Empower Clinics - U.S OTC: EPWCF - CSE: CBDT Current SP as of 4/19: 0.50
A fully integrated healthcare & wellness company with brick and mortar clinics, a medical testing laboratory / R&D company Kai Medical located in Dallas, TX and direct to consumer COVID-19 Saliva PCR Test Kits
-Quick Bullet Points (before the numbers)
-Q4 Financials due April 30th (this will include Kai Labs revenue for the first time), Q1 Financials due May 30th
-No debt and over 12million+ funds on hand
-30 new brick and mortar Clinics on tap for 2021 in a partnership with Rexall (Canadian Walgreens / CVS) 6-7 additional clinics expected to be announced in the near term
-Film/tv - continued contracts including 5k test kits just announced. Disney, Fox Sports as past end user clients.
-DTC Approval as of 4/15 - Now easier to trade here in the U.S
-Contract for testing at Dallas Market Center
-Multiple Bids for COVID-19 testing via Kai Saliva PCR test both in the U.S and Canada
-KaiTests.com just went live 4/16 with direct to consumer PCR tests
-Partnered with Snow Agency, recognized as the #1 U.S digital marketing agency
-MedX partnership to facilitate Teledermatology
-Loop Insights partner for testing and collaborator on Re-Open Vancouver coalition as well as integrated, HIPPA compliant test results notification.
-From PR on 4/7/21: " ...Pleased to announce that patient counts increased by 460% in Q1 2021 (26,317) versus Q1 2020 (5,717)
-Comparables from their Investor Deck (shown on page 19 of link below) https://www.empowerclinics.com/wp-content/uploads/2021/03/EMP-D2-2-W-MAR2-FINAL.pdf
-Six Sigma CEO Steve McAuley, who worked under Jack Welch at GE.
This is strictly a character reference of who is running the company, forward thinking, solution driven and transparent CEO. Quote from his latest interview “If we won a bid where Kai couldn't handle all the capacity, I'd go and buy another Lab. I'd go and buy another two labs."
-The Numbers
Forward looking statements as of April 30 2021 ( 12 month revenue predictions)
Clinics roll out:
9 clinics x 3mil = 27 mil 15 clinics x 3 mil =45 mil 20 x 3 mil = 60 mil 30 x 3 mil = 90 mil 40 x 3 mil = 120 mil
Local Dallas Tests: US$ 120/test 200/day x 255 (working days) = 51,000 test/ year = 6.12 million 400x255= 12.2 million 500x255= 15.3 million 1000x255= 30.6 million
Contracts out of the blue: 50,000 total $120/Test = 6 million
Online Kai sales: per 30 days 50/day 180K or 0.18 million 100/ day 360K or 0.36 million 150/ day 540K or 0.54 million 200/ day 720k or 0.72 million
Add all numbers from bearish to bullish.
Run rate next 12 months 39.3 million Bear $4.00
Run rate next 12 months $157.32 million Bull $14.00
-Latest Shareholder Q&A link https://youtu.be/P779x_XH6dE
Everybody should do their own DD, but this seems coiled and ready to explode once the concrete financials are published.
Submitted April 19, 2021 at 07:46PM by TSizzle88 https://ift.tt/3n0ibpv
