AUSTIN, TX--(Marketwired - March 13, 2016) - EPIC Corporation (OTC PINK: EPOR) and Ronald Tucker its CEO announced:
"Donald Baillargeon (MoneyTV) states that EPIC as a small listed company sounds more like a large NYSE company. Click to see Interview.
"EPIC The Dividend Company is an "Outside-The-Box" private public trading company and a significantly undervalued common stock. The Company provides shareholders with a high quarterly yield with its preferred stock and high ROI with both its common and preferred stock."
General Announcements
"EPIC is negotiating with an independent owner of several profitable international and domestic US companies to both license the right to market and sell AcuFAB products and to develop both an international and a USA public trading holding company.
"EPIC is negotiating with several parties to form a specialized foot care company to service people that work on their feet all day.
"EPIC has made contact with several mobile wheelchair companies and is sending samples of AcuFAB for use in the seats of those products. AcuFAB will provide the users of those products a micro climate to prevent overheating (sweating) and greater blood circulation to the body's surface tissues."
Stock Dividend
"EPIC's Board of Directors has declared its 12th consecutive quarterly stock dividend to preferred shareholders of record on March 28, 2016, to be paid March 31, 2016. The dividend will be paid to preferred shareholders on the basis of 23% of the preferred shares owned. There will be no fractional shares; any fractional shares will be rounded up.
"EPIC's 3rd Voluntary Exchange Offer for the exchange of shares of common stock for 1 share of EPIC's Series A 5% Convertible Preferred Stock will be formally announced on June 15, 2016 ("Declaration Date"), and the offer must be accepted on or before 5:00 pm, eastern time, on July 15, 2016. The shares must be delivered on or before July 31, 2015."
Stock Exchange Offer
"The exchange Rate of common stock for 1 share of preferred stock is dependent on the average VWAP price for 10 trading days prior to June 13, 2016, based on the following:
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| VWAP |
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Exchange |
| Price |
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Rate |
| < or = $0.10 |
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5 |
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Common to 1 Preferred
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| > $0.10 but < or = $0.20 |
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4 |
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Common to 1 Preferred |
| > $0.20 but < or = $0.30 |
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3 |
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Common to 1 Preferred |
| > $0.30 but < or = $0.50 |
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2 |
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Common to 1 Preferred |
| > $0.50 but < or = $0.85 |
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1.5 |
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Common to 1 Preferred |
| > $0.85 |
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1 |
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Common to 1 Preferred |
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"Preferred shareholders that convert preferred shares for common stock between March 1, 2016, and July 15, 2016, will not qualify to exchange any of the converted shares, and the preferred stock received in the exchange can not be converted until 90 days after July 31, 2016. The maximum number of common shares to be exchanged will be 200,000 from any one account."
The Stock Exchange Offer provides new investors and existing shareholders who purchased shares prior to the reverse stock split an investment opportunity. They both can purchase severely undervalued common stock and exchange the common for preferred and receive a high quarterly yield and a high long term ROI. A complete description of the yield and ROI, with examples, can be downloaded here.
Investors prior to the reverse stock split can benefit from the current low market price by purchasing new shares and reduce their average cost per share. Please consider the following:
Example 1: Assume that you purchased 10,000 shares at an average price of $0.18 per share prior to the reverse split. After the split you have 1,000 shares for which you paid $1,800. Now you purchase 10,000 shares at an average price of $0.20 per share. You would then have 11,000 shares and will have paid $3,800 with an average price per share of $0.345 per share. If you sold the 11,000 shares at $0.75 per share you would have double your total investment.
Example 2: Assume that you purchased 10,000 shares at an average price of $0.13 per share prior to the reverse split. After the split you have 1,000 shares for which you paid $1,300. Now you purchase 10,000 shares at an average price of $0.20 per share. You would then have 11,000 shares and will have paid $3,300 with an average price per share of $0.30 per share. If you sold the 11,000 shares at $0.75 per share your ROI would be 250% of your total investment.
Example 3: Assume that you purchased 10,000 shares at an average price of $0.10 per share prior to the reverse split. After the split you have 1,000 shares for which you paid $1,000. Now you purchase 10,000 shares at an average price of $0.20 per share. You would then have 11,000 shares and will have paid $3,000 with an average price per share of $0.273 per share. If you sold the 11,000 shares at $0.75 per share your ROI would be 275% of your total investment.
About EPIC
EPIC has had the same management and same primary objective to provide investors with a high yield and ROI since its incorporation in 1997.
EPIC is now reorganized into a finance company that provides inventory and sales order financing as well as other financial services to development stage and emerging growth companies. It has been and will continue providing funding to RX Healthcare Systems, Ltd., its majority own subsidiary and is negotiating to fund several independent companies.
EPIC CORPORATION, The Dividend Company, is an "Outside-The-Box" privately traded company. It is a finance company that provides inventory and purchase order financing as well as other financial services to private and public companies by providing them funding and corporate, business and financial services.
Visit www.acufabinsoles.com to buy AcuFAB® insoles.
Visit www.epicistore.com to buy AcuFAB® acupressure support surface.
Visit www.acufabric.com to buy the AcuFAB® acupressure spacer fabric.
Visit www.epiccor.com for corporate information and http://www.otcmarkets.com/stock/EPOR/quote for investor and financial information.