We all know what happend in the past and why GRST is trading at 0.002. But yet the ceo is taking all the right steps to bring GRST back to where it should be.
And yes they need to dilute for that, but at this point, for every dollar diluted you get 2 dollar back as an investor. Not bad I would say.
If all would have gone by the book noone would be able to buy GRST at a 6mil mc. We should be trading at 50-100mil mc. A place where we soon will be again... 5 years later, as expected, but it will come.
Remember.. GRST 6mil mc for a company expecting a 1.2 to 1.5 million income per quarter... AND owning a 10,000,000 dollar property in Canada.
Do your own DD.
The Greenestone Muskoka Treatment Facility is located in Bala, Ontario at 3571 Highway 169. The property is 43 acres in size and contains approximately 48,000 square feet of buildings. The property is owned by Ethema’s wholly owned Canadian subsidiary CCH and has been leased to the new owner of the Muskoka Clinic for a term of five years, which ends on February 28, 2022.
The Lease gives the tenant an option to extend for three additional five (5) year terms, an option to purchase the property at any time for a purchase price of $7,000,000 in the first thirty six (36) months of the term and thereafter at a purchase price increased by $1,500,000 for each successive year up to a maximum of $10,000,000, and a right of first refusal in the event of a sale to a third party.
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