Replies to post #37290 on Ethema Health Corp (GRST)

[cybermich]

You're right.. the chances are they wouldn't be trading on the OTC:)

I could give you examples of 1. A company that got rid of their toxic debt, and they have "potential" of making millions but aren't yet:)

in fact, I could give another example, very little debt/no dilution and "potential"..

for GRST to have real revenue.. and be working on eliminating debt.. (most important is the toxic debt).. they are positioned to make shareholders a LOT of money if they can get both sides of the equation..

but then again, WHEN we get there.. we will be trading a LOT higher:)

These stocks are trading at subpenny for a reason:).. but there are many examples where a company has risen from the "ashes" and put a lot of greenbacks into shareholders pockets.

Anyone who says otherwise probably has not experienced it for themselves.

Enough said.

[Bubae]

Revenue, gross billings... read the FAQ page. The fact is the had less than 100K in revenue for the last quarter and over $2 million in posted losses. an increase of only $14K year over year. Ridiculous considering the capital burned over that time. Current liabilities increase by $650K to over $19 million Q2 alone despite over 338 million new shares being issued.

Ethema FAQ page
https://ethema.wpengine.com/?page_id=683

Revenues

Revenues were $96,158 and $82,301 for the three months ended June 30, 2021 and 2020, respectively, an increase of $13,857 or 16.8%, this included the rental escalation as per the agreement and a deterioration in the currency exchange rate against the Canadian Dollar over the prior period.

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

Net (loss) Income

"Net loss was $(2,626,438) and net income was $9,039,879 for the three months ended June 30, 2021 and 2020, respectively, a decrease of $11,666,317 or 129.1%, is primarily due to the gain realized on debt extinguishment in the prior period, offset by the movement in derivative liabilities during the current period as discussed above."

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

Total liabilities $19,105,744 June 31, 2021 18,448,565 Dec 30, 2020
Total assets $4,193,033
Revenues were $96,158 three months ended June 30, 2021
Net loss was $(2,626,438) for the three months ended June 30, 2021

[loanshark007]

Revenue means nothing here. Let's talk net profit and liabilities shall we?
Have you even looked at the financials?