Bubae
5時間前
Interesting take Paul but I noticed that you completely ignore the regulation A offering narrative that went along with the reverse split. Among others, we have the Mirage note that matured November 15th earning default interest of 24% per month. Of course this violates the usual usury laws but in past notes the language tacks the portion not allowed onto the principle. That note would be approaching $1 million now. The split announcement leads me to believe that Shawn Leon finally worked a deal for someone to subscribe to an offering. You can bet that someone got a sweet deal to cover their risk because the story of this very expensive business model isn't selling. Those shares of the regulation A offering will be priced at a steep discount to market and will be free trading once issued.
Bubae
Re: None
Thursday, November 21, 2024 11:18:38 AM
Post# 51480 of 51548
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175420557&txt2find=proceeds
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.
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.
pual
9時間前
My view, If Leon:
- Can find investors having $ 4 000 000 to invest in a growth opportunity,
- Does a R/S 0f 3 000:1
- Garanty the investors that their investment of $ 4 000 000 will be dedicated to immediately reduce our debt,
- Our multiplier would rapidly grow from 1,7 to at least 8 within few months (after an initial dip)
The company would then still have more or less 5,000,000 A/S to use for business development.
Am I dreaming? I very think not but Leon must rapidly attack our debt!
Happy 2025 !
janetcanada
11時間前
🐞***GRST - Never Disregard The Imponderable!......
🐞*** Mr. Shawn Leon Being a Member of one of the Richest Family in Canada with a Good Reputation....... Might have a "GOAL" to Prove Himself in the States!.....
✔️***GRST - TURNING A PROFIT......INTERESTING READ......
1️⃣***Entrepreneurs Face Failure But the Successful Ones Didn't Quit!!!....
2️⃣***TENACITY!!!.. This is where you put the work in. Tenacity is a key characteristic of any successful person, and basically the entire mindset of successful entrepreneurs. Included above all in the tenacious mindset is determination and work ethic.
👀*** How Long Did It Take the World's Biggest Brands to Turn a Profit?
👀*** In this article The biggest brands that have turned a Profit ***The biggest brands yet to make a Profit- ***Methodology
👀***We all hear about the record revenues that some of the world’s biggest companies rake in on an annual basis, but it can take many years for even the most successful brands to actually turn a profit.
👀***In fact, some of our favourite services such as Uber, Spotify and Snapchat are actually yet to make their first annual profit, despite being hugely popular.
👀***So where do the world’s biggest companies stand, and how long did it take them to turn a profit?
👀***The Biggest Brands That Have Turned a Profit
👀***Companies that have turned a profit
Of the companies that we looked at, it was older tech firms such as Microsoft and Apple were amongst those to turn a profit the quickest, largely due to a lack of competitors at the time.
In fact, Microsoft turned a profit almost immediately after starting out, as the sole supplier of ‘Altair BASIC’ as well as numerous early microcomputers.
👀***However, the likes of Twitter had to wait over a decade before turning their first profit, doing so in 2018, 12 years after they launched in 2006.
👀***Similarly, Amazon only turned a profit nine years after being founded (and seven years after going public), after having to close down distribution centres and lay off a seventh of their staff.
👀***The Biggest Brands Met To Make a Profit
👀***However, just under half of the brands that we looked at are still yet to turn a profit, despite being very popular and having been trading for a number of years.
👀***For example, we’ve probably all taken a Uber at some point and the company made $11.3 billion in 2018, yet they’ve still never seen an actual profit since 2009.
👀***Similarly, Spotify have never turned an annual profit, although they could be set to change, as they recently reported their first-ever quarterly profit.
pual
11時間前
''we finally have the reverse split'' ... WWhat's new about it. Leon said it weas coming for months (All you did, as usual, is to repeat what Leon publisnes).
''Game over for you all who have been calling me a fool'' ... Game is far from over, and I still think you are continuously making a fool of yourself.
''they will begin to dilute the crap out of it again'' ... Dilution, more likely but on the otherhand Market cap will probably grow if Leon succeed.
With 53% control, I do not know but may be Leon is smart enough to see the value of his ownership to grow ... (I asume that will also touch MY OWN shares.
I do not pretend to have a crystal ball but even if current financials do justify doubt about future, one (serious and unbiassed) can also believe that the company will succeed and grow toward some kind of profitability ... (50-50).
I stand to be corrected but considering current MV (More or less $4 000 000) upward potencial is quit attractive and may even compensate sdhort term dilution you love to focus on.
Bubae
1日前
I have answers for all that crap declaes. You must have wet yourself from the after hour news yesterday to be contacting Shawn Leon on a Saturday morning. I guess you have his emergency contact information? 🤣 What I want to know is what kind of supposed non-public information did Shawn Leon passed on. You claimed to have contacted Shawn Leon on November 20th when you bought more shares. 🤔 I guess he didn't tell you about the coming split and regulation A offering? Oh, that's right, Shawn Leon has been making public statements about that subject for many months. He shouldn't have had to tell you. I already have SEC complaints queued up for this disaster. How many times in the past have you talked about conversations with Shawn Leon?
Wrote to Mr Leon this morning, got an answer right back.
declaes
Re: Bubae post# 51453
Wednesday, November 20, 2024 10:54:28 AM
Post# 51459 of 51754
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175414480&txt2find=added
Well now I have 120,000,000.just added some... tnx for the 0.0005s.
declaes
Re: sylvia07 post# 51473
Thursday, November 21, 2024 9:46:08 AM
Post# 51474 of 51754
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175419791
I contacted Mr Leon yesterday. Those 0.0005s today are a gift imo 🧐
Bubae
2日前
Dumb comment, you have no idea what my financials looks like. On the other hand we have gotten a glimpse at your trading prowess by the way you traded and promoted this stock. You should consider the opportunity costs of having your funds locked up in this for several years on top of the massive beating you will take next week. Then you come over to this board and promote another stinker like $RDAR? Thanks for the invite to go over there and dig into their filings by the way. That one will be fun to follow as well. Shawn Leon spends a bundle trying to promote the regulation A offering beginning in June and managed a trading price at your average of $0.0009, a gift as I said at the time. Instead of mitigating your potential losses if Shawn Leon follows through with his stated split intentions you buy more for a total of 120 million shares while calling everyone else stupid. It was only yesterday that you called someone here stupid. 🙄 You need to climb back under your rock.
declaes
Re: Bubae post# 51453
Wednesday, November 20, 2024 10:54:28 AM
Post# 51459 of 51754
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175414480&txt2find=added
Well now I have 120,000,000.just added some... tnx for the 0.0005s.
declaes
Re: sylvia07 post# 51473
Thursday, November 21, 2024 9:46:08 AM
Post# 51474 of 51754
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175419791
I contacted Mr Leon yesterday. Those 0.0005s today are a gift imo 🧐
declaes
Re: Bubae post# 51701
Tuesday, December 31, 2024 8:54:28 AM
Post# 51703 of 51754
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175600548
You should try harder to become a good basher Bubae.
Some here are really doing their DD, and have beter sources than you.
declaes
Re: Bubae post# 51725
Thursday, January 02, 2025 9:35:27 AM
Post# 51726 of 51754
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175609289
Put your frustration in the past aside an try to make some money. I'm sure Janet, LovePink and I and doing it.
It's not that hard to make money in the OTC.
declaes
Re: MrSmith101 post# 51634
Wednesday, December 04, 2024 4:29:05 PM
Post# 51635 of 51754
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175477844
Another prove of your idiocy 😂
How do you think they build out the new clinic? With monopoly money 🤡
declaes
Re: MrSmith101 post# 51674
Tuesday, December 10, 2024 3:33:55 PM
Post# 51677 of 51754
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175507572
Growing the company is what gives investors profit... you need to go back to economic-$chool
It only shows how stupid you are.
declaes
2日前
Your stupidity is endless it seems. That of Bubae too!
- Ceo and family holding 53% of the shares
- The RS is to upgrade to a higher exchange where real investor are also able to buy.
- thas why the A-offering did not take place, they cleaned up the financials and take the right next step now.
- You and Bubae really think they will dilute themselves? 🤣
- they need 3$ to upgrade
- 1000x0.0005 = 0.5$
- 5000x0.0005 = 2,5$
- so they need at least 0.0006×5000 to get to 3$
- 7,400,000,000 OS/5000 = 1,480,000 OS after the RS at 3$
- it has been 20years since the last RS back then this company was a total other company
- after the RS GRST will be able to use the market again to grow the company. What now is impossible
- GRST is not a split and dilute company otherwise they would have RS 3years ago and dilute back till 0.0001 as Bubae predicted 3years ago but didn't happen
- GRST fast growing from 5,000,000 revenues in 2024 to 25,000,000 in 2025!!!
- so yes Bubae is a fool and you are his bitch 🥰
- with my last buy at 0.0004 my avg is at 0.0008 now 😙
- Wrote to Mr Leon this morning, got an answer right back.
We'll see what 2025 will bring. Again, holding 120mil shares and not worried at all cause in the otc you only play with money you can effort to loose.
See you at the end of 2025.
Bubae
2日前
Who told you that that the previous price levels were a gift because they will be splitting the he77 out of this. 🤣 Search the word "gift" for this ticker if you subscribe, there are no less than 20 posts from me with that word since the June promotion. Stick around and promote the sales of the new regulation A offering.
Who said 20,000,000 to 25,000,000 mil revenues in 2025!!!
It will be hard to keep this in the trips much longer. 0.0075 0.01 very possible this year imo.Bubae
Re: None
Tuesday, December 31, 2024 2:33:52 PM
Post# 51716 of 51748
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175603484&txt2find=gift
Clearly trying to move this up. They chewed through the 7s now the spread is 5 on the bid and 8 on the ask. No support so I'm not sure what the point is but some who act are getting a gift in my opinion. I'm sure their hope is that it doesn't sell off to $0.0001 on the split news.Bubae
Re: declaes post# 50962
Saturday, August 17, 2024 8:19:37 AM
Post# 50965 of 51748
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174938470&txt2find=gift
I'm thinking that you unloaded some. This period of hard promotion is a gift that won't last and I suspect you know it. Then again you did get buried with more than $100K of a stinky pink ticker. 😆 Yeah, someone did buy 22 million of Fridays 23.4 million in the first 30 minutes of trading but after that it died. It looks as if someone was trying to start something and they failed?Bubae
Re: None
Friday, July 12, 2024 5:07:51 PM
Post# 50520 of 51748
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174746364&txt2find=gift
Been telling you all that this June promotion and price was a gift....
Bubae
2日前
Well Paul, in true Friday after hours fashion we finally have the reverse split. Can't say that Shawn Leon didn't warn you all. Game over for you all who have been calling me a fool. What is more is when they get it done they will begin to dilute the crap out of it again. Why did I tell you that the Leon's traded their debt and so called management fees for 53% control.
Whatever Leon has in mind as a plan, it doesn't sounds as if the man qas trying to bancrupt or abandon the company he did manage to control. Hard to follow his thingking but even harder to believe that Leon is stupid enough (or whatever one wants to call him) to keep control a business he is trying to close, writing off whatever HE and HIS shareholders currently own ???
FORM 8K January 10, 2024
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000792935/000190359625000030/grst_8k.htm
Item 5.07. Submission of Matters to a Vote of Security Holders.
On January 9, 2025, certain stockholders (the “Majority Stockholders”) of Ethema Health Corporation (the “Company”) took action by written consent (“Written Consent”). As of such date, the Majority Stockholders held of approximately 53.3% of the total voting power of the stockholders of the Company (including holders of a majority of the voting power of the outstanding common stock and a majority of the voting power of the outstanding Series A Preferred Stock voting as a separate class). The Written Consent provided that the Company is authorized to: (1) adopt amended and restated Articles of Incorporation to effect an increase in the number of authorized shares of Preferred Stock, par value $0.01 per share from Ten Million (10,400,000) shares, of which Ten Million (10,000,000) have been designated as Series A Preferred Stock, and Four Hundred Thousand (400,000) have been designated as Series B Preferred Stock and are no longer outstanding, to Thirty Million (30,000,000) shares of Preferred Stock, (2) amend the Articles of Incorporation to effect a reverse stock split of the Company’s issued and outstanding shares of common stock at a ratio of 1-for-1,000 to 1-for-5,000 (the “Range”), with the ratio within such Range to be determined at the discretion of the Company’s Board of Directors, subject to the authority of the Board of Directors to abandon such amendment; and (3) amend the Articles of Incorporation to delete Article XIII thereof, entitled “Voting of Shareholders”, which requires the vote or concurrence of the holders of a majority of the outstanding shares of the Company entitled to vote thereon to approve any action by the Company’s stockholders.
pual
5日前
Or is it that one that looks more realistic
Blank Rome is a law firm with 16 offices and more than 750 attorneys and principals who provide legal and advocacy services to clients in the United States and around the world. Founded in 1946, Blank…
HeadquartersPhiladelphia, Pennsylvania
Key peopleGrant S. Palmer, Chair and Managing Partner; Alan J. Hoffman, Chair Emeritus
No. of offices16 (15 in the United States, 1 in China)
No. of attorneys750
Major practice areasMultipractice law and government affairs
Revenue$750M (2024)
Bubae
1週前
That is right. I said that they should have split the stock at the beginning of 2022 after they dumped one billion shares in Q3 and Q4 2021 taking this into the trips. Eight months later Shawn Leon files the first regulation "A" offering in October 2022 with no split. No split means he couldn't attract any subscribers to the offering. He couldn't get it done after all the amendments and the second SEC qualification in November 2023. I wonder who's idea would have worked better? 😆 The Leons bailed this out with the crazy property purchase, sale, leaseback in 2023 with their personal guarantee. They have a lot of work to do to get out from under that.
The difference now is that Shawn Leon is talking about the reverse split, a new offering, with the typical market up-list narrative. Shawn Leon is claiming an up-list to the NYSE which doesn't seem plausible but offers cover for a very large split. Ethema Health borrowed a lot on money in 2024 to finance this new story and it isn't attracting any investors. My guess is that the new offering will be a sweet deal to attract a subscriber and that the split and subsequent promotion will ensure it is successful. They need retail to pony up this year.
Bubae
Re: None
Monday, August 12, 2024 10:30:08 PM
Post# 50912 of 51737
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174909131
Their ability to continue borrow is running into problems as evidenced by the expensive short term loans taken in Q1. They managed to buy some time in 2023 with the crazy and expensive property purchase, sale, and leaseback scheme which put both Shawn Leon and his spouse Eileen Greene on the hook for a more than $9 million operating lease agreement. There are certain “personal guaranty metrics” under this lease that must be met to relieve them of this personal debt guaranty. Those are detailed below, the largest hurdle appears to be the $5 million of unrestricted cash.
Bubae
1週前
All you really need to know for 2025 is that Shawn Leon has been talking about the reverse split and regulation "A" offering for nearly a year now. The stock was promoted heavily the first half of 2024 with the many podcasts and deploying the Mark Markowski show who is SaveChangeWorld. Those efforts failed to sell any of the offering and cost the company a bundle. The quarterly cash burn continues with more borrowing in Q3 which included another $250K loaned by the Leons to keep it going. The regulation "A" offering qualified by the SEC in November 2023 has expired. We should finally see the reverse split and the new regulation "A" offering soon. If not, the borrowing Ponzi scheme continues.
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.
Think1st
1週前
Was up so big on dbmm
After 10 year fight to get relisted ,stock shot up, thinking they must have some business going forward,
Surprise..lol zero business, world wide marking co does like $100,000 a year in business..you know the story.
Very sad..at least grst has a going business. Yes has debt however money comes in , bed expansion grows
Good luck
Look at aunxf zero debt etc look into it
Do your dd
All imo
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