EPIC Declares Stock Dividend
Friday, June 18, 2021 11:39 PM

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EPIC A Different Penny Stock Company

Jun. 18, 2010 (Business Wire) -- EPIC Corporation (OTC:EPOR) (the “Company”), a financial services company, announced that its board of directors has approved a one share for one share owned stock dividend to shareholders of record on June 30, 2010, payable in the company's common stock on July 15, 2010.

“In an effort to develop more liquidity in the trading of the Company's common stock, the board of directors has declared a one for one stock dividend,” said Ronald Tucker CEO of the Company. “The Company's float is approximately 1,500,000 shares and after the stock dividend it will be in the neighborhood of 3,000,000 shares.”

“The board recognizes that considering the size of the company and the nature of our business, penny stock investors are not able to evaluate our company the same as companies of similar size with a more traditional penny stock company business,” Mr. Tucker further stated. “We realize many investors think of the Company as a shell. They do not realize, we do not generate revenues as most penny stock companies. Normally, compensation for our services are in the form of equity interests in affiliated companies and revenues are reflected in the increase in value of the equity interests and realized from sale of those equity interests, and part of the value the company's shareholders receive from the company is through stock dividends paid in shares of an affiliate's equity interests. ”

For more information about EPIC and the EPIC Financial Network go to www.eporco.com and www.epicfinancialnetwork.com, respectively.

EPIC is a financial services company which in order to obtain financing for its affiliates forms, organizes, reorganizes and restructures development stage public companies (“DSPC(s)”), enabling them to grow both internally and externally.

(Source: Business Wire )
 

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