Replies to post #48161 on Ethema Health Corp (GRST)

[janetcanada]

GRST - Mr. Shawn Leon Being a Member of one of the Richest Family in Canada with a Good Reputation....... Might have a "GOAL" to Prove Himself in the States with or starting with Ethema Health???.......

***Leon's
https://www.leons.ca › pages › about-leons

***The Company quickly established its reputation for being honest, honorable and caring with special attention paid to standing behind the goods sold.

***https://www.lflgroup.ca/English/home/default.aspx

Major company holdings: Leon’s Furniture
Location: Toronto

Net Worth:
$1.1 billion
Leon family

*** Ethema Health's CEO related to MULTI BILLION DOLLAR LEON business family of Canada.

*****LINK*****
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158769800

*** ARIA Rehab Facility***
https://www.ariafl.com/

***<<We will continue to focus on growth while improving our balance sheet.>>

***The Company growth is real and the elimination of variable rate debt is real.

***Please Read Post #42737 & 42751 Interesting Reply from The CEO....

.https://nz.finance.yahoo.com ›

GRST - https://fb.watch/bN-wNMFvWg/

[Bubae]

Yeah, debt paid with new debt wrapped up in what appears to be an off balance sheet lease deal to disguise the debt. Shawn Leon said that they would pay the June note with 'steadily increasing cash flow' before the nine month maturity. Three forbearance extensions later we have this new debt deal. They continued to borrow every quarter under very expensive terms to limp this thing along each quarter. Can't wait to peruse the 8K.


Ethema Files 8K on Debt Restructure
July 22, 2022 15:09 ET

Mr. Shawn Leon, Company CEO, reported, “We worked collaboratively with one of our long term investors to purchase the expiring notes from Labrys Fund and convert them into a new extended term note. This will enable the Company more time to generate cash flow for repayment of the debt. The Company’s ARIA subsidiary is steadily increasing cash flow and should generate enough to repay the note in full prior to maturity.”