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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 inviolablspiriton Jun 09, 2021 3:08pm
120 Views
Post# 33356491

RE:RE:Main street press missing.

RE:RE:Main street press missing.You wouldn't want a buy out at these levels, as it would only be 20-30% higher than the current price.  A buyout is certainly possible in the future once the clinics are up and running and the company continues to expand. However, I can see this company buyin gout others as they grow larger.

I've talked about this before, there's no way a company would buy Empower out at this point, not when you got a guy like Steve to build the company.  Unless you have a person on staff that is willing to put in the same amount of time and effort Steve has in building this company it's not worth the buy out or resources of another company at this time.

Perhaps McKesson buys them out in the distant future.  Afterall, McKesson did pull in revenues of about 230 billion in 2020.  
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