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Empower Clinics Inc. C.EPW

Alternate Symbol(s):  EPWCF

Empower Clinics Inc. is a Canada-based integrated healthcare and medical device company with multi-disciplinary clinics. The Company provides body and mind wellness for patients through its medical clinics, digital and telemedicine care, medical diagnostics laboratories, and sale of medical devices. Its segments include Health & Wellness, comprising clinic operations, patient visits, and telemedicine services; Diagnostics & Technology, comprising the diagnostic testing services provided by Kai Medical, and the sale of medical equipment by Kai Medical Canada Corp. and MediSure; and Corporate. It is focused on offering clinical trial services, such as clinical trial design, patient recruitment, data management and regulatory compliance for the pharmaceutical, biotechnology and medical device industries. It has two clinical research sites in Dallas, Texas, becoming a site management organization (SMO) with six principal investigators (PI) with multiple clinical trials under application.


CSE:EPW - Post by User

Comment by inviolablspiriton Apr 21, 2021 4:01pm
97 Views
Post# 33038894

RE:Hilarious!

RE:Hilarious!Most long-term investors here are not as interested in the covid deals as they are interested in the non-covid deals and expansion.  Covid will come and go, but the expansion will continue for years and years to come.  As Steve mentioned, he doesn't have an end timeline for expansion it will be ongoing.  However, we'll take any additional cash that covid deals can bring into the company.  

Kai labs has been self-sustanining as Steve has not had to provide any money to them from the warrant raise for their expansion.  And Yes, Steve has discussed the expansion of Kai labs many times in which they are in the process of currently expanding it.  And covid deals like the additional $750 000 that empower got will conitnue to fuel the clinic expansions without having to touch the money raised from the warrants.  

The pandemic will slow things down in the business world, like lease agreements and deals being signed, but I believe empower is in a very enviable position compared to many other companies.  I'm very pleased with the progress that Steve and his team has made during this pandemic and we know they is a lot more to come, as hinted by Steve.  I'm not happy with the current share price, but that is not in my control.  Steve's interviews are open and informative and at this point in time has never given me any cause for concern.  Just because some things may not be moving at a pace expected by some shareholders doesn't mean Steve is not completing deals and/or is not in the process of completing lease agreements.  
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