Empower Clinics Inc EPWCF

RE:2021 ....and WHY the Numbers Matter

[GalAnonymous]

@Kashmanbio, let me quote another great investor below... If you look back at our previous posts you will find lots of back-of-the-envelope math here.. All we know for sure is that it will be way higher than previous quaterly financials due to Kai Lab aquisition at the beginning of October, 2020. The Q4 results will be out by the end of April so we shall find out very soon! Hope that helps!

Smokey1958 wrote: These are the net revenues per quarter for CBDT from Q1 2019 to Q3 2020 in $US.

$153,000, $593,000, $663,000, $625,000, $789,000, $924,000, and $643,000*. Talk about a change in direction. Q1 2020 compared to Q1 2019 is a 500% increase ....WOW!

* This was a consequence of a reduction in patient visits to the clinics in the US and may have had something to do with the second wave of Covid in the US.

I love this comment in the MD&A for Q3 2020

"The Company has a limited operating history, which can make it difficult for investors to evaluate the Company’s operations. As a result, the prior periods shown in the above table are not necessarily comparable and should not be relied upon as an indication of future performance." .....no KIDDING!!!!!!

Q3 ended on September 30, 2020. Kai Medical was acquired in October.

Q4 2020 will blow the doors off their previous record high during Q2 2020 .....and Q1 2021 will be another quantum leap forward. Imho by the time Empower hits the end of Q3 2021 financials will be showing revenue in the tens of millions not hundreds of thousands.

For those HOLDing LONG ....and for those few left who are bashing ....the numbers matter and they don't lie.

Have a great night!!!!