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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

Post by Bonsaion Mar 07, 2021 9:11am
321 Views
Post# 32738199

Amazing!

Amazing!Thanks to luma onYahoo board:
Buying and Holding with Diamond Hands. Let's review the last year's PRs, shall we? 1 YR Ago, Empower had Corporate Medical Clinics in Arizona & Oregon (Sun Valley division) and a CBD manufacturing plant.
Apr 1/20 - Visits up 593% YOY for Empower's Corporate medical Clinics
Apr 13/20 - Telemedicine Health Platform is launched. 165,000 patients
Apr 17/20 - Patient visits up 480% in 2 wks
Apr 27/20 - Antibody blood draw tests offered in Arizona
May 5/20 - Corporate Patient visits up 871% YOY
Jun 2/20 - Business employee testing launched
Jun 11/20 - Starts covid testing in Oregon
Sep 10/20 - PCR testing in Arizona clinic by Kai (capacity 2,000 PCR tests in 8 hrs)
Oct 6/20 - Empower acquires Kai (4,000 PCR test capacity
Oct 7/20 - Kai testing contracts for Disney film & 5 others
Oct 19/20 - Partnership w Loop for venue tracing & travel bubble solutions w frequent PCR & Antigen testing
Oct 21/ 20 - Empower acquires 6 Clinics in Toronto (Momentum Health)
Nov 16/20 - 9,000 test order for a Film
Nov 19/20 - PCR test to differentiate Flu A/B from Covid
Nov 20/20 - Signs distribution agreement for Antigen tests w API Pharma
Dec 2/20 - FDA approves Kai Saliva PCR test
Dec 8/20 - MOU signed w SimplyFlying (Leading Aviation mkt'ing firm)
Dec 17/20 - Empower now owns 7 Clinics in Toronto. Dr Rabinowitz & Dr Tsimerman strategy to open 30 more Clinics
Jan 7/21 - Sold out 5,000 tests. Order for 25,000 more PCR tests for film, TV, & Arizona Clinics. 24 hr results.
Jan 21/21 - Plan to double Kai Lab's size. Q4 sold 6,000 tests at $150 each.
Jan 22/21 - Kai tests & Loop partnership for Golf Championship venue bubble
Feb 1/21 - Contract to provide Saliva PCR tests for Dallas Mkt Centre (5 Million sqft Wholesale Trade Centre)
Feb 9/21 - Partnership w Rexall to launch Integrated Health Centres within Rexall Pharmacies across Canada
Feb 10/21 - Secures Medical Device Establishment License (MDEL) status to sell self-administered Saliva PCR tests in Canada
Feb 16/21 - Kai surpasses 1,000 saliva PCR tests processed in 1 day. Plan to Triple Kai Lab size.
Feb 18/21 - Kai demonstrates significant validation to detect UK and S. Africa variants
Feb 25/21 - Launches 3 Integrated Health Centres: 2 in Etobikoke & 1 in London, Ontario. Each generates $2.5-3.6 Million annually. Many more Clinics are in various stages of development to open in Q2.
Mar 4/21 - Empower pays off Debt. Strong balance sheet: 13+ Medical Clinics, Kai Labs and a CBD manufacturing plant.

Reviewing this, I conclude Mgmt consistently develops business deals, contracts, new Clinics, partnerships, and expands capacity to generate revenue. Safe to conclude this growth will continue - but much more rapidly.
 
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