Replies to post #35634 on Ethema Health Corp (GRST)

[Niceguy1]

Job cirticism is nothing personal criticism ...let's not confuse the two. You either do your job well or you don't..nothing personal in that at all.
And those of us longs that have invested here for the medium to long term have every right to question the CEO when he doesn't live up to his own word (ie, FAQ...where's the new website, where's the more frequent communication??)

[Bubae]

Some facts behind those share numbers held by the Leons. Ethan Leon received 100 million shares for $25K or .00025 a share. The only form 4 for the CEO indicates 80 million shares at the end of 2018. There is a lot of money owed to the Leons per the last quarterly filing and it grows every period. You don't see them taking stock for these funds.

https://sec.report/Document/0001721868-21-000524/

14. Related party transactions

Shawn E. Leon

As of June 30, 2021 and December 31, 2020 the Company had a payable to Shawn Leon of $373,231 and $322,744, respectively. Mr. Leon is a director and CEO of the Company. The balances payable are non-interest bearing and has no fixed repayment terms.

Due to the current financial position of the Group, Mr. Leon forfeited the management fees due to him for the three and six months ended June 30, 2021 and for the year ended December 31, 2020.

Leon Developments, Ltd.

As of June 30, 2021 and December 31, 2020, the Company owed Leon Developments, Ltd. $966,538 and $930,307, respectively, for funds advanced to the Company.

Eileen Greene

As of June 30, 2021 and December 31, 2020, the Company owed Eileen Greene, the spouse of our CEO, Shawn Leon, $1,532,284 and $1,558,798, respectively. The amount owing to Ms. Greene is non-interest bearing and has no fixed repayment terms.



All related party transactions occur in the normal course of operations and in terms of agreements entered into between the parties.

Shawn Leon form 4
https://sec.report/Document/0001721868-18-000742/

10K
https://sec.report/Document/0001721868-21-000220/


"On June 1, 2020, the Company issued 100,000,000 shares to Ethan Leon, the son of our CEO in settlement of $25,000 of advances made to the Company by Eileen Greene and assigned to Ethan Leon,"

"During December 2020, the Company issued 4,000,000 Series A Preferred shares at par value of $0.01 per share to Eileen Greene, the spouse of our CEO, in settlement of $40,000 of advances made to the Company."