Business
EPIC Has Significant Intrinsic Value, and EPIC Sets Forth Its Intrinsic Characteristics
EPIC Has Significant Intrinsic Value, and EPIC Sets Forth Its Intrinsic Characteristics.
About this update from Epic Corporation Colo
[{"type":"text","content":"\n \n \n EPIC Has Significant Intrinsic Value, and EPIC Sets Forth Its Intrinsic Characteristics\n \n \nEPIC Has Significant Intrinsic Value, and EPIC Sets Forth Its Intrinsic Characteristics\n \n AUSTIN, TX--(Marketwired - Jan 15, 2014) - EPIC Corporation (PINKSHEETS: EPOR) (\"EPIC\"), and Ronald S. Tucker, EPIC's president, announced \"EPIC has significant intrinsic value due to its proprietary AcuFAB® acupressure spacer fabric and the products that can be made from it for worldwide consumer and healthcare market segments. AcuFAB® provides EPIC with significant intrinsic value because it does what it is designed to do -- provide greater ventilation and circulation when you need it.\"\n Charlie Munger has stated that to investment in a company understand its \"intrinsic characteristics\" that \"give it an advantage\" with a \"price that makes sense\"; and Warren Buffett has said \"first determine the value and then look at the price.\" \n EPIC's and RX Healthcare Systems, Ltd., EPIC's majority owned subsidiary, \"intrinsic characteristics\" include: no capital requirement for machinery or equipment in the production of AcuFAB® or the products made from it; a major textile mill that can produce large quantities of AcuFAB®; a FDA approved contract manufacturer that can scale the production of AcuFAB® products at a fixed price per unit; an abundant supply of polyester fibers from many producers; a single fixed cost for the fabric used in the production of all AcuFAB® products; no direct labor costs, indirect factory burden or fulfillment costs; low overhead costs; two years of providing samples of AcuFAB® products to consumers, healthcare professionals, and healthcare institutions for their evaluation; and testimonials from users of the products.\n For testimonials of consumers and healthcare professionals please visit www.epiccor.us. \n About EPIC\n EPIC is a private financial services company with an exit strategy. Its business is providing corporate, business and financial development services for subsidiaries and joint ventures with independent healthcare product companies with the objective to create capital growth and establish an exit strategy for their investors.\n EPIC is a shareholder orientated financial services company and its value is determined by two factors -- return of capital t...