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Empower Clinics Inc 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.


GREY:EPWCF - Post by User

Comment by Smokey1958on Feb 21, 2021 4:44pm
275 Views
Post# 32622608

RE:Warrants can be accelerated in two days

RE:Warrants can be accelerated in two days

The current number of "active" outstanding shares is 293 million. I'm not sure what the number of outstanding warrants is but insiders certainly own a number of these. As Steven McAuley has said recently he certainly isn't exercising those he owns because working capital is something Empower doesn't currently have a shortage of. 

While no doubt there will always be a level of shorting this is a stock that is far more risky than others because of its forward momentum. It would essentially come down to those wanting to short the stock working against others are desperate to get in and be included long on the stock. 

Will there be retracement, possibly and probably ....but the inflection down could be shallow and relatively short-lived (pun intended). If you're playing for pennies or nickels, okay. Buy why would you play for that when the forecast for the business 2021 and beyond represents a significant uptick over the next year or two. Not a game I would want to play when there is only UPSIDE.

Cheers ....and GLTA!!!

7Twiggy wrote:

Unless I am reading it wrong,  Empower can accelerate their warrants at an exercise price of .16 cents a share If the Empower share
price trades at .40 or over for 10 trading days. We had had 8 days of it trading over .40.  In two more days Empower can accelerate. 
This would add another 21,115,000 shares or 6% to the count for Empower bringing their share count up to around 350,000,00.
Not a lot of dilution but might provide somewhat of a buying opportunity.  Last short report volume of shorts increased by 554,303 to 
17,605,577.  New report should be out on Monday. Not sure if this is why we are seeing an increase in shorting.


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