Empower Clinics Inc EPWCF

Healthcare

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.

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Empower Clinics Inc > news !

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Comment by Smokey1958on Mar 04, 2022 7:42pm

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Post# 34485549

RE:RE:news !

I believe you have missed some important info in making that uniformed, callous remark.

* revenue from the clinics allowed Empower to more easily diversify
* no one could have known the abrupt turn governments would take ...an advantage was lost
* by deciding to sell the assets, revenues were moved to a different part of the ledger (accounting)
* as a consequence of state and federal regulatory changes the business was no longer viable

For all of the above it was time to move on. The most important step moving forward was getting this business, now an anchor, off the books.

Mission accomplished!!!