Ethema Health Corporation (PK) (GRST) ニュース

a

Don't get impatient move is coming!

What I tought 4 years ago about it has change (only stupid people do not adapt to change). I effectively call it a 50% bet whereas you call it a failure for more than 3 years.

Well that's was not the point. But I know it is hard for you to see the basher write bullshit like that. 

Fact  the biggest profits I made on the OTC - But yes it were the smallest "investments" in my port. 

Good to see you are worried about my peanuts. And take the time to not invest here but yet try to warn people. And say what they have to do with their money 💰  probably bc you have no money left yourself 

We can now call you a HERO! 

You were posting about how good an investment this was in February 2021, a ay day when it traded over a penny. From the end of March 2021 to the end of the year they would dump 1.3 billion new shares taking this into the trips where it never recovered. No you call it a 50% bet when Shawn Leon is telling everyone that a massive split is a 100% certainty?
You were right till: ''invest in this and you’ll be on the winning team!''. This is BS of yours. I never recommended to put money or not in this and I constantly said this is not an INVESTMENT but it's a 50-50 BET.pual
Re: cybermich post# 26018
Friday, February 26, 2021 10:09:49 AM
Post# 26022 of 51676
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162166113
Good news is.. with GRST its a lot more than speculation!

We totally agree on this … that's why I did regularly added to my INVESTMENT position.

Same to you ...Good luck in your trades.pual
Re: None
Friday, February 26, 2021 3:28:25 PM
Post# 26092 of 51676
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162182134
I'm not an OTC-Pink expert but with my 'INVESTOR' culture, I very much FEEL we have a jewel right here … feel is the key word.

Whatever the case, I did BET 5% of my portfolio in here and the only question I still have is: 'How much more will that be worth (market cap) after the next NR?Bubae
Re: NorfolkIP post# 30172
Friday, May 14, 2021 1:21:30 PM
Post# 30181 of 50122
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163811739
Judging by all the support level failures they are clearly converting notes. Get your average down and unload when they promote and this runs again in my opinion. They may be growing, but many here will pay for it with their losses which is typical in the OTC. Play it like a pump and dump and you will be happier in the end. All I have seen in recent months despite the endless promotion on this board is more share value destruction by the company and little communication about operations.

For the quarterly period ended March 31, 2021
https://sec.report/Document/0001721868-21-000319/
Authorized and outstanding

The Company has authorized 10,000,000,000 shares with a par value of $0.01 per share.The company has issued and outstanding 2,262,849,130 and 2,027,085,665 shares of common stock at March 31, 2021 and December 31, 2020, respectively

235,763,465 new shares for Q1 2021

For the quarterly period ended June 30, 2021
https://sec.report/Document/0001721868-21-000524/
Authorized and outstanding

The Company has authorized 10,000,000,000 shares with a par value of $0.01 per share. The company has issued and outstanding 2,601,515,456 and 2,027,085,665 shares of common stock at June 30, 2021 and December 31, 2020, respectively. 338,666,326 shares for Q2

338, 666,326 increase for period Q2 2021


For the quarterly period ended September 30, 2021
https://sec.report/Document/0001721868-21-000835/
Authorized and outstanding

The Company has authorized 10,000,000,000 shares with a par value of $0.01 per share. The company has issued and outstanding 3,111,047,811 and 2,027,085,665 shares of common stock at September 30, 2021 and December 31, 2020, respectively.

509,532,355 new shares for Q3


https://www.otcmarkets.com/stock/GRST/security

Outstanding Shares---3,579,053,805---02/24/2022

468,005,994 new shares for Q4 2021

Ow, you want profit... smart investors want growth and debt under controle.

First off, a smart investor wouldn't invest in crap like this or any OTC shlt for that matter.


It only shows how stupid you are. Project much?

You're not very bright, are you.

Ow, you want profit... smart investors want growth and debt under controle. 

Growing the company is what gives investors profit... you need to go back to economic-$chool 

It only shows how stupid you are. 

***

You were right till: ''invest in this and you’ll be on the winning team!''. This is BS of yours. I never recommended to put money or not in this and I constantly said this is not an INVESTMENT but it's a 50-50 BET.

Well then asshole he’ll stop saying revenue and start saying how much PROFIT he thinks this company will make.

Exactly, read your previous posts because they’re all the same. “No one knows whats going to happen, it’s a bet not an investment, everyone knows this thing is a mess so no one needs to be reminded, no one but Leon knows what the f*ck he’s thinking…it’s (50/50)…but invest in this and you’ll be on the winning team!”😂😂😂

''Revenue isn’t profit'' ... don't tell us ??? What would we do if we didn't have you to educate us (LMHO)

This blind argument justifies the 50% risk that this is a failure in the makings. On the otherhand ... (read my previous posts)

''There's a reason it's priced @ .0005 and steadily dropping''
It doesn't take a genius to figure why that is ... what is your point. As Bubae, all you can do is tell people what they already know and as all, you have no clue when, how and if Leon will solve this issue in the FUTURE or not.

I think they can do 8 million in revenue for the year if everything goes perfectly with the new small detox they bought. However I think the operating costs and payment on defaulted loans will be atleast 9 or 10 million. Revenue isn’t profit so I’m not sure why you focus on revenue and not profit.

They manage Kentucky Edgewater they don’t own it yet. So I can’t really estimate it until the deal closes.

Bubae has answered this a million times you just dont want to listen.

This is a real estate company, not a treatment company. Leon is able to use this set up to scoop up cheap programs real estate and be their landlords and in the process cash management fees that are hundreds of thousands of dollars. Like any good pyramid scheme you constantly need new money to keep it going. You take on debt, buy assets with the debt, take new debt to pay the old debt, then eventually you give the assets back to settle the debt…but Leon will insolate himself therefore its worth it for him. Just because it’s worth it for him doesn’t mean it’s worth it for you. The convoluted situation with ATHI vs. GRST shows that one is protecting the assets and the other is a garbage dump for bagholders.

No one is buying this garbage. Ethema will last as long as Leon and his wife want to keep bankrolling it. It’s really that simple.

Ok you realize how insane what you just wrote is right? They have 82 beds right now officially. You cant just say 3,000 beds as if thats true.

Only idiots buy and hold garabge like GRST. Should be pretty obvious now to anyone with half a brain. There's a reason it's priced @ .0005 and steadily dropping.

Hey, why stop there, 20 million in revenue is quite low don't you think? 🙄 Shawn Leon continues to fiddle while Ethema Health burns cash. No one is interested in that regulation "A" offering so the split he has been talking about since January is on hold.


For the quarterly period ended September 30, 2024
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000792935/000190359624000678/grst_10q.htm

Page 31
Over the next twelve months we estimate that we will require approximately $3.5 million for working capital and to repay existing short-term notes as the business continues to develop its rehab business in the US market. We have convertible notes, short term loans and promissory notes which will mature or have already matured during the current year and may have to raise equity or secure debt. There is no assurance that we will be successful with future financing ventures, and the inability to secure such financing may have a material adverse effect on our financial condition. In the opinion of management, our liquidity risk is assessed as high due to this uncertainty.

We'll see... I say 20mil plus rev in 2025. You are just blurring out that will not be the fact. Well then give me a number out of your DD.... what will be the GRST rev in 2025?

Looks like you only give this board BS
I Guess your DD stands for MRSmith and Bubae.... Dumb and Dumber 😃

post 51654
I at least have the honesty to ask questions instead of just looking (during 3 years) at scenarios that never materialize notwithstanding my obviously vengefull vendetta.
The positive development: The company still operate and duly report (cannot be negated even by you)
The honest view of mine, I do not know ...
1- Why does Leon work that much at creating a serious company out of the ashes of a previously assumed dead outfit ?
2- Why does he keep trying to grow it successfully or not ?
3- Why does he duly and fully report his financials quarterly ?
4- Why does he acquire that much of an ownership in what some keep calling that a failures?
5- Why are some working that hard at convincing others to sell their shares?
6- Why doesn’t Leon even try to prove these self-proclaimed experts wrong?
Bottom line: WHY DOES LEON BELIEVE THIS TO BE A POTENTIALY PROFITABLE COMPANY ?

Are your posts serious? We all do not know. Are your analysises objective? Not whatsoever but maybe you are right ... 50%
Get a life and go away (if you effectively are not a shareholder). One must not be very unhappy to spend hours dayly bashing someone/something not impacting him or his life whatsoever.

Annoying isn't it. 😆 To keep posting the facts with links for those who are new and trying to conduct their own due diligence. You know Paul, you are free to post some positive developments. Good luck.

Bubae
Re: pual post# 51486
Thursday, November 21, 2024 7:40:26 PM
Post# 51509 of 51659
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175423706&txt2find=matured
Why don't quit acting like Shawn Leon hasn't been talking about the stock consolidation and selling the offering since the January podcast. Bottom line is despite the expensive promotion that began in June he has been unable to attract buyers to this story. Primarily because everyone understands that not only does he need new cash to service the debt but also the need to service these new acquisitions. Shawn Leon has a history of letting notes go into default and pay the nasty terms with even more debt. That $600K note that matured on the 15th has very nasty default terms as well. You think the prospect of 24% interest per month might light a fire under his tush? 😆 I doubt it, never has before. He just pays whatever it is. Shawn Leon didn't provide the text for this note. We know however from previous notes that there was language referring to any interest in excess of what may be lawful would be tacked onto the principle. Example is the Leonite note that also went into default, Exhibit A page 1 linked below. Yeah, they are still operating. 😆 The Leons had to personally guarantee a more than $9 million leaseback agreement to pay the $2.3 million of mostly defaulted debt in 2023. Now we see the wife kicking in another $250K to get through Q3. Sure, business is just fine. 😃

Ho by the way (GRST-Bubae posts): For those less familiar with this board and GRST
''That the current financial situation of the company looks bad is a fact anyone (not even competent) can figure out by himself.
That Leon operates a business is a fact demonstrated by the fillings anyone can read.
Why in the world does someone keep making a fool of himself, continuously posting long ridiculous repetitive texts saying that current financials of GRST are very bad (also suggesting that Leon is a stupid crook)?
We all know what our risk is (50-50) as shareholders (notwithstanding his almost 3 years suggestion that the game is over).
THIS IS MY WAY OF PROMOTING THIS STOCK as the said fool keep suggesting (LMHO)
I shall stop trying altruistically to help those poor strangers, stupid enough to bet their rent money, on a fortune-making OTC sub-sub-sub penny stock (LOL).
I therefore copy the current message and will ‘’copy-paste’’ it whenever I want to EFFICIENTLY document the behavior of the no-life poster enjoying disparaging LEON and GRST.

Bed counts is the story Shawn Leon is trying to sell but it isn't getting any traction. The Kentucky acquisition was done for nothing so they were just looking for someone to take it over. Kentucky is cutting back on its Medicare payments to these facilities with the largest player closing some operations in that market. Podcast links in post# 51480 where Shawn Leon talks about the use of proceeds from the offering. He also talks about the split needed to support the offering. That is the real story here is it not? Take that and the fact that the CEO's wife kicked in another $250K last quarter to keep this story limping along. Looks to me like after two years of trying that Shawn Leon still is unable to find anyone to subscribe to that offering. Until then don't expect them to split the stock. On the other hand, know that when you see the split announcement that they have a deal in hand to move the new shares. Looks like retail is seeing through the story though so who will be buying the new dilution?


Bubae
Re: None
Tuesday, November 19, 2024 12:19:54 AM
Post# 51454 of 51657
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175406884
Looks like there is a reason why Ethema Health was able to acquire the Kentucky treatment centers for essentially nothing. Aside from the fact that the previous owners of the Edgewater Recovery was hit with a $2.2 million settlement over false laboratory claims I found a couple of articles dated in the past month suggesting that the addiction recovery industry in Kentucky is under pressure by industry-wide reimbursement cuts for Medicaid. Citing the Edgewater letter of intent press release of July 12th "The Kentucky operation primarily provides care to Medicaid insured clients." Beginning to see the need for the reverse split and the regulation "A" offering that is pending?
Bubae
Re: None
Thursday, November 21, 2024 11:18:38 AM
Post# 51480 of 51657
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175420557
Go to 11:20 into the July podcast where Shawn Leon starts talking about the use of proceeds from the regulation "A" offering whos shares would be exempt from registration and immediately free trading. We see $500K to support the operations at Boca and another $1 million to support the operations in Kentucky. He goes on to talk about the new convertible preferred shares that he claims he will be selling to investors. I do not see any real investors buying preferred shares of this scheme and they never have before. What I see is that new bucket of preferred shares is to convert the balance of the millions of so called "friendly" debt Shawn Leon talked about back in the January podcast. June 15th video at about 25:40 into the podcast be begins to talk about the NYSE and a $3 price, consolidation, and related party stock conversions. The January podcast talks specifically to the $4 million additional debt to be converted at about 24:10 into the segment. That friendly debt to the so called advisers is now close to $5 million.

I've been holding a small bag of this for years... inability to move the pps is just annoying af at this point.

3000 beds within 2 years.thats growth imo

The only value created here is Leon's personal bank account. No one can run a scam better than a convicted felon. Can't go much lower. .0001's coming to your account soon. Nice job rich boy.

Having followed that OTC toy for years, trading a lot originally when the pps was going up and down and having followed our board all along (including the negative analysises of some ), I must ask:
1- Why does Leon work that much at creating a serious company out of the ashes of a previously assumed dead outfit ?
2- Why does he keep trying to grow it successfully or not ?
3- Why does he duly and fully report his financials quarterly ?
4- Why does he acquire that much of an ownership in what some keep calling that a failures?
5- Why are some working that hard at convincing others to sell their shares?
6- Why doesn’t Leon even try to prove these self-proclaimed experts wrong?
Bottom line: WHY DOES LEON BELIEVE THIS TO BE A POTENTIALY PROFITABLE COMPANY ?
Why do some (one in particular) spend so much effort reviewing historic ugly data we all know about?
Leon only can answer all of that but up to now he doesn’t feel it necessary to do it,
This said, knowing what we know, one would have to be crazy to think he knows this will turn out to be a great profitable stock to own ?
The above justifies my 50-50 quote … I admit not to know, one way or the other … normal state of mind when one BET (not to do if one wants to invest)

I’m not sure declaes understands what DD means lol. Declaes thinks Due Diligence is just blurting out a random number. There’s no basis for 25 million in revenue even without considering operating costs. Plus paying Edgewater’s medicaid fraud settlement that’s in the millions.

Conveniently leaving out operating expenses? You're a fraud and a liar.

Evernia 52 beds OPEN 
Fern 10 beds OPEN 
Meadows f1-2: 25 beds to open on Monday 
Meadows f3: 20 beds 
Morhead 424 beds Soon 
Paducah 16 beds Soon 


TOTAL: 547 BEDS


20,000,000 tot 25,000,000 rev soon imo


Do your own DD

So they had programs in Delray Beach, Florida, West Palm Beach, Florida, and Muskogee, Canada that they no longer have.

They have one left in West Palm Beach that I think said was 62 beds.

They recently bought a detox in Boca Raton, Florida. Bubae would know how many beds.

They have a LOI for Edgewater in Kentucky. It’s unclear who’s actually running it though and that deal is said to close on January 1, 2025.

in this chaos of posts .... how many beds does it have today?

If you think this is a 50/50 gamble at these prices, you must be a delusional foreigner who follows the corrupt CEO-rich boy who is a proven failure and should be deported back to where he came from along with his scam.

You could make great as an historian whatever skills you pretend to have in maths (LOL)

I never bet money I cannot afford to lose on these sub-sub-sub-penny toys.

At least Bubae focus on negative FACTS. You only express your frustration. Sorry for your losses.

I can accept 60-40 but still keep it 50-50 personally.

Whatever you want to say. In any case, looking at the ''Scientific analyses of Bubae'' (LOL), the company should have died a zillion times over the last 3 years.
If GRST doesn't fail it will be great. It however may fail ... to bad.
We both do not know.

Another prove of your idiocy 😂

How do you think they build out the new clinic? With monopoly money 🤡

It is called INVESTING in the future. 1mil cost to get 15,000,000 dollar more revenues per year.

Investing isn't your thing huh!!! 

“The operating loss was $1,230,293 and operating income was $140,700 for the nine months ended September 30, 2024 and 2023, respectively, an increase of $1,370,993 or 974.4%. The increase is due to the increase in operating expenses of $1,701,289, offset by the increase in revenue of $330,296, as discussed in detail above.”

Math isn’t your thing huh?😂🤡

And 20,000,000 25,000,000 revenues. Nice!

GRST won't stay under 0.001 for long.

👀***GRST - If You are so "Smart?......What are you doing here???.....🙄🏃

I think declaes and pual should kick in the 3.5 mill😂

“Over the next twelve months we estimate that we will require approximately $3.5 million for working capital and to repay existing short-term notes as the business continues to develop its rehab business in the US market. We have convertible notes, short term loans and promissory notes which will mature or have already matured during the current year and may have to raise equity or secure debt. There is no assurance that we will be successful with future financing ventures, and the inability to secure such financing may have a material adverse effect on our financial condition. In the opinion of management, our liquidity risk is assessed as high due to this uncertainty.”

https://last10k.com/sec-filings/grst/0001903596-24-000678.htm#a_011

60/40?😂🤡

You should call your buddy Leon and see if you can go to Kentucky for treatment because I think you’re on drugs. I hear he has a lot of open beds there for you LOL.

Riddles? Troll? You see! I speak in facts... you are just to dumb to understand. 

You are looking great as 🤡

And Pual for me it still is 60/40 in favor of the longs. 

It’s in the statements you f**** idiot.

“We have prepared our unaudited condensed consolidated financial statements in accordance with US GAAP applicable to a going concern, which assumes that we will be able to meet our obligations and continue our operations in the normal course of business. At September 30, 2024 we had a working capital deficiency of $7.1 million, and total liabilities in excess of assets in the amount of $7.1 million. We believe that current available resources will not be sufficient to fund our planned expenditures over the next 12 months. These factors, individually and collectively indicate that a material uncertainty exists that raises substantial doubt about our ability to continue as a going concern for one year from the date of issuance of these interim condensed consolidated financial statements.”

They need a minimum of 3.5 million to survive the year. That’s not 50-50 that they succeed. It’s 50-50 that they survive. That’s totally different. It’s the difference between saying it’s 50-50 that you win the championship and 50-50 that you have a team.

(99) failure to (1) success.

You are a loser and a troll who talks in riddles😂 I speak in facts. .079 in 2017. .0005 now. This is not complicated no matter how much you try to fool people. The numbers don’t lie no matter how much you try to lie.