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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 Smokey1958on Oct 29, 2021 8:02am
300 Views
Post# 34062200

RE:RE:Good bye

RE:RE:Good bye

Great post, Risky! This is primarily because it, in a nutshell, expresses the challenges of investing, generally ....and more specifically investing on these junior exchanges. Patience and nerves of steel are almost prerequisites for dealing with the uncontrollable.

Having said that one has to respect and wish Twiggy well for making that decision. On the other hand, holding long on CBDT does not appear to make you an idiot but an investor, that having carried out significant DD, is willing to wait out the storm that is the manipulation and uncertainty of a burgeoning company. Even a most conservative view has Empower adding no less than $15 million to the annual run rate of the company. In that I'm using $2 million for Medisure, $1 million for each of the existing clinics and the acquisitions that are in the works ....Kai for me is still an outlier until there are some numbers.

Based on this ....and with a series of clinic openings well into 2022, I don't think it would be a stretch to consider that Empower could be a company with a projected annual run rate of over $50 million by the end of 2022. How that affects the sp is anyone's guess ...even if rationally it should be significantly north of what it is today.

Cheers!!!


RiskyBiz928 wrote: Good buy? If you had my luck, this would skyrocket after you sold... which is why like an idiot I hold. All this good news has to pan out someday (insert Twilight Zone music here).

 

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