Thanks Gal for posting the URL for the latest interview. I had just finished watching it when I saw your post. For those that don't have the time here are some highlights ....not that there isn't a highlight almost daily.
* from Steve "a lot more coming, a lot more growth"
* already executing leases for the clinics
* the process....Steve feels their recruitment process for physicians and practioners is second to
none
* the whole process is so streamlined it's just "rinse and repeat"
* annual revenue stream of $2.5 million to $4 million per clinic depending on the size of the clinic
* the rate of expansion is to have 30 clinics in 12 to 24 months
* from Steve's perspective $100 million in annual revenue from the 30 clinics
* the milestones of 10, 20 and then 30 clinics was forecasted BEFORE the Rexall deal
* Steve's surprise at the incredible "secret" discovered during the due diligence for Kai Medical that
they were actually a WORLD CLASS research facility that just didn't generate enough capital to
build on the intellectual talent
* first shipment this week of Kai Saliva into Canada
* connection with Sheila Copps and MediPro for distribution
* Kai Medical is not just a covid test facility .....lots of growth here into multiple test devices
For what it's worth Morningstar's Fair Value sp for CBDT after market close yesterday is now over $2.00. While there may be a retraction early next week ...it's actually hard to imagine it now. I can't believe I'm going to say this but Empower is headed toward being a $ billion dollar company.
Have a great weekend!!!