This company as never turned a profit and won't when Q3 drops in my opinion. That would be the real shocker and catalyst if they can manage even a small positive in net earnings. The story for the next six months however is LABRYS Fun... I mean Fund. LOL
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
ETHEMA HEALTH CORPORATION
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
3. Going concern
...At June 30, 2021 the Company has a working capital deficiency of $11,435,067, including derivative liabilities of $2,775,895 and accumulated deficit of $45,696,098. Management believes that current available resources will not be sufficient to fund the Company’s planned expenditures over the next 12 months....