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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

Empower Clinics Inc > Questions and concern's
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Post by 1Hornet on Apr 08, 2021 5:33pm

Questions and concern's

I can appreciate the step by step approach of doing it and doing it right. This is the proper way to build a business. We've watched the video interviews, done the speculative math however has there been any new  movement on the clinic roll outs? We all know about the three rolling out in Ontario Canada. Are there any more? The foreward looking statements claimed up to 30 by year end but we haven't heard of any new start ups in months. The tele health is ground breaking and the range of testing is exceptional, especially with the dermatology tests.
As for the KIA labs with the test kits and forward looking estimates on handling volume, I haven't heard much about their actual daily volume. Sure, the product is packaged pretty and meets regulatory approval but how is it really meeting the expectations of management hype or share holder concern's? Are the test kits being accepted by the consumer's? How does it fare with competitive products? What are the biding results? Nothing has been posted claiming successful results of bids nor has there been anything mentioned about competitive price and effectiveness. Some test strips offer results in an hour, similar to a pregnancy test, without need of a technician verifying results. That is where the competition is at.
I've researched the company and investigated the partnerships as well as the interviewers used to promote the business. Not wanting to miss out, like you all I have invested in the firm.
All in all, we have heard the promo hype, "sounds good" but where is the beef?
I'm not dissing the company. I'm bringing up valid concerns.
Comment by Smokey1958 on Apr 08, 2021 5:57pm
Whete is the beef? With all due respect I'm not sure how fast you think all this should happen.  1. Clinic rollouts ....the NR for the first 3 was on February 25, 2021. Steve suggested in his most recent interview that several more are pending. So it hasn't been months ....it's hardly been one month. 2. Did you not get the NR on the increase in patient visits to the American ...more  
Comment by 1Hornet on Apr 08, 2021 7:19pm
1 The claims of 30 roll outs verses the 3 yet to open over a period of twelve months give me pause for concern. Suggest and pending are foreward looking statements. No different then previous claims.  The cheques in the mail. No Beef! 2 Visits are up. Thats good. I read that too. No talk of further US roll outs though but it's suggested that roll outs are pending. No specification on ...more  
Comment by Outlander1 on Apr 08, 2021 7:55pm
Hey Hornet, I share some of your concerns, however it's only been a month and a half since the first three locations were announced. I believe Steve projected them to open sometime in May. As far as the testing goes and bidding on contracts, I'm sure that is very competitive . Hopefully they would not be tripling Kai lab if the business wasn't there, at any rate they will be testing ...more  
Comment by 1Hornet on Apr 08, 2021 8:20pm
True dat! I miss spoke on the length of time passed. It does seem longer than what it actually has been. Oh well, nobody is perfect. Very true, we are trading sideways . . . thats the way of the market. I anticipate valid concerns will eventually be addressed. Until then . . .
Comment by Outlander1 on Apr 08, 2021 8:28pm
Yes and it's been less than two weeks since you listed all the reasons you would recommend this stock if not for the fact you are not qualified to do so.
Comment by 1Hornet on Apr 08, 2021 9:32pm
I have to reply to this. This board is devolving into elementry school bravado. What qualification is required to pose questions? Have I dissed the stock? No! I have praised it. I have concerns, true. Don't you? That doesn't merrit discussion because why? Because I say something you disagree with? You say I'm not qualified to post on this board now?  Awe . . . Gee Wiz guy's ...more  
Comment by Outlander1 on Apr 08, 2021 10:47pm
My my, someone stepped on a hornet's nest
Comment by Outlander1 on Apr 08, 2021 8:14pm
To your response to Smokey, I checked the first 20 or so posts on Yahoo and saw virtually nothing but rah rah rah and what great news has been coming out lately. I believe the beef will be coming and as they say all good things take time! Medium rare please.
Comment by Bennyboy on Apr 08, 2021 8:16pm
I have to side with Smokey here and Hornet I am not sure what trading planet you are from but things at CBDT have been moving quite well over a relatively short period of time.  Steve has done a pretty amazing job of evolving this comapny into something with some real revenue generation - the 460% increase in one year is quite impressive, coverting the KAI (you keep on saying KIA which is a ...more  
Comment by 1Hornet on Apr 08, 2021 9:00pm
Why would I be unhappy? You say you sense I want guarantees? Well of course I would like guarantees. Who wouldn't. But no, I just speak my mind in search of inteligent discord and honest opinion. It's much more stimulating and thought provoking than Pumpers and Bashers waving their pom pom's or deriding others without having substance. These boards seem so full of emotional investors ...more  
Comment by Nnwwzz on Apr 10, 2021 3:37pm
So you basically have 3 points, since the rest aren't material to the company, and the majority of your concerns amount to: 'why do we have to wait?' I don't think I can teach you the meaning of patience. As for your question of where's the beef, I sincerely doubt your capacity to amend your analyses with new information, since a 460% increase in patients somehow doesn't ...more  
Comment by 1Hornet on Apr 11, 2021 3:59am
Well I do agree with two things you brought up. "You don't think" and you can't teach. You damn sure can't contribute to the conversation. Your just trolling for likes from other cheerleaders.That's rude of me to say but so what! I've no tollerance for your critique of my personal analysis of new info or anything about me. I've only heard of this company since ...more  
Comment by Chitoryuteacher on Apr 11, 2021 7:13am
If it upsets you so much. Invest and leave the board. Or sell or move on.  i think some of your posts read like you are just bashing and not trying to just ask questions or generate positive discussion.  Just a thought, maybe I'm wrong.  Buy. Hold. relax.  Make money!   
Comment by Outlander1 on Apr 11, 2021 3:34pm
Hey there Hornet, I was referring to your post of March 27 where you outlined all the reasons to invest in Empower. You closed the post by saying I'm not licensed to give advice. Do your own dd. I recommend buying Empower. Your words (paraphrased) not mine. As far as this board goes, you seem to be the one hurling the most insults and come across as quite an angry person.
Comment by 1Hornet on Apr 11, 2021 4:40pm
Hehehe. Another lost soul asking for directions to his home village. Please move along home now. Life is too short for me to continually readdress my deffence of posting concern's in front of you fine upstanding individuals.  Please carry on, I  wouldn't want to interupt your individual attempt's at the defence of the herd.
Comment by Nnwwzz on Apr 11, 2021 4:31pm
So you've got to intentionally misrepresent a person's words to make a point? Shaky ground. The best thing to do to people who feel that it's only okay for them to speak, is to ignore them. Should have only posted the relevant points. Would have made you look more credible.
Comment by tankumo on Apr 08, 2021 8:53pm
Maybe his concern is he bought it too high?
Comment by Smokey1958 on Apr 11, 2021 6:13pm
You asked for facts on revenue and have admitted that your take on timelines (for the Canadian clinics) was misguided. These were the crux of your concerns  in addition to your concern on the utility of the Kai Tests. These are the net revenues per quarter for CBDT from Q1 2019 to Q3 2020 in $US. $153,000, $593,000, $663,000, $625,000, $789,000, $924,000, and $643,000*. Talk about a ...more  
Comment by Outlander1 on Apr 11, 2021 10:18pm
Very well constructed post Smokey. If you check the Hornet's posts on other boards, you will see that he has many 'beefs' and concerns which he mistakes for DD. Sadly his may be the only village missing it's...
Comment by 1Hornet on Apr 12, 2021 1:56am
Dishonesty comes easy to some. Perhaps you might copy n paste some proof of your claim for all to see. Just one post from another board should be enough but as many as you can find would help your credability. Where is the Beef? I do like embarassing Troll's.
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