Ethema Health Corporation (PK) (GRST) Noticias

And some have a clueless swifty lead their country that lives off the protection of this country. Maybe try not to insult the majority of people in the country your country so depends on so much. Feel free to take your money out of the market he is about to lead to new highs.

I like the way you weave false information into the questions. Who besides the Leons are the insiders who bought into shares of common? At whatever costs? The Leons included a clause specifically to allow their conversions priced at $0.0005 in the Leonite renegotiated warrant in June 2023. All the while promoting in June and July that the stock should be selling north of the regulation "A" offering price of $0.0012 they themselves are willing to pay $0.0005. The part of the plan where the promotion would position the price well above their buy in has failed. Eileen Greene fed another $250K to keep this limping along in Q3 and you didn't see her buying into that offering.

You might make an effort to justify the $5 million for company value that you threw out there. The original regulation "A" offering was filed in October 2022. The May press release stated that the offering will either be amended or withdrawn by the end of June. I doubt that it will be withdrawn without another amended offering filed because they need the cash badly. I do not see a reverse split until they have an agreement from a "qualified buyer" for the offering. So the stock is worthless at this point in terms of attracting capital or converting debt so what is the company really worth? It isn't attracting any investment for this story other than the high interest notes with ugly default terms back by Ethema, ATHI, and the Leons themselves. So where does this high valuation for the company come from?
Q2- If the outfit is a failure in the making why do the Leons and other insider buyers buy tens of million shares at whatever the cost? Why do those who know do drop tens of thousands $$$ in a company presumably failed or on the verge of failing.

Bubae
Re: pual post# 51392
Wednesday, October 30, 2024 7:01:11 PM
Post# 51394 of 51525
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175311465
The Leons didn't get their shares the way you all did. Shawn Leon wrote himself and his wife a an offering at $0.0005 for their shares which was planned a year ago with the exemption for themselves written into the Renegotiated Leonite warrant. Details with links for all that is in post# 51308. So the Boca and Evernia treatment centers are held by American Treatment Holdings, Inc, (ATHI) with a share structure of its own which is leveraged to the hilt to secure the new debt because Ethema Health's credit is nil. now the new deal for the Kentucky operations was structured under a new entity called "ARIA Kentucky, LLC". Ethema Health can't own anything directly because is is debt ladened trash whose shares are worthless in terms of converting debt or attracting capital. Debt holders want nothing to do with Ethema Health, they will peel away the sheltered assets if they aren't paid. Like the way Shawn Leon is continuing to build that ARIA brand that he owns?Bubae
Re: None
Sunday, November 17, 2024 4:31:06 PM
Post# 51445 of 51525
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175311465
Ethema Health borrowed another $562,500 to get through the third quarter. Eileen Greene, the spouse of the CEO, loaned $250K of that with the original issue discount of $35K. Hey, 14% return at the outset for a short term loan isn't bad. I posed the question of "can a related party buy into a company's regulation "A offering" into the google AI assistant and the the reply below suggests that yes, she could have bought into the current qualified regulation "A" offering with that cash. Once again though, loans to the company by the Leons as in control insiders is much safer. Right? The previous $500K of debt that she converted in July was done through one of the two reg "D" offerings priced at only $0.0005. Let some other fools pay $0.0012 on the reg, "A" offering. 😆Bubae
Re: tigerpac post# 51372
Wednesday, October 23, 2024 7:35:57 PM
Post# 51373 of 51525
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175278625
The company spent a bundle on the June and July promotion and what they found out was that the demand for their stock will not support a regulation "A" offering without a split. Shawn Leon has been talking about a stock consolidation, and up-list attempt to the NYSE since January signaling a very large split. They stated in the May press release that the offering will either be amended or withdrawn by the end of June and still talking about it into August.

Note: Sometime those managing frauds or are sex deviant may not be good people as you suggest but bad people sometime do profit a lot from the mess they created ... some can even become president of USA. Let's be on the winning team and see what comes out of it.

Q1- 6,000:1 or not, that does not change the total value of the company! Right now, this company is worth more or less $ 5,000,000. Many pet shops are worth more than that.
Q2- If the outfit is a failure in the making why do the Leons and other insider buyers buy tens of million shares at whatever the cost? Why do those who know do drop tens of thousands $$$ in a company presumably failed or on the verge of failing.
Q3- Why do a couple of posters (presumably having an hidden agenda) herein show such an enthousiasm at scaring people away from this stock?

Whatever whoever says in here, no one really knows what this all about (???)
On the otherhand, those who know seem to throw money at the stock like crazy (???)

Personally I do not have a clue what lies ahead ... The Leons are crazy and do acquire shares in a failed venture at whatever cost or the company has a future and is currently worth more or less $ 5 000 000 whatever the number of O/S.

My bet: May as well be on the bandwagon of those who do know.

I think when you celebrate buying a company that was just busted for medicaid fraud that’s owned by people that were just busted for child porn that’s a jump the shark moment for a company. Let Leon and his wife have 100% of this thing, they are the ones who created the mess. If he’s a good person as people on this board want to believe than he will be incentivized to make necessary changes for the betterment of everyone involved. He ran a successful program in Canada so it’s unclear why he’s doing everything backwards in the USA.

Close to 45 million shares were bought by
Ceo wife
So she should lose money?? Rip of co?
That co should go bankrupt??

So wonder what happened on the 20th when this nearly fell off the cliff? My comments in post #51466 about the unusual volume on the 20th. We now have a form 4 filed on the 22nd for a couple of purchases by Eileen Greene, the spouse of Shawn Leon CEO, dated the 20th and 21st. We see that she purchased 34,092,551 shares on the 20th which represented 40% of the 83.7 million shares traded that day. The opening high for the 20th was $0.0006 and with the support of insider buying it managed to hold a low of $0.0004. The next day she followed up with another buy of 10,000,000 shares which was 60% of the days trading total of 16.8 million shares to maintain the $0.0005 close.

I posted the days trading on Friday to show that the close got painted to $0.0005 and that the entire days 7.1 million share dump volume of selling into the bid at $0.0004 came during a fifteen minute period around 2:00. We aren't talking about a lot of money but the two tick move from 6 was more than 30%. Someone catching wind of the impending split? Why does it appear that the Leons are so tuned in that they stepped in to support? With the massive split to support the up-list narrative and post split dilution from the offering you have to wonder why it matters. If they can maintain $0.0005 and split to Shawn Leons stated $3 minimum for up-list as an example it would be a 6000:1 split. If it sells off to $0.0001 we are talking about a 30,000:1 split.


Form 4 November 22, 2024
https://www.sec.gov/Archives/edgar/data/792935/000190359624000690/xslF345X05/ownership.xml

Bubae
Re: None
Wednesday, November 20, 2024 1:50:04 PM
Post# 51466 of 51520
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175415980
We had some unusual volume with no apparent catalyst before very recently. June 6th we get the 123 million share volume just before the promotions began to walk it up. We had the Save Change World promotions with Mark Markowski complete with the Shawn Leon interviews, the little insider buying, the acquisition, etc. Who knew what then as well, right?

New review: “Awful experience. Staff has absolutely no compassion towards mental health, therapy is a joke, therapist is constantly using spell check and Google to spell words. Case management is rude and unprofessional. If you're looking for a positive, stable, supportive environment I'd strongly suggest going literally anywhere else because this facility just doesn't cut it.”

A little mark the close manipulation ten seconds before the close to mask the real activity today. 😄Someone unloaded the entire days selling into the bid at around 2:00 at $0.0004.

The current SP says it all. The rich boy has driven this to the bottom of the otc cesspool.

LOL

BIG mistake pual. Never shoulda outed yourself as a libtard. Now you have no credibility

The last thing I would even think of doing is discuss politic with you. Whatever, let's see what's coming in USA in the next 4 years or much less ???

''everyone understands that not only does he need new cash to service the debt ...''
I fully agree that cash infusion is mandatory (when you write something less than destructive wishful thinking I can agree with you).

''Why do you care?'' When you sit by an elephant you hope he will not be doing a stupid thing.
As for being pro GRST (If 50-50 qualify one as being pro) may be non US citizens are as smart (even smarter than some americans). What is your point (assuming you have one)?

God damn right I did.🖕 You must be related to Janet

No one else would be so excited to buy a program that owes millions to the feds because of medicaid fraud, owned by people busted for child porn…in f**king Kentucky. There’s no way Leon will be spending his time in Morehead Kentucky so who really is even running this thing?

Had a great four years under Trump. Then the Canadian styled libs took over and the country for four years and everyone now understands what happens under such policies. Given the landslide win you must be calling most of the U.S ignorant? 🙄 Now your own Trudeau is going MAGA on your border policy? 🤣🤣🤣 I can't stop laughing. 🤣 Talk about crazy times!!! You all are going broke just like the U.S.

Cuts coming to Medicaid to unwind some of the damage it seems. That more than 400 bed operation that Shawn Leon just acquired for essentially nothing in Kentuck is in what appears to be a saturated market. Kentucky according to the article below has "...the most treatment beds per resident in the country". Any wonder why they are talking about Medicaid cuts? Shawn Leons ace in hold must be his ability to unload losses on those trading his stock in the future. You think?
''special kind of ignorant'' I bet you voted crazy Donald (LOL)

Justin Trudeau Admits Immigration 'Mistakes' as Canada Changes Policy
Published Nov 19, 2024 at 7:34 AM EST
https://www.newsweek.com/justin-trudeau-admits-immigration-mistakes-canada-changes-policy-1988094

Bubae
Re: None
Tuesday, November 19, 2024 12:19:54 AM
Post# 51454 of 51509
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?

Addiction recovery company under FBI investigation reducing staff, blames reimbursement cuts
Deborah Yetter Kentucky Lantern October 27, 2024
https://insurancenewsnet.com/oarticle/addiction-recovery-company-under-fbi-investigation-reducing-staff-blames-reimbursement-cuts

Kentucky's largest provider of drug and alcohol treatment is cutting staff and restructuring some services, citing significant cuts in Medicaid reimbursement from the government health plan that covers almost all of its clients.

Increased access to Medicaid funds and a growth in the treatment industry have helped Kentucky expand to the most treatment beds per resident in the country, an accomplishment touted by Beshear.

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. 😃



Bubae
Re: None
Friday, November 15, 2024 8:29:21 AM
Post# 51433 of 51508
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? Leonite note exchange agreement
https://www.otcmarkets.com/filing/html?id=15961451&guid=6DY-kHm8pzCdh3h

Exhibit 10.01
https://www.otcmarkets.com/filing/html?id=15961451&guid=6DY-kHm8pzCdh3h#sfsgrst8k072222ex10_1_htm

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.

🤔 I think you’re on to something there.

Why do you care? You're not even a US citizen. Get your news from the view?

Speaking of foreigners, why is it most of the pro GRST folk on here aren't even US citizens. Lot's of canadians. Why is that? Hmmmmm

''special kind of ignorant'' I bet you voted crazy Donald (LOL)

Lol come on man don’t play dumb. I think you know which one’s you skipped. It’s pretty obvious that their admissions people padded it to push down the bad reviews. Why are you the attack dog for this company? You said you sold it and made money, so why are you helping to suck other people into it? Stop being a troll and talk like an adult. Leon is a big boy he could come on here and speak for himself (unless you are Leon which I think is 50/50 as pual would say😂)

some one else went there an took pics sai it was nice!

Sad man... get a life!

You see how you and B try to spread misleading info... 111 reviews I guess the one was written by B himself. FO

"CHAOS IS ALL I CAN SAY!!! I WOULDN'T SEND MY ENEMY THERE!!! DON'T CHOOSE THIS HELL HOLE"

Review of his treatment center in South Florida. And that’s not even the worst one. This person didn’t seem to think everything was so nice.

He's a nice ceo!

i am so sick of hearing his bs. about how ba company is...he on't own stock...even life is gamble...so sick of hearing about leon being rug ealer...how long o it takes to lose reputation?

Only a liberal would be ok with a drug dealer selling dope to kids and polluting our streets. You are a special kind of ignorant.

''pual admits it’s just a gamble.''
I'm not dumb enough to consider that an INVESTMENT or even discuss it as if it was.
I'm honest enough to admit I do not know how and when the full story will unfold.

That's my point ...
All we know is what did happen in the past and what the status of the company recently was (last fillings)
What you, I Bubae and all of us herein do not know is what is Leon really up to.

You better keep away from the pills man. Maybe GRST can help with your addiction.  Good luck 🖕🏼

I think your arrogance in bailing on this thing before people lost their money is more damaging than anything bubae can say lol There’s no one reading your posts that’s gonna think they should invest in this. You have admitted to shorting it and pual admits it’s just a gamble. Keep up the good work😂

Seriously Mr.Smith... naybe you should do some dd on when I got in-out-in GRST. 

I'm not the one that last ALL my money on GRST and got so mad and frustrated that I bash GRST and Mr. Leon all day, day after day...

Nope, that was Bubae 🤣

There’s no logical reason why you’re so happy with Leon or why you trust him so much😂 I don’t want to be mean to you I feel like you might be a child who signed into your dad’s account. Are you Shawn Leon Jr. or something? That’s the only logical explanation. With your weekly allowance you bought 5 billion shares lol.

Statistics my friend. 2017=.079. 2024=.0005. Which number is higher? You ran a multinational supposedly right so I figure you can tell which number is higher than the other😂

That forecast assumes you know more than any of us. Not credible because it's just based on your own frustration with the current situation.

Surprise, I agree with you. The crazy scenarios Bubae creates do require ''thousands people that are dumb''.
Once again, Bubae created an irrelevant scenario supporting his objective.

According to you, Leon is a crazy crook who believes reverse-splitting to make the shares worth $3 will do anything but open the door for a crashing PPS (i.e. drasticly reduce the market value of his outfit)
''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''. Why would any investor chip in millions to buy preferred shares into a fail company (according to your writings)?
If you are right, Leon is an outstanding manipulator knowing many crazy potential investors he believes he can fool.
On the otherhand, if Leon knows many non crazy potential investors, ready to invest on a large scale into GRST, i suggest he can outline quite a great story only him knows about for the moment (???)
Honestly, I think you just keep disparaging Leon, imagining stupid scenarios that will never be (for whatever your motivation is).

NOTE: Whoever wants to BET on this stock must understand the odds are 50-50 considering no one really knows wha Leon is up y

''Looking at the cash burn for Q3 how much longer can Shawn Leon wait.'' ?
You have alluded to this consideration for almost 3 years right now but, since you proved yourself to be wrong for years and Shawn Leon is still alive and operating. Q: - Why should anyone give you credibility?
A: - For nor logical reason whatsoever. Advising blindly and negatively relative to a binary possible outcome is ok but ridiculous.

Personally I suggest you may be right (50%) or you may be wrong (50%)

99/1. 99% chance of failure.

99/1. 99% chance of failure.

''As a manager of a US Multinational'' ... I've been an executive of a Multinational and would never relate the environment of that with the situation of a sub-sub-sub-penny OTC stock whatever the topic.
Management of GRST is trying to resurect an almost failed outfit of the past and that by definition is a high risk context to throw money at.
That they make money as manager running the game is normal and, if one only looks at that consideration the risk is quite infinite.
On the otherhand, if management accumulates shares (up to controlling the company), one coud assume that they have reasons to believe they can succeed and prove it by reporting quaterly.
Are they full of it? Maybe
Are they naive? Maybe
Are they crook? I personally doubt it (but know as much as any herein)
That's why I look at it as a 50-50 BET instead of stupidly analysing it back and forth as if it was a serious blue chip stock.
That, at this point in time, you decide to take your BET out of the GAME, may be the right thing to do for youself but I (not having that serious a bet on the table) do not mind riding it somewhat considering the rerturn if Leon succeed at resolving the debt issue somekow.
That's why I say it is a 50-50 bet, not in INVESTMENT

Sorry Mr Smith... you were not even worth mentioning 🤣 he didn't say anything about you. 

If Leon could find a few thousand people that are as dumb as you are than he’d really be cookin’😂

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.


Shawn Leon June 15th podcast.
https://share.vidyard.com/watch/6RVaHTg9LWFE5on8nrgTWH

Shawn Leon January podcast


Shawn Leon July 18 podcast

What exactly are you expecting he’d say, “It’s all a ponzi scheme, don’t buy this shit.”😂 There’s no way you are this naive. Assuming you actually talked to him, which you said anything of value that proves you spoke to him.

He said you are an IDIOT! 🤣 but not in that much words 🤡

Maybe you need to contact him yourself.... cause only my loved ones get this info and you are not one of them 🤮

Yeah, what did he say hot shot? 🙄 Shawn Leon argued that the stock was way under priced in all five podcasts since January yet he and the wouldn't convert the dubious debt owed to them for anything more than the $0.0005. Looking at the cash burn for Q3 how much longer can Shawn Leon wait. He has been talking about the split and offering since January. Right now that split would be a minimum of 6000:1 considering what Shawn Leon has claimed to be a minimum up-list price of $3.00. But so called growth and up-list are just cover for the million that he claims they will raise from the regulation "A" offering. I contacted Mr Leon yesterday. Those 0.0005s today are a gift imo 🧐

Bubae
Re: pual post# 51392
Wednesday, October 30, 2024 7:01:11 PM
Post# 51394 of 51475
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175311465&txt2find=exemption
The Leons didn't get their shares the way you all did. Shawn Leon wrote himself and his wife a an offering at $0.0005 for their shares which was planned a year ago with the exemption for themselves written into the Renegotiated Leonite warrant. Details with links for all that is in post# 51308. So the Boca and Evernia treatment centers are held by American Treatment Holdings, Inc, (ATHI) with a share structure of its own which is leveraged to the hilt to secure the new debt because Ethema Health's credit is nil. now the new deal for the Kentucky operations was structured under a new entity called "ARIA Kentucky, LLC". Ethema Health can't own anything directly because is is debt ladened trash whose shares are worthless in terms of converting debt or attracting capital. Debt holders want nothing to do with Ethema Health, they will peel away the sheltered assets if they aren't paid. Like the way Shawn Leon is continuing to build that ARIA brand that he owns?