Replies to post #47083 on Ethema Health Corp (GRST)

[Bubae]

Actually the company started putting the debt back on in 2022 after they converted more than 1.5 billion shares in 2021. That is how it got pushed into the trip at the beginning of 2022. They have taken the debt that matured in 2022 and doubled it with the new notes that are now drawing penalties and interest of 24%. They have no choice because traders aren't buying the story anymore so the company isn't able to sell the stock. Littyle tricks like hiding the "Security and Pledge Agreement" doesn't help

GRST - Which means that Mr. Shawn Leon is working to Reduce the Debt Since 2022!....

For the quarterly period ended June 30, 2022
https://sec.report/Document/0001903596-22-000529/

Leonite Fund I, LP

Effective June 1, 2022, The Company entered into a Note Exchange Agreement whereby

..., were exchanged for a new Senior Secured Convertible Promissory note in the principal amount of $745,375,... .

...The Note matures on March 1, 2023, and bears interest at the minimum of 10% per annum or the Wall Street Journal quoted prime rate plus 5.75%.

The convertible note is secured by all of the assets of Ethema Health Corporation and Addiction Recovery Institute of America, LLC.

June Leonite Note 8K
https://sec.report/Document/0001903596-22-000464/

...The obligations of the Borrower under this Note are secured pursuant to the terms of the security and pledge agreement (The "Security and Pledge Agreement" and collectively the Purchase Agreement, the "Related Documents"...