Empower Clinics Inc EPWCF

Healthcare Medical Care

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.

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Empower Clinics Inc

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Post by SuperMoneyon Sep 19, 2020 9:56am

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Post# 31586748

Questions

Hi, I am new here. After read the financial reports and did some DD, I found that At June 30, 2020, the Company had a working capital deficit of $3,503,452. And also the company has about 190 million of total shares, which is quite big. Is there any possibility for the share consolidation/rollback by the company in order to raising more money for keeping their operation? And also why people keep large selling at 0.035-0.04? Where are those large shares coming from? This is the major concern for me. Any thoughts about this? Thank you guys in advance.

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