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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 1Horneton May 07, 2021 7:09pm
187 Views
Post# 33157999

A review of Canadian Stockman interview.

A review of Canadian Stockman interview.I recently viewed the interview with Mr McAuley. Obviously meant to address many of the concerns I have brought to peoples attention in my previous posts. This has been in fact I think the best interview of Mr McAuley so far. A great deal of ground was covered addressing a wide range of concerns and it gave him the oportunity to ellaborate on many issues while trying to ease stockholders sentiment regarding their holdings in the company.
I came away feeling a lil more at ease while at the same time noticing the subtle shift in his prognosis regarding future aquisitions as well the forward looking statements we have all questioned to some degree. I am left with questions as to why he waited so long to allert shareholders to missing the deadline in filing the last quarter and year end. As he says in the interview he was aware of the issue far in advance yet he waited till the very last minute to alert shareholders. An other issue I think worth commenting about deals with the accounting process. He mentions the accountants need to determine what are assets, tangable assets and debt. This concerns me because from all the Aquisitions/Partnerships - just exactly where do we stand. What debt is there? Mr McAuley threw a lot of darts relating to A/P and so far he seems to be actively promoting two from the many. Of those two, still many questions remain. The many other A/P are of concern. Financials will answer all questions and concern's though and I anxiously look forward to read the results. They hold the facts and figures we all need to see. In the mean time I see as I forcasted the price dipped and went up again. The dip was to $0.56 where I had forcast $0.55 and it came back to $0.59 as I had predicted. I'm curious to see the price next week. If nothing new is reported I'm pretty sure my forcast of a dip to $0.50 is realistic, judging by the history of price fluctuation this company has had this year. Just my opinion. Cheers!
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