AUSTIN, TX--(Marketwired - December 09, 2014) - EPIC Corporation Inc. (OTC PINK: EPOR) and Ronald Tucker, its CEO, announced, "EPIC's Board of Directors has established a policy for a quarterly divided to be paid in stock or cash to its common stock shareholders as of the quarters ending December 31, March 31, June 30 and September 30. The Board of Directors has declared it first quarterly dividend to common shareholders of record on December 24, 2014 and payable on December 31, 2014. The Board of Directors also declare the seventh consecutive quarterly stock dividend on its Series A 5% Convertible Preferred Stock to preferred shareholders of record on December 24, 2014, which will be paid December 31, 2014."
The first quarterly stock dividend to common shareholders will be paid one new share for each 50 shares of common stock owned on the record date by those common shareholders who own 5,000 or more shares of the common stock. There are to be no fractional shares, any fractional share will be rounded up to one share.
The seventh quarter stock dividend to preferred shareholders will be paid on the basis 12.5% of the preferred shares owned by the preferred shareholder on the record date. There are to be no fractional shares, any fractional share will be rounded up to one share.
About EPIC
EPIC CORPORATION is a special purpose financial services company. EPIC provides corporate, business and financial services to subsidiaries, affiliates, and independent companies. Our focus is on healthcare and consumer product companies. EPIC strives to provide capital growth for it and its shareholders through the acquisition, development and commercialization of technology and intellectual property. We realize, we cannot prosper in isolation. We and our strategic partners use various technologies and intellectual property to develop economical products. We are committed to grow our business through research and development, production, marketing, and sales of healthcare products and services and other consumer products.
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Visit www.epiccor.com for corporate information and http://www.otcmarkets.com/stock/EPOR/quote for investor and financial information.