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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 Apr 08, 2021 5:57pm
145 Views
Post# 32963770

RE:Questions and concern's

RE:Questions and concern's

Whete is the beef? With all due respect I'm not sure how fast you think all this should happen. 

1. Clinic rollouts ....the NR for the first 3 was on February 25, 2021. Steve suggested in his most recent interview that several more are pending. So it hasn't been months ....it's hardly been one month.

2. Did you not get the NR on the increase in patient visits to the American clinics ....460%. By the way that was announced yesterday.

3. Kai Medical is not a covid play ....but to answer your question concerning covid tests they are now in Canada and they are bidding on American contracts ...and oh ....the annual run rate of revenue for the Kai Labs division generally is now $10 million. (March NR)

4. I could go on but you can read the NRs just as well as anyone. I don't know which shareholders you are referring to that have concerns .....but all I read from posts here is how excited investors are to hold shares of this company.

So actually I'm not sure you have any valid concerns. The sp is up 100% from a couple of months ago and astronomically higher from the beginning of last year. Not sure what YOU were expecting but from my perspective the company is doing all they can at a rate that is practically unheard of in the business world.

Cheers!!!


1Hornet wrote: I can appreciate the step by step approach of doing it and doing it right. This is the proper way to build a business. We've watched the video interviews, done the speculative math however has there been any new  movement on the clinic roll outs? We all know about the three rolling out in Ontario Canada. Are there any more? The foreward looking statements claimed up to 30 by year end but we haven't heard of any new start ups in months. The tele health is ground breaking and the range of testing is exceptional, especially with the dermatology tests.
As for the KIA labs with the test kits and forward looking estimates on handling volume, I haven't heard much about their actual daily volume. Sure, the product is packaged pretty and meets regulatory approval but how is it really meeting the expectations of management hype or share holder concern's? Are the test kits being accepted by the consumer's? How does it fare with competitive products? What are the biding results? Nothing has been posted claiming successful results of bids nor has there been anything mentioned about competitive price and effectiveness. Some test strips offer results in an hour, similar to a pregnancy test, without need of a technician verifying results. That is where the competition is at.
I've researched the company and investigated the partnerships as well as the interviewers used to promote the business. Not wanting to miss out, like you all I have invested in the firm.
All in all, we have heard the promo hype, "sounds good" but where is the beef?
I'm not dissing the company. I'm bringing up valid concerns.

 

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