Ethema Health Corporation (PK) (GRST) 銘柄情報

Hey! Bubae is back!

Been wrong for 3 years now. GRST was going to go BK and do a RS for 2 years now.

I see you made a ship full of money on $OMID this year from 0.005 to 0.002. 

You are the master! LOSER!

No, No, No , $200 million in revenue for 2025, expenses of $300 million, and it is thin to $5. 🤣 You could get $5 soon with the promised split, won't that be nice. Every time these insiders spend a few bucks walking it back up we get the hype. It doesn't seem like OTC traders are as naive as we have come to believe. Just like I said when Shawn Leon was spending a bundle promoting this back up to $0.0009, this is a gift before he splits the he77 out of it. So take advantage of it if you can. That single $600K note that matured on November 15th with its default language could be worth more than $1 million before he executes on the split and the offering.

The current regulation "A" offering has expired as of November. It was good for 12 months. Tells me that we will see an entirely new regulation "A" offering. Here is what I anticipate. The NYSE up-list was nothing more than hype for promotion. I suspect that they would go after multiple smaller regulation "A" offerings with multiple splits with a OTCQB up-list narrative. Shawn Leon has been trying to get a major player to subscribe to the old offering for more than two years now. I refer you back to the manic Mark Markowski perpetual financing scheme of earlier in the year.

Bubae
Re: None
Friday, November 15, 2024 8:29:21 AM
Post# 51433 of 51696
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175390240
The Mirage note to help pay for the $1.1 million to be handed over to Lawrence (Larry) Hawkins matures today. The balance as of September 30th was $619,500, chart page 17. We have to go back to the Q1 filing to see a full description for the notes default terms because those terms are omitted in the Q2 and now Q3 filings. Under the terms of default the note holder is entitles to the 25% of ATHI using the calculation. The same 25% that Ethema Health just agreed to pay $1.1 million for on May 15th. ATHI (American Treatment Holdings Inc.} is the holding company for the Boca and Evernia treatment centers and has a share structure of its own. There are no comments in the subsequent events section of the Q3 filing mentioning this note and I'm not finding anything that tells us what they are doing about this note. I suspect that we will see a new debt agreement soon. Could we see the split and amended regulation "A" offering soon?

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.




savechangeworld.com
https://savechangeworld.com/project/ethema-health/
Creation Date: 2023-10-23T15:09:28Z
https://www.godaddy.com/whois/results.aspx?itc=dlp_domain_whois&domain=savechangeworld

Ethema Closes on Purchase of Boca Raton Facility
NewMediaWire June 17, 2024
https://finance.yahoo.com/news/ethema-closes-purchase-boca-raton-125741467.html
Ethema CEO Shawn Leon was interviewed by SCW's Director of Research on Saturday June 15, 2025 about Ethema and the new Boca facility. A video recording of SCW's coverage for Ethema is available at www.savechangeworld.com. On the podcast the Company discussed the plan to use a perpetual financing strategy similar to the strategy utilized by Airbnb and UBER to finance their rapid growth.

Ethema Health, Exceptionally Undervalued due to Sub Penny Share Price!
by Michael Markowski | Jun 11, 2024 | Ethema Health, Save Change World Companies

Deploy a $25 million perpetual financing strategy at prices ranging from $0.0012 to $0.0027

Utilize the cash raised from the strategy to acquire facilities which, in aggregate, can generate annual revenue of $86 million and pretax income of $25 million.

Ethema Closes on Purchase of Boca Raton Facility
NewMediaWire June 17, 2024
https://www.newmediawire.com/news/ethema-closes-on-purchase-of-boca-raton-facility-7075680

Mr. Shawn Leon, Company CEO, reported,...
... Once we get listed on a senior exchange we expect the growth of the Company to rapidly increase as our acquisition strategy supported by our perpetual financing strategy will make this expansion possible."

0.0006 gone - only 2mil at ask 0.0007... GRST is trading so thin this can run to 0.005 in a mater of days. 

Company is growing fast expecting a 25,000,000 rev in 2025. From 5,000,000 in 2024.

Glta longs in 2025

There is nothing growing here except the rich boy's wallet. The SP price isn't growing and will continue to trade in the trips in 2025.

Didn't you post 1 million times all the gory financials..you really think I understand it, you think anyone does!!!!!???
60 years ago people said national debt is too great..in 50 years they will say the same
Grst has debt now..guess what ...
they had debt 5 years ago .co still growing

Didn't we address this before? Links to the information in post 51658. There are plenty Shawn Leon even took advantage of the property deal for himself. Sweet deal to be the landlord and tenant isn't it? This company is all about these insiders who are owed millions in very old debt. Between the series "N" notes and series "R" notes they are owed $4,865,029 as of September 30th. The bulk of that was renegotiated earlier in the year with maturity date extended to tomorrow, December 31st. Shawn Leon's wife is owed nearly $1 million. That money should have been lost long ago but as long as they keep it as debt they can eventually convert it like Shawn Leon mentioned in his January 2024 podcast. What they need is for the traders of this stock to pay the debt or they own nothing. The up-list narrative is for the senior exchange for a reason. They need a massive split for room to sell it down and retire some debt with this story.


Bubae
Re: Think1st post# 51656
Friday, December 06, 2024 11:30:26 AM
Post# 51658 of 51692
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175488284
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
Monday, November 04, 2024 12:23:45 PM
Post# 51399 of 51692
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175330189&txt2find=leon%2Bproperty
Reading over the last 8K has me asking what did Shawn Leon really acquire to buy on Ethema Health's behalf other than liabilities and how does he intend to fund the new operations. The purchase price in last weeks 8K was reported to be $250K and the assumption of liabilities. The July 8K reporting the letter of intent shows the $250K as payment "...to be directed towards payment of legal fees and brokerage fees" The July press release is boasting more than 400 beds. So what did Shawn Leon acquire for what looks like the assumption of liabilities? I don't see the language for the $2.6 million deal described in the July 8K anymore. Is the language for the $2.6 million special financing described in the July 8K describing Shawn Leons property purchase side deal?

Expect more bed expansion, more buy outs of other companies , looking to grow bed count to a few thousand beds in coming years.like 2 years
Imo

A year and a half from when Shawn Leon talks first talks about getting something done is about right. Q2 2025? 🙄 I doubt it. The real need for the split is selling the offering. The up-list I believe is the usual justification for these stinky pinks. In his podcasts for nearly a year now he complains that the stock price isn't able to get any traction. I wonder why? How large will the split need to be to both satisfy the $3 minimum and convert debt. 🤔 You all got diluted more than 100% in July with the Leon's conversions. Now stand by to own very little of this after the stock consolidation.


Ethema Engages National Law Firm, Blank Rome, to Shepherd Up-Listing Process
November 07, 2024
https://www.globenewswire.com/news-release/2024/11/07/2976872/0/en/Ethema-Engages-National-Law-Firm-Blank-Rome-to-Shepherd-Up-Listing-Process.html

Ethema Health Corporation (OTCPINK: GRST) (“Ethema” “GRST” or the “Company”) has retained respected national law firm Blank Rome LLP to manage the Company’s process to up-list the Company’s common stock from the over-the-counter (OTC) market to a major exchange. The Company is targeting Q2 2025 to complete this process.


Auto-generated transcript from YouTube. July 18, 2024

10:08
...of about a week ago um so we're slowly decreasing the debt down to the point where we will qualify uh for an uplisting to the nysse we would qualify under standard one because we have the income we have all meet all the other factors except for two which is the uh stockholders Equity uh which
10:33
will be will reach once we raise more equity and uh convert more debt and uh of course a minimum price of $3 would have to be achieved through a reverse split or a stock consolidation we do plan to do that up at the time when we're ready to uplift so there's three ways to invest in the company now we're trading on
10:55
the OTC can buy in the open market uh we do have a registered right a plus um which you can contact the company about um you know typically this would be for a higher level of investment and then there's a preferred share that we're um setting up for...

2024 was a very expensive year with completely borrowed cash. The plans at the beginning of 2024 didn't pan out with the offering so it is really beginning to bite once again. Shawn Leon wrapped the previous defaulted debt up into the crazy 2023 property purchase, sale, leaseback deal driving up quarterly expenses. Then in 2024 he piled on new debt to buy the new story that is attracting few buyers for the stock. Shawn Leon has always moved at a glacial pace while the debt goes into default which is why he and the misses had to personally guarantee the 2023 debt deal. Now the wife had to kick in another 250K to get through Q3 on top of the additional borrowing. Need another podcast to find out what Shawn Leon is up to for 2025. 😆

For the quarterly period ended September 30, 2024
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000792935/000190359624000678/grst_10q.htm
Page 19
August 30, 2024 Funding
On August 30, 2024, the Company, through its subsidiary, Evernia Health Center, LLC entered into a Receivables Sale Agreement with Itria Ventures LLC (“Itria”), whereby $312,500 of the Receivables of Evernia were sold to Itria, for gross proceeds of $250,000. The Company also incurred fees of $3,000, resulting in net proceeds of $247,000. The Company is obliged to pay $8,013 per week until the amount of $312,500 is paid in full.

Page 20
On July 4, 2024, Ms. Greene advanced the Company $250,000 with an original issue discount of $35,000, totaling $285,000. The amount is being repaid in instalments of $5,769 as and when the Company has the cash flow to make the payments, the loan is expected to be fully repaid in June 2025 or earlier depending on cash flow.

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.

February 08, 2024
Auto-generated transcript from YouTube

1:15
...of these steps uh required um to do this uh we're going to need to raise about a million dollars immediately um and there's several uh discussions and probabilities that that will happen uh we want to raise 5 million in conjunction with the uplisting um and with respect to the
1:38
uplisting uh as everyone knows we would have to do a consolidation um to do an uplisting um but we want to be clear with everybody that that would only happen uh upon the uplisting and in conjunction with the uplisting uh We've identified a short list of the bankers and advisers uh that we'll engage for this process process and expect to move forward with the 2:02 selected Partners within the month great thank you for that and I...

Company is looking good with lots of volume and price move up!

The first of many podcasts on January 10th 2024. Shawn Leon spent heavily to promote the regulation "A" offering in June and July so you can see that 2024 didn't go as originally planned.

Excerpts from the auto-generated transcript from YouTube.

2:29
...we are looking at an equity investment this year of approximately 5 million we'll talk more about that uh we do have an existing reg a uh up and approved um and uh the other thing that we expect to do in 2024 uh is an uplisting to New York Stock Exchange American Market um so that's uh sort of an overview of where we think this company will be going in the next little while...


24:06n
talking to a an investor at the moment who's looking to put two million into the company but I would just point out that uh the remaining debt um in the current under the uh current liabilities um are in the convertible notes section here this is the 4.4 million and the 2.6 million are both friendly uh debts um and related party debts being me and my family um which amount to you know almost a little over 7 million and it should be noted that that uh debt is expected to be converted to equity at some point soon and when we do 24:46 that and combine that with another $2 million investment we certainly would qualify under the regulations or the tier requirements of the nas of the New York Stock Exchange tier uh um tier one and we do have the income that's required we have the shareholder base required we have all the requirements stuff list uh to NASDAQ so uh or sorry to New York Stock Exchange 25:11
so we expect that to happen very soon and I know I'm running out of time here so I'd like to maybe quickly take some...

Looks like the decided do something with this threatening to drop back to $0.0003. Staring about 10:00 Friday they started buying and in less than an hour and a half bought up 26 million shares. We have seen this before when they tried to support it and it works for a while. The minute by minute chart shows the clean even trades of mostly $2 million shares. They still didn't get any follow through which often happens when traders see some rapid buying. It has been nearly a year now since Shawn Leon spoke of stock consolidation to support the proposed up list and regulation "A" offering. He still can't get it done. They propose to up-list to the New York Stock Exchange while they struggle to keep it trading around $0.0005. 🙄 This stock is clearly on reverse split watch.

Just thought I would pop in after a nice day but seems it's same old bs bickering I definitely don't have time for.... hoping for a wonderful 2025 in the otc treatment center sector. I thinned out some on the last spike and currently down to 40mil shares. Looking for .01 and above. Carry-on now with the bickering, I won't be around to read it.  

Those beer flippers for 0.0001-0.0002 will be sorry soon imo.

Have a great 2025 (longs)

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)