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Bubae

10/10/23 11:53 AM

#48989 RE: pual #48987

SAME people running operating mess. Big acquisition announcement just before dumping the 1.3 billion shares. Not only did the acquisition not happen, they also closed their only treatment center one month after the letter of intent press release. Big announcement, dump 1.3 million shares in eight weeks, OH by the way we are out of the treatment center business until we can cobble together some more toxic debt to move the operations. Misplaced criticism, I think not. Defending and promoting after millions lost here, not a good look. Defending and promoting when they have an offering pending promising billions in dilution, also not a good look. Especially when we all know that it can not be done with this failed business model narrative and share structure.

...''over the course of 8 weeks in 2020'' Thats almost 3 years ago...


Ethema to Focus on Acquisitions for Growth Strategy
December 24, 2019 10:01 ET
https://www.globenewswire.com/en/news-release/2019/12/24/1964449/0/en/Ethema-to-Focus-on-Acquisitions-for-Growth-Strategy.html

The acquisition target will have approximately $20 million in revenue for 2019 and an EBITDA of $3.6 Million. Under the terms of the LOI the Company would be required to enter into a binding agreement by February 29, 2020 and be closed by April 30, 2020.


https://www.otcmarkets.com/filing/html?id=16899666&guid=RJ5-kFxAigOCJth

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 A