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EPIC Announces the Cancellation of the Reverse Stock Split and that Tensleep Financial Corporation Has Discontinued EPIC’s Business Operations
EPIC Announces the Cancellation of the Reverse Stock Split and that Tensleep Financial Corporation Has Discontinued EPIC’s Business Operations.
About this update from Epic Corporation Colo
[{"type":"text","content":"\n \n EPIC Corporation (OTC PINK: EPOR) (“EPIC\" or “Company”) and Ronald S. \n Tucker announced that, “EPIC has cancelled the reverse stock split and \n that Tensleep Financial Corporation, its Parent Company, has \n discontinued EPIC’s business operations.”\n \n \n EPIC’s Lack of Capital\n \n \n Ronald Tucker is the President of both EPIC and Tensleep Financial \n Corporation (“Tensleep”) (EPIC being a subsidiary of Tensleep). Mr. \n Tucker, as the President of both companies, has enlarged the original \n concept for creating a cryptocurrency into a Virtual Monetary System \n that pairs a crypto with precious metals to create EPIC Digital Dollars \n (“EDDs”).\n \n \n The EPIC Monetary System to succeed must have substantial capital to \n purchase precious metals and to advertise and attend trade shows. EPIC \n has limited funds and is unable to provide the infrastructure required \n to support the creation of the EPIC Monetary System. Therefore, it \n cannot continue its business operations. The nature of EPIC’s past \n businesses will not enable it to raise capital. It is not and never has \n been a finance or financial company, and neither EPIC nor Tensleep have \n ever been able to raise capital for EPIC.\n \n \n Tensleep Financial Corporation\n \n \n Tensleep is a finance and Financial Services Company that has been \n funding and is able to continue to fund the infrastructure necessary for \n the development of the EPIC Monetary System and initiate limited sales \n of precious metals for conversion to EDDS for a limited period of time. \n During this limited period of time EPIC will be seeking to find a \n financial partner that will provide substantial capital that can be used \n to purchase precious metals and more importantly to advertise, attend \n trade shows, and provide EDD Members with funding to purchase good and \n services with a national currency secured by their EDDs.\n \n \n EPIC Capital Reorganization\n \n \n Whether Tensleep can raise capital for the EPIC Monetary System or not \n within a short period of time, EPIC will undergo a complete capital \n reorganization. The nature of the capital reorganization will be \n determined at that time.\n \n \n \n View source version on businesswire.com: https://www.businesswire.com/news/home/2019...