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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 StanPippen5on Aug 12, 2021 8:28pm
329 Views
Post# 33698785

AGM summary

AGM summary AGM Summary Clinics - Pipeline hasn't changed. People need to stop bugging staff on site unless you want to continue pissing Rexall off grinning - 3-4 clinics under construction will open in Q3. All MDs for these clinics are already under contract and ready to roll. - Steve has told Rexall they don't engage the architects and recruit MDs until the lease is signed - There appears a need to beef up corporate head office support (perhaps in terms of headcount such as HR) to support the needs of 30 clinics Kai - Pharmachoice - Bus Dev been hard at work reaching out to the individual pharmacies to source orders. They are just starting to fill orders. - 1 more save-on location added to pilot - COVID testing in the US has slowed down, not a surprise. With Delta variant on the rise, they may see opportunities Marketing - Snow will be turning their attention to Canada imminently to raise awareness for Kai Medisure - They said its logical/reasonable to expect that the product roadmap for Medisure would be accelerated now that it's under Empower Financials - Q2 will be on track for sure, aka end of August - The 2 operational clinics in Canada from the Momentum acquisition contributed "as expected" in Q1 - Guidance appears to go against securities rules (Can someone see if other CSE-listed companies have provided revenue guidance?) - TSXV - Costly and he isn't convinced of the benefit - The new CFO when hired, will establish the core KPIs to measure business performance. Off the top of his head, patient count and # of MDs. Miscellaneous - Rebrand to launch imminently. Social, website, etc all of it will go live right after the announcement. - Ticker change is for certain but no timeline - WJ still engaged, but WJ chilling - Mario is very excited to blow his business up. He wants those shares to work work work! - Steve is loud and clear on timelines. Sounds like his email is continuously blowing up. Take it easy and let the man focus!
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