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Bullboard - Stock Discussion Forum 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... see more

GREY:EPWCF - Post Discussion

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Post by inviolablspirit on Dec 03, 2020 11:06pm

CBDT

When CBDT does hit those 4000 tests per day, that will bring some nice revenue in for the company.   4000 test/day @ $100/test x 30 days, as Steve did mention they are working 7 days/week to serve customers = $12 000 000/month or $144 000 000/year.   Expand capacity, aquire additional labs, add in their telemedicine, clinics, psilocybin and Steve's vision of this company being a multi billion dollar company may come fruition.  If anyone has a reason to see this company succeed it's Steve, as he is the largest individual investor in the company.  

A market cap of 144 million = $0.63 and that's only at 1x earnings.  

Part of Steve's expertise is finding companies trading at 1-1.5x earnings and turning them into 10x+ earnings companies.  He's already on his way in doing that with Kai Labs and ultimately with Empower.
Comment by tankumo on Dec 04, 2020 2:26am
I hope they also grow their telehealth business, that's the future, covid will not last forever, vaccines are coming out. Also, the lab does other stuff too besides covid if I remember correctly.
Comment by inviolablspirit on Dec 04, 2020 10:04am
COVID will last for the rest of human existence.  The virus is going nowhere so get used to having it around.  It wil eventually get reduced, but like the flu will always be in existence.   Humans have only eradicated one virus off the Earth and that's smallpox (very thankful for that).  However, smallpox DNA is contained officially in places like the CDC and Vector in ...more  
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