PRESIDENT, CHIEF EXECUTIVE OFFICER, CFO & DIRECTOR Shawn E. Leon is a Canadian businessperson who has been the head of 8 different companies. Presently, he holds the position of President, Chief Executive Officer, CFO & Director at Ethema Health Corp. Mr. Leon is also on the board of Sparta Capital Ltd.
In the past he was President of Leon Developments Ltd., President for Port Carling Inn Developments Ltd., President for Locks Developments Ltd., President at JLeon Developments Ltd., President at 1816191 Ontario Ltd., President of 1816191 Ontario Ltd. and President of Greenestone Clinic Muskoka Inc.
Shawn E. Leon received an undergraduate degree from Wilfrid Laurier University.
Canada's Richest People: The Leon familyhttps://archive.canadianbusiness.com › richest-people leon family from archive.canadianbusiness.com The Leon family ranks #95 on the 2018 Canadian Business ranking of Canada's
LOL, let's add up all the things that they are going to pay for with cash flow. They continue to borrow each quarter to make ends meet and the debt grows. They are now securing new debt with future earnings. They aren't going to borrow their way out of this mess and it was very dumb to let it get to this point without corrective action. See that $2600 in operating income for the first six months of the year? The earnings from the Canadian property is much better than the treatment center but the mortgage on that matured in July. Did they get that refinanced? This market is getting worse, not better, in terms of raising capital.
The company has a mortgage loan as disclosed in note 12 above. The mortgage loan matured on July 19, 2022 and the Company currently owes $3,742,455. The terms of the loan are currently being negotiated.
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