Replies to post #34961 on Ethema Health Corp (GRST)

[Niceguy1]

It's like any other startup..they have to solve their debt problem by growing their business and eventually paying themselves out of it. Only growth can stop the bleeding and dilution here. That's why I wanted to get from the CEO how they were doing with occupancy % and beds # (they were due to open more beds in September). He should at least provided an outlook for 2H updating what he told us about the run rate and $1.8M revenue.

[Niceguy1]

That would explain the loses to a certain extent (paying the cost but not recognizing the revenue until q3).