Evernia

Ethema Extends Dates for Debt Repayment and Real Estate Closing

Retrieved on: 
Wednesday, March 1, 2023
Marketing, EBITDA, Family, Letter, ARIA, Reg, Partnership, Acquisition, PALM, Mecum Dealmakers, Evernia, Series, Completion, Calendar, Commercial property

The Company has also extended the closing on the purchase of the real estate at 950 Evernia Street for a period of 120 days from February 1, 2023 to June 1, 2023.

Key Points: 
  • The Company has also extended the closing on the purchase of the real estate at 950 Evernia Street for a period of 120 days from February 1, 2023 to June 1, 2023.
  • Each successive thirty-day extension will cost the Company an increasing fee amount that would reach a total of $70,000.00 if all extensions are used.
  • The Company is pursuing other options for the real estate ownership that would not only get the Company its deposit money out but allow it to get additional funds from the real estate which could be used to eliminate debt.
  • Once a final agreement is reached, there will be a short due diligence period followed by a thirty day closing period.

Ethema Granted Full Licenses, and Updates Progress

Retrieved on: 
Friday, September 24, 2021
COVID-19, DCF, Addiction, Exercise, Overalls, Income, Evernia, PHP, Partial hospitalization, Acquisition, University, Company, Palm Beach, ARIA, County, Bed, City, Time, GLOBE, Department, Property management

Aria has been operating with probationary licenses since Ethema closed on the acquisition of ARIA on July 1, 2021.

Key Points: 
  • Aria has been operating with probationary licenses since Ethema closed on the acquisition of ARIA on July 1, 2021.
  • 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 .