Replies to post #52336 on Ethema Health Corp (GRST)

[Bubae]

As always I support what I say with the company's own print. 🙄 Save your breath you look petty. No prefiling promo this time? 🤔 Later that even last year with the annual? 🤔

Looking to see how much the lender is now making off that Mirage note that according to the filing earns 24% a month in default interest. That note is secured by 25% of the Ethema Treatment Center. The very same 25% that Shawn Leon agreed to pay $1.1 million for last year. Losing that 25% isn't much of a threat however because the treatment center is a loser so why take it? I would just let the note fester and wait for the cash from an eventual offering. With the compounding monthly interest that note could be worth $1.5 million now. Shawn Leon every year since I have been following this has had notes in default so he has it down pat now. Have to admit that it takes a special kind of stupid to cultivate that kind of penalty on a loan.

Maybe this annual is the type of filing you drop after hours on a Friday. 😆 The most odd part given Shawn Leon's pumper history is that he is keeping his mouth shut. 😏 If he pumps it in the morning before the open, expect the filing after the close. As always here sell the news if you can. You may not get a chance Monday morning.

Saying things like this don't make people think you are a liar, no, it proves you are a liar.

For the quarterly period ended March 31, 2024
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000792935/000190359624000371/grst_10q.htm

Page 24
Senior secured promissory note
On May 15, 2024, the Company, together with its subsidiaries, Evernia Health Center, LLC, American Treatment Holdings Inc, and Shawn Leon, entered into a Senior Secured Promissory Note (“Senior Note”)with an accredited investor for gross proceeds of $600,000, maturing on November 15, 2024 and bearing interest at 6% per annum for the first two months, 9% per annum for the following two months and 18% per annum for the last two months. The note also provides for default interest at a maximum of 24% per month, subject to the Usury Act. The Senior Note is senior to all other indebtedness including the promissory note issued to Q Global Trust, LLC (“Q Global”), except for allowed payments in terms of the Q Global agreement, as described below. The Senior Note, upon an event of default, may be converted into shares of ATHI at the rate of 1% of ATHI for each $24,000 of indebtedness, capped at $633,000. The proceeds from this note were used as the down payment for the acquisition of the remaining 25% of ATHI held by the minority shareholder.

Purchase of minority shareholder interest in ATHI

On May 15, 2024, the Company, Q Global Trust, LLC (the “Seller”), Lawrence B Hawkins and ATHI entered into an agreement for the purchase of the 25% minority shareholders interest in the share capital of ATHI for gross proceeds of $1,100,000. The Company paid proceeds of $625,000 on closing, and issued the Seller a promissory note for $475,000, subordinated to the Senior Note above. The Company will make 8 monthly installments of $10,000 each and on the ninth month a payment of $157,500, for the next eight months the Company will make payments of $10,000 each and on the eighteenth month a final payment of $157,500, totaling $475,000. The note does not bear interest and is guaranteed by Shawn Leon, Evernia Health Center, LLC and ATHI.

[janetcanada]

☯️***I Often think About the Empathy and Compassion that Is Need it to Take Care for this Peoples that Need to Regain a Normal Life!....

☯️***These Particular Old Posts from the Past by "Yankee 2" in 2020....when he went to Visit Ethema Health Care Facility and how he was Impress by Mr. Shawn Leon! ....Post: #14771- # 17778 & .....Post: #49368 ....Gives a Good Idea......

***Also Not forgetting is The Post #49262 From OTCShotCaller - "As a Reminder about what Ethema Health Stand For"!.......These Post Are The Most Telling Ones!.....

☯️***On October 26, 2020 ... yankee2 did Post his thinking about MR. Leon....

👁️***Thanks Ant!!
***I wont post a bunch of stuff but I will say Mr. Leon is very serious about everything he is doing,He is doing most of this to help people struggling with the drug problem.He has people working that I spoke with and He turned their life totally around for the better.never cured ,but at least they can function like most people.

👁️***We took a ride from south beach in Miami all the way north of pompano.we drove throught he poor areas,hundreds of addicts,hungry dirty,scared,sick as dogs from withdrawal.It realy is sad.

👀***It sounds like insurance co,s and government will be kicking more cash into this area.We should hear a lot about insurance companies and government agencies imo

👀***That's where He is a pro,well thought out.Imo this is perfect timing for this with the purdue opiate fiasco.The heroin market will explode imo

👀***This is the Real Deal here imo

===============================================================

👀*** Mr. Shawn Leon Deserve Good Credit and Support for Persevering in what he is doing!.....