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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 Jul 01, 2021 12:18pm
209 Views
Post# 33479338

Financials Finally Filed but why is EPWCF tanking today? -2c

Financials Finally Filed but why is EPWCF tanking today? -2cI had my doubts last night after trading began in Germany and I saw the share value tanking. I assume due to the promised financials not being filed on the 30th as promised. So many times we waited and waited and waited some more to no end. I thought this was yet another empty forward looking statement the company wouldn't stand behind, as is the norm we have grown to expect. But surprise!
Finally the financials from last year are completed. Now everyone can gauge the EBITA for six months ago but we still wait for the first quarter to be completed. The price has fallen in the states by 2 cents so the American investors aren't so impressed at all with the results given thus far but in Germany the price opened low at 0.465 euro and overnight has risen to 0.535 euro. thats a gain of 13.11% representing 93 trades and a volume of just 183119 shares. Not earth shattering volume but an indication of European sentiment. EPWCF are down 2 cents to $0.55 US. The Yankies don't seem to be impressed. We shall find out on Friday just how impressed the shareholders in Canada are with the numbers from last year as we wait for the results from this years first quarter. But we are accustomed to waiting although we wait impatiently.
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