HUGE GRST DD POST!! - READ EM or WEEP -- GRS
Post# of 161
--
GRST CANADIAN ASSETS
https://www.accesswire.com/455147/GreeneStone...in-Florida
Minimum 6 million dollars clear asset from selling the clinical operations.
Plus 3 million dollars cash performance payment
9 million dollars cash minimum retained.
Plus rental income
And this is only for the single Canadian property described below.
The following was acquired by GRST
GRST has completed the acquisition of all of the stock of Cranberry Cove Holdings, which owns the real estate used by GRST addiction treatment facility in Muskoka, Ontario.
So here we see that GRST acquired all the stock or all the rights to Cranberry Cove Holdings...GRST became the owner of the property ...Cranberry cove holdings owned the real estate the property that GRST was using as the addiction treatment center.
It was the CEO of GRST who through his other business entity Leon Enterprises that owned the property of the addiction treatment centre which transferred or sold it to GRST.
The acquisition of Cranberry Cove Holdings was from Leon Investments, which is owned indirectly by Shawn Leon, the President and CEO of GRST. The value that Leon investments received in return for transferring the property to GRST was the issuance of 60,000,000 shares of the GRST common stock to Leon Investments, valued at US$0.03 per share.
The total consideration paid by GreeneStone was CDN$10,000,000 and was funded by the assumption of existing debt on the real estate, the cancellation of certain indebtedness owing to GreeneStone in the amount of CDN$659,918, and the issuance of 60,000,000 shares of the Company's common stock to Leon Investments, valued at US$0.03 per share.
659 000$ plus 1.8 million in shares equals.. 2 459 000$
$7 500 000 on the mortgage
The first-class treatment center in Canada was developed and built by Grst, which employed modern techniques and philosophies to successfully treat hundreds of clients.
The operational assets of this clinic were sold for 10 million dollars plus a 3 million dollar bonus.This show us how successful it was, the purchaser bought the operations of the clinic for 13 million dollars. The purchaser did not buy the property....the land but only the operational section of the business.
The sale of the operation assets of the clinic was for a total consideration of CDN$10,000,000, plus an additional CDN$3,000,000 performance payment to be received in 2019 if certain clinic performance metrics are met.
GRST through its newly acquired subsidiary, will own and lease the Muskoka clinic building to the purchaser of the clinic's operational assets.
So minimum Grst received 10 million dollars from the asset sale
Or 13 million if the clinic meet performance numbers.
From that amount the 13 million GRST only used 3.8 million dollars canadian or 2.9 million US...to finance the new purchase of the property.
The purchase price for the Seastone assets was US$6,150,000, financed with a purchase money mortgage of US$3,000,000, a US$250,000 convertible promissory note from one of the sellers of the assets, and US$2,900,000 cash.
That would leave 6 to 9 million dollars CASH...left from that sale of the operational assets of the clinic.
So it would seem that GRST it sitting on some nice assets, and holding some cash assets also. No wonder they were willing to pay 250 000$ penalties not to disclose what they have. Once again this is only one property.
To ask me the price I think the pps will go to is hard to say friend.
I have seen so many different pps movement happen to different companies that it’s hard to have a base line.
Garbage companies pumping and dumping running from 0005 to 15 cents...
Then we’ll positioned companies struggling to hold 2 cents.
I want to know what further assets they have. If you try to track Shawn’s assets he has a few different companies he hides his assets in different holding companies.
$500 000 to 1 million per bed......this is a huge revenue increase. Even if they are just starting the potential revenues are there and the market will like this fact. I believe I read in their reports that they are now getting clients from insurance company referrals, along with internet advertisement...if this is true the beds will fill up quickly.
If they can close on the Covid Clear then that’s another level all together. With the exclusive rights Shawn grabbed for Grst to distribute the product and his connections in the field this go generate a very nice revenue stream quickly.
With enough good news and the great potential revenues we will see silver on this run...I believe...how high of silver depends on what they accomplish. We have to understand that instantly GRST is going to change from having little potential revenues to expanding Into the tens of millions if not a hundred million dollars per year just with the 51% ownership of the addiction Centre. The capacity is there to generate this revenue stream for the infrastructure is now present. The market will take note and this will move it. How many pink sheets do you know that change from having little revenue to having the infrastructure and ability in place to generate 10 of millions of dollars, This alone should drive the pps into silver land.
If they begin to announce that they already have clients in wait to get into treatment then this will definitely shoot the pps up like crazy.
Adding to this the Covid Clear business and now I believe we are talking over 10 cents easy.
If they are planning on up listing and trying to match the other two health addiction companies that were brought out through another traders dd posts then things have to happen from now going forward.
Don’t forget they also have to deal with a few things come October which I believe will be taken care of with cash money. Further to this then they would want to adjust the share structure. if this is the plan to uplist, which I believe it is then by numbers in order to uplist and have a decent OS they would have to let it run anywhere from 20 cents to 40 cents right now then adjust the share structure under a 1 for 10, bring it down to 180 million with a pps of 4$ and go uplist.
It depends on what they want the OS to be down the road. I think it’s about 180 million could be 90 million but if you work with those numbers then you can get a target.
Now I will really seem like a foolish guy here to some but like I said I have seen a lot my friends. With enough hype and information about the potential revenue coming into this company, with the OS as is frozen and locked, they could let it run upto 1$ or more 1.50$....the revenue stream from the beds at the addiction Centre would support this market movement due to the high level of revenue this addiction Center can , will generate... it is then at that point they will complete the adjustment of the OS and the pps would now be on par with those other two companies 10, 15 or 20$ with the adjusted OS.
So yes I think it’s going to get crazy here the next few weeks....
What I don’t think is happening here is a run upto a few pennies and back down....we are on the start of a journey upwards....