Replies to post #48416 on Ethema Health Corp (GRST)

[mrsdoubtfire]

next week Monday probably q2 booming revenues and debt obliteration from the real state sale

[Bubae]

Shawn Leon is the one promoting the regulation "A" offering, potential up-list narrative, and reverse split. His quarterly cash flow situation is now worse with the loss of the Canadian property and the lease that now make him pay on the debt refinanced through the lease.

We know the stock is dead to the company in terms of attracting capital. A dead stock means those “qualified purchasers” of the regulation "A" offering won't be interested. Regulation "A" offering shares are immediately tradable and with this narrative and share structure it is impossible. If retail isn't buying in volume, investors aren't interested.

I outline this in a previous post # 48119, link is below.

However predictions such as 'up-list narrative will come. With it the reverse split', are may be not outright lies but certainly unfunded vivious predictions ... not much better than outright lies.

Ethema Executes Two Real Estate Transactions and Major Debt Repayment
July 17, 2023 09:34 ET
https://www.globenewswire.com/en/news-release/2023/07/17/2705721/0/en/Ethema-Executes-Two-Real-Estate-Transactions-and-Major-Debt-Repayment.html

With these changes in hand, the Company is poised to raise new equity through its Reg A+ offering and to continue on with expansion and growth.

Mr. Leon further added, “I have been questioned often about what our plans are to consolidate the stock and I can report that there are no near term plans to do so. I can only see that happening in conjunction with an up-listing when that time comes, and I believe it will come, based on our much stronger financial position, fantastic opportunities, and our vast experience in the addiction treatment industry.”

Bubae
Re: pual post# 48115
Monday, August 07, 2023 8:00:48 AM
Post# 48119
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172531549&txt2find=qualified