No need to make it a rights issue. Shawn Leon is free to spin the story any way he likes within the rules but he should expect to be fact checked by the filings. There is a reason that companies are required to report. I support all my posts with links to the information for those conducting their own due diligence and the information speaks for itself. This is why the messenger needs not be credible, the credibility comes from the source of the information which is the SEC filings and the previous public comments from the company. The reliability and credibility of that information is the responsibility of government regulators.
How all that reflects on the company and Shawn Leon is of their own doing. Proof? My favorite Ethema Health scheme to unload debt conversions happened at the end of February 2022 and is described with links in my post # 49668 below. This is what the company is capable of and if it reflects badly on the company who's fault is that? That was the last time Ethema Health was able to con traders into buying debt conversions. The story is no longer selling so Shawn Leon is trying to find new funding to keep this borrowing Ponzi scheme going.
Bubae Re: None Thursday, February 08, 2024 8:07:56 AM Post# 49668 of 50221 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173800424 Those new to this stock should be aware of the nature of those who run this company. They will need to fix this share structure soon in order to move those reg "A" shares and we may see a final dump of shares before this happens. An example is the Leonite share dump of February 28th 2022. February 27th Ethema Health announces a series of press releases to come. Twitter followers showed up the next morning to the tune of 200 million shares traded in the first 30 minutes running it up just over .001 where Leonite hammered it with the new shares. Four press releases and 654 million shares for the week and by the following Friday it was trading right back where it started. It was a pretty good tactic and shows what happens when a company and toxic lender collaborate.