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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

Post by Smokey1958on Dec 20, 2022 8:29am
499 Views
Post# 35181621

Not Here to Defend Steve.....

Not Here to Defend Steve.....

.....and in spite of a failure by some to do anything but blame others for their losses the junior markets are what they are. Having said that it is obviously clear that Steve (and many investors) realized or have recently come to the conclusion that bricks and mortar clinic expansion without significant capital was mired in uncertainty in spite of best intentions ....especially if the humble beginnings were in Canada. Some, including me, looked too far ahead to expansion into the US ....the proverbial cart before the horse. Covid didn't help this and thank goodness Medisure was acquired.

While the road is uncertain for me it was a time to average down and try to recoup. Having bought, sold and bought some shares between $.02 and $.07 the average is now $.065 ...
with a lot more shares. By diversifying into dividend generating stock there is now free capital to invest.

The road travelled for any stock on the TSXV is fraught with "crazy", unpredictability and uncertainty. Whether Steve can inspire confidence again has and is always based on a personal sentiment and DD. Moving toward sole distribution rights for diagnostic products specifically in the US market appears a move in the right direction.

 

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