they don't have to worry about any kind of accusation of market manipulation while the price increases to such levels considering how low the levels are now originating from.

GRST is a fully reporting company that files audited financials with the SEC. Leonite buying 20% of the OS equates to 368,218,049 shares which equates to $36,821,805 for the transaction. One would need to ask him or herself...

Why would a Hedge Fund be willing to pay $36,821,805 for something like this unless they truly had huge confidence in where this is going?

Leonite to Buy 20% GRST OS at .10 per share
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156235520

v/r
Sterling