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Epic Offers Common Shareholders Three Methods to Receive a Return on Investment, One Method Could Provide a 500% to 888% Annualized Rate of Return
Epic Offers Common Shareholders Three Methods to Receive a Return on Investment, One Method Could Provide a 500% to 888% Annualized Rate of Return.
About this update from Epic Corporation Colo
[{"type":"text","content":"\nEpic Offers Common Shareholders Three Methods to Receive a Return on Investment, One Method Could Provide a 500% to 888% Annualized Rate of Return\n\nEpic Offers Common Shareholders Three Methods to Receive a Return on Investment, One Method Could Provide a 500% to 888% Annualized Rate of Return\n\n AUSTIN, TX--(Marketwired - January 12, 2015) - EPIC Corporation Inc. (OTC PINK: EPOR) and Ronald Tucker it CEO announced \"EPIC's Board of Directors has authorized a series of quarterly exchange offerings for its common shareholders in street name to exchange common shares for preferred shares. The first exchange offering is to shareholders of record on March 20, 2014. This offer will to exchange 1 share of EPIC's Series A 5% Convertible Preferred Stock for 1.5 shares of EPIC's common stock. Through the exchange common shareholders will have three methods to receive a return of investment.\" The three methods are: the conversion of preferred shares into common shares, the receipt of a quarterly dividend paid to preferred shareholders in the Company' common stock and the sell of the common stock received from the quarterly dividend.\nExamples EPIC's current market price is between $0.10 and $0.18 per share, assuming the market remains in this price range for a period of ninety days and a shareholder purchases common stock within that period for $0.18 per share, on March 31, 2015 the shareholder exchanges the common stock for the preferred stock and the shareholder then converts the preferred stock back to the common stock with a cost of $0.081 per share and the shareholder sells the converted common stock for between $0.10 to $0.18 per share immediately after the conversion. The result is the Shareholders would receive a return of investment of 125% to 222% based on the converted common stock with an annualized return on investment of 500% to 888%. \"EPIC is a private project oriented special financial services company with a trading security to provide its shareholders with an exit strategy and a preferred stock providing a return on investment,\" said Mr. Tucker. \"EPIC's management shows by actions not by words that EPIC is not a typical penny stock company by any standard. The exchange offer and future exchange offers of Convertible Preferred Stock for common stock are actions. EPIC will be making a formal Notice of Exchange Off...