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Tuesday, September 21, 2021

(eWellness Healthcare) Penny Stock: EWLL Surging Higher as its Phzio Platform Gains Traction in Booming Telehealth Space

EWLL – (penny stock: eWellness Healthcare Corp) is heating up and moving northbound in recent trading quickly gaining the attention of investors who have been heavily accumulating in recent days. On Friday alone EWLL traded $2.3 million in dollar volume. The stock started its move in January during which time volume was regularly in the billions of shares as a new era of penny stock speculators fueled by robinhood and its 100 million new trading accounts take on the bulletin boards. These are different times than just a few short years ago; now penny stocks such as TSNP can achieve a $6 billion plus market valuation and trade $375 million in dollar volume in a day on the bulletin boards. And TSNP has no stronger fundamentals than EWLL has. 

EWLL may be cheap but the stock has a large and fast-growing shareholder base and investors sentiment in the Company is very high right now. The telehealth market is booming. According to recent reports The global telehealth market size was valued at USD 61.40 billion in 2019 and is projected to reach USD 559.52 billion by 2027, exhibiting a CAGR of 25.2% during the forecast period. What better time for EWLL to make a real powerhouse move to a whole new dimension like so many other penny stocks are these days. While there are no recent pr’s management continues to develop its world class online telehealth platform Phzio which has been quickly gaining traction in the marketplace and already has attracted big name customers such as ATI connect, one of TOP 3 Physical Therapy companies in the US topping $450 million in annual revenues. The Company stated last year its Phzio Platform is on track to deliver over 300,000 PT patient visits in the US and Canada in 2020. eWellness has reported a massive uptick in PHZIO treatments due to patients seeking to significantly reduce the chance of exposure to the Coronavirus. The Company has licensed its telemedicine platform from Bistromatics Inc., a company EWLL owns 15% of and is controlled by its CTO.  

Image result for eWellness HealthcareeWellness Healthcare operating out of Ft Lauderdale, Florida s the provider of the state-of-the-art Phzio platform for the physical therapy and telehealth markets and believes it is the first digital telehealth physical therapy company to offer real-time monitored physical therapy assessments and treatments to large-scale employers. In Q1, 2020 the Company launched a new MSK360 App currently being used by ATI Connect. eWellness digital telehealth assessment and treatment platform; Phzio has been designed to serve the $30 billion physical therapy market, the $4 billion musculoskeletal market and the $8 billion corporate wellness market. It took 7+ years and millions of dollars to build EWLL world class online telehealth platform; Phzio. Now, significant demand for Phzio platform due to coronavirus is driving EWLL higher; last year EWLL reported a massive uptick in PHZIO treatments due to patients seeking to significantly reduce the chance of exposure to the Coronavirus. 

As Microcapdaily has reported on before eWellness Healthcare Phzio and MSK 360 platforms completely disrupt the current in-clinic business model of the $30 billion PT industry, the 4 billion MSK market and the $8 billion corporate wellness industries. Innovators in other industries have solved access, cost and quality inefficiencies through the implementation of technology platforms and business models that deliver products and services on-demand and create new economies by connecting and empowering both consumers and businesses. 

Image result for Phzio

EWLL has taken the same approach to solving the pervasive access, cost and quality challenges facing the current access to PT and MSK clinics. eWellness’ underlying technology platform is complex, deeply integrated and purpose-built over the past five years for the evolving PT and MSK treatment marketplaces. eWellness’ PHZIO and MSK 360 platforms are highly scalable and can support substantial growth of third-party licensees. eWellness’ PHZIO and MSK 360 platforms provides for broad interconnectivity between PT practitioners and their patients, uniquely positioning the Company as a focal point in the rapidly evolving PT industry to introduce innovative, technology- based solutions, such as remote patient monitoring, post-discharge treatment plan adherence and in-home care. 

Investor sentiment in EWLL is high:

https://twitter.com/abonz_85/status/1360280634980241411

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EWLL

EWLL reported last year its PHZIO Platform is on track to deliver over 300,000 PT patient visits in the US and Canada in 2020. Darwin Fogt, MPT and CEO stated:” We are experiencing a huge increase in the utilization of our PHZIO digital treatment platform and we continue to advise our partners that they should implement a Plan of Care options for the transference of patients from in-clinic treatment plans to virtual care treatment plans in the face of the Coronavirus continuing to spread globally. Our objective is to provide plan options for our partners that can be implemented into an emergency preparedness operating model. Specifically, to ensure the continuity of care, mitigate patient infection and the further spread of the virus”. 

Image result for Phzio

On December 21 EWLL filed an 8k stating: FORT LAUDERDALE, FL – December 21, 2020 – eWellness Healthcare Corporation (OTC: EWLL) continues to experience a high working capital deficiency resulting in the inability to file the 3rd quarter Form 10-Q. Further financing and company restructuring and/or merger and acquisition opportunities are actively being pursued. However, at present, no transactions have been completed. The Company’s retains its fifteen percent (15%) ownership in Bistromatics, Inc. which controls the PHZIO.COM and MSK360 branded digital health products. A current business update from Bistromatics is not available at this time. If any additional financing, company restructuring and/or merger and acquisition opportunities are completed, the Company will endeavor to bring its SEC filings current. However, there is no guarantee that this will happen. There is also no guarantee that further Company communications through Form 8-K filings or press releases will be possible without additional. Information about PHZIO may be found at www.phzio.com 

Image result for PhzioeWellness Healthcare stated it’s now able to book patients on the Sunlife Lumino Health Network via its PHZIO TeleRehab service. The PHZIO platform can be used by physical therapy patients from home with a smartphone. The Lumino platform connects patients with health care professionals, which eWellness said empowers Canadians to live healthier lives. eWellness is the first company of its kind to offer insurance-reimbursable, real-time, distance-monitored treatments. PHZIO lowers treatment costs, expands treatment access and improves patient compliance. ATI ($450 Millions Revenue Company) is using PHZIO App. ATI is one of TOP 3 Physical Therapy companies in the US. It took 7+ years and significant financial investments to build the phzio platform which now competes in the booming telehealth space. As of February 2, 2021, there are 16,862,481,962 shares outstanding of EWLL. 

Image result for North America Telehealth Market Size, 2016-2027 (USD BIllions)According to recent reports the global telemedicine market is set to gain momentum from the introduction of artificial intelligence (AI)-powered booths in local malls. The global telehealth market size was valued at USD 61.40 billion in 2019 and is projected to reach USD 559.52 billion by 2027, exhibiting a CAGR of 25.2% during the forecast period.

The increasing usage of teleconsultations and digital technologies are driving the telemedicine boom especially in the current environment. Teleconsultation services are cost-effective and aid healthcare professionals to save time. Hence, governments of various countries are trying to implement telemedicine services in their healthcare infrastructure. 

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EWLL is heating up and moving northbound in recent trading quickly gaining the attention of investors who have been heavily accumulating in recent days. On Friday alone EWLL traded $2.3 million in dollar volume. The stock started its move in January during which time volume was regularly in the billions of shares as a new era of penny stock speculators fueled by robinhood and its 100 million new trading accounts take on the bulletin boards. These are different times than just a few short years ago; now penny stocks such as TSNP can achieve a $6 billion plus market valuation and trade $375 million in dollar volume in a day on the bulletin boards. And TSNP has no stronger fundamentals than EWLL has. EWLL may be cheap but the stock has a large and fast-growing shareholder base and investors sentiment in the Company is very high right now. The telehealth market is booming. According to recent reports The global telehealth market size was valued at USD 61.40 billion in 2019 and is projected to reach USD 559.52 billion by 2027, exhibiting a CAGR of 25.2% during the forecast period. What better time for EWLL to make a real powerhouse move to a whole new dimension like so many other penny stocks are these days. While there are no recent pr’s management continues to develop its world class online telehealth platform Phzio which has been quickly gaining traction in the marketplace and already has attracted big name customers such as ATI connect, one of TOP 3 Physical Therapy companies in the US topping $450 million in annual revenues. The Company stated last year its Phzio Platform is on track to deliver over 300,000 PT patient visits in the US and Canada in 2020. eWellness has reported a massive uptick in PHZIO treatments due to patients seeking to significantly reduce the chance of exposure to the Coronavirus. The Company has licensed its telemedicine platform from Bistromatics Inc., a company EWLL owns 15% of and is controlled by its CTO. We will be updating on EWLL when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with EWLL.

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Disclosure: we hold no position in EWLL either long or short and we have not been compensated for this article.—

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