Re: Clinic Roll Out

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Breiber

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Re: Clinic Roll Out

posted on May 20, 2021 12:51PM

Completely agree. When I said up and running and generating revenue I meant doors open for business ie I can walk in and see a doctor or other practitioner and they bill me or my benefits provider. That is revenue. Yes, I agree there will be substantial costs involved in all of this and 2021 will be a net loss, to be honest I would expect Empower to lose money in 2022 as well. It can take years for a new business to turn cash flow positive. I'm very comfortable with slow and steady growth over the next year or two but let's be honest about it that's all I ask for. I'm not here for the COVID play so these clinics are a big deal to me. The prickly point for me is that if I'm here for the clinics and all we have is 2 leases nothing more and a lofty dream of 30 clinics in 7.5 months well.......I could see our share price back to .30 in no time.