U.S. markets open in 1 hour 5 minutes

Ethema Health Corporation (GRST)

Other OTC - Other OTC Delayed Price. Currency in USD
Add to watchlist
0.0037-0.0001 (-2.63%)
At close: 3:57PM EDT
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Previous Close0.0038
Open0.0040
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0035 - 0.0040
52 Week Range0.0006 - 0.0150
Volume5,525,365
Avg. Volume16,414,156
Market Cap8.398M
Beta (5Y Monthly)1.69
PE Ratio (TTM)0.74
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
N/A
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Ethema Closes New Financing
    GlobeNewswire

    Ethema Closes New Financing

    West Palm Beach, FL, June 09, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Ethema Health Corporation (OTCPINK: GRST) (“Ethema” “GRST” or the “Company”), is pleased to announce that the Company received a new fixed rate convertible note financing from Labrys Fund, LP. The details have been released in an 8-k filed today with the SEC. The Company closed on a one year convertible note in the face amount of $230,000.00 including an OID of 10% and a fixed conversion price of $0.004 per share. The Com

  • Ethema Repays a Significant Portion of Its Convertible Debt
    GlobeNewswire

    Ethema Repays a Significant Portion of Its Convertible Debt

    West Palm Beach, FL, May 17, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Ethema Health Corporation (OTCPINK: GRST) (“Ethema” “GRST” or the “Company”) is pleased to announce that the Company has made a substantial change to its debt position. The details have been released in an 8-K filed today with the SEC. At the end of April, payments on one of the Company’s convertible notes were due in addition to the expiration of the rights of repayment on several of the other convertible notes owed by the Company. As part of the Company’s focus on dealing with its debt announced on April 28, 2021, the Company closed on a one-year convertible note in the face amount of $550,000.00 including an OID of 10% and a fixed conversion price of $0.005 per share. The Company used the proceeds of the loan to repay three of its lenders notes completely. The notes that were repaid were notes owed to Geneva Roth Remark Holdings in the face amount of $88,000 which required a payment of $119,449.27, FirstFire Global Opportunities Fund in the face amount of $138,888.89 which required a payment of $164,913.20, and Auctus Fund in the face amount of $100,000.00 which required a payment of $110,000. An additional note due to Geneva Roth Remark Holdings in the face amount of $53,000.00 has a prepayment right that expires on May 24, 2021 and will also be repaid from the proceeds of the loan. These repayments reduced substantially the amount of debt that would be converted into common stock and fixes the rate of conversion on the new loan so that dilution to the Company’s existing shareholders was brought down substantially. A portion of the money due at the end of April was converted to restricted common stock and after repayment to one of the lenders that lender exercised its warrants. The result of the conversions and exercise of warrants were far less dilutive than what was possible had the notes not been repaid. Mr. Shawn Leon, the CEO of the Company, stated, “We have dealt with a major portion of the potentially dilutive debt the Company was exposed to and eliminated a portion of the Warrants outstanding. Replacing this dilutive debt with a fixed rate convertible debt was a major vote of confidence by one of our existing lenders. The Company will continue its efforts to reduce or restructure the debt outstanding as a major priority of the Company as we strive to build value for our Shareholders.” About Ethema Health Corporation Ethema Health Corporation (OTCPINK: GRST) operates in the behavioral healthcare space specifically in the treatment of substance use disorders. Ethema developed a unique style of treatment over the last decade and has had much success with in-patient treatment for adults. Ethema will continue to develop world-class programs and techniques for North America. For more information you can visit our website at www.ethemahealth.com . Notice Regarding Forward-Looking Statements The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. For information please contact: Ethema Health Corporation Text to 416-500-0020 shawn@ethemahealth.com Twitter @healthethema

  • Ethema Acquires Larger Interest in ARIA Treatment Center
    GlobeNewswire

    Ethema Acquires Larger Interest in ARIA Treatment Center

    West Palm Beach, FL, April 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Ethema Health Corporation (OTCPINK: GRST) (“Ethema” “GRST” or the “Company”) is pleased to announce that the Company will be increasing its stake in the ARIA treatment center by executing a revised purchase option as it nears the closing of the purchase of a majority interest in the ARIA treatment facility in West Palm Beach, Florida. The ARIA facility has been become profitable and cash flow positive in the first few months of operation after it became an in-network provider to Blue Cross and Blue Shield of Florida, Inc. (“Florida Blue”). ARIA is contracted to provide services to holders of HMO policies under the Florida Blue, My Blue and other Blue Cross brands. The construction buildout of the first floor of the treatment center is underway and will soon allow for an increase to the number of beds the treatment center can provide on its second and third floors of the center. Capacity will increase from 40 to 52 beds. ARIA has hit a high occupancy of 36 beds recently and the additional beds will be needed in the near future. The Company has worked together with the Seller to create a tremendous platform for growth with the ARIA treatment center and together crafted a revision to the original agreement that gives the Company a larger share of the business and more closely aligns the interests of the Seller with the shareholders of the Company. The Company will increase its ownership in the treatment center from 51% to 75% and in addition to a payment of $50,000.00 for the added interest, the Company will issue to the Seller one hundred million shares of the Company common stock. The change of ownership requires the approval of the Florida Department of Children and Families and it is expected to close in late May, 2021. The Company will be able to report the financial operations of the center in its second quarter filings. Since the restructuring that occurred in June and July of 2020, The Company has created significant value for the shareholders and the revised agreement further increase the value to the shareholders. The Company required debt capital to fund the start-up of the new treatment center and now must turn its attention to managing the repayment of the debt while maintaining shareholder value. The Company expects to make significant progress on the debt in the coming months while it continues to grow the treatment center business. The Company announced MOU with Sparta Capital Ltd. is moving towards more definitive agreements on a structure for a joint venture to roll out a multi-faceted solution to creating safe workspaces. The ARIA treatment center has continued to have great success in the use of Covid Clear (hypochlorous acid) in the treatment of the of the working and living space at the treatment center. “We have seen first hand the effectiveness of the use of hypochlorous acid in protecting our workspace and we are excited to be part of an effort to bring this solution to other workplaces in North America,” said Company CEO Shawn Leon. “Restructuring the Company and creating a tremendous treatment center asset during the Pandemic has been a challenge. We have succeeded and are now poised to make even more significant strides as the Company and the economy start to get back to work safely.” About Ethema Health Corporation Ethema Health Corporation (OTCPINK: GRST) operates in the behavioral healthcare space specifically in the treatment of substance use disorders. Ethema developed a unique style of treatment over the last decade and has had much success with in-patient treatment for adults. Ethema will continue to develop world class programs and techniques for North America. For more information you can visit our website at www.ethemahealth.com . Notice Regarding Forward-Looking Statements The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. For information please contact: Ethema Health Corporation Text to 416-500-0020 shawn@ethemahealth.com Twitter @healthethema