AUSTIN, TX--(Marketwired - September 07, 2016) - EPIC Corporation (OTC PINK: EPOR) ("EPIC"), and Ronald S. Tucker announced "EPIC's reorganization into a Special Purpose Vehicle ("SPV") and announced its 14th consecutive quarterly stock dividend to preferred shareholders."
EPIC's Board of Directors has approved the Company's fourteenth consecutive quarterly stock dividend to its preferred shareholders as of September 23, 2016, and payable on September 30, 2016. The number of shares to be distributed will be 24% of the number of preferred shares held by the preferred shareholder, and all fractional shares are to be rounded up.
EPIC as a SPV provides value added turn-key solutions to Qualified Private Companies ("QPCs") enabling them to raise capital and provide investors an exit strategy.
A QPC as a company that has: (1) a product with a significant growth potential; (2) lacks the capital to brand the company and its products or services; (3) may require restructuring and re-organization to raise capital for future growth; (4) has the management experience and ability to grow the company; and (5) management has a realistic approach to growth.
EPIC's value added turn-key solution provides cross-over services of different disciplines that adds value to the QPC's business through its financial statements, its corporate organization, its company reorganization, its capital structure, and its development of short and long term financial strategic and tactical plans.
The EPIC difference is its assumption of responsibility for effecting and managing the tactical financial plans as the QPC's Director of Finance.
EPIC organizes and develops subsidiary companies that provide products and services in established markets and acquires QPCs in those markets pursuant to a Revers Reg A Merger.
EPIC also acquires equity in independent QPCs and provides them with diverse value added services to enable them to raise capital and provide investors an exit strategy through a Qualified Private Placement ("QPP").
EPIC's value added services include the following cross-over disciplines:
- Business Consulting
- Accounting Consulting
- Cost Accounting Consulting
- Legal Consulting
- Workout Consulting
- Consulting re Securities
- M & A Consulting
- Market Support re Securities
- Product Market Studies and analysis
- Director of Finance management services
- PR and IR Consulting
EPIC's business is dependent on a continuing flow of QPCs, which EPIC believes it will be able to obtain through:
- References by attorneys and accountants
- References by PR and IR firms
- Attendance at seminars and conferences with presenting companies seeking investments
- Advertising for QPCs
- Holding seminars and conferences for independent companies
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, The Dividend Company, is an "Outside-The-Box" privately traded Special Purpose Vehicle that provides value added turn-key solutions to qualified private companies ("QPC").
The EPIC value added difference is its assumption of responsibility for effecting and managing the tactical financial plans as the QPC's Director of Finance.
Visit www.epiccor.com for corporate information and at http://www.otcmarkets.com/stock/EPOR/quote for investor and financial information.