Empower Clinics Inc EPWCF

The Reality

[Smokey1958]

The sharks circle whenever there is news that casts any doubt in the legitimacy of Empowers' growth. We have non accountants throwing numbers around like they have some understanding of the various forms of debt as it relates to accounting for businesses. Shortly thereafter the bashers arrive spewing nonsense instead of facts. Subsequently the shorters and day traders .....start throwing out Ask volumes as low as 500 shares at ridiculous Ask prices to seed the doubt required for them to cover.

There were ~1000 trades yesterday with a value of $1.7 million meaning an average trade value of $1700. Take out the largest of the trades and there were many, many trades at volumes between 500 and 1000. These were not carried out by anyone but those manipulating the stock.

In the longterm it will make no difference .....Empower should be well above $1.00 by the end of this year and into 2022. In the shorterm it can be painful to watch the manipulation ....but it has become an insidious reality of investing on these exchanges.

Once again Steve followed up the release yesterday with a transparent and honest interview.

*Kai Medical and the exercising of warrants helped pay off DEBT ....even as the warrants (accounting principle) were in and of themselves considered debt.

*Sun Valley Clinics affected by new legislation .....pare back before those clinics become an anchor. An astute move by an astute CEO.

*The Medisure announcement is coming soon.

*With financials behind them they can once again accelerate the "meat and potatoes" of the expansion and acquisition plan.

Individuals on this board have seen the "mud and mortar" as the Canadian clinics move to opening stage.

The reality is that significant real debt was dealt with over the last year, they have and continue to generate working capital and acquisitions and expansion continues unabated. For example to use their cash on hand on March 31 and a speculative burn rate and exclude ongoing revenue generation makes suggesting a timeline for when they're going to run out of money absurd.

Empower is already into Q3 ....so the Q2 interim filings will present an even clearer picture on where the company has been ....with impending NRs providing the details of where it's going. It certainly isn't down the toilet as illiterate and his band of fools would, based solely on sp, have investors believe.

GLTE ....holding patiently long. There is no reason, based on fundamentals, to believe that patience will be anything but well rewarded!!!