eWELLNESS HEALTHCARE Corp (OTCMKTS: EWLL) has been heating up and moving higher in sub penny land in recent days on a massive surge of volume. Investors are quickly catching on to the exciting EWLL story and accumulating at current levels.
New Updated Article on EWLL 2/12/2021: https://microcapdaily.com/ewellness-healthcare-penny-stock-ewll-surging-higher-as-its-phzio-platform-gains-traction-in-booming-telehealth-space/130334/
Now is an exciting time for EWLL which has been developing 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. EWLL launched its telemedicine platform in q4, 2019 and sales have been brisk and growing fast.
eWELLNESS HEALTHCARE Corp (OTCMKTS: EWLL) is the provider of the state of the art PHZIO platform for the physical therapy (“PT”) and telehealth markets and believes it is the first digital telehealth physical therapy company (“dtPT Company”) to offer real-time monitored physical therapy assessments and treatments to large-scale employers. The Company’s digital telehealth assessment and treatment platform has been designed to serve the $30 billion physical therapy market, the $4 billion musculoskeletal market and the $8 billion corporate wellness market. EWLL dtPT Platform redefines the way physical therapy can be delivered. The Company believes that its Platform is able to transform the access, cost and quality dynamics of PT assessments and treatments. The Company has just begun generating revenue during the fourth quarter of 2019.
EWLL 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. We have 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.
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In May EWLL signed an LOI with Lord Global Corporation for a strategic joint marketing and financing agreement. Lord Global, through its 27 Health Inc. subsidiary, believes that the PHIZIO platform will be aggressively marketed and should be able to receive increasing market acceptance by the over 200,000 physical therapists in the United States. The vast majority of these therapists are independent contractors, which is the principal target market for Lord Global Corporation.
Upon execution of a definitive agreement, 27 Health Inc. will receive a significant marketing fee from EWLL for identifying physical therapists and their clients to use the PHIZIO platform and, in addition, 27 Health Inc. will receive 25% of EWLL’s net revenue. Lord Global Inc. shall provide 50% of all financing it receives subsequent to the completion of the definitive agreement. Lord Global will also issue EWLL a convertible preferred stock registered under the Act, the shares of which are convertible into a total 2,000,000 shares of LRDG common stock, subject to a beneficial ownership limitation or a 4.99% blocker. Reference is made to the Form 8-K being filed by LRDG.
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Currently on the move in sub pennyland EWLL is an exciting story developing in small caps; EWLL has been developing 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. EWLL launched its telemedicine platform in Q4, 2019 and sales have been brisk and growing fast with the Company reporting $123k in revenues for the 3 months ended March 31, 2020. Investors are quickly catching on to the exciting EWLL story and accumulating at current levels. 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.