AUSTIN, Texas–(BUSINESS WIRE)–EPIC Corporation (OTC PINK: EPOR) (“EPIC” or “Company”) and Ronald S.
Tucker announced that, “EPIC is a special private non-reporting public
trading company, and the Board of Directors has authorized its fourth
voluntary exchange to shareholders of common stock, held in street name,
for shares of EPIC’s Series A 5% Convertible Preferred Stock on a basis
of one share of common stock for one share of Preferred Stock. The
exchange date is to be on or before June 18, 2019. The minimum number of
shares of common to be exchanged is 1,000 shares and the maximum number
of shares is 20,000.”
EPIC is a special private non-reporting trading company in part due to
the difficulty for minor and major shareholders of record to deposit
shares of EPIC stock with broker/dealers.
EPIC is special for three reasons:
1. EPIC is participating in the development and implementation of a
virtual money system. Management believes the system will be implemented
by the end of June or July 2019.
2. EPIC is a shareholder-oriented company.
3. EPIC is alike to a New York Stock Exchange company.
Why is the development and implementation of a virtual money system
special?
EPIC’s mission is to establish a virtual money system that will provide
its members with a hedge against currency depreciation.
To fulfill EPIC’s mission, it is the first time a cryptocurrency will be
supported by precious metals.
How is EPIC a shareholder-oriented company?
It starts with Management’s belief that its wealth will be the result of
creating wealth for its non-controlling shareholders in EPIC’s trading
market. Shareholder wealth will be created by EPIC using its capital to
promote the sale of American Eagle Silver and Gold Coins and converting
them to EPIC Digital Dollars.
EPIC’s management believes in transparency. It will provide semi-annual
and annual financial statements with Statements of Information that
contain information required by the Securities & Exchange Act of 1934
(“Exchange Act”), without incurring the burdensome costs of being a
reporting company under the Exchange Act or the requirements of OTC
Markets to be a “Current Information” company.
EPIC’s business is a progression and will gradually grow without the
necessity of having material events on a monthly basis.
How is EPIC alike to a New York Stock Exchange Company?
In June 2013, EPIC developed a Preferred Stock that has since paid a
quarterly stock dividend to its Preferred Stock holders in street name.
EPIC has held three exchanges of EPIC common stock for EPIC Preferred
Stock with shareholders’ owning common stock in street name. EPIC is now
announcing its fourth exchange offer of common stock for preferred stock
to shareholders in street name.
EPIC is the only private non-reporting trading company that pays a stock
dividend to its preferred shareholders.
About EPIC
EPIC and its parent company, Tensleep Financial Corporation, are
creating a disruptive, effective and usable virtual money system that
combines the digital currency with American Eagle Silver and Gold Coins
to form EPIC Digital Dollars.
Contacts
Scott McIntosh
Email: [email protected]
Telephone:
949-228-2352
