Replies to post #49752 on Ethema Health Corp (GRST)

[Bubae]

Now try to be accurate. I was actually calling for $0.24 post split. 😄 Now considering that they should have split the stock when they sent it into the trips with nearly 1 billion new shares in Q3 and Q4 of 2021. Shawn Leon is more likely to just doddle along with more colorful refinancing and borrowing. The hole just keeps getting deeper as they convert defaulted debt into long term liabilities that must now be repaid monthly. They however fool no one but themselves because this treatment center business is a very expensive business model returning nothing to Ethema Health (GRST) shareholders.

Bubae
Re: None
Tuesday, February 13, 2024 2:29:51 AM
Post# 49692 of 49752
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173832386

Now consider that the regulation "A" will need room to work and those who subscribe will likely get those shares at a 50% discount to market. Also, Ethema Health wants to up-list so they need to keep the price above a penny. I have been saying this for a while, I would expect a 1:2400 reverse split to get the price up to $0.024 after the reverse split announcement drives the price to $0.0001. Everyone will know that the dilution will follow so $.0001 is no longer the bottom.