GRST - Shawn Leon is Feeling Confident Going Forward....
Shawn Leon has Good Credential and Impressive Back-Ground!!!......
Are your Credential better than the ones Shawn Leon has???....
<<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.”>>
*** - $42 Billion U.S. Addiction Rehab Industry Poised for Growth ...https://blog.marketresearch.com › 42-billion-u.s.-addict... Feb 5, 2020 — Drug and alcohol addiction rehab in the United States is big business — worth $42 billion this year.
As long as traders will buy the story and the shares they can continue to operate no matter the losses and debt in my opinion. They have been doing it with this very same entity by moving it around to different locations and suggesting that it is a new story for years.
The reverse split can easily reset the share structure issue. I'm seeing as many as 85 million on the bid last week at .0008. They have been taking it down and in a very controlled manner and managed to get this huge bid builds to dump into for months. So if the bid wall isn't simply a manipulative tool the company should go ahead and convert as much as possible before correcting it with a larger reverse split. In my opinion of course.
An interesting observation the last time this went to .0001 and stayed there for four months until the current recycled story could gain traction is this. The Q1 2020 period started with only around 155 million outstanding shares and ended with 1.5 billion outstanding shares dropping the price to .0001. I'm thinking that reverse split was pretty much off the table at that time. Imagine how unhappy traders would have been with a reverse split after the company dropped an additional 1.4 billion new shares in a single quarter.
"The Company has authorized 10,000,000,000 shares with a par value of $0.01 per share. The company has issued and outstanding common shares of 1,577,862,975 and 155,483,897 as of March 31, 2020 and December 31, 2019, respectively."
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