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EMPOWER TECHNOLOGIES CORP V.EPT

"Empower Technologies Corp is Canada-based investment holding company. The company is primarily engaged in providing innovative technology products and solution to industries. The company product portfolio includes services like VoIP service, hosted PBX, TV, IT, security and surveillance solution. The company possesses market recognition under the brand name AIC, LEOs, BullsEye and, PowerPlay. Most of its revenue is earned from the Canadian market."


TSXV:EPT - Post by User

Bullboard Posts
Post by glenthorneon Jul 23, 2008 2:33pm
558 Views
Post# 15322051

As I See It

As I See ItI was at the AGM and came away prepared to hold and possibly add to my holdings through the next 2-4 months. The PND was  working, but frankly, it's no big deal IMHO. I believe that  the future is with the types of applications covered in the contracts that have been announced as opposed to the commodity units that are sold at Best Buy and other retailers. (Not that I'd knock a sales announcement. ) I believe that the salesforce is generating leads and that they will translate into more signed contracts in a number of areas; transport, auto, military, security(RFID), encryption etc. A couple of things that must happen before the end of August are the attraction of new investors (individual or funds) and a program to promote the company either through IR/PR companies. This will entail the company doing road shows to TO & NYC as well to get in front of potential investors. It was acknowledged that the company would be going to the market by yearend to raise capital.   Hopefully there will be analyst coverage within the same time frame.  Lets face it, as of right now, the company is only known to a handful of brokers and clients.  My timeframe is options expiration in November. Overall, Paul was fine, but as always guarded due to liability concerns. He did Q&A for about an hour and only quit when the room had to be emptied for the next clients. GLTA
Bullboard Posts