Replies to post #48947 on Ethema Health Corp (GRST)

[Bubae]

14.5 million shares dumped at $0.0003 today did get purchased. How long will that last? The refiled the regulation "A" offering at the end of August appears to be the exact same Post Qualification Amendment (POS) that they filed at the beginning of May. They once again restated the share price as units of 100 shares priced at .12. I believe that this filing would need to be qualified again by the SEC and should have been done by now. The original regulation "A" offering was filed October 14th 2022. Like the latest debt deal it takes glacial Shawn FOREVER to get anything accomplished and is why this company in is the state that it is in my opinion. This offering comes a year and a half too late. I was calling for a split and offering at the beginning of 2022 after they converted 1.5 billion shares in 2021 with a result in trading price in the trips. Just short of 1 billion new shares were converted in Q3 and Q4 2021 alone.

The more likely scenario in my opinion is an offering price of .12 a share after a 2400:1 reverse split. That split would be based on an anticipated trading price of .0001 resulting in a post split price of .24. which looks most probable, an offering of 1,736,111 shares at .12 post split or 4,166,666,660 at .0012 based on where it is trading now? All holding would surely realize that there will be massive dilution expected post split as stated in the offering filing. This offering is open ended unlike most that are set for one year.

GRST - Someone believe enough to buy!....

https://www.otcmarkets.com/filing/html?id=16899666&guid=eA5-kaCl65JmB3h

Ethema Health Corporation, a Colorado corporation (the “Company,” “Ethema,” “we,” “us,” and “our”), is offering up to 4,166,666,660 shares (“Shares”) of its common stock, par value of $0.01 per share (“Common Stock”) sold in Units of 100 Shares of Common Stock (“Units”) on a “best efforts” basis without any minimum offering amount pursuant to Regulation...

We expect that the fixed initial public offering price per Unit will be $0.12 (equivalent of per share of Common Stock will be $0.0012) upon qualification of the Offering Statement...

The Offering is expected to expire on the earlier of (i) the date on which all of the Units offered are sold; or (ii) the date on which this Offering is earlier terminated by us in our sole discretion....

We may close on investments on a “rolling” basis (so not all investors will receive their Shares on the same date)...