EPIC Declares Stock Dividend
19 6월 2010 - 12:39PM
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.
Epic (CE) (USOTC:EPOR)
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Epic (CE) (USOTC:EPOR)
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