Empower Clinics Inc. C.EPW

Good bye

[7Twiggy]

Took a loss and cleared the deck and sold all my Empower yesterday.  Just was tired of the ever ending news releases and seeing the stock drop.  It is like the shorts and money managers just wait for these events to drop the price.  Like getting stuck in a Saskatchewan snow storm. No matter how much sand we put under the tires the car will not pick up any traction.  Also getting a bit concerned about how they are going to fund these new clinics.  Thought a bought deal was not far before but now think it is even closer.  One other thing that always bothered me was the association with the past management at Agra and those of you following that ss at Agra wonder what the two had in common.  Looking on the positive side, I have a tax loss.

[burnout29]

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[RiskyBiz928]

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).

[burnout29]

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[Smokey1958]

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

[Illiter8]

Bahahah $50 million this thing cannot wven post positive revenues and you're talking about $50 mil bahahha wkae up buddy

[burnout29]

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[jimhighforrest]

They have been buying the new clinics with common stocks and sell the Sun Valley in the same way, meaning the outstanding shares increases by at least a million each time and the value per share gets diluted by each transaction announced. To be fair, the new acquisitions will bring in new revenues but the math here perhaps only the management knows and keep to themselves

[Smokey1958]

Jim, I don't think the addition of 1 million shares for each transaction would create much dilution as each addition represents only .3% of the number of outstanding shares, As you suggest it is about the math. If a transaction costs you a million shares (which would be around $400,000 at the current sp) and has forecasted revenue of between $1.5 million and $2.5 million ....the investment

[Samali]

Even add share , but this add revenue in each transaction