SOURCE: EPIC Corporation

EPIC Corporation

April 20, 2016 00:30 ET

EPIC, the Dividend Company, Presents at Southern California Investor Forum, Initiates $1.5 Million 506(C) Fund Raising, Confirms Three Common Shareholder Programs

AUSTIN, TX--(Marketwired - April 20, 2016) - EPIC Corporation (OTC PINK: EPOR) ("EPIC"), and Ronald S. Tucker announced that "EPIC gave a presentation before the Southern California Investor Forum in San Francisco on April 13, 2016, when it initiated its program to raise $1.5 Million, and reaffirmed the proposed Exchange Offer of common stock for preferred stock which is to take place in July of this year, the Offer of Redemption of EPIC common stock for RX Healthcare's common stock, and the establishment of a Dividend Policy for EPIC's common stockholders.

 "The Dividend Policy for EPIC's preferred stock and the three programs offered by EPIC are not gimmicks. These programs demonstrate a real value for EPIC common stock. The value of the Exchange Offer and the proposed Dividend Policy for common shareholders is based on a present value per share using a Dividend Discount Model which provides a present value of not less than $1.52 and more than $3.34 per share depending on the market price of the common stock being $1.50 or more per share at the end of five years (Click here for a complete analysis of the DDM application). The Redemption Offer is based on an exchange value of shares on the date of the exchange, and the Intrinsic Value is based on present value of an estimated Free Cash Flow Model.

 "These programs provide existing common shareholders and new investors a high yield per year and a long term high ROI, and help EPIC raise the $1.5 Million which in turn will produce more revenues and increase the appreciated value of EPIC's existing and future asset value. However, the implementation and success of the programs depends on the participation of existing shareholders in purchasing shares in order to decrease their average cost per share. Existing shareholder participation will also encourage new investors to participate.

 "The funds from the Rule 506 Offering will be used to fund the branding of RX Healthcare Systems, Ltd., a majority owned subsidiary, and branding the AcuFAB® Products, to fund independent third party companies with potential growth opportunities that require capital and can be developed into Development Stage Public Companies."

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.

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Visit www.epiccor.com for corporate information and http://www.otcmarkets.com/stock/EPOR/quote for investor and financial information.

Contact Information

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    Telephone: 949-228-2352