Replies to post #3610 on Ethema Health Corp (GRST)

[bigstocksnbonds]

Great post and info thanks!!!

Additional info—

GRST - Ethema Health Corporation
Other OTC - Other OTC Delayed Price. Currency in USD
Ethema Health Corporation

810 Andrews Avenue
Delray Beach, FL 33483
United States
561-450-7679
http://ethemahealth.com
Sector:Healthcare
Industry: Medical Care Facilities
Full Time Employees: 20

Key Executives

Name Title Pay Exercised Year Born
Mr. Shawn E. Leon Chairman, CEO, Pres & CFO 182.43k N/A 1959
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
Description

Ethema Health Corporation, together with its subsidiaries, operates substance abuse treatment center. It operates Addiction Recovery Institute of America in West Palm Beach, Florida. The company was formerly known as GreeneStone Healthcare Corporation and changed its name to Ethema Health Corporation in April 2017. Ethema Health Corporation is based in Delray Beach, Florida.

[~ Blue ~]

This one is going to see .005++ maybe tomorrow

[LoveNevaHate]

Well that was seven years ago. I wonder if addiction treatment has increased since then? $GRST has so much going on it's hard to put it all in one PR.

[JPS02]

From this interview, the GRST CEO seems to be knowledgeable of the addiction treatment business and its bed valuation principles, earnings ratios and cost management strategies.

Thanks Stervc for highlighting the 8:00 minute mark of the interview.

i) Notice how the CEO indicates that private equity firms bought up addiction treatment facilities between 2006 and 2008.

Combine this thought with the:

ii) $1 million bed valuation that the CEO indicates and that you used in your previous post below:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156303955

iii) 6/12/20 PR which indicated that Leonite can buy 20% GRST OS at .10 per share that you present in your post below:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156235520

Based on the thoughts presented above, I think it is plausible to conclude that the addiction treatment business that GRST pursuing is a profitable/lucrative business and this is may be why they have been able to renegotiate with the creditors and hence Leonite's involvement as an investment firm.

Go GRST!

[proftstocksny2]

But that interview was from 2013. Is that being acquired now?

[stervc]

GRST CEO Interview Confirming $100+ Million...

All should first read this post below:

GRST $168 Million per Evernia Health Center Confirmed
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158507610

Then all should listen to the CEO of GRST interview, but pay particular attention to what he says at around the 8:00 minute mark:

https://www.youtube.com/watch?v=mnwYaX2Lr_U

v/r
Sterling