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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 > AGM summary
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Post by StanPippen5 on Aug 12, 2021 8:28pm

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!
Comment by inviolablspirit on Aug 12, 2021 9:17pm
Thank you Stan for the summary.  Much appreciated!
Comment by inviolablspirit on Aug 12, 2021 9:20pm
Any information on removing the cannabis assets off the books and any other information associated with that?
Comment by StanPippen5 on Aug 13, 2021 1:40am
Empower Clinics Shareholder Once the Sun Valley Health sale closes, would you consider this the TSX V for better exposure as a transitional exchange prior to the NASDAQ? Steve McAuley Yeah, it's a great question. We were working very closely with our, our investment banks on sort of these decisions and really what my rhythm, our rhythm for these topics does. The new coming into August off for ...more  
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