Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Aug 01, 2021 5:54pm
184 Views
Post# 33638774

Medisure, Total sales verses actual profit. Think about it!

Medisure, Total sales verses actual profit. Think about it!What was bought by Ole Sigma6 with your investment $. A tiny strip mall warehouse in Ajax Ontario with some stock on the shelves for distribution and a sign on the door. Not even a company vehicle. The company is originally from Pakistan and has a location in India as well. They stock a limited selection of specialty products. The previous owners made off like bandits. The total sales for this company is being touted as being a good investment for Empower however lets look a little closer now. So their total sales and their total profit are two vastly different things. We should consider all the expenses involved in operating this venture. Then subtract this figure from the total sales. This simple calculation leaves you with a much different figure that does not look quite so attractive. One thing is certain. The previous owners have hurridly closed the deal and laughed all the way to the bank because a Canadian dollar is worth 129.68 rupee in Pakistan, so these people think they just won the lottery. You see Ole Sigma6 just throws money around on these partnership/aquisitions without much negotiation and as evidenced with past dealings the operators of the target companies cash in big time. After all it's your investment dollars Steve is throwing around, not his own. Besides he is making hundreds of thousands a year by sucking in investors that aren't too savey with the ways of business in the market. This like everything else will deplete share value by weeks end once people look closer past all the fluff news. Empower is not a good investment. 
<< Previous
Bullboard Posts
Next >>