So why not provide the link to both Microcap Daily articles one year apart? New traders should realize that this isn't a new story and it was actually much better last year. Ethema's relationship with ARIA goes back to 2017. Last year at the previous West Palm Beach facility they boasted about 174 beds, Bragging about the COVID Clear LOI, Just restructured the debt. This year the COVID Clear deal is unobtainable until they clear this debt, they have 40 beds, 10 in development at the latest leased facility and the debt restructuring described in the December 2020 8K is now being converted into the foreseeable future. It is a bit disingenuous to not provide that perspective.
So why not provide the link to both Microcap Daily articles one year apart? New traders should realize that this isn't a new story and it was actually much better last year. Ethema's relationship with ARIA goes back to 2017. Last year at the previous West Palm Beach facility they boasted about 174 beds, Bragging about the COVID Clear LOI, Just restructured the debt. This year the COVID Clear deal is unobtainable until they clear this debt, they have 40 beds, 10 in development at the latest leased kWest Palm Beach facility and the debt restructuring described in the December 2020 8K is now being converted into the foreseeable future. It is a bit disingenuous to not provide that perspective. What is the deal with another West Palm Beach facility? Could they not pick a more expensive county in Florida to operate in?
GRST - Going Forward.... Shawn Leon seem to be very Confident!!!.....
<<Mr. Shawn Leon, Company CEO, reported, “We are extremely pleased with all of the success our team has had in Florida. We faced challenges and have met them all head on with success each time. We are in the middle of an extremely exciting development in West Palm Beach and well-positioned to continue our efforts to eliminate debt while building shareholder value. We look forward to our future quarterly reports showing vast improvements to the balance sheet and income statement.”>>
*** SHAWN LEON HAS GOOD CREDENTIALS And Impressive Background!....
Shawn E. Leon, 59 President, Chief Executive Officer, CFO & Director, Ethema Health Corp. Shawn E. Leon is a Canadian businessperson who has been at the helm of 7 different companies. Presently, he is President, Chief Executive Officer, CFO & Director at Ethema Health Corp., President of Greenestone Clinic Muskoka Inc (a subsidiary of Ethema Health Corp.) and President for Leon Developments Ltd. Mr. Leon is also on the board of Sparta Capital Ltd.
In the past Mr. Leon held the position of President at Port Carling Inn Developments Ltd., President of Locks Developments Ltd., President at JLeon Developments Ltd. and President of 1816191 Ontario Ltd.
Shawn E. Leon received an undergraduate degree from Wilfrid Laurier University.
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