From an equity ananlyst's report:
GRST Corporate Description:
“GreeneStone Healthcare Corporation (GRST) operates medical and healthcare clinics in Ontario, Canada. GreeneStone's clinics serve to add overflow capacity to an increasingly stretched provincial healthcare system, and provide private alternatives to publicly available healthcare services. Its four medical clinics (three in Toronto, along with a facility in Muskoka, Ontario) offer various medical services, including addiction treatment, endoscopy, minor cosmetic procedures, and executive health care services. The Company currently has more than 60 employees and is based in North York, Ontario.”
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GRST Management:
Name Age Position Director /Officer Since:
Shawn E. Leon 54 Chief Executive Officer, President, Director November 2010
Dr. Luke Fazio 37 Director May 2010
Michael Howlett 67 Director April 2011
Ken Lorimer 58 Chief Financial Officer March 2013
Shawn E. Leon, age 52, Chief Executive Officer, President, Director: Shawn E. Leon has been an officer and director of the Company since November 2010 and served as the President of the Company’s subsidiaries at all times. In April 2011, Mr. Leon as appointed as the Company’s Chief Executive Officer. Prior to joining the Company, Mr. Leon held the role of President of Greenestone Clinic Inc., Leon Developments Ltd, Port Carling Inn Developments Ltd., 1871 at the Locks Developments Ltd. and JLeon Developments Ltd. since 2008, 2008, 2008, 2008 and 2006 respectively. Mr. Leon graduated with Honors in Business Administration, Wilfrid Laurier University in 1982. Mr. Leon was elected to the Board because of his prior management experience.
Dr. Luke Fazio, age 37, Director: Dr. Luke Fazio, MD, CM, FRCSC has been a member of the Company’s Board since May 2010. Dr. Fazio completed his medical school training at McGill University in Montreal in 1999. He performed his training in Urology at the University of Western Ontario and became a fellow of the Royal College of Surgeons of Canada in 2004. Dr. Fazio went on to a fellowship in endourology and minimally-invasive surgery at St. Michael’s Hospital in Toronto in association with the University of Toronto. Dr. Fazio has been on staff as an attending urologist at Kingston General Hospital in association with Queen’s University. Dr. Fazio is currently on staff at Humber River Hospital in Toronto, practicing general urology with a special interest in the management of urinary stones and minimally-invasive surgery. Dr. Fazio was elected to the Board because of his business and medical knowledge.
Michael Howlett, age 67, Director: Michael Howlett has served as a member of the Company’s Board since April 2011. Mr. Howlett brings more than three decades of experience in the private sector. He currently serves as the Chairman and Chief Executive Officer of Carmichael & Holmes Inc., a California based consulting firm specializing in corporate governance and communication and providing these consulting services to clients throughout the United States, Canada, England and Europe. Prior to joining Carmichael, Mr. Howlett served as Chief Executive Officer and Chairman of the Preston Group (“Preston”), an office furniture distributor. In his role at Preston, Mr. Howlett was responsible for strategic planning, operations and mergers and acquisitions. Additionally, Mr. Howlett served as the President and Chief Executive Officer of the Canadian Diabetes Association from September 2003 to April 2008, leading the organization to national and international recognition through its research, education programs and influence in changing public policy. In 2008, Mr. Howlett accepted an invitation from the Canadian Government to direct the two-year launch of the Mental Health Commission (“MHC”). Mr. Howlett developed the financial, strategic and operational framework that would support the MHC’s ten-year mandate to generate awareness and understanding of mental health. Mr. Howlett was added to the Board for his invaluable experience in the Mental Health field.
Ken Lorimer, age 58, Chief Financial Officer: Ken Lorimer was appointed as the Company’s Chief Financial Officer in March 2013. Prior to Mr. Lorimer’s appointment, he served as the Company’s primary accountant from March 2011 to March 2013, where he oversaw all of the Company’s accounting functions. Prior to joining the Company, from January 1994 to February 2011, Mr. Lorimer operated as sole practitioner providing management consulting services to various companies in industries from manufacturing to real estate development. Prior to starting his management consulting practice, from 1984 to 1993, Mr. Lorimer served as the Chief Financial Officer of Terrazzo Mosaic & Tile Company Limited, which was one of the largest commercial finishing trade companies in North America. Mr. Lorimer received his Bachelor of Business Management from Ryerson University in 1979.
Beneficial Ownership: As of 4/1/13, all current directors / officers and 5% owners together beneficially owned 11.4 million shares, or approximately 45% of the then outstanding common shares. The largest shareholder was CEO Shawn Leon, with 6.8 million shares.
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Introduction:
GreeneStone Healthcare Corporation (GRST) operates medical and healthcare clinics in Ontario, Canada. GreeneStone's clinics serve to add overflow capacity to an increasingly stretched provincial healthcare system, and provide private alternatives to publicly available healthcare services. Its four medical clinics (three in Toronto, along with a facility in Muskoka, Ontario) offer various medical services, including addiction treatment, endoscopy, minor cosmetic procedures, and executive health care services. The Company currently has more than 60 employees and is based in North York, Ontario. GRST operates through two wholly owned subsidiaries:
GreeneStone Muskoka Addiction Treatment Facility: GreeneStone provides expert care in the treatment and recovery of those with substance abuse issues, offering a comfortable and private environment where executives and professionals are able to find the individualized care that they need. Located in a resort setting in scenic Muskoka, Ontario and equipped with holistic spa services, delicious, nutritious and seasonal menus offered through its Lodge Restaurant, and a full suite of fitness and recreation facilities, GreeneStone is a place where patients can heal, rest and recover while under the care of a multidisciplinary team of skilled and experienced professionals. GreeneStone physicians, psychiatrists, psychologists, therapists, nurses, nutritionists and physical fitness experts work collaboratively to produce the best treatment outcomes.
MM didn't start it. That rumour was on here last year after crackgate. And other UTers have said they have heard the same rumours. Jimmi T ( I believe) said that he had heard it was a girl from Dixon. 
